Commerce Resources Balance Sheet Health

Financial Health criteria checks 6/6

Commerce Resources has a total shareholder equity of CA$76.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$76.6M and CA$542.5K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$2.28m
Equity	CA$76.10m
Total liabilities	CA$542.53k
Total assets	CA$76.64m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: D7H0's short term assets (CA$3.2M) exceed its short term liabilities (CA$468.2K).

Long Term Liabilities: D7H0's short term assets (CA$3.2M) exceed its long term liabilities (CA$74.4K).

Debt to Equity History and Analysis

Debt Level: D7H0 is debt free.

Reducing Debt: D7H0 has not had any debt for past 5 years.

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: D7H0 has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: D7H0 is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.

Commerce Resources Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

CEO, President and Director recently bought €58k worth of stock

Commerce Resources Corp. announced that it has received CAD 2.016 million in funding

Commerce Resources Corp. Announces CEO Changes

An unknown buyer completed the acquisition of Blue River Assets of Commerce Resources Corp. from Commerce Resources Corp. (TSXV:CCE) for CAD 1 million.

Commerce Resources Corp. announced that it expects to receive CAD 2.016 million in funding

Commerce Resources Corp. announced that it expects to receive CAD 5.04 million in funding

Commerce Resources Corp. Announces Summer Diamond Drill Program Targeting Niobium Prospects at the Eldor Property, Nunavik, Quebec

Commerce Resources Corp. Announces Significant Increase in Indicated Mineral Resource for the Ashram Rare Earth & Fluorspar Deposit, Quebec

New major risk - Revenue and earnings growth

Commerce Resources Corp., Annual General Meeting, May 08, 2024

Commerce Resources Announces Significant Advancements and Simplification of the Ashram Deposit’s Process Flowsheet

Commerce Resources Corp. Announces Board Changes

Commerce Resources Corp. Announces Changes to its Board of Directors

VP of Exploration & Director recently bought €163k worth of stock

Commerce Resources Corp. Ships 0.5 Km Sample of Mixed Rec Concentrate to Established Non-Chinese Processor

Commerce Resources Corp. announced that it has received CAD 0.1 million in funding

New major risk - Shareholder dilution

Commerce Resources Corp. announced that it has received CAD 5.453932 million in funding

Commerce Resources Corp. Ships 0.43 Kg Sample of Mixed REC Concentrate to Emerging Non-Chinese Processor

Commerce Resources Corp. announced that it expects to receive CAD 4.8 million in funding

Commerce Resources Corp. announced that it expects to receive CAD 4.8 million in funding

Commerce Resources Corp. Announces CEO Changes

Commerce Resources Corp. Announces Results from Saville Resources Inc.'s 2022 Drill Program at its Niobium Claim Group Property

Commerce Resources Corp. announced that it has received CAD 1.310748 million in funding

Commerce Resources Ships 100 G Sample of Mixed Rec Concentrate - 21.9% Ndpr - to Major Global Processor Located Outside of China

Less than half of directors are independent

Commerce Resources Corp. Produces 1.2 Kg of 52% REO Mixed REC Concentrate with 21.9% NdPr - for Shipment to Major Global Processor and Major Emerging Global Processor

Commerce Resources Corp. Completes Final Hole of Its 2022 Drill Program At the Ashram Rare Earth and Fluorspar Deposit, Quebec

Commerce Resources Corp. announced that it expects to receive CAD 2 million in funding

Commerce Resources Extends Mineralization Along Strike At the Ashram Rare Earth and Fluorspar Deposit, Quebec

Commerce Resources Corp. Delivers Ashram Whole Rock Material Per Industry Request

Commerce Resources Corp. Commences Summer Drill Program at the Ashram Rare Earth and Fluorspar Deposit

Commerce Resources Corp. Produces Additional Mixed REC Sample with 22.4% NdPr from the Ashram Deposit, Quebec

Less than half of directors are independent

Commerce Resources Corp. Intersects 2.07% Reo over 129.5 M At the Ashram Ree/ Fluorspar Deposit, Quebec

Commerce Resources Corp. Announces Assay Results Received from Three Additional Holes Completed At the Ashram Rare Earth and Fluorspar Deposit

Commerce Resources Intersects 2.09% Reo over 110.4 M At the Ashram Deposit, Quebec

Commerce Resources Corp. Announces Assay Results Received for the First Four (4) Holes Completed At the Ashram Rare Earth and Fluorspar Deposit

Commerce Resources Corp. announced that it expects to receive CAD 2.996 million in funding

Commerce Resources Corp. Achieves 98% Ndpr Recoveries into Solution from Sulphation Crack of Its High-Grade Concentrates

Commerce Resources Corp. Provide an Update on Its Upcoming Summer Diamond Drill Program At the Ashram Rare Earth and Fluorspar Deposit, Located in Northern Quebec

Commerce Resources Corp. Provides Update on Mixed Rare Earth Carbonate Metallurgical Program for Ashram Deposit

Commerce Resources Corp. announced that it has received CAD 2.586097 million in funding

Commerce Resources Corp. Delivers High-Grade 44.3% REO Monazite Concentrate to Third-Party Processor

New 90-day high: €0.32

Commerce Resources Corp. Announces Plans for Summer Drill Program At the Ashram Rare Earth and Fluorspar Deposit

New 90-day high: €0.25

Commerce Resources Corp. Announces Results from XRF Ore Sorting Test Program, Ashram Deposit, Quebec

New 90-day high: €0.21

Commerce Resources Corp. Announces the Delivery of Acid-Spar Sample

Commerce Resources Corp. announced that it expects to receive CAD 2.5 million in funding

Commerce Resources Corp. Produces Additional Samples of Acid-grade Fluorspar Concentrate from the Ashram Rare Earth and Fluorspar Deposit

Commerce Resources Corp. announced that it expects to receive CAD 2 million in funding

Commerce Resources Corp. Announces Test Project with MineSense through its Collaboration with CanmetMINING for the Ashram Deposit, Quebec

Commerce Resources Corp. Advances Impurity Suppression for Fluorspar Concentrate from the Ashram Deposit, Quebec

New 90-day high: €0.21

New 90-day high: €0.21

New 90-day high - €0.20

Commerce Resources Corp. announced that it has received CAD 1.203649 million in funding from Zimtu Capital Corp.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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