Myriad Uranium Corp (M) AI Stock Analysis

• Market Cap: C$64.18M
• Dividend Yield: N/A
• Average Volume (3M): 759.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.18
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.03
• Shares Outstanding: 105,215,750
• 10 Day Avg. Volume: 1,454,976
• 30 Day Avg. Volume: 759,127
• PEG Ratio: -0.05
• Price to Book (P/B): 3.91
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.79
• 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: 49 Neutral
• Price Target: C$0.63 ▲(30.63% Upside)
• Action: Reiterated Date: 02/27/26
• Date: Action: Reiterated 02/27/26

The score is held down primarily by weak financial performance (no revenue, widening losses, and accelerating cash burn), despite the benefit of no debt. Technicals are constructive with strong momentum above key moving averages, but valuation is constrained by ongoing losses and no dividend support.

Positive Factors

Debt-free balance sheet

A debt-free capital structure materially reduces bankruptcy and interest-rate risk for an exploration company. Over the next several months this flexibility preserves optionality to fund drilling or wait for favorable financing, supporting continuity of operations without fixed debt servicing burdens.

Larger equity base

A meaningful increase in shareholders' equity strengthens the company's ability to finance exploration programs internally or via staged capital raises, reducing near-term dilution pressure. A larger capital base supports multi‑month drilling plans and maintains negotiating leverage with partners.

Focused uranium exploration model

A clear, specialized business model centered on uranium exploration creates repeatable workflows (surveys, sampling, drilling) and domain expertise. Over a multi‑month horizon this focus helps prioritize capital allocation, project progression, and partnerships within a defined commodity cycle.

Negative Factors

No revenue and widening losses

The company generates no operating revenue and reported materially wider net losses, indicating exploration spending has increased without any offsetting cash inflows. Persistently negative earnings reduce runway and increase the likelihood of capital raises that dilute existing holders or slow project timelines.

Accelerating negative cash flow

Substantial and worsening operating and free cash outflows create structural funding needs. Over several months this accelerates dependency on external financing, raises execution risk for planned drilling programs, and constrains the firm's ability to follow through on multi‑stage project development.

Deeply negative returns on equity

Negative ROE signals that deployed capital is destroying value rather than generating returns, which undermines investor confidence and increases the company’s cost of capital. If losses persist, the balance sheet and ability to attract patient capital will be increasingly pressured over the medium term.

Myriad Uranium Corp Business Overview & Revenue Model

Company Description

Myriad Uranium Corp. operates as a mineral exploration company in the United States. the company primarily explores for uranium. It holds an option agreement to acquire a 75% interest in the Copper Mountain project covering an area of 9,320 acres located in Wyoming. The company also has an option to acquire the Red Basin Uranium Property which covers an area of approximately 1,776 acres located in New Mexico, the United States. The company was formerly known as Myriad Metals Corp. and changed its name to Myriad Uranium Corp. in December 2022. Myriad Uranium Corp. was incorporated in 2018 and is based in Vancouver, Canada.

How the Company Makes Money

Myriad Uranium Corp Financial Statement Overview

Summary

Income statement and cash flow are very weak: no revenue reported across periods, losses widened materially in the latest year, and operating/free cash flow remain negative with accelerating cash burn. The main offset is a debt-free balance sheet and higher equity base, but ongoing losses and cash burn elevate funding and execution risk.

Income Statement

The company reports no revenue across all provided annual periods, while losses have widened sharply in the most recent year (net loss of ~8.5M vs ~3.7M prior year). Profitability is consistently negative and the latest step-up in operating losses suggests higher spending without an offsetting increase in revenue, which materially weakens earnings quality and visibility.

Balance Sheet

The balance sheet shows no reported debt, which lowers financial risk and provides flexibility. Equity increased to ~3.7M in the latest year (from ~0.6M the year before), supporting a stronger capital base; however, returns on equity are deeply negative due to ongoing losses, indicating the equity is not currently generating economic returns and could be pressured if cash burn continues.

Cash Flow

Cash generation is weak, with operating cash flow and free cash flow negative every year and a significant deterioration in the latest period (operating cash flow about -7.2M; free cash flow about -8.0M). While free cash flow is roughly in line with net losses (suggesting losses are largely cash-based rather than accounting-only), the magnitude and acceleration of cash burn increase funding risk absent new capital.

Breakdown	Jul 2025	Jul 2024	Jul 2022	Jul 2021	Jul 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00
EBITDA	-6.91M	-2.19M	-1.34M	-204.38K	-269.97K
Net Income	-8.45M	-3.68M	-1.50M	-450.91K	-266.75K
Balance Sheet
Total Assets	4.00M	763.56K	2.69M	1.36M	1.67M
Cash, Cash Equivalents and Short-Term Investments	1.54M	324.43K	978.75K	1.31M	1.49M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	321.60K	196.24K	42.44K	28.06K	9.26K
Stockholders Equity	3.68M	567.32K	2.65M	1.34M	1.66M
Cash Flow
Free Cash Flow	-8.03M	-1.91M	-988.08K	-209.18K	-200.84K
Operating Cash Flow	-7.19M	-1.68M	-988.08K	-209.18K	-200.84K
Investing Cash Flow	-1.12M	-228.22K	0.00	34.00K	-37.42K
Financing Cash Flow	9.53M	1.26M	652.89K	2.45K	1.42M

Myriad Uranium Corp 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%
SYH	52 Neutral	C$118.77M	-5,600.00	2.21%	―	―	―
M	49 Neutral	C$64.18M	-6.09	-211.50%	―	―	―
EMET	46 Neutral	C$37.08M	-34.38	-8.52%	―	―	-1233.33%