Companies · Mining & Resources
VANCOUVER · Mining & Resources · refined from filed group “Other”
Diligence memoA one-page analyst read on Foran Mining Corp — recommendation, valuation, rhythm, risks.→Foran Mining Corp has raised $152M over 6 rounds; too few niche peers to rank its valuation yet.
Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
No named principal in this company's public records yet — see all operators below.
Explore how these operators interlock with other companies in the operator network.
Foran Mining Corp is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
As reported in public records reported — not modeled.
Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.
The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.
Stages are modeled from round size (public records carry no series label). No record for: Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.
Round size and date are reported; the stage label is inferred from round size (latest is Series C — a $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.
Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.
Raised more than 99% of sector peers (real $). Modeled value above 93% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Gold Reserve Ltd | Series C | $250.4M | $370.6M | 1.53× |
| Sunshine Silver Mining & Refining Co | Series C | $48.9M | $241.9M | 1.00× |
| Foran Mining Corp this company | Series C | $152.1M | $42.2M | 0.17× |
Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Pre-Seed | $257K | 2012-08-30 | $1.4M | $1.7M | 85% |
| Series B | $19.1M | 2021-08-06 | $106.2M | $87.0M | 90% |
| Series C | $41.0M | 2024-08-08 | $273.0M | $202.5M | 90% |
| Series C | $78.0M | 2024-08-08 | $519.8M | $385.5M | 90% |
| Series C | $37.4M | 2024-09-17 | $249.5M | $185.0M | 90% |
| Series C | $45.8M | 2025-05-28 | $305.3M | $226.4M | 90% |
| Series C | $8.5M | 2025-07-11 | $56.9M | $42.2M | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.
Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| Maurice Tagami | — | 3 other | 2012-08 |
| Patrick Soares | — | 2 other | 2012-08 |
| Darren Morcombe | — | 1 other | 2012-08 |
| David M. Petroff | — | 1 other | 2012-08 |
| David Petroff | — | 1 other | 2021-08 |
| Jean Rogers | — | 1 other | 2021-08 |
| Bradley Summach | — | — | 2012-08 |
| Daniel Myerson | — | — | 2024-08 |
| Dan Myerson | — | — | 2021-08 |
| Dave M. Fleming | — | — | 2012-08 |
| Etienne G. Ravilet-Guzman | — | — | 2025-05 |
| Fiona M. Childe | — | — | 2012-08 |
| Gilbert Lamarche | — | — | 2025-07 |
| Glibert Lamarche | — | — | 2024-08 |
| James Steels | — | — | 2021-08 |
| Jessica McDonald | — | — | 2024-08 |
| Majd Bakar | — | — | 2025-07 |
| Majd Baker | — | — | 2024-08 |
| Marie Inkster | — | — | 2024-08 |
| Nancy Guay | — | — | 2024-08 |
| Roger March | — | — | 2021-08 |
| Roger M. March | — | — | 2012-08 |
| Sharon Dowdall | — | — | 2012-08 |
| Tim M. Thiessen | — | — | 2012-08 |
Foran Mining Corp is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Hecla Mining Co/De/ | Mining & Resources | Series C | $100.0M | $45.6M | same sector · same stage |
| i-80 Gold Corp. | Mining & Resources | Series C | $76.1M | $22.7M | same sector · same stage |
| Sabina Gold & Silver Corp. | Mining & Resources | Series C | $49.9M | $1.7M | same sector · same stage |
| Maple Gold Mines Ltd. | Mining & Resources | Pre-Seed | $639K | $341K | network1 shared operator · same sector |
| Brett Resources Inc | Other | Series A | $5.6M | $63.4M | network2 shared operators |
| International Tower Hill Mines Ltd | Mining & Resources | Series B | $96.9M | $15.1M | same sector |
| Bunker Hill Mining Corp. | Mining & Resources | Series B | $95.2M | $76.7M | same sector |
| Besra Gold Inc. | Mining & Resources | Series B | $76.8M | $13.3M | same sector |
Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Inomin Mines Inc. | Mining & Resources | Pre-Seed | $342K | 86% |
| Orestone Mining Corp. | Mining & Resources | Pre-Seed | $325K | 84% |
| DeepGreen Metals Inc. | Mining & Resources | Series A | $37.9M | 83% |
| Titan Mining Corp | Mining & Resources | Pre-Seed | $2.5M | 83% |
| Pershing Gold Corp. | Mining & Resources | Series A | $28.6M | 83% |
| Dore Copper Mining Corp. | Mining & Resources | Seed | $1.6M | 83% |
| B & N Mining, Inc. | Mining & Resources | Seed | $6.1M | 83% |
| InZinc Mining Ltd. | Mining & Resources | Pre-Seed | $3.0M | 83% |
See where Foran Mining Corp sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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