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Home CompaniesRoute 109 Resources Inc.

Route 109 Resources Inc.

Basic Materials Gold
PortfolioPortfolio WatchlistWatchlist
Company price
0.06 CAD 0.00(0%)
Last update at 2026-11-04T15:53:00Z
VOLUME
1000
Market Cap
2.35M

Momentum Score

…

Route 109 Resources Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of gold and base metal properties in Canada. It holds 100% interests in the King Tut property that includes 120 contiguous claims covering an area of 5,333 hectares located in the Ligneris and Celoron townships, Province of Quebec; and the Dunlop Bay property, which comprises 76 mineral claims covering an area of 4,226 hectares situated near Matagami, Province of Quebec. The company was formerly known as BMEX Gold Inc. and changed its name to Route 109 Resources Inc. in October 2024. The company was incorporated in 2017 and is based in Vancouver, 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
0.06
Low
0.06
High
52 Week Price Range
0.06
Low
0.18
High

Momentum Score

…
Loading momentum score…

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 Route 109 Resources Inc. is limited; the company is listed on the TSX Venture Exchange and appears to focus on mineral exploration. Long-term growth drivers likely include successful exploration results, permitting and project development, and access to capital or strategic partners, which may benefit investors seeking exploration upside.

Key investment risks include early-stage exploration uncertainty, lack of operating revenue, ongoing financing needs and dilution, and sensitivity to commodity prices and permitting or regulatory setbacks.

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
0.06
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-1.30%
Net Debt
0.01M
ROCE
-1.39%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-08-31 2024-08-31 2023-08-31 2022-08-31
Type yearly yearly yearly yearly
Date 2025-08-31 2024-08-31 2023-08-31 2022-08-31
Income before tax -0.24M -0.28M -0.11M -0.41M
Net income -0.24M -0.28M -0.11M -0.41M
Selling general administrative 0.06M 0.17M 0.33M 0.68M
Gross profit 0.00M -0.00M -0.00M -0.00M
Reconciled depreciation 0.00M 0.00M 0.00M 0.00M
Operating income -0.21M -0.39M -0.55M -0.87M
Interest expense 0.03M 0.01M 0.00M -
Net interest income -0.03M -0.01M 0.00M -
Total revenue 0.00M 0.00M 0.00M 0.00M
Total operating expenses 0.21M 0.39M 0.55M 0.87M
Cost of revenue 0.00M 0.00M 0.00M 0.00M
Total other income expense net - 0.11M 0.43M 0.46M
Net income from continuing ops -0.24M -0.28M -0.11M -0.41M
Breakdown 2025-08-31 2024-08-31 2023-08-31 2022-08-31
Type yearly yearly yearly yearly
Date 2025-08-31 2024-08-31 2023-08-31 2022-08-31
Total assets 15.64M 15.76M 14.91M 14.20M
Total liab 0.49M 0.37M 0.62M 0.59M
Total stockholder equity 15.15M 15.39M 14.29M 13.61M
Other current liab - - 0.05M 0.32M
Capital stock 18.51M 18.43M 16.96M 16.45M
Retained earnings -5.10M -4.87M -4.58M -4.47M
Cash 0.18M 1.24M 0.58M 1.42M
Total current liabilities 0.49M 0.20M 0.62M 0.59M
Net debt 0.01M - - -
Short long term debt 0.19M - - -
Total current assets 0.20M 1.25M 0.70M 1.45M
Long term debt - 0.17M - -
Accounts payable 0.26M 0.18M - -
Non current assets total 15.44M 14.51M 14.21M 12.75M
Breakdown 2025-08-31 2024-08-31 2023-08-31 2022-08-31
Type yearly yearly yearly yearly
Date 2025-08-31 2024-08-31 2023-08-31 2022-08-31
Net borrowings -0.00M 0.00M - -
Total cash from financing activities -0.00M 1.31M 0.75M 0.26M
Net income -0.24M -0.28M -0.11M -0.41M
Change in cash -1.06M 0.66M -0.84M -1.34M
Begin period cash flow 1.24M 0.58M 1.42M 2.76M
End period cash flow 0.18M 1.24M 0.58M 1.42M
Total cash from operating activities -0.27M -0.05M -0.43M -0.40M
Issuance of capital stock 0.00M 1.38M 0.80M 0.26M
Depreciation 0.00M 0.00M 0.00M 0.00M
Capital expenditures 0.78M 0.61M 1.30M 1.19M
Change in working capital -0.06M 0.30M -0.07M 0.30M
Stock based compensation - 0.00M 0.05M 0.05M
Other non cash items 0.03M -0.07M -0.30M -0.34M
Free cash flow -1.05M -0.66M -1.73M -1.60M

Peer Comparison*

Sector: Basic Materials Industry: Gold

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)
RTE
Route 109 Resources Inc.		 -
-%		 0.06 - - - 0.14 -3.42
OMG
Omai Gold Mines Corp		 0.18
12.08%		 1.67 - - - 62.63 -4.09
ASE
Asante Gold Corporation		 0.07
12.07%		 0.65 - 6.57 2.23 269.42 49.52
THX
Thor Explorations Ltd.		 0.06
6.98%		 0.92 3.41 2.77 2.87 1.88 2.44
MKO
Mako Mining Corp		 0.80
7.86%		 10.98 18.47 2.34 6.21 4.73 10.00

Profile*

Route 109 Resources Inc.

Route 109 Resources Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of gold and base metal properties in Canada. It holds 100% interests in the King Tut property that includes 120 contiguous claims covering an area of 5,333 hectares located in the Ligneris and Celoron townships, Province of Quebec; and the Dunlop Bay property, which comprises 76 mineral claims covering an area of 4,226 hectares situated near Matagami, Province of Quebec. The company was formerly known as BMEX Gold Inc. and changed its name to Route 109 Resources Inc. in October 2024. The company was incorporated in 2017 and is based in Vancouver, Canada.

1185, W. Georgia Street, Vancouver, BC, Canada, V6E 4E6

https://route109resources.com

Name Title Year Born
Mr. Robert Pryde President & Director NA
Ms. Mickey Goldstein Chief Financial Officer NA
Mr. Martin Demers P. Geol., P.Geo. Vice President of Exploration NA
Mr. Christopher James Wild P.Eng., P.Geo Chief Geologist 1961

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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