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BeMetals (TSE:BMET)
:BMET
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BeMetals (BMET) AI Stock Analysis

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TSE:BMET

BeMetals

(BMET)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
C$0.50
▲(457.78% Upside)
Action:Reiterated
Date:06/13/26
The score is primarily constrained by weak financial performance (no revenue, large recurring losses, and ongoing negative operating/free cash flow despite low debt). Technicals also weigh on the outlook, with the price below major moving averages and negative MACD, while valuation is difficult to justify due to negative earnings and no dividend support.
Positive Factors
Low leverage / no debt
Zero reported debt materially reduces near-term solvency and interest-rate exposure, giving management optionality to raise capital or pursue projects without immediate debt-service burdens. This structural flexibility improves resilience while the company restructures or seeks revenue sources.
Negative Factors
No reported revenue
Absence of revenue is a core structural weakness: without product or service sales the company lacks a repeatable cash generation model. Long-term viability requires establishing revenue streams; until then the firm depends on financing and cannot scale margins or prove market fit.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / no debt
Zero reported debt materially reduces near-term solvency and interest-rate exposure, giving management optionality to raise capital or pursue projects without immediate debt-service burdens. This structural flexibility improves resilience while the company restructures or seeks revenue sources.
Read all positive factors

BeMetals (BMET) vs. iShares MSCI Canada ETF (EWC)

BeMetals Business Overview & Revenue Model

Company Description
BeMetals Corp. specializes in the exploration and advancement of mineral properties containing both valuable precious metals and industrial base metals. The firm holds an option to acquire a significant 72% stake in the Pangeni copper project, loc...

BeMetals Financial Statement Overview

Summary
Financial profile is very weak: the company reports no revenue and persistent, sizable net losses (TTM net loss about -24.6M, similar to 2025 and far worse than 2024). Cash flow is consistently negative (TTM operating cash flow about -1.09M; free cash flow also negative), implying ongoing reliance on external funding. Low leverage (no debt shown TTM) is a partial offset, but equity has eroded sharply and ROE is deeply negative.
Income Statement
9
Very Negative
Balance Sheet
34
Negative
Cash Flow
18
Very Negative
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit0.000.000.000.000.00
EBITDA-1.39M-1.89M0.00-14.61M-2.52M
Net Income-24.84M-2.82M-2.00M-14.74M-2.52M
Balance Sheet
Total Assets6.86M36.24M30.35M28.95M35.98M
Cash, Cash Equivalents and Short-Term Investments1.93M2.76M608.36K6.04M6.40M
Total Debt0.0012.23M9.34M6.90M0.00
Total Liabilities180.56K12.34M9.56M7.28M135.44K
Stockholders Equity6.67M23.89M20.78M21.67M35.85M
Cash Flow
Free Cash Flow-1.16M-1.04M-1.74M-7.60M-6.65M
Operating Cash Flow-1.16M-1.04M-1.74M-1.10M-1.84M
Investing Cash Flow-383.82K-3.58M-6.92M-5.92M-3.64M
Financing Cash Flow766.40K6.70M3.24M6.43M8.64M

BeMetals Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.09
Price Trends
50DMA
0.57
Negative
100DMA
0.65
Negative
200DMA
0.67
Negative
Market Momentum
MACD
-0.02
Negative
RSI
45.76
Neutral
STOCH
20.00
Positive
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 0.09 is below the 20-day moving average (MA) of 0.50, below the 50-day MA of 0.57, and below the 200-day MA of 0.67, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 45.76 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:BMET.

BeMetals Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
57
Neutral
C$34.14M-45.17-1.76%34.36%
54
Neutral
C$58.14M-32.00-6.79%24.75%
47
Neutral
C$4.74M-9.82-43.79%72.49%
43
Neutral
C$14.72M-0.49-125.25%-700.56%
43
Neutral
C$16.87M-1.16-7.76%-153.59%
42
Neutral
C$12.34M-4.05-34.77%-418.52%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:BMET
BeMetals
0.52
0.17
48.57%
TSE:VCG
Callinex Mines
1.67
0.95
131.94%
TSE:CPL
Copper Lake Resources
0.28
0.08
38.19%
TSE:KC
Kutcho Copper Corp
0.32
0.18
128.57%
TSE:CPAU
CopAur Minerals
0.14
0.04
35.00%
TSE:WLF
Wolfden Resources
0.07
-0.02
-22.22%
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.Date of analysis: Jun 13, 2026