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Company price
0.27 CAD 0.01 ( 3.85%)
Last update at 2026-11-04T18:32:00Z
VOLUME
22503
Market Cap
27.91M

Momentum Score

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Spartan Metals Corp. engages in developing critical minerals projects in the Western United States. The company explores in tungsten, rubidium, antimony, indium, bismuth, and arsenic deposits, as well as precious and base metals. Its flagship project is the Eagle Project located in eastern Nevada. The company was formerly known as Midasco Capital Corp. and changed its name to Spartan Metals Corp. in August 2025. Spartan Metals Corp. was incorporated in 1991 and is headquartered in Vancouver, Canada.

Source: TradingView
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Day Price Range
0.26
Low
0.27
High
52 Week Price Range
0.12
Low
0.87
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

Spartan Metals Corp. is a metals exploration company listed on the TSX Venture Exchange (ticker W.V) with limited public disclosure. Long-term growth may depend on successful drilling, identification of economic mineral resources and favorable metal prices, which could support project development. Investors may view the stock as exposure to early-stage exploration upside if management delivers positive technical results.

Key risks are exploration failure and resource uncertainty, frequent financing needs and dilution, commodity-price volatility, permitting and regulatory delays, and scarce public information on assets and management.

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
0.26
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-7.37%
Net Debt
-
ROCE
-258.59%
Diluted EPS TTM
-0.01

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
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -0.05M -0.06M -0.05M -0.07M
Net income -0.05M -0.06M -0.05M -0.07M
Selling general administrative 0.03M 0.04M 0.04M 0.04M
Operating income -0.05M -0.06M -0.05M -0.06M
Total revenue 0.00M 0.00M 0.00M 0.00M
Total operating expenses 0.05M 0.06M 0.05M 0.06M
Total other income expense net - - - -0.02M
Net income from continuing ops -0.05M -0.06M -0.05M -0.07M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 0.03M 0.08M 0.14M 0.18M
Total liab 0.01M 0.01M 0.01M 0.01M
Total stockholder equity 0.02M 0.07M 0.13M 0.18M
Capital stock 14.37M 14.37M 14.37M 14.37M
Retained earnings -16.19M -16.14M -16.08M -16.03M
Cash 0.03M 0.08M 0.14M 0.18M
Total current liabilities 0.01M 0.01M 0.01M 0.01M
Total current assets 0.03M 0.08M 0.14M 0.18M
Accounts payable 0.01M 0.01M 0.01M 0.01M
Non current assets total 0.00M 0.00M 0.00M 0.00M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total cash from financing activities - - 0.00M 0.23M
Net income -0.05M -0.06M -0.05M -0.07M
Change in cash -0.05M -0.06M -0.05M 0.16M
Begin period cash flow 0.08M 0.14M 0.18M 0.02M
End period cash flow 0.03M 0.08M 0.14M 0.18M
Total cash from operating activities -0.05M -0.06M -0.05M -0.07M
Issuance of capital stock - - 0.00M 0.23M
Capital expenditures 0.00M 0.00M 0.00M 0.00M
Change in working capital -0.00M 0.00M 0.00M -0.01M
Free cash flow -0.05M -0.06M -0.05M -0.07M

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 Revenue (x)
Enterprise Value
to EBITDA (x)
W
Spartan Metals Corp.
0.01
3.85%
0.27 - - 10.94 6.30 20.31 -51.71
SGML
Sigma Lithium Resources Corp
0.10
1.28%
7.91 - 23.09 29.72 42.12 23.03 32.66
AFM
Alphamin Res
0.03
2.00%
1.27 8.44 9.43 2.78 3.33 2.13 3.85
SLI
Standard Lithium Ltd
0.11
5.76%
2.02 - - 79.52 2.40 83.96 5.29
FWZ
Fireweed Zinc Ltd
0.03
1.25%
2.43 - 1250.00 - 26.07 - -7.01

Profile*

Spartan Metals Corp.

Spartan Metals Corp. engages in developing critical minerals projects in the Western United States. The company explores in tungsten, rubidium, antimony, indium, bismuth, and arsenic deposits, as well as precious and base metals. Its flagship project is the Eagle Project located in eastern Nevada. The company was formerly known as Midasco Capital Corp. and changed its name to Spartan Metals Corp. in August 2025. Spartan Metals Corp. was incorporated in 1991 and is headquartered in Vancouver, Canada.

228 - 1122 Mainland Street, Vancouver, BC, Canada, V6B 5L1

Name Title Year Born
Mr. Brett Marsh President & CEO NA
Ms. Terese J. Gieselman CFO & Corporate Secretary 1963
Mr. Brett R. Marsh CPG, M.B.A., M.Sc. President, CEO & Director NA
Ms. Terese Joanne Gieselman CFO & Corporate Secretary 1963
Ms. Rebecca Ball Vice President of Exploration NA
Ms. Rebecca Ball B.Sc. 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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