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Mercado Minerals Ltd. (MERC) Financials

CSE: MERC · Silver · Exploration stage

Mercado Minerals Ltd. is a mineral exploration company dedicated to identifying and acquiring silver-focused projects in the Americas. The Company’s mission is to generate value through disciplined exploration and strategic acquisitions in the precious metals space. Mercado has been primarily involved in the exploration and evaluation of the Porter Property, located within Alberni Mining Divisions of British Columbia.

Mercado Minerals Ltd. financial statements

Key figures read from 3 of 3 financial statement filings, Jun 29, 2026 to Oct 26, 2026. Each column is the period as the company first filed it.

Balance sheet: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

Feb 2026Feb 2025
Cash and equivalentsC$5,712,088C$728,723
Total current assetsC$6,125,062*C$735,731*
Exploration and evaluation assetsC$3,470,767C$320,435
Property, plant and equipmentC$16,990C$0
Total assetsC$9,612,819C$1,056,166
DebtC$100,000C$0
Total liabilitiesC$1,411,625C$106,809
Shareholders' equityC$8,201,194C$949,357

* Calculated from the statement's own lines: the company did not print this total with a label.

Income statement: quarterly key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

3M Aug 20263M May 20263M Aug 20253M May 2025
General and administrativeC$247,965C$221,643C$62,874C$57,820
Share-based compensation—C$0—C$0
Net income (loss)(C$389,754)(C$328,539)(C$112,115)(C$94,731)

Cash flow statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Feb 2026FY Feb 2025
Operating cash flow(C$1,633,062)(C$340,565)
Investing cash flow(C$278,666)(C$468)
Financing cash flowC$6,895,093C$1,064,188
Exploration spending (capitalized)(C$286,983)(C$468)
Property, plant and equipment spending(C$16,990)C$0
Proceeds from share issuesC$6,603,000C$984,523
Change in cashC$4,983,365C$723,155
Cash at end of periodC$5,712,088C$728,723

Mercado Minerals Ltd. financings

4 financings announced or closed by Mercado Minerals Ltd., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2025-11-19Mercado Minerals Ltd. (MERC)Private placement, non-brokeredAnnounced$1.0M$0.200Mercado Minerals Announces Subsequent Non-Brokered Private Placement
2025-11-13Mercado Minerals Ltd. (MERC)Private placement, non-brokeredClosed, 1 tranche$5.6M$0.200Mercado Minerals Announces Non-Brokered Private Placement
2024-12-10Mercado Minerals Ltd. (MERC)Private placement, non-brokeredClosed, 1 tranche$811K$0.100Mercado Minerals Announces Non-Brokered Private Placement
2024-05-15Mercado Minerals Ltd. (MERC)Private placement, non-brokeredClosed, 1 tranche$174K$0.038Heartfield Announces Private Placement Financing

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