Diligence memo · auto-generated · as of July 2, 2026
Filo Mining Corp.
Filo Mining Corp. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Filo Mining Corp. operates in Mining & Resources, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Filo Mining Corp. has raised $7.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $7.5M on 2023-06-13.
Most recent recorded round closed around 2023-06-13.
Valuation (modeled)modeled
Provath models Filo Mining Corp. at approximately $24M (range $9.7M–$67M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.91× the median modeled value of Series A Mining & Resources companies in 2022–2024 (40 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 3.1 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 76% of Mining & Resources peers (701 compared).
Modeled value ranks above 90% of those peers.
Closest niche peers: 360 Mining, Inc., Arizona Sonoran Copper Co Inc., Reunion Gold Corp, American Strategic Metals Corp., MERIT Mining Ohio, LLC.
Peoplefiled
10 named people 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.