Appia Energy (TSE:API)
:API
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Appia Energy
(API)
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Rating:55Neutral
Price Target:
C$0.18
▲(5.29% Upside)
Action:Reiterated
Date:03/24/26
The score is driven primarily by mixed financial quality: a strong, debt-free balance sheet is offset by the pre-revenue model and continued cash burn. Weak technicals (below key moving averages with bearish momentum) further weigh on the score. Valuation appears modest on P/E, and corporate events are positive, but they are secondary to the current lack of operating cash flow and trend weakness.
Positive Factors
Debt-free balance sheet
Zero debt and a materially larger equity base provide durable financial flexibility for an exploration company. This reduces default risk, preserves optionality to pursue drills, JV talks or transactions, and lengthens runway relative to leveraged peers when markets tighten.
Negative Factors
Pre-revenue business model
Zero operating revenue means the firm cannot self-fund exploration through operations and remains fully dependent on external capital or asset transactions. That structural funding reliance increases dilution risk and exposes project timelines to capital market cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero debt and a materially larger equity base provide durable financial flexibility for an exploration company. This reduces default risk, preserves optionality to pursue drills, JV talks or transactions, and lengthens runway relative to leveraged peers when markets tighten.
Read all positive factors
Appia Energy (API) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$28.54M
Dividend YieldN/A
Average Volume (3M)412.39K
Price to Earnings (P/E)10.7
Beta (1Y)0.96
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees1
SectorEnergy
Sector Strength52
IndustryUranium
Share Statistics
EPS (TTM)<0.01
Shares Outstanding167,910,460
10 Day Avg. Volume839,965
30 Day Avg. Volume412,392
Financial Highlights & Ratios
PEG Ratio0.86
Price to Book (P/B)1.17
Price to Sales (P/S)0.00
P/FCF Ratio-104.61
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Appia Energy Business Overview & Revenue Model
Company Description
Appia Rare Earths & Uranium Corp. acquires, explores for, develops, and evaluates mineral properties in Canada. It primarily explores for uranium and rare earth deposits. The company owns 100% interests in the Elliot Lake property comprising 61 mi...
How the Company Makes Money
Appia Energy is an exploration-stage company and does not typically generate recurring revenue from product sales or operating mines. Its funding and value realization are generally tied to exploration-company pathways, including: (1) Equity finan...
Appia Energy Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
74
Positive
Cash Flow
36
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | -130.65K |
| EBITDA | -666.92K | -1.16M | 0.00 | -2.13M | -1.18M |
| Net Income | -766.42K | -1.28M | -2.15M | -2.44M | -1.28M |
Balance Sheet | |||||
| Total Assets | 31.41M | 28.42M | 27.89M | 25.65M | 17.80M |
| Cash, Cash Equivalents and Short-Term Investments | 1.30M | 319.50K | 2.19M | 4.30M | 7.84M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 4.23M | 3.25M | 3.12M | 2.51M | 2.51M |
| Stockholders Equity | 27.21M | 25.16M | 24.77M | 23.14M | 15.29M |
Cash Flow | |||||
| Free Cash Flow | -304.16K | -860.30K | -1.08M | -2.59M | -864.16K |
| Operating Cash Flow | -304.16K | -856.56K | -1.07M | -2.42M | 6.17K |
| Investing Cash Flow | -1.65M | -2.50M | -4.42M | -11.25M | -5.45M |
| Financing Cash Flow | 2.94M | 1.48M | 3.38M | 10.13M | 11.52M |
Appia Energy Technical Analysis
Negative
0.17
Price Trends
0.17
Positive
0.18
Negative
0.20
Negative
Market Momentum
<0.01
Negative
50.40
Neutral
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:API, the sentiment is Negative. The current price of 0.17 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.17, and below the 200-day MA of 0.20, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.40 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 Negative sentiment for TSE:API.
Appia Energy Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
55 Neutral | C$28.54M | 10.74 | 0.69% | ― | ― | ― | |
50 Neutral | C$31.75M | -3.41 | -208.86% | ― | ― | 4.81% | |
48 Neutral | C$6.40M | -1.28 | -48.96% | ― | ― | -2.38% | |
46 Neutral | C$14.80M | -8.50 | -12.30% | ― | ― | 70.74% | |
45 Neutral | C$21.71M | -3.68 | ― | ― | ― | 7.75% | |
45 Neutral | C$51.02M | -5.91 | -21.07% | ― | 139.12% | 49.40% |
* Energy Sector Average
TSE:API
Appia Energy
0.17
0.07
70.00%
TSE:AAZ
Azincourt Uranium
0.06
-0.06
-50.00%
TSE:BSK
Blue Sky Uranium
0.05
0.00
0.00%
TSE:PTU
Purepoint Uranium
0.40
0.21
105.13%
TSE:WUC
Western Uranium
0.71
-0.14
-16.47%
TSE:STND
Standard Uranium
0.11
0.04
61.54%
Appia Energy Corporate Events
Business Operations and Strategy
Appia Advances Athabasca Strategy With MT Survey at Otherside Uranium Property
Positive
Apr 1, 2026
Appia Rare Earths Uranium Corp. has completed a Q1 2026 SPARTAN magnetotelluric survey on its 100%-owned Otherside Uranium Property in Saskatchewan’s Athabasca Basin, where it has outlined a roughly 49-kilometre electromagnetic conductor tr...
Business Operations and Strategy
Appia to Showcase Rare Earth and Uranium Portfolio at PDAC 2026
Positive
Feb 27, 2026
Appia Rare Earths Uranium Corp. will exhibit at the PDAC 2026 convention in Toronto, returning to the Investors Exchange at booth 2715 to engage with shareholders, investors, and potential partners. Management, advisors, and consultants will be o...
Business Operations and Strategy
Appia Reports High‑Grade Rare Earth Intercepts at Brazilian Carbonatite Target
Positive
Feb 24, 2026
Appia Rare Earths Uranium Corp. reported that partner Ultra Rare Earth has completed 26 diamond drill holes totaling 7,347.1 metres at the Ultra Hard Rock carbonatite target in Goiás, Brazil. Early assays from 13 holes show broad mineralized...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.