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Mayo Lake Minerals, Inc.
(MLKM)
Select Model
Select Model
Rating:42Neutral
Price Target:
C$0.03
▼(-15.00% Downside)
Action:Reiterated
Date:10/28/26
The score is held down primarily by the pre-revenue profile with ongoing losses and a rising cash burn (negative operating/free cash flow), which increases financing and dilution risk. Technicals also remain weak with the stock trading below major moving averages and a negative MACD. The balance sheet’s minimal leverage provides some stability, but valuation signals remain constrained by negative earnings and no dividend.
Positive Factors
Minimal Leverage
Very low leverage limits interest obligations and reduces near-term solvency pressure. The company has greater flexibility to direct available capital toward exploration rather than debt service, although continued losses could still erode its equity base over time.
Negative Factors
Pre-Revenue Business Model
The absence of revenue means the company has no operating sales base to fund exploration or absorb corporate costs. Until a property becomes economically viable and generates income, financial performance will remain dependent on capital availability and successful development outcomes.
Read all positive and negative factors
Positive Factors
Negative Factors
Minimal Leverage
Very low leverage limits interest obligations and reduces near-term solvency pressure. The company has greater flexibility to direct available capital toward exploration rather than debt service, although continued losses could still erode its equity base over time.
Read all positive factors
Mayo Lake Minerals, Inc. (MLKM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$4.71M
Dividend YieldN/A
Average Volume (3M)44.86K
Price to Earnings (P/E)―
Beta (1Y)0.02
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding117,626,370
10 Day Avg. Volume3,971
30 Day Avg. Volume44,857
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.78
Price to Sales (P/S)0.00
P/FCF Ratio-8.21
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
Mayo Lake Minerals, Inc. Business Overview & Revenue Model
Company Description
Mayo Lake Minerals Inc. is an early-stage mining company focused on identifying, acquiring, assessing, and exploring mineral prospects within Canada's Yukon Territory. The company primarily targets gold and silver deposits. Its key asset is an int...
Mayo Lake Minerals, Inc. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | -183.00 | -67.00 |
| EBITDA | -336.47K | -247.28K | -237.00 | -427.36K | -465.98K | -336.67K |
| Net Income | -361.18K | -281.56K | -763.00 | -466.43K | -581.30K | -457.11K |
Balance Sheet | ||||||
| Total Assets | 5.31M | 5.69M | 5.80M | 5.85M | 5.88M | 4.48M |
| Cash, Cash Equivalents and Short-Term Investments | 10.71K | 388.91K | 1.63K | 3.72K | 1.10M | 35.34K |
| Total Debt | 20.17K | 0.00 | 92.50K | 91.00K | 86.50K | 121.93K |
| Total Liabilities | 422.46K | 545.30K | 831.65K | 529.70K | 843.93K | 784.79K |
| Stockholders Equity | 4.89M | 5.14M | 4.97M | 5.32M | 5.04M | 3.70M |
Cash Flow | ||||||
| Free Cash Flow | -1.02M | -487.42K | -210.24K | -464.02K | 43.03K | -314.29K |
| Operating Cash Flow | -1.02M | -487.42K | -210.24K | -462.83K | 43.47K | -313.95K |
| Investing Cash Flow | 869.00K | 808.02K | -25.60K | -1.19M | -430.42K | -332.91K |
| Financing Cash Flow | 146.14K | 50.77K | 233.74K | 549.92K | 1.46M | 682.13K |
Mayo Lake Minerals, Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
44 Neutral | C$4.24M | 2.54 | 29.02% | ― | ― | ― | |
44 Neutral | C$3.85M | 14.86 | 7.01% | ― | ― | ― | |
42 Neutral | C$4.71M | -7.02 | -7.24% | ― | ― | ― | |
42 Neutral | C$4.47M | -21.05 | -10.01% | ― | ― | 79.31% | |
| ― | C$2.90M | -0.74 | -94.49% | ― | ― | 61.76% |
* Basic Materials Sector Average
TSE:MLKM
Mayo Lake Minerals, Inc.
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Mayo Lake Minerals, Inc. Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Mayo Lake Minerals Targets 2027 Drilling with $700,000 Exploration Financing
Positive
Oct 22, 2026
Mayo Lake Minerals Inc., listed on the CSE as MLKM, is a gold exploration company focused on the Anderson Gold Trend in Yukon’s Tombstone Gold Belt, adjacent to established regional deposits. Its portfolio targets both bulk-minable Reduced I...
Business Operations and StrategyPrivate Placements and Financing
Mayo Lake Minerals Launches $700,000 Private Placement to Fund Yukon Exploration
Positive
Oct 5, 2026
Mayo Lake Minerals plans to raise up to $700,000 through a non-brokered private placement of common share units and flow-through units, with closing expected around early November 2026. The structure includes warrants with 30-month terms, potentia...
Business Operations and StrategyPrivate Placements and FinancingStock Split
Mayo Lake Halts Share Consolidation and LIFE Financing Amid Tombstone Belt Developments
Negative
Aug 31, 2026
Mayo Lake Minerals has cancelled its previously announced Listed Issuer Financing Exemption offering and planned one-for-three share consolidation, determining that the proposed unit pricing would cause excessive dilution relative to recent tradin...
Business Operations and Strategy
Mayo Lake Ties Anderson Gold Targets to Banyan Nitra Success, Plans Priority Drilling
Positive
Aug 17, 2026
Mayo Lake Minerals is positioning itself within the Reduced Intrusion-Related Gold Systems space in Yukon by advancing multiple prospects along the Anderson Gold Trend. The company employs integrated structural, geochemical and geophysical data to...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and ComplianceStock Split
Mayo Lake Minerals Delays Share Consolidation, Extends $1.89 Million LIFE Financing
Positive
Aug 13, 2026
Mayo Lake Minerals Inc. has pushed back the concurrent closing of its one-for-three share consolidation and its up to $1.89 million listed issuer financing exemption offering from August 14 to on or about August 28, 2026, citing logistical complex...
Business Operations and Strategy
Mayo Lake Minerals Appoints Independent Trading Group as Market Maker to Boost Share Liquidity
Positive
Aug 5, 2026
Mayo Lake Minerals Inc. has engaged Toronto-based Independent Trading Group to act as market maker for its common shares on the Canadian Securities Exchange and other trading venues. The mandate is intended to maintain a reasonable market and enha...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.