Diligence memo · auto-generated · as of July 2, 2026
Fredonia Mining Inc.
Fredonia Mining Inc. looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
Fredonia Mining Inc. operates in Mining & Resources, based in TORONTO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Fredonia Mining Inc. has raised $2.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.5M on 2026-02-04.
Most recent recorded round closed around 2026-02-04.
Valuation (modeled)modeled
Provath models Fredonia Mining Inc. at approximately $5.0M (range $2.1M–$8.7M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.82× the median modeled value of Seed Mining & Resources companies in 2025–2027 (77 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 5 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
Comparablesmixed
Capital scale ranks ahead of 54% of Mining & Resources peers (701 compared).
Modeled value ranks above 67% of those peers.
Closest niche peers: Blue Gold Ltd, Sierra Madre Gold & Silver Ltd., Metal Powder Works Ltd, Western Exploration Inc., Mayfair Gold Corp..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.