Metalsource Mining Inc.
MSM.CD operates in the Diversified Mining industry, extracting and processing a range of minerals and metals, and generates revenue primarily through the sale of these commodities.
Business. MSM.CD is a diversified industrial machinery company operating within the Industrials sector. The firm generates revenue primarily through product sales. Specific details regarding its operating segments, headquarters location, and primary stock exchange listings are not available in the provided data.
At a glance
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- Company
- EarningsFY 2026 earnings (expected)2026-10-10 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
MSM.CD is a diversified industrial machinery company operating within the Industrials sector. The firm generates revenue primarily through product sales. Specific details regarding its operating segments, headquarters location, and primary stock exchange listings are not available in the provided data.
MSM.CD's capital structure is characterized by a near-zero debt-to-equity ratio of 0.0, indicating a highly equity-funded balance sheet. The company's liquidity position is assessed as low, with a current ratio of 1.16, suggesting limited short-term liquidity to cover immediate obligations. Despite this, the company has no long-term debt, which reduces its exposure to interest rate risk and refinancing pressures.
Profitability metrics for MSM.CD are negative, with a return on equity of -26.52% and a return on assets of -25.9%, both significantly below the industry median for Diversified Mining. The company reported a net loss of CAD 702,490 and an operating loss of CAD 673,860, indicating a challenging operating environment. These results suggest that the company is not currently generating returns that meet the cost of capital or industry benchmarks.
The company's revenue concentration is not disclosed in the available data, but the absence of segment-specific revenue breakdowns implies a lack of diversification in its operations. This could expose the company to sector-specific risks, such as commodity price volatility or regulatory changes in key markets.
Looking ahead, MSM.CD is expected to face continued financial pressure, with no clear signs of improvement in the current fiscal year. The company's operating cash flow was negative at CAD 564,450, and capital expenditures amounted to CAD 138,420, indicating ongoing investment in operations despite current losses. The absence of positive revenue growth or margin expansion in the outlook suggests a bearish trajectory for the near term.
Risk factors for MSM.CD include its low liquidity position and the absence of a debt buffer, which could limit its ability to respond to operational or market shocks. The company has no immediate filing-based liquidity or dilution flags, and dilution potential is assessed as low. However, the lack of disclosed capital reserves or alternative financing sources could become a concern if operating losses persist.
Recent filings and transcripts do not indicate any material events or strategic shifts for MSM.CD. The company has not disclosed any major capital projects, partnerships, or regulatory changes that would significantly alter its financial trajectory. The absence of recent strategic announcements suggests a period of operational stability, but also limited visibility into future growth drivers.
- MSM.CD is a Diversified Mining company with a highly equity-funded balance sheet and no long-term debt.
- The company is currently unprofitable, with negative returns on equity and assets.
- Liquidity is low, with a current ratio of 1.16, and no immediate dilution or liquidity risks are flagged.
- The company is investing in operations despite current losses, but no clear path to profitability is evident.
- Revenue concentration and segment-specific exposure are not disclosed, increasing operational risk.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- SVP, Gen Counsel & Corp Sec · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueAcquired 2 013grant · 2026-07-20
- Director · Dividend Equivalent Units → Class A Common Stock, $0.001 par valueDisposed 50exercise · 2026-01-24
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueDisposed 695exercise · 2026-01-24
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueDisposed 695exercise · 2026-01-24
- Director · Dividend Equivalent Units → Class A Common Stock, $0.001 par valueDisposed 50exercise · 2026-01-24
- Director · Dividend Equivalent Units → Class A Common Stock, $0.001 par valueDisposed 50exercise · 2026-01-24
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueDisposed 695exercise · 2026-01-24
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueDisposed 695exercise · 2026-01-24
- Director · Dividend Equivalent Units → Class A Common Stock, $0.001 par valueDisposed 50exercise · 2026-01-24
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueAcquired 1 603grant · 2026-01-23
- Director, 10% owner · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueAcquired 1 603grant · 2026-01-23
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueAcquired 1 603grant · 2026-01-23
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueAcquired 1 603grant · 2026-01-23
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueAcquired 1 603grant · 2026-01-23
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueAcquired 1 603grant · 2026-01-23
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueAcquired 1 603grant · 2026-01-23
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueAcquired 1 603grant · 2026-01-23
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueAcquired 1 603grant · 2026-01-23
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueDisposed 799exercise · 2026-01-22
- Director · Dividend Equivalent Units → Class A Common Stock, $0.001 par valueDisposed 24exercise · 2026-01-22
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueDisposed 799exercise · 2026-01-22
- Director · Dividend Equivalent Units → Class A Common Stock, $0.001 par valueDisposed 24exercise · 2026-01-22
- Director · Dividend Equivalent Units → Class A Common Stock, $0.001 par valueDisposed 24exercise · 2026-01-22
- Director · Dividend Equivalent Units → Class A Common Stock, $0.001 par valueDisposed 24exercise · 2026-01-22
- Director · Restricted Stock Units (RSU) → Class A Common Stock, $0.001 par valueDisposed 799exercise · 2026-01-22
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- MSM.CD Market data — financials · 2026-05-28
Ownership & reference
Leadership
- Joseph CullenPresident, Chief Executive Officer, Director
Insider activity
- Director, 10% owner · Class A Common StockOther 14 972 · 2026-04-07
- Director · Class A Common Stock, $0.001 par valueOther 13 960 · 2026-02-05
- Director · Class A Common Stock, $0.001 par valueSold 1 800 @ $86,83$156K · 2026-02-02
- Director · Class A Common Stock, $0.001 par valueOther 12 020 · 2026-01-27
- Director · Class A Common Stock, $0.001 par valueOther 12 647 · 2026-01-27
- Director · Class A Common Stock, $0.001 par valueOther 69 452 · 2026-01-27
- Director · Class A Common Stock, $0.001 par valueOther 69 452 · 2026-01-27
- Director · Class A Common Stock, $0.001 par valueOther 50 · 2026-01-24
- Director · Class A Common Stock, $0.001 par valueOther 50 · 2026-01-24
- Director · Class A Common Stock, $0.001 par valueOther 695 · 2026-01-24
- Director · Class A Common Stock, $0.001 par valueOther 50 · 2026-01-24
- Director · Class A Common Stock, $0.001 par valueOther 695 · 2026-01-24
- Director · Class A Common Stock, $0.001 par valueOther 50 · 2026-01-24
- Director · Class A Common Stock, $0.001 par valueOther 695 · 2026-01-24
- Director · Class A Common Stock, $0.001 par valueOther 695 · 2026-01-24
- Director · Class A Common Stock, $0.001 par valueOther 799 · 2026-01-22
- Director · Class A Common Stock, $0.001 par valueOther 24 · 2026-01-22
- Director · Class A Common Stock, $0.001 par valueOther 799 · 2026-01-22
- Director · Class A Common Stock, $0.001 par valueOther 24 · 2026-01-22
- Director · Class A Common Stock, $0.001 par valueOther 799 · 2026-01-22
- Director · Class A Common Stock, $0.001 par valueOther 24 · 2026-01-22
- Director · Class A Common Stock, $0.001 par valueOther 799 · 2026-01-22
- Director · Class A Common Stock, $0.001 par valueOther 24 · 2026-01-22
- Director · Class A Common Stock, $0.001 par valueOther 799 · 2026-01-22
- Director · Class A Common Stock, $0.001 par valueOther 24 · 2026-01-22
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Total assets (YoY) (2025-11-29 vs 2024-11-30): 0.5%Derived (calculated)
- Total liabilities (YoY) (2025-11-29 vs 2024-11-30): 1.3%Derived (calculated)
- Shareholders' equity (YoY) (2025-11-29 vs 2024-11-30): 0.4%Derived (calculated)
- Current ratio (FY 2025-11-29): 1.73xDerived (calculated)
- Debt-to-equity (FY 2025-11-29): 0.80xDerived (calculated)
- Cash & equivalents (YoY) (2025-11-29 vs 2024-11-30): -29.7%Derived (calculated)
- Cash & equivalents (annual): USD 40.25MSEC XBRL filing
- Total assets (annual): USD 2.49BSEC XBRL filing
- Shareholders' equity (annual): USD 1.38BSEC XBRL filing
- Total liabilities (annual): USD 1.1BSEC XBRL filing
- Current liabilities (annual): USD 726.3MSEC XBRL filing
- Current assets (annual): USD 1.26BSEC XBRL filing
- Gross margin (FY 2025-08-30): 40.8%Derived (calculated)
- Revenue (YoY) (2025-08-30 vs 2024-08-31): -1.3%Derived (calculated)
- EPS (diluted) (YoY) (2025-08-30 vs 2024-08-31): -22.1%Derived (calculated)
- Net margin (FY 2025-08-30): 5.3%Derived (calculated)
- Operating cash flow (YoY) (2025-08-30 vs 2024-08-31): -18.7%Derived (calculated)
- Capex (YoY) (2025-08-30 vs 2024-08-31): -6.6%Derived (calculated)
- Cost of revenue (YoY) (2025-08-30 vs 2024-08-31): -0.7%Derived (calculated)
- Net income (YoY) (2025-08-30 vs 2024-08-31): -22.9%Derived (calculated)
- Gross profit (YoY) (2025-08-30 vs 2024-08-31): -2.3%Derived (calculated)
- EPS (basic) (YoY) (2025-08-30 vs 2024-08-31): -22.4%Derived (calculated)
- Operating income (YoY) (2025-08-30 vs 2024-08-31): -22.8%Derived (calculated)
- Net income (annual): USD 199.33MSEC XBRL filing