Eskay Mining Balance Sheet Health

Financial Health criteria checks 6/6

Eskay Mining has a total shareholder equity of CA$5.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.8M and CA$447.6K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$2.63m
Equity	CA$5.38m
Total liabilities	CA$447.62k
Total assets	CA$5.83m

Recent financial health updates

Recent updates

Eskay Mining (CVE:ESK) Is Making Moderate Use Of Debt

Oct 27

Does Eskay Mining (CVE:ESK) Have A Healthy Balance Sheet?

Jun 30

Is Eskay Mining (CVE:ESK) Using Too Much Debt?

Mar 11

Is Eskay Mining (CVE:ESK) Using Debt Sensibly?

Nov 18

Would Eskay Mining (CVE:ESK) Be Better Off With Less Debt?

Jul 07

Financial Position Analysis

Short Term Liabilities: ESK's short term assets (CA$3.7M) exceed its short term liabilities (CA$369.5K).

Long Term Liabilities: ESK's short term assets (CA$3.7M) exceed its long term liabilities (CA$78.1K).

Debt to Equity History and Analysis

Debt Level: ESK is debt free.

Reducing Debt: ESK had no debt 5 years ago.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ESK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ESK is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 28.3% per year.

Eskay Mining Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Eskay Mining (CVE:ESK) Is Making Moderate Use Of Debt

Does Eskay Mining (CVE:ESK) Have A Healthy Balance Sheet?

Is Eskay Mining (CVE:ESK) Using Too Much Debt?

Is Eskay Mining (CVE:ESK) Using Debt Sensibly?

Would Eskay Mining (CVE:ESK) Be Better Off With Less Debt?

Recent updates

Eskay Mining Corp., Annual General Meeting, Oct 17, 2024

Eskay Mining Corp. (TSXV:ESK) signed a letter of intent to acquire P2 Gold Inc. (TSXV:PGLD) for CAD 11.2 million.

Eskay Mining (CVE:ESK) Is Making Moderate Use Of Debt

Insufficient new directors

Eskay Mining Corp. Drills VMS Mineralization at Four New Targets at its Consolidated Eskay Project, Golden Triangle, BC

Eskay Mining Corp., Annual General Meeting, Oct 03, 2023

New minor risk - Share price stability

Eskay Mining Corp. Identifies New Targets and Commences Drilling at its Consolidated Eskay Project, Golden Triangle, BC

Skeena Resources Limited (TSX:SKE) acquired 5 Mining Claims from Eskay Mining Corp. (TSXV:ESK) for CAD 4 million.

Skeena Resources Limited (TSX:SKE) acquired 5 Mining Claims from Eskay Mining Corp. (TSXV:ESK) for CAD 4 million.

Does Eskay Mining (CVE:ESK) Have A Healthy Balance Sheet?

Eskay Mining Corp. Announces Exploration Plans for 2023 At Its Consolidated Eskay Project, Golden Triangle, BC

Is Eskay Mining (CVE:ESK) Using Too Much Debt?

Eskay Mining Corp. Confirms New Precious Metal-Rich VMS System at Scarlet Knob-Tarn Lake at Similar Stratigraphic Position to the Eskay Creek Deposit

Eskay Mining Corp. Expands the TV-Jeff Precious Metal-Rich VMS System and Demonstrates Its Connectivity with the Eskay Creek System on the Western Limb of the Eskay Anticline

Independent Director recently sold CA$66k worth of stock

Is Eskay Mining (CVE:ESK) Using Debt Sensibly?

Eskay Mining Reaches Drilling Goal as the 2022 Exploration Campaign Nears Completion

Eskay Mining's Maiden Scarlet Valley Drilling Commences

Eskay Mining Discovers A New VMS Center At Jeff North and Intercepts Polymetallic VMS Mineralization in Two Areas Along TV-Jeff Corridor

Eskay Mining Corp. Discovers More VMS Targets and Commences Drilling At Scarlet Ridge

Eskay Mining Corp., Annual General Meeting, Sep 20, 2022

Eskay Mining Corp. Announces Discovery of Multiple New Volcanogenic Massive Sulfide Deposits Across Its 100% Controlled Consolidated Eskay Project, British Columbia

Would Eskay Mining (CVE:ESK) Be Better Off With Less Debt?

Independent Director recently sold CA$89k worth of stock

Independent Director recently sold CA$137k worth of stock

Eskay Mining Corp. Commences 30,000 Meter Drill Program At Consolidated Eskay VMS Project, Golden Triangle British Columbia

Independent Director recently sold CA$61k worth of stock

Independent Director recently sold CA$106k worth of stock

Less than half of directors are independent

Eskay Mining Corp. announced that it has received CAD 7.000002 million in funding

Eskay Mining Corp. Announces Its Third Tranche of Assay Results from Its Summer, 2021 Diamond Drill Campaign At Its 100% Controlled Consolidated Eskay Precious Metal Rich Volcanogenic Massive Sulfide Project, British Columbia

Eskay Mining Corp. Provides Update on Drilling Program and an Overview of its Property Wide SkyTEM Results

Eskay Mining Corp Announces That Recent Diamond Core Drilling At the Jeff Target One of Multiple Targets Across Its 100% Owned Consolidated Eskay Precious Metal-Rich Volcanogenic Massive Sulphide Project in the Golden Triangle, British Columbia

Eskay Mining Corp. (TSXV:ESK) completed the acquisition of 19.5% stake in Garibaldi Resources Corp. (TSXV:GGI) from Sprott Foundation.

Corporate Secretary recently sold CA$91k worth of stock

Eskay Mining Corp. (TSXV:ESK) entered into an agreement to acquire 19.5% stake in Garibaldi Resources Corp. (TSXV:GGI) from Sprott Foundation for CAD 11.9 million.

Eskay Mining Corp. Receives All Assays from 20 Drill Holes Completed During Its Maiden Diamond Drill Program At Two Precious Metal-Rich Volcanogenic Massive Sulphide Deposits, Jeff and Tv, on Joint Venture Ground Held with Kirkland Lake Gold Ltd

New 90-day high: CA$2.72

New 90-day high: CA$1.41

Eskay Mining Corp. announced that it has received CAD 16.213875 million in funding

Eskay Mining Corp. announced that it expects to receive CAD 10 million in funding

Eskay Mining Corp. Completes Productive TV-Jeff Diamond Drill Campaign in which Most Drill Holes Encountered VMS Mineralization

New 90-day high: CA$0.90

Eskay Mining Corp. Encounters Massive Sulfide with Assays Up to 5.5 gpt Au and 507 Gpt Ag in First Drill Hole At the Tv Target; Adds Second Drill

Eskay Mining Corp. announced that it has received CAD 3.40925 million in funding

New 90-day high - CA$0.86

New 90-day high - CA$0.52

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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