Canadian North Resources, Inc.

Canadian North Resources, Inc.

TTSXV:CNRI
0.24
CAD
+0.05
(+23.08%)
-0.01EPS
62.88MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
-0.01
-0.04
-0.06
-0.02
-0.01
- -
Free Cash Flow per Basic Share
- -
-0.02
-0.02
-0.03
-0.01
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.03
0.23
0.3
0.39
0.38
0.37
- -
Tangible Book Value per Share
0.03
0.23
0.3
0.39
0.38
0.37
- -
Basic Weighted Avg Shares
102
102
97
108
114
114
114
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
-1
-4
-6
-2
-1
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
17
9
5
1
-1
- -
LT Debt
- -
- -
- -
1
- -
- -
- -
Total Equity
3
23
31
45
43
43
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-11.31
-14.38
-16.81
-4.28
-1.66
- -

Capital Structure

CAD

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
114
114
114
Market Capitalization
80
63
21

Working Capital

CAD

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
1
- -
Payables & Accruals
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
- -
172.69%
-1.68%
Free Cash Flow
- -
98.78%
-68.7%
Net Income, GAAP
- -
95.33%
-62.32%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CAD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Earnings Per Share

CAD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.02
2025
- -
- -
-0.01
2026
- -
- -
- -

Semi-annual Dividends Per Share

CAD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Kaihui Yang
Full Time Employees
- -
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
299 Courtneypark Drive East Mississauga ON Canada L5T 2T6
IPO Date
Apr 7, 2022
Business
Canadian North Resources Inc. is a Canadian mining exploration and development company primarily engaged in advancing its 100% owned Ferguson Lake Project in the Kivalliq Region of Nunavut, Canada. The company focuses on the exploration and development of base metals including nickel, copper, and cobalt, as well as platinum-group metals such as palladium, platinum, and rhodium. Its Ferguson Lake Project features substantial indicated and inferred high-grade mineral resources with significant expansion potential, supported by infrastructure including an 825-meter gravel airstrip, an all-year camp for personnel, and onsite operational facilities. Canadian North Resources targets critical metals vital for the clean energy, electric vehicle, battery, and high-tech industries, positioning itself strategically within the clean energy transition market. Recent major developments include the continued evaluation and expansion of multiple metal processing technologies such as bioleaching and flotation tests aimed at producing market-ready battery-grade nickel and cobalt compounds, along with copper and platinum-group metals, from a low-cost, low-carbon footprint mining operation. The company has confirmed high extraction rates of nickel, cobalt, copper, palladium, and gold through bioleaching programs, indicating strong potential for efficient, low-energy consumption metallurgical processes. Canadian North Resources is actively pursuing exploration and permitting activities to advance to preliminary economic assessment and feasibility studies for mine development. As of late 2025, the company continues to engage investors and governmental agencies for funding and regulatory approvals to support these initiatives. Founded in 2013 and headquartered in Mississauga, Canada, Canadian North Resources operates exclusively in Canada, focusing on the resource-rich and geopolitically stable Nunavut territory. The company has invested over $190 million in exploration, metallurgy, and infrastructure at the Ferguson Lake Project, which covers approximately 9,686 hectares. Canadian North Resources was formerly known as Canadian North Resources and Development Corp. and adopted its current name in November 2020. Canadian North Resources Inc. remains focused on growing its mineral resources and advancing its project through drilling, metallurgical testing, and the development of comprehensive environmental and economic studies to support future mining operations with a low environmental impact footprint in line with stringent Canadian regulations.