Metalsource Mining Inc. (MSM) Financials
CSE: MSM · Gold, Copper · Exploration stage
- Market cap$46.6M
- Share price$0.590
- 52-week range$0.285 – $2.29
- Shares outstanding79,032,898
- ExchangeCSE
- Properties4
- Websitewww.metalsourcemining.com
Metalsource Mining Inc. is engaged in acquisition, exploration and development of mineral property assets in Canada. The Company’s objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Old Timer Property. The Old Timer Property is located 17 km southeast of Nelson, in the Nelson Mining Division of southern British Columbia.
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Metalsource Mining Inc. financial statements
Key figures read from 7 of 7 financial statement filings, Oct 28, 2022 to Oct 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$5,096,172 | C$64,842 | C$17,688 | C$138,484 | C$48,052 |
| Total current assets | C$5,460,724* | C$73,564* | C$21,089* | C$205,841* | C$193,822* |
| Exploration and evaluation assets | C$8,641,299 | C$2,639,270 | C$2,728,378 | C$314,229 | C$166,112 |
| Property, plant and equipment | C$20,964 | — | — | — | — |
| Total assets | C$14,122,987 | C$2,712,834 | C$2,749,467 | C$520,070 | C$359,934 |
| Shareholders' equity | C$13,235,753 | C$2,649,152 | C$2,520,345 | C$479,180 | C$183,407 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jun 2026 | FY Jun 2025 | FY Jun 2024 | FY Jun 2023 | FY Jun 2022 | |
|---|---|---|---|---|---|
| General and administrative | C$1,032,127 | C$356,453 | C$373,326 | C$341,078 | C$65,642 |
| Share-based compensation | C$8,391,929 | — | — | — | — |
| Net income (loss) | (C$10,905,606) | (C$702,491) | (C$763,735) | (C$638,025) | (C$217,815) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jun 2026 | FY Jun 2025 | FY Jun 2024 | FY Jun 2023 | FY Jun 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$2,788,283) | (C$564,445) | (C$263,274) | (C$695,249) | (C$77,237) |
| Investing cash flow | (C$3,846,557) | (C$138,423) | (C$90,922) | (C$14,617) | — |
| Financing cash flow | C$11,666,170 | C$750,000 | C$233,400 | C$800,298 | (C$123,203) |
| Exploration spending (capitalized) | (C$3,824,096) | (C$138,423) | (C$90,922) | (C$14,617) | — |
| Property, plant and equipment spending | (C$22,461) | — | — | — | — |
| Proceeds from share issues | C$10,870,000 | C$750,000 | C$233,400 | — | — |
| Change in cash | C$5,031,330 | C$47,154 | (C$120,796) | C$90,432 | (C$220,262) |
| Cash at end of period | C$5,096,172 | C$64,842 | C$17,688 | C$138,484 | C$48,052 |
No financings are on record for Metalsource Mining Inc. yet.
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