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Canamera Energy Metals Corp (TSE:EMET)
:EMET
Canadian Market

Canamera Energy Metals Corp (EMET) AI Stock Analysis

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Canamera Energy Metals Corp

(EMET)

36Underperform
Canamera Energy Metals Corp has a challenging financial situation with no revenue and negative cash flow, impacting its business model sustainability. Technical analysis provides limited insights, and valuation metrics highlight the absence of profitability and dividends.

Canamera Energy Metals Corp (EMET) vs. S&P 500 (SPY)

Canamera Energy Metals Corp Business Overview & Revenue Model

Company DescriptionCanamera Energy Metals Corp (EMET) is a company operating within the energy and metals sectors. The company focuses on the exploration, development, and production of energy metals, which are critical components in the manufacturing of batteries and other energy storage solutions. EMET aims to contribute to the growing demand for sustainable energy by providing essential materials needed for renewable energy technologies and electric vehicles.
How the Company Makes MoneyCanamera Energy Metals Corp makes money primarily through the exploration and extraction of energy metals, such as lithium, cobalt, and nickel, which are then sold to manufacturers of batteries and other energy storage solutions. The company's revenue streams include the sale of raw materials to battery manufacturers, automotive companies, and technology firms involved in the production of electric vehicles and renewable energy systems. Additionally, EMET may engage in partnerships or joint ventures with other companies in the mining and energy sectors to enhance its exploration and production capabilities, further contributing to its earnings.

Canamera Energy Metals Corp Financial Statement Overview

Summary
Canamera Energy Metals Corp is facing significant financial challenges. The lack of revenue and continuing losses raise concerns about its business model and operational efficiency. While the debt level is low, the declining equity and negative cash flows suggest a need for strategic realignment or external support.
Income Statement
15
Very Negative
Canamera Energy Metals Corp has reported no revenue across all periods, indicating challenges in generating sales. With consistently negative EBIT and net income, the company is facing profitability issues. The lack of revenue growth further adds to the concern.
Balance Sheet
45
Neutral
The company maintains a relatively low debt-to-equity ratio due to its high equity base, which is a positive factor. However, the equity ratio has been declining, reflecting potential asset management issues. The consistent decrease in stockholders' equity also suggests financial strain.
Cash Flow
25
Negative
Operating cash flow remains negative, indicating ongoing cash burn. The free cash flow is concerning given its consistent negative trend. This could impact the company's ability to sustain operations without external financing.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
0.000.000.000.00
EBIT
-16.47K-25.79K-141.57K-73.99K-72.14K-68.50K
EBITDA
-47.32K0.00107.96K154.06K-72.14K-68.50K
Net Income Common Stockholders
-47.32K-45.83K-141.57K-530.09K-72.14K-68.50K
Balance SheetCash, Cash Equivalents and Short-Term Investments
220.33K203.51K258.58K398.23K473.54K195.48K
Total Assets
233.15K218.07K270.11K400.75K701.96K289.76K
Total Debt
11.58K11.58K11.58K11.58K11.58K21.75K
Net Debt
-208.76K-191.94K-247.00K-386.65K-461.97K-173.74K
Total Liabilities
57.47K57.31K63.52K52.60K51.77K56.79K
Stockholders Equity
175.68K160.76K206.59K348.15K650.19K232.97K
Cash FlowFree Cash Flow
-57.73K-55.06K-139.65K-75.31K-201.13K-34.79K
Operating Cash Flow
-57.73K-55.06K-139.65K-75.31K-66.48K-34.33K
Investing Cash Flow
0.000.000.000.00-134.66K-459.00
Financing Cash Flow
0.000.000.000.00479.19K230.28K

Canamera Energy Metals Corp Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.20
Price Trends
50DMA
0.25
Negative
100DMA
0.24
Negative
200DMA
0.24
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
0.35
Positive
STOCH
-7.41
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EMET, the sentiment is Negative. The current price of 0.2 is below the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.25, and below the 200-day MA of 0.24, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 0.35 is Positive, neither overbought nor oversold. The STOCH value of -7.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:EMET.

Canamera Energy Metals Corp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSGMA
51
Neutral
C$20.79M-58.91%-83.85%-24.32%
49
Neutral
$1.92B-1.52-22.04%3.84%0.67%-27.41%
TSNXE
39
Underperform
$3.63B27.25-7.77%-197.27%
36
Underperform
C$6.76M-31.13%26.32%
TSBAY
31
Underperform
C$14.67M-349.78%-184.91%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:EMET
Canamera Energy Metals Corp
0.20
-0.02
-9.09%
TSE:NXE
NexGen Energy
6.85
-3.68
-34.95%
TSE:BAY
Aston Bay Holdings
0.06
-0.06
-50.00%
TSE:GMA
Geomega Resources
0.14
0.03
27.27%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.