Breakdown | |||||
TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
-268.23K | -170.17K | -171.28K | -82.61K | -27.05K | -63.98K | EBIT |
-3.87M | -2.20M | -1.92M | -1.61M | -1.30M | -1.01M | EBITDA |
-3.52M | -2.31M | -1.50M | -1.53M | -1.27M | -945.88K | Net Income Common Stockholders |
-5.59M | -2.54M | -1.79M | -1.62M | -1.30M | -2.01M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
2.36M | 1.06M | 2.50M | 4.34M | 6.42M | 1.83M | Total Assets |
10.19M | 52.93M | 39.91M | 38.09M | 26.16M | 14.08M | Total Debt |
0.00 | 5.64M | 389.86K | 417.65K | 43.15K | 10.36K | Net Debt |
-2.36M | 4.59M | -2.11M | -3.92M | -6.38M | -1.82M | Total Liabilities |
250.18K | 13.95M | 2.03M | 2.18M | 1.26M | 511.03K | Stockholders Equity |
9.94M | 38.97M | 37.88M | 35.91M | 24.89M | 13.57M |
Cash Flow | Free Cash Flow | ||||
-5.06M | -2.30M | -7.06M | -4.70M | -1.51M | -2.31M | Operating Cash Flow |
-4.25M | -2.30M | -1.86M | -1.87M | -1.50M | -2.28M | Investing Cash Flow |
-1.42M | -6.46M | -3.33M | -12.36M | -6.63M | -3.81M | Financing Cash Flow |
9.86M | 7.12M | 3.56M | 12.15M | 12.72M | 5.56M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
80 Outperform | $72.92B | 27.91 | 9.42% | 1.59% | 26.99% | -6.63% | |
75 Outperform | C$2.43B | 23.27 | 20.56% | ― | 64.92% | 185.22% | |
56 Neutral | C$62.94M | ― | -13.30% | ― | ― | -111.36% | |
47 Neutral | $2.64B | -3.82 | -29.05% | 3.32% | 2.72% | -29.50% | |
37 Underperform | C$3.20M | ― | -87.04% | ― | ― | -270.64% | |
31 Underperform | C$36.72M | ― | -91.29% | ― | ― | 7.15% |
Maritime Resources Corp. has announced promising initial drill results from its Hammerdown Gold Project, indicating high-grade gold mineralization. The results, which include significant gold grades over several metres, suggest the potential for quick cash flow generation as the company progresses towards developing the open pit project. The ongoing grade control drill program is a key step in de-risking the project and preparing for mining operations, with further potential for resource expansion identified in the mineralized zones.
Maritime Resources Corp. has announced the sale of its Lac Pelletier gold project to Emperor Metals Inc., marking a strategic move to divest non-core assets and focus on core projects in Newfoundland and Labrador. This transaction, which involves Maritime receiving 12.5 million shares of Emperor, strengthens Emperor’s exploration capabilities in the Abitibi greenstone belt, highlighting Maritime’s shift towards being an investor while enhancing shareholder value.
Maritime Resources Corp. has begun crushing mineralized stockpiles at its Pine Cove gold processing facility in Newfoundland and Labrador, with plans to re-commission the mill by January 2025. The company aims to process 85,000-115,000 tonnes of stockpiled material, estimated to contain 3,000 to 4,000 ounces of gold. Recruitment for key positions is nearly complete as the company prepares for the mill’s restart.
Maritime Resources Corp has uncovered high-grade gold mineralization at its Hammerdown Gold Project in Newfoundland, with trench samples revealing impressive gold grades. This discovery supports the potential for low-cost, high-margin cash flow as the company prepares to bring its Pine Cove mill back online.