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 |
-24.52K | -32.69K | -19.07K | 0.00 | 0.00 | 0.00 | EBIT |
-1.12M | -1.60M | -680.54K | -1.42M | -823.41K | -1.05M | EBITDA |
-28.63M | -1.60M | -688.89K | -807.64K | -823.41K | -1.05M | Net Income Common Stockholders |
-28.70M | -1.70M | -723.56K | -451.11K | -827.41K | -1.14M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
2.81M | 3.98M | 545.78K | 3.31M | 1.09M | 693.15K | Total Assets |
54.74M | 77.29M | 73.19M | 71.20M | 63.83M | 62.97M | Total Debt |
91.14K | 121.81K | 149.02K | 0.00 | 0.00 | 0.00 | Net Debt |
-2.40M | -3.83M | -364.77K | -3.26M | -1.05M | -242.66K | Total Liabilities |
1.64M | 571.03K | 1.60M | 982.53K | 1.10M | 1.08M | Stockholders Equity |
53.10M | 76.72M | 71.59M | 70.22M | 62.73M | 61.89M |
Cash Flow | Free Cash Flow | ||||
-3.23M | -2.99M | -5.08M | -5.67M | -1.25M | -2.16M | Operating Cash Flow |
-2.32M | -509.69K | -774.14K | -2.36M | -828.10K | -1.59M | Investing Cash Flow |
-5.87M | -2.48M | -4.31M | -3.31M | -8.52K | -965.10K | Financing Cash Flow |
6.72M | 6.43M | 2.34M | 7.88M | 1.65M | 2.74M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
79 Outperform | C$450.76M | 6.71 | 22.34% | ― | 37.39% | 516.99% | |
47 Neutral | $2.64B | -3.82 | -29.05% | 3.32% | 2.72% | -29.50% | |
46 Neutral | $157.71M | ― | -21.82% | ― | -27.73% | -44.62% | |
44 Neutral | $13.77M | ― | -329.25% | ― | 31.19% | -46.99% | |
43 Neutral | C$18.25M | ― | -5.00% | ― | ― | -1118.18% | |
37 Underperform | C$15.48M | ― | -44.22% | ― | ― | -1009.03% |
Commerce Resources Corp. has received conditional approval for $2.6 million CAD from Canada’s Critical Minerals Infrastructure Fund to develop an access road to its Ashram REE/Fluorspar Deposit in Quebec. This funding is crucial for advancing various studies and enhancing access to the Nunavik region, supporting multiple projects and indigenous groups, and aligning with Canada’s strategy to expand sustainable critical minerals production, thereby strengthening supply chains and fostering economic growth.
Commerce Resources Corp. has granted 9,000,000 performance share units to CEO Ross Carroll under its Equity Incentive Plan. These units will vest based on specific performance criteria met over the next year. This development reflects the company’s strategic efforts to incentivize leadership aligned with its growth objectives, potentially impacting its market position and operational efficiency.
Commerce Resources Corp. announces the resignation of Jody Dahrouge from its Board of Directors, marking the end of his influential role in the company. Dahrouge’s leadership was crucial in the discovery and development of significant projects like the Ashram Rare Earth and Fluorspar Deposit in Quebec. The company remains focused on becoming a leading low-cost producer in the rare earth market.
Commerce Resources Corp. has confirmed significant niobium discoveries at its Eldor Property in Quebec, enhancing the prospects of the Ashram Rare Earth and Fluorspar Deposit. The company has expanded the niobium mineralized footprint with new high-grade zones at the Northwest and Moira prospects, demonstrating the potential for large-scale niobium extraction. These discoveries could position Commerce Resources as a key player in the niobium market, which is crucial for various industrial applications.