Target Metals Corp. (TARG) Financings
CSE: TARG · Copper · Exploration stage
- Market cap$408K
- Share price$0.120
- 52-week range$0.020 – $0.600
- Shares outstanding3,402,700
- ExchangeCSE
Target Metals Corp. is an exploration stage natural resource company engaged in the evaluation, acquisition and exploration of mineral resource properties with the intention, if warranted, of placing them into production. Target Metal currently has an option to acquire a 100% interest in its principal project, the SAT Property, a series of copper prospective claims located in west‑central British Columbia, approximately 10 kilometres west of the town of Granisle, British Columbia.
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Target Metals Corp. financial statements
Key figures read from 4 of 4 financial statement filings, Jun 16, 2023 to Jun 25, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Feb 2026 | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$82,497 | C$229,267 | C$375,565 | C$828,252 | C$1,208,794 |
| Short-term investments | — | — | — | C$0 | C$24,000 |
| Total current assets | C$89,251* | C$230,443 | C$411,361 | C$901,768 | C$1,217,555 |
| Exploration and evaluation assets | C$470,495 | C$1,256,503 | C$1,241,294 | C$389,790 | C$343,375 |
| Total assets | C$559,746 | C$1,486,946 | C$1,652,655 | C$1,291,558 | C$1,584,930 |
| Debt | — | C$0 | C$132,740 | — | — |
| Total liabilities | — | C$358,426 | C$426,574 | — | — |
| Shareholders' equity | C$107,122 | C$1,128,520 | C$1,226,081 | C$1,042,162 | C$1,536,229 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Feb 2026 | FY Feb 2025 | FY Feb 2024 | FY Feb 2023 | FY Feb 2022 | |
|---|---|---|---|---|---|
| General and administrative | C$120,522 | C$38,860 | C$85,106 | C$239,332 | C$95,637 |
| Share-based compensation | C$0 | (C$64,505) | C$189,973 | C$202,532 | C$0 |
| Net income (loss) | (C$1,051,398) | — | — | — | — |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Feb 2026 | FY Feb 2025 | FY Feb 2024 | FY Feb 2023 | FY Feb 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$126,130)* | C$1,778 | (C$66,410) | — | (C$235,358)* |
| Investing cash flow | — | (C$15,336) | (C$146,277) | — | (C$87,500)* |
| Financing cash flow | C$30,000* | (C$132,740) | (C$240,000) | — | C$405,392* |
| Exploration spending (capitalized) | — | (C$15,336) | (C$12,891) | — | (C$63,500) |
| Change in cash | (C$146,770) | (C$146,298) | (C$452,687) | (C$380,542) | C$82,534 |
| Cash at end of period | C$82,497 | C$229,267 | C$375,565 | C$828,252 | C$1,208,794 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Target Metals Corp. financings
1 financing announced or closed by Target Metals Corp., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-01-22 | Target Metals Corp. (TARG) | Private placement, non-brokered | Closed, 1 tranche | $30K | $0.030 | Target Metals Announces Private Placement |