Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
-404.34K | -1.46M | -174.03K | -234.72K | -40.21K | EBITDA |
-1.33M | -1.46M | -174.03K | -234.72K | 0.00 | Net Income Common Stockholders |
-961.44K | -1.66M | -162.83K | -234.72K | -40.21K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
25.03K | 4.23K | 58.61K | 12.16K | 130.83K | Total Assets |
626.24K | 1.53M | 1.45M | 183.21K | 221.86K | Total Debt |
56.07K | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
31.04K | -4.23K | -58.61K | -12.16K | -130.83K | Total Liabilities |
714.18K | 333.43K | 133.15K | 162.65K | 4.07K | Stockholders Equity |
-166.66K | 743.83K | 845.47K | 20.57K | 217.79K |
Cash Flow | Free Cash Flow | |||
-4.16K | -1.10M | -170.34K | -116.17K | -94.17K | Operating Cash Flow |
-4.16K | -1.10M | -162.19K | -95.96K | -7.11K | Investing Cash Flow |
-26.36K | -202.29K | -23.93K | -20.21K | -87.06K | Financing Cash Flow |
51.33K | 1.25M | 232.56K | -2.50K | 225.00K |
First American Uranium Inc. has announced a debt settlement agreement involving the issuance of 700,000 common shares to its CEO, Shawn Balaghi, to settle a $70,000 debt for CEO services. This move is subject to regulatory approvals and includes a statutory hold period for the shares. The agreement reflects the company’s efforts to manage its financial obligations while maintaining its focus on mineral exploration and development in North America.
Spark’s Take on TSE:URM Stock
According to Spark, TipRanks’ AI Analyst, TSE:URM is a Underperform.
Prosperity Exploration Corp is in its early, capital-intensive phase, facing significant financial challenges with no operational income and reliance on external funding. Technical analysis shows neutral to negative momentum, and valuation remains challenging due to lack of earnings and dividends. The overall score reflects the high risks associated with the company’s current stage and financial health.
To see Spark’s full report on TSE:URM stock, click here.
First American Uranium Inc. has announced changes in its board of directors following the passing of Eugene D. Spiering and the resignation of Tom McCandless. The company has appointed Mike Petrina, a seasoned mining industry executive, as a new director. Petrina’s extensive experience in operations, engineering, and project development, along with his expertise in working with stakeholders and adhering to ESG requirements, is expected to strengthen the company’s strategic positioning and operational capabilities.
First American Uranium Inc. has announced a consolidation of its common shares, converting every three pre-consolidated shares into one post-consolidated share. This move will reduce the total number of shares from approximately 34.3 million to 11.4 million. The company’s name and stock symbol will remain unchanged, and the post-consolidation shares are expected to begin trading on the Canadian Securities Exchange on April 4, 2025. This consolidation aims to streamline the company’s share structure, potentially enhancing its market positioning and attractiveness to investors.
First American Uranium Inc. plans to consolidate its common shares on a 1-for-3 basis, reducing the number of shares from 34,341,552 to approximately 11,447,184, subject to rounding. This consolidation, which does not require shareholder approval but is subject to Canadian Securities Exchange approval, aims to streamline the company’s share structure without altering its name or stock symbol. The adjustment will also apply to outstanding stock options and warrants, potentially impacting stakeholders by affecting share value and market perception.