CanAlaska Uranium Ltd (TSE:CVV)
:CVV
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CanAlaska Uranium
(CVV)
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Rating:42Neutral
Price Target:
C$0.61
▼(-3.97% Downside)
Action:ReiteratedDate:03/24/26
The score is driven primarily by very weak financial performance—no revenue, widening losses, and significant ongoing cash burn—partly offset by low balance-sheet leverage and a larger equity cushion. Technicals are also negative with the stock trading below major moving averages and a negative MACD, while valuation support is limited due to losses (negative P/E) and no dividend yield.
Positive Factors
Low leverage and larger equity cushion
Low debt and a materially expanded equity base reduce near-term refinancing and solvency risk for an exploration company. The larger capital base provides a durable funding cushion to support multi-stage drilling programs and JV commitments over the next several months without immediate debt pressure.
Negative Factors
No revenue and widening net losses
The company lacks operating revenue and reports materially widening losses, indicating it is not generating returns from operations. Over months this structural absence of sales activity means continued dependence on external capital and a binary outcome tied to exploration success or further dilution.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and larger equity cushion
Low debt and a materially expanded equity base reduce near-term refinancing and solvency risk for an exploration company. The larger capital base provides a durable funding cushion to support multi-stage drilling programs and JV commitments over the next several months without immediate debt pressure.
Read all positive factors
CanAlaska Uranium (CVV) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$138.67M
Dividend YieldN/A
Average Volume (3M)776.09K
Price to Earnings (P/E)―
Beta (1Y)1.79
Revenue GrowthN/A
EPS Growth-69.65%
CountryCA
Employees5
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding220,115,340
10 Day Avg. Volume801,533
30 Day Avg. Volume776,087
Financial Highlights & Ratios
PEG Ratio-1.80
Price to Book (P/B)6.49
Price to Sales (P/S)0.00
P/FCF Ratio-9.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$1.50Price Target Upside138.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.1
Revenue Forecast (FY)N/A
CanAlaska Uranium Business Overview & Revenue Model
Company Description
CanAlaska Uranium Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties. It primarily explores for uranium, nickel, copper, gold, and diamond deposits. The company has an option agreement to acquire 8...
How the Company Makes Money
null...
CanAlaska Uranium Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
56
Neutral
Cash Flow
18
Very Negative
| 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 | -180.00K | -183.00K | -196.00K | -168.00K | -105.00K | -18.00K |
| EBITDA | -18.45M | -10.27M | -9.48M | -9.06M | -6.05M | -3.75M |
| Net Income | -17.34M | -10.52M | -8.04M | -9.27M | -6.18M | -3.77M |
Balance Sheet | ||||||
| Total Assets | 44.21M | 23.10M | 15.90M | 15.39M | 16.19M | 8.35M |
| Cash, Cash Equivalents and Short-Term Investments | 42.20M | 21.25M | 14.10M | 13.05M | 14.97M | 7.68M |
| Total Debt | 607.00K | 685.00K | 761.00K | 846.00K | 305.00K | 0.00 |
| Total Liabilities | 7.08M | 2.73M | 1.86M | 3.31M | 2.11M | 322.00K |
| Stockholders Equity | 37.12M | 20.37M | 14.04M | 12.08M | 14.08M | 8.02M |
Cash Flow | ||||||
| Free Cash Flow | -18.00M | -13.58M | -11.77M | -12.86M | -6.26M | -2.32M |
| Operating Cash Flow | -17.94M | -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 | 31.88M | 20.90M | 12.11M | 10.17M | 12.98M | 7.58M |
CanAlaska Uranium Technical Analysis
Negative
0.63
Price Trends
0.82
Negative
0.73
Negative
0.83
Negative
Market Momentum
-0.05
Positive
36.29
Neutral
25.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CVV, the sentiment is Negative. The current price of 0.63 is below the 20-day moving average (MA) of 0.75, below the 50-day MA of 0.82, and below the 200-day MA of 0.83, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 36.29 is Neutral, neither overbought nor oversold. The STOCH value of 25.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CVV.
CanAlaska Uranium Peers Comparison
UnderperformOutperform
Sector (55)
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% | |
52 Neutral | C$82.72M | -31.79 | -0.04% | ― | ― | ― | |
50 Neutral | C$61.87M | -81.19 | -72.70% | ― | ― | -919.03% | |
50 Neutral | C$78.31M | -54.82 | -9.58% | ― | ― | 49.12% | |
45 Neutral | C$94.89M | -49.21 | -4.27% | ― | ― | 10.13% | |
44 Neutral | C$178.70M | -22.58 | -5.97% | ― | ― | 27.96% | |
42 Neutral | C$138.67M | -7.61 | -63.90% | ― | ― | -69.65% |
* General Sector Average
TSE:CVV
CanAlaska Uranium
0.63
-0.30
-32.26%
TSE:CCCM
C3 Metals
0.95
0.30
46.15%
TSE:FSY
Forsys Metals
0.32
-0.43
-57.33%
TSE:LAM
Laramide Resources
0.63
-0.07
-10.00%
TSE:SAG
Sterling Metals
1.42
1.11
358.06%
TSE:SYH
Skyharbour Resources
0.39
0.03
6.85%
CanAlaska Uranium Corporate Events
Business Operations and Strategy
CanAlaska Strikes Exploration Pact With Kineepik Métis to Bolster Sustainable Uranium Push
Positive
Mar 24, 2026
CanAlaska Uranium has signed an exploration agreement with Kineepik Métis Local Inc. to formalize collaboration on its uranium exploration activities within KML’s traditional territories in the Athabasca Basin. The deal is positioned as...
Business Operations and Strategy
CanAlaska Extends High-Grade Uranium Mineralization at West McArthur’s Pike Zone
Positive
Mar 2, 2026
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...
Business Operations and Strategy
CanAlaska Launches EM Survey to Advance Waterbury South Uranium Project Near Cigar Lake
Positive
Feb 19, 2026
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...
Business Operations and Strategy
CanAlaska Begins 2026 Drilling at Nebula Uranium Project Near Key Lake
Positive
Feb 17, 2026
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 ...
Business Operations and Strategy
CanAlaska Launches 2026 Drilling at Key Extension Uranium Project Near Key Lake
Positive
Feb 4, 2026
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 progr...
Business Operations and Strategy
CanAlaska Assays Extend High-Grade Pike Zone at West McArthur Project
Positive
Jan 22, 2026
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-...
Business Operations and Strategy
CanAlaska Extends High-Grade Uranium Footprint at West McArthur’s Pike Zone
Positive
Jan 22, 2026
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 dri...
Business Operations and Strategy
CanAlaska Ramps Up 2026 Uranium Exploration Across Athabasca Portfolio
Positive
Jan 15, 2026
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 Mi...
Business Operations and Strategy
CanAlaska Launches Aggressive 2026 Uranium Exploration Across Athabasca Portfolio
Positive
Jan 15, 2026
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 ...
Business Operations and Strategy
CanAlaska Launches Three-Rig Winter Drill Program at West McArthur JV to Target New High-Grade Uranium Zones
Positive
Jan 13, 2026
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...
Business Operations and Strategy
CanAlaska Launches $15 Million 2026 Drill Campaign at West McArthur’s High-Grade Pike Zone
Positive
Jan 6, 2026
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, t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.