CompanyGraph
At a glance
- Depends onUpstream position: supplies 5 industries, depends on 1
- PositionOperating margin is -41.6%, lower than 95% of its Gold peers (median 35.6%)
- FinancialsAltman Z-Score 0.18: distress zone
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Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
1.54BCAD1.11B · vs all stocks (USD)
Revenue (TTM)
187.25MCAD134.34M · vs all stocks (USD)
Profit Margin
-176.91%vs Gold peers
Beta
2.04xvs all stocks
52-Week Change
110.59%vs all stocks
Market Capitalization
1.54BCAD1.11B · vs all stocks (USD)
Enterprise Value
2.06BCAD1.48B · vs all stocks (USD)
Forward P/E
9.11xvs Gold peers
Price to Sales (TTM)
11.56xvs Gold peers
Price to Book (MRQ)
3.64xvs Gold peers
Enterprise to Revenue
11.02xvs Gold peers
Enterprise to EBITDA
-15.20xvs Gold peers
Gross Margin
30.69%vs Gold peers
Profit Margin
-176.91%vs Gold peers
Operating Margin
-41.64%vs Gold peers
Return on Assets (TTM)
-7.10%vs Gold peers
Return on Equity (TTM)
-76.60%vs Gold peers
Revenue (TTM)
187.25MCAD134.34M · vs all stocks (USD)
Revenue per Share (TTM)
0.1730CADUpdated Jul 19, 2026Quarterly Revenue Growth
272.90%vs Gold peers
Gross Profit (TTM)
16.68MCAD11.97M · vs all stocks (USD)
EBITDA (TTM)
-135.70MCAD-97.35M · vs all stocks (USD)
Net Income (TTM)
-331.28MCAD-237.66M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
272.94%vs Gold peers
Operating Cash Flow (TTM)
-148.60MCAD-106.61M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-110.42MCAD-79.22M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.00CADUpdated Jul 19, 2026Trailing Annual Dividend Yield
0.00%vs all stocks
Payout Ratio
0.00%vs Gold peers
Revenue
95.19MUSDFY2025 · Dec 31, 2025Cost of Goods Sold
83.69MUSDFY2025 · Dec 31, 2025Gross Profit
11.51MUSDFY2025 · Dec 31, 2025Operating Income
-98.13MUSDvs all stocks (USD)
Pre-tax Income
-202.14MUSDFY2025 · Dec 31, 2025Income Tax Expense
-3.29MUSDFY2025 · Dec 31, 2025Net Income
-198.85MUSDFY2025 · Dec 31, 2025EBIT
-173.48MUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
-95.44MUSDFY2025 · Dec 31, 2025Selling, General & Administrative
29.37MUSDFY2025 · Dec 31, 2025Other Operating Expenses
66.07MUSDFY2025 · Dec 31, 2025Non-operating Interest Income
4.40MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
28.66MUSDFY2025 · Dec 31, 2025EPS (Basic)
-0.3000USDFY2025 · Dec 31, 2025EPS (Diluted)
-0.3000USDFY2025 · Dec 31, 2025Basic Shares Outstanding
671.73MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
671.73MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-198.85MUSDFY2025 · Dec 31, 2025Operating Cash Flow
-166.50MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
105.26MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-198.85MUSDFY2025 · Dec 31, 2025Depreciation & Amortization
3.25MUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
-3.29MUSDFY2025 · Dec 31, 2025Stock-based Compensation
9.13MUSDFY2025 · Dec 31, 2025Other Non-cash Items
35.53MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
1.40MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-13.68MUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-92.42MUSDFY2025 · Dec 31, 2025Net Short-term Debt Issuance
0.00USDFY2025 · Dec 31, 2025Common Dividends Paid
0.00USDFY2025 · Dec 31, 2025Other Financing Charges
-44.00KUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
101.53MUSDFY2025 · Dec 31, 2025Shares Outstanding
853.48MSharesUpdated Jul 19, 2026Float Shares
720.56MSharesUpdated Jul 19, 2026Shares Short
29.22MSharesUpdated Jul 19, 2026Short Ratio
19.15daysvs all stocks
Short % of Shares Outstanding
3.42%vs all stocks
% Held by Insiders
6.90%vs all stocks
% Held by Institutions
51.93%vs all stocks
Total Cash (MRQ)
720.08MCAD516.59M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.5960CADUpdated Jul 19, 2026Total Debt (MRQ)
619.55MCAD444.47M · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.48xvs Gold peers
Current Ratio (MRQ)
9.46xvs Gold peers
Book Value per Share (MRQ)
0.4914CADUpdated Jul 19, 2026Total Assets
703.42MUSDvs all stocks (USD)
Total Current Assets
100.34MUSDFY2025 · Dec 31, 2025Total Liabilities
356.65MUSDFY2025 · Dec 31, 2025Total Non-current Assets
603.08MUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
218.39MUSDFY2025 · Dec 31, 2025Total Current Liabilities
138.26MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
63.24MUSDFY2025 · Dec 31, 2025Accounts Receivable
1.91MUSDFY2025 · Dec 31, 2025Inventory
29.25MUSDFY2025 · Dec 31, 2025Short-term Debt
76.81MUSDFY2025 · Dec 31, 2025Other Current Liabilities
18.37MUSDFY2025 · Dec 31, 2025Long-term Debt
97.91MUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
48.45MUSDFY2025 · Dec 31, 2025Common Stock (Book)
799.86MUSDFY2025 · Dec 31, 2025Retained Earnings
-483.67MUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
346.77MUSDvs all stocks (USD)
52-Week Low
0.7600CADUpdated Jul 19, 202652-Week High
3.04CADUpdated Jul 19, 202652-Week Change
110.59%vs all stocks
Beta
2.04xvs all stocks
50-Day MA
2.07CADUpdated Jul 19, 2026200-Day MA
2.01CADUpdated Jul 19, 2026Avg 10-Day Volume
893.06KSharesUpdated Jul 19, 2026Avg 30-Day Volume
1.32MSharesUpdated Jul 19, 2026Diluted EPS (TTM)
-0.4100CADUpdated Jul 19, 2026Other Income / Expense
-77.85MUSDFY2025 · Dec 31, 2025Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Operating margin is -41.6%, lower than 95% of its Gold peers (median 35.6%)Significant
Operating margin: -0.42Industry median: 0.36Industry P5: 0.02Peers compared: 37.00
Profit margin is -176.9%, lower than 95% of its Gold peers (median 22.2%)Significant
Profit margin: -1.77Industry median: 0.22Industry P5: -0.04Peers compared: 37.00
Return on equity is -76.6%, lower than 95% of its Gold peers (median 14.5%)Significant
Return on equity: -0.77Industry median: 0.14Industry P5: -0.37Peers compared: 37.00
Debt-to-equity is 1.48×, higher than 95% of its Gold peers (median 0.14×)Significant
Debt-to-equity: 1.48Industry median: 0.14Industry P95: 1.11Peers compared: 37.00
Structural Tensions
Looks liquid, but the distress score says otherwiseNotable
Current Ratio: 9.46Altman Z-Score: 0.18
Financial Health
Altman Z-Score 0.18: distress zoneCritical
Altman Z-Score: 0.18
Supply Chain
Upstream position: supplies 5 industries, depends on 1Notable
Outgoing: 5.00Incoming: 1.00
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