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Equity Metals
(EQTY)
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Rating:43Neutral
Price Target:
C$0.29
▲(14.00% Upside)
Action:Reiterated
Date:07/21/26
The score is primarily constrained by weak financial performance (no revenue, widening losses, and elevated cash burn implying continued financing reliance), reinforced by bearish technical signals (trading below major moving averages with negative MACD). Valuation provides limited support due to a negative P/E and no dividend yield data.
Positive Factors
Conservative balance sheet (no debt)
No reported debt reduces refinancing pressure and fixed cash outflows, improving the company's ability to fund exploration episodically from equity or cash without near-term interest obligations. This structural conservatism lowers solvency risk over the next several months.
Negative Factors
No operating revenue
Absence of operating revenue means the firm lacks internally generated cash flows to sustain programs. Over months this forces reliance on external capital markets for working capital, making continuity of exploration activities contingent on successful financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet (no debt)
No reported debt reduces refinancing pressure and fixed cash outflows, improving the company's ability to fund exploration episodically from equity or cash without near-term interest obligations. This structural conservatism lowers solvency risk over the next several months.
Read all positive factors
Equity Metals (EQTY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$70.62M
Dividend YieldN/A
Average Volume (3M)1.13M
Price to Earnings (P/E)―
Beta (1Y)3.17
Revenue GrowthN/A
EPS Growth-70.83%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.04
Shares Outstanding243,511,540
10 Day Avg. Volume1,301,223
30 Day Avg. Volume1,128,817
Financial Highlights & Ratios
PEG Ratio-0.70
Price to Book (P/B)13.87
Price to Sales (P/S)0.00
P/FCF Ratio-6.43
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.03
Revenue Forecast (FY)N/A
Equity Metals Business Overview & Revenue Model
Company Description
Established in Canada in 1964 and headquartered in Vancouver, Equity Metals Corporation is primarily engaged in the acquisition, exploration, and development of mineral properties throughout the country. The company's efforts are concentrated on i...
How the Company Makes Money
Equity Metals does not have publicly available information indicating recurring operating revenue from producing mines or the sale of mineral products; as an exploration-stage company, it generally does not generate revenue from operations. null...
Equity Metals Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -4.79K | -7.04K | -69.52K | -6.91K | -8.37K | -11.04K |
| EBITDA | -10.08M | -5.33M | -4.91M | -2.93M | -5.18M | -4.15M |
| Net Income | -10.04M | -5.42M | -4.08M | -2.91M | -5.01M | -4.21M |
Balance Sheet | ||||||
| Total Assets | 8.98M | 3.73M | 5.50M | 3.34M | 802.49K | 2.17M |
| Cash, Cash Equivalents and Short-Term Investments | 7.36M | 2.80M | 5.00M | 2.95M | 497.52K | 1.79M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.64M | 978.14K | 1.53M | 287.50K | 96.86K | 98.07K |
| Stockholders Equity | 7.34M | 2.76M | 3.97M | 3.06M | 705.63K | 2.07M |
Cash Flow | ||||||
| Free Cash Flow | -6.73M | -5.95M | -4.14M | -2.45M | -4.67M | -3.32M |
| Operating Cash Flow | -6.73M | -5.94M | -4.13M | -2.45M | -4.66M | -3.31M |
| Investing Cash Flow | -16.16K | -121.99K | -12.36K | 0.00 | -1.93K | 25.70K |
| Financing Cash Flow | 8.76M | 3.87M | 6.19M | 4.91M | 3.38M | 3.28M |
Equity Metals Technical Analysis
Negative
0.25
Price Trends
0.26
Positive
0.29
Negative
0.31
Negative
Market Momentum
<0.01
Negative
46.89
Neutral
37.91
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EQTY, the sentiment is Negative. The current price of 0.25 is below the 20-day moving average (MA) of 0.27, below the 50-day MA of 0.26, and below the 200-day MA of 0.31, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 46.89 is Neutral, neither overbought nor oversold. The STOCH value of 37.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:EQTY.
Equity Metals 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$257.30M | -8.56 | -272.45% | ― | ― | -16.92% | |
51 Neutral | C$92.70M | -3.15 | -31.80% | ― | 6.78% | 19.11% | |
49 Neutral | C$68.92M | -6.22 | -42.56% | ― | ― | 25.24% | |
44 Neutral | C$47.60M | -8.45 | -26.36% | ― | ― | 9.03% | |
43 Neutral | C$70.62M | -6.55 | -180.69% | ― | ― | -70.83% | |
41 Neutral | C$106.07M | -3.91 | 215.19% | ― | -29.42% | -68.33% |
* General Sector Average
TSE:EQTY
Equity Metals
0.26
0.08
45.71%
TSE:CTM
Canterra Minerals
0.12
0.05
60.00%
TSE:ELR
Eastern Platinum
0.41
0.23
127.78%
TSE:CGNT
Libero Copper & Gold
1.19
1.03
630.06%
TSE:NVRO
EnviroGold Global
0.22
0.12
126.32%
TSE:ESAU
Secova Metals
0.62
-0.20
-24.39%
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.