Armory Mining (CNSX:ARMY) - Stock Price, News & Analysis

ARMY Stock Overview

Engages in the acquisition and exploration of mineral property assets in Canada. More details

ARMY fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$5M)

Earnings have declined by 22% per year over past 5 years

+ 1 more risk

Armory Mining Corp. Competitors

Imagine Lithium

TSXV:ILI

CA$5.5m

Solis Minerals

TSXV:SLMN

CA$7.0m

SALi Lithium

CNSX:SALI

CA$6.9m

CopAur Minerals

TSXV:CPAU

CA$6.2m

Price History & Performance

Summary of all time highs, changes and price drops for Armory Mining
Historical stock prices
Current Share Price	CA$0.18
52 Week High	CA$0.35
52 Week Low	CA$0.02
Beta	1.08
11 Month Change	80.00%
3 Month Change	300.00%
1 Year Change	-10.00%
33 Year Change	n/a
5 Year Change	-40.00%
Change since IPO	-89.57%

Recent updates

Shareholder Returns

	ARMY	CA Metals and Mining	CA Market
7D	-33.3%	-1.6%	0.5%
1Y	-10.0%	23.7%	22.1%

Return vs Industry: ARMY underperformed the Canadian Metals and Mining industry which returned 25.3% over the past year.

Return vs Market: ARMY underperformed the Canadian Market which returned 23% over the past year.

Price Volatility

Is ARMY's price volatile compared to industry and market?
ARMY volatility
ARMY Average Weekly Movement	64.6%
Metals and Mining Industry Average Movement	10.4%
Market Average Movement	8.4%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: ARMY's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: ARMY's weekly volatility (65%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Nader Vatanchi	www.speyresources.ca

Armory Mining Corp. engages in the acquisition and exploration of mineral property assets in Canada. The company primarily explores for silver and lithium deposits. Its flagship property is the Candela II project located in Province of Salta, Argentina.

Armory Mining Corp. Fundamentals Summary

How do Armory Mining's earnings and revenue compare to its market cap?
ARMY fundamental statistics
Market cap	CA$5.34m
Earnings (TTM)	-CA$2.61m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.8x

P/E Ratio

Is ARMY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARMY income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$2.61m
Earnings	-CA$2.61m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.098
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.9%

How did ARMY perform over the long term?

See historical performance and comparison

ARMY Stock Overview

Risk Analysis

Armory Mining Corp. Competitors

TSXV:ILI

CA$5.5m

TSXV:SLMN

CA$7.0m

CNSX:SALI

CA$6.9m

TSXV:CPAU

CA$6.2m

Price History & Performance

Recent News & Updates

Armory Mining Corp. (CNSX:ARMY) completed the acquisition of Antimony Assets Inc.

Spey Resources Corp. announced that it has received CAD 0.38 million in funding

New major risk - Shareholder dilution

Spey Resources Corp. announced that it has received CAD 0.33 million in funding

Spey Resources Corp. announced that it expects to receive CAD 0.3 million in funding

Spey Resources Corp. announced that it expects to receive CAD 0.3 million in funding

Recent updates

Armory Mining Corp. (CNSX:ARMY) completed the acquisition of Antimony Assets Inc.

Spey Resources Corp. announced that it has received CAD 0.38 million in funding

New major risk - Shareholder dilution

Spey Resources Corp. announced that it has received CAD 0.33 million in funding

Spey Resources Corp. announced that it expects to receive CAD 0.3 million in funding

Spey Resources Corp. announced that it expects to receive CAD 0.3 million in funding

Spey Resources Corp., Annual General Meeting, Nov 28, 2024

High number of new and inexperienced directors

Spey Resources Corp. (CNSX:SPEY) acquired 14.8% stake in First Responder Technologies Inc. (CNSX:WPN) from Rauni Malhi for CAD 0.63 million.

Spey Resources Corp., Annual General Meeting, Dec 15, 2023

Spey Resources Corp. Appoints Nader Vatanchi as Chief Executive Officer

Spey Resources Corp. Completes NI 43-101 Candela II Lithium Brine Project Located in the Incahuasi Salar, Salta Province, Argentina

Spey Resources Corp. Announces Kaslo, BC Silver Project Advances

Spey Resources Corp. Completes Magnetotelleric Geophysics Survey at the Incahuasi Salar property, Candela II

Spey Resources Corp. Announces That It Intends to Focus on Its Incahuasi Salar Property Where 5 Diamond Drill Holes Wells Were Drilled in 2021 and Use This Drilling Data and Geophysics to Build A Resource Estimate

Less than half of directors are independent

Spey Resources Corp. Announces Board Appointments

Spey Resources Corp. Approves Board Elections

Spey Resources Corp. Announces Appointment of Jose Gustavo De Castro Alem to Advisory Board

Spey Resources Extracts 99.5% Battery Grade Lithium Carbonate Using Ekosolvetm Process from Flagship Candela Ii, Incahuasi Salar Project

Spey Resources Corp. Extracts 99.5% Lithium Carbonate Using Ekosolve(TM) Process from Flagship Candela II, Incahuasi Salar Project

Spey Resources Announces Commencement of Exploration for Lithium in James Bay Region of Quebec

Spey Resources Corp. Announces That Ministerio De Produccion Y Desarrollo Sustentable (Minister of Production and Sustainable Development) Approves Company's Drill Permits for Pocitos Salar Projects 1 and 2

Spey Resources Corp. Announces That Ministerio De Produccion Y Desarrollo Sustentable (Minister of Production and Sustainable Development) Approves Company's Drill Permits for Pocitos Salar Projects 1 and 2

Spey Resources Corp. Announces Chief Financial Officer Changes

Spey Resources Corp. (CNSX:SPEY) acquired Lithium Energy Metal Corporation for CAD 1.9 million.

Spey Resources Corp. prepares for drilling at Pocitos 2, Pocitos Salar, Argentina in November 2022

Spey Resources Corp., Annual General Meeting, Nov 09, 2022

Spey Resources Corp. Announces Executive Changes

Spey Resources Corp. (CNSX:SPEY) entered into an agreement to acquire Lithium Energy Metal Corporation on for CAD 1.9 million.

Spey Resources Corp. announced that it has received CAD 3.874762 million in funding

Spey Resources Corp. announced that it expects to receive CAD 2.75 million in funding

Spey Resources Corp. Announces the Achievement of Certain Development Milestones and Planned Future Activities Regarding the Incahuasi Salar Property and Pocitos Salar Property, Respectively

Less than half of directors are independent

Shareholder Returns

Price Volatility

About the Company

Armory Mining Corp. Fundamentals Summary

0.0x

-1.8x

Earnings & Revenue