Margaret Lake Diamonds (DIA) AI Stock Analysis

• Market Cap: C$887.84K
• Dividend Yield: N/A
• Average Volume (3M): 766.00
• Price to Earnings (P/E): ―
• Beta (1Y): -0.27
• Revenue Growth: N/A
• EPS Growth: 83.91%
• Country: CA
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 63
• Industry: Other Precious Metals
• EPS (TTM): -0.05
• Shares Outstanding: 9,345,675
• 10 Day Avg. Volume: 1,890
• 30 Day Avg. Volume: 766
• PEG Ratio: -0.04
• Price to Book (P/B): -1.45
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.31
• 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: 24 Underperform
• Price Target: ―

Margaret Lake Diamonds is currently struggling with significant financial issues, including consistent losses and negative equity, greatly affecting its stock score. Technical analysis further portrays a weak stock performance with bearish trends. Despite some positive corporate developments, such as new project acquisitions and leadership changes, these factors are insufficient to substantially improve the overall negative financial and technical analysis.

Margaret Lake Diamonds Business Overview & Revenue Model

Company Description

Margaret Lake Diamonds Inc., an exploration stage company, engages in the acquisition and exploration of mineral resource properties in Canada. The company holds interests in the Old Nick Nickel-Cobalt project; and the Letain Nickel-Cobalt project located in British Columbia. It has option to acquire a 100% interest in the Mormon Lake Uranium property located near Payson, Arizona. Margaret Lake Diamonds Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Margaret Lake Diamonds makes money through the exploration and potential development of diamond mining projects. The company's revenue model is based on discovering economically viable diamond deposits and either developing these sites into operational mines or selling the rights to larger mining companies for further development. Revenue streams include potential future diamond sales, joint ventures, and partnerships with other mining companies that provide funding and expertise in exchange for equity or profit-sharing agreements. As an exploration company, Margaret Lake Diamonds' earnings are significantly influenced by the success of its exploration activities, market demand for diamonds, and the ability to secure necessary financing and partnerships.

Margaret Lake Diamonds Financial Statement Overview

Summary

Margaret Lake Diamonds is facing significant financial challenges with consistent losses and negative equity. The lack of revenue generation is a critical issue, although there are some signs of improvement in cash management and EBITDA. The financial position suggests a need for strategic adjustments to address operational and financial weaknesses.

Income Statement

The company has consistently reported zero revenue, indicating a lack of operational success in generating sales. Net income remains negative, highlighting ongoing losses, though there is a positive trend in EBITDA improvement from 2023 to 2024, which may suggest some cost control efforts.

Balance Sheet

The company's balance sheet exhibits negative stockholders' equity in recent years, which is a significant concern indicating financial distress. The absence of debt is positive, but the high liabilities relative to assets and negative equity signal potential solvency issues.

Cash Flow

Operating cash flow remains negative, reflecting ongoing challenges in maintaining operational cash requirements. However, there is a noticeable improvement in free cash flow from 2023 to 2024, suggesting some progress in cash management despite continued negative figures.

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
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-316.45K	-334.71K	-1.60M	-286.75K	-313.05K	333.18K
	EBITDA
-1.16M	844.23K	-1.58M	-286.75K	-313.05K	-383.56K
	Net Income Common Stockholders
-1.18M	-1.21M	-1.66M	-489.99K	-310.32K	-1.17M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.80K	32.33K	108.76K	19.55K	38.27K	927.00
	Total Assets
1.31M	155.88K	1.42M	1.24M	829.52K	683.27K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-5.80K	-32.33K	-108.76K	-19.55K	-38.27K	-927.00
	Total Liabilities
621.57K	504.72K	558.68K	1.20M	1.42M	1.02M
	Stockholders Equity
689.31K	-348.84K	865.31K	40.29K	-586.43K	-335.68K
Cash Flow		Free Cash Flow
-328.74K	-376.43K	-2.15M	-912.34K	-216.64K	-198.58K
	Operating Cash Flow
-328.74K	-376.43K	-1.97M	-640.19K	-58.64K	-96.17K
	Investing Cash Flow
300.00K	300.00K	-147.88K	-272.15K	-110.00K	50.33K
	Financing Cash Flow
48.50K	0.00	2.21M	893.62K	205.98K	135.07K

Margaret Lake Diamonds Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DIA, the sentiment is Neutral. The current price of 0.1 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and below the 200-day MA of 0.14, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 89.10 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:DIA.

Margaret Lake Diamonds Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$2.82B	10.89	0.42%	8438.96%	5.74%	-20.95%
DIA	24 Underperform	C$887.84K	―	-1207.18%	―	―	83.91%
MPVDF		$11.65M	―	-39.12%	―	―	―
DMIFF		$2.47M	―		―	―	―
MMN		C$632.77K	―		―	―	―
MTB		C$3.22M	―	-97.53%	―	―	―
SNG	43 Neutral	C$9.32M	―	-51.14%	―	―	-302.83%

Margaret Lake Diamonds Corporate Events

Margaret Lake Diamonds Secures Letain Nickel Project

Margaret Lake Diamonds Inc. has announced the acquisition of the Letain Nickel Project in northern British Columbia, Canada, after receiving acceptance from the TSX Venture Exchange. The company has made an initial payment and issued shares to the vendor, securing the right to fully acquire the project. This strategic move allows the company to diversify its mineral portfolio beyond diamonds, potentially enhancing its market position and offering new opportunities for exploration and development in the nickel sector.

Spark’s Take on TSE:DIA Stock

According to Spark, TipRanks’ AI Analyst, TSE:DIA is a Underperform.

Margaret Lake Diamonds exhibits significant financial challenges with consistent losses and negative equity, heavily influencing its poor score. Technical indicators reflect weak stock performance. While valuation metrics are unattractive, recent corporate events, including a strategic project reacquisition and new leadership, offer some positive outlook but are insufficient to offset the overall negative financial and technical analysis.

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

Margaret Lake Diamonds Closes Private Placement and Appoints New Director

Margaret Lake Diamonds Inc. has successfully closed a non-brokered private placement, raising $291,163.93 to fund exploration activities and general corporate purposes. Additionally, the company appointed Mr. Daryn Gordon, a seasoned Chartered Professional Accountant, to its board of directors, potentially strengthening its financial oversight and strategic direction.

Spark’s Take on TSE:DIA Stock

According to Spark, TipRanks’ AI Analyst, TSE:DIA is a Underperform.

Margaret Lake Diamonds exhibits significant financial challenges with consistent losses and negative equity, heavily influencing its poor score. Technical indicators reflect weak stock performance. While valuation metrics are unattractive, recent corporate events, including a strategic project reacquisition and new leadership, offer some positive outlook but are insufficient to offset the overall negative financial and technical analysis.

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

Margaret Lake Diamonds Launches Private Placement to Fund Exploration

Margaret Lake Diamonds Inc. has announced a non-brokered private placement to raise up to $290,000 through the issuance of units comprising common shares and warrants. The proceeds will be used for exploration activities and general corporate purposes, with potential participation from insiders constituting a related party transaction. The private placement is subject to TSX Venture Exchange approval and includes a hold period for the securities issued.

Margaret Lake Diamonds Reacquires Letain Nickel Project to Boost Exploration Efforts

Margaret Lake Diamonds Inc. has announced the reacquisition of the Letain Nickel Project in northern British Columbia, a strategic move that aligns with the growing demand for domestic sources of nickel and other critical minerals. This acquisition allows the company to enhance its exploration activities during the 2025 season, potentially strengthening its position in the mineral exploration sector and providing stakeholders with opportunities linked to the project’s resource potential.