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Metalore Resources MET.V · CAD

Energy · TSX Venture · 🇨🇦 Canada

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2.60

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Close of 9 Nov 2026, in CAD

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About Metalore Resources

Its shares trade on TSX Venture under the ticker MET.V. It has been listed since 27 July 1981. In the fiscal year to 31 March 2026, it reported revenue of C$796,020 and a net loss of C$377,240. At that date it held total assets of C$8.0m and shareholders' equity of C$7.0m.

Metalore Resources Ltd. engages in the exploration, development, and production of natural gas and gold. The company is headquartered in Vittoria, Ontario. The firm is engaged in the exploration, development and production of natural gas in Southwestern Ontario and in early-stage exploration of precious metals in Northwestern Ontario. The firm owns and/or controls approximately 40,000 acres of petroleum, natural gas and mineral leases in Charlotteville, Walsingham and Houghton townships in Norfolk County, Ontario. The company produces natural gas from over 80 wells in approximately two townships in Norfolk County, Ontario. The firm holds interest in Beardmore/Geraldton Gold properties, located in Northwestern Ontario, approximately 180 kilometers northeast of Thunder Bay, Ontario. The firm holds interest in the Cedartree Lake Gold Property (CLG), which consists of over 200 claim units that cover approximately 8,000 acres. The CLG Property is located approximately 80 kilometers southeast of the town of Kenora, Ontario, over 20 kilometers southeast of Sioux Narrows.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
27 Jul 1981
Employees
4

Leadership

Pay as last reported

  • Mr. John McvicarLead Independent Chairman of the BoardC$600
  • Mr. Armen ChilianPresident, Chief Executive Officer, Corporate Secretary, Director, since 1987C$59,300
  • Mrs. Ashley NadonChief Financial Officer, Director, since 2025
  • Mr. Peter CoxDirector
  • Mr. Timothy CronkwrightIndependent DirectorC$800

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Metalore Resources Ltd has a strong track record of successful mining operations, which has earned them a reputation for reliability and expertise in the industry. They have a team of highly skilled professionals with extensive knowledge in mining and mineral exploration.
  • The company owns a portfolio of valuable mineral assets, including high-quality ore deposits, which provide a solid foundation for their operations. This positions Metalore Resources Ltd advantageously in terms of potential profitability and growth.

Weaknesses

  • One of the main weaknesses for Metalore Resources Ltd is their heavy reliance on a single geographic region for their mining operations. This concentration of assets and operations increases their vulnerability to regional economic and political factors, as well as potential environmental challenges.
  • The company also faces challenges in terms of limited financial resources, which may hinder their ability to fully exploit their mineral assets or explore new opportunities. This financial constraint can restrict their competitive advantage in the market.

Opportunities

  • Metalore Resources Ltd has the opportunity to expand their operations into new geographic regions, diversifying their portfolio and reducing the risk associated with a single area. This expansion can tap into untapped mineral deposits and market potential, offering new avenues for growth.
  • Furthermore, the increasing global demand for minerals and metals presents an opportunity for Metalore Resources Ltd to capitalize on rising commodity prices and strengthen their market position. They can also consider strategic partnerships or acquisitions to enhance their capabilities and gain a competitive edge.

Threats

  • Metalore Resources Ltd faces significant threats from volatile commodity prices, which can affect their profitability. Fluctuations in the global market can impact the demand and prices of minerals, making it challenging for the company to maintain stable revenues.
  • Additionally, the mining industry is subject to strict regulations and environmental concerns. Metalore Resources Ltd must address these challenges by adopting sustainable mining practices and complying with regulatory requirements to mitigate potential risks and protect their reputation.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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