Xander Resources Inc.
TSXV:XND Stock Report
Xander Resources Balance Sheet Health
Financial Health criteria checks 4/6 Xander Resources has a total shareholder equity of CA$490.2K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$586.8K and CA$96.6K respectively.
Key information Interest coverage ratio n/a Cash CA$402.93k Equity CA$490.25k Total liabilities CA$96.56k Total assets CA$586.81k
Recent financial health updates
Xander Resources Inc. Auditor Raises 'Going Concern' Doubt Jul 26
Show all updates
New major risk - Financial position Aug 31 Xander Resources Inc. announced that it expects to receive CAD 0.5 million in funding May 31
Xander Resources Inc., Annual General Meeting, Jul 12, 2024 May 17
New minor risk - Shareholder dilution Feb 14 Xander Resources Inc. announced that it expects to receive CAD 1 million in funding Jan 15
High number of new and inexperienced directors Jul 01
Xander Resources Inc. Announces Appointment of Richard Paolone as Director Jun 20 Xander Resources Inc. announced that it has received CAD 1.304575 million in funding Dec 23
Xander Resources Commences Maiden Drilling Program At the Timmins Nickel Project Dec 01 Xander Resources Inc. Begins Exploration Work At the Timmins Nickel Project
Less than half of directors are independent Nov 16
Xander Resources Engages Drill Contractor for Timmins Nickel Project Nov 12
Xander Resources Inc. Provides an Exploration Update At Its Timmins Nickel Project Located Near Timmins, Ontario Sep 09 Xander Resources Inc. announced that it has received CAD 2.683263 million in funding Jul 28
Xander Resources Inc. announced that it has received CAD 2.683264 million in funding from Aberdeen International Inc., Sulliden Mining Capital Inc., and other investors May 05
Xander Resources Inc. announced that it has received CAD 2.683264 million in funding May 04
Less than half of directors are independent Apr 27 Xander Resources Inc. announced that it expects to receive CAD 2 million in funding
Xander Resources Inc. Announces Exploration Plans for 2022 Dec 12 Xander Resources Engages Geotech to Fly Vtem Survey At Timmins Nickel Project
Director James Walker has joined 4th company board Sep 17
Director James Walker has joined 4th company board Sep 17
Xander Resources Inc. announced that it expects to receive CAD 0.2 million in funding Sep 02
Independent Director Benoit Chotard has left the company Sep 01
Less than half of directors are independent Aug 25
Xander Resources Inc. (TSXV:XND) acquired Additional 39 claims contiguous to its Senneville West Lithium Property. Aug 22
Less than half of directors are independent Aug 11
Xander Resources Inc. Announces the Results from the First 3 Drill Holes Completed on the Senneville South Property Jul 15
Xander Resources Inc. Announces Fenelon Blue Ribbon 2020 Fall Channel Sampling Program in the Abitibi Greenstone Belt Has Identified Gold Occurrences May 27
Xander Resources Inc. (TSXV:XND) completed the acquisition of additional 20 claims located contiguous to Senneville Group of claims from 2615153 Ontario Inc. May 19
Xander Resources Inc Commences Geophysical Exploration Targeting the Lithium Geology May 07
Xander Resources Inc. (TSXV:XND) entered into an agreement to acquire Additional 20 Claims Located Contiguous to Senneville Group of Claims for CAD 0.08 million. Apr 27
Xander Resources Inc. Announces CFO Changes Feb 24
Xander Resources Inc. Provides Drilling Update on the Senneville Claim Group in Val- D'or East Where Drilling Is Now Scheduled to Commence in March 2021 Feb 23
Xander Resources Inc. announced that it has received CAD 0.275 million in funding Jan 20
Xander Resources Inc. Announces Drilling on the Senneville Claim Group in Val-d'Or East Jan 09
Xander Resources Inc. Appoints Benoit Chotard as Board of Director Nov 24
Xander Prepares for Winter Drilling Program on Val-D'or Senneville Gold Property Group Nov 20
Xander Resources Inc. Announces Further Advancement of 100% Owned Blue Ribbon Property in the Fenelon Gold Camp Nov 18
Magnor Exploration Inc in Collaboration with Xander's Team Delineates the Historical Gold Showings on Surface At the 100% Owned Blue Ribbon Property Oct 18
Xander Resources Inc. announced that it has received CAD 0.4 million in funding from Palisades Goldcorp Ltd. Oct 02
Xander Resources Provides Exploration Update on Fenelon and Val d'Or Properties Oct 01 Xander Resources Inc. Announces Executive Changes
Xander Resources Inc. announced that it has received CAD 0.1764 million in funding from 1282803 Ontario Inc. and other investors Sep 01
Xander Resources Inc. Auditor Raises 'Going Concern' Doubt Jul 26
Financial Position Analysis
Short Term Liabilities: XND's short term assets (CA$586.8K) exceed its short term liabilities (CA$96.6K).
Long Term Liabilities: XND has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XND is debt free.
Reducing Debt: XND had no debt 5 years ago.
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: XND has less than a year of cash runway based on its current free cash flow .
Forecast Cash Runway: XND has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.5% each year
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