North Bay Resources Inc. Overview
North Bay Resources Inc., a mining company based in the United States, is listed on the OTC Bulletin Board. The company has been navigating a challenging financial landscape, as evidenced by its recent stock performance and financial metrics.
Stock Performance
As of July 14, 2025, North Bay Resources Inc. closed at a price of $0.0005 per share. This represents a significant fluctuation over the past year, with the stock reaching a 52-week high of $0.0016 on October 23, 2024, and a low of $0.0002 on July 18, 2024. These figures highlight the volatility in the company’s stock price over the past year.
Financial Metrics
The company’s market capitalization stands at $3,860,000 USD, reflecting its current valuation in the market. However, North Bay Resources Inc. faces financial challenges, as indicated by its price-to-earnings (P/E) ratio of -8.33. This negative P/E ratio suggests that the company is currently not generating profits, which is a critical factor for investors to consider.
Company Description
North Bay Resources Inc. is engaged in the mining sector, focusing on the exploration and development of mineral properties. Despite the financial hurdles, the company continues its operations in the United States, aiming to capitalize on potential opportunities within the mining industry.
In summary, while North Bay Resources Inc. is navigating a period of financial difficulty, its ongoing operations and market presence on the OTC Bulletin Board indicate its commitment to pursuing growth and development in the mining sector.