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Company price
0.4 CAD -0.04 ( 9.09%)
Last update at 2026-11-05T18:33:00Z
VOLUME
111787
Market Cap
18.12M

Momentum Score

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EDM Resources Inc. engages in the exploration and evaluation of mineral properties. The company explores for zinc, lead, and gypsum deposits. It owns 100% interest in the Scotia Mine and various other mineral resource prospects in Nova Scotia, Canada. The company was formerly known as ScoZinc Mining Ltd. and changed its name to EDM Resources Inc. in January 2022. EDM Resources Inc. was incorporated in 2004 and is headquartered in Halifax, Canada.

Source: TradingView
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Day Price Range
0.39
Low
0.43
High
52 Week Price Range
0.06
Low
0.39
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on EDM Resources Inc (TSX Venture: EDM) is limited; it appears to be a junior mineral exploration company listed on the TSX Venture Exchange. Long-term growth drivers may include successful exploration results, favorable commodity prices, and strategic partnerships or financing that could support project advancement, giving investors leverage to potential resource discovery.
Key investment risks include high exploration and development uncertainty, likely negative cash flow and financing-related dilution, exposure to commodity price swings, regulatory and permitting hurdles, and low trading liquidity on the venture market.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.44
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
-0.01M
Debt / Equity
-
ROE
-16.16%
Net Debt
0.05M
ROCE
-8.75%
Diluted EPS TTM
-0.03

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -1.92M -2.35M -1.93M -1.35M -7.46M
Net income -1.92M -2.35M -1.93M -1.35M -7.46M
Selling general administrative 1.77M 1.95M 1.60M 1.61M 1.47M
Gross profit -0.01M -0.01M -0.02M -0.00M -0.08M
Reconciled depreciation 0.01M 0.01M 0.02M 0.00M 0.08M
Ebit - - -1.67M -1.32M -7.78M
Ebitda - - -1.67M -1.64M -1.47M
Operating income -2.27M -2.44M -1.73M -1.64M -1.55M
Other operating expenses - - 0.11M 0.07M 0.16M
Interest expense - 0.00M 0.23M 0.00M 0.00M
Interest income 0.35M 0.05M 0.04M 0.04M 0.04M
Net interest income 0.35M 0.05M -0.20M 0.04M 0.04M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 2.27M 2.44M 1.73M 1.64M 1.55M
Cost of revenue 0.01M 0.01M 0.02M 0.00M 0.08M
Total other income expense net - 0.04M - 0.25M -5.95M
Net income from continuing ops -1.92M -2.35M -1.93M -1.35M -7.46M
Net income applicable to common shares - - - -1.35M -7.46M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 26.98M 24.98M 23.78M 19.76M 12.79M
Total liab 15.62M 14.75M 13.59M 8.92M 2.99M
Total stockholder equity 11.36M 10.23M 10.19M 10.83M 9.79M
Other current liab - - 0.17M - -
Common stock - - 87.83M 86.31M 83.79M
Capital stock 91.02M 89.09M 87.83M 86.31M 83.79M
Retained earnings -83.42M -81.50M -79.15M -77.22M -75.87M
Other liab - - 12.90M 8.70M 7.01M
Other assets - - 3.17M 3.13M 3.20M
Cash 0.49M 0.01M 0.33M 1.13M 0.24M
Total current liabilities 1.00M 0.59M 0.63M 0.17M 0.35M
Net debt - 0.05M - - -
Short long term debt - 0.06M - - -
Other stockholder equity - - - 0.81M 1.03M
Property plant equipment - - 19.83M 15.36M 13.69M
Total current assets 0.84M 0.22M 0.79M 1.26M 0.30M
Net tangible assets - - 10.19M 10.83M 9.79M
Net receivables - - 0.45M 0.09M 0.03M
Long term debt - - 0.06M 0.06M 0.04M
Accounts payable 0.81M 0.11M 0.46M 0.06M 0.13M
Non currrent assets other 3.54M 3.21M 3.17M 3.13M 3.20M
Non current assets total 26.14M 24.76M 23.00M 18.50M 12.48M
Capital lease obligations - - - 0.00M 0.00M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -1.06M -0.89M -0.39M -0.02M -0.41M
Change to liabilities - - 0.11M -0.15M 0.12M
Total cashflows from investing activities - - - -0.02M -0.41M
Net borrowings -0.04M 0.00M - 0.27M 0.03M
Total cash from financing activities 2.98M 1.94M 0.99M 2.25M 1.29M
Change to operating activities - - - -0.03M 0.04M
Net income -1.92M -2.35M -1.93M -1.35M -7.46M
Change in cash 0.48M -0.32M -0.80M 0.89M -0.28M
Begin period cash flow 0.01M 0.33M 1.13M 0.24M 0.52M
End period cash flow 0.49M 0.01M 0.33M 1.13M 0.24M
Total cash from operating activities -1.44M -1.37M -1.40M -1.34M -1.15M
Issuance of capital stock 3.02M 1.94M 0.99M 1.98M 1.15M
Depreciation 0.01M 0.01M 0.02M 0.03M 6.35M
Change to account receivables - - -0.33M -0.06M 0.03M
Other cashflows from financing activities - - - -0.03M 0.11M
Change to netincome - - 0.50M 0.23M -0.22M
Capital expenditures 1.06M 0.89M 0.39M 0.02M 0.60M
Change in working capital 0.24M 0.14M -0.10M -0.25M 0.18M
Stock based compensation 0.13M 0.47M 0.30M 0.16M 0.13M
Other non cash items 0.10M 0.36M 0.31M 0.10M -0.16M
Free cash flow -2.51M -2.26M -1.79M -1.36M -1.75M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
EDM
EDM Resources Inc
-0.04
9.09%
0.40 - 5.00 - 1.75 -4.31
SGML
Sigma Lithium Resources Corp
-0.42
5.30%
7.51 - 23.09 29.72 42.12 32.66
AFM
Alphamin Res
-0.10
7.87%
1.17 8.44 9.43 2.78 3.33 3.85
SLI
Standard Lithium Ltd
-0.13
6.34%
1.92 - - 79.52 2.40 5.29
FWZ
Fireweed Zinc Ltd
0.03
1.25%
2.43 - 1250.00 - 26.07 -7.01

Profile*

EDM Resources Inc

EDM Resources Inc. engages in the exploration and evaluation of mineral properties. The company explores for zinc, lead, and gypsum deposits. It owns 100% interest in the Scotia Mine and various other mineral resource prospects in Nova Scotia, Canada. The company was formerly known as ScoZinc Mining Ltd. and changed its name to EDM Resources Inc. in January 2022. EDM Resources Inc. was incorporated in 2004 and is headquartered in Halifax, Canada.

Purdy's Wharf, Tower 1, Halifax, NS, Canada, B3J 3N2

902 482 4481

Name Title Year Born
Mr. Mark Stephen Richard Haywood LLB Pres, CEO & Director 1967
Mr. Christopher J. Hopkins C.A., CPA, CA, CPA, M.B.A., MBA Interim CFO & Director 1963
Mr. Simion Candrea VP of Investor Relations NA
Mr. Mark Stephen Richard Haywood LLB President, CEO & Director 1967
Mr. Kevin Farrell Interim Chief Financial Officer NA
Mr. Arnab Kumar De A.C.M.A., C.M.A., C.P.A., CGMA, M.B.A. Chief Financial Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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