Mustang Minerals Limited

MMX · V · Basic Materials / Other Precious Metals & Mining

0.035CAD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close0.035

Open0.035

Day Range0.035 – 0.035

52-Week Range0.045 – 0.12

Volume16.00K

Market Cap3.69M

P/E (TTM)0.00

Forward P/E0.00

EPS-0.01

Dividend Yield0.00%

Beta2.69

50-Day Avg0.0648

200-Day Avg0.0719

About

Mustang Minerals Limited engages in the acquisition, exploration and development of mineral resource properties in Mexico. The company explores for gold, copper, silver, molybdenum, and other precious metal deposits. It holds a 100% interest in the El Cobre property that includes 9 mineral concessions covering an area of approximately 11,864.4 hectares located in Veracruz, Mexico. The company was formerly known as Azucar Minerals Ltd. and changed its name to Mustang Minerals Limited in March 2026. Mustang Minerals Limited was incorporated in 2015 and is based in Vancouver, Canada.

Company Details

SectorBasic Materials
IndustryOther Precious Metals & Mining
CEODr. Morgan James Poliquin M.Sc., P.Eng., Ph.D.
Headquarters1333 Johnston Street, Vancouver, BC, Canada, V6H 3R9, Canada
Websitehttps://www.mustang-minerals.com

Leadership

Mr. James Duane Poliquin P.Eng.Founder & Chairman · b. 1941
Dr. Morgan James Poliquin M.Sc., P.Eng., Ph.D.President, CEO & Director · b. 1972
Mr. Korm Trieu C.A., CPAChief Financial Officer · b. 1965
Dr. Osbaldo Zamora Vega P.Geo., Ph.D.Director of Exploration

Financials

Income Statement

Currency: CAD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	0	0	0	0	0
Cost of Revenue	21.70K	17.89K	14.91K	10.24K	1.43K
Gross Profit	-21.70K	-17.89K	-14.91K	-10.24K	-1.43K
Operating Expense	979.13K	478.33K	499.90K	348.33K	663.05K
Operating Income	-1.00M	-496.22K	-514.81K	-358.58K	-664.48K
EBITDA	-	-478.33K	-499.90K	-348.33K	-663.05K
Net Income	-979.43K	-431.81K	-23.15M	498.19K	-710.82K

Balance Sheet

Currency: CAD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	24.66M	24.35M	1.26M	1.80M	1.14M
Total Liabilities	145.97K	190.34K	45.07K	73.04K	127.25K
Total Equity	24.52M	24.16M	1.22M	1.72M	1.01M
Cash	2.12M	1.19M	1.13M	1.74M	899.32K

Cash Flow

Currency: CAD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-702.87K	-266.57K	-336.38K	-229.11K	-652.17K
Capital Expenditure	1.61M	0	0	0	0
Free Cash Flow	-702.87K	-266.57K	-336.38K	-229.11K	-652.17K
FCF to OCF	100.00%	100.00%	100.00%	100.00%	100.00%

Earnings

Report Date	Nov 12, 2026
EPS Estimate	-
EPS Actual	-
Surprise	-
Timing	After-hours

Key Statistics & Ratios

Market Cap3.69M

Enterprise Value2.25M

Trailing P/E0.00

Forward P/E0.00

Price / Sales20.87

Price / Book4.78

EPS-0.01

Book Value0.011

Revenue (TTM)0

Gross Profit (TTM)0

EBITDA-611.85K

Profit Margin0.00%

Operating Margin0.00%

Return on Equity-54.28%

Return on Assets-22.37%

Shares Outstanding73.83M

Shares Float66.69M

Beta2.69

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%