Zhen Ding Resources Inc   (RBTK)
Other Ticker:  
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials
Price: $2.0800 $0.07 3.483%
Day's High: $2.08 Week Perf:
Day's Low: $ 2.08 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $2.08 52 Wk Low: $0.00

 Market Capitalization (Millions $) 230
 Shares Outstanding (Millions) 111
 Employees 2
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Zhen Ding Resources Inc

We are engaged in seeking business partnership opportunities with companies that are in the field of exploration and extraction of precious and/or base metals, primarily in China, which are in need of funding and improved management. We seek to provide the necessary management expertise and assist in financing efforts of these mining operations. In exchange, we seek to acquire metal ores produced by these mines and process the ores in our ore milling plant and sell the ore concentrates to metal refineries. Our only operating company is Zhen Ding Mining Co. Ltd., which engages in the processing of metal ore and the selling of ore concentrates of gold, silver, lead, zinc and copper at purity levels ranging from 65% to 80%. Zhen Ding Mining Co. Ltd. purchases metal ore in rock form from its joint venture partner Jing Xian Xinzhou Gold Co., Ltd, which has rights to explore and mine ore from a property located in the southwestern part of Anhui province in China.

Our principal office is located at 353 St. Nicolas, Suite 205, Montreal, Quebec H2Y 2P1. Our operational offices are located at: Zhen Ding Mining Co. Ltd., Wuxi County, Town of Langqiao, Jing Xian, Anhui Province, China, Tel: 86-6270-9018.

We were incorporated in September 1996 as Robotech Inc., and began our business in the development and marketing of specialized technological equipment. At that time we estimated that we would require approximately $6,000,000 to realize our plans. Through the year of 2003, we had not reached our financing goals and therefore abandoned that particular business plan. Since that time, we have been seeking suitable candidates for acquisition.

From the early 2000s until approximately 2013, there was an overall worldwide recovery in the price and markets for precious metals, minerals and industrial commodities. Such interest was fueled to a large degree, by the economic awakening of the two most populous nations, China and India and further bolstered by a sharp decline in the US dollar. These circumstances resulted in significant increases in the market prices of gold, silver and copper. Thus, in early 2010, the business direction of our company was changed to seek to profit from this commodities revival, and we began to focus our acquisition search in that industry, particularly on companies engaged in the mining of gold, silver and copper.

In January 2012, our board of directors, with authorization from the majority of the shareholders of our company, made an offer to the shareholders of Zhen Ding Resources Inc., a Nevada corporation (“Zhen Ding NV”), to acquire, at the very least, the majority of their common shares, and, if available, up to 100% ownership.

Zhen Ding NV through its wholly owned subsidiary, Z&W Zhen Ding Corporation, a California corporation (“Zhen Ding CA”), has been engaged in a joint venture with Jing Xian Xinzhou Gold Co., Ltd. (“Xinzhou Gold”), a company organized under the laws of the People’s Republic of China (“PRC”). The joint venture company, Zhen Ding Mining Co. Ltd. (“Zhen Ding JV”) is 70% held by Zhen Ding NV through Zhen Ding CA. It is a common practice in China to append the name of the town or city where an enterprise is located to its legally incorporated name. Thus many documents referencing Zhen Ding JV may refer to it as Jing Xian Zhen Ding Mining Co. Ltd. Zhen Ding JV engages in the processing of metal ore and the selling of ore concentrates of gold, silver, lead, zinc and copper at purity levels ranging from 65% to 80%. Zhen Ding JV purchases metal ore in rock form from Xinzhou Gold.

On March 8, 2012, we changed our name from Robotech, Inc. to Zhen Ding Resources Inc., in anticipation of the acquisition of Zhen Ding NV. Our trading symbol, RBTK, however remained unchanged.

During 2012, a total of 50,746,358 shares of the issued and outstanding common stock of Zhen Ding NV were tendered to our company. On August 13, 2013, an additional 13,100,000 shares were tendered to us. Thus, as of August 13, 2013 the shareholders of Zhen Ding NV had tendered 100% of the issued and outstanding shares of common stock, representing 100% of the issued and outstanding equity of Zhen Ding NV to us.

On October 23, 2013, we issued 122,440 shares of our common stock, on a one-for-one basis, to the tendering shareholders of Zhen Ding NV making Zhen Ding NV a wholly owned subsidiary of our company.

On October 28, 2013, we dissolved Zhen Ding NV by merging it with and into Zhen Ding DE. As a result, Zhen Ding CA became a wholly-owned subsidiary of Zhen Ding DE. Zhen Ding CA continues to exist as an intermediate holding company with no operations of its own, but which in turn owns our 70% interest in Zhen Ding JV.

Presently, we are conducting our operations exclusively through Zhen Ding JV, our joint venture company. However, we continue to look for other attractive potential acquisition targets in the mining industry.

Our joint venture, Zhen Ding JV, is equipped to process ore mined by our joint venture partner Xinzhou Gold. Zhen Ding JV purchases the ore in rock form from Xinzhou Gold and processes the ore into our final product, which is a gold, silver, lead, zinc and copper ore concentrate. We estimate that our processed product is 65% to 80% pure. The product is then sold to refineries which further purify and separate the concentrate. Zhen Ding JV also arranges all exploration, mining process and operations, and financial and administrative support for Xinzhou Gold’s mine, known as the Wuxi Gold Mine.

We purchase all of our raw material from Xinzhou Gold for our ore processing operation and rely solely on Xinzhou Gold for our supply of ores. The veins most recently excavated by Xinzhou Gold in the permitted areas of our mines are very low grade and, as such, the production is minimal. The higher yielding and therefore more profitable veins run outside Xinzhou Gold’s permitted mining area boundaries under its current license. Xinzhou Gold applied for an extension of the permitted mining area, however, the application was rejected by the government in December 2016 due to Xinzhou Gold’s insufficient working capital. Xinzhou Gold intends to reapply for an extension of the permitted mining area when it is able to demonstrate sufficient working capital to drill the extended area. However, if sufficient working capital is unavailable, or should the application be denied on other grounds, we would not be able to secure another source with higher grade ores for our processing plant, which would severely limit our ability to execute our plan of operation and our potential profitability.


   Company Address: Suite 111 Brossard 0 QC
   Company Phone Number: 882-4148   Stock Exchange / Ticker: RBTK
   RBTK is expected to report next financial results on March 29, 2024.

Customers Net Income grew by RBTK's Customers Net Profit Margin grew to

10.46 %

25.48 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

5 Days Decrease / Increase
CDE        13.11% 
FCX        0.76% 
MUX        7.83% 
NEM        7.14% 
RGLD        4.59% 
SCCO   -4.6%    
• View Complete Report

Zhanling International Limited

Zhanling International Limited caused some good news for the investors, exhibiting a significant gain in fiscal period closing Sep 30 2023 with operating loss of $-0.004692 million

As we continue to observe the market for the Metal Mining industry, it is important to keep an eye on the often overlooked corporations that have the potential to make significant strides in the sector. One such company is ODZA, which has recently revealed its third-quarter numbers, showcasing impressive progress.
Despite an operating loss of $-0.004692 million, ODZA's performance during the third quarter of 2023 is commendable. Comparing it to the same period in the previous year, where the company incurred an operating loss of $-0.012109 million, it is evident that ODZA has enhanced its operational efficiency. This positive trend emphasizes the dedication and expertise of the company's management team.

Magellan Gold Corporation

Magellan Gold Corporation Achieves Significant Increase in Operating Surplus, Reaching $0.059194 Million in Q3 of 2023 Earnings Season

As the July to September 30 2023 reporting cycle resumes, the financial results of various corporations in the Metal Mining sector have been revealed. One such company is Magellan Gold Corporation (MGC), which recently announced its operating surplus for the third quarter of the 2023 earnings season.
The operating surplus of $0.059194 million can be seen as a positive surprise, given that there are no better comparisons available. This progress from the operating surplus of the same period in 2022, which stood at $0.033313 million, instills confidence among market participants regarding MGC's performance.

Platinum Group Metals Ltd

Platinum Group Metals Ltd Faces Unexpected Challenges, but Investors Anticipate a Bright Future

Platinum Group Metals Ltd, a Metal Mining company, experienced some unexpected adjustments in its top-line performance during the fiscal period from June to August 31, 2023. While shareholders have been keeping a close eye on the company's operating loss, there is anticipation for future revenue streams. This article delves into the details and offers insights into the recent performance and expectations for Platinum Group Metals Ltd.
Operating Loss and Revenue Expectations
During the specified fiscal period, Platinum Group Metals Ltd recorded a substantial operating loss of $-3.894 million. As a result, shareholders are concerned about the company's financial performance. However, they expect the organization to generate additional revenue streams in the near future.

Artisan Consumer Goods Inc

ARRT's Revenue Falls Flat in Q3: Are There Stormy Skies Ahead?

Based on the financial data for the July to September 30, 2023 period, it is evident that Artisan Consumer Goods Inc is experiencing significant challenges. The company's balance sheets show a worrying trend, with the company achieving balanced books of $0.00 per share, which is the same as a year ago and the prior reporting season. This lack of growth is a concerning sign, as it indicates that the company's financial health has stagnated with no improvement.
Furthermore, the company's revenue remained unchanged at $0.00 million from a year ago and sequentially. This lack of revenue growth raises questions about the company's ability to generate sales and attract consumers. Without an increase in revenue, it becomes difficult for the company to invest in research and development, marketing efforts, and expansion, which are essential for ongoing success in today's competitive market.

The Healing Company Inc

The Healing Company Inc Takes a Remarkable Leap: Revenue Soars to $3.091 Million in First Quarter of 2024 Financial Report

The Healing Company Inc Demonstrates Improved Financial Performance
In the July to September 30, 2023 time-frame, The Healing Company Inc showcased a significant improvement in its financial performance compared to the same period in the previous year. The company reported a net shortfall of $-4.481 million, which is a notable decrease from the $-7.280 million reported a year ago. This positive development demonstrates the company's efforts to overcome financial challenges and pave the way for future growth.
One key factor that contributed to The Healing Company Inc's improved financial performance is its revenue generation. During the mentioned time-frame, the company revealed an impressive revenue of $3.091 million. This revenue increase indicates that The Healing Company Inc experienced a surge in sales or successfully executed strategies to drive profitability.



About us


CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2023 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com