Global Atomic (GLO) AI Stock Analysis

• Market Cap: C$250.96M
• Dividend Yield: N/A
• Average Volume (3M): 1.39M
• Price to Earnings (P/E): 205.6
• Beta (1Y): 1.83
• Revenue Growth: 5.30%
• EPS Growth: N/A
• Country: CA
• Employees: 500
• Sector: Basic Materials
• Sector Strength: 71
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 339,138,030
• 10 Day Avg. Volume: 1,676,777
• 30 Day Avg. Volume: 1,390,513
• 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: C$1.61
• Price Target Upside: 117.11% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 49 Neutral
• Price Target: C$0.50 ▼(-32.43%Downside)

The stock's score is primarily impacted by the high valuation and weak technical indicators. Despite financial stability and recent positive corporate events, the challenges in profitability and cash flow coupled with a high P/E ratio suggest caution.

Positive Factors

Joint Venture Performance

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

Project Development

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 Requirements

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

Global Atomic Business Overview & Revenue Model

Company Description

Global Atomic Corporation (GLO) is a Canadian-based resource company engaged in the exploration and development of uranium and zinc. The company operates in two core sectors: uranium mining and zinc recycling. Its uranium division focuses on the exploration and advancement of its Dasa project located in Niger, which is one of the largest high-grade uranium projects in Africa. In addition, Global Atomic's zinc division operates through its joint venture with Befesa Zinc S.A.U. in Turkey, where it processes electric arc furnace dust (EAFD) to produce zinc concentrates.

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
EBITDA	-7.81M	-9.39M	-7.62M	-8.04M	-2.57M
Net Income	7.74M	-16.60M	-18.52M	-8.35M	-3.66M
Balance Sheet
Total Assets	273.88M	177.60M	110.26M	93.60M	53.04M
Cash, Cash Equivalents and Short-Term Investments	18.67M	24.86M	8.40M	34.18M	2.45M
Total Debt	5.42M	9.74M	670.13K	272.94K	47.92K
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: 0.74
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

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 0.74 is below the 20-day moving average (MA) of 0.77, below the 50-day MA of 0.84, and below the 200-day MA of 0.85, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 46.93 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, 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$166.49M	9.34	10.72%	―	27.28%	―
FAR	68 Neutral	C$179.51M	6.35	24.45%	3.30%	-22.18%	-32.05%
GMA	59 Neutral	C$25.81M	―	-65.04%	―	-89.84%	-16.41%
GLO	49 Neutral	C$250.96M	205.56	0.63%	―	5.30%	―
CVV	45 Neutral	C$159.77M	―	-55.96%	―	―	19.32%
Sector *	44 Neutral	C$982.42M	-6.71	-13.24%	2.54%	17.20%	-32.72%
LAM	38 Underperform	C$163.11M	―	-5.14%	―	―	-29.27%

Global Atomic Corporate Events

Global Atomic Closes C$24.8 Million Private Placement to Fund Dasa Project

Global Atomic Corporation has successfully closed a non-brokered private placement, raising C$24.8 million through the sale of 31,048,950 units. The proceeds will be used to advance the Dasa Project and for general working capital. The offering, which included the issuance of common shares and warrants, is subject to final approval by the Toronto Stock Exchange. This financing strengthens Global Atomic’s financial position, supporting its strategic initiatives in uranium and zinc production, potentially enhancing its market position and stakeholder value.

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 Announces AGM Results and Strategic Approvals

Global Atomic Corporation announced the results of its Annual General and Special Meeting of Shareholders, where 44.59% of outstanding common shares were voted. All director nominees were elected, and Ernst & Young LLP was re-appointed as auditors. The approval of unallocated entitlements under the company’s stock option plan for the next three years was also confirmed. This announcement reinforces the company’s governance and operational continuity, potentially impacting its strategic initiatives in uranium and zinc production.

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 Launches C$30 Million Private Placement to Fund Dasa Project

Global Atomic Corporation has announced a non-brokered private placement to raise up to C$30 million through the sale of 37.5 million units, each comprising one common share and one warrant. The proceeds will be used to advance the Dasa Project and for general working capital. The company is actively working on securing primary funding commitments and exploring various financing solutions, including a potential joint venture and non-equity interim financing options. The offering is expected to close around June 25, 2025, subject to regulatory approvals.

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 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.