Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Gross Profit | -41.55K | 0.00 | -16.23K | -11.29K | 0.00 |
EBITDA | -10.68M | -90.43K | -1.52M | -1.36M | -1.78M |
Net Income | -10.72M | -1.56M | -1.54M | -1.38M | -2.06M |
Balance Sheet | |||||
Total Assets | 14.54M | 17.89M | 12.44M | 9.13M | 6.75M |
Cash, Cash Equivalents and Short-Term Investments | 1.42M | 3.81M | 3.26M | 2.43M | 2.76M |
Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Liabilities | 429.07K | 634.35K | 342.06K | 272.83K | 384.22K |
Stockholders Equity | 14.11M | 17.26M | 12.10M | 8.85M | 6.36M |
Cash Flow | |||||
Free Cash Flow | -687.71K | -5.40M | -3.64M | -3.81M | -2.42M |
Operating Cash Flow | -666.86K | -1.27M | -875.92K | -955.00K | -2.31M |
Investing Cash Flow | -2.68M | -4.13M | -2.76M | -2.85M | -102.50K |
Financing Cash Flow | 948.66K | 5.95M | 4.47M | ― | 4.74M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
46 Neutral | C$14.60M | ― | -549.91% | ― | ― | 41.76% | |
45 Neutral | C$13.14M | ― | -69.27% | ― | ― | -164.55% | |
44 Neutral | C$992.05M | -6.72 | -13.73% | 2.53% | 17.45% | -32.50% | |
39 Underperform | C$9.36M | ― | -133.66% | ― | ― | -701.60% | |
33 Underperform | C$15.71M | ― | -23.11% | ― | ― | 41.95% |
Sterling Metals has commenced its inaugural drilling program at the Copper Road Project in Ontario, aiming to explore significant copper mineralization. The fully funded 2,000-meter diamond drill program targets high-priority zones to test near-surface mineralization and its connection to a larger porphyry center at depth. This initiative is part of Sterling’s strategy to capitalize on Canada’s underutilized natural resources and could potentially position the company as a key player in the copper mining sector, given the project’s accessibility and promising geological features.
Sterling Metals Corp. has successfully closed a non-brokered private placement, raising $1,520,500 through the issuance of 6,082,000 units. The proceeds will be used for general working capital purposes, and the offering involved related party transactions, with insiders subscribing for a portion of the units. This move underscores Sterling’s strategic efforts to bolster its financial position and continue its exploration initiatives in Canada.
Sterling Metals Corp. has announced an increase in its non-brokered private placement to 6,400,000 units, aiming to raise up to $1,600,000. The proceeds will be used for general working capital, and the offering is subject to regulatory approvals, highlighting Sterling’s strategic financial maneuvers to strengthen its operational capabilities.
Sterling Metals has announced an increase in its non-brokered private placement, now offering up to 5,200,000 units at $0.25 per unit, aiming to raise $1,300,000. This move, driven by strong shareholder demand, supports the company’s Copper Road Project as it prepares for its inaugural drilling program, indicating confidence in its potential and strategic positioning in the mineral exploration industry.
Sterling Metals has announced a non-brokered private placement of up to 4,000,000 units at $0.25 per unit, aiming to raise up to $1,000,000. The proceeds will be used for general working capital purposes. Each unit consists of one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.40 per share for two years. The offering is subject to regulatory approvals, including from the TSX Venture Exchange, and all securities will be under a four-month hold period. This move is expected to support Sterling’s ongoing exploration projects in Canada, potentially enhancing its market position in the mineral exploration industry.
Sterling Metals Corp. has announced the consolidation of its common shares, reducing the number of shares by exchanging ten pre-consolidation shares for one post-consolidation share, effective around February 24, 2025. This move, approved by shareholders, aims to streamline the company’s share structure and improve marketability. Concurrently, the company is advancing its Copper Road Project by preparing to drill 2,000 meters in search of copper porphyry potential, following promising fieldwork and survey results. This strategic update is expected to enhance Sterling’s operational focus and shareholder value.