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Complete financial analysis of Grid Metals Corp. (MSMGF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Grid Metals Corp., a leading company in the Industrial Materials industry within the Basic Materials sector.
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Grid Metals Corp. (MSMGF)
About Grid Metals Corp.
Grid Metals Corp. engages in exploring and developing base and precious metal mineral properties in Canada. It explores for nickel, copper, cobalt, lithium and rare metals, and platinum group metals. The company primarily focuses on the East Bull Lake Palladium Property located in Ontario. Its properties also include the Makwa-Mayville Nickel Copper PGM Cobalt Project in Manitoba; and the Bannockburn Nickel Project located in the Sudbury Mining Division, Ontario. The company was formerly known as Mustang Minerals Corp. and changed its name to Grid Metals Corp. in June 2018. The company was incorporated in 1997 and is headquartered in Toronto, 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 | 151.20K | 25.25K | 12.39K | 11.15K | 12.69K | 516.00 | 700.00 | 833.00 | 1.25K | 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 | -151.20K | -25.25K | -12.39K | -11.15K | -12.69K | -516.00 | -700.00 | -833.00 | -1.25K | 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 | 2.42M | 2.08M | 1.96M | 1.50M | 758.78K | 942.24K | 863.73K | 164.94K | 155.50K | 327.84K | 664.55K | 774.79K | 984.01K | 882.33K | 897.93K | 1.22M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 8.45M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 73.75K | 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 |
| SG&A | 10.86M | 2.08M | 1.96M | 1.50M | 758.78K | 942.24K | 863.73K | 164.94K | 229.25K | 327.84K | 664.55K | 774.79K | 984.01K | 882.33K | 897.93K | 1.22M | 2.03M | 771.00K | 1.31M | 3.76M | 1.67M | 746.01K | 1.05M |
| Other Expenses | -298.31K | 9.93M | 515.68K | 161.58K | 111.80K | 166.84K | 533.91K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 717.24K | 173.25K | 0.00 | 0.00 | -2.10K | 245.45K | 0.00 | 0.00 | 0.00 | 0.00 | 166.74K |
| Operating Expenses | 10.57M | 9.42M | 4.36M | 1.50M | 758.78K | 1.25M | 864.43K | 165.77K | 230.50K | 329.56K | 666.92K | 778.07K | 1.01M | 1.15M | 910.61K | 1.16M | 2.05M | 781.94K | 1.33M | 3.78M | 1.71M | 802.72K | 1.10M |
| Cost & Expenses | 10.57M | 9.44M | 4.37M | 1.51M | 771.47K | 1.25M | 864.43K | 165.77K | 230.50K | 329.56K | 666.92K | 778.07K | 1.01M | 1.15M | 910.61K | 1.16M | 2.05M | 781.94K | 1.33M | 3.78M | 1.71M | 802.72K | 1.10M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 124.11K | 430.43K | 206.12K | 14.29K | 43.29K | 94.13K | 113.55K | 66.48K | 50.75K | 69.64K | 39.40K | 43.38K | 112.39K |
| Interest Expense | 135.24K | 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 | 27.23K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 15.57K | 25.25K | 12.39K | 11.15K | 12.69K | 516.00 | 700.00 | 833.00 | 1.25K | 1.72K | 2.37K | 3.28K | 4.08K | 6.08K | 12.69K | 24.36K | 11.17K | 10.94K | 22.44K | 26.58K | 41.10K | 56.71K | 59.55K |
| EBITDA | -11.13M | -9.21M | -4.23M | -1.50M | -709.00K | -1.25M | -823.71K | -42.94K | -204.39K | -368.34K | -759.03K | -598.68K | -423.91K | -1.44M | -848.69K | -1.02M | -1.92M | -729.04K | -1.31M | -3.76M | -1.67M | -746.01K | -351.00 |
| 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 | -10.57M | -9.23M | -4.37M | -1.46M | -771.47K | -1.25M | -829.43K | -115.77K | -230.50K | -329.56K | -704.33K | -1.58M | -428.00K | -1.15M | -1.36M | -1.05M | -2.16M | -823.89K | -1.33M | -3.78M | -1.71M | -802.72K | -2.15M |
| 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 | 193.93K | 8.51M | -4.08K | 1.96M | 111.80K | 166.84K | 332.91K | -172.00K | -3.01M | 40.50K | 256.01K | 1.06M | 923.35K | 311.14K | 166.93K | 94.13K | -2.10K | 311.93K | -4.10M | 39.26K | -278.72K | -281.54K | 279.12K |
| Income Before Tax | -10.37M | 275.76K | -3.85M | -1.35M | -659.67K | -1.08M | -496.52K | -287.77K | -3.24M | -289.06K | -448.32K | -523.75K | -660.84K | -842.65K | -1.19M | -1.18M | -2.17M | -511.96K | -5.43M | -3.74M | -1.99M | -1.08M | -1.87M |
| 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 | 0.00 | 210.44K | -224.17K | 966.00K | -159.17K | -43.00K | -463.00K | 122.00K | -640.00K | 92.94K | -567.00K | 690.60K | -229.00K | -557.08K | -904.17K | -591.35K | -1.67M | 18.59K | -95.00K | -1.37M | -445.00K | -43.38K | -506.00K |
| Net Income | -10.37M | 275.76K | -3.85M | -2.31M | -659.67K | -1.04M | -33.52K | -287.77K | -2.60M | -382.00K | 118.68K | -1.21M | -431.84K | -285.58K | -289.19K | -584.23K | -378.74K | -530.56K | -5.33M | -2.37M | -1.54M | -1.08M | -1.36M |
| 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 | -0.06 | 0.00 | -0.04 | -0.04 | -0.02 | -0.02 | 0.00 | -0.01 | -0.10 | -0.02 | 0.01 | -0.06 | -0.03 | -0.03 | -0.04 | -0.08 | -0.06 | -0.10 | -1.20 | -0.60 | -0.66 | -0.60 | -0.78 |
| EPS Diluted | -0.06 | 0.00 | -0.04 | -0.04 | -0.02 | -0.02 | 0.00 | -0.01 | -0.10 | -0.02 | 0.01 | -0.06 | -0.03 | -0.03 | -0.04 | -0.08 | -0.06 | -0.10 | -1.20 | -0.60 | -0.66 | -0.60 | -0.78 |
| Weighted Avg Shares Out | 170.03M | 124.57M | 87.65M | 59.45M | 42.66M | 42.18M | 27.79M | 25.65M | 25.60M | 23.01M | 22.93M | 19.73M | 15.69M | 9.48M | 8.20M | 7.64M | 6.48M | 5.33M | 4.44M | 3.95M | 2.34M | 1.80M | 1.74M |
| Weighted Avg Shares Out (Dil) | 170.02M | 124.92M | 87.65M | 59.45M | 42.66M | 42.18M | 27.79M | 25.65M | 25.60M | 23.01M | 22.93M | 19.73M | 15.69M | 9.48M | 8.20M | 7.64M | 6.48M | 5.33M | 4.44M | 3.95M | 2.34M | 1.80M | 1.74M |
Grid Metals Files NI 43-101 Technical Report for Mineral Resource Estimate
Donner Lake Lithium Property Southeastern Manitoba Canada TORONTO, ON / ACCESSWIRE / September 6, 2023 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") reported today that it has filed a technical report, in accordance with National Instrument 43-101 -...
Grid Metals Submits Advanced Exploration Permit for Donner Lake Lithium Project
TORONTO, ON / ACCESSWIRE / August 2, 2023 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") is pleased to announce that it has submitted an Advanced Exploration Permit ("AEP") to the Province of Manitoba for its 75% owned Donner...
Grid Metals Announces Maiden Mineral Resource at Donner Lake Lithium Property; Lease Agreement Signed for True North Mill Provides Additional Flexibility for Future Lithium Production
TORONTO, ON / ACCESSWIRE / July 18, 2023 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") is pleased to announce a maiden National Instrument 43-101 compliant Mineral Resource Estimate ("MRE") on its 75% owned Donner Lake Lithium Project in...
Grid Metals Options Newly Discovered Lithium Pegmatite Property In NW Ontario
TORONTO, ON / ACCESSWIRE / October 5, 2021 / Grid Metals Corp. (TSXV:GRDM) (OTCQB:MSMGF) ( the "Company") is pleased to announce the signing of an option agreement to acquire a 100% interest in a previously undiscovered and prospective spodumene and...
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Grid Provides Manitoba Project Update: Releases High Grade Lithium Drill Intercepts from the Main Dyke Pegmatite; Announces Drilling Plans for Ni-Cu-Co-PGM, Lithium and PGE Projects
TORONTO, ON / ACCESSWIRE / September 14, 2021 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) (the "Company") is pleased to announce previously unreported drilling results for its Main Dyke lithium pegmatite target located immediately south of the Company's Mayville Cu-Ni-Co-PGM deposit in...
Grid Metals Retains Emerging Markets Consulting LLC for Investor Relations Advisory Services
TORONTO, ON / ACCESSWIRE / September 2, 2021 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ( ("Grid " or "Company"), a battery metals exploration and development company, is pleased to announce that Emerging Markets Consulting, LLC (EMC) has been retained to provide...
Grid Metals Announces Positive Metallurgical Test Results and Initial Rhodium Assays for East Bull Lake
TORONTO, ON / ACCESSWIRE / August 23, 2021 / Grid Metals Corp. ("Grid" or the "Company") (TSXV:GRDM)(OTCQB:MSMGF) is pleased to announce the favourable results of initial metallurgical testwork showing high metal recoveries on core samples from the Central Parisien Lake...
Grid Metals Corp. Provides Update on Exploration Activities at Bannockburn Nickel and East Bull Lake Palldium Properties
TORONTO, ON / ACCESSWIRE / August 3, 2021 / Grid Metals Corp. (the "Company") (TSXV:GRDM)(OTCQB:MSMGF) is pleased to provide a shareholder update for its projects located in Ontario Canada. The drill program at Bannockburn Nickel is completed and the Company...
Grid Metals Reports Initial Drilling Results at Bannockburn Nickel
TORONTO, ON / ACCESSWIRE / June 28, 2021 / Grid Metals Corp. (the " Company ") (TSXV:GRDM)(OTCQB:MSMGF) is pleased to announce initial results from its recently completed spring 2021 drilling program on its 100% owned Bannockburn Nickel Sulphide Property (the...
Source: https://incomestatements.info
Category: Stock Reports