Metals Exploration Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	41.17	31.22	0.34	0.86	4.74
Cash & Short-Term Investments	41.17	31.22	0.34	0.86	4.74
Cash Growth	31.86%	9083.82%	-60.51%	-81.82%	-46.97%
Accounts Receivable	17.05	10.89	3.04	5.81	3.99
Other Receivables	-	-	1.74	2.13	1.78
Receivables	17.05	10.89	4.78	7.94	5.77
Inventory	17.21	18.12	18.7	21.22	17.22
Prepaid Expenses	-	-	0.22	0.2	0.2
Total Current Assets	75.43	60.24	24.04	30.21	27.92
Property, Plant & Equipment	218.15	93.54	140.6	81.46	95.94
Long-Term Investments	0.13	0.13	0.12	0.11	0.18
Other Intangible Assets	13.83	0.62	0.01	0.03	0.07
Long-Term Accounts Receivable	15.62	-	-	-	-
Other Long-Term Assets	-	17.25	16.72	8.8	5.53
Total Assets	323.15	174.29	181.48	120.61	129.65
Accounts Payable	28.48	8.14	8.86	8.71	4.07
Accrued Expenses	2.35	2.39	6.12	2.82	4.32
Short-Term Debt	-	6.89	-	-	-
Current Portion of Long-Term Debt	-	-	23.9	30	23.83
Current Income Taxes Payable	-	8.18	-	0.15	0.17
Other Current Liabilities	1.43	7.08	1.44	1.06	2.09
Total Current Liabilities	32.26	32.68	40.32	42.74	34.5
Long-Term Debt	-	-	-	51.98	78.86
Pension & Post-Retirement Benefits	0.16	3.15	2.47	2.46	1.87
Long-Term Deferred Tax Liabilities	14.53	0.56	0.54	0.57	0.81
Other Long-Term Liabilities	23.41	4.34	4.22	5.08	4.09
Total Liabilities	70.37	40.74	47.55	102.84	120.12
Common Stock	0.39	0.24	0.28	0.28	27.95
Additional Paid-In Capital	79.26	0.31	0.14	-	195.86
Retained Earnings	182.31	153.36	127.78	7	-225.54
Treasury Stock	-19.28	-25.35	-	-	-
Comprehensive Income & Other	9.99	4.59	5.73	10.48	11.26
Total Common Equity	252.66	133.15	133.93	17.76	9.52
Minority Interest	0.12	0.4	-	-	-
Shareholders' Equity	252.79	133.55	133.93	17.76	9.52
Total Liabilities & Equity	323.15	174.29	181.48	120.61	129.65
Total Debt	-	6.89	23.9	81.98	102.69
Net Cash (Debt)	41.17	24.33	-23.56	-81.12	-97.95
Net Cash Growth	69.19%	-	-	-	-
Net Cash Per Share	0.01	0.01	-0.01	-0.04	-0.05
Filing Date Shares Outstanding	2,516	1,728	2,098	2,089	2,071
Total Common Shares Outstanding	2,516	1,728	2,098	2,089	2,071
Working Capital	43.16	27.55	-16.28	-12.53	-6.57
Book Value Per Share	0.10	0.08	0.06	0.01	0.00
Tangible Book Value	238.83	132.53	133.93	17.73	9.45
Tangible Book Value Per Share	0.09	0.08	0.06	0.01	0.00
Buildings	-	4.17	4.17	4.16	4.16
Machinery	-	157.96	155.14	115.87	111.94
Construction In Progress	-	7.16	3.84	5.89	3.37

Source: S&P Global Market Intelligence. Standard template. Financial Sources.