Greenland Resources Inc. (MOLY) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): N/A
• Revenue Growth: N/A
• EPS Growth: 37.86%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: N/A
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: ―

The overall score of 48 reflects Greenland Resources Inc.'s substantial challenges in financial performance, with no revenue and negative cash flow posing significant risks. However, the recent positive corporate events, including strategic partnerships and financing interests, indicate potential for future growth and improved market positioning, slightly balancing the negative financial aspects.

Greenland Resources Inc. Business Overview & Revenue Model

Company Description

Greenland Resources Inc., a mining company, engages in the acquisition, exploration, and development of mineral projects in Greenland. Its flagship project is the 100% owned Malmbjerg molybdenum project located in eastern Greenland. The company was formerly known as Primera Bioscience Research Inc. and changed its name to Greenland Resources Inc. in June 2014. Greenland Resources Inc. was incorporated in 2008 and is headquartered in Toronto, Canada.

How the Company Makes Money

Greenland Resources Inc. makes money by extracting and selling molybdenum from its mining operations. The company's primary revenue stream comes from the sale of molybdenum concentrate, which is processed and sold to industrial customers globally who use it in manufacturing and production processes. The company may also engage in strategic partnerships and joint ventures to enhance its mining operations and access new markets, contributing to its earnings. Additionally, factors such as market demand for molybdenum, commodity prices, and operational efficiency play significant roles in the company's financial performance.

Greenland Resources Inc. Financial Statement Overview

Summary

Greenland Resources Inc. is facing significant financial challenges. The company has no revenue, ongoing operational losses, and negative cash flow, indicating struggles in achieving profitability. The balance sheet shows a debt-free position, which provides some stability, but the reliance on external financing is concerning.

Income Statement

Greenland Resources Inc. has reported no revenue over multiple periods, which is a critical weakness for any company. The company is consistently experiencing negative EBIT and Net Income, indicating ongoing operational and net losses. This lack of revenue and persistent losses suggest significant financial challenges in achieving profitability.

Balance Sheet

The company's balance sheet shows a strong equity position with no debt, reflected in a Debt-to-Equity Ratio of zero. However, the Return on Equity is negative due to the net losses. The Equity Ratio suggests that the company is primarily financed through equity, which provides financial stability but also highlights the absence of leverage that could potentially boost returns.

Cash Flow

The cash flow analysis reveals substantial negative operating cash flow, which signifies that the company is not generating cash from its core operations. The negative free cash flow further underscores the challenges in sustaining operations without external financing. The financing cash flow indicates reliance on external sources to fund operations, which may not be sustainable in the long term.

Breakdown	TTM	Dec 2024	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	0.00	0.00
EBITDA	-2.85M	-4.06M	26.10K	-3.77M	-8.43M	-1.19M
Net Income	-2.79M	-4.06M	-6.30M	-3.75M	-5.96M	-1.41M
Balance Sheet
Total Assets	3.41M	2.03M	4.09M	3.70M	2.59M	8.19M
Cash, Cash Equivalents and Short-Term Investments	3.27M	1.83M	3.68M	3.28M	1.96M	8.10M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	168.15K	579.21K	390.07K	160.18K	376.38K	197.19K
Stockholders Equity	3.24M	1.45M	3.70M	3.54M	2.21M	7.99M
Cash Flow
Free Cash Flow	-3.60M	-3.53M	-5.15M	-3.13M	-7.38M	-724.47K
Operating Cash Flow	-3.60M	-3.53M	-5.15M	-3.13M	-7.38M	-724.47K
Investing Cash Flow	0.00	0.00	0.00	0.00	1.24M	80.00K
Financing Cash Flow	4.65M	1.68M	5.54M	4.45M	1.25K	7.52M

Greenland Resources Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MOLY	―	―	―	-232.21%	―	―	37.86%
SKYG	―	C$3.30M	―	-92.46%	―	―	14.41%
CRI	―	C$39.52M	―	-312.88%	―	―	58.99%
CTN	―	C$835.04K	-1.28	―	―	―	-129.14%
MYR	―	C$5.66M	―	-230.08%	―	―	71.86%

Greenland Resources Inc. Corporate Events

Greenland Resources Advances with Revised Exploitation License Including Magnesium

Greenland Resources Inc. has received a revised draft exploitation license that includes magnesium alongside molybdenum, marking a significant step in their project development. This inclusion could enhance the company’s market positioning, given the critical nature of magnesium and molybdenum in various industries, and the lack of domestic production in the U.S. and EU, potentially impacting stakeholders positively.

Spark’s Take on TSE:MOLY Stock

According to Spark, TipRanks’ AI Analyst, TSE:MOLY is a Neutral.

The overall score reflects a company with substantial challenges in financial performance but promising corporate developments. The lack of revenue and negative cash flow are significant risks, yet the strong equity position and absence of debt provide some stability. Corporate events showcase strategic advancements, including partnerships and government support, which could drive future growth and improve financial conditions.

To see Spark’s full report on TSE:MOLY stock, click here.

Greenland Resources Advances Malmbjerg Molybdenum Project Amid Government Support

Greenland Resources Inc. announced progress on its Malmbjerg Molybdenum Project, including ongoing discussions with the Greenland government regarding an exploitation license and advancements in converting non-binding agreements with metallurgical companies into binding ones. The new Greenland government, which supports business development and mineral resource strategies, is expected to positively impact the project’s progress. Additionally, the company is preparing for a site visit with banks and continues to engage with strategic investors, signaling potential growth and increased stakeholder interest.

Greenland Resources Secures Decade-Long Molybdenum Supply Deal with Outokumpu

Greenland Resources Inc. has entered into a ten-year off-take agreement with Outokumpu, Europe’s largest stainless steel producer, to supply high-quality molybdenum oxide. This agreement, covering approximately eight million pounds of molybdenum per year, represents a significant portion of Greenland’s production and includes a price floor and cap. The partnership is expected to enhance Greenland’s strategic positioning by providing sustainable and cost-competitive value-chain integration, while Outokumpu will assist in arranging capex financing. This collaboration strengthens Outokumpu’s supply chain and reduces its Scope 3 emissions, addressing Europe’s reliance on imported raw materials.

Greenland Resources Secures EDC Financing Interest for Molybdenum Project

Greenland Resources Inc. has received a letter of interest from Export Development Canada (EDC) for financing up to USD 275 million for its molybdenum project in Greenland. This support highlights the project’s Canadian content and potential benefits for Canadian and Greenlandic communities, as well as global security of scarce metals. The EDC’s involvement reflects confidence in the project’s sustainability and economic impact, with further due diligence required before finalizing the offer.