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Global Atomic Corporation (TSE:GLO)
TSX:GLO
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Global Atomic (GLO) AI Stock Analysis

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TSE:GLO

Global Atomic

(TSX:GLO)

Rating:52Neutral
Price Target:
C$0.50
▼(-34.21%Downside)
Global Atomic's stock score reflects a combination of financial instability and positive corporate events. The significant risk due to operating losses and overvaluation is somewhat balanced by strategic financing activities and potential growth in the uranium sector. Investors should weigh these risks against the company's growth strategies.
Positive Factors
Financial Support
Discussions remain ongoing with a U.S. Development Bank to finance approximately 60% of CapEx, and management expects Credit Committee approval in Q2 2025.
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 Needs
There is a need for additional capital in H2 2025 to continue project construction.

Global Atomic (GLO) vs. iShares MSCI Canada ETF (EWC)

Global Atomic Business Overview & Revenue Model

Company DescriptionGlobal 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 MoneyGlobal Atomic generates revenue primarily through two key streams: uranium exploration and zinc concentrate production. In the Uranium Business, the company focuses on developing the Dasa Project, which is expected to produce uranium for sale to nuclear power plants and other industrial users. The company plans to monetize this asset through long-term supply contracts and spot market sales. In the Zinc Business, Global Atomic earns revenue from its joint venture in Turkey, which processes Electric Arc Furnace Dust (EAFD) to produce high-grade zinc concentrates. These concentrates are sold to zinc smelters around the world. Significant partnerships include collaborations with local and international stakeholders in both Niger and Turkey, which enhance operational capabilities and market reach.

Global Atomic Financial Statement Overview

Summary
Global Atomic shows potential with revenue growth and a strong equity position. However, persistent operating losses and negative cash flows pose significant risks. The company needs to improve operational efficiency and cash generation to enhance financial health and investor confidence.
Income Statement
45
Neutral
Global Atomic has experienced some revenue growth over the years, with a TTM revenue of 874,635 compared to previous annual figures. However, consistent operating losses are evident with negative EBIT and EBITDA margins, indicating challenges in operational efficiency. Despite a recent positive net income, the overall profitability remains weak.
Balance Sheet
55
Neutral
The balance sheet shows a strong equity position with a high equity ratio, indicating financial stability. However, the debt-to-equity ratio is manageable but increasing, which might pose future risks if not controlled. The company's assets have increased significantly, supporting potential growth opportunities.
Cash Flow
40
Negative
The cash flow statement highlights negative free cash flow, primarily driven by high capital expenditures. The operating cash flow remains negative, indicating challenges in generating cash from operations. Despite substantial financing inflows, sustainability concerns remain due to persistent cash outflows.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue859.34K690.00K1.15M957.72K707.55K
Gross Profit614.39K417.56K888.20K805.43K585.99K
EBITDA-7.81M-9.39M-7.62M-8.04M-2.57M
Net Income7.74M-16.60M-18.52M-8.35M-3.66M
Balance Sheet
Total Assets273.88M177.60M110.26M93.60M53.04M
Cash, Cash Equivalents and Short-Term Investments18.67M24.86M8.40M34.18M2.45M
Total Debt5.42M9.74M670.13K272.94K47.92K
Total Liabilities26.76M19.41M8.75M2.90M1.23M
Stockholders Equity246.66M157.76M101.08M90.70M51.81M
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 Flow69.52M65.62M9.81M49.12M3.58M

Global Atomic Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.76
Price Trends
50DMA
0.81
Negative
100DMA
0.73
Positive
200DMA
0.80
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
51.75
Neutral
STOCH
66.82
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GLO, the sentiment is Neutral. The current price of 0.76 is above the 20-day moving average (MA) of 0.72, below the 50-day MA of 0.81, and below the 200-day MA of 0.80, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.75 is Neutral, neither overbought nor oversold. The STOCH value of 66.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:GLO.

Global Atomic Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
82
Outperform
C$179.69M10.0810.72%27.28%
71
Outperform
C$172.60M6.1124.45%3.43%-22.18%-32.05%
60
Neutral
S$1.33B9.912.01%5.04%-0.53%28.51%
59
Neutral
C$36.57M-65.04%-89.84%-16.41%
52
Neutral
$257.74M211.110.63%5.30%
45
Neutral
C$188.44M-61.13%19.32%
38
Underperform
C$158.04M-5.14%-29.27%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:GLO
Global Atomic
0.76
-0.51
-40.16%
TSE:CVV
CanAlaska Uranium
1.00
0.37
58.73%
TSE:FAR
Foraco International
1.75
-1.00
-36.36%
TSE:GEO
Geodrill
3.81
1.41
58.75%
TSE:GMA
Geomega Resources
0.26
0.16
160.00%
TSE:LAM
Laramide Resources
0.60
-0.02
-3.23%

Global Atomic Corporate Events

Private Placements and FinancingBusiness Operations and Strategy
Global Atomic Closes C$24.8 Million Private Placement to Fund Dasa Project
Positive
Jun 26, 2025

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.

Shareholder MeetingsBusiness Operations and Strategy
Global Atomic Announces AGM Results and Strategic Approvals
Neutral
Jun 25, 2025

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.

Private Placements and Financing
Global Atomic Launches C$30 Million Private Placement to Fund Dasa Project
Neutral
Jun 17, 2025

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.

Private Placements and FinancingBusiness Operations and StrategyFinancial Disclosures
Global Atomic Reports Q1 2025 Progress and Financial Outlook
Positive
May 13, 2025

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.

Private Placements and FinancingBusiness Operations and Strategy
Global Atomic Advances Financing for Dasa Uranium Project
Positive
Apr 28, 2025

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.

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.Date of analysis: Jul 17, 2025