Metallic Minerals (MMG) AI Stock Analysis

• Market Cap: C$34.89M
• Dividend Yield: N/A
• Average Volume (3M): 82.59K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: N/A
• EPS Growth: 18.07%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Mining
• EPS (TTM): -0.03
• Shares Outstanding: 178,911,680
• 10 Day Avg. Volume: 105,350
• 30 Day Avg. Volume: 82,586
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -7.40
• P/FCF Ratio: 0.00
• 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

Metallic Minerals presents a challenging investment case primarily due to its lack of revenue and consistent operational losses. Despite a strong equity position and no debt, the company's negative cash flows raise concerns about its financial sustainability. Technical analysis suggests some short-term positive momentum, but the negative valuation metrics underscore significant profitability issues.

Metallic Minerals Business Overview & Revenue Model

Company Description

Metallic Minerals (MMG) is a leading exploration and development company focused on high-grade silver and gold projects. With a strategic emphasis on precious and base metals, MMG operates in mineral-rich regions, aiming to discover and develop large-scale, economically viable deposits. The company's core operations focus on leveraging advanced exploration techniques to increase resource estimates and enhance project value.

How the Company Makes Money

Metallic Minerals makes money primarily through the exploration and development of its mineral properties, which involves identifying commercially viable deposits and advancing these projects towards production. Revenue streams include the sale of mineral rights, joint ventures with larger mining companies, and eventual production revenues from developed mines. The company may also generate income through strategic partnerships and investment opportunities that provide capital for exploration while offering potential returns from successful project outcomes.

Metallic Minerals Financial Statement Overview

Summary

Metallic Minerals faces significant challenges with no revenue generation and consistent losses over multiple periods. The company benefits from a solid equity base and zero debt, providing some financial flexibility. However, the ongoing negative cash flows and lack of operational income raise concerns about future viability without substantial operational improvements or external financing.

Income Statement

Metallic Minerals has consistently reported zero revenue over the years, indicating a lack of operational sales. The company posts persistent net losses, with negative EBIT and EBITDA margins, pointing to significant operational inefficiencies or high fixed costs. No revenue growth or profitability improvements are evident.

Balance Sheet

The balance sheet shows a strong equity position with zero debt, indicating financial stability and low leverage risk. The equity ratio remains high, suggesting the company is financed through equity rather than debt, which is a positive indicator of financial health. However, the lack of revenue challenges the long-term sustainability of the equity position.

Cash Flow

The cash flow statement reveals negative free and operating cash flows, reflecting ongoing challenges in generating cash from operations. Despite positive financing cash flows, the inability to generate operating cash flow poses a risk to future liquidity. The free cash flow has slightly improved, but remains negative, highlighting persistent cash burn.

Breakdown
TTM	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	-2.69K	-2.03K	-3.31K
	EBIT
-1.98M	-4.99M	-7.21M	-8.24M	-3.48M	-2.72M
	EBITDA
-4.97M	-4.92M	-7.21M	-7.49M	-3.21M	-2.51M
	Net Income Common Stockholders
-4.54M	-4.92M	-7.19M	-7.49M	-3.22M	-2.52M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
871.52K	5.67M	4.57M	4.02M	1.30M	813.35K
	Total Assets
7.26M	11.39M	9.10M	8.38M	3.43M	2.13M
	Total Debt
0.00	0.00	0.00	15.00K	796.20K	22.00K
	Net Debt
-282.45K	-5.67M	-4.57M	-4.01M	-503.85K	-791.35K
	Total Liabilities
630.77K	646.49K	694.72K	253.57K	1.18M	187.96K
	Stockholders Equity
6.63M	10.75M	8.41M	8.12M	2.25M	1.94M
Cash Flow		Free Cash Flow
-4.82M	-5.42M	-6.18M	-8.59M	-2.37M	-3.47M
	Operating Cash Flow
-4.66M	-5.15M	-5.32M	-8.49M	-2.10M	-3.42M
	Investing Cash Flow
-163.59K	-270.45K	-866.21K	-37.39K	-266.91K	-52.52K
	Financing Cash Flow
2.28M	6.51M	6.73M	11.25M	2.86M	2.92M

Metallic Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MMG, the sentiment is Positive. The current price of 0.2 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.18, and below the 200-day MA of 0.22, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.42 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MMG.

Metallic Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	75 Outperform	C$2.43B	23.27	20.56%	―	64.92%	185.22%
Sector *	47 Neutral	$2.64B	-3.82	-29.05%	3.32%	2.72%	-29.50%
MMG	46 Neutral	C$34.89M	―	-62.60%	―	―	18.07%
BHS	23 Underperform	C$13.80M	―	-4989.61%	―	―	-150.85%

Metallic Minerals Corporate Events

Metallic Minerals Extends Warrant Expiry Dates

Metallic Minerals Corp. has announced the extension of the expiry dates for its share purchase warrants, which were initially issued as part of private placements in 2022. This move aims to enhance shareholder value by allowing more time for the exercise of these warrants. The company remains focused on advancing its projects in North America, with significant resources in Colorado and the Yukon Territory.