Manning Ventures Inc (MANN) AI Stock Analysis

• Market Cap: C$1.14M
• Dividend Yield: N/A
• Average Volume (3M): 243.86K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.50
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 5,714,996
• 10 Day Avg. Volume: 129,400
• 30 Day Avg. Volume: 243,863
• PEG Ratio: >-0.01
• Price to Book (P/B): 8.28
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.53
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: C$0.01 ▼(-30.00% Downside)
• Action: N/A Date: 01/04/26
• Date: Action: N/A 01/04/26

The score is driven primarily by very weak financial performance (no revenue, widening losses, persistent cash burn, and balance sheet erosion). Technical indicators are also weak with the price below major moving averages, and valuation metrics offer little support due to a negative P/E and no dividend yield.

Manning Ventures Inc Business Overview & Revenue Model

Company Description

Manning Ventures Inc. engages in the sourcing and exploration of mineral properties in Canada. It primarily explores for gold, silver, lead, iron ore, zinc, cobalt, uranium, rare earth, and copper deposits. The company holds interest in the Flint Lake gold project, which includes 4 separate unpatented claims covering an area of approximately 1,712 hectares located in Kenora town, northwestern Ontario. It also holds interest in the Lac Simone property, which consists of 63 mineral claims covering an area of approximately 3,287.4 hectares; and the Hope Lake property which includes 68 mineral claims covering an area of approximately 3,584.1 hectares. In addition, the has an option to acquire a 100% interest in the Broken Lake, Heart Lake, and Hydro properties that consist of 180 mineral claims covering an area of 9,501 hectares located in the Province of Quebec; and the Bounty lithium project comprises 144 mineral claims totaling 7,544 hectares. Further, it holds interest in Butterfly Pond property covering an area of 425 hectares, Mount Hogan property which covers an area of 250 hectares, Red Indian Lake property covering an area of 9,300 hectares, and Little Sheep Brook property covering an area of 700 hectares located in Newfoundland, Canada. Manning Ventures Inc. was incorporated in 2018 and is based in Vancouver, Canada.

How the Company Makes Money

Manning Ventures Inc Financial Statement Overview

Summary

Very weak fundamentals: no revenue reported, recurring operating losses, and a materially larger net loss in 2024. Cash flow is consistently negative with worsening free cash flow in 2024, and equity/asset levels fell sharply, reducing financial flexibility (despite no debt).

Income Statement

The company reports no revenue across the annual periods provided, while operating losses persist (EBIT negative every year). Net losses widened materially in 2024 (annual net income about -8.1M vs. -2.3M in 2023), indicating deteriorating profitability and weak earnings quality. A positive is that losses were smaller in some prior years (e.g., 2022 vs. 2021), but the latest year shows clear pressure and limited evidence of an improving operating trajectory.

Balance Sheet

Leverage appears low with no debt reported, which reduces refinancing and interest-rate risk. However, equity fell sharply in 2024 (to ~0.23M from ~8.20M in 2023), alongside very weak returns on equity in 2024, signaling significant balance sheet erosion and a reduced cushion to absorb ongoing losses. Total assets also declined meaningfully year over year, reinforcing the weakening capital base.

Cash Flow

Cash generation is negative: operating cash flow and free cash flow are below zero in every year shown, implying continued cash burn to sustain operations. Free cash flow deterioration in 2024 (down meaningfully vs. 2023) increases funding risk if losses continue. A modest positive is that free cash flow is directionally similar to net income (i.e., losses are not being heavily masked by non-cash gains), but the absolute level of burn remains a key concern.

Breakdown	TTM	Feb 2025	Feb 2024	Feb 2023	Feb 2022	Feb 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-6.82M	-977.38K	-1.62M	-751.94K	-1.43M	-121.11K
Net Income	-8.69M	-8.15M	-2.27M	-989.07K	-1.73M	-121.11K
Balance Sheet
Total Assets	285.81K	1.01M	8.95M	8.41M	8.56M	608.62K
Cash, Cash Equivalents and Short-Term Investments	65.02K	361.35K	1.59M	1.03M	2.01M	410.00K
Total Debt	100.00K	0.00	0.00	0.00	0.00	0.00
Total Liabilities	915.09K	783.47K	751.63K	367.73K	425.21K	55.19K
Stockholders Equity	-629.28K	225.96K	8.20M	8.04M	8.13M	553.43K
Cash Flow
Free Cash Flow	-514.81K	-1.22M	-1.95M	-975.77K	-1.34M	-137.04K
Operating Cash Flow	-498.38K	-1.17M	-1.73M	-604.91K	-985.25K	-112.04K
Investing Cash Flow	17.37K	-54.80K	-223.24K	-370.86K	-68.12K	-25.00K
Financing Cash Flow	-104.80K	0.00	2.50M	0.00	2.65M	0.00

Manning Ventures Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
VBN	43 Neutral	C$796.22K	-1.82	―	―	―	34.13%
MANN	41 Neutral	C$1.14M	-0.08	-236.38%	―	―	―
RAIN	38 Underperform	C$828.26K	-0.60	-68.29%	―	―	3.49%
SASY	33 Underperform	C$665.48K	-0.10	―	―	―	-67.75%