Millbank Mining Corp (TSE:HDRO)

:HDRO

HDRO

Millbank Mining Corp

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Millbank Mining Corp (HDRO) Price & Analysis

11 Followers

HDRO Stock Chart & Stats

C$0.89

Market closed

C$0.89

Day’s Range― - ―

52-Week RangeC$0.68 - C$6.00

Previous CloseN/A

VolumeN/A

Average Volume (3M)64.32K

Market Cap

C$3.94M

Enterprise ValueC$2.75M

Total Cash (Recent Filing)C$1.68M

Total Debt (Recent Filing)C$0.00

Price to Earnings (P/E)―

Beta-0.33

Next Earnings

Aug 04, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.86

Shares Outstanding4,919,141

10 Day Avg. Volume77,932

30 Day Avg. Volume64,317

Financial Highlights & Ratios

PEG Ratio-0.02

Price to Book (P/B)2.28

Price to Sales (P/S)0.00

P/FCF Ratio-1.71

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Debt-free Balance SheetA debt-free balance sheet with roughly $2.86M of equity materially lowers solvency and interest obligations, giving management flexibility to pursue financing or JV structures. This conservative leverage profile reduces bankruptcy risk and supports longer runway versus leveraged peers.

Conservative Leverage ProfileConservative leverage means fewer fixed obligations and greater optionality in choosing funding sources (equity, project finance, or partners). Over a multi-month horizon this structural prudence supports strategic choices and reduces downside from interest-rate or covenant shocks.

Operations Not Debt-fundedManagement’s approach of not using debt to fund operating losses limits fixed financing costs and preserves capacity for structured, non-debt funding. This lowers leverage risk and keeps future capital-structure decisions flexible as projects or partners are evaluated.

Bears Say

Zero RevenueThe company reports no revenue across annual periods and TTM, indicating a pre-commercial or exploration-stage business with no internal cash generation. Lack of operating revenue creates high execution risk and means progress depends on successful project development or external funding.

Widening LossesLosses have expanded materially year-over-year, showing costs rising without offsetting revenue. Persistent widening losses erode equity, increase the probability of dilutive capital raises, and reduce the firm's ability to self-fund exploration or development activities over the medium term.

Negative Cash Flow / Cash BurnOperating and free cash flows are deeply negative and deteriorating, indicating sustained cash burn. This structural cash deficit necessitates external financing, raising dilution risk and constraining the company’s ability to advance projects, secure partners, or absorb adverse developments.

Millbank Mining Corp News

Primary Hydrogen Consolidates Shares in Capital Structure Overhaul

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an update. Primary Hydrogen Corp. will implement a one-for-ten consolidation...

4M ago

Primary Hydrogen Consolidates Shares in 10-for-1 Roll-Up on TSX Venture

Millbank Mining Corp ( ($TSE:HDRO) ) has issued an announcement. Primary Hydrogen Corp. will implement a 10-for-1 consolidation...

4M ago

Primary Hydrogen Plans 10-for-1 Share Consolidation to Streamline Capital Structure

Millbank Mining Corp ( ($TSE:HDRO) ) has issued an announcement. Primary Hydrogen Corp. has announced a proposed 10-for-1...

4M ago

Primary Hydrogen Advances Wicheeda North Permitting, Reshapes Exploration Team

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an update. Primary Hydrogen Corp. has provided an update on...

6M ago

Primary Hydrogen Corp. Reports Promising Hydrogen Findings in Newfoundland and Labrador

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. has completed its Phase 1...

7M ago

Primary Hydrogen Corp. Uncovers Significant Hydrogen Anomaly in British Columbia

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. has identified an 8-kilometre hydrogen...

7M ago

Primary Hydrogen Corp. Unveils Promising Hydrogen Anomalies in Ontario Exploration

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. has reported significant findings from...

7M ago

Primary Hydrogen Identifies Key REE Anomalies at Wicheeda North Project

The latest announcement is out from Millbank Mining Corp ( ($TSE:HDRO) ). Primary Hydrogen Corp. has identified two...

7M ago

Primary Hydrogen Corp. Reports Unanimous AGM Voting Results

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. announced the results of its...

9M ago

Primary Hydrogen Initiates Phase 2 Exploration at Hopkins Project

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. has commenced Phase 2 field...

9M ago

HDRO FAQ

What was Millbank Mining Corp’s price range in the past 12 months?

Millbank Mining Corp lowest stock price was C$0.68 and its highest was C$6.00 in the past 12 months.

What is Millbank Mining Corp’s market cap?

Millbank Mining Corp’s market cap is C$3.94M.

When is Millbank Mining Corp’s upcoming earnings report date?

Millbank Mining Corp’s upcoming earnings report date is Aug 04, 2026 which is in 53 days.

How were Millbank Mining Corp’s earnings last quarter?

Currently, no data Available

Is Millbank Mining Corp overvalued?

According to Wall Street analysts Millbank Mining Corp’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Millbank Mining Corp pay dividends?

Millbank Mining Corp does not currently pay dividends.

What is Millbank Mining Corp’s EPS estimate?

Millbank Mining Corp’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Millbank Mining Corp have?

Millbank Mining Corp has 4,919,141 shares outstanding.

What happened to Millbank Mining Corp’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Millbank Mining Corp?

Currently, no hedge funds are holding shares in TSE:HDRO

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Millbank Mining Corp

Primary Hydrogen Corp., headquartered in Calgary, Canada, is dedicated to the identification, acquisition, and advancement of natural hydrogen assets across the country. The company, which originated as Millbank Mining Corp., officially adopted its current name in November 2024, having been incorporated in 2020.