Metalore Resources Limited (MTLRF) Research
Metalore Resources Limited functions as a junior resource enterprise, primarily focused on natural gas extraction and gold prospecting activities across Canada. The company manages rights to, or holds control over, approximately 40,000 acres of land designated for petroleum, natural gas, and mineral leasing. These holdings are located in the Charlotteville, Walsingham, and Houghton townships of Norfolk County, Ontario. Additionally, Metalore supplies natural gas to around 150 commercial and residential clients through its established pipeline infrastructure. Its exploration endeavors also encompass a wider array of valuable minerals, such as copper, zinc, lithium, platinum group elements (PGEs), and diamonds. The firm was founded in 1943 and was initially known as New Metalore Mining Company Limited before adopting its current name, Metalore Resources Limited, in 1976. Simcoe, Canada, serves as its corporate headquarters.
Market snapshot
- Symbol
- MTLRF
- Price
- $1.67
- Day change
- 0.00%
- Market cap
- $4.8M
- P/E ratio
- 4.02x
- 52-week range
- 1.57-1.8
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
Peer companies
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