Fuerte Metals Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	56.86	5.58	1.17	0.82	2.9
Trading Asset Securities	2.31	-	-	-	-
Cash & Short-Term Investments	59.17	5.58	1.17	0.82	2.9
Cash Growth	961.38%	377.33%	43.09%	-71.84%	-
Other Receivables	0.26	0.01	0.06	0.04	0.03
Receivables	0.26	0.01	0.06	0.04	0.03
Prepaid Expenses	0.16	0.11	-	0.01	0.01
Other Current Assets	-	-	0.31	-	-
Total Current Assets	59.58	5.69	1.55	0.87	2.93
Property, Plant & Equipment	147.33	6.08	1.92	8.78	8.78
Long-Term Investments	4.62	-	-	-	-
Total Assets	211.53	11.77	3.47	9.64	11.71
Accounts Payable	2.07	0.09	0.76	0.09	0.14
Accrued Expenses	-	-	-	0.01	-
Short-Term Debt	-	-	1.12	-	-
Other Current Liabilities	2.54	0.01	-	-	0
Total Current Liabilities	4.61	0.1	1.88	0.1	0.14
Long-Term Deferred Tax Liabilities	1.39	-	-	-	-
Other Long-Term Liabilities	10.27	-	-	-	-
Total Liabilities	16.28	0.1	1.88	0.1	0.14
Common Stock	189.71	38.71	15.8	15.48	15.48
Retained Earnings	-40.78	-30.77	-16.93	-6.3	-4.06
Comprehensive Income & Other	15.82	3.74	2.72	0.36	0.14
Total Common Equity	164.74	11.67	1.59	9.55	11.57
Shareholders' Equity	195.25	11.67	1.59	9.55	11.57
Total Liabilities & Equity	211.53	11.77	3.47	9.64	11.71
Total Debt	-	-	1.12	-	-
Net Cash (Debt)	63.79	5.58	0.05	0.82	2.9
Net Cash Growth	1044.19%	12014.98%	-94.36%	-71.84%	-
Net Cash Per Share	0.86	0.10	0.01	0.14	0.80
Filing Date Shares Outstanding	140.61	61.17	61.15	5.73	3.61
Total Common Shares Outstanding	126.86	61.17	5.99	5.73	3.61
Working Capital	54.97	5.6	-0.33	0.77	2.79
Book Value Per Share	1.30	0.19	0.26	1.67	3.20
Tangible Book Value	164.74	11.67	1.59	9.55	11.57
Tangible Book Value Per Share	1.30	0.19	0.26	1.67	3.20
Land	0.27	-	-	-	-
Buildings	15.79	-	-	-	-
Machinery	9.19	-	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.