BeMetals (BMET) AI Stock Analysis

• Market Cap: $10.30M
• Dividend Yield: N/A
• Average Volume (3M): 129.56K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: N/A
• EPS Growth: -26.55%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 228,847,140
• 10 Day Avg. Volume: 210,825
• 30 Day Avg. Volume: 129,560
• PEG Ratio: -0.35
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.57
• 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

• Rating: 35 Underperform
• Price Target: ―

BeMetals' overall stock score reflects its significant financial difficulties, with zero revenue and a reliance on external funding. The technical analysis shows a neutral trend, while the valuation remains unattractive due to negative earnings and lack of dividends. However, the new drilling program at the Pangeni Copper Project offers a positive outlook and potential future growth, albeit it does not immediately improve the company's financial position.

BeMetals Business Overview & Revenue Model

Company Description

BeMetals Corp (BMET) is a mineral exploration and development company focused on advancing base metal projects. The company operates within the mining and natural resources sector, primarily concentrating on the exploration and development of precious metal and base metal properties. BeMetals is actively engaged in acquiring and developing mining assets with the potential for significant resource growth and value creation.

How the Company Makes Money

BeMetals Corp makes money by advancing its mineral exploration projects to add value to its asset portfolio. The company generates revenue through strategic partnerships, joint ventures, and potential future sales of mineral resources. As BeMetals develops its mining projects, it aims to monetize these assets through various means such as selling or leasing mineral rights, entering into production agreements, or selling exploration properties once they have been sufficiently developed to attract interest from larger mining companies. Additionally, BeMetals may raise funds through equity financing to support its exploration and development activities.

BeMetals Financial Statement Overview

Summary

BeMetals is experiencing significant financial challenges. With zero revenue and ongoing net losses, the company's financial health is weak. The balance sheet shows a moderate position with increasing debt levels, while cash flow analysis indicates difficulties in generating operational cash, relying heavily on external financing for sustainability.

Income Statement

BeMetals has faced consistent challenges in generating revenue, reflected by zero total revenue across all periods. As a result, profitability metrics like Gross Profit Margin, Net Profit Margin, EBIT Margin, and EBITDA Margin cannot be calculated. The absence of revenue growth and persistent losses in EBIT and Net Income highlight significant financial difficulties, common in early-stage mining companies without producing assets.

Balance Sheet

The balance sheet reveals a moderate financial position with a high debt-to-equity ratio of 0.47, which indicates some level of financial leverage. The equity ratio stands at 66.45%, suggesting a reasonable proportion of assets funded by equity. However, the company has seen a decline in stockholders' equity, indicating potential risks if this trend continues. The return on equity is negative due to ongoing losses, which is a concern for future value creation.

Cash Flow

Negative operating cash flow and free cash flow indicate challenges in generating cash from operations. The lack of free cash flow growth and negative operating cash flow to net income ratio underscore the company's struggles to sustain cash flows. Financing activities, primarily through debt or equity, have been the main source of cash inflow, highlighting dependency on external funding.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00
EBITDA	-1.89M	0.00	0.00	0.00	0.00
Net Income	-2.82M	-2.00M	-14.74M	-2.52M	-1.33M
Balance Sheet
Total Assets	36.24M	30.35M	28.95M	35.98M	16.33M
Cash, Cash Equivalents and Short-Term Investments	2.76M	608.36K	6.04M	6.40M	3.24M
Total Debt	12.23M	9.34M	6.90M	0.00	0.00
Total Liabilities	12.34M	9.56M	7.28M	135.44K	81.53K
Stockholders Equity	23.89M	20.78M	21.67M	35.85M	16.25M
Cash Flow
Free Cash Flow	-1.04M	-1.73M	-7.60M	-6.65M	-4.51M
Operating Cash Flow	-1.04M	-1.74M	-1.10M	-1.84M	-658.11K
Investing Cash Flow	-3.58M	-6.92M	-5.92M	-3.64M	-4.32M
Financing Cash Flow	6.70M	3.24M	6.43M	8.64M	6.97M

BeMetals Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.04
• 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:BMET, the sentiment is Neutral. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 51.86 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:BMET.

BeMetals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ELD	78 Outperform	$5.74B	12.48	8.91%	―	41.46%	187.54%
KNT	77 Outperform	C$3.57B	13.97	39.28%	―	105.06%	481.75%
AGI	73 Outperform	$15.17B	41.93	7.85%	0.38%	37.83%	24.13%
WDO	72 Outperform	C$2.64B	13.87	34.73%	―	80.44%	3757.72%
BTO	67 Neutral	$6.28B	―	-17.61%	2.31%	5.97%	-1677.31%
Sector *	44 Neutral	C$967.00M	-6.65	-13.73%	2.47%	17.55%	-32.57%
BMET	35 Underperform	$10.30M	―	-12.01%	―	―	-26.55%

BeMetals Corporate Events

BeMetals Launches New Drilling Program at Pangeni Copper Project

BeMetals Corp. has initiated a new core drilling program at its Pangeni Copper Project in Zambia, aiming to expand the existing mineralized footprint and identify additional copper zones. The project shows promising potential, with mineralization comparable to the Lumwana Copper Mine’s Chimiwungo Deposit, indicating a large-scale mineralized system. The company’s exploration efforts are bolstered by favorable geological settings and untested anomalies, suggesting significant upside potential for discovering a substantial copper deposit.