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CanAlaska Uranium
(CVV)
CanAlaska Uranium (CVV) vs. iShares MSCI Canada ETF (EWC)
CanAlaska Uranium Business Overview & Revenue Model
CanAlaska Uranium Financial Statement Overview
| Breakdown | TTM | Apr 2025 | Apr 2024 | Jul 2023 | Apr 2021 | Apr 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -181.00K | -183.00K | -196.00K | -168.00K | -105.00K | -18.00K |
| EBITDA | -15.70M | -10.27M | -9.48M | -9.06M | -6.05M | -3.75M |
| Net Income | -15.94M | -10.52M | -8.04M | -9.27M | -6.18M | -3.77M |
Balance Sheet | ||||||
| Total Assets | 38.86M | 23.10M | 15.90M | 15.39M | 16.19M | 8.35M |
| Cash, Cash Equivalents and Short-Term Investments | 37.28M | 21.25M | 14.10M | 13.05M | 14.97M | 7.68M |
| Total Debt | 630.00K | 685.00K | 761.00K | 846.00K | 305.00K | 0.00 |
| Total Liabilities | 6.99M | 2.73M | 1.86M | 3.31M | 2.11M | 322.00K |
| Stockholders Equity | 31.87M | 20.37M | 14.04M | 12.08M | 14.08M | 8.02M |
Cash Flow | ||||||
| Free Cash Flow | -14.99M | -13.58M | -11.77M | -12.86M | -6.26M | -2.32M |
| Operating Cash Flow | -14.94M | -13.56M | -11.48M | -12.48M | -5.89M | -2.19M |
| Investing Cash Flow | 315.00K | 812.00K | -815.00K | -213.00K | -127.00K | 10.00K |
| Financing Cash Flow | 36.71M | 20.90M | 12.11M | 10.17M | 12.98M | 7.58M |
CanAlaska Uranium Technical Analysis
CanAlaska Uranium Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | C$193.65M | -13.75 | -68.08% | ― | ― | -69.65% | |
52 Neutral | C$110.29M | -31.79 | 2.21% | ― | ― | ― | |
51 Neutral | C$114.87M | -49.21 | -4.33% | ― | ― | 10.13% | |
51 Neutral | C$235.40M | -49.77 | -3.57% | ― | ― | 27.96% | |
50 Neutral | C$86.05M | -81.19 | -58.10% | ― | ― | -919.03% | |
50 Neutral | C$101.56M | -54.82 | -9.83% | ― | ― | 49.12% |
CanAlaska Uranium Corporate Events
CanAlaska has expanded the mineralized footprint at its Pike Zone target on the West McArthur Joint Venture in the eastern Athabasca Basin, reporting a new high-grade unconformity-associated uranium intersection 250 metres northeast of the zone’s high-grade core. The standout result, drillhole WMA101-02, cut 5.2 metres grading 3.10% eU3O8, while additional drilling 50 metres to the southwest also intersected uranium and strong hydrothermal alteration along the C10S trend.
The 2026 winter drill program, now seven unconformity target holes in, indicates the Pike Zone hydrothermal system remains open to both northeast and southwest, suggesting potential for additional pods of high-grade mineralization. With three rigs active and 20 to 25 target intersections planned before April, followed by a summer program, the results reinforce West McArthur’s significance within the Athabasca uranium camp and could enhance CanAlaska’s resource growth prospects and strategic positioning in the sector.
The most recent analyst rating on (TSE:CVV) stock is a Hold with a C$0.93 price target. To see the full list of analyst forecasts on CanAlaska Uranium stock, see the TSE:CVV Stock Forecast page.
CanAlaska Uranium has launched a 2026 ground-based electromagnetic geophysical program at its 100%-owned Waterbury South project in the eastern Athabasca Basin, about 10 kilometers from the operating Cigar Lake mine and close to its haul road. The work aims to refine conductive corridors to generate new priority drill targets around historical uranium and polymetallic mineralization.
The winter program will employ a modern Stepwise Moving Loop Time Domain Electromagnetic survey over roughly 90 kilometers of grid lines to map graphitic basement conductors at the sandstone-basement unconformity. By updating geophysical data on a project along the prolific Collins Bay fault system, where past drilling and 2021 results have already encountered alteration and polymetallic mineralization similar to Cigar Lake, CanAlaska is positioning Waterbury South as a potential successor asset as Cigar Lake approaches the end of its production life.
The most recent analyst rating on (TSE:CVV) stock is a Hold with a C$0.76 price target. To see the full list of analyst forecasts on CanAlaska Uranium stock, see the TSE:CVV Stock Forecast page.
CanAlaska Uranium has launched its 2026 winter drill program at its 100%-owned Nebula project in the southeastern Athabasca Basin, about 30 kilometers south of the Key Lake Mine and Mill. The campaign will use one diamond drill to complete six to eight holes targeting high-priority areas identified by recent high-resolution airborne geophysical surveys.
The program will focus on untested magnetic low and conductive corridors interpreted as graphitic metasedimentary rocks within the prolific Wollaston-Mudjatik transition zone, a host to several major uranium deposits. Key targets include ground up-ice of the historically radioactive Karpinka Lake boulder train and a 13-kilometer untested segment of a 32-kilometer conductive trend that resembles the geological and geophysical setting of Cameco’s Eagle Point uranium deposit, potentially enhancing CanAlaska’s exploration upside south of Key Lake.
The most recent analyst rating on (TSE:CVV) stock is a Hold with a C$0.78 price target. To see the full list of analyst forecasts on CanAlaska Uranium stock, see the TSE:CVV Stock Forecast page.
CanAlaska Uranium has commenced its 2026 winter drill program at its 100%-owned Key Extension project in the southeastern Athabasca Basin, located about 15 kilometres south of the past-producing Key Lake Mine and operating Key Lake Mill. The program will use one diamond drill to complete an estimated 8 to 12 holes targeting high-priority basement-hosted uranium targets defined by recent high-resolution airborne geophysical surveys and historical drilling, focusing on conductive graphitic metasedimentary rocks and structurally complex zones believed to be favourable for uranium deposition. Key target areas include zones up-ice of the radioactive Orchid Lake boulder field, a largely untested western conductive trend that parallels the prolific Wollaston-Mudjatik transition zone, and follow-up of 2023 drilling that intersected graphitic host rocks with structural reactivation, hydrothermal alteration, and uranium enrichment, underscoring the project’s potential significance in a uranium market supported by near US$100 per pound spot prices.
The most recent analyst rating on (TSE:CVV) stock is a Hold with a C$0.91 price target. To see the full list of analyst forecasts on CanAlaska Uranium stock, see the TSE:CVV Stock Forecast page.
CanAlaska reported geochemical assay results from its 2025 summer drill campaign at the Pike Zone on the West McArthur Project, confirming and extending previously reported high-grade uranium mineralization. The drilling expanded the unconformity-hosted Pike Zone footprint to about 500 metres, with a 140-metre high-grade pod and strong results on the western-most fences, including intersections of 2.5 metres at 0.78% U3O8 and 3.3 metres at 0.53% U3O8, suggesting the mineralized corridor remains open and appears to strengthen to the west along the C10S trend, reinforcing the potential for additional high-grade pods and underscoring the strategic importance of ongoing exploration at this JV asset, which is currently supported by a $15 million 2026 program.
The most recent analyst rating on (TSE:CVV) stock is a Hold with a C$0.81 price target. To see the full list of analyst forecasts on CanAlaska Uranium stock, see the TSE:CVV Stock Forecast page.
CanAlaska Uranium has reported geochemical assay results from its 2025 summer drill program at the Pike Zone on the West McArthur project, confirming and extending previously reported high-grade uranium mineralization along the C10S trend. The drilling expanded the Pike Zone mineralized footprint at the unconformity to 500 metres in length, with a 140-metre high-grade pod and strong uranium intercepts on the western-most step-outs, where holes WMA099 and WMA099-03 returned 2.5 metres at 0.78% U3O8 and 3.3 metres at 0.53% U3O8, respectively. With mineralization, alteration and structural disruption all remaining open and intensifying to the west, the results reinforce the potential for additional high-grade pods along the corridor and support the ongoing $15 million 2026 exploration program at the West McArthur joint venture, underscoring the project’s growing importance within CanAlaska’s portfolio and the Athabasca Basin uranium sector.
The most recent analyst rating on (TSE:CVV) stock is a Hold with a C$0.81 price target. To see the full list of analyst forecasts on CanAlaska Uranium stock, see the TSE:CVV Stock Forecast page.
CanAlaska Uranium plans an active 2026 exploration campaign across its extensive Athabasca Basin land package, launching winter drill programs on its 100%-owned Key Extension and Nebula projects located 15 to 30 kilometres south of the Key Lake Mine and Mill. These programs will test high-priority targets defined by recent airborne radiometrics, magnetics, and VTEM surveys, which have outlined long linear conductive corridors interpreted as graphitic metasedimentary rocks in the prospective Wollaston-Mudjatik transition zone, with drilling focused on structurally complex areas believed to be favourable for uranium-bearing hydrothermal fluid pathways. In parallel, the company is running and planning additional ground and airborne geophysical work across multiple projects to prepare them for future drilling, and has commenced a $15 million exploration program at its West McArthur Project, with management emphasizing that it is fully funded to execute its 2026 exploration plans, potentially enhancing its resource discovery prospects and regional positioning near existing uranium processing infrastructure.
The most recent analyst rating on (TSE:CVV) stock is a Hold with a C$0.74 price target. To see the full list of analyst forecasts on CanAlaska Uranium stock, see the TSE:CVV Stock Forecast page.
CanAlaska Uranium has outlined an extensive 2026 exploration campaign across its Athabasca Basin portfolio, highlighted by winter drill programs at its 100%-owned Key Extension and Nebula projects located 15 to 30 kilometres south of the Key Lake Mine and Mill. These programs will test a series of high-priority targets defined by recent high-resolution airborne geophysical surveys and historical drilling, focusing on long, largely untested conductive corridors interpreted to host graphitic metasedimentary rocks and structurally complex zones that could concentrate uranium-bearing fluids. In parallel, the company is advancing additional projects toward future drilling with ground and airborne geophysics, and has commenced a separate $15 million exploration program at its West McArthur project, stating it is fully funded to execute its 2026 work, which underscores an aggressive push to grow its uranium discovery pipeline in a strategically important district.
The most recent analyst rating on (TSE:CVV) stock is a Hold with a C$0.74 price target. To see the full list of analyst forecasts on CanAlaska Uranium stock, see the TSE:CVV Stock Forecast page.
CanAlaska Uranium has commenced a three-rig winter drilling campaign at its West McArthur Joint Venture project in the southeastern Athabasca Basin, part of a $15 million 2026 exploration program co-funded with Cameco. The program aims to complete 20 to 25 unconformity target intersections, stepping out along the C10S corridor around the Pike Zone to expand on a mineralized footprint already traced over 500 metres, including a defined 140-metre high-grade pod. Building on encouraging 2025 results that showed strengthening alteration, structural disruption and uranium mineralization to the southwest, the company is using new geophysical data and directional drilling technology to test for additional high-grade zones, while also running a ground-based electromagnetic survey on the Epp Lake conductor. Management positions the campaign as potentially transformative given the proven uranium endowment of the C10 and C10S corridors and a supportive uranium price environment, underscoring West McArthur’s strategic importance in CanAlaska’s growth pipeline.
The most recent analyst rating on (TSE:CVV) stock is a Hold with a C$0.69 price target. To see the full list of analyst forecasts on CanAlaska Uranium stock, see the TSE:CVV Stock Forecast page.
CanAlaska Uranium has approved and is preparing a $15 million exploration program for 2026 at its West McArthur Joint Venture in the southeastern Athabasca Basin, where it holds roughly 88.86% and operates alongside partner Cameco. The campaign, to be co-funded on a pro-rata basis, will deploy three drill rigs from early January to step out from the high-grade Pike Zone discovery along the C10S trend, targeting both southwest and northeast extensions where drilling to date has been sparse and geophysical and geochemical indicators suggest strong potential for additional unconformity-related uranium zones. Building on 2025 results that significantly expanded the Pike Zone footprint and delivered some of the project’s best high-grade intercepts, the 2026 program will also test broader sections of the largely underexplored 16-kilometre C10/C10S conductive corridor, aiming to demonstrate further uranium endowment and potentially enhance the project’s scale and strategic value within the Athabasca uranium camp.
The most recent analyst rating on (TSE:CVV) stock is a Hold with a C$0.61 price target. To see the full list of analyst forecasts on CanAlaska Uranium stock, see the TSE:CVV Stock Forecast page.