Highbank Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily mines for sand and gravel resources. The company holds interest in the Swamp Point North sand and gravel quarry located in Portland Canal, British Columbia. It also holds an option agreement to acquire Terra Nova property located in Newfoundland and Labrador. Highbank Resources Ltd. was incorporated in 1980 and is headquartered in Vancouver, Canada.
Research context
Highbank Resources Ltd appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
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5 years, 6 months ago
Highbank Resources Ltd is currently in a long term downtrend where the price is trading 14.5% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Highbank Resources Ltd's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 63.7% to $-301K since the same quarter in the previous year.
Finally, its free cash flow fell by 33.7% to $-220K since the same quarter in the previous year.
Based on the above factors, Highbank Resources Ltd gets an overall score of 1/5.