CBLT Inc (CBLT) AI Stock Analysis

• Market Cap: C$4.24M
• Dividend Yield: N/A
• Average Volume (3M): 24.59K
• Price to Earnings (P/E): 40.7
• Beta (1Y): >-0.01
• 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)
• Action: Upgraded Date: 12/30/25
• Date: Action: Upgraded 12/30/25

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 resource focus

CBLT's explicit strategic focus on battery and other critical minerals aligns with durable, secular demand driven by electrification and clean-energy supply chains. That positioning increases long-term project relevance and potential partner interest even if near-term cash returns are absent.

Planned 2026 exploration program

Announced 2026 exploration at Shatford Lake represents a structural step from prospecting to systematic resource testing. Successfully advancing drilling and geophysics can materially change resource economics and de-risk project pipelines over multiple quarters, underpinning long-term value creation if results are positive.

Modest debt and improving cash burn trend

While still negative, operating and free cash outflows have narrowed versus peak periods and reported debt levels are low. This structural improvement lengthens runway, reduces immediate refinancing pressure, and gives management more time to advance exploration before needing larger external capital raises.

Negative Factors

No revenue generation

The company currently lacks operating revenue, relying entirely on capital markets for funding exploration. Without a revenue stream, sustaining operations, funding drill programs, and demonstrating path-to-profitability depend on successful financing or exploration outcomes, increasing long-term execution risk.

Negative shareholders' equity & shrinking asset base

Persistent negative equity and a materially reduced asset base weaken financial flexibility and heighten dilution risk from future financings. A fragile balance sheet reduces bargaining power with partners and lenders and makes the company more vulnerable to adverse funding conditions over the medium term.

Persistent negative cash flow

Consistent negative operating and free cash flow requires ongoing external financing to support exploration. That structural cash burn constrains the pace of project advancement and increases the probability of equity dilution or project-staging, limiting the company's ability to independently fund resource development.

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	Aug 2025	Aug 2024	Aug 2023	Aug 2022	Aug 2021
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	0.00	0.00	-695.00K	-1.52M	429.06K
Net Income	-244.35K	38.78K	-913.00K	582.95K	429.67K
Balance Sheet
Total Assets	63.28K	227.55K	531.97K	1.50M	741.60K
Cash, Cash Equivalents and Short-Term Investments	30.06K	202.15K	504.46K	1.48M	685.35K
Total Debt	0.00	0.00	58.30K	115.12K	109.94K
Total Liabilities	366.94K	286.85K	716.68K	814.16K	561.82K
Stockholders Equity	-303.65K	-59.30K	-184.72K	688.68K	179.78K
Cash Flow
Free Cash Flow	-167.72K	-316.61K	-297.22K	-210.92K	-361.98K
Operating Cash Flow	-167.72K	-316.61K	-297.22K	-210.92K	-361.98K
Investing Cash Flow	0.00	180.00K	400.00K	150.00K	297.63K
Financing Cash Flow	0.00	10.00K	-50.00K	0.00	348.66K

CBLT Inc Technical Analysis

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

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 below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.48 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, 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$4.24M	40.65	49.56%	―	―	-230.00%
SKYG	50 Neutral	C$4.34M	-4.96	-91.14%	―	―	19.49%
GRD	48 Neutral	C$4.70M	-15.27	-13.76%	―	―	82.88%
ULT	32 Underperform	C$2.87M	-2.87	-58.50%	―	―	-123.85%