CanAlaska Uranium (CVV) AI Stock Analysis

• Market Cap: C$164.49M
• Dividend Yield: N/A
• Average Volume (3M): 467.39K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.17
• Revenue Growth: N/A
• EPS Growth: 19.32%
• Country: CA
• Employees: 5
• Sector: Energy
• Sector Strength: 55
• Industry: Industrial Materials
• EPS (TTM): -0.06
• Shares Outstanding: 186,925,320
• 10 Day Avg. Volume: 420,389
• 30 Day Avg. Volume: 467,387
• PEG Ratio: -0.13
• Price to Book (P/B): 4.77
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.57
• 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: 45 Neutral
• Price Target: ―

CanAlaska Uranium's overall stock score is impacted by significant financial and cash flow challenges, with no current revenue generation. However, positive corporate developments in uranium discoveries provide potential for future growth. Technical indicators show a neutral trend, while valuation remains a concern due to negative earnings. The balance between these factors results in a cautious outlook for the stock.

CanAlaska Uranium Business Overview & Revenue Model

Company Description

CanAlaska Uranium (CVV) is a Canadian exploration company focused on the discovery and development of uranium deposits, primarily in the Athabasca Basin region of Saskatchewan and Manitoba. The company is involved in the exploration of high-grade uranium properties and holds a significant portfolio of strategically located mineral claims. CanAlaska aims to advance its projects through partnerships and joint ventures with major mining companies, leveraging its expertise in exploration and development to create value for its shareholders.

How the Company Makes Money

CanAlaska Uranium makes money primarily through the exploration and development of uranium properties, which can lead to the discovery of economically viable uranium deposits. The company generates revenue by forming partnerships and joint ventures with larger mining companies that provide funding for exploration in exchange for a stake in the potential future profits from these projects. Additionally, CanAlaska may earn money by selling or optioning its mineral claims to other companies interested in uranium exploration. The company's earnings are significantly influenced by uranium market conditions, the success of its exploration activities, and its ability to attract investment from partners.

CanAlaska Uranium Financial Statement Overview

Summary

CanAlaska Uranium faces significant financial challenges with no revenue generation and consistent operational losses. The balance sheet is relatively stable with low leverage, but cash flow issues persist. The company needs to improve its revenue generation and operational efficiency to achieve financial sustainability.

Income Statement

The company reported no revenue over the observed period, leading to no gross or net profit margins. The consistent negative EBIT and EBITDA margins indicate ongoing operational losses. The lack of revenue growth and stable losses highlight significant challenges in profitability and business operations.

Balance Sheet

The company's balance sheet shows a relatively low debt-to-equity ratio, indicating limited leverage, which is a positive aspect. However, the equity ratio has been decreasing, and the return on equity remains negative due to consistent net losses, posing a risk to financial stability.

Cash Flow

Operating cash flow remains negative, highlighting ongoing operational challenges. While free cash flow is also negative, the company has managed to raise cash through financing activities. The ratios of operating and free cash flow to net income are not supportive due to the absence of positive net income, reflecting cash flow difficulties.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-185.00K	-196.00K	-168.00K	-105.00K	-18.00K	-10.00K
EBITDA	-9.86M	-9.54M	-9.13M	-6.05M	-3.75M	-4.23M
Net Income	-10.11M	-8.04M	-9.27M	-6.18M	-3.77M	-4.13M
Balance Sheet
Total Assets	28.06M	15.90M	15.39M	16.19M	8.35M	2.46M
Cash, Cash Equivalents and Short-Term Investments	26.29M	14.10M	13.05M	14.97M	7.68M	1.86M
Total Debt	711.00K	761.00K	846.00K	305.00K	0.00	0.00
Total Liabilities	7.91M	1.86M	3.31M	2.11M	322.00K	154.00K
Stockholders Equity	20.15M	14.04M	12.08M	14.08M	8.02M	2.30M
Cash Flow
Free Cash Flow	-10.55M	-11.77M	-12.86M	-6.26M	-2.32M	-4.16M
Operating Cash Flow	-10.49M	-11.48M	-12.48M	-5.89M	-2.19M	-4.12M
Investing Cash Flow	980.00K	-815.00K	-213.00K	-127.00K	10.00K	-42.00K
Financing Cash Flow	17.84M	12.11M	10.17M	12.98M	7.58M	4.70M

CanAlaska Uranium Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.86
• 50DMA: Positive
• 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:CVV, the sentiment is Positive. The current price of 0.86 is above the 20-day moving average (MA) of 0.84, above the 50-day MA of 0.81, and above the 200-day MA of 0.77, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 53.92 is Neutral, neither overbought nor oversold. The STOCH value of 56.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CVV.

CanAlaska Uranium Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GEO	78 Outperform	C$169.32M	9.39	10.72%	―	27.28%	―
Sector *	52 Neutral	C$2.89B	-0.96	-3.26%	6.24%	2.20%	-43.43%
CVV	45 Neutral	C$164.49M	―	-55.96%	―	―	19.32%
SYH	42 Neutral	C$68.49M	―	-5.97%	―	―	55.15%
MSR	42 Neutral	C$113.81M	11.96	70.41%	―	―	―
FSY	39 Underperform	C$132.73M	―	-9.75%	―	―	54.70%
LAM	38 Underperform	C$168.37M	―	-5.14%	―	―	-29.27%

CanAlaska Uranium Corporate Events

CanAlaska Uranium Completes Promising Drill Program at Cree East Project

CanAlaska Uranium Ltd. has successfully completed its winter drill program at the Cree East Project in the southeastern Athabasca Basin, marking the first drilling activity in over a decade. The program, funded by Nexus Uranium Corp, focused on Target Area B and revealed promising geological features such as hydrothermal alteration and elevated radiometry, which are indicative of potential uranium deposits. The results suggest significant progress towards identifying uranium-bearing hydrothermal fluids, enhancing the project’s prospects and positioning CanAlaska for future exploration advancements.

Spark’s Take on TSE:CVV Stock

According to Spark, TipRanks’ AI Analyst, TSE:CVV is a Neutral.

The overall stock score reflects significant financial and cash flow challenges with no current revenue generation. However, positive corporate developments in uranium discoveries provide potential for future growth. Technical indicators show a neutral trend, while valuation remains a concern due to negative earnings. The balance between these factors results in a cautious outlook for CanAlaska Uranium.

To see Spark’s full report on TSE:CVV stock, click here.

CanAlaska Expands High-Grade Uranium Footprint at West McArthur Project

CanAlaska Uranium Ltd. has successfully completed its winter drill program at the West McArthur project, significantly expanding the high-grade uranium footprint of the Pike Zone. The program’s results, including the best drillhole to date, have extended the known mineralization to a 250-meter strike length, which remains open for further exploration. This expansion highlights the potential for further discoveries and strengthens CanAlaska’s position in the uranium mining industry. The company plans to resume drilling in June 2025, aiming to continue the definition and expansion of this promising high-grade uranium discovery.

Spark’s Take on TSE:CVV Stock

According to Spark, TipRanks’ AI Analyst, TSE:CVV is a Neutral.

CanAlaska Uranium is currently facing significant financial challenges with no revenue generation and operational losses, which heavily impact its stock score. However, the recent positive corporate events, like high-grade uranium discoveries and resumed drilling, offer a strategic advantage and potential for future growth. The technical analysis shows a bearish trend, and the valuation suggests potential overvaluation with a negative P/E ratio. Together, these factors result in a cautious outlook with a score of 47.

To see Spark’s full report on TSE:CVV stock, click here.

CanAlaska Confirms High-Grade Uranium at Pike Zone

CanAlaska Uranium Ltd. announced the confirmation of high-grade uranium mineralization at its Pike Zone within the West McArthur project, following the receipt of assay results from its summer 2024 drill program. The results, which include significant uranium intersections, bolster CanAlaska’s confidence in its exploration strategy and its ability to deliver timely results to the market. The project, a joint venture with Cameco Corporation, is seeing CanAlaska increase its ownership as it continues to fund the exploration program. This development is strategically significant as it enhances CanAlaska’s positioning in the uranium sector, particularly in the resource-rich Athabasca Basin.

CanAlaska Uranium Reports Record High-Grade Uranium Intersection at Pike Zone

CanAlaska Uranium has announced significant results from its winter diamond drilling program at the Pike Zone of the West McArthur Project, reporting its best ultra high-grade uranium intersection to date. This development has expanded the mineralization footprint eastward and remains open on strike, indicating potential for further discoveries, which strengthens CanAlaska’s position in the uranium mining sector.