Global Atomic (GLO) AI Stock Analysis

• Market Cap: $283.44M
• Dividend Yield: N/A
• Average Volume (3M): 873.98K
• Price to Earnings (P/E): 241.7
• Beta (1Y): 1.83
• Revenue Growth: 5.30%
• EPS Growth: N/A
• Country: CA
• Employees: 500
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 308,091,060
• 10 Day Avg. Volume: 847,600
• 30 Day Avg. Volume: 873,978
• PEG Ratio: -0.36
• Price to Book (P/B): 6.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -22.14
• 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: $1.60
• Price Target Upside: 83.80% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 59 Neutral
• Price Target: C$1.00 ▲(14.94%Upside)

Global Atomic's stock score reflects a mixed financial performance with growth potential offset by profitability challenges. Technical indicators are moderately supportive, but high valuation metrics suggest caution. Positive corporate events provide some optimism about future project financing and operational progress.

Positive Factors

Financial Partnership

Discussions remain ongoing with a U.S. Development Bank to finance approximately 60% of CapEx, and management expects Credit Committee approval in Q2 2025.

Non-equity Investment

A potential non-equity investment with a uranium industry group could eliminate the need for near term equity financing.

Project Advancement

Global Atomic is advancing the Dasa Project, a high-grade uranium deposit located in the Republic of Niger, with first production targeting H1 2026.

Negative Factors

Capital Requirement

There is a need for additional capital in H2 2025 to continue project construction.

Volume Decline

The Turkish joint venture achieved EBITDA recovery despite a decline in volume, driven by higher zinc prices.

Global Atomic Business Overview & Revenue Model

Company Description

Global Atomic Corporation engages in the acquisition, exploration, and development of uranium properties in Niger. It owns 100% interest in the Dasa deposit located in the Republic of Niger. The company also processes electric arc furnace dust into zinc concentrates, which is sold to zinc smelters. Global Atomic Corporation is headquartered in Toronto, Canada.

How the Company Makes Money

Global Atomic makes money primarily through two key revenue streams: uranium exploration and zinc recycling. The uranium segment generates revenue from the exploration, development, and potential future sale of uranium from its Dasa project. As the project progresses towards production, future revenue is expected from uranium sales to utilities and other customers. In the zinc segment, the company earns revenue from its joint venture in Turkey, where the plant processes EAFD to produce zinc concentrates that are sold to smelters. This joint venture provides a stable cash flow, which supports the company's overall financial health. Significant partnerships, such as the joint venture with Befesa Zinc S.A.U., enhance the company's capabilities in the zinc recycling sector and contribute to its income.

Global Atomic Financial Statement Overview

Summary

While Global Atomic has shown revenue growth with a positive net income shift, ongoing profitability challenges are evident with negative operating margins and cash flow issues. The company has a strong equity position with low leverage, but its reliance on external financing poses risks.

Income Statement

Global Atomic has shown significant improvement in revenue, with a revenue growth rate of approximately 24.5% from 2023 to 2024. However, profitability remains a challenge, evidenced by negative EBIT and EBITDA margins. The net profit margin turned positive in 2024, which is a positive sign, but the historical trend of negative margins indicates ongoing operational challenges.

Balance Sheet

The company maintains a strong equity base, with an equity ratio of about 90% in 2024, indicating financial stability. The debt-to-equity ratio is low at about 0.02, suggesting low financial leverage and risk. However, the substantial increase in liabilities over the years requires careful monitoring.

Cash Flow

Operating cash flow remains negative, indicating reliance on external financing. The free cash flow growth rate is negative, reflecting significant capital expenditures. The company has managed to maintain a positive financing cash flow, but the sustainability of this trend is uncertain given the negative operating cash flow.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
859.34K	690.00K	1.15M	957.72K	707.55K
	Gross Profit
614.39K	417.56K	888.20K	805.43K	585.99K
	EBIT
-8.06M	-9.59M	-6.45M	-8.20M	-2.69M
	EBITDA
-7.81M	-9.39M	-7.62M	-8.04M	-2.57M
	Net Income Common Stockholders
7.74M	-16.60M	-18.52M	-8.35M	-3.66M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
18.67M	24.86M	8.40M	34.18M	2.45M
	Total Assets
273.88M	177.60M	110.26M	93.60M	53.04M
	Total Debt
5.42M	9.74M	670.13K	272.94K	47.92K
	Net Debt
-13.25M	-15.12M	-7.73M	-33.91M	-2.40M
	Total Liabilities
26.76M	19.41M	8.75M	2.90M	1.23M
	Stockholders Equity
246.66M	157.76M	101.08M	90.70M	51.81M
Cash Flow		Free Cash Flow
-55.83M	-40.51M	-28.16M	-5.00M	-1.44M
	Operating Cash Flow
-6.24M	-5.33M	-4.42M	-4.06M	-1.43M
	Investing Cash Flow
-68.43M	-43.92M	-31.29M	-13.27M	-3.59M
	Financing Cash Flow
69.52M	65.62M	9.81M	49.12M	3.58M

Global Atomic Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.87
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GLO, the sentiment is Negative. The current price of 0.87 is below the 20-day moving average (MA) of 0.93, above the 50-day MA of 0.79, and below the 200-day MA of 0.89, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 47.85 is Neutral, neither overbought nor oversold. The STOCH value of 21.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GLO.

Global Atomic Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GEO	78 Outperform	C$164.13M	9.10	10.72%	―	27.28%	―
FAR	65 Neutral	C$159.78M	5.66	24.45%	3.70%	-22.18%	-32.05%
GLO	59 Neutral	$283.44M	241.67	0.63%	―	5.30%	―
Sector *	51 Neutral	$2.04B	-1.15	-21.24%	3.95%	2.91%	-30.44%
GMA	50 Neutral	C$21.51M	―	-65.04%	―	-89.84%	-16.41%
CVV	45 Neutral	C$150.76M	―	-55.96%	―	―	19.32%
LAM	38 Underperform	C$163.11M	―	-5.14%	―	―	-29.27%

Global Atomic Corporate Events

Global Atomic Reports Q1 2025 Progress and Financial Outlook

Global Atomic reported progress in the first quarter of 2025, highlighting advancements in the Dasa Uranium Project and a return to profitability for its Turkish zinc joint venture. The company is actively pursuing financing options to support the Dasa Project, including a potential debt facility with a U.S. Development Bank and discussions for non-equity investments. Despite fluctuations in uranium prices, the company remains optimistic about the long-term market outlook due to increasing global demand for nuclear energy. The Turkish joint venture is expected to perform well as steel mill activity rebounds, providing better access to raw materials.

The most recent analyst rating on (TSE:GLO) stock is a Hold with a C$1.10 price target. To see the full list of analyst forecasts on Global Atomic stock, see the TSE:GLO Stock Forecast page.

Global Atomic Advances Financing for Dasa Uranium Project

Global Atomic Corporation has provided an update on the financing of its Dasa Uranium Project in Niger. The company is in discussions for a non-equity investment and has engaged with key suppliers interested in investing in the project. This approach could negate the need for near-term equity financing, allowing time for the U.S. Development Bank’s debt facility approval and potential joint venture financing. The company aims to finalize project financing without returning to the equity market soon, ensuring favorable terms for its shareholders.

Global Atomic Reports 2024 Results and Advances Dasa Project Financing

Global Atomic Corporation announced its 2024 financial results, highlighting significant progress in the development of the Dasa Uranium Project. The company is actively pursuing financing options, including a debt facility with a U.S. Development Bank and potential joint venture partnerships, to cover the remaining capital costs. Despite logistical challenges, the project’s capital costs have only slightly increased, and the company is managing expenditures to avoid interim financing. The uranium market has seen fluctuating spot prices but steady long-term contract prices, with a positive outlook for future demand.