Diligence memo · auto-generated · as of July 2, 2026
Power Metallic Mines Inc.
Power Metallic Mines Inc. looks over-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Power Metallic Mines Inc. operates in Other Energy, based in TORONTO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Power Metallic Mines Inc. has raised $2.5M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $899K on 2013-07-03.
Most recent recorded round closed around 2025-02-27.
Valuation (modeled)modeled
Provath models Power Metallic Mines Inc. at approximately $1.7M (range $403K–$4.7M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.87× the median modeled value of Pre-Seed Other Energy companies in 2025–2027 (31 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 59 months.
Last raise 16 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
The last round was 1.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 44% of Other Energy peers (2049 compared).
Modeled value ranks above 8% of those peers.
Closest niche peers: Applied Atomics, Inc, Meridian Mining UK Societas, Synthec Fuels Wisconsin, Inc., Sunland America, Corp., BioLargo Energy Technologies Inc..
Peoplefiled
19 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.