Route 109 Resources Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of gold and base metal properties in Canada. It holds 100% interests in the King Tut property that includes 120 contiguous claims covering an area of 5,206 hectares located in the Ligneris and Celoron townships, Province of Quebec; and the Dunlop Bay property, which comprises 76 mineral claims covering an area of 4,226 hectares situated near Matagami, Province of Quebec. The company was formerly known as BMEX Gold Inc. and changed its name to Route 109 Resources Inc. in October 2024. The company was incorporated in 2017 and is based in Vancouver, Canada.
Metrics to compare | RTE | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipRTEPeersSector | |
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P/E Ratio | −6.0x | −7.3x | 2.0x | |
PEG Ratio | −0.13 | 0.03 | 0.00 | |
Price/Book | 0.1x | 0.9x | 1.6x | |
Price / LTM Sales | - | 161.6x | 1.3x | |
Upside (Analyst Target) | - | 375.4% | 19.3% | |
Fair Value Upside | Unlock | −4.6% | 0.6% | Unlock |