Troilus Mining Corp, a development-stage mining company based in Toronto, Canada, has recently been in the news due to a significant corporate development. On January 29, 2026, the company announced an $8.25 million option granted to Delta Resources for the acquisition of the Delta‑2 Project in Quebec. This option includes a 1% net-sales royalty payable over three years, contingent upon the exercise of the option.
Troilus Mining Corp operates within the Materials sector, specifically in the Metals & Mining industry. The company is listed on the Toronto Stock Exchange and trades in Canadian dollars (CAD). As of the close of trading on January 29, 2026, the company’s share price was CAD 2.05. Over the past year, the stock has experienced considerable volatility, reaching a 52-week high of CAD 2.21 on January 28, 2026, and a low of CAD 0.31 on March 9, 2025.
The company’s market capitalization stands at approximately CAD 989.5 million. Financially, Troilus Mining Corp is characterized by a price-to-earnings (P/E) ratio of -15.5, indicating negative earnings. Additionally, the price-to-book (P/B) ratio is 152.87, suggesting a premium valuation relative to its book value. These financial metrics highlight the challenges faced by the company within the competitive mining sector.
Troilus Mining Corp specializes in providing uranium, copper, coal, and gold exploration services across Canada. Despite its sporadic presence in the news, the recent option agreement with Delta Resources underscores the company’s ongoing efforts to advance its project portfolio and enhance its market position.
