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BacTech Environmental (TSE:BAC)
:BAC

BacTech Environmental (BAC) AI Stock Analysis

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BacTech Environmental

(BAC)

Rating:22Underperform
Price Target:
BacTech Environmental is in a challenging financial position with no revenue and negative equity, greatly impacting its overall score. While the technical analysis shows some positive short-term momentum, the poor financials and valuation significantly outweigh these factors, leading to a low overall stock score.

BacTech Environmental (BAC) vs. iShares MSCI Canada ETF (EWC)

BacTech Environmental Business Overview & Revenue Model

Company DescriptionBacTech Environmental Corporation operates as an environmental technology company. It develops and commercializes BACOX, a proprietary bioleaching technology for the reclamation of mine tailings. The company's technology utilizes bacteria to extract precious and base metals, as well as to treat difficult-to-treat sulphide ores and concentrates. It holds interests in the projects in Ecuador and East Africa. The company was incorporated in 2010 and is headquartered in Toronto, Canada.
How the Company Makes MoneyBacTech Environmental generates revenue primarily through its bioleaching technology, which is used to extract metals from environmentally problematic mine tailings and concentrates. By processing materials that contain significant amounts of metals, the company is able to recover and sell these precious and base metals, such as gold and copper, creating a direct revenue stream. Additionally, BacTech may engage in partnerships or joint ventures with mining companies or governments to remediate contaminated sites, which can provide further income opportunities. The company's business model capitalizes on both the sale of recovered metals and the provision of environmental remediation services.

BacTech Environmental Financial Statement Overview

Summary
BacTech Environmental's financial health is precarious, with no revenue to cover operational costs, negative equity, and high reliance on external financing. This positions the company at a high risk of financial distress unless it can improve revenue generation and manage liabilities.
Income Statement
5
Very Negative
BacTech Environmental shows no revenue over the periods observed, resulting in negative gross, EBIT, and net profit margins. The lack of revenue and consistent losses indicate severe challenges in generating income, leaving the company with limited financial flexibility.
Balance Sheet
10
Very Negative
The company has negative stockholders' equity, indicating liabilities exceed assets, which is a serious financial concern. A high debt-to-equity ratio suggests significant leverage, and the negative equity ratio highlights a potential risk for solvency issues.
Cash Flow
15
Very Negative
Operating cash flows are negative, and the company relies heavily on financing activities to cover its cash outflows. The free cash flow remains negative, which could hinder growth and sustainability without additional funding.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-31.79K-160.68K
EBIT
-1.70M-1.73M-3.37M-1.56M-135.77K-516.74K
EBITDA
-641.04K-3.000.00-1.36M0.0020.00K
Net Income Common Stockholders
-1.86M-1.92M-3.20M-1.60M475.75K-1.38M
Balance SheetCash, Cash Equivalents and Short-Term Investments
25.90K73.20K10.15K64.28K19.41K5.02K
Total Assets
139.81K1.45M1.14M234.97K33.67K34.16K
Total Debt
908.14K1.44M1.03M160.00K825.79K1.11M
Net Debt
882.25K1.37M1.02M95.72K806.38K1.11M
Total Liabilities
3.39M3.66M3.09M1.65M2.83M4.23M
Stockholders Equity
-3.25M-2.22M-1.95M-1.42M-2.80M-4.20M
Cash FlowFree Cash Flow
-590.00K-1.79M-4.18M-1.19M-147.12K-253.85K
Operating Cash Flow
-591.46K-1.79M-3.20M-1.19M-147.12K-253.85K
Investing Cash Flow
0.000.00-980.56K0.000.000.00
Financing Cash Flow
575.80K1.85M3.15M1.24M161.52K232.97K

BacTech Environmental Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.06
Price Trends
50DMA
0.05
Positive
100DMA
0.05
Positive
200DMA
0.04
Positive
Market Momentum
MACD
<0.01
Negative
RSI
55.26
Neutral
STOCH
116.67
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BAC, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.26 is Neutral, neither overbought nor oversold. The STOCH value of 116.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BAC.

BacTech Environmental Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSBLM
66
Neutral
C$54.06M2,085.710.16%49.38%-93.75%
66
Neutral
$4.51B12.295.40%248.53%4.14%-12.41%
TSYES
58
Neutral
C$29.66M-321.92%25.24%34.24%
TSECM
53
Neutral
C$43.50M-2752.20%153.17%43.51%
TSBAC
22
Underperform
C$10.62M55.19%35.14%
TSBQE
C$65.93M9.3138.06%
TSLUX
36
Underperform
C$7.03M-336.15%-58.04%-71.29%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:BAC
BacTech Environmental
0.06
0.00
0.00%
TSE:BLM
BluMetric Environmental
1.46
1.01
224.44%
TSE:BQE
BQE Water
51.00
-12.00
-19.05%
TSE:ECM
Ecolomondo Corporation
0.20
0.00
0.00%
TSE:LUX
Newlox Gold Ventures
0.04
-0.08
-66.67%
TSE:YES
CHAR Technologies
0.23
-0.13
-36.11%

BacTech Environmental Corporate Events

BacTech Environmental Secures Lucrative Royalty Deal
Nov 22, 2024

BacTech Environmental Corporation has secured CBOE approval for a royalty sale to Silver Crown Royalties Inc., providing a significant boost to BacTech’s financial outlook. The deal strengthens BacTech’s balance sheet with potential CAD$4 million in shares and offers upfront capital for its bioleaching facility in Ecuador, while maintaining focus on core operations. This 10-year agreement ensures long-term collaboration, aligning financial support with project milestones.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.