Friday , 29 September 2023

These 5 Junior Mining Stocks Are Ready To Enhance Shareholder Value

…Free cash flow (FCF) is a financial performance measurement calculated by subtracting a company’s capital expenditures from its operating cash flows. Since mining is a capital-intensive operation, many companies report negative FCF when they pursue new opportunities but the 5 junior mining companies on our list today have already spent the cash necessary to maintain or expand their asset bases, and are hopefully ready to enhance shareholder value.

The comments above & below are edited ([ ]) and abridged (…) excerpts from the original article by SmallCapPower.com

1. Nemaska Lithium Inc. (TSX: NMX) – $1.33 Canadian
Specialty Mining & Metals

Nemaska Lithium Inc. is engaged in the exploration and development of hard rock lithium mining properties and related processing of spodumene into lithium compounds…in the Province of Quebec, Canada….

  • Market Cap: $417.9  million CAD
  • Revenue (LTM): $51.8 million CAD
  • Free Cash Flow (FY0): -9.6 million CAD
  • Expected Increase in FCF (Y/Y): 642%

2. Timmins Gold Corp (TSX: TMM) – $0.50 Canadian
Gold

Timmins Gold Corp. is a Canada-based gold producer engaged in the operation, development, exploration and acquisition of resource properties in Mexico through its subsidiaries, Timmins Goldcorp Mexico, S.A. de C.V. and Molimentales del Noroeste, S.A. de C.V. (MdN)…

  • Market Cap: $177.6  million CAD
  • Revenue (LTM): $27.7 million CAD
  • Free Cash Flow (FY0): $-24.5 million CAD
  • Expected Increase in FCF (Y/Y): 213%

3. TMAC Resources Inc. (TSX: TMR) – $15.11 Canadian
Gold

TMAC Resources, Inc. is a Canada-based mineral exploration and development company involved in the exploration, evaluation and development of the Hope Bay mineral property in the Kitikmeot Region of Nunavut, Canada (Hope Bay Project)…

  • Market Cap: $1,263.1 million CAD
  • Revenue (LTM): $44.7 million CAD
  • Free Cash Flow (FY0): $-190.3 million CAD
  • Expected Increase in FCF (Y/Y): 123%

4. Trevali Mining Corp. (TSX: TV) – $1.46 Canadian
Diversified Mining

Trevali Mining Corporation is a Canada-based natural resource company engaged in the acquisition, exploration, development and production from mineral properties. The Company holds approximately four properties in Canada and has an interest in a property in Peru with an option on a second Peruvian property…

  • Market Cap: $587.2  million CAD
  • Revenue (LTM): $10 million CAD
  • Free Cash Flow (FY0): $-43.1 million CAD
  • Expected Increase in FCF (Y/Y): 123%

5. Nevsun Resources Ltd. (TSX: NSU) – $3.36 Canadian
Specialty Mining & Metals

Nevsun Resources Ltd is a Canada-based base metals mining company engaged in the acquisition, exploration, development and operation of mineral property interests. Its primary mining business is in Africa…but it also is developing a copper and gold project located in Serbia.

  • Market Cap: $1,011.5  million CAD
  • Revenue (LTM): $-18.1 million CAD
  • Free Cash Flow (FY0): $-266.6 million CAD
  • Expected Increase in FCF (Y/Y): 93%

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