Breakdown | |||||
TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
168.51K | 194.95K | 314.97K | 210.41K | 202.22K | 23.75K | Gross Profit |
138.62K | 165.06K | 285.08K | 180.52K | 172.33K | -6.14K | EBIT |
-989.90K | 0.00 | -1.55M | -1.50M | -1.33M | -1.67M | EBITDA |
-2.11M | -1.91M | -1.52M | -1.55M | -1.59M | -1.89M | Net Income Common Stockholders |
-2.26M | -1.95M | -1.11M | -1.90M | -1.02M | -1.35M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
6.83M | 4.78M | 4.96M | 6.41M | 7.43M | 11.02M | Total Assets |
42.68M | 41.22M | 41.66M | 39.22M | 39.92M | 38.89M | Total Debt |
7.51K | 16.61K | 51.11K | 82.41K | 110.75K | 136.15K | Net Debt |
-3.22M | -1.57M | -2.40M | -1.81M | -1.38M | -1.17M | Total Liabilities |
1.76M | 1.70M | 1.88M | 921.93K | 1.57M | 1.39M | Stockholders Equity |
40.91M | 39.52M | 39.78M | 38.29M | 38.34M | 37.50M |
Cash Flow | Free Cash Flow | ||||
-3.38M | -4.52M | -4.64M | -5.32M | -6.84M | -4.94M | Operating Cash Flow |
-1.03M | -1.60M | -464.72K | -1.19M | -1.20M | -1.24M | Investing Cash Flow |
-1.85M | -1.75M | -2.37M | -995.64K | -834.91K | 725.61K | Financing Cash Flow |
2.46M | 2.48M | 3.39M | 2.59M | 2.22M | 1.47M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
50 Neutral | C$30.89M | ― | -5.53% | ― | -48.83% | -49.71% | |
48 Neutral | C$46.29M | 239.13 | 0.39% | ― | ― | ― | |
47 Neutral | $2.64B | -3.82 | -29.05% | 3.32% | 2.72% | -29.50% | |
45 Neutral | C$17.17M | ― | -1.35% | ― | ― | -300.00% | |
31 Underperform | C$14.78M | ― | -911.04% | ― | ― | 15.98% | |
28 Underperform | C$1.31M | ― | -79.12% | ― | ― | 61.33% |
Midland Exploration Inc., in partnership with Rio Tinto Exploration Canada, is launching a second drilling campaign on the Galinée project to explore lithium deposits. The project, located near the Adina lithium deposit, involves a significant investment of 5.2 million CAD for the first phase of drilling in 2025. This campaign aims to build on previous successful drilling results from 2024, with plans to use both reverse circulation and diamond drilling techniques to explore new structural targets and extend known lithium-bearing zones. The initiative underscores Midland’s strategic efforts to enhance its position in the lithium exploration sector, potentially impacting its operational capabilities and stakeholder interests.
Midland Exploration Inc., in collaboration with SOQUEM Inc., has announced a significant discovery of new copper occurrences in the Labrador Trough, leading to the staking of 104 mining claims. This discovery, resulting from a 2024 reconnaissance program, revealed copper mineralization over a 3.7 km stretch, with samples showing copper grades up to 3.73%. The findings highlight the potential for economic copper deposits in the area, which could enhance Midland’s industry positioning and offer promising implications for stakeholders.
Midland Exploration Inc. has announced the granting of incentive stock options to its employees, directors, and officers, allowing them to acquire 800,000 common shares at $0.33 per share over a ten-year period. Additionally, the company has amended its stock option plan to increase the number of shares issuable under the plan, pending exchange approval. This move aims to strengthen Midland’s operational framework, enhancing its capacity for strategic partnerships and growth in the mineral exploration sector.
Midland Exploration Inc. has announced its 2025 exploration plans across Quebec, focusing on projects in partnership with significant industry players like BHP, Barrick, and Rio Tinto. With a budget exceeding $14.5 million, the company aims to further explore in regions rich in gold, lithium, and copper resources, potentially enhancing its market position and stakeholder value.
Midland Exploration, in collaboration with Rio Tinto Exploration Canada, has announced promising assay results from its first lithium drilling campaign on the Galinée project. The drilling revealed significant concentrations of lithium oxide, with multiple spodumene pegmatites identified, suggesting further potential for lithium exploration. These findings underscore the Galinée project’s potential as a strategic lithium asset.