Grid Metals (GRDM) AI Stock Analysis

• Market Cap: C$33.79M
• Dividend Yield: N/A
• Average Volume (3M): 311.88K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: N/A
• EPS Growth: 78.09%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 233,037,060
• 10 Day Avg. Volume: 290,309
• 30 Day Avg. Volume: 311,880
• PEG Ratio: 0.03
• Price to Book (P/B): 45.82
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.03
• 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: 48 Neutral
• Price Target: C$0.14 ▼(-0.71% Downside)

The score is primarily held down by weak financial performance (no revenue, persistent losses, significant cash burn, and a very thin equity cushion). Technicals are neutral-to-modestly constructive and recent corporate updates (high-grade cesium results and exploration financing) provide a positive catalyst, but valuation support is limited given ongoing losses.

Grid Metals Business Overview & Revenue Model

Company Description

Grid Metals Corp. engages in exploring and developing base and precious metal mineral properties in Canada. It explores for nickel, copper, cobalt, lithium and rare metals, and platinum group metals. The company primarily focuses on the East Bull Lake Palladium Property located in Ontario. Its properties also include the Makwa-Mayville Nickel Copper PGM Cobalt Project in Manitoba; and the Bannockburn Nickel Project located in the Sudbury Mining Division, Ontario. The company was formerly known as Mustang Minerals Corp. and changed its name to Grid Metals Corp. in June 2018. The company was incorporated in 1997 and is headquartered in Toronto, Canada.

How the Company Makes Money

Grid Metals makes money through the exploration and development of its mineral properties, with the objective of bringing them into production. The company's revenue model primarily revolves around increasing the value of its projects through successful exploration, resource definition, and feasibility studies, which can lead to joint ventures, partnerships, or outright sales of assets to larger mining companies. Additionally, Grid Metals may generate revenue through strategic alliances or partnerships with other companies in the mining sector, which can provide funding and technical expertise to advance its projects. The company may also benefit from metal price appreciation, which can enhance the value of its in-ground resources.

Grid Metals Financial Statement Overview

Summary

Grid Metals faces substantial financial challenges, with no revenue generation and increasing losses. The high debt levels add financial risk, and negative cash flows exacerbate liquidity issues. Strategic changes are needed to improve financial health and operational efficiency.

Income Statement

Grid Metals has consistently reported no revenue over the years, leading to negative gross and net profit margins. The company is facing increasing operational expenses and negative EBIT and EBITDA figures, indicating operational inefficiencies and lack of profitability.

Balance Sheet

The company's balance sheet shows a high debt-to-equity ratio, indicating significant leverage and financial risk. The equity ratio has been declining, suggesting a weakened financial structure. However, the company maintains a reasonable level of cash and cash equivalents, providing some liquidity cushion.

Cash Flow

Grid Metals reports negative operating and free cash flows, reflecting cash flow challenges. The operating cash flow to net income ratio is unfavorable, showing poor cash generation from operations. Free cash flow trends are also negative, raising concerns about sustainability without further 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	-385.83K	-808.75K	-151.00K	-25.25K	-12.39K	-11.15K
EBITDA	-1.05M	-5.00M	-10.09M	301.00K	-3.84M	-3.19M
Net Income	-1.45M	-6.04M	-10.37M	275.76K	-3.85M	-3.20M
Balance Sheet
Total Assets	542.29K	1.53M	12.79M	12.90M	3.00M	32.72M
Cash, Cash Equivalents and Short-Term Investments	496.07K	1.25M	3.47M	12.30M	2.91M	3.09M
Total Debt	113.68K	465.27K	3.65M	78.00K	90.73K	63.89K
Total Liabilities	517.19K	1.36M	6.69M	1.40M	516.43K	1.64M
Stockholders Equity	25.10K	178.25K	6.10M	11.50M	2.49M	31.08M
Cash Flow
Free Cash Flow	-8.41M	-7.89M	-8.14M	-4.28M	-3.60M	-2.83M
Operating Cash Flow	-8.44M	-7.89M	-8.14M	-4.20M	-3.60M	-995.40K
Investing Cash Flow	1.62M	944.00K	2.08M	839.63K	44.76K	-1.83M
Financing Cash Flow	4.89M	4.83M	-620.55K	9.86M	3.42M	4.77M

Grid Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.14
• 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:GRDM, the sentiment is Positive. The current price of 0.14 is below the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.14, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.75 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GRDM.

Grid Metals 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%
SPC	53 Neutral	C$33.12M	-8.49	-150.61%	―	―	10.17%
NICO	50 Neutral	C$31.27M	-17.53	―	―	―	37.82%
GRDM	48 Neutral	C$33.79M	-20.42	-194.10%	―	―	78.09%
GIGA	48 Neutral	C$18.40M	-7.18	-11.32%	―	―	-17.47%
EVNI	47 Neutral	C$25.58M	-10.04	-58.79%	―	―	21.31%
TN	46 Neutral	C$47.16M	-58.06	-7.40%	―	―	74.27%

Grid Metals Corporate Events

Grid Metals Reports Significant High-Grade Cesium Discoveries at Falcon West

Grid Metals Corp. announced significant high-grade cesium assay results from its Falcon West cesium property, highlighting the discovery of a near-surface zone of pollucite-hosted cesium mineralization. The drilling program has identified some of the highest cesium intercepts globally, confirming the potential of the Lucy South target zone. With the cesium enrichment trend remaining open in multiple directions, the company plans to commence the second phase of drilling in January 2026, which could further enhance its positioning in the critical metals market.

Grid Metals Reports High-Grade Cesium Discoveries at Falcon West Project

Grid Metals Corp. has announced promising results from its 2025 cesium-focused drill program at the Falcon West Cesium property, located near Winnipeg, Manitoba. The initial drilling has revealed high-grade cesium mineralization, with some of the highest cesium grade-thickness intercepts recorded globally in recent years. The company’s efforts aim to establish Falcon West as a significant cesium project to support a North American supply chain, amidst a global shortfall of cesium feedstock for various strategic applications.

Grid Metals Reports High-Grade Cesium Discovery at Falcon West Project

Grid Metals Corp. has announced promising results from its 2025 cesium-focused drilling program at the Falcon West Cesium property in Manitoba. The initial drilling has revealed high-grade cesium mineralization, with some of the highest grade-thickness intercepts recorded globally in recent years. This development positions the Falcon West property as a significant geological target, potentially supporting a North American cesium supply chain amid a global shortfall in cesium feedstock. The company plans to complete approximately 70 drill holes to further delineate the cesium resource, which could have substantial implications for stakeholders and the cesium market.

Grid Metals Corp. Advances Exploration with New Drill Programs

Grid Metals Corp. has announced the commencement of a cesium-focused drill program at the Falcon West Cesium Project, targeting the Lucy cesium zone with plans for at least forty drill holes. This initiative marks a significant step in defining a discrete cesium zone, aligning with the growing demand for cesium in high-tech applications. Additionally, the Makwa Nickel/Copper Project, under a joint venture with Teck Resources, is set to begin exploration drilling at the Pavo Anomaly, where nickel sulfide mineralization has been discovered. These developments are expected to enhance Grid Metals’ positioning in the critical metals market and potentially impact stakeholders positively.

Grid Metals Completes C$4 Million Strategic Private Placement

Grid Metals Corp. has successfully closed the second tranche of its non-brokered private placement, raising a total of C$4,027,158. The funds will be used primarily for exploration at the Falcon West cesium project and other properties in Manitoba, targeting nickel, copper, and PGM. This strategic move is expected to bolster the company’s exploration activities and strengthen its market position in the mining sector.

Grid Metals Secures Strategic Investment to Boost Manitoba Exploration

Grid Metals Corp. has successfully closed the first tranche of a strategic private placement, raising C$1,680,000 through the issuance of 14 million common shares to a strategic investor. The funds will be used primarily for exploration at the Falcon West cesium project and other properties in Manitoba. The second tranche aims to raise additional funds through the issuance of common and charity flow-through shares, with proceeds earmarked for further exploration and corporate purposes. The private placement enhances Grid Metals’ financial position and supports its exploration activities in Manitoba, potentially strengthening its industry position and stakeholder value.

Grid Metals Secures $4 Million for Strategic Exploration Initiatives

Grid Metals Corp. has announced a strategic $4 million private placement to fund exploration activities, primarily at its Falcon West Cesium Property and other projects in Manitoba. The investment will be completed in two tranches, with proceeds used for exploration and general corporate purposes, enhancing the company’s potential to become a significant cesium supplier and strengthening its position in the mining industry.