Finlay Minerals (FYL) AI Stock Analysis

• Market Cap: C$20.39M
• Dividend Yield: N/A
• Average Volume (3M): 78.75K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.67
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.00
• Shares Outstanding: 169,900,990
• 10 Day Avg. Volume: 109,264
• 30 Day Avg. Volume: 78,748
• PEG Ratio: 0.29
• Price to Book (P/B): 0.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.72
• 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: 50 Neutral
• Price Target: C$0.11 ▼(-8.33% Downside)

The score is primarily constrained by weak financial performance (no revenue and ongoing losses) despite a debt-free balance sheet and improved operating cash flow. Technicals are neutral-to-slightly supportive but not strong enough to offset fundamentals, and valuation is pressured by negative earnings and no dividend yield (provided).

Positive Factors

Exploration Potential

The discovery of high-grade mineralization at the SAY property suggests significant potential for future resource development, enhancing long-term growth prospects.

Ownership and Strategic Positioning

Full ownership of the PIL Property allows Finlay to strategically plan and execute exploration, potentially leading to valuable discoveries and partnerships.

Insider Confidence

The exercise of warrants by a key insider indicates strong confidence in the company's potential, supporting its strategic initiatives and exploration efforts.

Negative Factors

Zero Revenue

The absence of revenue highlights a critical weakness in income generation, posing a risk to long-term viability and necessitating strategic changes or new revenue streams.

Negative Cash Flow

Ongoing negative cash flow from operations challenges liquidity and sustainability, requiring additional financing or revenue generation to maintain operations.

Negative Profitability

Persistent negative profitability reflects operational challenges and limits the company's ability to reinvest in growth, impacting long-term financial health.

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 targets. The company holds 100% interests in the Silver Hope property comprising 41 mineral tenures located in the Houston, British Columbia; and Atty property that includes 12 mineral tenure claims and PIL property consisting of 39 mineral tenures located in the Toodoggone mineral district. Finlay Minerals Ltd. was incorporated in 1999 and is headquartered in Vancouver, Canada.

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 into productive mining operations. Revenue streams include selling or partnering with larger mining companies to develop these properties or through joint ventures, which may provide upfront payments, royalties, or other financial arrangements. The company's earnings are significantly influenced by the fluctuating market prices of the minerals they explore, as well as their ability to secure funding and partnerships to finance exploration activities.

Finlay Minerals Financial Statement Overview

Summary

Finlay Minerals faces significant financial challenges with zero revenue, ongoing operating losses, and negative cash flows. The debt-free balance sheet offers some stability, but the lack of income and negative cash flows raise concerns about long-term viability without strategic changes or new revenue streams.

Income Statement

Finlay Minerals has consistently reported zero revenue over the analyzed periods, indicating a lack of sales activity. The company faces continuous negative EBIT and net income, reflective of operational challenges and ongoing losses. Profit margins cannot be calculated due to the absence of revenue, highlighting a critical weakness in the income generation capacity.

Balance Sheet

The balance sheet shows a strong equity position with no debt, as evidenced by a debt-to-equity ratio of zero. Stockholders' equity constitutes a significant portion of total assets, indicating financial stability. However, the absence of revenue and negative net income suggest potential risk in sustaining this position without external financing or revenue generation.

Cash Flow

Operating cash flow remains negative, indicating cash outflows from core operations. Although there has been some improvement in free cash flow, it remains negative, reflecting ongoing cash burn. The lack of revenue impacts the sustainability of cash flows, posing a challenge in maintaining liquidity without additional financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
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

• Technical Analysis Sentiment: Positive
• Last Price: 0.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FYL, the sentiment is Positive. The current price of 0.12 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.11, and above the 200-day MA of 0.11, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.02 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:FYL.

Finlay Minerals 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%
AIR	53 Neutral	C$25.06M	-17.86	-4.21%	―	―	66.86%
ATHA	52 Neutral	C$20.88M	10.67	19.89%	―	―	―
FYL	50 Neutral	C$20.39M	-70.59	-2.59%	―	―	―
RRI	48 Neutral	C$16.30M	-9.24	-15.87%	―	―	-90.32%
ARU	46 Neutral	C$24.47M	-1.39	―	―	―	-6.12%
NOB	36 Underperform	C$24.92M	-80.77	―	―	―	-970.00%

Finlay Minerals Corporate Events

John Andrew Barakso Increases Stake in Finlay Minerals Amidst Dilution

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 investment strategy, results in a decrease in his overall beneficial ownership percentage due to dilution from the company’s 2025 financings, impacting his control over the company’s shares.

Finlay Minerals Grants 2.7 Million Stock Options to Key Personnel

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 stock options to 11,925,000, potentially impacting shareholder value and employee incentives.

Finlay Minerals Completes 2025 Exploration Programs in British Columbia

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 2026 and assess other targets for future exploration. The completion of these programs positions Finlay to potentially enhance its exploration capabilities and strengthen its market position in the mining industry.

Finlay Minerals Closes $1.71 Million Private Placement to Boost Exploration

Finlay Minerals Ltd. has successfully closed a non-brokered private placement, raising approximately $1.71 million through the issuance of flow-through and non-flow-through units. The proceeds will be used for exploration activities on the company’s SAY, JJB, and Silver Hope properties, as well as for general working capital. This move is expected to bolster Finlay’s exploration efforts in regions known for recent copper-gold porphyry discoveries, potentially enhancing its industry positioning and offering new opportunities for stakeholders.

Finlay Minerals Announces $2 Million Private Placement for Exploration

Finlay Minerals Ltd. announced a non-brokered private placement to raise up to $2 million through the issuance of flow-through and non-flow-through units. The proceeds will be used for exploration of the company’s properties and general working capital. This strategic move aims to enhance Finlay’s exploration activities and strengthen its position in the mineral exploration industry. The private placement is expected to close around October 15, 2025, pending regulatory approvals.