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Millbank Mining Corp (TSE:HDRO)
:HDRO
Canadian Market
HDRO
Millbank Mining Corp
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Millbank Mining Corp (HDRO) Price & Analysis

11 Followers

HDRO Stock Chart & Stats

C$0.89
--
Market closed
C$0.89
--
Day’s Range― - ―
52-Week RangeC$0.68 - C$6.00
Previous CloseN/A
VolumeN/A
Average Volume (3M)64.32K
Market Cap
C$3.74M
Enterprise ValueC$2.75M
Total Cash (Recent Filing)C$1.68M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta-0.26
Next Earnings
Aug 04, 2026
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.86
Shares Outstanding4,919,141
10 Day Avg. Volume77,932
30 Day Avg. Volume64,317
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)2.28
Price to Sales (P/S)0.00
P/FCF Ratio-1.71
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say
Conservative Balance SheetThe company holds no reported debt and roughly $2.86M of equity, giving it a solvency cushion versus leveraged peers. This durable balance-sheet strength reduces short-to-medium-term default risk and preserves financing optionality while the company executes its plan.
Operations Not Debt-fundedManagement has not relied on borrowed funds to cover operating losses, limiting interest expense and refinancing risk. For a pre-revenue company, avoiding leverage preserves strategic flexibility and reduces the chance of covenant-driven distress during additional capital raises.
Acceptable Solvency Given Small Asset BaseWith modest assets (~$3.25M TTM) and no debt, the firm's solvency metrics remain acceptable. A smaller, asset-light structure can enable lower fixed obligations and simpler capital needs, which helps preserve runway while management focuses on commercial development.
Bears Say
Zero RevenueThe company remains pre-revenue, which means no product-market cash inflows exist to offset costs. Over the medium term this materially increases financing dependency and execution risk, as sustained absence of revenue delays path to self-funding and profit generation.
Large Cash BurnOperating and free cash flows are deeply negative and deteriorating, implying ongoing cash burn that almost certainly requires external financing. Persistent negative cash generation increases dilution risk, constrains investment options, and pressures the balance sheet over multiple quarters.
Negative Returns On EquityROE around -141% indicates the company is destroying shareholder capital rather than generating returns. This poor capital efficiency undermines long-term investor confidence and makes future fundraising harder or more dilutive if operating losses continue at current scale.

Millbank Mining Corp News

Primary Hydrogen Consolidates Shares in Capital Structure Overhaul
Primary Hydrogen Consolidates Shares in Capital Structure Overhaul
Millbank Mining Corp ( ($TSE:HDRO) ) has shared an update. Primary Hydrogen Corp. will implement a one-for-ten consolidation...
4M ago
Primary Hydrogen Consolidates Shares in 10-for-1 Roll-Up on TSX Venture
Primary Hydrogen Consolidates Shares in 10-for-1 Roll-Up on TSX Venture
Millbank Mining Corp ( ($TSE:HDRO) ) has issued an announcement. Primary Hydrogen Corp. will implement a 10-for-1 consolidation...
4M ago
Primary Hydrogen Plans 10-for-1 Share Consolidation to Streamline Capital Structure
Primary Hydrogen Plans 10-for-1 Share Consolidation to Streamline Capital Structure
Millbank Mining Corp ( ($TSE:HDRO) ) has issued an announcement. Primary Hydrogen Corp. has announced a proposed 10-for-1...
4M ago
Primary Hydrogen Advances Wicheeda North Permitting, Reshapes Exploration Team
Primary Hydrogen Advances Wicheeda North Permitting, Reshapes Exploration Team
Millbank Mining Corp ( ($TSE:HDRO) ) has shared an update. Primary Hydrogen Corp. has provided an update on...
6M ago
Primary Hydrogen Corp. Reports Promising Hydrogen Findings in Newfoundland and Labrador
Primary Hydrogen Corp. Reports Promising Hydrogen Findings in Newfoundland and Labrador
Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. has completed its Phase 1...
6M ago
Primary Hydrogen Corp. Uncovers Significant Hydrogen Anomaly in British Columbia
Primary Hydrogen Corp. Uncovers Significant Hydrogen Anomaly in British Columbia
Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. has identified an 8-kilometre hydrogen...
6M ago
Primary Hydrogen Corp. Unveils Promising Hydrogen Anomalies in Ontario Exploration
Primary Hydrogen Corp. Unveils Promising Hydrogen Anomalies in Ontario Exploration
Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. has reported significant findings from...
7M ago
Primary Hydrogen Identifies Key REE Anomalies at Wicheeda North Project
Primary Hydrogen Identifies Key REE Anomalies at Wicheeda North Project
The latest announcement is out from Millbank Mining Corp ( ($TSE:HDRO) ). Primary Hydrogen Corp. has identified two...
7M ago
Primary Hydrogen Corp. Reports Unanimous AGM Voting Results
Primary Hydrogen Corp. Reports Unanimous AGM Voting Results
Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. announced the results of its...
8M ago
Primary Hydrogen Initiates Phase 2 Exploration at Hopkins Project
Primary Hydrogen Initiates Phase 2 Exploration at Hopkins Project
Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. has commenced Phase 2 field...
9M ago

HDRO FAQ

What was Millbank Mining Corp’s price range in the past 12 months?
Millbank Mining Corp lowest stock price was C$0.68 and its highest was C$6.00 in the past 12 months.
    What is Millbank Mining Corp’s market cap?
    Millbank Mining Corp’s market cap is C$3.74M.
      When is Millbank Mining Corp’s upcoming earnings report date?
      Millbank Mining Corp’s upcoming earnings report date is Aug 04, 2026 which is in 59 days.
        How were Millbank Mining Corp’s earnings last quarter?
        Currently, no data Available
        Is Millbank Mining Corp overvalued?
        According to Wall Street analysts Millbank Mining Corp’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Millbank Mining Corp pay dividends?
          Millbank Mining Corp does not currently pay dividends.
          What is Millbank Mining Corp’s EPS estimate?
          Millbank Mining Corp’s EPS estimate for its next earnings report is not yet available.
          How many shares outstanding does Millbank Mining Corp have?
          Millbank Mining Corp has 4,919,141 shares outstanding.
            What happened to Millbank Mining Corp’s price movement after its last earnings report?
            Currently, no data Available
            Which hedge fund is a major shareholder of Millbank Mining Corp?
            Currently, no hedge funds are holding shares in TSE:HDRO
            What is the TipRanks Smart Score and how is it calculated?
            Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

              Company Description

              Millbank Mining Corp

              Primary Hydrogen Corp. engages in the acquisition, exploration, and development of natural hydrogen properties in Canada. The company was formerly known as Millbank Mining Corp. and changed its name to Primary Hydrogen Corp. in November 2024. Primary Hydrogen Corp. was incorporated in 2020 and is based in Calgary, Canada.

              Millbank Mining Corp (HDRO) Earnings & Revenues

              Historic Earnings Reports

              Technical Analysis

              Overall Consensus
              Sell
              6Bullish
              1Neutral
              15Bearish
              Bullish
              Neutral
              Bearish
              Overall Consensus
              6
              1
              15
              Technical Analysis
              6
              1
              3
              Moving Averages
              0
              0
              12
              Technical Analysis >
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