Complete financial analysis of Commerce Resources Corp. (CMRZF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Commerce Resources Corp., a leading company in the Industrial Materials industry within the Basic Materials sector.
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Commerce Resources Corp. (CMRZF)
About Commerce Resources Corp.
Commerce Resources Corp. acquires, explores, develops, and evaluates mineral resource properties in Canada. The company primarily explores for rare earth elements, as well as tantalum and niobium deposits. Its principal properties are the Eldor property comprising 244 claims that covers an area of approximately 11,475 hectares located in northern Quebec; and the Blue River Tantalum/Niobium property situated in British Columbia. Commerce Resources Corp. was incorporated in 1999 and is headquartered in Vancouver, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 32.69K | 19.07K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -32.69K | -19.07K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 1.08M | 1.05M | 1.21M | 673.09K | 1.02M | 704.53K | 1.50M | 1.21M | 1.54M | 1.11M | 1.62M | 1.92M | 4.04M | 2.04M | 2.71M | 2.01M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 108.21K | 210.77K | 209.42K | 159.43K | 52.14K | 123.73K | 269.30K | 181.62K | 390.52K | 468.21K | 236.90K | 438.23K | 632.03K | 580.65K | 628.82K | 625.41K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.60M | 1.26M | 1.42M | 832.52K | 1.07M | 828.26K | 1.77M | 1.39M | 1.93M | 1.58M | 1.85M | 2.36M | 4.67M | 2.62M | 3.33M | 2.64M | 4.26M | 1.42M | 325.57K | 303.54K | 329.66K | 418.01K | 552.36K |
| Other Expenses | 0.00 | 580.26K | 594.00K | 0.00 | 13.80K | -564.00 | -16.68K | -508.98K | 0.00 | 0.00 | 298.55K | 760.00K | 330.27K | -6.98K | 874.00 | 0.00 | 0.00 | 0.00 | 0.00 | 102.61K | -42.35K | 0.00 | -84.94K |
| Operating Expenses | 1.60M | 1.28M | 1.42M | 832.52K | 1.07M | 828.26K | 1.77M | 1.39M | 1.93M | 1.58M | 1.85M | 2.36M | 4.67M | 2.62M | 3.33M | 2.64M | 4.26M | 1.42M | 326.67K | 304.98K | 331.56K | 420.52K | 553.78K |
| Cost & Expenses | 1.60M | 1.28M | 1.42M | 832.52K | 1.07M | 828.26K | 1.77M | 1.39M | 1.93M | 1.58M | 1.85M | 2.36M | 4.67M | 2.62M | 3.33M | 2.64M | 4.26M | 1.42M | 326.67K | 304.98K | 331.56K | 420.52K | 553.78K |
| Interest Income | 6.42K | 18.69K | 14.37K | 9.11K | 2.70K | 3.05K | 2.88K | 6.13K | 49.39K | 17.30K | 55.63K | 40.21K | 123.66K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 15.99K | 10.76K | 0.00 | 2.75K | 78.71K | 11.30K | 0.00 | 0.00 | 0.00 | 39.07K | 1.34K | 22.08K | 2.51K | 19.64K | 2.62K | 1.66K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 32.69K | 19.07K | 1.31M | 750.97K | 972.63K | 5.89K | 1.66M | 1.45M | 1.45K | 52.35 | 52.35 | 40.21K | 456.14K | 202.80K | -14.58K | 0.00 | 0.00 | 633.00 | 1.10K | 1.44K | 1.90K | 2.51K | 1.43K |
| EBITDA | -1.60M | -1.16M | 0.00 | 0.00 | 0.00 | -717.15K | 0.00 | 187.66K | -174.67K | -1.57M | -1.73M | -2.32M | -4.22M | -2.44M | -3.35M | -2.64M | -4.26M | -1.42M | -325.57K | 8.01K | 24.41K | -418.01K | -527.36K |
| EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -1.60M | -680.54K | -1.42M | -823.41K | -1.05M | -822.54K | -1.82M | -1.80M | -174.67K | -1.57M | -1.50M | -2.36M | -4.68M | -2.64M | -3.34M | -2.64M | -4.26M | -1.42M | -326.67K | -616.53K | -685.63K | -420.52K | -578.78K |
| Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -80.49K | 440.56K | 859.15K | -76.44K | -170.84K | -114.34K | -75.20K | -221.33K | -1.88M | -166.75K | -321.54K | 2.09M | 422.14K | 150.93K | 18.07K | -3.66M | 539.04K | 9.97K | 23.70K | -208.94K | -396.42K | -34.42K | -109.94K |
| Income Before Tax | -1.68M | -723.56K | -807.64K | -827.41K | -1.14M | -831.49K | -1.73M | -1.48M | -3.64M | -1.68M | -2.10M | -263.74K | -4.25M | -2.49M | -3.32M | -6.30M | -3.72M | -1.41M | -302.97K | -825.47K | -1.08M | -454.94K | -688.72K |
| Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 20.62K | 591.02K | -356.53K | 2.00K | 91.54K | -31.51K | -184.19K | -415.99K | -1.15M | -219.41K | -214.21K | -63.66K | -29.54K | -117.82K | -562.73K | 0.00 | -42.26K | -50.82K | 7.46K | 403.25K | 361.30K | 14.79K | 15.67K |
| Net Income | -1.70M | -723.56K | -451.11K | -827.41K | -1.14M | -799.98K | -1.55M | -1.07M | -2.49M | -1.46M | -1.89M | -200.08K | -4.22M | -2.37M | -2.76M | -6.30M | -3.67M | -1.36M | -310.43K | -605.62K | -735.22K | -469.73K | -654.39K |
| Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | -0.02 | -0.01 | -0.01 | -0.02 | -0.04 | -0.03 | -0.05 | -0.04 | -0.12 | -0.08 | -0.11 | -0.01 | -0.30 | -0.18 | -0.21 | -0.57 | -0.47 | -0.35 | -0.12 | -0.29 | -0.43 | -0.30 | -0.57 |
| EPS Diluted | -0.02 | -0.01 | -0.01 | -0.02 | -0.04 | -0.03 | -0.05 | -0.04 | -0.12 | -0.08 | -0.11 | -0.01 | -0.30 | -0.18 | -0.21 | -0.57 | -0.47 | -0.35 | -0.12 | -0.29 | -0.39 | -0.29 | -0.57 |
| Weighted Avg Shares Out | 98.93M | 90.45M | 74.99M | 45.16M | 31.68M | 31.02M | 29.05M | 24.03M | 21.44M | 17.70M | 16.54M | 14.92M | 13.97M | 13.04M | 13.03M | 11.15M | 7.79M | 3.88M | 2.59M | 2.06M | 1.72M | 1.57M | 1.16M |
| Weighted Avg Shares Out (Dil) | 98.93M | 90.45M | 74.99M | 45.16M | 31.68M | 31.02M | 29.05M | 24.03M | 21.44M | 17.70M | 16.54M | 14.92M | 13.97M | 13.04M | 13.03M | 11.15M | 7.79M | 3.88M | 2.59M | 2.11M | 1.86M | 1.61M | 1.16M |
Commerce Produces High-Grade Rare Earth Mineral Concentrate (36% REO) at Strong Recovery in Flotation Locked-Cycle Testing
Highlights Locked-cycle testing of the Ashram Deposit's flotation-only flowsheet has resulted in high-grade rare earth mineral concentrate at strong recovery. 36 to 37% REO1 at overall recoveries of 65 to 68%.
Commerce Resources Discovers Knox Niobium Prospect by Drilling 69.4 m of 0.61% Nb2O5 and Extends Mineralization at the Miranna Prospect, Eldor Property, Quebec
Highlights: Commerce Resources discovers significant niobium mineralization in first drill program at Knox Prospect: 96.5 m at0.51% Nb2O5 (EC24-220), including, 69.4 m at 0.61% Nb 2 O 5 106.0 m at0.40% Nb2O5 (EC24-221), including, 14.5 m at 0.60% Nb2O5 ,...
Commerce Resources Drills 122.5 m at 0.62% Nb2O5 at the Mallard Prospect, Eldor Property, Quebec
Highlights: Commerce Resources confirms significant niobium mineralization with 122.5m at 0.62% Nb2O5 from near surface at the Mallard Prospect, Eldor Property, located within 2 km of the Company's globally significant Ashram Rare-Earth and Fluorspar Deposit, Quebec, Canada. Core assay results...
Highly Experienced Mining Executive Ross Carroll Appointed as President and CEO of Commerce Resources Corp. to Drive Development of World-Class Ashram Rare Earths and Fluorspar Project
VANCOUVER, BC / ACCESSWIRE / August 1, 2024 / Commerce Resources Corp. (TSXV:CCE)(FSE:D7H0)(OTCQX:CMRZF) (the "Company" or "Commerce") is pleased to announce the appointment of highly experienced resources executive Mr. Ross Carroll as its new President and Chief Executive Officer, effective...
Commerce Resources Corp. Announces Extension to Private Placement of up to 16,000,000 Units to Raise Gross Proceeds of up to $2,016,000
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / July 25, 2024 / Commerce Resources Corp. (TSXV:CCE)(FSE:D7H0)(OTCQX:CMRZF) (the "Company" or "Commerce") announces that it has requested and has received...
Commerce Resources Files NI 43-101 Technical Report for the Ashram Rare Earth Element & Fluorspar Deposit, Eldor Property, Quebec, Canada
VANCOUVER, BC / ACCESSWIRE / July 8, 2024 / Commerce Resources Corp. (TSXv:CCE)(FSE:D7H0)(OTCQX:CMRZF) (the "Company" or "Commerce") announces that is has filed on SEDAR+ a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral...
Commerce Resources Commences Summer Diamond Drill Program Targeting Niobium Prospects at the Eldor Property, Nunavik, Quebec
VANCOUVER, BC / ACCESSWIRE / July 5, 2024 / Commerce Resources Corp. (TSXV:CCE)(FSE:D7H0)(OTCQX:CMRZF) (the "Company" or "Commerce") is pleased to announce that a summer drill program has commenced, targeting further delineation of niobium and tantalum mineralization at the Mallard and...
Commerce Resources Completes Sale of Blue River Property
VANCOUVER, BC / ACCESSWIRE / June 17, 2024 / Commerce Resources Corp. (TSXV:CCE)(FSE:D7H0)(OTCQX:CMRZF) (the "Company" or "Commerce") is pleased to announce, further to its news release dated May 21, 2024, that it has completed the sale of its interest in...
Commerce Resources Announces Publication of Paper on Rare Earth Mineral Processing
VANCOUVER, BC / ACCESSWIRE / April 11, 2024 / Commerce Resources Corp. (TSXv:CCE)(FSE:D7H0)(OTCQX:CMRZF) (the "Company" or "Commerce") is pleased to announce the publication of a paper on rare earth element ("REE") mineral processing, which has been supported by sample material...
Commerce Resources Announces Significant Advancements and Simplification of the Ashram Deposit's Process Flowsheet
VANCOUVER, BC / ACCESSWIRE / March 4, 2024 / Commerce Resources Corp. (TSXV:CCE)(FSE:D7H0)(OTCQX:CMRZF) (the "Company" or "Commerce") is pleased to announce that it has made significant advancements in the mineral processing and hydrometallurgical flowsheets for the Ashram Rare Earth and...
Source: https://incomestatements.info
Category: Stock Reports