District Metals Corp. (MKVNF)
District Metals Corp. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.11, up 115.65% on the session, giving a market capitalisation of $21.0M. On trailing twelve-month figures it carries a trailing P/E of -26.21, a net margin of 0.0%. Its beta of 1.24 implies it has historically moved more than the broad market.
District Metals Corp. operates as an early-stage company in the mineral exploration sector, primarily focusing on identifying, acquiring, and evaluating potential natural resource deposits. The firm holds complete ownership of several substantial properties in Sweden's Bergslagen mining district: the Tomtebo property, which spans 5,143.86 hectares, and the Svärdsjö property, covering 1,037 hectares, both situated in south-central Sweden. Furthermore, it entirely owns the 5,286-hectare Gruvberget property, also located within the Bergslagen district. Expanding its portfolio, District Metals Corp. also possesses a 20% stake in the 9,318-hectare Bakar property, found on North Vancouver Island in British Columbia, Canada. Established in 1989 and headquartered in Vancouver, Canada, the company adopted its current name in July 2019, having previously been known as MK2 Ventures Ltd.
District Metals Corp. is most often compared with the following Basic Materials names: