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Canadian North Resources Inc.

Basic Materials CA CNRI

1.03CAD
0.03(3.00%)

Last update at 2024-12-19T15:54:00Z

Day Range

0.991.03
LowHigh

52 Week Range

0.952.23
LowHigh

Fundamentals

  • Previous Close 1.00
  • Market Cap114.53M
  • Volume603
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-4.69081M
  • Revenue TTM0.09M
  • Revenue Per Share TTM0.001
  • Gross Profit TTM 0.09M
  • Diluted EPS TTM-0.06

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax -3.89468M -1.46952M -0.30420M -
Minority interest - - - -
Net income -3.89468M -1.44907M -0.30420M -
Selling general administrative 3.92M 1.44M 0.28M -
Selling and marketing expenses - - - -
Gross profit -0.06595M -0.02511M -0.02529M -
Reconciled depreciation 0.07M 0.03M 0.03M -
Ebit -3.89468M -1.46952M -0.30420M -0.08680M
Ebitda -3.92101M -1.44441M -0.27891M -
Depreciation and amortization - - - -
Non operating income net other - - - -
Operating income -3.98697M -1.46952M -0.30420M -
Other operating expenses - - - -
Interest expense - - - -
Tax provision - - - -
Interest income 0.09M - - -
Net interest income 0.09M - - -
Extraordinary items - - - -
Non recurring - - - -
Other items - - - -
Income tax expense - - - -
Total revenue 0.00000M 0.00000M 0.00000M -
Total operating expenses 3.99M 1.47M 0.30M -
Cost of revenue 0.07M 0.03M 0.03M -
Total other income expense net - - - -
Discontinued operations - - - -
Net income from continuing ops -3.89468M -1.46952M -0.30420M -
Net income applicable to common shares -3.89468M -1.44907M -0.30420M -0.08680M
Preferred stock and other adjustments - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 50.18M 34.64M 25.31M 4.25M -
Intangible assets - - - - -
Earning assets - - - - -
Other current assets - - - - -
Total liab 5.17M 3.51M 2.27M 1.66M -
Total stockholder equity 45.00M 31.13M 23.04M 2.59M -
Deferred long term liab - - - - -
Other current liab - 3.08M 2.22M 1.30M 2.89M
Common stock - 33.90M 25.50M 5.50M 0.10M
Capital stock 50.15M 33.90M 25.50M 5.50M -
Retained earnings -12.75731M -6.35682M -2.46214M -1.01307M -0.70887M
Other liab - - - - -
Good will - - - - -
Other assets - - - - -
Cash 5.54M 11.07M 19.03M 1.55M -
Cash and equivalents - - - - -
Total current liabilities 1.07M 3.51M 2.27M 1.66M 3.13M
Current deferred revenue - - - - -
Net debt - - - - -
Short term debt - - - - -
Short long term debt - - - - -
Short long term debt total - - - - -
Other stockholder equity - - - -1.90000M -
Property plant equipment - 22.32M 6.25M 2.64M 2.47M
Total current assets 6.29M 12.33M 19.06M 1.60M 0.05M
Long term investments - - - - -
Net tangible assets - 31.13M 23.04M 2.59M -0.60437M
Short term investments - - - - -
Net receivables - 1.24M - 0.05M 0.05M
Long term debt - - - - -
Inventory - - - - -
Accounts payable - 0.43M 0.05M 0.14M 0.04M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - 0.00000M - -
Deferred long term asset charges - - - - -
Non current assets total 43.88M 22.32M 6.25M 2.64M -
Capital lease obligations 1.92M - - - -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -15.38202M -3.63264M -0.19331M -
Change to liabilities 0.13M -0.30907M 0.12M 0.05M
Total cashflows from investing activities -15.38202M -3.63264M -0.19331M -0.14825M
Net borrowings - - - 0.07M
Total cash from financing activities 9.25M 22.82M 1.91M 0.17M
Change to operating activities -1.19259M 0.02M 0.02M 0.02M
Net income -3.89468M -1.44907M -0.30420M -0.08680M
Change in cash -7.95865M 17.47M 1.55M -0.00355M
Begin period cash flow 19.03M 1.55M 0.00312M -
End period cash flow 11.07M 19.03M 1.55M 0.00312M
Total cash from operating activities -1.82917M -1.71765M -0.16175M -0.02743M
Issuance of capital stock 9.84M 20.92M 1.30M -
Depreciation 0.07M 0.03M 0.03M 0.01M
Other cashflows from investing activities - - - -
Dividends paid - - - -
Change to inventory - - - -
Change to account receivables - - - -
Sale purchase of stock - - - -
Other cashflows from financing activities -0.58613M -0.58613M -0.58613M 0.10M
Change to netincome 3.06M 3.06M 3.06M 3.06M
Capital expenditures 15.38M 3.63M 0.19M 0.15M
Change receivables - - - -
Cash flows other operating - - - -
Exchange rate changes - - - -
Cash and cash equivalents changes - - - -
Change in working capital -1.06168M -0.29369M 0.12M -
Stock based compensation 3.06M - - -
Other non cash items - - - -
Free cash flow -17.21119M -5.35029M -0.35506M -

Peer Comparison

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to EBITDA (x)
CNRI
Canadian North Resources Inc.
0.03 3.00% 1.03 - - 1262.41 2.58 -54.4697
SGML
Sigma Lithium Resources Corp
- -% 15.74 117.60 12.59 6.64 11.00 7.33 37.02
AFM
Alphamin Res
-0.01 0.93% 1.07 15.50 9.43 3.68 3.24 2.67 5.64
SLI
Standard Lithium Ltd
0.11 5.79% 2.01 3.62 - - 1.61 2.70
ALDE
Aldebaran Resources Inc
-0.04 2.33% 1.68 - - - 2.67 -16.8764

Reports Covered

Stock Research & News

Profile

Canadian North Resources Inc. engages in the exploration and development of mineral properties in Canada. The company primarily explores for nickel, copper, cobalt, palladium, platinum, and rhodium deposits. Its flagship property is in the Ferguson Lake property comprising 10 contiguous mining leases covering an area of 9,686 hectares located in the Kivalliq Region of Nunavut, Canada. The company was formerly known as Canadian North Resources and Development Corp. and changed its name to Canadian North Resources Inc. in November 2020. Canadian North Resources Inc. was incorporated in 2013 and is headquartered in Mississauga, Canada.

Canadian North Resources Inc.

299 Courtneypark Drive East, Mississauga, ON, Canada, L5T 2T6

Key Executives

Name Title Year Born
Dr. Kaihui Yang Ph.D. Pres, CEO & Director 1964
Mr. Carmelo Marrelli ACIS, B.Comm., CA, CGA, CPA Chief Financial Officer 1971
Mr. Leung Yau Yu Treasurer NA
Mr. John Spiteri Sec. NA
Dr. Kaihui Yang Ph.D. President, CEO & Director 1964
Mr. Carmelo Marrelli ACIS, B.Comm., C.A., C.P.A., CGA, CPA Chief Financial Officer 1971
Mr. Yunfeng Ma Treasurer NA

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