CanAlaska Uranium (CVV) AI Stock Analysis

• Market Cap: C$165.01M
• Dividend Yield: N/A
• Average Volume (3M): 776.09K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.74
• Revenue Growth: N/A
• EPS Growth: -69.65%
• Country: CA
• Employees: 5
• Sector: Energy
• Sector Strength: 52
• Industry: Industrial Materials
• EPS (TTM): -0.02
• Shares Outstanding: 220,030,330
• 10 Day Avg. Volume: 801,533
• 30 Day Avg. Volume: 776,087
• 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 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: 49 Neutral
• Price Target: C$0.75 ▲(24.33% Upside)

The score is held back primarily by weak financial performance (no revenue, ongoing losses, and substantial cash burn). Technicals also remain bearish with the price below key moving averages and negative MACD. Offsetting factors include positive corporate developments (successful financing and expanded exploration potential), while valuation provides limited support due to negative earnings and no dividend data.

Positive Factors

Uranium Discoveries

The expansion of high-grade uranium at West McArthur enhances CanAlaska's strategic position in the uranium sector, indicating potential for future resource growth and increased market competitiveness.

Strategic Partnerships

Partnerships with major players like Cameco provide CanAlaska with financial and operational support, enhancing its exploration capabilities and potential for successful project development.

Exploration Advancements

Successful drill programs at Cree East indicate progress in identifying uranium deposits, which could lead to significant long-term value creation through resource development.

Negative Factors

Profitability Concerns

Ongoing negative margins suggest significant challenges in achieving profitability, which could impact CanAlaska's ability to attract investment and fund exploration activities.

Cash Flow Issues

Persistent negative cash flows indicate operational inefficiencies and reliance on external financing, which may limit CanAlaska's financial flexibility and long-term sustainability.

Financial Challenges

The lack of revenue and ongoing losses highlight financial instability, which could hinder CanAlaska's ability to sustain operations and invest in future growth without external funding.

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 80% interest in the Geikie project that comprises six new uranium targets totaling 33,897 hectares located in the Eastern Athabasca basin; and a 100% interest in the Marshall project located in the Athabasca Basin. It also holds interests in approximately 395,000 hectares of mining claims in the Athabasca basin located across the provinces of Saskatchewan, Manitoba, British Columbia, and Alberta in Canada. The company was formerly known as CanAlaska Ventures Ltd. and changed its name to CanAlaska Uranium Ltd. in October 2006. CanAlaska Uranium Ltd. was incorporated in 1985 and is headquartered in Vancouver, Canada.

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	Dec 2025	Dec 2024	Dec 2023	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-183.00K	-196.00K	-168.00K	-105.00K	-18.00K
EBITDA	-10.27M	-9.48M	-9.06M	-6.05M	-3.75M
Net Income	-10.52M	-8.04M	-9.27M	-6.18M	-3.77M
Balance Sheet
Total Assets	23.10M	15.90M	15.39M	16.19M	8.35M
Cash, Cash Equivalents and Short-Term Investments	21.25M	14.10M	13.05M	14.97M	7.68M
Total Debt	685.00K	761.00K	846.00K	305.00K	0.00
Total Liabilities	2.73M	1.86M	3.31M	2.11M	322.00K
Stockholders Equity	20.37M	14.04M	12.08M	14.08M	8.02M
Cash Flow
Free Cash Flow	-13.58M	-11.77M	-12.86M	-6.26M	-2.32M
Operating Cash Flow	-13.56M	-11.48M	-12.48M	-5.89M	-2.19M
Investing Cash Flow	812.00K	-815.00K	-213.00K	-127.00K	10.00K
Financing Cash Flow	20.90M	12.11M	10.17M	12.98M	7.58M

CanAlaska Uranium Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.60
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• 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 Neutral. The current price of 0.6 is below the 20-day moving average (MA) of 0.66, below the 50-day MA of 0.64, and below the 200-day MA of 0.82, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 54.95 is Neutral, neither overbought nor oversold. The STOCH value of 76.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:CVV.

CanAlaska Uranium Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SYH	60 Neutral	C$90.53M	111.25	2.21%	―	―	―
SAG	50 Neutral	C$69.19M	-3.69	-58.10%	―	―	-919.03%
FSY	50 Neutral	C$106.46M	-36.52	-9.83%	―	―	49.12%
CVV	49 Neutral	C$165.01M	-8.14	-68.08%	―	―	-69.65%
CCCM	48 Neutral	C$134.84M	-39.02	-4.33%	―	―	10.13%
LAM	44 Neutral	C$190.03M	-42.11	-3.57%	―	―	27.96%

CanAlaska Uranium Corporate Events

CanAlaska Ramps Up 2026 Uranium Exploration Across Athabasca Portfolio

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 Launches Aggressive 2026 Uranium Exploration Across Athabasca Portfolio

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 Launches Three-Rig Winter Drill Program at West McArthur JV to Target New High-Grade Uranium Zones

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 Launches $15 Million 2026 Drill Campaign at West McArthur’s High-Grade Pike Zone

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.

CanAlaska Expands Exploration Potential at West McArthur Project

CanAlaska Uranium Ltd. announced the results of a geophysical survey on its West McArthur Project, revealing an extension of the C10S conductive corridor to a 16-kilometre strike length. This development highlights new exploration targets southwest of the Pike Zone, enhancing the project’s potential for uranium discovery and positioning CanAlaska for further growth in the uranium sector.

The most recent analyst rating on (TSE:CVV) stock is a Buy with a C$1.40 price target. To see the full list of analyst forecasts on CanAlaska Uranium stock, see the TSE:CVV Stock Forecast page.

CanAlaska Expands West McArthur Uranium Zone Amid Renewed Nuclear Interest

CanAlaska Uranium Ltd. has successfully expanded the mineralized footprint of its West McArthur Joint Venture project in the Athabasca Basin, extending the Pike Zone to a 500-meter strike length. The summer drill program revealed significant uranium mineralization and hydrothermal alteration, with promising results indicating potential for further high-grade discoveries to the west. This expansion aligns with the company’s strategic focus on uranium exploration amid renewed interest in nuclear energy, as evidenced by the U.S.’s recent $80 billion reactor deal with Westinghouse. The findings have prompted a fully funded $15 million exploration program for 2026, set to commence in January, to further explore and develop the Pike Zone corridor.

The most recent analyst rating on (TSE:CVV) stock is a Buy with a C$1.40 price target. To see the full list of analyst forecasts on CanAlaska Uranium stock, see the TSE:CVV Stock Forecast page.

CanAlaska Uranium Completes $15 Million Private Placement for Exploration Expansion

CanAlaska Uranium Ltd. has successfully closed a $15 million brokered private placement, issuing 9,757,500 common shares. The funds raised will be used for Canadian exploration expenses, particularly in the West McArthur project and other exploration projects in Saskatchewan, aiming to enhance the company’s positioning in the uranium exploration industry.

The most recent analyst rating on (TSE:CVV) stock is a Buy with a C$1.40 price target. To see the full list of analyst forecasts on CanAlaska Uranium stock, see the TSE:CVV Stock Forecast page.