Grid Metals Corp.

Grid Metals Corp.

0.23
CAD
+0.01
(+2.27%)
-0.02EPS
25.63MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
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
0.01
-0.02
-0.1
-0.01
- -
-0.02
-0.02
-0.05
-0.04
- -
-0.06
-0.03
-0.01
-0.02
Free Cash Flow per Basic Share
-0.08
-0.01
-0.02
- -
-0.05
-0.03
-0.02
-0.08
-0.04
-0.03
-0.05
-0.04
-0.01
-0.02
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.25
1.16
1.02
1.01
0.71
0.68
0.02
0.03
0.03
0.07
0.03
- -
0.01
- -
Tangible Book Value per Share
1.25
1.16
1.02
1.01
0.71
0.68
0.02
0.03
0.03
0.07
0.03
- -
0.01
- -
Basic Weighted Avg Shares
23
23
26
26
28
42
43
59
88
125
170
204
210
220
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
Net Income, GAAP
- -
- -
-3
- -
- -
-1
-1
-3
-4
- -
-10
-6
-2
-4
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
-1
-1
3
1
1
3
3
11
4
- -
2
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
- -
- -
- -
Total Equity
29
29
26
26
30
29
1
2
2
12
6
- -
2
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-10.51
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.9
- -
- -
- -
- -
Return on Common Equity (%)
0.42
-1.34
-9.53
-1.11
-0.12
-3.54
-4.41
-183.96
-154.59
3.94
-117.84
-192.35
-245.82
-4,982.17

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
233
233
233
Market Capitalization
33
27
26

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3
2
1
Cash, Cash Equivalents & STI
3
2
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
1
1
Payables & Accruals
1
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
112.59%
211.3%
838.19%
Free Cash Flow
160.04%
2.22%
-72.2%
Net Income, GAAP
-87.61%
-810.44%
-62.32%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

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

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
- -
-0.01
-0.01
-0.03
2025
- -
- -
- -
-0.01
-0.01
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

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

Company Description

CEO
Robin Edward Dunbar
Full Time Employees
9
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
3335 Yonge Street Toronto ON Canada M4N 2M1
IPO Date
Jul 10, 1995
Business
Grid Metals Corp. is a Canadian exploration and development company focused on critical and battery-related metals. The company primarily explores and develops mineral properties in southeastern Manitoba, Canada, with a diversified portfolio that includes lithium, cesium, nickel, copper, cobalt, and platinum group metals. Its core projects are located in the Bird River area and include the Donner lithium project (held 75% under a joint venture), the Falcon West Lithium/Cesium Property, the Makwa-Mayville copper/nickel project, and other base and precious metal assets such as the East Bull Lake palladium project and the Bird River Property. Grid Metals specializes in the exploration of lithium and rare metals crucial for energy storage and battery technologies, alongside copper, nickel, and platinum group metals essential for various industrial applications. The company manufactures and sells exploration data and mineral resources with a key focus on advancing lithium and cesium projects, including high-grade cesium deposit exploration at the Falcon West site. Grid Metals also provides development and operational services for mineral projects and recently entered into strategic partnerships to advance its projects. Notably, the company signed a cesium supply agreement with Tantalum Mining Corporation of Canada Limited (Tanco) in early 2025, supporting cesium exploration and potential near-term cash flow through toll milling. Additionally, it executed a joint venture and option agreement with Teck Resources Limited to fund and develop the Makwa nickel project, enhancing its technical expertise and financial backing. Recent major changes include a successful C$4.03 million financing round in 2025 led by a strategic investor, receipt of a drill permit for the Falcon West cesium property, and the announcement of high-grade cesium discoveries in its 2025 drilling program at Falcon West. Most significantly, Grid Metals was acquired by Lithium Royalty Corp. in late 2025, marking a strategic expansion for Lithium Royalty Corp. beyond royalties into direct resource development. This acquisition affirms Grid Metals' importance in the critical minerals sector, particularly in lithium and cesium resources, and is expected to accelerate project development timelines while leveraging synergies between both companies. Founded in 2006 and headquartered in Toronto, Ontario, Grid Metals operates primarily in Canada but targets markets involved in battery metals, clean energy storage, and industrial metal supply chains. The company’s operations attract strategic investors and partners focused on critical mineral production essential to the global transition to sustainable energy technologies. Grid Metals Corp. remains active in exploration, development, and securing strategic alliances to position itself as a significant player in the supply of battery metals and critical energy materials in North America. Its evolving project portfolio and recent acquisition position it strongly for growth within the growing demand environments for lithium, cesium, nickel, copper, and associated metals.

Company News

  • Grid Announces Adoption of Advance Notice By-Law and Provides Shareholder Meeting Update

  • Grid Metals Corp. (OTCMKTS:MSMGF) Stock Short Interest Declines 67.1%

  • Grid Metals Provides Project Update at Its Falcon West Cesium Project; Grants Incentive Options

  • CEO.CA's Inside the Boardroom: Grid Metals Delivers "Globally Significant" Cesium Resource Estimate

  • Grid Metals Announces Maiden Cesium Resource at Falcon West; Establishes Lucy South Cesium Deposit as the World's Second Largest Cesium Resource in Active Development

  • Grid Metals to Participate in Upcoming Investor Conferences

  • Grid Metals Engages ICP Securities Inc. for Automated Market Making Services

  • Grid Metals Announces Positive Mineralogical Results at Falcon West, Engages SGS Canada for Ore Sorting Test Work, and Announces Investor Relations Agreements

  • Grid Metals Commissions Mineral Resource Estimate for Falcon West; Announces Final Assays from Phase 2 Drill Program

  • Grid Metals Announces TSX Venture Approval for Falcon West Cesium Project Joint Venture

  • Grid Metals Enters Into Joint Venture Agreement with Avenir Minerals for Falcon West Cesium Project

  • Grid Metals Corp. Provides Update on Makwa Nickel-Copper-PGE Project

  • Grid Metals Announces TSX Venture Approval for Thompson East Copper/Nickel Project Earn-In Transaction

  • Grid Metals Reports Second Batch of Assays from its Phase 2 Drill Program at Falcon West; Cesium Mineralization Intercepted 75 m North of Lucy South Target Area

  • Grid Metals and Boliden Sign $10 Million Earn-In Agreement for the Thompson East Copper/Nickel Project in Northern Manitoba

  • Grid Metals Reports First Assays From Its Phase 2 Drill Program at Falcon West Including 12.9% Cs2O Over 3.8m

  • Grid Metals Reports Final Assays from its 2025 Drill Program at Falcon West Including 20.45% Cs20 over 3.3m; Announces Participation at PDAC

  • Grid Metals Continues to Expand Cesium Mineralization at Falcon West

  • Grid Metals Reports Best Intercept to Date at Falcon West Cesium Project of 16.5% Cs2O over 3.45m

  • Grid Metals Intersects High-Grade Cesium at the Falcon West Cesium Project including 14.0% Cs2O over 3.01m