Fuse Cobalt (FUSE) AI Stock Analysis

• Market Cap: C$1.69M
• Dividend Yield: N/A
• Average Volume (3M): 12.35K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.75
• Revenue Growth: N/A
• EPS Growth: -23.28%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 53
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 37,589,745
• 10 Day Avg. Volume: 9,314
• 30 Day Avg. Volume: 12,351
• PEG Ratio: 0.03
• Price to Book (P/B): 0.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.85
• 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: 41 Neutral
• Price Target: ―

Fuse Cobalt's score is primarily impacted by its financial performance, marked by consistent losses and negative cash flow despite a strong balance sheet. The technical indicators suggest a lack of momentum, and valuation metrics are unattractive with a negative P/E ratio.

Fuse Cobalt Business Overview & Revenue Model

Company Description

Fuse Cobalt Inc., an exploration stage company, acquires, explores for, and develops energy metal projects. The company holds a 100% interest in the Glencore Bucke project comprising 2 patented mining claims totaling 16.2 hectares (ha) located in the Cobalt, Ontario. It also owns a 100% interest Teledyne cobalt project consisting of 5 patented mining claims covering an area of 79.1 ha, as well as 46 unpatented mining claims covering an area of approximately 700 ha located in the Bucke and Lorrain Townships of Ontario. The company was formerly known as LiCo Energy Metals Inc. and changed its name to Fuse Cobalt Inc. in March 2020. Fuse Cobalt Inc. was incorporated in 1998 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Fuse Cobalt makes money through the exploration and development of its cobalt mining properties. The company's revenue model primarily revolves around increasing the value of its mining assets through exploration activities, which involve drilling and geological studies to identify and estimate cobalt reserves. Once these reserves are proven, Fuse Cobalt can potentially enter into joint ventures, sell its properties to larger mining companies, or directly benefit from the sale of extracted cobalt ore. The company's earnings are significantly influenced by cobalt market prices, exploration success, and regulatory factors affecting the mining sector. Additionally, strategic partnerships with larger mining firms or technology companies needing cobalt for battery production may also contribute to its financial performance.

Fuse Cobalt Financial Statement Overview

Summary

Fuse Cobalt's financial performance is challenged by consistent net losses and negative cash flow, despite a strong balance sheet with no debt.

Income Statement

Fuse Cobalt's income statement highlights an ongoing challenge with profitability, as evidenced by consistent net losses and negative EBIT across all periods. The absence of revenue streams presents a significant hurdle for the company, compounded by increasing net losses over the years.

Balance Sheet

The company's balance sheet shows a strong equity position with no debt, resulting in a favorable debt-to-equity ratio. Stockholders' equity remains robust, indicating financial stability despite the absence of revenue generation.

Cash Flow

Cash flow analysis reveals negative free cash flow and operating cash flow, suggesting liquidity challenges. Although the cash position has decreased, the company has managed to invest significantly in capital expenditures, indicating efforts towards growth.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
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
EBITDA	-1.43M	-75.04K	-2.64M	-369.16K	-1.62M	-366.64K
Net Income	-1.43M	-1.67M	-2.64M	-517.11K	-1.62M	-1.28M
Balance Sheet
Total Assets	11.61M	5.72M	6.40M	4.42M	4.03M	3.50M
Cash, Cash Equivalents and Short-Term Investments	783.33K	1.10M	2.02M	467.04K	224.55K	34.59K
Total Debt	14.29K	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.86M	20.74K	43.12K	45.30K	27.05K	129.22K
Stockholders Equity	9.75M	5.70M	6.36M	4.37M	4.00M	3.37M
Cash Flow
Free Cash Flow	-609.47K	-927.88K	-2.20M	-433.27K	-1.16M	-512.48K
Operating Cash Flow	-634.55K	-632.11K	-1.68M	-429.20K	-1.05M	-479.90K
Investing Cash Flow	-215.89K	-295.78K	-522.60K	-4.06K	-105.47K	-32.58K
Financing Cash Flow	0.00	0.00	3.54M	893.08K	1.35M	500.00K

Fuse Cobalt Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FUSE, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 45.79 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:FUSE.

Fuse Cobalt Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$15.14B	9.95	6.38%	5.21%	4.16%	-67.19%
QNI	53 Neutral	C$1.76M	2.57	3.71%	―	―	―
FUSE	41 Neutral	C$1.69M	―	-150.17%	―	―	-23.28%
GEMC	38 Underperform	C$2.70M	―	-15.98%	―	―	88.48%
FCI	32 Underperform	C$1.64M	―	-198.61%	―	―	53.47%
CBLT	27 Underperform	C$3.09M	―	-65.39%	―	―	86.46%
NNX	24 Underperform	C$1.58M	―	20.69%	―	―	37.78%