Commerce Resources Corp.

Commerce Resources Corp.

CMRZF
Commerce Resources Corp.US flagOther OTC
0.09
USD
-0.03
- -
19.27MMarket Cap
Commerce Resources Corp.
CMRZF
(Other OTC)

Recent

price

0.09

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
-0.21
-0.18
-0.3
-0.01
-0.11
-0.08
-0.12
-0.04
-0.05
-0.03
-0.04
-0.02
-0.01
-0.01
-0.02
-0.16
-0.15
Basic EPS, GAAP
-0.15
-0.19
-0.95
-0.64
-0.15
-0.14
-0.42
-0.16
-0.1
-0.01
-0.07
-0.02
-0.03
-0.01
-0.01
-0.01
-0.02
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-1.3
-1.49
-1.69
2.96
2.66
2.76
2.27
2.1
1.77
1.63
1.65
1.17
0.8
0.68
0.66
0.23
0.2
Book Value per Share
3.43
3.3
3.67
3.38
3.13
3.22
2.67
2.45
2.09
1.93
1.95
1.39
0.94
0.79
0.78
0.29
0.25
Tangible Book Value per Share
13
13
14
15
17
18
21
24
29
31
32
45
75
90
99
182
201
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-3
-2
-4
- -
-2
-1
-2
-1
-2
-1
-1
-1
- -
-1
-2
-29
-30
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
18
11
8
5
2
5
-2
-2
-1
-2
- -
- -
4
- -
4
2
-1
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
45
43
51
50
52
57
57
59
61
60
62
63
70
72
77
53
51
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-52.49
Return on Capital (%)
- -
- -
- -
- -
-4.29
-3.14
-5.1
-2.15
-3.04
-1.57
-2.22
-1.57
-0.8
-1.19
-2.67
-53.38
-57.71
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Oct'24
Jan'25
Apr'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
212
212
212
Market Capitalization
22
14
13

Working Capital

FRC

in mil. unless spec.
Oct'24
Jan'25
Apr'25
Total Current Assets
4
2
1
Cash, Cash Equivalents & STI
3
1
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2
1
3
Payables & Accruals
1
1
3
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.01%
-1.68%
-30.78%
Free Cash Flow
88.71%
75.57%
355.5%
Net Income, GAAP
176.74%
342.75%
1,592.02%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
-0.01
- -
- -
-0.02
2024
- -
- -
-0.16
- -
-0.16
2025
- -
-0.01
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Business
Commerce Resources Corp. (TSX-V: CCE; OTCQX: CMRZF) is a Canadian mineral exploration and development company focused on rare earth elements, niobium, tantalum, and other critical minerals. The company holds interests in the Eldor Property and the Decoy Property, both located in Quebec, Canada, where it advances projects featuring high-grade rare earth oxide deposits, niobium-tantalum mineralization, and phosphate potential; it conducts exploration drilling, metallurgical testing, resource estimation, and feasibility studies to delineate indicated and inferred resources. Founded in 1999 and headquartered in Vancouver, British Columbia, Commerce Resources targets supply chain security for technology, renewable energy, and defense sectors through its Quebec-based assets, with no disclosed subsidiaries or parent relationships. In late 2024, the company reported positive metallurgical advancements at the Eldor Ashram Deposit, including optimized rare earth separation processes achieving over 90% recovery rates for neodymium-praseodymium oxides; it secured a strategic partnership with a major rare earth processor for pilot-scale production in early 2025. Additionally, Commerce Resources closed a C$5.2 million private placement funding round in March 2025 to support accelerated development and environmental permitting, marking a key expansion in its path toward commercial production amid rising global demand for critical minerals.

Company News

APIChatGPT
  • Commerce Resources sees strategic role for Ashram amid US rare earth push

  • Apex Critical Metals Advances Exploration Programs for New Projects in Eastern Canada

  • Appointment of Nicholas Holthouse as President & CEO

  • Commerce Resources Corp. Announces Grant of Stock Options Under Equity Incentive Plan

  • Commerce Resources Announces Change in Management

  • Commerce Resources Receives $2.6M CAD from Canada's Critical Minerals Infrastructure Fund for the Access Road to the Ashram REE/ Fluorspar Deposit, Quebec

  • Change to the Board of Directors

  • Commerce Confirms Significant Niobium Discovery, including 24 m of 0.91% Nb2O5, adjacent to the Ashram Rare Earth and Fluorspar Deposit in Quebec, Canada

  • Commerce Produces High-Grade Rare Earth Mineral Concentrate (36% REO) at Strong Recovery in Flotation Locked-Cycle Testing

  • Commerce Resources Discovers Knox Niobium Prospect by Drilling 69.4 m of 0.61% Nb2O5 and Extends Mineralization at the Miranna Prospect, Eldor Property, Quebec

  • Commerce Resources Drills 122.5 m at 0.62% Nb2O5 at the Mallard Prospect, Eldor Property, Quebec

  • Highly Experienced Mining Executive Ross Carroll Appointed as President and CEO of Commerce Resources Corp. to Drive Development of World-Class Ashram Rare Earths and Fluorspar Project

  • Commerce Resources Corp. Announces Extension to Private Placement of up to 16,000,000 Units to Raise Gross Proceeds of up to $2,016,000

  • Commerce Resources Files NI 43-101 Technical Report for the Ashram Rare Earth Element & Fluorspar Deposit, Eldor Property, Quebec, Canada

  • Commerce Resources Commences Summer Diamond Drill Program Targeting Niobium Prospects at the Eldor Property, Nunavik, Quebec

  • Commerce Resources Completes Sale of Blue River Property

  • Commerce Resources Announces Publication of Paper on Rare Earth Mineral Processing

  • Commerce Resources Announces Significant Advancements and Simplification of the Ashram Deposit's Process Flowsheet

  • Commerce Resources Announces Appointment of Patrik Schmidt as Vice President of Exploration

  • Commerce Resources Appoints Australian Critical Metals Professional to Board of Directors