T2 Metals Balance Sheet Health

Financial Health criteria checks 6/6

T2 Metals has a total shareholder equity of CA$4.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.3M and CA$693.3K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$2.92m
Equity	CA$4.63m
Total liabilities	CA$693.30k
Total assets	CA$5.33m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: AGP's short term assets (CA$3.0M) exceed its short term liabilities (CA$693.3K).

Long Term Liabilities: AGP has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: AGP is debt free.

Reducing Debt: AGP currently has no debt however we can't compare to 5 years ago as we have no data for that period.

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: AGP has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: AGP has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 35.6% each year.

T2 Metals Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

T2 Metals Corp. announced that it has received CAD 0.527 million in funding

T2 Metals Corp. announced that it expects to receive CAD 0.527 million in funding

Less than half of directors are independent

T2 Metals Corp. Appoints Martin Hoff as a Non-Executive Director

New major risk - Shareholder dilution

T2 Metals Corp. announced that it has received CAD 2.4 million in funding

T2 Metals Corp. announced that it expects to receive CAD 0.5124 million in funding

New minor risk - Shareholder dilution

T2 Metals Corp., Annual General Meeting, Jul 17, 2024

T2 Metals Corp. announced that it expects to receive CAD 2 million in funding

Independent Director recently sold €804k worth of stock

T2 Metals Corp. Reports High Grade Polymetallic Drill Results At Its Sherridon Vhms Project, Manitoba

New major risk - Financial position

T2 Metals Corp. Receives Drill Permit for the Sherridon Copper-Zinc Project, Manitoba

T2 Metals Corp. Provides Update from Drilling at the Lida Copper - Silver - Gold Project on the Walker Lane Belt in South-Central Esmeralda County, Nevada

T2 Metals Further Expands Landholding At the Lida Copper - Silver Project, Nevada

T2 Metals Corp. announced that it has received CAD 1.4 million in funding

T2 Metals Corp. announced that it has received CAD 1.4 million in funding

T2 Metals Corp. Commences Drilling at the Lida Copper-Silver Project on the Walker Lane Belt in Esmeralda County, Nevada

T2 Metals Corp. Signs Contract for Drilling At the Lida Copper Silver Project, Nevada

Less than half of directors are independent

T2 Metals Corp. Receives Drill Permit for the Lida Copper - Silver Project, Nevada

Aguila Copper Corp. Grants Additional 25 BLM Lode Mining Claims At Lida Copper-Silver Project on Walker Lane Belt in South-Central Esmeralda County, Nevada

Aguila Copper Corp. Reports Results of Induced Polarization Survey At Lida Copper-Silver Project

Aguila Copper Corp. Defines Potential Buried Copper Porphyry in Airborne Geophysical Survey from the Cora Copper Project, Arizona

Aguila Copper Corp. to Start Induced Polarization Survey At Lida Copper-Silver Project in South-Central Esmeralda County, Nevada

Less than half of directors are independent

Aguila Copper Receives High Grade Copper and Silver Surface Sampling Results from Lida Project, Nevada

Less than half of directors are independent

Aguila Copper Corp Appoints Amanda Dahl as New Director

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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