tiprankstipranks
Trending News
More News >
55 North Mining Inc (TSE:FFF)
:FFF
Canadian Market

55 North Mining Inc (FFF) AI Stock Analysis

Compare
4 Followers

Top Page

TS

55 North Mining Inc

(FFF)

20Underperform
The overall score reflects significant financial instability, with no revenue and negative equity posing major risks. Technical analysis indicates potential oversold conditions, but the valuation is unattractive due to negative earnings.

55 North Mining Inc (FFF) vs. S&P 500 (SPY)

55 North Mining Inc Business Overview & Revenue Model

Company Description55 North Mining Inc (FFF) is a mining exploration company focused on identifying and developing high-potential mineral properties. Operating primarily in the precious and base metals sectors, the company is committed to advancing its projects through exploration and strategic partnerships to create value for its shareholders. Its core services include exploration, evaluation, and development of mineral resources, with an emphasis on gold and other valuable ores.
How the Company Makes Money55 North Mining Inc makes money through the exploration and development of mineral properties, primarily targeting gold and other precious metals. The company generates revenue by advancing these projects to the point where they can be sold or leased to larger mining companies, or through joint venture agreements where they get a share of the mining profits. Revenue streams also include the sale of extracted minerals and metals if the company decides to proceed with full-scale mining operations. Strategic partnerships with other mining firms and investors are significant factors that contribute to the company's earnings, providing capital and expertise to advance their projects.

55 North Mining Inc Financial Statement Overview

Summary
The company is facing severe financial challenges with no revenue generation, negative equity, and weak cash flow positions. The outlook remains precarious without significant improvements.
Income Statement
10
Very Negative
The company has consistently generated no revenue over the years, resulting in negative gross profit and net income. There are no signs of improvement in earnings or profitability as reflected in the negative EBIT and net income margins.
Balance Sheet
5
Very Negative
The company has negative stockholders' equity indicating financial instability. Its total liabilities exceed its assets, and the debt-to-equity ratio cannot be calculated meaningfully due to the negative equity.
Cash Flow
20
Very Negative
Cash flow from operations is low but has improved from highly negative in past years. The free cash flow has seen some improvement, but overall cash flow health remains weak.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-25.84K-202.15K-375.00K-100.00K-65.00K-65.00K
EBIT
-661.78K-827.11K-852.57K-4.88M-2.03M-323.87K
EBITDA
-236.00K0.000.000.000.000.00
Net Income Common Stockholders
-842.46K-783.47K-820.06K-1.47M-2.51M-353.22K
Balance SheetCash, Cash Equivalents and Short-Term Investments
246.03K85.06K31.78K115.16K5.31M478.14K
Total Assets
254.17K101.19K36.36K166.21K6.86M1.01M
Total Debt
124.46K40.00K30.00K30.00K30.00K220.00K
Net Debt
-121.57K-45.06K-1.78K-85.16K-449.70K-258.14K
Total Liabilities
2.75M481.82K224.24K433.16K4.79M603.65K
Stockholders Equity
-2.49M-380.63K-187.89K-266.95K2.07M402.71K
Cash FlowFree Cash Flow
160.88K13.63K-556.49K-3.62M-2.06M-468.38K
Operating Cash Flow
160.88K13.63K-556.49K-3.62M-2.06M-468.38K
Investing Cash Flow
0.000.0020.00K7.59M-900.00K0.00
Financing Cash Flow
-100.58K39.65K453.11K-4.33M2.96M867.44K

55 North Mining Inc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.02
Price Trends
50DMA
0.01
Positive
100DMA
0.01
Positive
200DMA
0.01
Positive
Market Momentum
MACD
<0.01
Negative
RSI
63.98
Neutral
STOCH
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FFF, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.01, and above the 200-day MA of 0.01, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 63.98 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:FFF.

55 North Mining Inc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSABX
75
Outperform
$42.88B13.449.70%2.27%19.13%66.78%
TSK
75
Outperform
$23.61B13.9918.12%0.89%30.84%188.80%
TSNGD
72
Outperform
$4.16B22.7814.62%23.61%
50
Neutral
$1.98B-1.06-21.29%3.61%1.95%-30.60%
27
Underperform
$207.79M-22.20%0.84%
TSFFF
20
Underperform
C$2.40M205.83%55.10%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:FFF
55 North Mining Inc
0.02
0.01
100.00%
TSE:K
Kinross Gold
19.19
8.12
73.38%
TSE:GOLD
GoldMining
1.06
-0.15
-12.40%
TSE:NGD
New Gold
5.26
2.39
83.28%
TSE:ABX
Barrick Mining
24.94
1.16
4.88%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.