Montero Mining and Exploration Ltd (MON) Financials
TSXV: MON · Copper, Molybdenum, Gold · Exploration stage
- Market cap$4.7M
- Share price$0.420
- 52-week range$0.365 – $0.880
- Shares outstanding11,181,106
- ExchangeTSXV
- Websitewww.monteromining.com
Montero holds a 100% interest in the Avispa copper-molybdenum project in the Palaeocene Porphyry Cu-Mo Belt of northern Chile and has options to acquire the Elvira and Potrero gold projects in the Maricunga Gold Belt. The Company is currently drilling the Elvira Gold Project and advancing exploration at its other Chilean projects. Montero is listed on the TSX Venture Exchange under the symbol MON and has 8,453,833 common shares and 735,383 stock options outstanding.
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Montero Mining and Exploration Ltd financial statements
Key figures read from 40 of 40 financial statement filings, Nov 10, 2016 to Aug 31, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$16,742 | C$417,527 | C$9,641 | C$4,718 | C$241,178 |
| Total current assets | C$2,332,501 | C$20,898,016 | C$42,737 | C$38,140 | C$295,649 |
| Total current liabilities | C$292,685 | C$745,720 | C$1,623,089 | C$759,292 | C$438,969 |
| Working capital | C$2,039,816 | C$20,152,296 | (C$1,580,352) | (C$721,152) | (C$143,320) |
| Exploration and evaluation assets | C$1,170,862 | C$768,625 | C$819,541 | C$559,694 | C$474,835 |
| Property, plant and equipment | C$2,462 | C$4,925 | C$431 | C$624 | C$906 |
| Total assets | C$3,505,825 | C$21,671,566 | C$862,709 | C$598,458 | C$771,390 |
| Debt | C$0 | C$216,986 | C$266,120 | — | — |
| Shareholders' equity | C$3,213,140 | C$20,925,846 | (C$760,380) | (C$160,834) | C$332,421 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | — | — | — | (C$294,965) | (C$1,018,964) |
| General and administrative | C$1,770,077 | C$307,321 | C$354,628 | C$237,246 | C$327,505 |
| Share-based compensation | C$39,906 | C$1,449,233 | — | — | — |
| Net income (loss) | (C$2,715,719) | C$17,877,061 | (C$599,546) | (C$493,255) | (C$1,369,525) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | C$16,764,046 | (C$788,434) | (C$122,323) | (C$172,199) | (C$329,392) |
| Investing cash flow | (C$1,910,952) | (C$733,617) | (C$397,272) | (C$340,226) | (C$1,168,525) |
| Financing cash flow | (C$15,253,879) | C$1,929,937 | C$524,518 | C$275,965 | C$35,000 |
| Exploration spending (capitalized) | (C$402,058) | (C$228,245) | (C$397,272) | (C$340,226) | (C$1,168,525) |
| Property, plant and equipment spending | C$0 | (C$5,372) | — | — | — |
| Proceeds from share issues | C$0 | C$2,107,203 | — | — | C$0 |
| Change in cash | (C$400,785) | C$407,886 | C$4,923 | (C$236,460) | (C$1,462,917) |
| Cash at end of period | C$16,742 | C$417,527 | C$9,641 | C$4,718 | C$241,178 |
No financings are on record for Montero Mining and Exploration Ltd yet.