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 |
-50.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
-1.66M | -2.35M | -1.71M | -2.98M | -1.06M | -489.32K | EBITDA |
-1.88M | 209.43K | -842.46K | 649.46K | 4.85M | 9.61K | Net Income Common Stockholders |
-1.82M | -2.14M | -5.62M | -4.51M | -217.35K | -479.71K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
647.54K | 356.58K | 2.26M | 4.46M | 6.71M | 885.76K | Total Assets |
6.41M | 660.20K | 2.67M | 4.65M | 12.79M | 8.33M | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
-647.54K | -356.58K | -558.07K | -1.59M | -2.63M | -885.76K | Total Liabilities |
168.18K | 582.75K | 763.37K | 757.97K | 2.29M | 576.35K | Stockholders Equity |
6.24M | 77.44K | 1.91M | 3.90M | 10.50M | 7.76M |
Cash Flow | Free Cash Flow | ||||
-1.74M | -2.30M | -2.52M | -3.03M | -3.14M | -1.68M | Operating Cash Flow |
-1.74M | -2.30M | -2.52M | -3.03M | -998.40K | -183.91K | Investing Cash Flow |
0.00 | 1.70M | 12.83K | 0.00 | -1.37M | -1.44M | Financing Cash Flow |
567.10K | 401.60K | 1.47M | 1.99M | 4.12M | 1.87M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
75 Outperform | C$2.43B | 23.27 | 20.56% | ― | 64.92% | 185.22% | |
47 Neutral | $2.64B | -3.82 | -29.05% | 3.32% | 2.72% | -29.50% | |
44 Neutral | C$12.91M | ― | -58.91% | ― | -83.85% | -24.32% | |
31 Underperform | C$36.72M | ― | -91.29% | ― | ― | 7.15% | |
21 Underperform | C$5.45M | ― | -638.22% | ― | ― | 5.36% |
Renforth Resources Inc. has commenced an update to the NI43-101 Mineral Resource Estimate for its Parbec gold deposit, incorporating new drill data to improve its deposit model. This update aims to enhance the company’s efforts to generate cash flow from the gold resource, which could be used to further develop their nearby large-scale nickel sulphide polymetallic system. The company is also exploring the potential of using advanced ‘surgical drilling’ technology to minimize environmental impact. Additionally, Renforth is testing TOMRA’s sorting technology to optimize processing by removing waste rock, which could lower costs and improve ore grade. The company has also discovered mineralized ultramafic material at the Victoria nickel sulfide polymetallic structure, potentially expanding the amount of mineralized material and raising questions about the relationship with the nearby Lalonde structure.
Renforth Resources Inc. has announced a series of developments at their Parbec Gold Deposit in Quebec, aiming to enhance their understanding of the deposit and move towards potential production. These initiatives include updating the resource estimate, permitting for dewatering underground access, and testing technology to optimize gold recovery. With these efforts, Renforth seeks to increase the value of their assets amid a favorable gold price environment.
Renforth Resources Inc. is raising $250,000 through a non-brokered private placement to fund exploration on its Malartic Metals Package property in Quebec, known for its diverse mineral occurrences, including battery minerals and precious metals. The company is also hosting a virtual Town Hall to discuss 2024 developments and future exploration plans, inviting shareholders and interested parties to participate.