Fireweed Zinc (FWZ) AI Stock Analysis

• Market Cap: $322.71M
• Dividend Yield: N/A
• Average Volume (3M): 280.02K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.13
• Revenue Growth: N/A
• EPS Growth: 13.05%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Industrial Materials
• EPS (TTM): -0.21
• Shares Outstanding: 183,355,790
• 10 Day Avg. Volume: 327,646
• 30 Day Avg. Volume: 280,016
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 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

Fireweed Zinc's overall stock score reflects significant financial challenges, with negative profitability and cash flow issues being major concerns. While technical analysis offers some optimism with positive momentum, the poor valuation due to unprofitability weighs heavily on the score. Recent corporate events suggest strategic improvements, but their impact is not yet realized, warranting a cautious outlook.

Fireweed Zinc Business Overview & Revenue Model

Company Description

Fireweed Zinc (FWZ) is a mining exploration and development company primarily focused on advancing its zinc-lead-silver projects in Canada. The company's flagship project, the Macmillan Pass Project, is located in the Yukon Territory and is among the largest undeveloped zinc-lead-silver resources in the world. Fireweed Zinc is committed to sustainable and responsible mining practices, leveraging its expertise to explore and develop high-quality mineral assets.

How the Company Makes Money

Fireweed Zinc makes money through the exploration, development, and potential future production of mineral resources, primarily zinc, lead, and silver. The company raises capital through equity financing to fund its exploration and development activities. Once the projects are sufficiently advanced, Fireweed Zinc may generate revenue through the sale of mineral concentrates or by entering into joint ventures or partnerships with larger mining companies. Additionally, the company aims to enhance shareholder value by increasing the resource base and advancing its projects towards feasibility and production stages. Strategic partnerships and favorable market conditions for zinc, lead, and silver can significantly impact the company's earnings potential.

Fireweed Zinc Financial Statement Overview

Summary

Fireweed Zinc faces financial difficulties with significant challenges in profitability and cash flow. The income statement shows negative margins and high operating expenses. The balance sheet, while showing some stability due to a solid equity base, is undermined by a reliance on debt. The cash flow situation is particularly concerning, with negative free cash flow and heavy reliance on external financing.

Income Statement

Fireweed Zinc's income statement reflects significant challenges with profitability. The company has not generated any substantial revenue over the past years, with TTM revenue being minimal. Gross profit margins and net profit margins are negative due to high operating expenses and negative gross profit, indicating an unprofitable operation. The substantial negative EBIT and EBITDA margins further highlight inefficiencies and high operational costs.

Balance Sheet

Fireweed Zinc maintains a relatively solid equity base with a moderate equity ratio, suggesting some financial stability. However, the company has accumulated considerable debt over the years. The debt-to-equity ratio remains low, indicating low leverage risk, but the negative net income results in weak return on equity. The company appears to be maintaining liquidity through high cash reserves, which is a positive aspect of its financial position.

Cash Flow

The cash flow statement reveals significant cash outflows from operating activities, with the company heavily reliant on financing to sustain operations. Free cash flow is negative, highlighting challenges in generating sufficient cash from operations. The free cash flow to net income ratio is concerning, indicating inefficiencies in converting earnings to cash. The company’s cash flow situation is precarious, relying on external funding.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-452.30K	-40.50K	-42.74K	-16.05K	-5.85K
	EBIT
-39.39M	-16.78M	-9.68M	-6.41M	-948.50K
	EBITDA
-39.72M	-15.90M	-9.25M	-6.04M	-5.25M
	Net Income Common Stockholders
-33.26M	-10.29M	-8.89M	-5.63M	-1.37M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
19.22M	39.89M	8.18M	2.26M	783.79K
	Total Assets
39.46M	54.61M	21.03M	14.22M	25.46M
	Total Debt
796.90K	40.00K	40.00K	40.00K	0.00
	Net Debt
-18.43M	-39.85M	-8.14M	-2.22M	-783.79K
	Total Liabilities
6.90M	5.45M	2.29M	506.44K	1.42M
	Stockholders Equity
32.56M	49.16M	18.75M	13.71M	24.04M
Cash Flow		Free Cash Flow
-37.92M	-15.32M	-8.85M	-6.90M	-5.77M
	Operating Cash Flow
-36.51M	-14.98M	-8.75M	-6.23M	-1.15M
	Investing Cash Flow
-1.42M	-1.84M	-99.70K	-667.75K	-4.62M
	Financing Cash Flow
17.26M	48.52M	14.76M	8.38M	4.98M

Fireweed Zinc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FWZ, the sentiment is Positive. The current price of 1.76 is above the 20-day moving average (MA) of 1.73, above the 50-day MA of 1.69, and above the 200-day MA of 1.46, indicating a bullish trend. The MACD of 0.05 indicates Positive momentum. The RSI at 51.38 is Neutral, neither overbought nor oversold. The STOCH value of 21.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:FWZ.

Fireweed Zinc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.95B	-1.37	-21.43%	3.74%	0.84%	-29.84%
FWZ	46 Neutral	$322.71M	―	-102.13%	―	―	13.05%
TK	43 Neutral	C$16.35M	―	-1.26%	―	―	35.14%
MMG	41 Neutral	C$48.31M	―	-55.36%	―	―	41.78%

Fireweed Zinc Corporate Events

Fireweed Metals Corp. Announces Successful Shareholder Meeting and Stock Option Grants

Fireweed Metals Corp. announced the successful results of its annual general and special meeting of shareholders, where all proposed matters were approved, and new directors Ron Hochstein and Wojtek Wodzicki were welcomed to the board. The company also granted 798,000 stock options to certain employees and directors, which are exercisable over a five-year term, as part of its stock option plan. These developments are expected to strengthen Fireweed’s governance and incentivize its team as it continues to advance its projects in the critical metals industry.

Spark’s Take on TSE:FWZ Stock

According to Spark, TipRanks’ AI Analyst, TSE:FWZ is a Neutral.

Fireweed Zinc’s stock score reflects significant challenges in financial performance, due to ongoing losses and a precarious cash flow situation. While the technical analysis suggests some positive momentum, the company’s valuation remains weak due to unprofitability. Corporate events signal potential strategic improvements, but their impact is yet to be realized.

To see Spark’s full report on TSE:FWZ stock, click here.

Fireweed Metals Unveils New Exploration Targets with Muon Tomography

Fireweed Metals Corp. has identified three new exploration targets at its Boundary Zone deposit in Yukon, using innovative muon tomography technology in collaboration with Ideon Technologies. This advancement is part of a broader initiative to enhance mineral exploration efficiency and accuracy, potentially expanding the company’s zinc exploration capabilities and strengthening its position in the critical minerals market.

Fireweed Metals Appoints New CFO and Announces Stock Option Grant

Fireweed Metals Corp. has appointed Tyler Keeling as its new Chief Financial Officer, bringing over 18 years of mining sector experience to the role. This strategic leadership change is expected to support the company’s growth as it advances its critical minerals district at Macmillan Pass. Additionally, the company announced a stock option grant to employees and directors, further aligning their interests with the company’s success.