Adamera Minerals (ADZ) AI Stock Analysis

• Market Cap: C$1.77M
• Dividend Yield: N/A
• Average Volume (3M): 27.76K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: N/A
• EPS Growth: -58.05%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 32,131,573
• 10 Day Avg. Volume: 18,525
• 30 Day Avg. Volume: 27,762
• PEG Ratio: -0.01
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.23
• 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: 44 Neutral
• Price Target: C$0.06 ▼(-3.33% Downside)

The score is held down primarily by weak financial performance (no revenue, widening losses, and persistent cash burn) and bearish-to-weak technical conditions (below key moving averages with negative MACD). Positive exploration-related corporate updates provide some support, but negative/limited valuation signals (loss-making, no dividend data) keep the overall profile cautious.

Positive Factors

Promising Drilling Results

The discovery of increased gold and silver grades suggests potential for a high-grade epithermal system, which could enhance Adamera's exploration strategy and improve its standing in the mining industry.

Equity Financing Stability

Equity financing provides a stable financial base, allowing Adamera to continue operations and exploration activities without immediate revenue, supporting long-term sustainability.

Low Debt Levels

A low debt-to-equity ratio indicates financial prudence, reducing risk and providing flexibility in financing future exploration and development projects.

Negative Factors

No Revenue Generation

The lack of revenue generation poses a significant risk to financial sustainability, limiting the company's ability to invest in exploration and development without external funding.

Negative Cash Flows

Ongoing negative cash flows indicate cash burn, which can strain resources and limit the company's ability to sustain operations without additional financing.

Persistent Net Losses

Continuous net losses highlight operational inefficiencies and challenge profitability, potentially impacting long-term viability if not addressed.

Adamera Minerals Business Overview & Revenue Model

Company Description

Adamera Minerals Corp., an exploration stage company, acquires and explores for precious metals. It primarily explores for silver, gold, copper, lead, and zinc deposits. The company owns interests in the Cooke Mountain, Empire Creek, Flag Hill, Buckhorn, and Talisman properties located in Washington, the United States. Adamera Minerals Corp. was incorporated in 2013 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Adamera Minerals primarily generates revenue through the discovery, exploration, and potential sale or development of mineral properties, particularly gold. The company's revenue model is centered around increasing the value of its mineral assets through exploration success, which may attract investment or lead to joint ventures and strategic partnerships. Adamera might also earn income through the sale of mineral rights, royalties, or by entering into agreements with larger mining companies to develop its properties. The company's earnings are significantly influenced by factors such as exploration results, gold market prices, and the successful negotiation of partnerships or property sales.

Adamera Minerals Financial Statement Overview

Summary

Adamera Minerals faces critical financial challenges with no revenue and ongoing losses. The balance sheet shows some stability through equity financing, but high liabilities and negative cash flows pose substantial risks. Without a shift towards profitability and revenue generation, financial sustainability remains uncertain.

Income Statement

Adamera Minerals' income statement reflects significant challenges, with net losses persisting and no revenue generation over the periods evaluated. The gross and net profit margins are non-existent due to zero revenue, indicating severe profitability issues. The company continues to operate at a loss, with negative EBIT and EBITDA margins, highlighting operational inefficiencies.

Balance Sheet

The balance sheet shows a moderately leveraged position with a debt-to-equity ratio that has improved over time, currently at a relatively low level. However, the consistent net losses have impacted the return on equity negatively. The equity ratio indicates that a majority of assets are financed by equity, which is a positive sign of stability, yet the high liabilities relative to assets remain a concern.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, indicating ongoing cash burn. The operating cash flow to net income ratio suggests inefficient conversion of income to cash. While financing activities have provided some liquidity, the company's ability to sustain operations without revenue generation remains a significant risk.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-13.26K	-14.50K	-118.00	-14.77K	-14.98K	-14.19K
EBITDA	-3.00M	-3.11M	-1.33M	-1.03M	-469.23K	-178.53K
Net Income	-3.02M	-3.15M	-1.39K	-1.10M	-560.71K	-224.65K
Balance Sheet
Total Assets	6.00M	6.72M	8.72M	9.35M	9.45M	7.95M
Cash, Cash Equivalents and Short-Term Investments	53.58K	602.81K	335.45K	794.02K	1.95M	644.67K
Total Debt	0.00	199.92K	522.89K	786.78K	1.03M	1.26M
Total Liabilities	466.69K	778.33K	1.02M	1.15M	1.52M	1.70M
Stockholders Equity	5.53M	5.94M	7.70M	8.20M	7.92M	6.24M
Cash Flow
Free Cash Flow	-1.35M	-1.07M	-1.33M	-2.38M	-1.15M	-1.04M
Operating Cash Flow	-826.49K	-642.59K	-568.02K	-698.28K	-697.05K	-713.09K
Investing Cash Flow	-468.19K	-328.44K	-736.01K	-1.68M	-427.76K	-332.96K
Financing Cash Flow	1.00M	1.31M	865.45K	1.31M	2.25M	1.53M

Adamera Minerals Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ADZ, the sentiment is Negative. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 11.72 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:ADZ.

Adamera Minerals 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%
ETF	52 Neutral	C$4.31M	-9.33	-29.79%	―	―	-47.06%
MMN	46 Neutral	C$2.53M	-3.70	―	―	―	―
ADD	45 Neutral	C$2.39M	-3.13	-10.20%	―	―	5.88%
ADZ	44 Neutral	C$1.77M	-0.49	-46.57%	―	―	-58.05%
GMC	25 Underperform	C$6.85M	-1.34	―	―	―	-57.72%

Adamera Minerals Corporate Events

Adamera Minerals Raises $253,500 in Flow-Through Financing for South Hedley Exploration

Adamera Minerals has closed the flow-through portion of its previously announced private placement, raising $253,500 through the issuance of 3,900,001 flow-through units priced at $0.065 each, with attached warrants exercisable at $0.12 for two years and subject to an accelerated expiry provision. The proceeds will fund qualifying Canadian exploration expenditures on newly identified gold, copper and zinc prospects at the South Hedley Project in southern British Columbia, potentially benefiting from a 30% Critical Mineral Exploration Tax Credit, while insider participation triggered related-party rules but remained below thresholds requiring formal valuation or minority approval; the company plans to close the non-flow-through component of the financing in early 2026, supporting its ongoing exploration and project advancement.

The most recent analyst rating on (TSE:ADZ) stock is a Hold with a C$0.06 price target. To see the full list of analyst forecasts on Adamera Minerals stock, see the TSE:ADZ Stock Forecast page.

Adamera Minerals Reprices Private Placement to Boost Exploration

Adamera Minerals Corp. has announced a repricing of its private placement to raise up to $724,000. The financing will be used for working capital and exploration drilling on gold projects in Washington State, as well as exploration expenditures on new gold, copper, and zinc prospects in British Columbia. This move could enhance Adamera’s operational capabilities and strengthen its position in the mineral exploration industry.

Adamera Minerals Unveils Promising Copper-Gold Anomalies at South Hedley Project

Adamera Minerals Corp. announced promising results from its recent soil sampling program at the South Hedley Project in British Columbia. The findings revealed significant expansions of gold and copper anomalies, suggesting a potential new exploration target. The identification of a structural window and the presence of hydrothermal alteration indicate a possible underlying mineralized zone, enhancing the project’s exploration potential and positioning Adamera favorably for future developments.

Adamera Minerals Unveils Promising Tungsten Discovery at Talisman Property

Adamera Minerals Corp. has announced a significant new occurrence of tungsten mineralization at its Talisman Property in Washington State. The discovery of high tungsten values in rock samples suggests a potentially larger tungsten-bearing system, enhancing the project’s scale and importance. The company plans to conduct detailed 3-D modeling to refine exploration targets and prepare for potential drilling, which could substantially impact its operations and industry positioning.

Adamera Minerals Initiates Field Program at South Hedley Project

Adamera Minerals Corp. has commenced a field program at its South Hedley Gold-Copper Project in British Columbia, aiming to expand and refine the Max and Glix prospects. The program, which includes geochemical and geophysical methods, is expected to be completed by mid-December, followed by a drill application. The Max prospect has shown a strong gold-in-soil anomaly, while the Glix prospect has revealed a coherent gold-in-soil anomaly with significant zinc and arsenic. These developments indicate rapid progress towards drill readiness, potentially enhancing Adamera’s position in the mineral exploration industry.

Adamera Minerals Seeks Joint Venture for Talisman Property Amid Critical Minerals Demand

Adamera Minerals Corp. plans to offer its Talisman Copper-Silver-Tungsten Property in Washington State for a joint venture. The property, which includes a historic tungsten mine, has shown potential for significant polymetallic mineralization, including tungsten, copper, silver, lead, and zinc. The company’s exploration efforts have revealed that mineralization extends beyond the old mine workings, indicating the possibility of a larger deposit. This move aligns with Adamera’s strategy to focus on its gold assets while leveraging the Talisman Property’s potential under modern critical-minerals initiatives.

Adamera Minerals Secures $724,000 for Gold Exploration Projects

Adamera Minerals Corp. has announced a non-brokered private placement financing to raise up to $724,000. This funding will support exploration drilling on the Flag Hill South gold and silver property in Washington State and ongoing exploration on the South Hedley gold-copper project in British Columbia. The financing consists of issuing Share Units and Flow-Through Share Units, with proceeds allocated to working capital and exploration activities. This strategic move aims to advance Adamera’s high-grade gold targets and enhance its exploration prospects, potentially strengthening its position in the resource exploration industry.