Grid Battery Metals (CELL) AI Stock Analysis

• Market Cap: C$7.74M
• Dividend Yield: N/A
• Average Volume (3M): 196.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.24
• Revenue Growth: N/A
• EPS Growth: 4.17%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 193,380,800
• 10 Day Avg. Volume: 139,988
• 30 Day Avg. Volume: 196,275
• PEG Ratio: -0.01
• Price to Book (P/B): 1.93
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.15
• 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: 53 Neutral
• Price Target: C$0.04 ▲(20.00% Upside)

The score is held back primarily by weak financial performance (no revenue, persistent losses, and negative free cash flow), despite low leverage. Technicals provide the main support with price above major moving averages and moderately positive momentum, while valuation is constrained by negative earnings and no dividend yield.

Positive Factors

Low Leverage / Balance Sheet Strength

Near-zero debt gives the company financial flexibility to pursue exploration and absorb volatility without heavy fixed-interest burdens. Over a multi-month horizon this reduces insolvency risk, preserves optionality to wait for JV/market windows, and supports negotiated partnerships.

Strategic Exposure to Battery Metals

Primary focus on lithium and critical battery metals aligns the company with secular electrification and energy-storage demand. This structural tailwind increases the long-term relevance of discoveries and the likelihood of JV, offtake or acquisition interest as markets for battery materials expand.

Assets Largely Equity-Funded

An asset base funded primarily by equity limits fixed repayment obligations and covenant pressure. That capital structure preserves flexibility to option, sell or joint-venture claims without immediate refinancing needs, supporting strategic choices as exploration advances.

Negative Factors

No Revenue and Ongoing Losses

Absence of operating revenue and recurring net losses undermine near-term viability of organic funding and delay validation of a commercial path. Continued losses erode equity, restrict reinvestment, and increase reliance on external capital to sustain exploration programs.

Negative Operating and Free Cash Flow

Material negative operating and free cash flow indicate persistent cash burn. Without a path to positive cash generation the company must continually access markets or partners to fund drilling and claims maintenance, limiting ability to scale programs or retain optionality.

Reliance on Capital Markets Financing

Business model dependence on equity issuances and financings creates dilution risk and funding uncertainty tied to market conditions. Over the medium term this can constrain continuity of exploration, reduce existing shareholders' stakes, and complicate long-term project planning.

Grid Battery Metals Business Overview & Revenue Model

Company Description

Grid Battery Metals Inc. acquires, explores for, and develops brine-based lithium and mineral resource properties in Canada and the United States. It holds interest in the Clayton Valley project covering an area of 2,300 acres in Nevada. The company was formerly known as Nickel Rock Resources Inc. and changed its name to Grid Battery Metals Inc. in April 2023. Grid Battery Metals Inc. was incorporated in 2011 and is based in Coquitlam, Canada.

How the Company Makes Money

Grid Battery Metals generates revenue primarily through the sale of its advanced battery products to multiple industries such as automotive manufacturers, energy companies, and consumer electronics firms. The company also engages in strategic partnerships and collaborations with key players in the renewable energy sector to enhance its product offerings and expand its market reach. Additionally, Grid Battery Metals invests in research and development to continuously improve its technology and maintain a competitive edge, which contributes to its revenue streams by attracting new customers and retaining existing ones.

Grid Battery Metals Financial Statement Overview

Summary

Financials are weak overall: the income statement shows no revenue and continued sizable losses, and cash flow remains materially negative with ongoing cash burn. The main offset is a relatively solid balance sheet with near-zero leverage, but sustained losses can erode equity over time.

Income Statement

TTM (Trailing-Twelve-Months) results show no revenue and continued heavy losses (net loss of about 3.5M), following another large annual loss in 2025. Profitability is not yet established given negative gross profit and deeply negative operating earnings, and the earnings profile has been volatile (including a one-year profit in 2023 that did not persist). Overall, the income statement reflects an early-stage, loss-making company with limited visibility to near-term profitability based on the provided data.

Balance Sheet

The balance sheet is a relative strength: leverage is extremely low (debt is near-zero versus equity in both TTM and annual periods), and total assets are largely funded by equity. That said, returns on equity are currently negative in TTM and recent annual periods due to sustained net losses, which can pressure the equity base over time if losses continue.

Cash Flow

Cash generation is weak, with operating cash flow and free cash flow both materially negative in TTM (roughly -3.7M) and also negative in recent annual periods. Free cash flow growth is also negative in the latest periods, indicating cash burn is not improving. While free cash flow is roughly in line with net losses (cash burn tracking accounting losses), the business still appears dependent on external funding until cash flows stabilize.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-10.64K	-10.64K	-10.64K	-7.09K	-21.02K	-22.29K
EBITDA	-3.39M	-3.84M	-1.35M	1.18M	-3.00M	-2.05M
Net Income	-3.48M	-3.89M	-1.37M	1.17M	-3.02M	-2.08M
Balance Sheet
Total Assets	4.15M	4.50M	8.32M	7.82M	1.69M	4.52M
Cash, Cash Equivalents and Short-Term Investments	862.65K	1.17M	6.07M	7.25M	752.11K	1.30M
Total Debt	994.00	3.94K	15.13K	25.46K	0.00	21.86K
Total Liabilities	41.60K	73.00K	141.20K	55.12K	21.48K	55.88K
Stockholders Equity	4.11M	4.42M	8.18M	7.77M	1.67M	4.47M
Cash Flow
Free Cash Flow	-3.67M	-3.98M	-3.33M	-514.80K	-930.94K	-2.37M
Operating Cash Flow	-3.67M	-3.98M	-3.33M	-514.67K	-394.40K	-1.89M
Investing Cash Flow	-658.86K	-909.85K	4.40M	-132.75K	-536.54K	-479.54K
Financing Cash Flow	-6.50K	-6.50K	753.00K	4.39M	131.39K	3.27M

Grid Battery Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CELL, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 56.16 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CELL.

Grid Battery Metals 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%
CELL	53 Neutral	C$7.74M	-2.17	-58.31%	―	―	4.17%
FCI	―	C$12.41M	-4.30	-198.61%	―	―	53.47%
GCOM	48 Neutral	C$11.02M	-1.85	-90.84%	―	―	-252.46%
GR	45 Neutral	C$10.15M	-2.85	―	―	―	-39.62%
SRI	44 Neutral	C$5.10M	-150.00	-4.30%	―	―	95.92%