Monarca Minerals Inc. (MMN) Financials
TSXV: MMN · Gold, Silver · Exploration stage
- Market cap$1.9M
- Share price$0.015
- 52-week range$0.005 – $0.045
- Shares outstanding126,554,606
- ExchangeTSXV
- Properties4
- Websitewww.monarcaminerals.com
Monarca Minerals Inc is in the process of exploring and evaluating its exploration and evaluation property interests in Mexico. Its project portfolio includes Tejamen, San Lucas, San Jose, and El Sol. The primary focus of new work at Tejamen consists of follow up core drilling. Outcrop sampling identified two parallel gold-silver zones, known as the El Doctor zone (Noche Buena). Several small mines exist on the El Sol concession. It is a historical mining area since the 1600s and is in the Avino Mining District.
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Monarca Minerals Inc. financial statements
Key figures read from 36 of 36 financial statement filings, Oct 31, 2016 to Oct 30, 2025. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$66,698 | C$7,127 | C$29,294 | C$498,658 | C$1,769,640 |
| Short-term investments | C$1,000 | C$1,000 | C$10,000 | C$25,000 | — |
| Total current assets | C$86,452 | C$23,267 | C$88,418 | C$710,324 | — |
| Property, plant and equipment | C$6,406 | C$9,181 | C$10,569 | C$11,219 | C$12,015 |
| Total assets | C$92,858 | C$32,448 | C$98,987 | C$721,543 | C$2,157,377 |
| Debt | C$853,685 | C$853,685 | C$853,685 | C$853,685 | C$853,685 |
| Total liabilities | C$5,340,850 | C$4,277,024 | C$3,423,180 | C$2,924,741 | C$2,640,608 |
| Shareholders' equity | (C$5,247,992) | (C$4,244,576) | (C$3,324,193) | (C$2,203,198) | (C$483,232) |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Nov 2024 | FY Nov 2023 | FY Nov 2022 | FY Nov 2021 | FY Nov 2020 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$57,006 | C$238,429 | C$452,289 | C$1,408,938 | C$479,641 |
| General and administrative | C$267,836 | C$263,997 | C$350,823 | C$495,619 | C$689,564 |
| Net income (loss) | (C$736,640) | (C$920,383) | (C$1,120,996) | (C$2,657,111) | (C$894,708) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Nov 2024 | FY Nov 2023 | FY Nov 2022 | FY Nov 2021 | FY Nov 2020 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$97,987) | (C$101,167) | (C$478,539) | (C$1,765,482) | (C$878,507) |
| Investing cash flow | C$3,199 | C$9,000 | C$9,175 | (C$25,000) | — |
| Financing cash flow | C$154,359 | C$70,000 | C$0 | C$519,500 | C$2,644,490 |
| Property, plant and equipment spending | — | C$0 | (C$5,825) | — | — |
| Proceeds from share issues | — | — | — | C$0 | — |
| Change in cash | C$59,571 | (C$22,167) | — | — | — |
| Cash at end of period | C$66,698 | C$7,127 | C$29,294 | C$498,658 | C$1,769,640 |
No financings are on record for Monarca Minerals Inc. yet.