company background image
RTE logo

Route 109 Resources TSXV:RTE Stock Report

Last Price

CA$0.10

Market Cap

CA$1.7m

7D

0%

1Y

-50.0%

Updated

25 Nov, 2024

Data

Company Financials

RTE Stock Overview

A junior mining exploration company, engages in the acquisition, exploration, and development of gold and base metal properties in Canada. More details

RTE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Route 109 Resources Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Route 109 Resources
Historical stock prices
Current Share PriceCA$0.10
52 Week HighCA$0.30
52 Week LowCA$0.08
Beta-0.026
11 Month Change-33.33%
3 Month Change-39.39%
1 Year Change-50.00%
33 Year Change-93.75%
5 Year Change-93.33%
Change since IPO-95.00%

Recent News & Updates

Recent updates

Shareholder Returns

RTECA Metals and MiningCA Market
7D0%6.6%2.2%
1Y-50.0%32.2%23.4%

Return vs Industry: RTE underperformed the Canadian Metals and Mining industry which returned 32.2% over the past year.

Return vs Market: RTE underperformed the Canadian Market which returned 23.4% over the past year.

Price Volatility

Is RTE's price volatile compared to industry and market?
RTE volatility
RTE Average Weekly Movementn/a
Metals and Mining Industry Average Movement10.4%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: Insufficient data to determine RTE's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017n/aRobert Prydewww.bmexgold.com

Route 109 Resources Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of gold and base metal properties in Canada. It holds a 100% interest in the King Tut Gold property, comprising 120 contiguous claims that cover an area of 5,206 hectares, and the Dunlop Bay Gold project, consisting of 76 mineral claims covering an area of 4,226 hectares, located in the Abitibi region of Quebec. The company was formerly known as BMEX Gold Inc. and changed its name to Route 109 Resources Inc. in October 2024.

Route 109 Resources Inc. Fundamentals Summary

How do Route 109 Resources's earnings and revenue compare to its market cap?
RTE fundamental statistics
Market capCA$1.66m
Earnings (TTM)-CA$250.84k
Revenue (TTM)n/a

0.0x

P/S Ratio

-6.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RTE income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$250.84k
Earnings-CA$250.84k

Last Reported Earnings

May 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.015
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio1.5%

How did RTE perform over the long term?

See historical performance and comparison