Metallic Minerals (TSXV:MMG) - Stock Price, News & Analysis

MMG Stock Overview

Metallic Minerals Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and the United States.

About the company

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

Rewards

Risk Analysis

Earnings have declined by 13.8% per year over past 5 years

Has less than 1 year of cash runway

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

Shareholders have been diluted in the past year

+ 1 more risk

Metallic Minerals Corp. Competitors

SRG Mining

TSXV:SRG

CA$54.0m

Lithos Group

NEOE:LITS

CA$54.9m

Azimut Exploration

TSXV:AZM

CA$53.8m

Nickel 28 Capital

TSXV:NKL

CA$55.8m

Price History & Performance

Summary of all time highs, changes and price drops for Metallic Minerals
Historical stock prices
Current Share Price	CA$0.28
52 Week High	CA$0.44
52 Week Low	CA$0.23
Beta	1.38
1 Month Change	-5.08%
3 Month Change	-1.75%
1 Year Change	-16.42%
3 Year Change	-58.21%
5 Year Change	86.67%
Change since IPO	-93.00%

We Think Metallic Minerals (CVE:MMG) Needs To Drive Business Growth Carefully

Mar 07

Recent updates

Shareholder Returns

	MMG	CA Metals and Mining	CA Market
7D	-3.4%	0.02%	-0.6%
1Y	-16.4%	-3.9%	3.9%

Return vs Industry: MMG underperformed the Canadian Metals and Mining industry which returned -3.9% over the past year.

Return vs Market: MMG underperformed the Canadian Market which returned 3.9% over the past year.

Price Volatility

Is MMG's price volatile compared to industry and market?
MMG volatility
MMG Average Weekly Movement	10.3%
Metals and Mining Industry Average Movement	11.6%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.3%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: MMG has not had significant price volatility in the past 3 months.

Volatility Over Time: MMG's weekly volatility (10%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	n/a	Greg Johnson	mmgsilver.com

Metallic Minerals Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company explores for silver, gold, and copper deposits. Its flagship project is the 100% owned Keno silver project covering an area of 171 square kilometers located in the Keno Hill silver district, Yukon Territory, Canada.

Metallic Minerals Corp. Fundamentals Summary

How do Metallic Minerals's earnings and revenue compare to its market cap?
MMG fundamental statistics
Market cap	CA$48.45m
Earnings (TTM)	-CA$6.32m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-7.5x

P/E Ratio

Is MMG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMG income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$6.32m
Earnings	-CA$6.32m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.037
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did MMG perform over the long term?

See historical performance and comparison

MMG Stock Overview

Rewards

Risk Analysis

Metallic Minerals Corp. Competitors

TSXV:SRG

CA$54.0m

NEOE:LITS

CA$54.9m

TSXV:AZM

CA$53.8m

TSXV:NKL

CA$55.8m

Price History & Performance

Recent News & Updates

Metallic Minerals Corp. Announces Drill Results and New Drill Targets At the La Plata Project, Colorado, USA

Metallic Minerals Appoints M. Stephen Enders to Its Board of Directors

We Think Metallic Minerals (CVE:MMG) Needs To Drive Business Growth Carefully

Metallic Minerals Corp. Announces Inaugural 18 Million Silver Equivalent Ounce Ni 43-101 Mineral Resource Estimate for the Keno Silver Project in Yukon, Canada

Metallic Minerals Corp. Drills 46 Meters of 256 g/t Ag Eq including 3.3 Meters at 1,413 g/t Ag Eq at the Formo Target, Keno Silver Project in Yukon, Canada

Metallic Minerals Completes 2023 Exploration Program At the La Plata Project in Colorado, USA

Recent updates

Metallic Minerals Corp. Announces Drill Results and New Drill Targets At the La Plata Project, Colorado, USA

Metallic Minerals Appoints M. Stephen Enders to Its Board of Directors

We Think Metallic Minerals (CVE:MMG) Needs To Drive Business Growth Carefully

Metallic Minerals Corp. Announces Inaugural 18 Million Silver Equivalent Ounce Ni 43-101 Mineral Resource Estimate for the Keno Silver Project in Yukon, Canada

Metallic Minerals Corp. Drills 46 Meters of 256 g/t Ag Eq including 3.3 Meters at 1,413 g/t Ag Eq at the Formo Target, Keno Silver Project in Yukon, Canada

Metallic Minerals Completes 2023 Exploration Program At the La Plata Project in Colorado, USA

New major risk - Financial position

Metallic Minerals Completes 2023 Expansion Drill Program At Keno Silver Project in Yukon, Canada

Metallic Minerals Corp., Annual General Meeting, Dec 13, 2023

Metallic Minerals Corp. Provides Update on Expansion Drilling At La Plata Copper-Silver-Gold-Pge Project in Southwestern Colorado, USA

Metallic Minerals Expands Resource at La Plata Copper-Silver-Gold-PGE Project in Southwestern Colorado, USA

Metallic Minerals Launches First Phase Drill Program at the La Plata Copper-Silver-Gold-PGE Project in Southwest Colorado, USA

Insufficient new directors

Metallic Minerals Corp. Appoints Dr. Wolfgang Maier as Senior Geological Advisor

Metallic Minerals Corp. announced that it has received CAD 6.335437 million in funding from Newcrest Mining Limited

Metallic Minerals Corp. announced that it has received CAD 6.335437 million in funding from Newcrest Mining Limited

Metallic Minerals Corp. announced that it expects to receive CAD 6.335437 million in funding from Newcrest Mining Limited

Metallic Minerals Corp. Drills 1,540 G/T Ag Eq over 1.63 Meters Within 20.9 Meters of 230 G/T Ag Eq At Keno Silver Project in Yukon, Canada

Metallic Minerals Announces Gold Production Royalty Agreement with Parker Schnabel and Little Flake Mining of Discovery Channel's Gold Rush Television Series

Metallic Minerals Corp. Announces Initial Assay Results from the 2022 Field Program at the Keno Silver Project

High number of new and inexperienced directors

Metallic Minerals Corp. (TSXV:MMG) agreed to acquire La Plata Copper-Silver-Gold Project in Colorado, USA for $0.10 million.

Metallic Minerals Corp., Annual General Meeting, Dec 15, 2022

Metallic Minerals Corp. (TSXV:MMG) acquired 5 sq. km of new mineral properties in the Keno Hill silver district of Canada's Yukon Territory.

Metallic Minerals Corp. Announces Start of Drilling at La Plata Silver-Gold-Copper Project in Southwest Colorado, USA

Metallic Minerals Corp. Initiates 2022 Exploration Program At Keno Silver Project in Yukon, Canada

Metallic Minerals Corp. announced that it has received CAD 0.61782 million in funding

Metallic Minerals Corp. announced that it has received CAD 4.032 million in funding

Metallic Minerals Corp. announced that it expects to receive CAD 4.032 million in funding

High number of new and inexperienced directors

Metallic Minerals Defines 985 Million Pounds of Copper Equivalent in Inaugural NI 43-101Mineral Resource Estimate for the La Plata Project in Colorado, USA

Metallic Minerals Corp. Expands Targets at East Keno with Multiple Intersections of Broad, Bulk Tonnage Silver Mineralization

Metallic Minerals Corp. Appoints Scott Petsel as President

Metallic Minerals Announces Drill Results from the Central Keno Target Area of Keno Silver Project in Yukon, Canada

Metallic Minerals Corp. Announces Completion of Exploration Programs At Keno Silver Project

Is Metallic Minerals (CVE:MMG) In A Good Position To Invest In Growth?

Is Metallic Minerals (CVE:MMG) In A Good Position To Invest In Growth?

Metallic Minerals Launches 10,000+ meter Drill Program at Keno Silver Project in Yukon, Canada

Insider recently sold CA$430k worth of stock

We're Keeping An Eye On Metallic Minerals' (CVE:MMG) Cash Burn Rate

New 90-day high: CA$0.80

Metallic Minerals Announces Results from the First Drilling Program Ever Completed on the Eastern Part of the Keno Hill Silver District

Metallic Minerals Corp., Annual General Meeting, Mar 18, 2021

Metallic Minerals Corp. Completes 2020 Exploration Programs at Keno Silver Project in Yukon, Canada with New High-Grade Keno-Style Sulphide Discoveries

Metallic Minerals Corp. announced that it expects to receive CAD 2.500036 million in funding

Metallic Minerals Corp., Annual General Meeting, Dec 17, 2020

New 90-day low: CA$0.58

Metallic Minerals Corp. announced that it has received CAD 8 million in funding

New 90-day high - CA$0.60

Shareholder Returns

Price Volatility

About the Company

Metallic Minerals Corp. Fundamentals Summary

0.0x

-7.5x

Earnings & Revenue