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Metalore Resources Ltd

Company price
2.4 CAD 0.00(0%)
Last update at 2026-11-03T14:30:00Z
Market Cap
4.97M
P/E
4.06

Momentum Score

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Metalore Resources Limited, a junior resource company, engages in the natural gas production and gold exploration in Canada. The company owns and controls approximately 40,000 acres of petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. It also distributes natural gas to commercial and residential customers through pipelines. In addition, the company explores for gold, zinc, copper, lithium, PGE's, and diamonds in Northwestern Ontario. The company was formerly known as New Metalore Mining Company Limited and changed its name to Metalore Resources Limited in 1976. Metalore Resources Limited was incorporated in 1943 and is headquartered in Simcoe, Canada.

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Day Price Range
2.40
Low
2.40
High
52 Week Price Range
2.20
Low
2.94
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

Metalore Resources Ltd is a TSX Venture–listed junior mineral exploration company focused on defining and advancing exploration targets on its properties. Its long-term growth drivers may include positive exploration results, supportive commodity prices and the ability to raise capital and progress permitting and development milestones, which could support discovery-led value creation. Investors may find exposure to resource upside and leverage to commodity cycles.

Key risks are high exploration and development uncertainty, frequent need for external financing and dilution, commodity price volatility and operational or permitting setbacks common to junior miners.

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
2.40
Dividend Yield
-
Revenue TTM
0.66M
Revenue Per Share
0.37
Gross Profit TTM
0.25M
Debt / Equity
-
ROE
18.07%
Net Debt
-0.44M
ROCE
-2.94%
Diluted EPS TTM
0.69

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Income before tax 1.19M -0.91M -2.49M 2.38M 0.70M
Net income 1.09M -0.86M -1.76M 1.75M 0.66M
Selling general administrative 0.15M 0.15M 0.15M 0.12M 0.16M
Gross profit -0.06M -0.22M 0.27M 0.28M -0.06M
Reconciled depreciation 0.12M 0.23M 0.32M 0.12M 0.32M
Ebit - -0.36M 0.04M 0.07M -0.31M
Ebitda - -0.10M 0.43M 0.22M 0.01M
Depreciation and amortization - 0.27M 0.39M 0.15M 0.32M
Operating income -0.24M -0.36M 0.04M 0.13M -0.23M
Other operating expenses - 0.77M 0.96M 0.71M 0.96M
Interest expense - 0.04M 0.07M 0.03M 0.01M
Tax provision 0.10M -0.05M -0.73M 0.63M 0.04M
Net interest income - -0.04M -0.07M -0.03M -0.01M
Income tax expense - -0.05M -0.73M 0.63M 0.04M
Total revenue 0.46M 0.40M 1.07M 0.82M 0.66M
Total operating expenses 0.69M 0.15M 0.16M 0.18M 0.24M
Cost of revenue 0.52M 0.62M 0.80M 0.53M 0.72M
Total other income expense net 1.43M -0.55M -2.53M 2.31M 1.00M
Net income from continuing ops 1.09M -0.86M -1.76M 1.75M 0.66M
Net income applicable to common shares - - - 1.75M 0.66M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 8.37M 7.66M 9.39M 11.54M 9.15M
Other current assets - 0.05M - - 3.00M
Total liab 1.01M 1.39M 2.20M 2.52M 1.89M
Total stockholder equity 7.36M 6.27M 7.19M 9.01M 7.26M
Other current liab - - - 0.01M -
Common stock - 2.47M - 2.47M 2.47M
Capital stock 2.47M 2.47M 2.47M 2.47M 2.47M
Retained earnings 4.69M 3.59M 4.68M 6.42M 4.71M
Other liab - - - 2.45M 1.79M
Cash 0.55M 0.44M 0.48M 1.43M 0.56M
Total current liabilities 0.26M 0.07M 0.14M 0.08M 0.10M
Net debt - -0.44M - - -
Other stockholder equity - 0.15M - -0.02M -0.07M
Property plant equipment - - - 6.70M 4.38M
Total current assets 6.02M 5.20M 5.25M 4.84M 4.77M
Net tangible assets - - - 9.01M 7.26M
Short term investments 4.57M 4.64M 4.65M 3.24M 4.08M
Net receivables 0.84M 0.03M 0.04M 0.11M 0.06M
Inventory 0.03M 0.03M 0.03M 0.03M 0.02M
Accounts payable 0.16M 0.07M 0.07M 0.07M 0.10M
Accumulated other comprehensive income - 0.05M - - -
Non currrent assets other - 0.00M - - -
Non current assets total 2.35M 2.46M 4.14M 6.70M 4.38M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Investments 0.05M -0.12M -1.53M 0.85M -3.00M
Change to liabilities - - - -0.04M 0.06M
Total cashflows from investing activities - - - 0.70M -3.13M
Change to operating activities - - - -0.00M -0.00M
Net income 1.09M -0.86M -1.76M 1.75M 0.66M
Change in cash 0.10M -0.04M -0.94M 0.87M 2.98M
Begin period cash flow 0.44M 0.48M 1.43M 0.56M 0.58M
End period cash flow 0.55M 0.44M 0.48M 1.43M 3.56M
Total cash from operating activities 0.11M 0.09M 0.59M 0.16M 3.11M
Depreciation 0.00M 0.27M 0.39M 0.15M 0.32M
Other cashflows from investing activities - - - - -0.03M
Change to inventory 0.01M 0.00M -0.01M -0.01M -0.00M
Change to account receivables -0.80M 0.01M 0.06M -0.04M -0.02M
Other cashflows from financing activities - -0.12M -1.53M 0.70M -0.13M
Change to netincome - - - 0.62M -1.16M
Capital expenditures 0.06M 0.07M 0.05M 0.15M 0.10M
Change in working capital -0.58M -0.07M 0.12M -0.08M 0.04M
Stock based compensation - - -0.39M -0.15M -0.32M
Other non cash items 0.03M 1.33M 3.04M -2.13M 2.38M
Free cash flow 0.05M 0.02M 0.54M 0.01M 3.01M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
MET
Metalore Resources Ltd
-
-%
2.40 4.06 12.66 7.57 0.67 0.10 -0.15
LGN
Logan Energy Corp
-
-%
1.49 15.00 14.99 3.80 1.96 3.98 5.87
RECO
Reconnaissance Energy Africa Ltd
-
-%
0.52 - - 10.07 2.29 11.64 -7.57
CEI
Benchmark Metals Inc
-0.02
2.90%
0.67 - 27.03 23.27 2.66 20.42 1369.65
EOG
Eco Atlantic Oil & Gas Ltd
-0.05
6.41%
0.73 - 1.05 145.60 16.68 158.20 -25.23

Profile*

Metalore Resources Ltd

Metalore Resources Limited, a junior resource company, engages in the natural gas production and gold exploration in Canada. The company owns and controls approximately 40,000 acres of petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. It also distributes natural gas to commercial and residential customers through pipelines. In addition, the company explores for gold, zinc, copper, lithium, PGE's, and diamonds in Northwestern Ontario. The company was formerly known as New Metalore Mining Company Limited and changed its name to Metalore Resources Limited in 1976. Metalore Resources Limited was incorporated in 1943 and is headquartered in Simcoe, Canada.

124 Norfolk Street North, Simcoe, ON, Canada, N3Y 3N8

519 428 2464

Name Title Year Born
Mr. Armen A. Chilian P.Geo. Pres, CEO, MD, Corp. Sec. & Director NA
Mr. Donald W. Bryson CFO & Director NA
Carl Chilian BA Sales & Marketing Mang. NA
Mr. Armen A. Chilian P.Geo. President, CEO, MD, Corporate Secretary & Director NA
Carl Chilian BA Sales & Marketing Manager NA
Carl Chilian B.A., BA Sales & Marketing Manager NA
Ms. Ashley E. Nadon B.A., CPA, M.B.A. CFO & Director NA
Carl Chilian B.A. Sales & Marketing Manager 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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