Explore 3 Stock Ideas & Industry Insights Download Free Report

Grit Metals Corp

Basic Materials CA FIN

0.13CAD
-0.015(10.34%)

Last update at 2026-06-03T19:54:00Z

Day Range

0.120.14
LowHigh

52 Week Range

0.070.22
LowHigh

Fundamentals

  • Previous Close 0.14
  • Market Cap10.49M
  • Volume62600
  • P/E Ratio-
  • Dividend Yield-%
  • Revenue TTM0.00000M
  • Revenue Per Share TTM-
  • Gross Profit TTM 0.00000M
  • Diluted EPS TTM-0.03

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-05-31 2023-05-31 2022-05-31
Type yearly yearly yearly
Date 2024-05-31 2023-05-31 2022-05-31
Income before tax -2.21157M -0.59348M -0.43215M
Minority interest - - -
Net income -2.21157M -0.59348M -0.43215M
Selling general administrative 0.71M 0.32M 0.30M
Selling and marketing expenses - - -
Gross profit - - -
Reconciled depreciation - - -
Ebit - - -
Ebitda - - -
Depreciation and amortization - - -
Non operating income net other - - -
Operating income -1.87147M -0.59348M -0.43215M
Other operating expenses - - -
Interest expense - - -
Tax provision - - -
Interest income 0.00008M - -
Net interest income 0.00008M - -
Extraordinary items - - -
Non recurring - - -
Other items - - -
Income tax expense - - -
Total revenue 0.00000M 0.00000M 0.00000M
Total operating expenses 1.87M 0.59M 0.43M
Cost of revenue - - -
Total other income expense net -0.34018M - -
Discontinued operations - - -
Net income from continuing ops -2.21157M -0.59348M -0.43215M
Net income applicable to common shares - - -
Preferred stock and other adjustments - - -
Breakdown 2024-05-31 2023-05-31 2022-05-31 2021-05-31
Type yearly yearly yearly yearly
Date 2024-05-31 2023-05-31 2022-05-31 2021-05-31
Total assets 4.78M 1.51M 0.82M 0.00000M
Intangible assets - - - -
Earning assets - - - -
Other current assets - - - -
Total liab 0.24M 0.16M 0.08M 0.00000M
Total stockholder equity 4.54M 1.35M 0.74M 0.00000M
Deferred long term liab - - - -
Other current liab - - - -
Common stock - - - -
Capital stock 6.75M 1.73M 0.86M 0.00000M
Retained earnings -3.23720M -1.02563M -0.43215M 0.00000M
Other liab - - - -
Good will - - - -
Other assets - - - -
Cash 1.74M 0.89M 0.58M 0.00000M
Cash and equivalents - - - -
Total current liabilities 0.24M 0.16M 0.08M 0.00000M
Current deferred revenue - - - -
Net debt - - - -
Short term debt - - - -
Short long term debt - - - -
Short long term debt total - - - -
Other stockholder equity - - - -
Property plant equipment - - - -
Total current assets 1.82M 1.05M 0.58M 0.00000M
Long term investments - - - -
Net tangible assets - - - -
Short term investments - - - -
Net receivables 0.04M 0.02M 0.00313M 0.00000M
Long term debt - - - -
Inventory - - - -
Accounts payable - - - -
Total permanent equity - - - -
Noncontrolling interest in consolidated entity - - - -
Temporary equity redeemable noncontrolling interests - - - -
Accumulated other comprehensive income - - - -
Additional paid in capital - - - -
Common stock total equity - - - -
Preferred stock total equity - - - -
Retained earnings total equity - - - -
Treasury stock - - - -
Accumulated amortization - - - -
Non currrent assets other - - - -
Deferred long term asset charges - - - -
Non current assets total 2.96M 0.46M 0.24M 0.00000M
Capital lease obligations - - - -
Long term debt total - - - -
Breakdown 2024-05-31 2023-05-31 2022-05-31
Type yearly yearly yearly
Date 2024-05-31 2023-05-31 2022-05-31
Investments - -0.17500M 0.00000M
Change to liabilities - - -
Total cashflows from investing activities - - -
Net borrowings - - -
Total cash from financing activities 4.06M 1.07M 0.86M
Change to operating activities - - -
Net income -2.21157M -0.59348M -0.43215M
Change in cash 0.85M 0.32M 0.58M
Begin period cash flow 0.89M 0.58M 0.00000M
End period cash flow 1.74M 0.89M 0.58M
Total cash from operating activities -1.27842M -0.57530M -0.28251M
Issuance of capital stock 4.33M 1.07M 0.86M
Depreciation - - -
Other cashflows from investing activities - - -
Dividends paid - - -
Change to inventory - - -
Change to account receivables - - -
Sale purchase of stock - - -
Other cashflows from financing activities - - -
Change to netincome - - -
Capital expenditures 1.93M 0.17M 0.00000M
Change receivables - - -
Cash flows other operating - - -
Exchange rate changes - - -
Cash and cash equivalents changes - - -
Change in working capital 0.13M -0.07230M 0.08M
Stock based compensation 0.49M 0.09M 0.07M
Other non cash items - - -
Free cash flow -1.58966M -0.57530M -0.28251M

Peer Comparison

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to EBITDA (x)
FIN
Grit Metals Corp
-0.015 10.34% 0.13 - - - 2.14 -3.1394
SGML
Sigma Lithium Resources Corp
-1.53 6.73% 21.21 - 23.09 29.72 42.12 23.03 32.66
AFM
Alphamin Res
-0.09 6.04% 1.40 8.44 9.43 2.78 3.33 2.13 3.85
LUNR
LunR Royalties Corp.
-0.4 1.82% 21.60 - - - -
SLI
Standard Lithium Ltd
-0.36 6.25% 5.40 - - 79.52 2.40 83.96 5.29

Reports Covered

Stock Research & News

Profile

Grit Metals Corp. operates as a junior mining exploration company. It primarily focuses on the Lithium-Cesium-Tantalum Finnish Pegmatite Project located in central Finland. The company was formerly known as European Energy Metals Corp. and changed its name to Grit Metals Corp. in October 2024. The company was incorporated in 2021 and is based in Vancouver, Canada. Grit Metals Corp. is a subsidiary of Nexus Uranium Corp.

Grit Metals Corp

905 West Pender, Vancouver, BC, Canada, V6C 1L6

Key Executives

Name Title Year Born
Mr. Gino DeMichele Exec. Chairman 1970
Mr. Jeremy Poirier CEO & Director 1986
Ms. Julia Stone Chief Financial Officer NA
Ms. Yulia McCutcheon Corp. Sec. NA
Mr. Gino DeMichele Executive Chairman 1970
Mr. Joel Leonard C.A., CPA CFO & Corporate Secretary 1986
Mr. Michael Basha P. Eng., P.Geo. Vice President of Exploration NA

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.