Diligence memo · auto-generated · as of July 2, 2026
Bare Metal Standard Inc.
Bare Metal Standard Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Bare Metal Standard Inc. operates in Mining & Resources, based in BOISE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Bare Metal Standard Inc. has raised $6.0M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.0M on 2015-07-01.
Most recent recorded round closed around 2017-07-01.
Valuation (modeled)modeled
Provath models Bare Metal Standard Inc. at approximately $16M (range $2.6M–$126M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.47× the median modeled value of Seed Mining & Resources companies in 2016–2018 (23 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 9.0 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 74% of Mining & Resources peers (701 compared).
Modeled value ranks above 84% of those peers.
Closest niche peers: Constantine Metal Resources Ltd., Superior Gold Inc., Kenadyr Mining (Holdings) Corp, UltraConductive Copper Company, Inc., Honey Gold Processing Llc.
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.