Companies · Mining & Resources

Intrepid Metals Corp.

VANCOUVER · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on Intrepid Metals Corp. — recommendation, valuation, rhythm, risks.
$2.5M
Total raised · real
6
Rounds
1.1×
Latest step-up
Top 46%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Dec 11 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Intrepid Metals Corp. looks fair against its niche peers and is active on financing cadence.

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.

Fair
  • Modeled value is 1.07× the median modeled value of Pre-Seed Mining & Resources companies in 2025–2027 (85 peers) — value vs value, same stage and era.
  • Within the normal band (107% of peer median) for its niche.
Active
  • Last raise 7 mo ago; this sector typically re-raises about every 11 months.
  • Raising on or ahead of the sector's normal rhythm.
Leadership

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.

Where it sits in Mining & Resources

Intrepid Metals Corp. is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 55% of sector peers), and in the long tail 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.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2025-12-11
First sale
Amount raised vs valuation, by round

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.

Amount raised · realModeled valuation · estCumulative funded · real
$0$1.3M$2.5M$3.8M$5.0MPre-Seed · 2016-08-03 Raised $136K (real) Modeled valuation $907K (est)$136K$907KPre-Seed2016Pre-Seed · 2022-04-21 Raised $851K (real) Modeled valuation $3.7M (est)$851K$3.7MPre-Seed2022Pre-Seed · 2023-12-08 Raised $475K (real) Modeled valuation $1.4M (est)$475K$1.4MPre-Seed2023Pre-Seed · 2024-01-24 Raised $381K (real) Modeled valuation $1.1M (est)$381K$1.1MPre-Seed2024Pre-Seed · 2024-12-11 Raised $331K (real) Modeled valuation $762K (est)$331K$762KPre-Seed2024Pre-Seed · 2025-12-11 Raised $364K (real) Modeled valuation $658K (est)$364K$658KPre-Seed2025+$851K+$475K+$381K+$331K+$364KCumulative $2.5M

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.

Financing ladder & sequence gaps
Pre-Seed$136K · 2016
Pre-Seed extension$851K · 2022
Pre-Seed extension$475K · 2023
Pre-Seed extension$381K · 2024
Pre-Seed extension$331K · 2024
Pre-Seed extension$364K · 2025

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$658K
Base estimate est.
$230K
Conservative case
$1.4M
Upside case
$2.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $907K · 2016-08-032016Pre-Seed · modeled $3.7M · 2022-04-21Pre-Seed · modeled $1.4M · 2023-12-08Pre-Seed · modeled $1.1M · 2024-01-24Pre-Seed · modeled $762K · 2024-12-11Pre-Seed · modeled $658K · 2025-12-112025
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.27×/yr
Annual markup
1.72×/yr upside case
0.6 yr
Elapsed time used
0.6 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$271K/yr
Capital velocity
9.9 yr
On record since
2016
First round
6
Rounds on file
How it compares to the market

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.

Total raised — vs sector median (real $, all stages) 1.1× above median
This company$2.5M
Sector median$2.3M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.3× above median
This company$364K
Sector median$271K
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$658K
Sector median$2.5M

Raised more than 55% of sector peers (real $). Modeled value above 21% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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. This company ranks #40 of 85.

This companyCohort peer
$100K$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)Silver Creek Investors, LLC /WI/ · Pre-Seed Raised $900K · modeled $2.0M (est)Viridian Metals Inc. · Pre-Seed Raised $919K · modeled $1.9M (est)Gold Candle Ltd. · Pre-Seed Raised $1.8M · modeled $1.9M (est)Argenta Silver Corp. · Pre-Seed Raised $931K · modeled $1.8M (est)Relevant Gold Corp. · Pre-Seed Raised $2.0M · modeled $1.8M (est)North Shore Uranium Ltd. · Pre-Seed Raised $1.3M · modeled $1.8M (est)Premier American Uranium Inc. · Pre-Seed Raised $952K · modeled $1.7M (est)ISS Mining 1, LLC · Pre-Seed Raised $898K · modeled $1.6M (est)Kingfisher Metals Corp. · Pre-Seed Raised $2.6M · modeled $1.6M (est)Yukon Metals Corp. · Pre-Seed Raised $707K · modeled $1.5M (est)Copper Giant Resources Corp. · Pre-Seed Raised $891K · modeled $1.4M (est)Sanu Gold Corp. · Pre-Seed Raised $694K · modeled $1.3M (est)Intrepid Metals Corp. (this company) Raised $2.5M · modeled $658K (est)Intrepid Metals Corp.
CompanyStageRaised · realValue · estvs peer med.
Silver Creek Investors, LLC /WI/Pre-Seed$900K$2.0M3.20×
Viridian Metals Inc.Pre-Seed$919K$1.9M3.10×
Gold Candle Ltd.Pre-Seed$1.8M$1.9M3.02×
Argenta Silver Corp.Pre-Seed$931K$1.8M2.95×
Relevant Gold Corp.Pre-Seed$2.0M$1.8M2.86×
North Shore Uranium Ltd.Pre-Seed$1.3M$1.8M2.85×
Premier American Uranium Inc.Pre-Seed$952K$1.7M2.69×
ISS Mining 1, LLCPre-Seed$898K$1.6M2.65×
Kingfisher Metals Corp.Pre-Seed$2.6M$1.6M2.62×
Yukon Metals Corp.Pre-Seed$707K$1.5M2.43×
Copper Giant Resources Corp.Pre-Seed$891K$1.4M2.25×
Sanu Gold Corp.Pre-Seed$694K$1.3M2.04×
Intrepid Metals Corp. this companyPre-Seed$2.5M$658K1.07×
Full financing history

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.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$136K2016-08-03$755K$907K85%
Pre-Seed$851K2022-04-21$4.7M$3.7M90%
Pre-Seed$475K2023-12-08$2.6M$1.4M90%
Pre-Seed$381K2024-01-24$2.1M$1.1M90%
Pre-Seed$331K2024-12-11$1.8M$762K90%
Pre-Seed$364K2025-12-11$2.0M$658K90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$136K2016-08-03
    • First recorded raise — entered as Pre-Seed.
    • 11 investors on this round.
  2. Pre-Seed$851K2022-04-21
    • Raised again after 69 mo — slower than the ~11 mo sector norm.
    • Round 6.3× larger than the prior — scaling up.
    • 4 investors on this round.
  3. Pre-Seed$475K2023-12-08
    • Raised again after 20 mo — slower than the ~11 mo sector norm.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Pre-Seed$381K2024-01-24
    • Came back fast: 2 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  5. Pre-Seed$331K2024-12-11
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  6. Pre-Seed$364K2025-12-11
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
Intelligence
2027 ~Q4
Modeled next raise · ~22mo cadence
$399K
Modeled next size est.range $364K$638K
1.1×
Last step-up
$271K/yr
Capital velocity

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.

Key people & operators

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.

PersonRoleAlso runsTied since
Jay Sujir11 other2022-04
Brian Shin6 other2024-01
Mark J. Morabito4 other2016-08
Sheila Paine4 other2016-08
Mark Lotz3 other2022-04
Daniel Lee2 other2022-04
Mark Morabito2 other2022-04
Matthew Lennox-King2 other2024-12
Richard Lock2 other2025-12
Alexander Klenman1 other2024-01
Carlo Valente1 other2016-08
Craig Bow1 other2016-08
Stewart Wallis1 other2016-08
Anthony Taylor2022-04
Kenneth Brophy2022-04
Kenneth Engquist2023-12
Leonard Karr2024-01
Mark J Lotz2016-08
Richard Grayston2016-08
Registry & provenance

Intrepid Metals 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.

United States
Country of record
US
Jurisdiction
1288268
SEC CIK
Similar companies

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.

CompanySectorStageRaised · realValue · estWhy similar
Crosshair Exploration & Mining CorpOtherSeed$3.2M$5.0Mnetwork5 shared operators
Excelsior Mining Corp.Mining & ResourcesSeries A$15.1M$678Knetwork2 shared operators · same sector
Copper Giant Resources Corp.Mining & ResourcesPre-Seed$891K$1.4Mnetwork1 shared operator · same sector · same stage
Contact Gold Corp.Mining & ResourcesPre-Seed$810K$5.4Mnetwork1 shared operator · same sector · same stage
Mexican Gold Corp.Mining & ResourcesPre-Seed$764K$601Knetwork1 shared operator · same sector · same stage
Kutcho Copper Corp.Mining & ResourcesPre-Seed$699K$537Knetwork1 shared operator · same sector · same stage
Bravada Gold CorpMining & ResourcesPre-Seed$2.5M$253Ksame sector · same stage
Kingfisher Metals Corp.Mining & ResourcesPre-Seed$2.6M$1.6Msame sector · same stage
Semantically similar

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.

CompanySectorStageValue · estMatch
Integral Metals Corp.Mining & ResourcesPre-Seed$819K89%
Idex Metals Corp.Mining & ResourcesPre-Seed$354K87%
Metallic Minerals Corp.Mining & ResourcesSeed$7.5M84%
Key Metals Corp.Mining & ResourcesSeries A$8.3M84%
Intrepid Energy, LLCOther EnergyPre-Seed$649K84%
Intrepid Solutions & Services Holdings, LLCOtherSeries A$154.7M83%
Omega Gold Corp.Mining & ResourcesPre-Seed$595K83%
Omega Copper Corp.Mining & ResourcesPre-Seed$875K83%
Frequently asked
How much funding has Intrepid Metals Corp. raised?
Intrepid Metals Corp. has raised approximately $2.5M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Intrepid Metals Corp.'s estimated valuation?
Provath's modeled valuation for Intrepid Metals Corp. is approximately $658K (modeled range $230K–$1.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Intrepid Metals Corp. at?
Intrepid Metals Corp.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Dec 11.
What does Intrepid Metals Corp. do and where is it based?
Intrepid Metals Corp. operates in the Mining & Resources sector, based in VANCOUVER.
Explore related

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