Flow Metals Corp (FWM) AI Stock Analysis

• Market Cap: C$1.00M
• Dividend Yield: N/A
• Average Volume (3M): 1.79K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.47
• Revenue Growth: N/A
• EPS Growth: 42.77%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 13,371,805
• 10 Day Avg. Volume: 4,860
• 30 Day Avg. Volume: 1,786
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: C$0.06 ▼(-21.25% Downside)

The score is primarily held down by weak financial fundamentals (pre-revenue, ongoing losses, negative cash flow, and higher 2025 leverage). Technicals also indicate soft momentum. Offsetting these, recent corporate events are constructive for an early-stage explorer (permit, encouraging exploration signals, and financing to advance drilling), but they do not fully mitigate the current financial risk profile.

Positive Factors

Debt Management

By settling debt through share issuance, Flow Metals reduces cash outflows and manages financial obligations, enhancing financial stability.

Project Advancements

Advancing exploration projects and securing permits positions Flow Metals for future growth and potential revenue generation from gold discoveries.

Financial Position

The debt conversion plan enhances cash flow, providing the company with more resources to fund exploration activities and sustain operations.

Negative Factors

No Revenue Generation

The lack of revenue generation poses a significant risk to long-term viability, as the company relies on external funding to sustain operations.

Cash Flow Concerns

Negative cash flows highlight the company's reliance on financing activities, which may not be sustainable without revenue from operations.

Operational Losses

Persistent operational losses without revenue indicate challenges in achieving profitability, impacting long-term financial health.

Flow Metals Corp Business Overview & Revenue Model

Company Description

Flow Metals Corp. operates as a mineral exploration company in Canada. It primarily explores for gold and copper deposits. The company owns interests in the New Brenda property consists of 16 contiguous mineral claims covering an area of 10,500 hectares located in southern British Columbia. It also owns interests in Sixty Mile property located in Yukon territory, Canada; and Ashuanipi gold property located in Quebec, Canada. Flow Metals Corp. was incorporated in 2018 and is based in Vancouver, British Columbia.

How the Company Makes Money

Flow Metals Corp makes money through the exploration and development of gold mining properties, which involves discovering and proving the viability of gold deposits. The company's revenue model primarily revolves around increasing the value of its mining claims and properties, which can be monetized through joint ventures, outright sales, or entering into production agreements with larger mining companies. Significant partnerships with other mining firms and financial institutions can provide funding and technical expertise, crucial for advancing exploration projects. A successful discovery can lead to substantial returns either by selling the asset or through royalty agreements with mining operators.

Flow Metals Corp Financial Statement Overview

Summary

Flow Metals Corp exhibits financial difficulties typical of an early-stage exploration company with no revenue generation. While the balance sheet shows no debt and a reasonable equity position, constant losses and cash outflows pose significant risks. To improve its standing, the company needs to transition towards generating revenue and achieving positive cash flow from operations.

Income Statement

Flow Metals Corp has consistently reported no revenue, indicating challenges in achieving commercial operations. The absence of gross profit and consistently negative net income highlight ongoing operational losses. Despite a reduction in EBIT losses in TTM, the overall trajectory remains concerning due to persistent lack of revenue generation.

Balance Sheet

The company's balance sheet shows a moderate equity position with no current debt, reflecting some stability. However, the shrinking stockholders' equity over time and continual operational losses pose potential risks. The equity ratio indicates that the company is predominantly financed through equity, which could be a positive aspect if managed well.

Cash Flow

The cash flow statements reveal negative operating and free cash flows, indicating ongoing cash burn without revenue support. Despite positive financing cash flow, likely from capital raises, sustainability concerns persist due to lack of operational cash flow generation. Improvements in free cash flow in the TTM period show slight progress but remain insufficient for long-term viability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	-750.00	-9.00K	-6.75K
EBITDA	-295.81K	-227.42K	-254.80K	-363.58K	-478.12K	-785.84K
Net Income	-293.41K	-245.60K	-254.80K	-364.34K	-488.94K	-795.70K
Balance Sheet
Total Assets	685.67K	675.34K	675.34K	767.86K	660.42K	1.07M
Cash, Cash Equivalents and Short-Term Investments	53.42K	39.74K	70.25K	190.12K	90.79K	423.83K
Total Debt	264.03K	318.18K	0.00	0.00	852.00	10.39K
Total Liabilities	317.23K	415.18K	333.37K	289.13K	274.24K	283.30K
Stockholders Equity	368.44K	260.16K	341.97K	478.73K	386.18K	781.71K
Cash Flow
Free Cash Flow	-206.12K	-164.31K	-169.87K	-247.34K	-318.04K	-553.76K
Operating Cash Flow	-204.83K	-164.31K	-168.57K	-246.57K	-299.54K	-538.87K
Investing Cash Flow	-1.29K	0.00	-1.29K	-16.63K	-33.50K	-44.90K
Financing Cash Flow	183.80K	133.80K	50.00K	362.53K	0.00	814.75K

Flow Metals Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FWM, the sentiment is Positive. The current price of 0.08 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.07, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 92.20 is Negative, 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:FWM.

Flow Metals Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AVG	56 Neutral	C$1.98M	4.09	152.16%	―	―	-81.75%
NVX	47 Neutral	C$4.96M	-2.22	-50.32%	―	―	-40.12%
FWM	45 Neutral	C$1.00M	-3.95	-82.62%	―	―	42.77%
MNG	35 Underperform	C$3.48M	-55.56	-13.94%	―	―	33.33%
SMP	17 Underperform	C$4.18M	-0.35	-231.76%	―	―	-286.86%

Flow Metals Corp Corporate Events

Flow Metals Corp. Announces $400,000 Financing for Sixtymile Project Expansion

Flow Metals Corp. announced a non-brokered private placement to raise up to $400,000, following the grant of a 10-year Class 3 Quartz exploration permit at Sixtymile. This financing will support preparations for an expanded work program and a focused drill campaign in 2026, aimed at advancing core targets and evaluating additional structures at the Sixtymile project. The proceeds will also fund exploration and development in Yukon and British Columbia, with potential insider participation and finder’s fees. The securities will be subject to a four-month hold period as per applicable laws.

Flow Metals Unveils Promising Drilling Results at New Brenda

Flow Metals Corp. has reported promising results from its initial backpack drilling and VLF survey at the New Brenda Project in southern British Columbia. The findings suggest the presence of a buried porphyry system, with geochemical and geophysical data indicating significant copper mineralization. This discovery enhances Flow Metals’ exploration potential and could strengthen its position in the mineral exploration industry.

Flow Metals Secures 10-Year Exploration Permit for Yukon Gold Project

Flow Metals Corp has received a 10-year Class 3 Quartz exploration permit from the Yukon Government for its Sixtymile Gold Project, allowing extensive mechanized exploration activities in a historically productive gold district. This permit enables the company to conduct up to 100 diamond drill holes annually, mechanized trenching, and road construction, facilitating systematic exploration of higher-grade gold zones. The project, which covers key drainages with historical placer gold yields, aims to delineate these zones to explain the district’s gold endowment, with activities conducted under environmental regulations and community engagement.