AsiaBaseMetals (ABZ) AI Stock Analysis

• Market Cap: C$2.24M
• Dividend Yield: N/A
• Average Volume (3M): 12.88K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.19
• Revenue Growth: N/A
• EPS Growth: 61.22%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 49,687,870
• 10 Day Avg. Volume: 900
• 30 Day Avg. Volume: 12,878
• PEG Ratio: 0.73
• Price to Book (P/B): -63.75
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -12.66
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 32 Underperform
• Price Target: ―

The overall stock score of 32 reflects significant financial instability, with persistent losses and a lack of operational income. Technical analysis indicates a strong bearish trend, further compounded by a negative P/E ratio and no dividend yield, making this stock unattractive from both a financial and valuation perspective. The absence of positive earnings calls or corporate events further underscores the high risk associated with this stock.

AsiaBaseMetals Business Overview & Revenue Model

Company Description

AsiaBaseMetals Inc. (ABZ) is a mineral exploration and development company focused on identifying, acquiring, and advancing base metal and precious metal properties in Asia and other regions. The company primarily operates in the mining sector, with a focus on zinc, cobalt, and lithium, which are critical in various industrial applications and the growing green energy sector.

How the Company Makes Money

AsiaBaseMetals makes money through the exploration, development, and potential sale or partnership of its mineral properties. The company generates revenue through the sale of extracted minerals like zinc, cobalt, and lithium once they are developed. Additionally, the company might engage in joint ventures, partnerships, or option agreements with other mining companies to share development costs and potential profits. The value of their properties and the minerals extracted is influenced by market demand, commodity prices, and the successful advancement of their exploration projects. Revenue streams are also dependent on the successful discovery and development of economically viable mineral deposits.

AsiaBaseMetals Financial Statement Overview

Summary

AsiaBaseMetals is facing significant financial challenges, with consistent losses, zero revenue, and negative equity. The financial structure is fragile, with reliance on financing rather than operational cash generation. These factors suggest high risk and point towards the need for strategic changes to improve financial health.

Income Statement

The company has consistently reported zero revenue over the years, indicating no sales or operational income, which is a major concern for any business. The net income has been negative, reflecting ongoing losses without signs of improvement. Such a financial trajectory implies severe challenges in achieving profitability.

Balance Sheet

The balance sheet reveals a negative equity position, which indicates that the company's liabilities exceed its assets significantly. This is a risky financial structure, as it implies potential solvency issues. The lack of debt is positive, but the substantial negative equity suggests financial instability.

Cash Flow

The cash flow statements show persistent negative free cash flow, highlighting ongoing cash outflows without sufficient inflows from operations. The operating cash flow has been negative, indicating that the company is not generating cash from its core activities. Cash flows from financing activities have occasionally supported operations, but this is not a sustainable long-term strategy.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	―	―	0.00	―
	EBIT
-149.74K	-331.92K	-572.80K	-287.05K	-368.80K	-1.04M
	EBITDA
-275.64K	-311.18K	-552.15K	0.00	0.00	0.00
	Net Income Common Stockholders
-283.15K	-335.41K	-663.10K	-277.27K	-368.80K	-1.03M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.58K	1.78K	1.49K	40.16K	65.55K	116.70K
	Total Assets
27.91K	23.93K	20.81K	82.50K	106.28K	169.19K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-3.58K	-1.78K	-1.49K	-40.16K	-65.55K	-116.70K
	Total Liabilities
679.87K	661.44K	415.52K	174.28K	357.67K	479.44K
	Stockholders Equity
-651.97K	-637.51K	-394.71K	-91.78K	-251.39K	-310.25K
Cash Flow		Free Cash Flow
-45.14K	290.00	-58.68K	-462.27K	-377.92K	-352.64K
	Operating Cash Flow
-41.19K	4.24K	-35.19K	-462.27K	-377.92K	-352.64K
	Investing Cash Flow
-3.95K	-3.95K	-23.49K	0.00	0.00	-46.78K
	Financing Cash Flow
39.90K	0.00	20.00K	―	326.77K	440.99K

AsiaBaseMetals Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ABZ, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 26.22 is Positive, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ABZ.

AsiaBaseMetals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$2.01B	-1.27	-21.11%	5.15%	2.92%	-30.46%
BEA	41 Neutral	C$4.25M	―	-26.70%	―	―	30.67%
BTT	37 Underperform	C$4.70M	―	-4.79%	―	―	30.56%
QBAT	34 Underperform	$3.10M	―	-17.10%	―	―	66.14%
ABZ	32 Underperform	C$2.24M	―		―	―	61.22%
NWI	24 Underperform	$3.02M	―		―	―	-21.43%