Is Heritage Mining Ltd. (HML.CN) a Buy, Sell, or Hold?
CNQ : HML.CN
Heritage Mining Ltd.
$0.02 CAD
-$0.01 (-20.0%)
- Volume
- 50K
- Average Volume
- 374.22K
- Market Capitalization
- $3.54M
- P/E Ratio
- -0.90
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $0.05
- Year Low
- $0.02
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.55
HML.CN Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - |
| costOfRevenue | 146.47K | 95453 | 57112 | - | - | - |
| grossProfit | -146.47K | -95453 | -57112 | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 618.83K | 912.96K | 745.46K | 1.11M | 221.49K | 105.02K |
| sellingAndMarketingExpenses | 301.46K | 308K | 448.94K | 1.86M | 281.98K | 199.57K |
| sellingGeneralAndAdministrativeExpenses | 920.29K | 2.83M | 2.41M | 2.97M | 221.49K | 304.58K |
| otherExpenses | 3.36M | - | - | 89424 | 262.77K | 2260 |
| operatingExpenses | 4.28M | 2.83M | 2.41M | 2.97M | 484.26K | 306.84K |
| costAndExpenses | 4.43M | 2.83M | 2.41M | 2.97M | 484.26K | 306.84K |
| netInterestIncome | - | - | - | - | - | - |
| interestIncome | - | - | - | - | - | - |
| interestExpense | - | - | - | - | - | - |
| depreciationAndAmortization | 146.47K | 95453 | 57112 | - | 480.91K | 304.58K |
| ebitda | -4.28M | -2.83M | -2.41M | -2.88M | -455.39K | 11040 |
| ebit | -4.43M | -2.93M | -2.47M | -2.88M | -455K | -294K |
| nonOperatingIncomeExcludingInterest | - | 95453 | 57112 | -89420 | -28870 | -13297 |
| operatingIncome | -4.43M | -2.83M | -2.41M | -2.97M | -484.26K | -307K |
| totalOtherIncomeExpensesNet | 269.05K | -183K | -284K | 89424 | 28872 | 13292 |
| incomeBeforeTax | -4.16M | -3.01M | -2.7M | -2.88M | -455K | -294K |
| incomeTaxExpense | - | - | - | -89424 | -480 | -304 |
| netIncomeFromContinuingOperations | -4.16M | -3.01M | -2.7M | -2.88M | -455K | -294K |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - |
| netIncome | -4.16M | -3.01M | -2.7M | -2.88M | -455K | -294K |
| netIncomeDeductions | - | - | - | - | - | - |
| bottomLineNetIncome | -4.16M | -3.01M | -2.7M | -2.88M | -455K | -294K |
| eps | -0.03 | -0.04 | -0.07 | -0.13 | -0.02 | -0.02 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 209.67K | 558.28K | 172.21K | 808.83K | 1.01M | 784.43K |
| shortTermInvestments | - | - | - | - | - | - |
| cashAndShortTermInvestments | 209.67K | 558.28K | 172.21K | 808.83K | 1.01M | 784.43K |
| netReceivables | 154.92K | 144.16K | 221.4K | 227.79K | 70860 | 28663 |
| accountsReceivables | - | 144.16K | 221.4K | 227.79K | - | - |
| otherReceivables | 154.92K | - | - | - | 70860 | 28663 |
| inventory | - | - | - | - | - | - |
| prepaids | 177.29K | 183.82K | 60452 | 609.37K | 12139 | - |
| otherCurrentAssets | - | - | - | - | - | - |
| totalCurrentAssets | 541.88K | 886.26K | 454.06K | 1.65M | 1.09M | 813.1K |
| propertyPlantEquipmentNet | 357.2K | 218.34K | 81581 | - | - | - |
| goodwill | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - |
| longTermInvestments | 2500 | - | - | - | 1500 | 1500 |
| taxAssets | - | - | - | - | - | - |
| otherNonCurrentAssets | - | - | - | - | - | - |
| totalNonCurrentAssets | 359.7K | 218.34K | 81581 | - | 1500 | 1499 |
| otherAssets | - | - | - | - | - | - |
| totalAssets | 901.58K | 1.1M | 535.64K | 1.65M | 1.09M | 814.6K |
| totalPayables | 681.49K | 262.11K | 248.64K | 167.11K | 29030 | 40156 |
| accountPayables | 681.49K | 262.11K | 248.64K | 167.11K | 29030 | 40156 |
| otherPayables | - | - | - | - | - | - |
| accruedExpenses | 349.83K | 49000 | 20000 | 20000 | 17300 | 11000 |
| shortTermDebt | - | 170.68K | 71902 | - | - | - |
| capitalLeaseObligationsCurrent | 123.22K | 170.68K | 71902 | - | - | - |
| taxPayables | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - |
| otherCurrentLiabilities | 26747 | -170.68K | -71902 | 10902 | 42321 | 7805 |
| totalCurrentLiabilities | 1.18M | 481.78K | 340.54K | 198.01K | 88651 | 58961 |
| longTermDebt | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | 56117 | - | 13818 | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | - | - |
| totalNonCurrentLiabilities | 56116 | - | 13818 | - | - | - |
| otherLiabilities | - | - | - | -167.11K | - | - |
| capitalLeaseObligations | 179.34K | 170.68K | 85720 | - | - | - |
| totalLiabilities | 1.24M | 481.78K | 354.36K | 198.01K | 88651 | 58961 |
| treasuryStock | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - |
| commonStock | 11.56M | 9.12M | 6.11M | 4.9M | 1.67M | 855.85K |
| retainedEarnings | -13.5M | -9.34M | -6.33M | -3.63M | -750.5K | -295.11K |
| additionalPaidInCapital | - | - | - | - | - | - |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| netIncome | -4.16M | -3.01M | -2.69M | -2.88M | -455.39K | -293.55K |
| depreciationAndAmortization | 146.47K | 95453 | 57112 | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - |
| stockBasedCompensation | 208.92K | 356.59K | 66078 | 6649 | 19214 | 39658 |
| changeInWorkingCapital | 1.07M | 199.28K | 636.85K | -613.38K | -59162 | 20935 |
| accountsReceivables | -10759 | 77231 | 6395 | -156.93K | -42197 | -28503 |
| inventory | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - |
| otherWorkingCapital | 1.08M | 122.05K | 630.45K | -456.46K | -16965 | 49438 |
| otherNonCashItems | 310.72K | 847K | 30688 | 620.08K | -28872 | -13295 |
| netCashProvidedByOperatingActivities | -2.42M | -1.52M | -1.9M | -2.87M | -524.21K | -246.25K |
| investmentsInPropertyPlantAndEquipment | - | - | -3 | - | - | - |
| acquisitionsNet | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | -1500 |
| salesMaturitiesOfInvestments | - | - | - | 1500 | - | - |
| otherInvestingActivities | - | - | 3 | - | - | - |
| netCashProvidedByInvestingActivities | - | - | - | 1500 | - | -1500 |
| netDebtIssuance | - | -160.54K | -65163 | - | - | - |
| longTermNetDebtIssuance | - | -160.54K | -65163 | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - |
| netStockIssuance | 2.37M | 2.2M | 1.3M | 2.67M | 746.43K | 1.03M |
| netCommonStockIssuance | 2.37M | 2.2M | 1.3M | 2.99M | 746.43K | 1.03M |
| commonStockIssuance | 2.37M | 2.2M | 1.3M | 2.99M | 746.43K | 1.03M |
| commonStockRepurchased | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | -319.08K | - | - |
| netDividendsPaid | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - |
| otherFinancingActivities | -304.51K | -137.31K | 31230 | - | - | - |
| netCashProvidedByFinancingActivities | 2.07M | 1.9M | 1.27M | 2.67M | 746.43K | 1.03M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - | - | - | - |
| costOfRevenue | 34929 | 35111 | 44000 | 33635 | 33725 | 24817 | 22682 | 23977 | 23977 | 23977 |
| grossProfit | -34929 | -35111 | -44000 | -33635 | -33725 | -24817 | -22682 | -23977 | -23977 | -23977 |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 145.22K | 168.73K | 104.48K | 217.56K | 128.06K | 395.06K | 200.43K | 252.19K | 117.49K | 168.58K |
| sellingAndMarketingExpenses | 52636 | 58085 | 146.88K | 45867 | 50631 | 73311 | 45189 | 145.99K | 43514 | 48405 |
| sellingGeneralAndAdministrativeExpenses | 197.86K | 226.81K | 251.35K | 263.43K | 178.69K | 468.38K | 245.62K | 398.18K | 161.01K | 216.99K |
| otherExpenses | 449.35K | 1.01M | 436.54K | 942.49K | 937.31K | 774.62K | 491.16K | 80127 | 314.65K | 346.1K |
| operatingExpenses | 647.21K | 1.23M | 687.9K | 1.21M | 1.12M | 1.24M | 736.78K | 478.3K | 475.65K | 563.09K |
| costAndExpenses | 682.14K | 1.27M | 731.9K | 1.24M | 1.15M | 1.27M | 759.46K | 502.28K | 499.63K | 587.07K |
| netInterestIncome | - | - | - | - | - | - | - | - | - | - |
| interestIncome | - | - | - | - | - | - | - | - | - | - |
| interestExpense | - | - | - | - | - | - | - | - | - | - |
| depreciationAndAmortization | 34929 | 35111 | 44000 | 33635 | 33725 | 24817 | 22682 | 23977 | 23977 | 23977 |
| ebitda | -647.21K | -1.23M | -682.64K | -1.21M | -1.02M | -1.26M | -737K | -485K | -476K | -563K |
| ebit | -682.14K | -1.27M | -726.64K | -1.24M | -1.05M | -1.28M | -759K | -509K | -500K | -587K |
| nonOperatingIncomeExcludingInterest | - | - | -5260 | - | -131K | 15817 | - | 6879 | - | - |
| operatingIncome | -682.14K | -1.27M | -731.9K | -1.24M | -1.18M | -1.27M | -759K | -502K | -500K | -587K |
| totalOtherIncomeExpensesNet | 36733 | -128.43K | 5265 | 260.98K | 131.24K | -15817 | 36981 | -6880 | -26825 | -39950 |
| incomeBeforeTax | -645.41K | -1.4M | -726.63K | -978.57K | -1.05M | -1.28M | -722K | -509K | -500K | -627K |
| incomeTaxExpense | - | - | - | - | - | - | - | - | - | 3 |
| netIncomeFromContinuingOperations | -645.41K | -1.4M | -726.63K | -978.57K | -1.05M | -1.28M | -722K | -509K | -500K | -627K |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -645.41K | -1.4M | -726.63K | -978.57K | -1.05M | -1.28M | -722K | -509K | -500K | -627K |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -645.41K | -1.4M | -726.63K | -978.57K | -1.05M | -1.28M | -722K | -509K | -500K | -627K |
| eps | -0.0 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 353.97K | 209.67K | 226.08K | 343.55K | 250.54K | 558.28K | 171.98K | 270.8K | 59522 | 172.21K |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 353.97K | 209.67K | 226.08K | 343.55K | 250.54K | 558.28K | 171.98K | 270.8K | 59522 | 172.21K |
| netReceivables | 143.83K | 154.92K | 165.83K | 323.28K | 314.39K | 144.16K | 99212 | 378.06K | 222.28K | 221.4K |
| accountsReceivables | - | - | - | - | - | 144.16K | 99212 | - | - | 221.4K |
| otherReceivables | 143.83K | 154.92K | 165.83K | 323.28K | 314.39K | - | - | 378.06K | 222.28K | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | 132.3K | 177.29K | 257.29K | 314.54K | 215.35K | 183.82K | 112.4K | 149.62K | 40607 | 60452 |
| otherCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| totalCurrentAssets | 630.11K | 541.88K | 649.2K | 981.37K | 780.28K | 886.26K | 383.6K | 798.47K | 322.4K | 454.06K |
| propertyPlantEquipmentNet | 322.27K | 357.2K | 385.06K | 326.32K | 284.96K | 218.34K | 76255 | 33627 | 57604 | 81581 |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | 2500 | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| totalNonCurrentAssets | 322.27K | 359.7K | 385.06K | 326.32K | 284.96K | 218.34K | 76255 | 33627 | 57603 | 81581 |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 952.38K | 901.58K | 1.03M | 1.31M | 1.07M | 1.1M | 459.86K | 832.1K | 380.01K | 535.64K |
| totalPayables | 759.13K | 681.49K | 756.68K | 925.84K | 670.25K | 262.11K | 507K | 277.58K | 211.94K | 248.64K |
| accountPayables | 759.13K | 681.49K | 756.68K | 925.84K | 670.25K | 262.11K | 507K | 277.58K | 211.94K | 248.64K |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | - | 349.83K | 31500 | 43373 | 45522 | 49000 | 28500 | 19000 | 25000 | 20000 |
| shortTermDebt | - | - | - | 185.42K | 182.01K | 170.68K | 77731 | 36616 | 56852 | 71902 |
| capitalLeaseObligationsCurrent | 103.73K | 123.22K | 180.98K | 185.42K | 182.01K | 170.68K | 77731 | 36616 | 56852 | 71902 |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | -268 |
| otherCurrentLiabilities | 288.72K | 26747 | - | -185.42K | -182.01K | -170.68K | -77731 | -36616 | -56852 | -71633 |
| totalCurrentLiabilities | 1.15M | 1.18M | 969.16K | 1.15M | 897.78K | 481.78K | 613.23K | 333.19K | 293.79K | 340.54K |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | 32010 | 56117 | 58953 | 24870 | 23618 | - | - | - | 4877 | 13818 |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | 5265 | - | - | - | 36981 | - | - |
| totalNonCurrentLiabilities | 32011 | 56116 | 58953 | 30135 | 23618 | - | - | 36981 | 4877 | 13817 |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | 135.74K | 179.34K | 239.94K | 210.29K | 205.63K | 170.68K | 77731 | 36616 | 61729 | 85720 |
| totalLiabilities | 1.18M | 1.24M | 1.03M | 1.18M | 921.4K | 481.78K | 613.23K | 370.17K | 298.66K | 354.36K |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 12.24M | 11.56M | 11M | 10.44M | 9.42M | 9.12M | 7.38M | 7.38M | 6.58M | 6.11M |
| retainedEarnings | -14.14M | -13.5M | -12.1M | -11.37M | -10.39M | -9.34M | -8.06M | -7.34M | -6.83M | -6.33M |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - | - |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -645.41K | -1.4M | -726.63K | -978.57K | -1.05M | -1.28M | -722.48K | -509.16K | -499.63K | -627.02K |
| depreciationAndAmortization | 34929 | 35111 | 44000 | 33635 | 33725 | 24817 | 22682 | 23977 | 23977 | 23977 |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | 108.7K | 4865 | 88405 | 6950 | 156.45K | 107.19K | 68660 | 24293 | 30265 |
| changeInWorkingCapital | 125.71K | 433.57K | 47797 | 335.65K | 255.67K | -243.2K | 225.68K | 229.55K | -12741 | 243.53K |
| accountsReceivables | 11089 | 10906 | 157.45K | -8883 | -170.23K | -44952 | -50456 | 173.52K | -880 | 174.98K |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | - | - | - | - |
| otherWorkingCapital | 114.62K | 422.67K | -109.65K | 344.54K | 425.89K | -198.25K | 276.13K | 56029 | -11860 | 68550 |
| otherNonCashItems | 15224 | 201.35K | 2875 | -145.99K | 252.49K | 521.56K | -33697 | 30747 | 328.39K | 118.41K |
| netCashProvidedByOperatingActivities | -469.55K | -619.24K | -627.09K | -666.88K | -504.36K | -823.53K | -400.63K | -156.23K | -135.71K | -210.84K |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | - | - | - | - | - | - | - | - | - | - |
| netDebtIssuance | - | - | - | -75824 | -71883 | -78296 | -27479 | -27380 | -27380 | -27380 |
| longTermNetDebtIssuance | - | - | - | -75824 | -71883 | -78296 | -27479 | -27380 | -27380 | -27380 |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | 662.9K | 678.39K | 590.86K | 1.18M | 268.5K | 1.4M | 329.3K | 420.7K | 52000 | 72810 |
| netCommonStockIssuance | 662.9K | 678.39K | 590.86K | 1.18M | 268.5K | 1.4M | 329.3K | 420.7K | 52000 | 72810 |
| commonStockIssuance | 662.9K | 678.39K | 590.86K | 1.18M | 268.5K | 1.4M | 329.3K | 420.7K | 52000 | 72810 |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -49054 | -75569 | -81235 | -342.78K | - | -109.89K | - | -25820 | -1600 | - |
| netCashProvidedByFinancingActivities | 613.85K | 602.82K | 509.62K | 759.89K | 196.62K | 1.21M | 301.82K | 367.5K | 23020 | 45430 |