Route 109 Resources Inc.

Route 109 Resources Inc.

MRIRF
Route 109 Resources Inc.US flagOther OTC
0.08
USD
- -
- -
1.34MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
-0.41
-0.16
-0.89
-0.43
-0.06
-0.02
-0.03
-0.01
-0.01
Free Cash Flow per Basic Share
- -
-0.31
-0.15
-0.42
-0.93
-0.24
-0.24
-0.07
-0.06
-0.03
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
0.35
0.1
0.35
2.28
1.81
1.7
1.52
0.8
0.79
Tangible Book Value per Share
- -
0.45
0.2
0.63
2.51
2.05
1.96
1.73
0.91
0.9
Basic Weighted Avg Shares
- -
1
1
1
5
7
7
9
17
17
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
- -
-1
-2
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
1
2
1
- -
1
- -
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
- -
- -
1
13
14
14
15
15
15
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-170.16
-87.65
-400.33
-36.23
-3.46
-0.94
-2.19
-1.76
-1.48

Capital Structure

FRC

in mil. unless spec.
Aug'25
Nov'26
Feb'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17
17
17
Market Capitalization
3
2
2

Working Capital

FRC

in mil. unless spec.
Aug'25
Nov'26
Feb'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
1
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
304.62%
-1.54%
Free Cash Flow
- -
147.97%
60.32%
Net Income, GAAP
- -
14.34%
-16.72%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.01
-0.01
- -
-0.03
2025
- -
- -
- -
- -
-0.01
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Robert Pryde
Full Time Employees
2
Sector
Basic Materials
Industry
Gold
Address
999 West Hastings Street Vancouver BC Canada V6C 2W2
IPO Date
Jul 30, 2020
Business
Route 109 Resources Inc. Route 109 Resources Inc. (TSXV: RTE; OTCQB: MRIRF) is a junior Canadian mineral exploration company focused on acquiring, exploring, and developing gold, copper, and base metal projects in the mining-friendly jurisdiction of Quebec, Canada. The company holds 100% interests in two key properties within the prolific Abitibi greenstone belt: the King Tut Project, comprising approximately 120 contiguous claims spanning 5,206 hectares in the Matagami District near the Nuvau Matagami Lake Mine Mill; and the Dunlop Bay Project, covering 76 mineral claims over 4,226 hectares in the Abitibi Gold Belt, targeting volcanic massive sulphide (VMS), gold, porphyry-style Au-Cu-Mo mineralization, and related intrusions. Founded in 2017 and headquartered at Suite 2700, 1177 W. Hastings Street, Vancouver, British Columbia, Canada, Route 109 Resources serves global customers through its exploration activities in this historically productive region. In recent developments, the company completed a name change from BMEX Gold Inc. effective October 4, 2024, along with a trading symbol update to RTE and a prior 10:1 share consolidation in March 2024; closed a non-brokered private placement in August 2024 raising $1.2 million in flow-through and non-flow-through units; and reported positive results from its 2025 winter drilling program at Dunlop Bay, including intersections confirming a porphyry-style Au-Cu-Mo system and semi-massive sulfides assaying up to 1.03% Cu, 1.28 g/t Au, 4947 ppm Mo, and 6.58 g/t Ag.

Company News

APIChat
  • Route 109 Confirms Prophyry-Style Gold-Copper-Molybdenum Mineralization at Dunlop Bay

  • Route 109 Intersects 5.05 m at 1.03% Copper, 1.28 g/t Gold, 4947 ppm Molibdenum and 6.58 g/t Silver at Dunlop Bay

  • Route 109 Commences Winter Drill Program at Dunlop Bay Targeting VMS and Gold

  • Route 109 Resources Inc. Announces Results from its 2024 Annual Meeting of Shareholders

  • BMEX Gold Announces Closing of Financing

  • BMEX Gold Announces Update to Listed Issuer Financing Exemption (LIFE) Financing

  • BMEX Gold Announces Listed Issuer Financing Exemption (LIFE) Financing for Non-Brokered Private Placement

  • BMEX Gold Inc. Announces Financing

  • BMEX Gold Inc. Announces Financing

  • BMEX Gold Announces Fall Exploration Program Targeting Precious Metal Rich VMS At Dunlop Bay, Quebec

  • BMEX Gold Announces Financing

  • BMEX Launches 2023 Summer Exploration Program at Dunlop Bay's Marcelle-Rolande-Edith Gold-Bearing Trend

  • BMEX Gold unveils flow-through financing to raise up to C$700,000 to advance Dunlop Bay project

  • BMEX Gold reports encouraging visual results from first two holes at maiden program at Dunlop Bay

  • BMEX Gold reveals start of 3,000m drill program at Dunlop Bay project, Quebec

  • BMEX Gold says recently completed field work at Dunlop Bay has 'exceeded' expectations ahead of Fall drilling

  • BMEX Gold reviews Dunlop Bay ground electro magnetic survey results and kicks off field campaign

  • BMEX Gold discovers Luxor gold zone at King Tut and announces its 2022 exploration program

  • BMEX Gold awaiting results after completing 3,000m drill program at King Tut project in Quebec

  • BMEX Gold says it will test shear zone at King Tut as it starts second phase drill program