Spearmint Resources Inc (ADDY) AI Stock Analysis

• Market Cap: C$6.37M
• Dividend Yield: N/A
• Average Volume (3M): 96.66K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.52
• Revenue Growth: N/A
• EPS Growth: -54.44%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 70,770,935
• 10 Day Avg. Volume: 221,367
• 30 Day Avg. Volume: 96,658
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 34 Underperform
• Price Target: ―

Spearmint Resources Inc. faces significant financial performance challenges, marked by zero revenue and persistent losses. Despite a strong equity position with no debt, declining assets and negative cash flow highlight potential liquidity issues. Technical indicators show stagnant momentum with neutral RSI and overbought Stochastic. Valuation is unattractive due to a negative P/E ratio and no dividend yield. However, the recent acquisition in the tungsten sector is a strategic positive, providing some potential for future growth.

Positive Factors

Debt-Free Balance Sheet

Having no debt provides financial stability and flexibility, allowing the company to focus on strategic investments without the burden of interest payments.

Strategic Acquisition

Acquiring the tungsten project diversifies the company's portfolio, potentially tapping into the growing demand for critical minerals, enhancing long-term growth prospects.

Mining-Friendly Jurisdictions

Operating in mining-friendly regions reduces regulatory risks and supports smoother project development, which is crucial for long-term operational success.

Negative Factors

Zero Revenue

The lack of revenue indicates challenges in monetizing assets, which hinders growth and sustainability, posing a significant risk to long-term profitability.

Negative Cash Flow

Negative cash flows reflect poor cash generation from operations, raising concerns about liquidity and the ability to fund future projects without external financing.

Declining Asset Base

A declining asset base suggests poor asset management, potentially eroding shareholder value and limiting the company's ability to leverage assets for growth.

Spearmint Resources Inc Business Overview & Revenue Model

Company Description

Spearmint Resources Inc., an exploration stage company, acquires, explores, and evaluates mineral properties in Canada and the United States. The company explores for gold, platinum, palladium, copper, nickel, lithium, vanadium, and cesium. Its flagship property is the McGee Lithium Clay project covering an area of approximately 880 acres located in Clayton Valley, Nevada. The company was formerly known as Indefinitely Capital Corp. and changed its name to Spearmint Resources Inc. in February 2012. Spearmint Resources Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Spearmint Resources Inc generates revenue primarily through the exploration and development of its mineral properties. The company seeks to monetize its projects by increasing the value of its mineral assets through exploration success and potentially entering into joint ventures or sales agreements with larger mining companies. Revenue can also be realized through the eventual sale of mined minerals if economic deposits are developed. Additionally, the company might engage in raising capital through equity financing to fund its exploration activities, though this does not directly generate revenue. Key partnerships and strategic alliances with other mining companies and industry stakeholders can also play a significant role in advancing projects and generating future revenue opportunities.

Spearmint Resources Inc Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
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Investing Cash Flow
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Spearmint Resources Inc Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.09
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ADDY, the sentiment is Neutral. The current price of 0.09 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.10, and below the 200-day MA of 0.11, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.34 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:ADDY.

Spearmint Resources Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
EVER	48 Neutral	C$4.80M	-13.38	-286.12%	―	―	87.17%
SASQ	46 Neutral	C$4.16M	―	―	―	―	―
GEL	45 Neutral	C$3.66M	-3.34	-96.85%	―	―	35.91%
ION	42 Neutral	C$2.41M	-1.39	-189.13%	―	―	-70.83%
LEXI.H	35 Underperform	C$2.41M	-0.29	―	―	―	―
ADDY	34 Underperform	C$6.37M	-1.36	-63.42%	―	―	-54.44%

Spearmint Resources Inc Corporate Events

Adelayde Raises Over $2 Million as It Closes Final Tranche of Private Placement

Adelayde Exploration Inc. has closed the final tranche of its non-brokered private placement, issuing 100,000 non-flow-through units at $0.10 each for $10,000, bringing total funds raised across both tranches to approximately $2.03 million and resulting in 17,848,078 shares being issued. The company plans to deploy the flow-through portion of $1,049,500.14 on its Canadian properties and use the $977,500 in non-flow-through proceeds for general working capital, positioning it to execute an active 2026 work program and marketing plan while modestly diluting existing shareholders through the new equity and attached warrants.

Adelayde Exploration Secures $2 Million for Canadian Mining Projects

Adelayde Exploration Inc. has successfully closed a non-brokered private placement financing, raising a total of $2,017,000 through the issuance of non-flow-through and flow-through units. The funds will be used to support multiple work programs on the company’s existing properties in Canada, with a focus on enhancing operational activities in 2026. This financial move is expected to strengthen Adelayde’s position in the mining industry and provide the necessary capital for its exploration initiatives.

Adelayde Exploration Inc. Launches Private Placements to Raise Capital

Adelayde Exploration Inc. has announced plans to initiate two private placements to raise capital. The company aims to secure up to $1,000,000 through a flow-through private placement and up to $1,500,000 via a non-flow-through private placement. The funds raised will be allocated to existing properties in Canada and general working capital, potentially impacting the company’s operational capabilities and market positioning.

Adelayde Exploration Inc. Ensures AGM Material Access Amid Postal Strike

Adelayde Exploration Inc. has announced the availability of its Annual General Meeting materials amidst a Canadian postal strike, which may affect the delivery of proxy materials to shareholders. The company encourages shareholders to access these materials online or request electronic copies, as the meeting will address key resolutions such as the appointment of auditors and election of directors. This announcement highlights the company’s proactive approach to ensuring shareholder engagement despite logistical challenges posed by the postal strike.

Adelayde Exploration Expands Tungsten Footprint with Sisson NW Acquisition

Adelayde Exploration Inc. has finalized an option agreement to acquire the Sisson NW Tungsten Project in New Brunswick, expanding its tungsten exploration footprint to 9,780 acres. This acquisition comes amid increasing demand for critical metals like tungsten due to global trade tensions and supply risks, positioning Adelayde strategically in the market. The company plans to initiate work plans for its tungsten and antimony projects, alongside a maiden drill program for its gold project in Nevada, indicating a busy operational period ahead.

Adelayde Exploration Expands Tungsten Holdings with New Acquisition

Adelayde Exploration Inc. announced its plan to acquire the Sisson NW Tungsten Project in New Brunswick, expanding its tungsten footprint to 9,780 acres. This strategic acquisition aligns with the growing global demand for tungsten, driven by geopolitical tensions and market dynamics, and positions Adelayde to capitalize on the increasing value of critical metals. The company is also preparing to launch a maiden drill program on its Esmeralda County Gold Project, reflecting its active pursuit of growth opportunities.