Grit Metals Corp

V:FIN Canada Other Industrial Metals & Mining
Market Cap
$6.53 Million
CA$9.39 Million CAD
Market Cap Rank
#48026 Global
#761 in Canada
Share Price
CA$0.17
Change (1 day)
+0.00%
52-Week Range
CA$0.07 - CA$0.22
All Time High
CA$0.84
Categories
Companies in Canada Other Industrial Metals & Mining
About

Grit Metals Corp. operates as a junior mining exploration company. It primarily focuses on the Lithium-Cesium-Tantalum Finnish Pegmatite Project located in central Finland. The company was formerly known as European Energy Metals Corp. and changed its name to Grit Metals Corp. in October 2024. The company was incorporated in 2021 and is based in Vancouver, Canada. Grit Metals Corp. is a subsidiar… Read more

Grit Metals Corp (FIN) - Cash Flow Conversion Efficiency

Latest cash flow conversion efficiency as of February 2024: -0.060x

Based on the latest financial reports, Grit Metals Corp (FIN) has a cash flow conversion efficiency ratio of -0.060x as of February 2024.

Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-284.06K) by net assets (CA$4.75 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Grit Metals Corp - Cash Flow Conversion Efficiency Trend (2022–2023)

This chart illustrates how Grit Metals Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.

Grit Metals Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Grit Metals Corp ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
MindArk PE AB
ST:MNDRK
 		N/A
National Waste Management Holdings Inc
PINK:NWMH
 		-0.006x
EBIQUITY PLC LS-25
F:YO4
 		N/A
Arcimoto, Inc.
OTCMKTS:FUVV
 		-0.450x
Induction Healthcare Group PLC
LSE:INHC
 		-0.052x
QINGLING MOTORS -H-
MU:QIN
 		N/A
Pakistan Stock Exchange Ltd
KAR:PSX
 		N/A
iPeople Inc
PSE:IPO
 		0.039x

Annual Cash Flow Conversion Efficiency for Grit Metals Corp (2022–2023)

The table below shows the annual cash flow conversion efficiency of Grit Metals Corp from 2022 to 2023.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2023-05-31 CA$1.35 Million CA$-575.30K -0.426x -11.12%
2022-05-31 CA$737.03K CA$-282.51K -0.383x --