Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
---|---|---|---|---|
Income Statement | ||||
Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 |
EBITDA | -6.16M | -136.20K | 0.00 | 0.00 |
Net Income | -6.16M | -1.67M | -4.77M | -3.02M |
Balance Sheet | ||||
Total Assets | 1.38M | 1.84M | 3.16M | 7.07M |
Cash, Cash Equivalents and Short-Term Investments | 1.30M | 1.74M | 2.78M | 7.01M |
Total Debt | 0.00 | 0.00 | 26.01K | 0.00 |
Total Liabilities | 4.52M | 84.17K | 754.18K | 723.49K |
Stockholders Equity | -3.15M | 1.76M | 2.41M | 6.34M |
Cash Flow | ||||
Free Cash Flow | -1.40M | -1.61M | -4.24M | -510.74K |
Operating Cash Flow | -1.40M | -1.61M | -4.24M | -510.74K |
Investing Cash Flow | 0.00 | 0.00 | 0.00 | 177.39K |
Financing Cash Flow | 964.65K | 568.25K | 26.01K | 7.35M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
65 Neutral | $15.47B | 7.30 | 2.96% | 5.25% | 4.27% | -62.52% | |
54 Neutral | C$3.37M | ― | -128.71% | ― | ― | -123.91% | |
32 Underperform | ― | ― | ― | -2147.62% | |||
18 Underperform | C$3.17M | ― | -311.57% | ― | ― | 89.98% | |
― | $2.20M | ― | ― | ― | ― | ||
― | C$2.62M | ― | ― | ― | ― | ||
― | C$3.99M | ― | -93.76% | ― | ― | ― |
Metal Energy Corp. has successfully closed a non-brokered private placement, raising $1,000,000 to fund their Highland Valley Copper Project. The offering included the sale of flow-through units and common units, with securities subject to a holding period. Key participants in the transaction include Orecap Invest Corp. and company insiders, constituting a related party transaction.
Metal Energy Corp. has increased its non-brokered private placement to $1 million due to high investor interest. The offering includes a mix of company units and flow-through units, with Orecap Invest Corp. participating as a related party. The closing is expected around December 17, 2024, pending necessary approvals.
Metal Energy Corp has launched a multi-phase exploration program at its newly acquired Highland Valley Project, aiming to identify high-potential drill targets by 2025. The program’s first phase involves innovative geophysical surveys, including Ground AMT surveys, to map out promising areas for future drilling.