Many thanks!
With a 134% gain in 2025, market cap is now $300M. It has no revenue, losses and negative cash flow (all negatives). Its assets are decent, it has potential, recently raised money and the sector is hot (all positives). Insiders own 3%. Its main property is in Zambia, which is generally pro-mining (up to a point). It recently had good drill results. MMA focuses on copper and cobalt exploration in Zambia's prolific Copperbelt, primarily through its 506 km² Solwezi Project near First Quantum Minerals' Kansanshi mine. The company targets high-grade oxide and sulfide copper deposits at areas like Kazhiba, Dumbwa, Mitu, and Crunch Zone. Recent financing of C$26.5 million supports aggressive drilling to delineate resources and expand mineralization. It has potential, certainly, but needs to be considered speculative. More time and money are going to be needed here, and there is no current timeframe to production. A sector reversal would hit the stock quite hard.