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Greenland Resources MOLY.NE · CAD

Materials · NEO · 🇨🇦 Canada

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1.32

-4.35%

Close of 28 Oct 2026, in CAD

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About Greenland Resources

Its shares trade on NEO under the ticker MOLY.NE. It has been listed since 20 September 2021.

Greenland Resources, Inc. engages in the acquisition, exploration, and development of mineral projects. The company is headquartered in Toronto, Ontario. The company went IPO on 2021-09-20. The firm is focused on the acquisition, exploration and development of mineral projects. Its main focus is on its Malmbjerg Molybdenum Project in eastern Greenland. The Malmbjerg Molybdenum Project is an open pit pure molybdenum project located within Greenland Resources mineral exploration license MEL 2018/11 in east central Greenland. The Malmbjerg molybdenum deposit has Mineral Reserves of 245 million tons at 0.176% MoS2, for 571 million pounds of contained molybdenum metal.

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

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
20 Sept 2021

Leadership

Pay as last reported

  • Mr. Ruben ShiffmanExecutive Chairman of the Board, President, since 2014C$1.1m
  • Mr. Eric GrossmanChief Financial Officer, Company SecretaryC$128,971
  • Mr. Keith MintyVice President - Engineering and Project DevelopmentC$276,719
  • Mr. Leonard AsperIndependent DirectorC$16,000
  • Ms. Nauja BiancoIndependent Director
  • Mr. James SteelIndependent DirectorC$9,000
  • Mr. Gary AnsteyIR Contact Officer, since 2022

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

  • Malmbjerg Molybdenum Project has 245 million tons of Mineral Reserves at 0.176% MoS2.
  • Greenland Resources focuses on mineral exploration in eastern Greenland.
  • The company's main project is an open pit pure molybdenum project in Greenland.

Weaknesses

  • The company's IPO was on 20 September 2021, a relatively recent listing.
  • Greenland Resources is headquartered in Toronto, Ontario, which may limit local market access.
  • The Malmbjerg project's location in eastern Greenland poses logistical challenges.

Opportunities

  • The Malmbjerg Molybdenum Project has 571 million pounds of contained molybdenum metal.
  • Greenland Resources can expand its mineral exploration in eastern Greenland.
  • The company's focus on molybdenum aligns with growing demand in the Materials sector.

Threats

  • The Malmbjerg Molybdenum Project's location in eastern Greenland may face environmental regulations.
  • The company's recent IPO in 2021 may affect its market stability.
  • Molybdenum prices could fluctuate, impacting the project's profitability.

Sources and methodology

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

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