CBLT Inc (CBLT) AI Stock Analysis

• Market Cap: C$3.86M
• Dividend Yield: N/A
• Average Volume (3M): 24.59K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.06
• Revenue Growth: N/A
• EPS Growth: -230.00%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 77,177,070
• 10 Day Avg. Volume: 41,108
• 30 Day Avg. Volume: 24,592
• PEG Ratio: 0.02
• Price to Book (P/B): -13.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -25.31
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: C$0.05 ▼(-10.00% Downside)

The score is held down primarily by weak financial performance (no TTM revenue, ongoing losses, negative equity, and cash burn). Technicals are moderately supportive with improving longer-term trend indicators and neutral momentum. A recent positive exploration-plan announcement helps sentiment, but valuation remains challenged due to losses and no dividend support.

Positive Factors

Strategic focus on battery and critical minerals

Targeting battery and critical minerals aligns the company with durable secular demand for electrification and supply-chain security. If exploration converts to resources, CBLT can access project finance, JV partners or offtake, giving a pathway to long-term value beyond pure exploration.

Low absolute debt burden

Very modest reported debt limits interest and near-term solvency pressure, which is valuable for an exploration company funding drilling. Low leverage preserves optionality for equity raises or project-level financing without immediate debt-service strain on operating cash flows.

Reduced cash burn versus prior peaks

Narrowing operating and free cash outflows indicates management has moderated spending and improved cash stewardship. That trend lengthens runway and reduces near-term financing urgency, improving the chance exploration programs proceed to value-driving milestones.

Negative Factors

No revenue and recurring operating losses

Absence of revenue means the business remains pre-commercial; recurring operating losses structurally consume capital. Until resources are developed or commercial agreements secured, the company will depend on external funding, preventing internal earnings-driven stability.

Negative shareholders' equity and shrinking asset base

Negative equity and dramatic asset decline weaken financial resilience, increase dilution risk, and limit borrowing capacity. This structural balance-sheet fragility elevates fundraising cost and could force unfavorable equity financing or asset sales to sustain exploration activity.

Persistent negative operating and free cash flow

Sustained negative OCF and FCF show core operations consume cash rather than generate it, creating ongoing financing dependency. This structural cash deficit raises execution risk, potential dilution from equity raises, and constrains ability to advance projects without partner funding.

CBLT Inc Business Overview & Revenue Model

Company Description

CBLT Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and sale of mineral properties in Canada. The company explores for cobalt, gold, silver, copper, and zinc. The company was formerly known as Green Swan Capital Corp. and changed its name to CBLT Inc. in June 2017. CBLT Inc. was incorporated in 2008 and is headquartered in Burlington, Canada.

How the Company Makes Money

CBLT Inc generates revenue primarily through the exploration and potential sale or joint venture of its mineral properties. The company seeks to enhance the value of its assets by conducting extensive geological surveys and exploration activities to identify viable mineral deposits. Key revenue streams include proceeds from the sale of mineral rights or properties, partnerships with larger mining companies for the development of mineral resources, and potential royalties from future production. Strategic partnerships and joint ventures play a significant role in CBLT's business model, enabling it to leverage the expertise and financial resources of established industry players to advance its exploration projects.

CBLT Inc Financial Statement Overview

Summary

Financial statements indicate a weak, early-stage profile: no TTM revenue, recurring operating losses, negative shareholders’ equity, and persistent negative operating/free cash flow. While losses and cash burn have narrowed versus prior peaks and debt is modest, the company still appears reliant on external funding.

Income Statement

TTM (Trailing-Twelve-Months) results show no reported revenue and an operating loss (EBIT of -314,811) with a net loss (-254,375), indicating the business is not currently generating sufficient operating earnings. Annual results have been volatile: profitability in 2021–2022 and 2024 (positive net income) but sizable losses in 2023 and 2025, suggesting earnings are not yet durable. The main strength is that net losses have narrowed versus 2023, but the lack of revenue and recurring operating losses keep the income statement quality weak.

Balance Sheet

The balance sheet is pressured by negative shareholders’ equity in the most recent annual period (2025: -303,655) and in TTM (Trailing-Twelve-Months) (-353,976), which reduces financial flexibility and increases dilution/financing risk. Total debt is currently modest (TTM: 25,000; 2025 annual: 0), but the negative equity base is a key weakness. Total assets declined sharply from 2022 (1,502,839) to 2025 (63,285), signaling a reduced asset base and potentially higher fragility despite low absolute debt.

Cash Flow

Cash generation is consistently negative: TTM (Trailing-Twelve-Months) operating cash flow is -104,684 and free cash flow is -104,688, following multiple years of sizable cash burn (e.g., 2024 operating cash flow of -316,610 and 2025 of -167,723). Free cash flow has deteriorated versus the prior TTM period (free cash flow growth of -37.583), and operating cash flow has not covered net income in recent periods, reinforcing that reported earnings (when positive) have not translated into cash. The key strength is that the TTM cash burn is smaller than several prior annual periods, but the trend remains structurally negative.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	3.06K	0.00	0.00	0.00	0.00	0.00
EBITDA	-179.80K	0.00	0.00	-695.00K	-1.52M	429.06K
Net Income	-254.38K	-244.35K	38.78K	-913.00K	582.95K	429.67K
Balance Sheet
Total Assets	106.82K	63.28K	227.55K	531.97K	1.50M	741.60K
Cash, Cash Equivalents and Short-Term Investments	51.51K	30.06K	202.15K	504.46K	1.48M	685.35K
Total Debt	25.00K	0.00	0.00	58.30K	115.12K	109.94K
Total Liabilities	460.80K	366.94K	286.85K	716.68K	814.16K	561.82K
Stockholders Equity	-353.98K	-303.65K	-59.30K	-184.72K	688.68K	179.78K
Cash Flow
Free Cash Flow	-104.69K	-167.72K	-316.61K	-297.22K	-210.92K	-361.98K
Operating Cash Flow	-104.68K	-167.72K	-316.61K	-297.22K	-210.92K	-361.98K
Investing Cash Flow	-20.00K	0.00	180.00K	400.00K	150.00K	297.63K
Financing Cash Flow	25.00K	0.00	10.00K	-50.00K	0.00	348.66K

CBLT Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CBLT, the sentiment is Positive. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.56 is Neutral, neither overbought nor oversold. The STOCH value of 65.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CBLT.

CBLT Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
CBLT	50 Neutral	C$3.86M	-30.00	―	―	―	-230.00%
GRD	48 Neutral	C$5.06M	-17.11	-13.76%	―	―	82.88%
SKYG	46 Neutral	C$3.64M	-8.42	-100.67%	―	―	19.49%
ULT	32 Underperform	C$4.78M	-0.82	-58.50%	―	―	-123.85%

CBLT Inc Corporate Events

CBLT Inc. Unveils 2026 Exploration Plans Amid Critical Mineral Demand

CBLT Inc. has announced its exploration plans for 2026, focusing on its gold properties and the Shatford Lake property in Manitoba, which is rich in critical minerals. The announcement highlights the strategic importance of these minerals amid global supply chain concerns, particularly with China’s dominance in the sector. The company’s exploration efforts at Shatford Lake have identified significant quantities of critical minerals, positioning CBLT to potentially capitalize on the growing demand. Additionally, CBLT’s exploration at Falcon Gold and Big Duck Lake aims to further assess gold mineralization, with potential implications for future mining operations.