Metalore Resources (MET) AI Stock Analysis

• Market Cap: C$4.73M
• Dividend Yield: N/A
• Average Volume (3M): 66.00
• Price to Earnings (P/E): 4.5
• Beta (1Y): 0.47
• Revenue Growth: 25.95%
• EPS Growth: N/A
• Country: CA
• Employees: 4
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.06
• Shares Outstanding: 1,775,035
• 10 Day Avg. Volume: 149
• 30 Day Avg. Volume: 66
• PEG Ratio: 0.11
• Price to Book (P/B): 0.80
• Price to Sales (P/S): 12.47
• P/FCF Ratio: 289.48
• 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: 64 Neutral
• Price Target: C$3.00 ▲(36.36% Upside)

The score is driven mainly by solid financial resilience (no debt and improved cash generation) but tempered by weak core operating profitability and declining revenue. Technicals show a strong uptrend, but extremely overbought momentum increases near-term risk. Valuation is supportive due to a low P/E.

Positive Factors

Low Financial Leverage

Zero reported debt and sizable equity materially reduce bankruptcy and refinancing risk for a cyclical E&P company. This structural strength gives management flexibility to fund exploration, survive commodity downturns, and pursue strategic opportunities without reliance on external debt markets.

Improved Cash Generation

Meaningfully stronger operating and free cash flow that aligns with net income improves earnings quality and internal funding capacity. Over the medium term this supports capital expenditure, working capital needs and optional shareholder returns without increasing leverage, enhancing resilience.

Positive TTM Net Income / ROE

A positive TTM net income and ROE signal the company can generate shareholder returns in the recent period. While operational consistency must be monitored, sustained bottom-line profitability can strengthen retained earnings and fund growth or strategic investments over months.

Negative Factors

Weak Core Operating Profitability

Persistent negative gross profit and negative EBIT/EBITDA indicate operations do not cover direct production and operating costs. Over the medium term this undermines scalable profitability, forces reliance on non-operating gains or cost cuts, and raises execution risk for sustainable earnings.

Revenue Decline

Declining trailing revenue reduces scale and weakens the company’s ability to absorb fixed costs and fund reinvestment. For an exploration & production business, shrinking top-line over several quarters can signal production, price or market-share pressure that impairs medium-term cash flow visibility.

Volatile Cash Conversion

A ~25% drop in free cash flow growth and inconsistent cash conversion history reduce predictability of internal funding for capex and operations. In capital-intensive E&P, volatile FCF constrains long-term reinvestment and increases the need for external financing or asset sales during downturns.

Metalore Resources Business Overview & Revenue Model

Company Description

Metalore Resources Limited, a junior resource company, engages in natural gas production and gold exploration in Canada. It owns and/or controls approximately 40,000 acres of petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company also distributes natural gas to approximately 150 commercial and residential customers through pipelines. In addition, it explores for gold, copper, zinc, lithium, PGE's, and diamonds. The company was formerly known as New Metalore Mining Company Limited and changed its name to Metalore Resources Limited in 1976. Metalore Resources Limited was incorporated in 1943 and is headquartered in Simcoe, Canada.

How the Company Makes Money

Metalore Resources generates revenue through the extraction and sale of oil and natural gas. The company's primary revenue stream comes from selling these resources to various downstream markets, including refineries and energy distribution companies. Additionally, Metalore Resources may engage in strategic partnerships and joint ventures to enhance its exploration capabilities and access new markets, thereby increasing its revenue potential. The company's earnings are influenced by market prices for oil and gas, operational efficiency, and the successful discovery and development of new reserves.

Metalore Resources Financial Statement Overview

Summary

Balance sheet strength (zero debt, sizable equity) and improved TTM operating/free cash flow support resilience. However, revenue is down (-4.8%) and core operations remain unprofitable (negative gross profit and negative EBIT/EBITDA margins), while the strong TTM net income appears volatile and potentially driven by non-operating items.

Income Statement

TTM (Trailing-Twelve-Months) revenue is down (-4.8%) and core profitability remains pressured, with negative gross profit and negative EBIT/EBITDA margins—suggesting the underlying business is still not consistently profitable on operations. The key positive is bottom-line profitability in the latest period (TTM net income is strongly positive with a high net margin), but the sharp gap versus operating losses points to earnings volatility and likely reliance on non-operating items, which reduces earnings quality and visibility.

Balance Sheet

The balance sheet is a clear strength: total debt is reported as zero and equity is sizable versus total assets, indicating low financial risk and high flexibility for a cyclical E&P business. Return on equity is positive in TTM, but it has been negative in several annual periods, highlighting that while leverage risk is minimal, profitability consistency is still a concern.

Cash Flow

Cash generation improved meaningfully in TTM, with solid operating cash flow and strong free cash flow that is close to reported net income, supporting the quality of recent earnings. However, free cash flow growth is negative (down ~25% in TTM), and prior periods show weaker conversion, pointing to potential volatility in cash generation and reinvestment needs.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	485.95K	455.51K	1.07M	402.84K	815.49K	657.13K
Gross Profit	-58.00K	-61.23K	268.21K	-203.07K	280.61K	-59.65K
EBITDA	-133.64K	-122.04K	-2.02M	-645.32K	2.53M	1.02M
Net Income	1.06M	1.09M	-1.76M	-860.55K	1.75M	657.14K
Balance Sheet
Total Assets	8.09M	8.37M	9.39M	7.28M	11.54M	9.15M
Cash, Cash Equivalents and Short-Term Investments	5.71M	5.12M	5.13M	5.09M	4.66M	4.64M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	853.16K	1.01M	2.20M	1.01M	2.52M	1.89M
Stockholders Equity	7.23M	7.36M	7.19M	6.27M	9.01M	7.26M
Cash Flow
Free Cash Flow	637.21K	53.05K	535.41K	17.35K	13.73K	3.01M
Operating Cash Flow	676.10K	108.68K	589.06K	85.30K	160.34K	3.11M
Investing Cash Flow	-1.01M	-3.87K	-1.53M	-123.39K	704.72K	-128.23K
Financing Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00

Metalore Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MET, the sentiment is Positive. The current price of 2.2 is below the 20-day moving average (MA) of 2.64, below the 50-day MA of 2.39, and below the 200-day MA of 2.35, indicating a bullish trend. The MACD of 0.12 indicates Positive momentum. The RSI at 54.44 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MET.

Metalore Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
MET	64 Neutral	C$4.73M	4.47	16.80%	―	25.95%	―
WCE	46 Neutral	C$2.68M	-3.13	-65.85%	―	-8.71%	-1376.92%
SQX	40 Underperform	C$3.10M	-5.68	―	―	―	-29.41%
TCF	39 Underperform	C$4.16M	―	-73.96%	―	―	―
PNN	27 Underperform	C$3.34M	-0.88	―	―	―	―
ALTU	27 Underperform	C$5.39M	-0.08	-274.20%	―	-36.75%	-275.73%