Aston Bay Holdings Ltd (TSE:BAY)
:BAY
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Aston Bay Holdings
(BAY)
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Rating:45Neutral
Price Target:
C$0.06
▲(18.00% Upside)
Action:ReiteratedDate:02/27/26
The score is primarily weighed down by weak financial performance (no revenue, ongoing losses, and persistent cash burn), partially offset by an improved 2025 balance sheet (positive equity and zero debt). Technical indicators are broadly neutral with only mild weakness, while valuation remains challenged due to negative earnings and no dividend support.
Positive Factors
Balance sheet improvement
Equity turning positive materially reduces near-term solvency risk and improves the firm's ability to engage partners or creditors on more favorable terms. This stronger capital base increases strategic optionality to pursue exploration milestones without immediate distress financing.
Negative Factors
No operating revenue
Zero revenue indicates the company is pre-commercial and lacks an operating cash base to fund activities. Over 2–6 months this means continued reliance on external financing to advance projects, exposing the firm to market access risk and potential dilution if capital conditions tighten.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet improvement
Equity turning positive materially reduces near-term solvency risk and improves the firm's ability to engage partners or creditors on more favorable terms. This stronger capital base increases strategic optionality to pursue exploration milestones without immediate distress financing.
Read all positive factors
Aston Bay Holdings (BAY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$13.24M
Dividend YieldN/A
Average Volume (3M)191.36K
Price to Earnings (P/E)―
Beta (1Y)1.09
Revenue GrowthN/A
EPS Growth90.73%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding240,738,130
10 Day Avg. Volume108,347
30 Day Avg. Volume191,357
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)9.24
Price to Sales (P/S)0.00
P/FCF Ratio-5.14
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
Aston Bay Holdings Business Overview & Revenue Model
Company Description
Aston Bay Holdings Ltd. acquires, explores for, and develops resource properties in North America. The company explores for copper, lead, zinc, gold, silver, and precious metal deposits. It holds a 100% interest in the Storm Copper and Seal Zinc p...
How the Company Makes Money
Aston Bay Holdings makes money through its mineral exploration operations, primarily by investing in exploration projects with the potential to discover economically viable mineral deposits. The company's revenue model is based on increasing the v...
Aston Bay Holdings Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
38
Negative
Cash Flow
12
Very Negative
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | -83.33K | -83.33K | 0.00 | 0.00 |
| EBITDA | -3.62M | -1.96M | -3.07M | -455.00K | -103.00K | -65.95K |
| Net Income | -1.01M | -1.96M | -3.29M | -725.00K | -1.73M | -1.44M |
Balance Sheet | ||||||
| Total Assets | 1.98M | 1.51M | 665.23K | 203.72K | 266.06K | 219.96K |
| Cash, Cash Equivalents and Short-Term Investments | 1.83M | 1.43M | 552.89K | 3.75K | 56.39K | 19.18K |
| Total Debt | 0.00 | 0.00 | 644.78K | 782.23K | 515.82K | 304.48K |
| Total Liabilities | 145.32K | 170.33K | 1.06M | 2.27M | 1.59M | 705.57K |
| Stockholders Equity | 1.84M | 1.34M | -393.44K | -2.07M | -1.32M | -485.62K |
Cash Flow | ||||||
| Free Cash Flow | -1.31M | -2.41M | -2.46M | -221.55K | -940.19K | -1.19M |
| Operating Cash Flow | -1.31M | -2.41M | -2.46M | -221.55K | -940.19K | -1.19M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 0.00 | 3.28M | 3.02M | 229.30K | 976.38K | 881.32K |
Aston Bay Holdings Technical Analysis
Positive
0.05
Price Trends
0.06
Negative
0.06
Positive
0.06
Positive
Market Momentum
>-0.01
Positive
51.39
Neutral
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BAY, the sentiment is Positive. The current price of 0.05 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 51.39 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 Positive sentiment for TSE:BAY.
Aston Bay Holdings Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | C$16.19M | 251.29 | -125.25% | ― | ― | -500.71% | |
50 Neutral | C$16.26M | -3.38 | ― | ― | ― | ― | |
49 Neutral | C$23.46M | -57.24 | 459.66% | ― | ― | -36.95% | |
45 Neutral | C$13.24M | -6.30 | -55.06% | ― | ― | 90.73% | |
43 Neutral | C$15.57M | -22.84 | 3.41% | ― | ― | ― |
* Basic Materials Sector Average
TSE:BAY
Aston Bay Holdings
0.06
<0.01
10.00%
TSE:BKM
Pacific Booker Minerals
1.40
0.35
32.86%
TSE:ABR
Arbor Metals
0.17
-0.17
-50.00%
TSE:BMET
BeMetals
0.06
<0.01
10.00%
TSE:AUME
Kintavar Exploration Inc.
0.07
0.05
333.33%
Aston Bay Holdings Corporate Events
Business Operations and Strategy
Aston Bay Uncovers 17 New Metal Showings at Nunavut Epworth Project
Positive
Jan 15, 2026
Aston Bay Holdings reported significant results from its 2025 summer field program at the Epworth Copper-Silver Project in Nunavut, where prospecting and mapping led to the discovery of 17 new base and precious metal showings. High-grade grab samp...
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.