Equity Metals (TSE:EQTY)
:EQTY
Want to see TSE:EQTY full AI Analyst Report?
Top Page
Equity Metals
(EQTY)
Select Model
Select Model
Rating:42Neutral
Price Target:
C$0.28
▼(-39.57% Downside)
Action:Reiterated
Date:06/06/26
The score is weighed down primarily by weak financial performance (no revenue, widening losses, and sustained cash burn), only partially offset by a debt-free balance sheet and improved capitalization. Technicals also remain negative with price below key moving averages and a negative MACD, while valuation signals provide little support due to the negative P/E and no dividend yield.
Positive Factors
Debt-free balance sheet
A debt-free capital structure materially lowers refinancing risk and fixed obligations for an exploration company. This durable strength improves resilience during prolonged exploration cycles, providing flexibility to time fundraising or JV deals without near-term debt maturities pressuring operations.
Negative Factors
No revenue; widening losses
Absence of operating revenue and materially wider losses mean the business lacks internal pathways to profitability. Persistent net losses increase the timeframe to create shareholder value and raise the bar for any capital-raising or transaction exit to deliver positive returns over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free capital structure materially lowers refinancing risk and fixed obligations for an exploration company. This durable strength improves resilience during prolonged exploration cycles, providing flexibility to time fundraising or JV deals without near-term debt maturities pressuring operations.
Read all positive factors
Equity Metals (EQTY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$64.41M
Dividend YieldN/A
Average Volume (3M)1.13M
Price to Earnings (P/E)―
Beta (1Y)2.90
Revenue GrowthN/A
EPS Growth-68.31%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.04
Shares Outstanding243,061,520
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)N/A
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 typically generate recurring operating revenue from selling products or services; instead, it is generally funded through capital markets and strategic transactions common to exploration-stage mining companies. Primary sourc...
Equity Metals Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
66
Positive
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 | -6.56K | -7.04K | -69.52K | -6.91K | -8.37K | -11.04K |
| EBITDA | -8.87M | -5.33M | -4.91M | -2.93M | -5.18M | -4.15M |
| Net Income | -8.71M | -5.42M | -4.08M | -2.91M | -5.01M | -4.21M |
Balance Sheet | ||||||
| Total Assets | 10.81M | 3.73M | 5.50M | 3.34M | 802.49K | 2.17M |
| Cash, Cash Equivalents and Short-Term Investments | 9.34M | 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 | 978.04K | 978.14K | 1.53M | 287.50K | 96.86K | 98.07K |
| Stockholders Equity | 9.84M | 2.76M | 3.97M | 3.06M | 705.63K | 2.07M |
Cash Flow | ||||||
| Free Cash Flow | -5.11M | -5.95M | -4.14M | -2.45M | -4.67M | -3.32M |
| Operating Cash Flow | -5.11M | -5.94M | -4.13M | -2.45M | -4.66M | -3.31M |
| Investing Cash Flow | -15.84K | -121.99K | -12.36K | 0.00 | -1.93K | 25.70K |
| Financing Cash Flow | 8.79M | 3.87M | 6.19M | 4.91M | 3.38M | 3.28M |
Equity Metals Technical Analysis
Negative
0.46
Price Trends
0.31
Negative
0.34
Negative
0.30
Negative
Market Momentum
-0.01
Positive
40.23
Neutral
42.22
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 0.46 is above the 20-day moving average (MA) of 0.30, above the 50-day MA of 0.31, and above the 200-day MA of 0.30, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 40.23 is Neutral, neither overbought nor oversold. The STOCH value of 42.22 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 (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | C$178.70M | -6.73 | -272.45% | ― | ― | -16.92% | |
49 Neutral | C$48.87M | -6.47 | -42.56% | ― | ― | 25.24% | |
44 Neutral | C$76.22M | -3.45 | -23.99% | ― | -2.25% | 18.99% | |
42 Neutral | C$64.41M | -7.08 | -176.02% | ― | ― | -68.31% | |
41 Neutral | C$100.56M | -3.91 | 215.19% | ― | -29.42% | -68.33% | |
40 Underperform | C$59.03M | -11.46 | -26.36% | ― | ― | 9.03% |
* Basic Materials Sector Average
TSE:EQTY
Equity Metals
0.27
0.05
23.26%
TSE:CTM
Canterra Minerals
0.15
0.05
50.00%
TSE:ELR
Eastern Platinum
0.37
0.11
45.10%
TSE:CGNT
Libero Copper & Gold
0.85
0.64
304.76%
TSE:NVRO
EnviroGold Global
0.19
0.10
100.00%
TSE:ESAU
Secova Metals
0.49
-0.33
-40.24%
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.