Finlay Minerals Ltd (TSE:FYL)
:FYL
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Finlay Minerals
(FYL)
Select Model
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Rating:54Neutral
Price Target:
C$0.13
▲(10.83% Upside)
Action:ReiteratedDate:01/14/26
The score is held back primarily by weak operating fundamentals (no revenue, ongoing losses, and negative free cash flow), partially offset by a strong debt-free balance sheet and improved operating cash flow. Technicals are constructive with price above key moving averages and a positive MACD, but elevated RSI suggests momentum may be stretched. Valuation is not supportive due to negative earnings and no dividend yield data.
Positive Factors
Debt-free Balance Sheet
A zero-debt balance sheet materially reduces refinancing and interest-rate risk, preserving financial optionality for exploration spending or deal-making. Over the next several months this supports flexibility to pursue JV/option opportunities without fixed debt service obligations.
Negative Factors
No Revenue Generation
Absence of operating revenue leaves the company without internally generated, recurring cash inflows, making long-term sustainability contingent on external funding or transactional monetization. Over months this limits independent investment in advancing projects.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free Balance Sheet
A zero-debt balance sheet materially reduces refinancing and interest-rate risk, preserving financial optionality for exploration spending or deal-making. Over the next several months this supports flexibility to pursue JV/option opportunities without fixed debt service obligations.
Read all positive factors
Finlay Minerals (FYL) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$19.20M
Dividend YieldN/A
Average Volume (3M)78.75K
Price to Earnings (P/E)―
Beta (1Y)1.30
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)0.00
Shares Outstanding169,900,990
10 Day Avg. Volume109,264
30 Day Avg. Volume78,748
Financial Highlights & Ratios
PEG Ratio0.29
Price to Book (P/B)0.27
Price to Sales (P/S)0.00
P/FCF Ratio-5.72
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
Finlay Minerals Business Overview & Revenue Model
Company Description
Finlay Minerals Ltd. engages in the acquisition and exploration of base and precious metal deposits in northern British Columbia, Canada. It focuses on the exploration for gold-rich copper porphyry, epithermal gold, and mesothermal silver-copper t...
How the Company Makes Money
Finlay Minerals makes money through the exploration and potential development of its mineral properties. The company's revenue model primarily relies on successfully identifying commercially viable mineral deposits that can be sold or developed in...
Finlay Minerals Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
66
Positive
Cash Flow
42
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 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 | 0.00 | 0.00 | 0.00 |
| EBITDA | -232.79K | 0.00 | 49.33K | -374.00K | -946.00K | 86.00K |
| Net Income | -242.87K | -215.23K | -394.00K | -361.00K | -1.04M | -47.54K |
Balance Sheet | ||||||
| Total Assets | 15.65M | 11.73M | 11.91M | 11.63M | 12.02M | 9.24M |
| Cash, Cash Equivalents and Short-Term Investments | 2.89M | 299.60K | 641.01K | 280.44K | 1.89M | 292.64K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 3.96M | 1.62M | 1.73M | 1.77M | 1.92M | 1.66M |
| Stockholders Equity | 11.69M | 10.11M | 10.18M | 9.86M | 10.10M | 7.58M |
Cash Flow | ||||||
| Free Cash Flow | -1.51M | -483.95K | -383.75K | -1.77M | -1.46M | -826.21K |
| Operating Cash Flow | 1.55M | -300.90K | -291.10K | -405.72K | -446.86K | -131.81K |
| Investing Cash Flow | -957.28K | -108.85K | -56.05K | -1.27M | -934.21K | -685.73K |
| Financing Cash Flow | 2.03M | 200.00K | 548.61K | 0.00 | 3.05M | -15.41K |
Finlay Minerals Technical Analysis
Negative
0.12
Price Trends
0.12
Negative
0.12
Negative
0.11
Negative
Market Momentum
>-0.01
Positive
33.57
Neutral
38.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FYL, the sentiment is Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.12, and above the 200-day MA of 0.11, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 33.57 is Neutral, neither overbought nor oversold. The STOCH value of 38.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FYL.
Finlay Minerals 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% | |
54 Neutral | C$19.20M | -403.86 | -2.59% | ― | ― | ― | |
53 Neutral | C$14.35M | 2.37 | 19.89% | ― | ― | ― | |
53 Neutral | C$16.29M | -13.29 | -4.21% | ― | ― | 66.86% | |
46 Neutral | C$26.45M | -0.85 | 108.42% | ― | ― | -6.12% | |
| ― | C$22.90M | 6.58 | 6.24% | ― | ― | -970.00% | |
51 Neutral | C$19.58M | -2.45 | 6.43% | ― | ― | -90.32% |
* Basic Materials Sector Average
TSE:FYL
Finlay Minerals
0.11
0.03
41.25%
TSE:ARU
Aurania Resources
0.20
-0.14
-41.18%
TSE:NOB
Noble Mineral Exploration
0.09
0.02
38.46%
TSE:RRI
Riverside Resources
0.21
0.06
42.86%
TSE:ATHA
Athena Gold
0.06
>-0.01
-8.33%
TSE:AIR
Clean Air Metals
0.07
0.01
18.18%
Finlay Minerals Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Finlay Minerals Uncovers High-Grade Copper-Silver Targets at SAY Project Ahead of Expanded 2026 Program
Positive
Jan 26, 2026
Finlay Minerals reported that its 2025 exploration program at the 100%-owned SAY Project in British Columbia has identified large-scale porphyry-style targets with strong copper and silver mineralization, including a rock sample grading 15.3% copp...
Business Operations and Strategy
Finlay Minerals Expands Porphyry Targets in 2025 ATTY Exploration Program
Positive
Jan 14, 2026
Finlay Minerals reported that its 2025 exploration program at the ATTY Project has significantly expanded known copper-gold porphyry targets and outlined several new prospects, strengthening the project’s scale and geological coherence along...
Business Operations and StrategyPrivate Placements and Financing
John Andrew Barakso Increases Stake in Finlay Minerals Amidst Dilution
Neutral
Dec 11, 2025
John Andrew Barakso has acquired beneficial ownership of 100,000 common shares of Finlay Minerals Ltd. through a stock option grant under the company’s 10% Rolling Stock Option Plan. This acquisition, which is part of Barakso’s investm...
Business Operations and Strategy
Finlay Minerals Grants 2.7 Million Stock Options to Key Personnel
Neutral
Dec 11, 2025
Finlay Minerals Ltd. has granted 2,725,000 stock options to its directors, officers, employees, and consultants, allowing them to acquire common shares at $0.13 each until December 2030. This move increases the company’s total outstanding st...
Business Operations and Strategy
Finlay Minerals Completes 2025 Exploration Programs in British Columbia
Positive
Nov 6, 2025
Finlay Minerals Ltd. has completed its 2025 exploration programs at the PIL and ATTY Projects in the Toodoggone region of British Columbia. These programs, funded through Earn-In Agreements with Freeport-McMoRan, aimed to develop drill targets for...
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.