Fredonia Mining (TSXV:FRED) EBIT: C$-2.96 Mil (TTM As of Mar. 2026)

What is Fredonia Mining EBIT?

Fredonia Mining TSXV:FRED +2.50% 33 EBIT is C$-2.96 Mil as of Mar. 2026. GuruFocus rates TSXV:FRED with a GF Score™ of 33/100. The stock has 1 warning sign investors should review.

Fredonia Mining's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$-1.28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-2.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fredonia Mining's annualized ROC % for the quarter that ended in Mar. 2026 was -77,784.62%. Fredonia Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -72,914.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fredonia Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -14.30%.

Fredonia Mining (TSXV:FRED) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Fredonia Mining's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-5.056 * ( 1 - 0% )	/	( (0.0069999999999999	+	0.0060000000000002)	/ 2 )
=	-5.056	/	0.0065000000000001
=	-77,784.62 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.331	-	1.486	-	( 0.033	-	max(0, 1.486	-	0.324	+	0.033	))
=	0.0069999999999999

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	5.976	-	1.174	-	( 5.643	-	max(0, 1.174	-	5.97	+	5.643	))
=	0.0060000000000002

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Fredonia Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-5.104	/	( ( (0.007 + max(-1.481, 0))	+	(0.007 + max(-1.171, 0)) )	/	2 )
=	-5.104	/	( ( 0.007	+	0.007 )	/	2 )
=	-5.104	/	0.007
=	-72,914.29 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.0050000000000001)	-	(1.486	+	0	+	0)
=	-1.481

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.0030000000000001)	-	(1.174	+	0	+	0)
=	-1.171

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Fredonia Mining's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	-2.964	/	20.733
	=	-14.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fredonia Mining EBIT Related Terms

Fredonia Mining EBIT Historical Data

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The historical data trend for Fredonia Mining's EBIT can be seen below:

Fredonia Mining EBIT Chart

Fredonia Mining Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

EBIT

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-3.95

-4.45

-3.62

-1.52

-1.63

Fredonia Mining Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															0.38	-0.43	-0.95	-0.31	-1.28

TSXV:FRED vs HL: EBIT Comparison

For the Other Precious Metals & Mining subindustry, Fredonia Mining's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fredonia Mining EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fredonia Mining's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fredonia Mining's EV-to-EBIT falls into.

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33GF Score

Fredonia Mining Inc TSXV:FRED

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Fredonia Mining EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.96 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of C$-2.96 Mil mean?

Fredonia Mining (TSXV:FRED) has a EBIT of C$-2.96 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Fredonia Mining.

Is Fredonia Mining's EBIT too high?

Fredonia Mining's current EBIT is C$-2.96 Mil. Overall, Fredonia Mining has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.

How does Fredonia Mining's EBIT compare to HL?

Fredonia Mining's EBIT of C$-2.96 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Metals & Mining company?

A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Fredonia Mining. Fredonia Mining's current EBIT is C$-2.96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Fredonia Mining stock overvalued right now?

Fredonia Mining (TSXV:FRED) has a current EBIT of C$-2.96 Mil. The current EBIT is C$-2.96 Mil. Fredonia Mining's overall GF Score™ is 33/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Fredonia Mining (TSXV:FRED), the current EBIT is C$-2.96 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fredonia Mining Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSXV:XGC TSXV:WEX TSXV:STRR TSXV:QGR TSXV:GUN TSXV:GBU XCNQ:RLGC TSXV:PNTR TSXV:RLYG XCNQ:PAU LSE:FRES JSE:VAL ISX:AMMN JSE:IMP HL LIM:BUENAVC1 JSE:SSW TSX:CGG JSE:NPH TSX:TFPM

Other Exchanges FREDF:USA

Address 82 Richmond Street East, Toronto, ON, CAN, M5C 1P1

Website https://www.fredoniamanagement.com

Fredonia Mining Inc is engaged in the exploration of precious metals in Argentina. Fredonia holds licenses over three areas in the Deseado including the flagship El Dorado Monserrat Project, EDM, as well as El Aguila, and Hornia. Fredonia has undertaken exploration drill programs on EDM and El Aguila with encouraging results. Hornia is an underexplored area but historic drilling indicates the realistic potential for further discoveries. El Aguila is interpreted as a failed caldera with gold mineralization encountered in radial as well as ring structures.

33GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.41

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