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Company price
0.175 CAD 0.01 ( 2.94%)
Last update at 2026-11-04T20:15:00Z
VOLUME
6126
Market Cap
18.04M

Momentum Score

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Max Resource Corp. engages in the acquisition and exploration of mineral properties in South America and Canada. It primarily explores for silver, copper, and iron deposits. The company holds 100% interest in the Cesar Copper-Silver project which consist of 20 mining concessions located in the northeastern Colombia; and Sierra Azul Copper-Silver project located in Colombia. It also holds a 100% interest in the Florália Hematite Iron Ore Project located near the east the city Belo Horizonte, Brazil. The company was formerly known as Vancan Capital Corp. and changed its name to Max Resource Corp. in May 2004. Max Resource Corp. was incorporated in 1994 and is based in Vancouver, Canada.

Source: TradingView
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Day Price Range
0.17
Low
0.17
High
52 Week Price Range
0.16
Low
0.60
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

Max Resource Corp is a mineral exploration company listed on the TSX Venture Exchange focused on developing precious and base metal assets. Long-term growth may be driven by successful resource definition, strategic partnerships or joint ventures, and favorable commodity prices that could support project advancement and provide investors leverage to potential discoveries.
Principal risks include the early-stage nature of exploration with uncertain resource outcomes, the need for ongoing financing, and permitting or jurisdictional risks that could delay or prevent project development.

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
0.17
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
-0.05M
Debt / Equity
-
ROE
-20.82%
Net Debt
-
ROCE
-36.91%
Diluted EPS TTM
-0.04

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 -5.67M -7.58M -5.65M -5.08M -5.21M
Net income -5.67M -7.58M -5.65M -5.08M -5.21M
Selling general administrative 3.92M 1.96M 5.40M 3.29M 2.99M
Gross profit -0.13M -0.12M -0.05M -0.02M -0.01M
Reconciled depreciation 0.13M 0.12M 0.05M 0.02M 0.01M
Ebit - - - - -5.27M
Ebitda - - -5.48M -5.01M -5.17M
Operating income -5.87M -3.95M -5.53M -5.03M -4.61M
Interest expense 0.00M 0.04M - - 0.03M
Interest income 0.15M 0.46M 0.29M 0.01M 0.00M
Net interest income 0.15M 0.42M 0.29M 0.01M -0.03M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 5.87M 3.95M 5.53M 5.03M 4.61M
Cost of revenue 0.13M 0.12M 0.05M 0.02M 0.01M
Total other income expense net 0.04M -4.05M -0.42M -0.05M -0.57M
Net income from continuing ops -5.67M -7.58M -5.65M -5.08M -5.21M
Net income applicable to common shares - - - - -5.21M
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 19.86M 18.75M 25.57M 3.23M 5.97M
Total liab 4.02M 1.28M 1.92M 0.49M 0.73M
Total stockholder equity 15.84M 17.48M 23.65M 2.74M 5.24M
Common stock - - - - 31.81M
Capital stock 60.21M 58.97M 57.57M 33.90M 31.81M
Retained earnings -54.43M -48.75M -41.18M -35.52M -30.45M
Cash 2.03M 6.31M 15.49M 0.79M 4.70M
Total current liabilities 3.96M 1.28M 1.65M 0.49M 0.73M
Short long term debt - 0.03M 0.02M - -
Other stockholder equity - - - - 3.88M
Property plant equipment - - - - 0.87M
Total current assets 4.72M 6.56M 15.99M 1.00M 5.10M
Net tangible assets - - - - 5.24M
Net receivables 0.00M 0.00M 0.14M 0.00M 0.17M
Long term debt - - 0.27M - -
Accounts payable 2.11M 0.93M 1.41M 0.39M 0.69M
Non current assets total 15.14M 12.19M 9.58M 2.23M 0.87M
Capital lease obligations 0.09M 0.03M - - -
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 -1.57M -5.66M -6.54M -1.38M -1.25M
Change to liabilities - - - 0.00M 0.18M
Total cashflows from investing activities - - - - -1.25M
Net borrowings -0.08M -0.10M - - -
Total cash from financing activities 1.92M -0.10M 24.93M 1.91M 8.70M
Change to operating activities - - - 0.05M -0.23M
Net income -5.67M -7.58M -5.65M -5.08M -5.21M
Change in cash -2.27M -9.29M 14.81M -3.91M 4.01M
Begin period cash flow 6.31M 15.60M 0.79M 4.70M 0.69M
End period cash flow 4.04M 6.31M 15.60M 0.79M 4.70M
Total cash from operating activities -2.62M -3.52M -3.57M -4.44M -3.44M
Issuance of capital stock - 0.00M 25.41M 0.00M 7.45M
Depreciation 0.13M 0.12M 0.05M 0.02M 0.68M
Change to account receivables 0.00M 0.14M -0.13M -0.00M -
Other cashflows from financing activities - - - - -0.39M
Change to netincome - - - - 1.26M
Capital expenditures 0.42M 0.06M 0.29M 0.06M 1.25M
Change in working capital 0.87M 0.01M 0.11M -0.06M 0.08M
Stock based compensation 2.07M 0.00M 1.63M 0.67M 1.06M
Other non cash items 0.01M 0.05M - - -
Free cash flow -3.04M -3.59M -3.86M -4.50M -3.53M

Peer Comparison*

Sector: Basic Materials Industry: Other Precious 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)
MAX
Max Resource Corp
0.01
2.94%
0.17 - - - 1.22 -1.95
ARTG
Artemis Gold Inc
0.41
1.05%
39.46 26.36 15.55 9.89 8.93 15.40
MTA
Metalla Royalty & Streaming Ltd
-0.45
4.03%
10.73 - 36.10 72.68 2.54 399.21
ITR
Integra Resources Corp
-0.07
2.32%
2.95 - 5.51 3.41 3.44 15.52
GSKR
Goldsky Resources Corp.
-0.02
0.74%
2.69 - - - 4.47 -25.01

Profile*

Max Resource Corp

Max Resource Corp. engages in the acquisition and exploration of mineral properties in South America and Canada. It primarily explores for silver, copper, and iron deposits. The company holds 100% interest in the Cesar Copper-Silver project which consist of 20 mining concessions located in the northeastern Colombia; and Sierra Azul Copper-Silver project located in Colombia. It also holds a 100% interest in the Florália Hematite Iron Ore Project located near the east the city Belo Horizonte, Brazil. The company was formerly known as Vancan Capital Corp. and changed its name to Max Resource Corp. in May 2004. Max Resource Corp. was incorporated in 1994 and is based in Vancouver, Canada.

200 Burrard St., Vancouver, BC, Canada, V6E 1S4

604 484 1230

Name Title Year Born
Mr. Brett Robert Matich Pres, CEO & Director 1961
Mr. Alexander Helmel BSc, CISA Chief Financial Officer 1970
Mr. Piotr Lutynski M.Sc., P. Eng. Head Geologist & Member of Advisory Board NA
Mr. Brett Robert Matich President, CEO & Director 1961
Mr. Henrique De Sales Head of Florália Operations NA
Mr. Sergio Cocunubo Head Geologist NA
Mr. Sergio Cocunubo Head Geologist & Member of Advisory Board 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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