Strategic Metals Ltd. (SMD) Financings
TSXV: SMD · Unspecified · Royalty/Streaming stage
- Market cap$34.4M
- Share price$0.310
- 52-week range$0.215 – $0.470
- Shares outstanding111,055,967
- ExchangeTSXV
- Websitewww.strategicmetalsltd.com
Strategic is a project generator with 16 royalty interests, 14 projects under option to others, and a portfolio of approximately 80 wholly owned projects that are the product of over 50 years of focussed exploration and research by a team with a track record of major discoveries. Projects available for option, joint venture or sale include drill-confirmed prospects and drill-ready targets with high-grade surface showings and/or geochemical anomalies and geophysical features that resemble those at nearby deposits. Strategic has a current cash position of approximately $5 million and large shareholdings in several active mineral exploration companies including 32% of Broden Mining Ltd., 30.3% of GGL Resources Corp., 28% of Rockhaven Resources Ltd., 15.5% of Silver Range Resources Ltd., and 4.3% of Trifecta Gold Ltd. All these companies are engaged in promising exploration projects. Strategic also owns 15 million shares of Terra CO2 Technologies Holdings Inc.
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Strategic Metals Ltd. financial statements
Key figures read from 41 of 41 financial statement filings, Mar 6, 2017 to Aug 26, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$2,468,044 | C$1,983,982 | C$3,382,995 | C$7,266,055 | C$8,531,049 |
| Short-term investments | C$4,597,729 | C$2,844,938 | C$3,809,476 | C$5,351,785 | C$8,022,126 |
| Total current assets | C$79,480,094 | C$85,412,700 | C$85,897,698 | C$83,276,247 | C$77,201,738 |
| Total current liabilities | C$325,473 | C$309,105 | C$441,963 | C$1,228,287 | C$652,641 |
| Working capital | C$79,154,621 | C$85,103,595 | C$85,455,735 | C$82,047,960 | C$76,549,097 |
| Exploration and evaluation assets | C$70,804,728 | C$79,272,802 | C$79,409,916 | C$76,669,681 | C$72,058,411 |
| Property, plant and equipment | — | — | — | C$0 | C$14,115 |
| Total assets | C$86,700,332 | C$90,842,464 | C$93,236,961 | C$96,187,547 | C$94,077,211 |
| Debt | — | C$0 | C$60,000 | C$60,000 | C$60,000 |
| Total liabilities | C$3,862,460 | C$5,426,700 | C$6,191,499 | C$7,398,863 | C$7,038,981 |
| Shareholders' equity | C$82,837,872 | C$85,415,764 | C$87,045,462 | C$88,788,684 | C$87,038,230 |
Income statement: annual key figures
Canadian dollars (C$), 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 | |
|---|---|---|---|---|---|
| General and administrative | C$192,964 | C$196,409 | C$188,041 | C$209,249 | C$212,540 |
| Share-based compensation | C$612,102 | C$358,618 | C$659,227 | C$543,194 | C$610,450 |
| Impairments and write-downs | (C$9,290,277) | (C$1,330,004) | C$0 | (C$1) | (C$551,242) |
| Net income (loss) | (C$3,734,082) | (C$3,346,834) | (C$3,040,093) | (C$4,907,054) | (C$5,040,845) |
Cash flow statement: annual key figures
Canadian dollars (C$), 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$1,290,312)* | (C$1,355,132)* | (C$1,439,496)* | (C$1,847,545)* | (C$1,496,310)* |
| Investing cash flow | C$715,877* | (C$1,097,606)* | (C$3,338,204)* | (C$8,174,964)* | (C$8,398,654)* |
| Financing cash flow | C$1,058,497* | C$1,053,725* | C$894,640* | C$8,757,515* | C$2,181,704* |
| Exploration spending (capitalized) | (C$1,201,292) | (C$1,825,076) | (C$4,155,295) | (C$7,365,378) | (C$8,575,686) |
| Change in cash | C$484,062 | (C$1,399,013) | (C$3,883,060) | (C$1,264,994) | (C$7,713,260) |
| Cash at end of period | C$2,468,044 | C$1,983,982 | C$3,382,995 | C$7,266,055 | C$8,531,049 |
* Calculated from the statement's own lines: the company did not print this total with a label.
No financings are on record for Strategic Metals Ltd. yet.