About
About Hemlo Explorers Inc
Hemlo Explorers Inc. engages in the exploration and development of mineral properties in Canada. It explores for iron, gold, zinc, and other deposits. The company holds a 100% interest in the North Limb project that includes 653 claim cells comprising approximately 8,000 hectares located to the northeast of Marathon, Ontario, as well as staked 303 claim units totaling 4,848 hectares. It also holds a 100% interest in the Wire Lake project, which includes 251 claims covering approximately 4,047 hectares located in the SchreiberHemlo Greenstone Belt; the Black Raven property, which comprises 576 claim units covering approximately 6,640 hectares located in the northwest portion of the Schreiber-Hemlo Greenstone Belt; and the Benton property that includes 31 mining claim cells totaling approximately 500 hectares. In addition, the company holds a 100% interest in the Belcher Islands iron project, which covers 23,042 hectares located on the Belcher Islands situated in Nunavut, Canada. Further, it holds royalty interests in the Hawkins property. The company was formerly known as Canadian Orebodies Inc. and changed its name to Hemlo Explorers Inc. in May 2020. Hemlo Explorers Inc. was incorporated in 2008 and is headquartered in Toronto, Canada.
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5 years, 5 months ago
Hemlo Explorers Inc is currently in a long term downtrend where the price is trading 46.4% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Hemlo Explorers Inc's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 64.9% to $-915K since the same quarter in the previous year.
Finally, its free cash flow fell by 14.7% to $-526K since the same quarter in the previous year.
Based on the above factors, Hemlo Explorers Inc gets an overall score of 1/5.