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Company price
0.075 CAD 0.00(0%)
Last update at 2026-11-04T14:30:00Z
Market Cap
10.49M

Momentum Score

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Grit Metals Corp. operates as a junior mining exploration company. It primarily focuses on the Lithium-Cesium-Tantalum Finnish Pegmatite Project located in central Finland. The company was formerly known as European Energy Metals Corp. and changed its name to Grit Metals Corp. in October 2024. The company was incorporated in 2021 and is based in Vancouver, Canada. Grit Metals Corp. is a subsidiary of Nexus Uranium Corp.

Source: TradingView
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Day Price Range
0.07
Low
0.07
High
52 Week Price Range
0.07
Low
0.22
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

Grit Metals Corp is a TSX Venture–listed (FIN.V) mineral exploration and development company that appears focused on identifying and advancing precious and base metal deposits. Long-term growth drivers may include commodity price trends, successful drilling and resource definition, permitting progress and project financing. Investors may find the company attractive for leveraged exposure to metal prices and potential value creation if exploration converts to defined resources.

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
0.07
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-
Net Debt
-
ROCE
-41.24%
Diluted EPS TTM
-0.03

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-05-31 2023-05-31 2022-05-31
Type yearly yearly yearly
Date 2024-05-31 2023-05-31 2022-05-31
Income before tax -2.21M -0.59M -0.43M
Net income -2.21M -0.59M -0.43M
Selling general administrative 0.71M 0.32M 0.30M
Operating income -1.87M -0.59M -0.43M
Interest income 0.00M - -
Net interest income 0.00M - -
Total revenue 0.00M 0.00M 0.00M
Total operating expenses 1.87M 0.59M 0.43M
Total other income expense net -0.34M - -
Net income from continuing ops -2.21M -0.59M -0.43M
Breakdown 2024-05-31 2023-05-31 2022-05-31 2021-05-31
Type yearly yearly yearly yearly
Date 2024-05-31 2023-05-31 2022-05-31 2021-05-31
Total assets 4.78M 1.51M 0.82M 0.00M
Total liab 0.24M 0.16M 0.08M 0.00M
Total stockholder equity 4.54M 1.35M 0.74M 0.00M
Capital stock 6.75M 1.73M 0.86M 0.00M
Retained earnings -3.24M -1.03M -0.43M 0.00M
Cash 1.74M 0.89M 0.58M 0.00M
Total current liabilities 0.24M 0.16M 0.08M 0.00M
Total current assets 1.82M 1.05M 0.58M 0.00M
Net receivables 0.04M 0.02M 0.00M 0.00M
Non current assets total 2.96M 0.46M 0.24M 0.00M
Breakdown 2024-05-31 2023-05-31 2022-05-31
Type yearly yearly yearly
Date 2024-05-31 2023-05-31 2022-05-31
Investments - -0.17M 0.00M
Total cash from financing activities 4.06M 1.07M 0.86M
Net income -2.21M -0.59M -0.43M
Change in cash 0.85M 0.32M 0.58M
Begin period cash flow 0.89M 0.58M 0.00M
End period cash flow 1.74M 0.89M 0.58M
Total cash from operating activities -1.28M -0.58M -0.28M
Issuance of capital stock 4.33M 1.07M 0.86M
Capital expenditures 1.93M 0.17M 0.00M
Change in working capital 0.13M -0.07M 0.08M
Stock based compensation 0.49M 0.09M 0.07M
Free cash flow -1.59M -0.58M -0.28M

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)
FIN
Grit Metals Corp
-
-%
0.07 - - - 2.14 -3.14
SGML
Sigma Lithium Resources Corp
-0.42
5.30%
7.51 - 23.09 29.72 42.12 32.66
AFM
Alphamin Res
-0.08
6.30%
1.19 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*

Grit Metals Corp

Grit Metals Corp. operates as a junior mining exploration company. It primarily focuses on the Lithium-Cesium-Tantalum Finnish Pegmatite Project located in central Finland. The company was formerly known as European Energy Metals Corp. and changed its name to Grit Metals Corp. in October 2024. The company was incorporated in 2021 and is based in Vancouver, Canada. Grit Metals Corp. is a subsidiary of Nexus Uranium Corp.

905 West Pender, Vancouver, BC, Canada, V6C 1L6

604 722 9842

Name Title Year Born
Mr. Gino DeMichele Exec. Chairman 1970
Mr. Jeremy Poirier CEO & Director 1986
Ms. Julia Stone Chief Financial Officer NA
Ms. Yulia McCutcheon Corp. Sec. NA
Mr. Gino DeMichele Executive Chairman 1970
Mr. Joel Leonard C.A., CPA CFO & Corporate Secretary 1986
Mr. Michael Basha P. Eng., P.Geo. Vice President of Exploration 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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