Black Mammoth Metals (BMMX)
Market Price (11/5/2026): $2.79 | Market Cap: $150.7 MilSector: Materials | Industry: Diversified Metals & Mining
Black Mammoth Metals (BMMX)
Market Price (11/5/2026): $2.79Market Cap: $150.7 MilSector: MaterialsIndustry: Diversified Metals & Mining
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Weak multi-year price returns2Y Excs Rtn is -38%, 3Y Excs Rtn is -90% | Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -1.9 Mil Key risksBMMX key risks include [1] its complete lack of operating revenue as an exploration-stage company and [2] the potential failure of its Nasdaq listing to secure necessary financing. |
| Weak multi-year price returns2Y Excs Rtn is -38%, 3Y Excs Rtn is -90% |
| Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -1.9 Mil |
| Key risksBMMX key risks include [1] its complete lack of operating revenue as an exploration-stage company and [2] the potential failure of its Nasdaq listing to secure necessary financing. |
Qualitative Assessment
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Updated on 11/1/2026
Black Mammoth Metals (BMMX) stock has lost about 10% since it went public on 10/16/2026 because of the following key factors:
1. Inherent Volatility of an Exploration-Stage Company Coupled with Lack of Proven Resources.
Black Mammoth Metals operates as a junior mineral exploration company, focusing on gold and silver properties in the western United States. Companies at this stage typically generate limited to no revenue, and their valuations are highly speculative, depending heavily on future exploration success and resource development. The company has not published a mineral resource estimate, which introduces significant risk and can lead to rapid shifts in investor sentiment and stock price, particularly following an initial public offering.
2. Weakness in the Non-Energy Minerals Sector and Choppy Precious Metals Sentiment.
During October 2026, the non-energy minerals sector, which includes Black Mammoth Metals, experienced a decline of 9.93% by October 23, 2026. Concurrently, sentiment in the broader precious metals market turned "choppy" towards the end of October, with gold futures falling and silver prices reaching their lowest levels in nearly a year. Such broad sector and commodity price declines disproportionately impact early-stage exploration companies like BMMX, as their value is closely tied to discovery potential and commodity prices.
Show more
Black Mammoth Metals (BMMX) stock has lost about 10% since it went public on 10/16/2026 because of the following key factors:
1. Inherent Volatility of an Exploration-Stage Company Coupled with Lack of Proven Resources.
Black Mammoth Metals operates as a junior mineral exploration company, focusing on gold and silver properties in the western United States. Companies at this stage typically generate limited to no revenue, and their valuations are highly speculative, depending heavily on future exploration success and resource development. The company has not published a mineral resource estimate, which introduces significant risk and can lead to rapid shifts in investor sentiment and stock price, particularly following an initial public offering.
2. Weakness in the Non-Energy Minerals Sector and Choppy Precious Metals Sentiment.
During October 2026, the non-energy minerals sector, which includes Black Mammoth Metals, experienced a decline of 9.93% by October 23, 2026. Concurrently, sentiment in the broader precious metals market turned "choppy" towards the end of October, with gold futures falling and silver prices reaching their lowest levels in nearly a year. Such broad sector and commodity price declines disproportionately impact early-stage exploration companies like BMMX, as their value is closely tied to discovery potential and commodity prices.
Show more
Updated on 11/1/2026
Black Mammoth Metals (BMMX) stock has lost about 10% since it went public on 10/16/2026 because of the following key factors:
1. Inherent Volatility of an Exploration-Stage Company Coupled with Lack of Proven Resources.
Black Mammoth Metals operates as a junior mineral exploration company, focusing on gold and silver properties in the western United States. Companies at this stage typically generate limited to no revenue, and their valuations are highly speculative, depending heavily on future exploration success and resource development. The company has not published a mineral resource estimate, which introduces significant risk and can lead to rapid shifts in investor sentiment and stock price, particularly following an initial public offering.
2. Weakness in the Non-Energy Minerals Sector and Choppy Precious Metals Sentiment.
During October 2026, the non-energy minerals sector, which includes Black Mammoth Metals, experienced a decline of 9.93% by October 23, 2026. Concurrently, sentiment in the broader precious metals market turned "choppy" towards the end of October, with gold futures falling and silver prices reaching their lowest levels in nearly a year. Such broad sector and commodity price declines disproportionately impact early-stage exploration companies like BMMX, as their value is closely tied to discovery potential and commodity prices.
3. Post-Listing Share Price Drift and Proximity to Private Placement Price.
Despite Black Mammoth Metals' uplisting to the Nasdaq Capital Market on October 15, 2026, which was intended to broaden its investor base, the stock experienced a decline. Shares of newly listed companies, especially those transitioning from OTC markets, can often drift lower as initial enthusiasm fades and existing OTC holders sell into the new liquidity. Furthermore, the stock's trading price near the end of October (e.g., $2.76 on October 31) fell below or close to the $3.00 per unit price of a $24 million private placement that closed in July, potentially indicating a lack of significant immediate upside for investors post-IPO and contributing to selling pressure.
4. Selective IPO Market Amidst Broader Volatility.
While 2026 generally saw a strong year for IPOs by value, the market was characterized by increasing selectivity, with investors closely scrutinizing company fundamentals, profitability, and growth prospects for new listings. Rising bond yields and overall market volatility during autumn 2026 led to high-profile IPO postponements, indicating a challenging environment for companies to sustain valuation. This selective market likely contributed to BMMX's inability to maintain its initial trading levels as a capital-intensive exploration company without immediate revenue streams.
Show less
Black Mammoth Metals (BMMX) stock has lost about 10% since it went public on 10/16/2026 because of the following key factors:
1. Inherent Volatility of an Exploration-Stage Company Coupled with Lack of Proven Resources.
Black Mammoth Metals operates as a junior mineral exploration company, focusing on gold and silver properties in the western United States. Companies at this stage typically generate limited to no revenue, and their valuations are highly speculative, depending heavily on future exploration success and resource development. The company has not published a mineral resource estimate, which introduces significant risk and can lead to rapid shifts in investor sentiment and stock price, particularly following an initial public offering.
2. Weakness in the Non-Energy Minerals Sector and Choppy Precious Metals Sentiment.
During October 2026, the non-energy minerals sector, which includes Black Mammoth Metals, experienced a decline of 9.93% by October 23, 2026. Concurrently, sentiment in the broader precious metals market turned "choppy" towards the end of October, with gold futures falling and silver prices reaching their lowest levels in nearly a year. Such broad sector and commodity price declines disproportionately impact early-stage exploration companies like BMMX, as their value is closely tied to discovery potential and commodity prices.
3. Post-Listing Share Price Drift and Proximity to Private Placement Price.
Despite Black Mammoth Metals' uplisting to the Nasdaq Capital Market on October 15, 2026, which was intended to broaden its investor base, the stock experienced a decline. Shares of newly listed companies, especially those transitioning from OTC markets, can often drift lower as initial enthusiasm fades and existing OTC holders sell into the new liquidity. Furthermore, the stock's trading price near the end of October (e.g., $2.76 on October 31) fell below or close to the $3.00 per unit price of a $24 million private placement that closed in July, potentially indicating a lack of significant immediate upside for investors post-IPO and contributing to selling pressure.
4. Selective IPO Market Amidst Broader Volatility.
While 2026 generally saw a strong year for IPOs by value, the market was characterized by increasing selectivity, with investors closely scrutinizing company fundamentals, profitability, and growth prospects for new listings. Rising bond yields and overall market volatility during autumn 2026 led to high-profile IPO postponements, indicating a challenging environment for companies to sustain valuation. This selective market likely contributed to BMMX's inability to maintain its initial trading levels as a capital-intensive exploration company without immediate revenue streams.
Show less
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
7/31/2026 to 11/4/2026| Return | Correlation | |
|---|---|---|
| BMMX | ||
| Market (SPY) | 2.6% | 32.4% |
| Sector (XLB) | 6.9% | 13.9% |
Fundamental Drivers
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Market Drivers
4/30/2026 to 11/4/2026| Return | Correlation | |
|---|---|---|
| BMMX | ||
| Market (SPY) | 7.0% | 32.4% |
| Sector (XLB) | 5.1% | 13.9% |
Fundamental Drivers
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Market Drivers
10/31/2025 to 11/4/2026| Return | Correlation | |
|---|---|---|
| BMMX | ||
| Market (SPY) | 13.4% | 32.4% |
| Sector (XLB) | 27.5% | 13.9% |
Fundamental Drivers
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Market Drivers
10/31/2023 to 11/4/2026| Return | Correlation | |
|---|---|---|
| BMMX | ||
| Market (SPY) | 89.7% | 32.4% |
| Sector (XLB) | 49.4% | 13.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| BMMX Return | - | - | - | - | - | -8% | -8% |
| Peers Return | -52% | -42% | -20% | 6% | 415% | -20% | -2% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 11% | 102% |
Monthly Win Rates [3] | |||||||
| BMMX Win Rate | - | - | - | - | - | 50% | |
| Peers Win Rate | 32% | 28% | 42% | 50% | 77% | 44% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 36% | |
Max Drawdowns [4] | |||||||
| BMMX Max Drawdown | - | - | - | - | - | - | |
| Peers Max Drawdown | -59% | -69% | -57% | -40% | -30% | -60% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: HYMC, ITRG, USAU, VGZ, PZG.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/4/2026 (YTD)
How Low Can It Go
BMMX has limited trading history. Below is the Materials sector ETF (XLB) in its place.
| Event | XLB | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -17.0% | -18.8% |
| % Gain to Breakeven | 20.5% | 23.1% |
| Time to Breakeven | 84 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -12.5% | -9.5% |
| % Gain to Breakeven | 14.3% | 10.5% |
| Time to Breakeven | 52 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -23.5% | -24.5% |
| % Gain to Breakeven | 30.7% | 32.4% |
| Time to Breakeven | 456 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -36.2% | -33.7% |
| % Gain to Breakeven | 56.8% | 50.9% |
| Time to Breakeven | 114 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -18.3% | -19.2% |
| % Gain to Breakeven | 22.4% | 23.8% |
| Time to Breakeven | 101 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -17.9% | -12.2% |
| % Gain to Breakeven | 21.7% | 13.9% |
| Time to Breakeven | 52 days | 62 days |
In The Past
State Street Materials Select Sector SPDR ETF's stock fell -17.0% during the 2025 US Tariff Shock. Such a loss loss requires a 20.5% gain to breakeven.
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Asset Allocation
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BMMX has limited trading history. Below is the Materials sector ETF (XLB) in its place.
| Event | XLB | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -23.5% | -24.5% |
| % Gain to Breakeven | 30.7% | 32.4% |
| Time to Breakeven | 456 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -36.2% | -33.7% |
| % Gain to Breakeven | 56.8% | 50.9% |
| Time to Breakeven | 114 days | 140 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -23.8% | -6.8% |
| % Gain to Breakeven | 31.2% | 7.3% |
| Time to Breakeven | 171 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -28.2% | -17.9% |
| % Gain to Breakeven | 39.3% | 21.8% |
| Time to Breakeven | 459 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -56.6% | -53.4% |
| % Gain to Breakeven | 130.3% | 114.4% |
| Time to Breakeven | 701 days | 1085 days |
In The Past
State Street Materials Select Sector SPDR ETF's stock fell -17.0% during the 2025 US Tariff Shock. Such a loss loss requires a 20.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Black Mammoth Metals (BMMX)
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- Mineral Exploration and Development: Black Mammoth Metals focuses on identifying, acquiring, and advancing exploration properties with the goal of discovering economically viable mineral deposits, primarily gold and silver.
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Black Mammoth Metals (BMMX) is a Canadian mineral exploration company focused on the acquisition and exploration of gold and silver properties. As an exploration-stage company, it is not currently engaged in the production or sale of metals or other mining-related products.
Therefore, Black Mammoth Metals does not have major customers that purchase its products or services in the traditional sense.
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Dustin Henderson, Chief Executive Officer, President, Corporate Secretary and Director
Mr. Henderson has served as President and CEO for Black Mammoth Metals since May 31, 2013. He has 19 years of experience in the exploration mining industry, primarily with Canadian publicly listed mining companies, holding roles such as President, CEO, CFO, Director, and Investor Relations. Additionally, Mr. Henderson possesses 15 years of experience in the Mutual Fund Industry, including owning and operating a branch office of an Independent Fund Dealer. He holds a Bachelor of Business Administration with a concentration in Finance from Simon Fraser University.
Mark J. Abrams, Chief Financial Officer, Vice President, Exploration and Director
Mr. Abrams has served as CFO and VP Exploration for Black Mammoth Metals Corp. since May 31, 2013. He has over 34 years of domestic and international mineral exploration experience. While at Placer Dome, Mr. Abrams was involved in the acquisition and initial exploration work on the Donlin Creek project in Alaska and conducted exploration work for 18 years within the Cortez joint venture and Bald Mountain mine properties. He was also responsible for acquiring lands now occupied by a portion of the Pipeline mine and was involved in its early exploration. Mr. Abrams holds a BSc. in Geology and an MSc. in Geology from Eastern Washington University.
Thomas G. Klein, Senior Geologist, Exploration Manager
Mr. Klein brings over 30 years of exploration and project management experience across numerous projects worldwide. His geological contributions have led to multiple discoveries, including the Kupfertal Cu-Au Porphyry Deposit in Peru, the Amulsar Gold Deposit in Armenia, the Hasandag Gold Deposit in Turkiye, and the TORO Gold Deposit in NE Guinea. Mr. Klein holds a Diploma of Mineralogy in Ore Deposits (equivalent to a Master's Degree) from Ruprecht-Karls University in Heidelberg, Germany.
Chris Foster, Director
Mr. Foster was appointed as a Director of Black Mammoth Metals in September 2026. He is a Chartered Professional Accountant (CPA, CGA) with over 20 years of experience working with public companies in various sectors. He currently provides CFO services to reporting issuers in the mineral resource and high-tech sectors and offers financial reporting consultancy services to numerous public companies on Canadian Exchanges. Mr. Foster is the current Chief Financial Officer for Spark Energy Minerals Inc and DGTL Holdings Inc, and a former Chief Financial Officer for Perpetua Resources Corp. He also served as Controller for the Ivanhoe Group's Global Mining Management Corporation, Peregrine Diamonds Ltd, and Roca Mines Inc.
Harvey Lalach, Independent Director
Mr. Lalach serves as an Independent Director for Black Mammoth Metals. ```
Mr. Henderson has served as President and CEO for Black Mammoth Metals since May 31, 2013. He has 19 years of experience in the exploration mining industry, primarily with Canadian publicly listed mining companies, holding roles such as President, CEO, CFO, Director, and Investor Relations. Additionally, Mr. Henderson possesses 15 years of experience in the Mutual Fund Industry, including owning and operating a branch office of an Independent Fund Dealer. He holds a Bachelor of Business Administration with a concentration in Finance from Simon Fraser University.
Mark J. Abrams, Chief Financial Officer, Vice President, Exploration and Director
Mr. Abrams has served as CFO and VP Exploration for Black Mammoth Metals Corp. since May 31, 2013. He has over 34 years of domestic and international mineral exploration experience. While at Placer Dome, Mr. Abrams was involved in the acquisition and initial exploration work on the Donlin Creek project in Alaska and conducted exploration work for 18 years within the Cortez joint venture and Bald Mountain mine properties. He was also responsible for acquiring lands now occupied by a portion of the Pipeline mine and was involved in its early exploration. Mr. Abrams holds a BSc. in Geology and an MSc. in Geology from Eastern Washington University.
Thomas G. Klein, Senior Geologist, Exploration Manager
Mr. Klein brings over 30 years of exploration and project management experience across numerous projects worldwide. His geological contributions have led to multiple discoveries, including the Kupfertal Cu-Au Porphyry Deposit in Peru, the Amulsar Gold Deposit in Armenia, the Hasandag Gold Deposit in Turkiye, and the TORO Gold Deposit in NE Guinea. Mr. Klein holds a Diploma of Mineralogy in Ore Deposits (equivalent to a Master's Degree) from Ruprecht-Karls University in Heidelberg, Germany.
Chris Foster, Director
Mr. Foster was appointed as a Director of Black Mammoth Metals in September 2026. He is a Chartered Professional Accountant (CPA, CGA) with over 20 years of experience working with public companies in various sectors. He currently provides CFO services to reporting issuers in the mineral resource and high-tech sectors and offers financial reporting consultancy services to numerous public companies on Canadian Exchanges. Mr. Foster is the current Chief Financial Officer for Spark Energy Minerals Inc and DGTL Holdings Inc, and a former Chief Financial Officer for Perpetua Resources Corp. He also served as Controller for the Ivanhoe Group's Global Mining Management Corporation, Peregrine Diamonds Ltd, and Roca Mines Inc.
Harvey Lalach, Independent Director
Mr. Lalach serves as an Independent Director for Black Mammoth Metals. ```
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Key Risks to Black Mammoth Metals (BMMX)
- Exploration Risk and Lack of Operating Revenue: As a mineral exploration company, Black Mammoth Metals Corporation operates without established production, meaning its valuation is primarily driven by the potential for project development, exploration results, and financing capabilities rather than current operating income. The inherent risk is that exploration activities may not proceed as planned, or the results may fail to support geological interpretations, potentially leading to a lack of discovery of economically significant mineralization.
- Financing and Capital Markets Risk: Black Mammoth Metals' business model is capital-intensive, requiring substantial funding for its exploration endeavors. There is a significant risk that the company may not be able to secure financing on favorable terms, or at all, and that operational costs could escalate. While its Nasdaq listing aims to enhance its capital markets presence and broaden its investor base, there is no guarantee that the company will realize these anticipated benefits or access capital on favorable terms.
- Commodity Price Volatility and Market Sentiment: The economic viability and valuation of Black Mammoth Metals' exploration projects are highly dependent on the fluctuating prices of commodities such as gold, silver, copper, and rare earth elements. Weak sentiment within the mining sector and volatile precious metal markets can exert downward pressure on speculative exploration stocks. Furthermore, broader macroeconomic uncertainties and geopolitical developments contribute to volatility in equities related to commodities.
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Black Mammoth Metals (symbol: BMMX) is a mineral exploration company that focuses on the acquisition and exploration of mineral properties, primarily gold and silver, in the western United States.
The addressable markets for their main products, gold and silver, are as follows:
- Gold: The global gold market size was valued at approximately USD 249.5 billion in 2025 and is projected to reach about USD 438.45 billion by 2035, growing at a Compound Annual Growth Rate (CAGR) of 5.8% from 2026 to 2035. Other estimates for the global gold mining market size include USD 249.33 billion in 2024, projected to grow to USD 379.41 billion by 2035 with a CAGR of 4.0%, and an anticipation to reach USD 765.85 billion by 2034 with an 11.19% CAGR from 2026 to 2034. The total financial physical gold market is estimated at approximately US$14 trillion.
- Silver: The global silver market size was valued at USD 21.91 billion in 2025 and is expected to reach USD 22.64 billion in 2026, with a projection to reach USD 29.37 billion by 2034, growing at a CAGR of 3.31% from 2026 to 2034. Another report estimates the global silver market size at USD 95.71 billion in 2025, projected to grow to USD 223.11 billion by 2034, at a CAGR of 9.86% from 2026 to 2034. The global silver mining market was valued at USD 21.52 billion in 2024 and is expected to grow to USD 45.6 billion by 2033, at a CAGR of 8.7% during the forecast period (2026–2033).
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For Black Mammoth Metals (BMMX), a mineral exploration company, expected drivers of future revenue growth over the next 2-3 years, while currently pre-revenue, are tied to the successful development and eventual monetization of its mineral properties.
- Successful Exploration and Resource Delineation at Key Properties: The primary driver for an exploration company is the successful advancement of its projects through exploration phases, leading to the identification and delineation of economically viable mineral deposits. Black Mammoth Metals is actively pursuing exploration, including recent drilling permits and surveys at its Mustang Gold and Silver Property in Nevada, which could lead to resource definition. Such successes could significantly increase asset value and attract potential partners or buyers.
- Strategic Acquisition and Development of New Mineral Properties: Black Mammoth Metals has been actively expanding its portfolio, acquiring a 100% interest in 28 core properties since January 2024, including gold, silver, copper, and rare earth elements properties across Utah, Nevada, Arizona, and New Mexico. Continuing to acquire and systematically advance new, high-potential mineral properties diversifies their asset base and increases the probability of a major discovery, which could ultimately lead to revenue through mining operations or property sales.
- Favorable Trends in Precious and Strategic Metals Commodity Prices: While not a direct operational driver, sustained or increased prices for commodities such as gold, silver, copper, and rare earth elements (the focus of BMMX's exploration efforts) would enhance the economic viability of any potential discoveries and make the company's existing assets more attractive for future development or sale.
- Access to Capital and Investor Base Expansion: The company's recent listing on the Nasdaq Capital Market in October 2026 is expected to strengthen its capital markets presence and facilitate access to a broader investor base. Improved access to capital is crucial for funding ongoing and future exploration programs, which are essential to making discoveries that could eventually generate revenue.
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Share Issuance
- Shares outstanding significantly increased from 14.88 million in 2022 to 46.00 million in the most recent quarter (MRQ) of 2026.
- As of October 16, 2026, the company had 54.01 million shares outstanding.
Outbound Investments
- Black Mammoth Metals acquired the Gallinas Rare Earth Elements Property in New Mexico in August 2025.
- Since January 2024, the company has acquired a 100% interest in 28 core properties.
- The company holds a 100% interest in the Blanco Creek Gold property, located in Central Idaho.
Capital Expenditures
- Capital expenditures include -$1.2 million in March 2026, -$1.8 million in March 2025, and -$2.0 million in September 2024.
- The primary focus of capital expenditures is on the acquisition and exploration of resource properties, including gold and silver, in the United States.
- Recent exploration activities include extending the target zone and obtaining a drill permit at the Mustang Gold and Silver Property in Nevada.
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 2.72 |
| Mkt Cap | 0.5 |
| Rev LTM | 0 |
| Op Inc LTM | -6 |
| FCF LTM | -5 |
| FCF 3Y Avg | -5 |
| CFO LTM | -4 |
| CFO 3Y Avg | -3 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 74.0% |
| Rev Chg 3Y Avg | - |
| Rev Chg Q | 15.9% |
| QoQ Delta Rev Chg LTM | 3.9% |
| Op Inc Chg LTM | -102.9% |
| Op Inc Chg 3Y Avg | -38.9% |
| Op Mgn LTM | 25.7% |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | -2.7% |
| CFO/Rev LTM | 29.7% |
| CFO/Rev 3Y Avg | - |
| FCF/Rev LTM | 1.8% |
| FCF/Rev 3Y Avg | - |
Price Behavior
Price Behavior
| Market Price | $2.84 | |
| First Trading Date | 11/17/2008 | |
| Distance from 52W High | -17.7% | |
| 50 Days | 200 Days | |
| DMA Price | ||
| DMA Trend | ||
| Distance from DMA | ||
| 3M | 1YR | |
| Volatility | 84.6% | 84.6% |
| Downside Capture | ||
| Upside Capture | ||
| Correlation (S&P 500) |
BMMX Betas & Captures as of 10/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.31 | -3.81 | 2.21 | -1.03 | 5.03 | -2.90 |
| Up Beta | -27.74 | -4.20 | 2.04 | -4.71 | 4.58 | -2.16 |
| Down Beta | -2.55 | -5.51 | 11.43 | 9.36 | -9.13 | -2.39 |
| Up Capture | 15% | 7% | 5% | 2% | 1% | 0% |
| Bmk +ve Days | 12 | 18 | 28 | 62 | 130 | 427 |
| Stock +ve Days | 3 | 3 | 3 | 3 | 3 | 3 |
| Down Capture | 176% | 96% | 76% | 39% | 23% | 13% |
| Bmk -ve Days | 10 | 25 | 36 | 64 | 121 | 325 |
| Stock -ve Days | 7 | 7 | 7 | 7 | 7 | 7 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BMMX | |
|---|---|---|---|---|
| BMMX | -8.3% | 84.6% | -1.64 | - |
| Sector ETF (XLB) | 28.4% | 17.9% | 1.23 | 13.9% |
| Equity (SPY) | 13.2% | 12.9% | 0.68 | 32.4% |
| Gold (GLD) | 1.0% | 28.8% | 0.03 | 34.0% |
| Commodities (DBC) | 35.9% | 21.2% | 1.34 | -20.5% |
| Real Estate (VNQ) | 14.3% | 14.1% | 0.70 | -15.1% |
| Bitcoin (BTCUSD) | -28.2% | 43.4% | -0.65 | -7.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BMMX | |
|---|---|---|---|---|
| BMMX | -1.7% | 84.6% | -1.64 | - |
| Sector ETF (XLB) | 7.0% | 19.1% | 0.25 | 13.9% |
| Equity (SPY) | 12.5% | 17.2% | 0.55 | 32.4% |
| Gold (GLD) | 17.3% | 19.1% | 0.73 | 34.0% |
| Commodities (DBC) | 8.0% | 19.6% | 0.29 | -20.5% |
| Real Estate (VNQ) | 1.8% | 18.9% | -0.01 | -15.1% |
| Bitcoin (BTCUSD) | 5.5% | 51.5% | 0.29 | -7.0% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BMMX | |
|---|---|---|---|---|
| BMMX | -0.9% | 84.6% | -1.64 | - |
| Sector ETF (XLB) | 10.9% | 20.7% | 0.46 | 13.9% |
| Equity (SPY) | 15.4% | 18.0% | 0.73 | 32.4% |
| Gold (GLD) | 11.9% | 16.5% | 0.59 | 34.0% |
| Commodities (DBC) | 7.4% | 18.1% | 0.33 | -20.5% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.23 | -15.1% |
| Bitcoin (BTCUSD) | 61.0% | 66.2% | 1.01 | -7.0% |
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Industry Resources
| Materials Resources |
| Chemical & Engineering News (C&EN) |
| Mining.com |
| Plastics News |
| Diversified Metals & Mining Resources |
| Mining Technology |
| International Mining |
| Northern Miner |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 11/4/2026