SURMF
Surface Metals Inc.
OTC Markets OTCQBUSDEQUITY
DELAYED
Last price
0.12
■ 0.00 (0.00%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
—
Prev close
0.12
Day high
0.12
Day low
0.12
Volume
52.00K
Market cap
—
P/E (TTM)
—
52W range
0.07 – 0.34
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
+10.19%
+11.6%
1M
-2.11%
-5.8%
3M
-17.25%
-20.3%
6M
-33.24%
-44.3%
YTD
-36.73%
-49.0%
1Y
+4.22%
-15.8%
3Y
-71.14%
-145.3%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap—
Enterprise value—
Revenue (TTM)—
Gross profit—
EBITDA—
Net income—
EPS (TTM)—
Free cash flow—
Total cash—
Total debt—
Book value / share—
Shares outstanding—
Float—
Short % of float—
Dividend yield—
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E—
Forward P/E—
PEG ratio—
Price / sales—
Price / book—
EV / revenue—
EV / EBITDA—
Gross margin—
Operating margin—
Profit margin—
Return on equity—
Return on assets—
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $0 | $0 | $0 | $0 | — |
| Operating revenue | $0 | $0 | $0 | $0 | — |
| Cost of revenue | $42.79K | $74.79K | $103.46K | $17.50K | -42.8% |
| Gross profit | -$42.79K | -$74.79K | -$103.46K | -$17.50K | +42.8% |
| Research & development | $2.94K | $9.18K | $215.17K | $87.79K | -68.0% |
| Selling, general & admin | $846.13K | $664.26K | $1.34M | $3.73M | +27.4% |
| Total operating expense | $4.06M | $733.75K | $1.70M | $4.15M | +453.9% |
| Operating income | -$4.11M | -$808.55K | -$1.80M | -$4.17M | -407.9% |
| Net interest income | -$25.69K | -$24.11K | $100.54K | $60.95K | -6.5% |
| Pre-tax income | -$4.09M | -$886.11K | -$1.70M | -$3.52M | -362.0% |
| Net income | -$4.09M | -$886.11K | -$1.70M | -$3.52M | -362.0% |
| Net income to common | -$4.09M | -$886.11K | -$1.70M | -$3.52M | -362.0% |
| Basic EPS | -0.13 | -0.04 | -0.09 | -0.21 | -225.0% |
| Diluted EPS | -0.13 | -0.04 | -0.09 | -0.21 | -225.0% |
| EBIT | -$4.07M | -$858.53K | -$1.67M | -$3.52M | -373.6% |
| EBITDA | -$4.02M | -$783.74K | -$1.57M | -$3.51M | -413.3% |
| Basic shares | 32.04M | 23.31M | 19.41M | 15.33M | +37.5% |
| Diluted shares | 32.04M | 23.31M | 19.41M | 15.33M | +37.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $266.27K | $255.43K | $292.54K | $9.82M | — | +4.2% |
| Cash & short-term investments | $266.27K | $255.43K | $292.54K | $9.82M | — | +4.2% |
| Accounts receivable | $0 | $58.13K | $0 | $0 | — | -100.0% |
| Total current assets | $1.04M | $352.10K | $431.15K | $9.99M | — | +194.2% |
| Property, plant & equipment | $9.06M | $12.39M | $12.50M | $4.08M | — | -26.9% |
| Goodwill & intangibles | — | — | — | — | $0 | — |
| Total assets | $10.20M | $12.83M | $13.05M | $14.17M | — | -20.5% |
| Total current liabilities | $243.35K | $296.85K | $553.89K | $934.58K | — | -18.0% |
| Total debt | $103.29K | $137.66K | $165.49K | $0 | — | -25.0% |
| Total liabilities | $304.45K | $400.14K | $691.55K | $934.58K | — | -23.9% |
| Retained earnings | -$12.10M | -$8.01M | -$7.12M | -$5.42M | — | -51.1% |
| Shareholder equity | $9.90M | $12.43M | $12.36M | $13.24M | — | -20.4% |
| Working capital | $792.40K | $55.25K | -$122.74K | $9.05M | — | +1,334.2% |
| Net tangible assets | $9.90M | $12.43M | $12.36M | $13.24M | — | -20.4% |
| Shares issued | 43.59M | 25.32M | 19.71M | 17.83M | — | +72.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$4.09M | -$886.11K | -$1.70M | -$3.52M | — | -362.0% |
| Depreciation & amortisation | $42.79K | $74.79K | $103.46K | $17.50K | — | -42.8% |
| Stock-based compensation | $292.98K | $0 | $0 | $2.11M | — | — |
| Change in working capital | -$8.33K | $26.63K | -$151.08K | $30.23K | — | -131.3% |
| Operating cash flow | -$557.44K | -$650.82K | -$1.72M | -$1.96M | — | +14.3% |
| Capital expenditure | — | — | -$284.74K | -$275.88K | -$338.75K | — |
| Investing cash flow | -$291.88K | -$251.64K | -$8.20M | -$1.71M | — | -16.0% |
| Financing cash flow | $868.24K | $875.79K | $432.03K | $10.62M | — | -0.9% |
| Free cash flow | -$557.44K | -$650.82K | -$2.01M | -$2.23M | — | +14.3% |
| End cash position | $266.27K | $255.43K | $292.54K | $9.82M | — | +4.2% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $0 | $0 | $0 | $0 | $0 | — | — |
| Operating revenue | $0 | $0 | $0 | $0 | $0 | — | — |
| Cost of revenue | $10.70K | $10.70K | $10.70K | $10.70K | $10.70K | — | 0.0% |
| Gross profit | -$10.70K | -$10.70K | -$10.70K | -$10.70K | -$10.70K | — | 0.0% |
| Selling, general & admin | $184.86K | $260.16K | $194.29K | $409.54K | $111.38K | — | -28.9% |
| Total operating expense | $359.70K | $267.63K | $3.39M | $425.90K | $111.42K | — | +34.4% |
| Operating income | -$370.39K | -$278.33K | -$3.40M | -$436.59K | -$122.12K | — | -33.1% |
| Net interest income | -$46.17K | -$4.17K | -$9.24K | -$5.38K | -$5.43K | — | -1,007.5% |
| Pre-tax income | -$415.81K | -$248.90K | -$3.39M | -$435.74K | -$113.15K | — | -67.1% |
| Net income | -$415.81K | -$255.90K | -$3.39M | -$435.74K | -$113.15K | — | -62.5% |
| Net income to common | -$415.81K | -$255.90K | -$3.39M | -$435.74K | -$113.15K | — | -62.5% |
| Basic EPS | -0.01 | -0.01 | — | -0.01 | 0.00 | -0.01 | 0.0% |
| Diluted EPS | -0.01 | -0.01 | — | -0.01 | 0.00 | -0.01 | 0.0% |
| EBIT | -$369.34K | -$244.48K | -$3.38M | -$430.15K | -$107.44K | — | -51.1% |
| EBITDA | -$358.64K | -$233.79K | -$3.37M | -$419.45K | -$96.74K | — | -53.4% |
| Basic shares | 45.36M | 44.33M | — | 34.76M | 25.43M | 25.32M | +2.3% |
| Diluted shares | 45.36M | 44.33M | — | 34.76M | 25.43M | 25.32M | +2.3% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $465.60K | $844.56K | $266.27K | $549.48K | $74.09K | — | -44.9% |
| Cash & short-term investments | $533.10K | $916.56K | $266.27K | $549.48K | $74.09K | — | -41.8% |
| Accounts receivable | — | — | $0 | $11.79K | $56.79K | $56.79K | — |
| Total current assets | $689.50K | $1.09M | $1.04M | $660.90K | $193.07K | — | -36.8% |
| Property, plant & equipment | $9.18M | $8.99M | $9.06M | $12.66M | $12.92M | — | +2.1% |
| Total assets | $9.97M | $10.19M | $10.20M | $13.42M | $13.22M | — | -2.1% |
| Total current liabilities | $308.18K | $263.39K | $243.35K | $270.42K | $385.01K | — | +17.0% |
| Total debt | $83.22K | $93.56K | $103.29K | $112.77K | $121.33K | — | -11.1% |
| Total liabilities | $344.74K | $312.58K | $304.45K | $343.09K | $468.23K | — | +10.3% |
| Retained earnings | -$12.77M | -$12.36M | -$12.10M | -$8.71M | -$8.27M | — | -3.4% |
| Shareholder equity | $9.63M | $9.88M | $9.90M | $13.08M | $12.75M | — | -2.5% |
| Working capital | $381.33K | $827.53K | $792.40K | $390.48K | -$191.94K | — | -53.9% |
| Net tangible assets | $9.63M | $9.88M | $9.90M | $13.08M | $12.75M | — | -2.5% |
| Shares issued | 45.36M | 45.36M | 43.59M | 43.59M | 25.99M | — | 0.0% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$415.81K | -$255.90K | -$3.39M | -$435.74K | -$113.15K | -62.5% |
| Depreciation & amortisation | $10.70K | $10.70K | $10.70K | $10.70K | $10.70K | 0.0% |
| Stock-based compensation | $26.56K | $26.56K | $21.08K | $271.90K | $0 | 0.0% |
| Change in working capital | $16.90K | $568.92K | $51.33K | -$105.94K | $16.03K | -97.0% |
| Operating cash flow | -$310.52K | $327.78K | -$117.77K | -$253.75K | -$80.71K | -194.7% |
| Investing cash flow | -$42.67K | -$44.87K | -$152.26K | -$203.21K | $78.12K | +4.9% |
| Financing cash flow | -$14.40K | $295.27K | -$14.41K | $910.77K | -$14.15K | -104.9% |
| Free cash flow | -$310.52K | $327.78K | -$117.77K | -$253.75K | -$80.71K | -194.7% |
| End cash position | $465.60K | $844.56K | $266.27K | $549.48K | $74.09K | -44.9% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
Consensus—
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders—
Held by institutions—
Institutions holding—
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
0.11
+3.40% from price
SMA 20
0.11
+0.28% from price
SMA 50
0.12
-3.07% from price
SMA 100
0.12
-6.66% from price
SMA 200
0.15
-25.02% from price
EMA 12
0.11
+3.76% from price
EMA 26
0.11
+2.40% from price
EMA 50
0.12
-1.29% from price
RSI (14)
50.0
Neutral
MACD (12,26,9)
-0.00
Hist 0.00
ATR (14)
0.03
24.28% of price
Realised vol 30D
145.3%
Annualised
Bollinger upper
0.13
20, 2σ
Bollinger lower
0.09
20, 2σ
50 / 200 cross
Death
0.12 vs 0.15
Trend bias
Below 200
-25.02%
Risk profile
Beta vs SPY
-1.22
Less volatile than market
Correlation to SPY
-0.08
Largely independent
Realised vol 30D
145.3%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-73.8%
Peak to trough
Max drawdown 5Y
-99.1%
Peak to trough
ATR 14
0.03
24.28% of price
Beta (reported)
—
5Y monthly, from filing
Headlines
Surface Metals advances Nevada Gold and Lithium projects toward key milestones
Proactive · 43d ago
Surface Metals to Present at Fastmarkets Global Lithium, Battery & Critical Materials Conference in Las Vegas, Nevada
TMX Newsfile · 67d ago
Surface Metals Announces Amendment to Clayton Valley Option Agreement
TMX Newsfile · 68d ago
Surface Metals Inc. Rings the Opening Bell on the Canadian Securities Exchange
TMX Newsfile · 74d ago
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