Twenty Mile Metals, Inc.
MILE.V
Toronto Stock Exchange Ventures0.19
CAD
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Twenty Mile Metals, Inc.
MILE.V
(Toronto Stock Exchange Ventures)
Recent
price
0.19
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Twenty Mile Metals Inc. is a Vancouver, British Columbia-based mineral exploration company engaged in the acquisition, exploration and advancement of precious-metals and critical-minerals properties in Canada. The Company’s principal asset is the wholly owned Twenty Mile Property, a 9,367-hectare exploration land package comprising eight mineral claims across nine discontinuous claim blocks known as Twenty Mile, Burn and Imperial, located in north-central British Columbia, approximately 122 kilometres north-northwest of Fort St. James and 224 kilometres northwest of Prince George, within the Quesnel Trough Porphyry Belt. Its core activities include geological mapping; geochemical and rock-chip sampling; geophysical surveying; target generation; drilling and other mineral-exploration programs designed to assess gold, precious-metal and critical-mineral potential. Twenty Mile Metals serves investors and stakeholders seeking exposure to early-stage mineral exploration and operates principally in British Columbia. The Company was formed through the spin-out of the Twenty Mile Project from J2 Metals Inc. under a court-approved plan of arrangement completed in April 2026, following which its common shares began trading on the TSX Venture Exchange under the symbol MILE in June 2026. In August 2026, the Company appointed Chris Beltgens as chief executive officer and Rakesh Malhotra as chief financial officer following the resignations of its former chief executive officer and chief financial officer. In September 2026, Twenty Mile Metals announced a proposed non-brokered private placement of up to 25,000,000 common shares at C$0.08 per share for gross proceeds of up to C$2.0 million, with proceeds intended for general exploration activities and general corporate purposes.