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Voyageur Mineral Explorers Corp.

Voyageur Mineral Explorers Corp.

VOY.CN
Voyageur Mineral Explorers Corp.CA flagCanadian Securities Exchange
0.84
CAD
-0.01
- -
6.83MMarket Cap
Voyageur Mineral Explorers Corp.
VOY.CN
(Canadian Securities Exchange)

Recent

price

0.84

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
-0.1
0.14
-0.2
-0.06
-0.19
-0.01
-0.04
-0.02
-0.04
-0.01
-0.05
-0.09
-0.04
-0.02
-0.01
-0.01
- -
Basic EPS, GAAP
-0.25
-0.39
-0.4
-0.12
-0.06
-0.04
-0.04
-0.03
-0.04
-0.03
-0.06
-0.08
-0.04
-0.01
-0.01
-0.01
-0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.56
-0.2
-0.33
-0.33
-0.5
-0.49
-0.49
0.62
0.54
-0.03
-0.02
-0.02
-0.02
- -
-0.01
-0.01
0.02
Book Value per Share
1.57
1.29
1.03
0.93
0.73
0.7
0.66
0.63
0.58
- -
0.01
0.03
0.03
0.04
0.03
0.03
0.05
Tangible Book Value per Share
4
7
9
11
11
11
12
12
14
15
16
24
29
32
32
32
32
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
1
-2
-1
-2
- -
- -
- -
-1
- -
-1
-2
-1
-1
- -
- -
- -
Net Income, GAAP
- -
29.67
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
1
4
3
3
1
1
- -
- -
- -
- -
- -
1
1
1
1
1
2
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
6
9
10
10
8
8
8
8
8
- -
- -
1
1
1
1
1
2
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
-54.18
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
71.76
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
-7.17
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Aug'24
Nov'24
May'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
32
33
Market Capitalization
15
19
18

Working Capital

FRC

•

in mil. unless spec.
Aug'24
Nov'24
May'25
Total Current Assets
1
1
2
Cash, Cash Equivalents & STI
1
1
2
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
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
-5.49%
82.73%
-18.53%
Free Cash Flow
11.47%
-2.34%
13.23%
Net Income, GAAP
40.66%
0.82%
-27.98%
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
2024
- -
- -
- -
- -
-0.01
2025
0.01
-0.01
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
Voyageur Mineral Explorers Corp. is a Canadian junior mineral exploration company focusing on the acquisition, exploration, and development of mineral properties, primarily base metals and gold, in Northwest Manitoba and Northeast Saskatchewan. The Company owns a portfolio of royalties and exploration stage properties in the Flin Flon greenstone belt, including a net tonnage royalty on a portion of Foran Mining Corporation’s McIlvenna Bay Project (comprising the McIlvenna Bay Deposit and Tesla Zone), a net smelter returns (NSR) royalty on Foran’s Bigstone Deposit, and an NSR royalty on portions of Callinex Mines Inc.’s Pine Bay Project including the Rainbow Deposit. Other key project areas include Big Island Properties, Alberts Lake Properties, Mink Narrows Properties, Gold Rock-North Star Property, and Hanson Lake Mine Area. Founded with a focus on identifying and evaluating high-quality copper-gold-zinc targets, all properties are currently at the exploration stage with no option payments or work commitments to third parties. In the past two years, Voyageur has undergone significant strategic changes highlighted by its August 2025 definitive agreement to complete a reverse take-over through a business combination with Evolve Strategic Element Royalties Ltd., creating a stronger, diversified emerging copper royalty platform. This transaction includes the consolidation of share capital on a one-for-four basis and aims to leverage a portfolio anchored by royalties on major Canadian copper mines such as Highland Valley Copper and Copper Mountain, alongside exposure to the upcoming McIlvenna Bay project. In 2025, Voyageur and Evolve successfully completed an upsized brokered financing totaling $37.5 million to support the combined entity's growth and expansion strategy. These actions position Voyageur to capitalize on copper market opportunities while diversifying its royalty interests across multiple jurisdictions, operators, and development stages. The company's headquarters are in Canada, and it continues to target strategic expansions in its exploration and royalty portfolio within the country.