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Home CompaniesPrimary Hydrogen Corp.

Primary Hydrogen Corp.

Basic Materials Other Industrial Metals & Mining
PortfolioPortfolio WatchlistWatchlist
Company price
0.86 CAD 0.01 ( 1.18%)
Last update at 2026-11-05T14:37:00Z
VOLUME
1000
Market Cap
5.66M

Momentum Score

…

Primary Hydrogen Corp. engages in the acquisition, exploration, and development of natural hydrogen properties in Canada. The company was formerly known as Millbank Mining Corp. and changed its name to Primary Hydrogen Corp. in November 2024. Primary Hydrogen Corp. was incorporated in 2020 and is based in Calgary, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.86
Low
0.86
High
52 Week Price Range
0.68
Low
6.60
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 for Primary Hydrogen Corp. (HDRO.V) is limited and the company provides few detailed disclosures. The name indicates a hydrogen focus; potential long-term growth drivers include decarbonization, industrial demand for low‑carbon fuels, and supportive policies that may benefit early-stage developers and investors seeking sector exposure.

Principal risks include lack of operating history, substantial capital and financing needs, project execution and technology risk, and dependence on policy and market adoption of hydrogen.

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
0.85
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
-0.09M
Debt / Equity
-
ROE
-136.59%
Net Debt
-
ROCE
-141.24%
Diluted EPS TTM
-10.10

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-11-30 2024-11-30 2023-11-30 2022-11-30 2021-11-30
Type yearly yearly yearly yearly yearly
Date 2025-11-30 2024-11-30 2023-11-30 2022-11-30 2021-11-30
Income before tax -4.14M -1.00M -0.10M -0.24M -0.24M
Net income -4.14M -1.00M -0.10M -0.24M -0.24M
Selling general administrative 3.88M 0.66M 0.08M 0.21M 0.20M
Operating income -4.05M -0.80M -0.10M -0.24M -0.24M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 4.05M 0.80M 0.10M 0.24M 0.24M
Total other income expense net -0.09M -0.20M - - -
Net income from continuing ops -4.14M -1.00M -0.10M -0.24M -0.24M
Breakdown 2025-11-30 2024-11-30 2023-11-30 2022-11-30 2021-11-30
Type yearly yearly yearly yearly yearly
Date 2025-11-30 2024-11-30 2023-11-30 2022-11-30 2021-11-30
Total assets 3.26M 3.37M 0.32M 0.42M 0.55M
Total liab 0.39M 0.18M 0.02M 0.02M 0.02M
Total stockholder equity 2.87M 3.19M 0.30M 0.40M 0.53M
Other current liab 0.19M - - - -
Capital stock 7.62M 4.30M 0.80M 0.80M 0.80M
Retained earnings -5.74M -1.60M -0.60M -0.50M -0.27M
Cash 1.69M 3.05M 0.11M 0.19M 0.40M
Total current liabilities 0.39M 0.18M 0.02M 0.02M 0.02M
Total current assets 1.89M 3.18M 0.12M 0.22M 0.41M
Accounts payable 0.16M 0.15M - - -
Non current assets total 1.37M 0.19M 0.20M 0.20M 0.14M
Breakdown 2025-11-30 2024-11-30 2023-11-30 2022-11-30 2021-11-30
Type yearly yearly yearly yearly yearly
Date 2025-11-30 2024-11-30 2023-11-30 2022-11-30 2021-11-30
Total cash from financing activities 3.36M 3.47M 0.00M 0.00M 0.43M
Net income -4.14M -1.00M -0.10M -0.24M -0.24M
Change in cash -1.36M 2.95M -0.09M -0.21M 0.08M
Begin period cash flow 3.05M 0.11M 0.19M 0.40M 0.32M
End period cash flow 1.69M 3.05M 0.11M 0.19M 0.40M
Total cash from operating activities -3.81M -0.42M -0.09M -0.15M -0.27M
Issuance of capital stock 2.48M 3.45M 0.00M 0.00M 0.43M
Capital expenditures 0.91M 0.09M 0.00M 0.06M 0.08M
Change in working capital -0.10M 0.04M 0.01M -0.01M -0.03M
Stock based compensation 0.35M 0.34M 0.00M 0.10M 0.00M
Other non cash items -0.01M - - - -
Free cash flow -4.72M -0.52M -0.09M -0.21M -0.35M

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)
HDRO
Primary Hydrogen Corp.		 0.01
1.18%		 0.86 - - - 1.97 -4.69
SGML
Sigma Lithium Resources Corp		 0.02
0.25%		 7.95 - 23.09 29.72 42.12 32.66
AFM
Alphamin Res		 -0.01
0.79%		 1.26 8.44 9.43 2.78 3.33 3.85
SLI
Standard Lithium Ltd		 -0.03
1.46%		 2.02 - - 79.52 2.40 5.29
FWZ
Fireweed Zinc Ltd		 0.03
1.25%		 2.43 - 1250.00 - 26.07 -7.01

Profile*

Primary Hydrogen Corp.

Primary Hydrogen Corp. engages in the acquisition, exploration, and development of natural hydrogen properties in Canada. The company was formerly known as Millbank Mining Corp. and changed its name to Primary Hydrogen Corp. in November 2024. Primary Hydrogen Corp. was incorporated in 2020 and is based in Calgary, Canada.

540-5th Avenue SW, Calgary, AB, Canada, T2P 0M2

https://primaryh2.com

Name Title Year Born
Mr. Benjamin Asuncion CEO & Director 1982
Ms. Jelena Veljovic Chief Financial Officer NA
Mr. Peter Lauder P.Geo. Vice President of Exploration 1966

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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Top Stocks by Market Cap*

No data available
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Equity Sectors*

  • Basic Materials

    +0.02%

  • Communication Services

    +1.01%

  • Consumer Cyclical

    -1.14%

  • Consumer Defensive

    -0.06%

  • Energy

    -0.86%

  • Financial Services

    -0.32%

  • Healthcare

    -0.69%

  • Industrials

    -1.25%

  • Real Estate

    +0.16%

  • Technology

    -1.66%

  • Utilities

    -0.04%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

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