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XXIX Metal Corp.

Company price
0.135 CAD 0.00(0%)
Last update at 2026-11-04T18:44:00Z
VOLUME
272091
Market Cap
44.00M

Momentum Score

…

XXIX Metal Corp. engages in the exploration, development, and production of mineral properties in Canada. The company explores for copper, nickel, gold, and silver deposits. It focuses on the Opemiska copper project, which consists of 416 claims covering an area of 21,499.44 hectares located in the Chapais-Chibougamau region of Québec; and the Thierry copper project, which consists of 27 mineral leases, 163 contiguous cell claims, and 16 boundary claims covering an area of 8,127 hectares located in Pickle Lake, central Ontario. The company was formerly known as QC Copper and Gold Inc. and changed its name to XXIX Metal Corp. in December 2024. XXIX Metal Corp. was incorporated in 2018 and is headquartered in Toronto, Canada.

Source: TradingView
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Day Price Range
0.13
Low
0.14
High
52 Week Price Range
0.07
Low
0.14
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

XXIX Metal Corp. is a mineral exploration company listed on the TSX Venture Exchange with limited public detail on its projects. Long-term growth may depend on successful exploration and resource definition, supportive metal prices, and securing permits and financing; investors may find leveraged exposure to exploration upside attractive but should monitor execution.
Key risks are exploration failure, the need for recurring financing and potential dilution, commodity price swings, regulatory and permitting obstacles, and low liquidity.

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
0.14
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-76.44%
Net Debt
-
ROCE
-263.00%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Income before tax -15.73M -4.86M -7.32M -3.91M 0.45M
Net income -15.73M -4.86M -7.32M -3.91M 0.48M
Selling general administrative 1.99M 1.59M 0.94M 2.02M 1.23M
Gross profit -0.04M -0.01M -0.01M -0.02M -0.01M
Reconciled depreciation 0.04M 0.01M 0.01M 0.02M 0.01M
Operating income -17.74M -2.91M -4.98M -10.36M -7.49M
Tax provision - - - 0.00M -0.03M
Interest income 0.13M 0.23M 0.30M 0.15M -
Net interest income 0.13M 0.23M 0.30M 0.15M -
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 17.74M 2.91M 4.98M 10.36M 7.49M
Cost of revenue 0.04M 0.01M 0.01M 0.02M 0.01M
Total other income expense net 1.89M -2.18M -2.65M 6.31M 7.95M
Net income from continuing ops -15.73M -4.86M -7.32M -3.91M 0.48M
Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Total assets 11.85M 8.24M 12.38M 16.84M 20.73M
Total liab 5.10M 0.50M 0.26M 0.32M 3.56M
Total stockholder equity 6.75M 7.74M 12.12M 16.52M 17.17M
Other current liab 1.61M - - - 2.61M
Capital stock 33.34M 20.10M 19.97M 17.21M 14.41M
Retained earnings -31.26M -15.53M -10.67M -3.35M 0.55M
Cash 6.41M 4.06M 5.77M 8.86M 17.51M
Total current liabilities 5.10M 0.50M 0.26M 0.32M 3.56M
Total current assets 9.68M 8.10M 12.35M 16.80M 17.83M
Long term investments 1.91M 0.00M - 0.00M 2.84M
Short term investments 1.19M 2.26M 4.44M 6.54M 0.00M
Net receivables 1.57M 1.49M 1.87M 1.24M 0.20M
Accounts payable 1.03M 0.44M 0.26M 0.31M 0.92M
Non current assets total 2.17M 0.14M 0.03M 0.04M 2.90M
Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Investments - 0.00M -0.55M 0.00M -
Total cash from financing activities 5.46M 0.00M 1.93M 1.45M 13.89M
Net income -15.73M -4.86M -7.32M -3.91M 0.48M
Change in cash 2.35M -1.71M -3.09M -8.65M 15.77M
Begin period cash flow 4.06M 5.77M 8.86M 17.51M 1.74M
End period cash flow 6.41M 4.06M 5.77M 8.86M 17.51M
Total cash from operating activities -3.47M -1.57M -4.42M -10.07M -5.87M
Issuance of capital stock 5.44M 0.00M 1.61M 0.00M 11.97M
Depreciation 0.04M 0.01M 0.01M 0.02M 0.01M
Change to account receivables 0.02M 0.38M -0.63M -1.04M -0.11M
Capital expenditures 0.17M 0.12M 0.00M 0.00M 0.05M
Change in working capital 0.19M 0.62M -0.75M -1.67M 0.68M
Stock based compensation 0.60M 0.42M 0.15M 0.91M 0.08M
Other non cash items 13.07M 0.06M 0.85M -1.73M 0.24M
Free cash flow -3.64M -1.69M -4.42M -10.07M -5.93M

Peer Comparison*

Sector: Basic Materials Industry: Copper

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)
XXIX
XXIX Metal Corp.
-
-%
0.14 - - - 9.17 -0.42
LA
Los Andes Copper Limited
0.33
2.83%
11.99 - 400.00 18.00 4.28 649.58
CUU
Copper Fox Metals Inc.
0.01
1.69%
0.60 - - - 4.13 -109.37
HCH
Hot Chili Ltd
0.07
5.60%
1.32 - - 371.14 1.45 -33.85
ECU
Element 29 Resources Inc
-0.07
3.71%
1.95 - - - 8.83 -3.48

Profile*

XXIX Metal Corp.

XXIX Metal Corp. engages in the exploration, development, and production of mineral properties in Canada. The company explores for copper, nickel, gold, and silver deposits. It focuses on the Opemiska copper project, which consists of 416 claims covering an area of 21,499.44 hectares located in the Chapais-Chibougamau region of Québec; and the Thierry copper project, which consists of 27 mineral leases, 163 contiguous cell claims, and 16 boundary claims covering an area of 8,127 hectares located in Pickle Lake, central Ontario. The company was formerly known as QC Copper and Gold Inc. and changed its name to XXIX Metal Corp. in December 2024. XXIX Metal Corp. was incorporated in 2018 and is headquartered in Toronto, Canada.

141 Adelaide Street West, Toronto, ON, Canada, M5H 3L5

416-644-1567

https://xxix.ca

Name Title Year Born
Mr. Joel Friedman C.A., CPA Chief Financial Officer NA
Mr. Guy Roger Le Bel M.Sc. MBA Ing. Chief Executive Officer 1958
Mr. Denis McNichols P. Geo. Vice President of Exploration NA
Mr. Guy Roger Le Bel M.Sc. MBA Ing. CEO & Director 1958

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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