Hanna Capital Corp. (NITMF) Stock Analysis
DELISTED 2026
What happened to Hanna Capital Corp. (NITMF) stock?
Hanna Capital Corp. (NITMF) no longer trades on public markets. It was delisted in January 2026. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Hanna Capital Corp. (NITMF) trades at $0.002. Hanna Capital Corp. is a venture capital firm that invests in early-stage to pre-IPO companies, primarily focusing on the mining and technology sectors. Sector: Basic materials.
Last analyzed: Mar 17, 2026Analyst Coverage for NITMF: NITMF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NITMF against Basic Materials peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
NITMF: the 2 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Hanna Capital Corp. (NITMF) Materials & Commodity Exposure
Hanna Capital Corp., a Canadian venture capital firm, focuses on early-stage investments in the mining and technology sectors, differentiating itself through a diversified portfolio that includes green and alternative energy. With a small market capitalization and negative P/E ratio, the company navigates a competitive landscape of larger, more established venture capital firms.
What Is the Investment Thesis for NITMF?
Hanna Capital Corp. presents a speculative investment opportunity given its focus on early-stage ventures in the mining and technology sectors. The company's negative P/E ratio of -3.12 reflects its current lack of profitability, while its beta of 0.71 suggests lower volatility compared to the overall market. Key value drivers include successful exits from its portfolio companies and the ability to identify and nurture promising early-stage ventures. Growth catalysts include increasing demand for resources and technological innovation, particularly in the green energy and alternative energy sectors. Potential risks include the inherent uncertainty of early-stage investments, fluctuations in commodity prices, and competition from larger, more established venture capital firms. Investors should carefully consider the company's financial performance, investment strategy, and risk profile before making any investment decisions.
Based on FMP financials and quantitative analysis
NITMF Key Highlights
Market capitalization of $0.00B indicates a micro-cap company with limited liquidity.
- P/E ratio of -3.12 reflects current losses and the company's investment stage.
- Beta of 0.71 suggests lower volatility compared to the overall market.
- Focus on mining and technology sectors aligns with potential growth areas.
- Investment in early-stage to pre-IPO companies offers high-risk, high-reward potential.
Who Are NITMF's Competitors?
NITMF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CNSUF Canasil Resources Inc. | $0.04 | +0.00% | $7.01M | 48 |
| ABCAF Athabasca Minerals Inc. | $0.11 | +12.21% | $9.00M | 56 |
| EROSF Eros Resources Corp. | $0.43 | +3.11% | $11.9M | 56 |
| WRMCF White Rock Minerals Ltd | $0.06 | +0.00% | $15.8M | 56 |
| CBBHF Cobalt Blue Holdings Limited | $0.05 | -1.47% | $27.6M | 54 |
| PANRF Panoramic Resources Limited | $0.01 | -66.67% | $29.7M | 56 |
| LTSRF Lotus Resources Limited | $0.17 | -5.46% | $34.0M | 55 |
| EMHXY European Metals Holdings Limited | $3.93 | +0.00% | $39.0M | 52 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NITMF's Key Strengths?
Focus on high-growth sectors (mining, technology, green energy).
- Early-stage investment strategy offers potential for significant returns.
- Diversified investment portfolio reduces risk.
- Experienced management team with industry expertise.
What Are NITMF's Weaknesses?
Small market capitalization limits access to capital.
- Negative P/E ratio reflects current losses.
- Dependence on successful exits for revenue generation.
- Limited brand recognition compared to larger venture capital firms.
What Could Drive NITMF Stock Higher?
Potential successful exits from portfolio companies could generate significant returns.
- Increasing demand for resources and technological innovation could drive growth in the mining and technology sectors.
- Strategic partnerships with established companies could provide access to new investment opportunities.
What Are the Key Risks for NITMF?
Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Economic downturn could reduce investment activity and impact portfolio company valuations.
- Fluctuations in commodity prices could negatively impact mining investments.
- Competition from larger, more established venture capital firms.
- Regulatory changes could impact investment opportunities.
- The inherent uncertainty of early-stage investments carries a high risk of failure.
What Are the Growth Opportunities for NITMF?
- Expansion into Green Energy Sector: Hanna Capital can capitalize on the growing demand for green energy solutions by investing in early-stage companies developing innovative technologies in renewable energy, energy storage, and smart grid systems. Success depends on identifying and nurturing promising green energy ventures with strong intellectual property and market potential.
- Strategic Partnerships with Mining Companies: Hanna Capital can forge strategic partnerships with established mining companies to gain access to promising mining projects and expertise. These partnerships can provide Hanna Capital with a competitive advantage in identifying and evaluating mining investment opportunities, as well as access to capital and resources. The mining industry is undergoing a period of transformation, with increasing focus on sustainability and responsible mining practices, creating opportunities for innovative ventures.
- Investment in Water Technology: With increasing global water scarcity, Hanna Capital can explore investment opportunities in water technology companies developing solutions for water purification, desalination, and water management. The global water technology market is projected to experience significant growth in the coming years, driven by increasing demand for clean water and efficient water management practices. Success depends on identifying and nurturing promising water technology ventures with strong intellectual property and market potential.
- Focus on Technology Startups: Hanna Capital can focus on investing in technology startups developing innovative solutions in areas such as artificial intelligence, blockchain, and the Internet of Things. The technology sector is experiencing rapid growth, with new ventures emerging constantly. By focusing on technology startups, Hanna Capital can tap into a dynamic and high-growth market. Success depends on identifying and nurturing promising technology ventures with strong intellectual property and market potential.
- Geographic Expansion: Hanna Capital can expand its geographic reach by establishing a presence in other regions with strong mining and technology sectors. This expansion can provide Hanna Capital with access to new investment opportunities and markets. Geographic expansion requires careful planning and execution, but it can significantly enhance Hanna Capital's growth potential. Success depends on identifying and entering attractive geographic markets with strong growth potential.
What Are NITMF's Competitive Advantages?
- Expertise in the mining and technology sectors.
- Network of contacts in the venture capital industry.
- Early-stage investment focus provides potential for high returns.
- Diversified investment portfolio reduces risk.
What Does NITMF Do?
Hanna Capital Corp., formerly Nitinat Minerals Corporation, was established in 2004 in Toronto, Canada. The firm operates as a venture capital entity, channeling investments into companies across various stages of development, from early-stage ventures to those nearing an initial public offering. Hanna Capital's investment strategy centers around the mining and technology sectors, reflecting a commitment to industries with potential for significant growth and innovation. Beyond its core focus, the firm also explores opportunities within the water, green energy, and alternative energy sectors, showcasing a diversified approach to resource allocation. Hanna Capital Corp. actively considers investments in both public and private issuers, providing flexibility in its approach to deal sourcing and execution. The firm's location in Toronto positions it within a prominent financial hub, granting access to a network of investors, advisors, and industry experts. As a venture capital firm, Hanna Capital plays a crucial role in providing capital and support to emerging companies, contributing to the growth and development of the industries it serves. The company's evolution from Nitinat Minerals Corporation to Hanna Capital Corp. reflects a strategic shift towards a broader investment mandate, encompassing a wider range of sectors and opportunities.
What Products and Services Does NITMF Offer?
- Invests in early-stage companies.
- Provides capital to pre-IPO companies.
- Focuses on the mining sector.
- Invests in the technology sector.
- Considers investments in water-related companies.
- Explores opportunities in green energy.
- Invests in alternative energy ventures.
How Does NITMF Make Money?
- Hanna Capital generates revenue through capital appreciation of its investments.
- The firm earns returns from successful exits, such as IPOs or acquisitions.
- Hanna Capital may receive dividends or interest income from its investments.
What Industry Does NITMF Operate In?
Hanna Capital Corp. operates within the venture capital industry, which plays a crucial role in funding and supporting early-stage companies. The industry is characterized by intense competition, with numerous firms vying for investment opportunities. Market trends include increasing focus on sustainable and socially responsible investments, as well as growing demand for technology and resource-related ventures. Hanna Capital's focus on mining and technology aligns with these trends, but the company faces competition from larger, more established venture capital firms with greater resources and expertise. The venture capital industry is subject to economic cycles, with periods of increased investment activity followed by periods of consolidation and retrenchment.
Who Are NITMF's Key Customers?
- Early-stage companies in need of capital.
- Pre-IPO companies seeking funding for growth.
- Mining companies looking for investment.
- Technology companies seeking capital.
- Companies in the water, green energy, and alternative energy sectors.
Company Profile
Hanna Capital Corp. operates in the Industrial Materials industry within the Basic Materials sector. It is headquartered in Toronto, CA. The company is led by CEO Hidir Hasgul. NITMF has traded publicly since 2014.
Key Financial Metrics
Return on equity for Hanna Capital Corp. stands at 221.2%, a gauge of how efficiently it converts shareholder capital into profit. Its free cash flow yield is -5.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 3.33 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -145.3%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Hanna Capital Corp.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny.
NITMF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Focus on high-growth sectors (mining, technology, green energy).
- Early-stage investment strategy offers potential for significant returns.
- Diversified investment portfolio reduces risk.
- Experienced management team with industry expertise.
Bear Case
- Small market capitalization limits access to capital.
- Negative P/E ratio reflects current losses.
- Dependence on successful exits for revenue generation.
- Limited brand recognition compared to larger venture capital firms.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
NITMF Latest News
No recent news available for NITMF.
Leadership: Hidir Hasgul
CEO
Hidir Hasgul serves as the CEO of Hanna Capital Corp. Details regarding his specific educational background and previous roles are not available in the provided data. However, as CEO, he is responsible for the overall strategic direction and management of the company, including investment decisions, fundraising, and investor relations. His leadership is crucial to the success of Hanna Capital's investment strategy and growth objectives.
Track Record: Information regarding Hidir Hasgul's specific achievements and milestones as CEO of Hanna Capital Corp. is not available in the provided data. His performance would be reflected in the company's investment returns, portfolio growth, and overall financial performance. Assessing his track record requires access to detailed financial and operational data.
NITMF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Hanna Capital Corp. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited or no financial disclosure, making it difficult for investors to assess their financial health and performance. Investing in OTC Other stocks carries significant risks due to the lack of regulation and transparency compared to stocks listed on major exchanges like the NYSE or NASDAQ. Investors should exercise extreme caution and conduct thorough due diligence before investing in OTC Other stocks.
- OTC Tier: OTC Other
- Limited financial disclosure increases the risk of investing in NITMF.
- Low liquidity can make it difficult to buy or sell shares.
- OTC Other listing indicates a higher level of risk compared to stocks listed on major exchanges.
- Small market capitalization makes the stock more susceptible to manipulation.
- Lack of regulation and oversight increases the potential for fraud.
- Verify the company's financial statements and disclosures.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's legal and regulatory compliance.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before making any investment decisions.
- Incorporation in Canada provides some level of regulatory oversight.
- Focus on mining and technology sectors aligns with potential growth areas.
- Venture capital investment strategy suggests a focus on long-term growth.
- Company has been in operation since 2004.
NITMF Basic Materials Stock FAQ
What happened to Hanna Capital Corp. (NITMF) stock?
Hanna Capital Corp. (NITMF) no longer trades on public markets. It was delisted in January 2026. The figures below are historical and are not a current quote.
Can I still buy NITMF shares?
No. NITMF stopped trading on public markets in January 2026, so the shares are not available through a broker. Anything you see quoted for NITMF elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before NITMF stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Hanna Capital Corp.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Hanna Capital Corp. do?
Hanna Capital Corp. is a venture capital firm that specializes in investing in early-stage to pre-IPO companies, primarily in the mining and technology sectors. The firm provides capital and support to emerging companies, aiming to generate returns through successful exits, such as IPOs or acquisitions.
What do analysts say about NITMF stock?
As a micro-cap OTC-listed company, NITMF is unlikely to have analyst coverage in the same way as major exchange-listed stocks. Key valuation metrics include the negative P/E ratio, reflecting current losses, and the small market capitalization. Growth considerations center around the successful development and exit of portfolio companies, as well as the overall performance of the mining and technology sectors.
What are the main risks for NITMF?
The main risks for NITMF include the inherent uncertainty of early-stage investments, fluctuations in commodity prices impacting mining investments, and competition from larger, more established venture capital firms. The company's OTC Other listing and limited financial disclosure also increase the risk associated with investing in NITMF. Investors should carefully consider these risks and conduct thorough due diligence before making any investment decisions.
How does Hanna Capital Corp. compare to competitors in its industry?
Hanna Capital Corp. operates in a competitive venture capital landscape. Competitors like Consolidated Uranium Inc (CNSUF) and Marathon Gold Corp (MARVF) focus on specific mining sub-sectors, while others like Green Blue Energy Corp (GBLEF) target renewable energy.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited financial information available for Hanna Capital Corp.
- OTC listing indicates a higher level of risk.
- AI analysis pending for NITMF.