Minehub Technologies (MHUB) AI Stock Analysis

• Market Cap: C$88.31M
• Dividend Yield: N/A
• Average Volume (3M): 90.86K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.44
• Revenue Growth: -35.91%
• EPS Growth: 20.44%
• Country: CA
• Employees: 22
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.01
• Shares Outstanding: 101,502,380
• 10 Day Avg. Volume: 57,909
• 30 Day Avg. Volume: 90,858
• PEG Ratio: 0.19
• Price to Book (P/B): 19.56
• Price to Sales (P/S): 22.69
• P/FCF Ratio: -7.00
• 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: 42 Neutral
• Price Target: C$0.88 ▲(10.37% Upside)

The score is driven mainly by weak financial performance: very small/declining revenue, large ongoing losses, and significant cash burn. Technical indicators also lean bearish with the stock below key moving averages and a negative MACD, while valuation support is limited due to negative earnings and no dividend yield data.

Positive Factors

Revenue Model

The subscription-based revenue model provides a predictable and recurring income stream, enhancing financial stability and growth potential.

Partnerships

Partnerships with industry leaders can expand market reach and integrate Minehub's technology, driving long-term growth and competitive advantage.

Gross Profit Margin

Improved gross profit margins indicate better cost management and pricing power, supporting future profitability and operational efficiency.

Negative Factors

Profitability Challenges

Ongoing losses and negative net income highlight significant challenges in achieving profitability, impacting long-term financial health.

High Debt-to-Equity Ratio

A high debt-to-equity ratio suggests increased financial risk, potentially limiting the company's ability to invest in growth opportunities.

Negative Cash Flow

Negative cash flow reflects ongoing cash generation challenges, which can strain liquidity and hinder the company's ability to fund operations and growth.

Minehub Technologies Business Overview & Revenue Model

Company Description

Minehub Technologies Inc., a technology company, develops a platform for digital trade in the mining and metals supply chain built on blockchain technology. Its MineHub platform connects the parties which involved in physical commodities transactions in a digitally integrated workflow. The company was incorporated in 2018 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Minehub generates revenue primarily through subscription fees for its software services, which are charged to mining companies and related stakeholders seeking to utilize its platform. The revenue model includes tiered pricing structures based on the size of the client and the complexity of the services required. Additionally, the company earns income through transactional fees for each trade or transaction conducted on its platform, along with potential revenue from partnerships with industry players that integrate Minehub's technology into their operations. Strategic collaborations with major mining firms and technology partners further bolster its revenue streams, as these partnerships often include revenue-sharing agreements and joint ventures aimed at expanding market reach.

Minehub Technologies Financial Statement Overview

Summary

Minehub Technologies faces significant challenges in achieving profitability and financial stability. Despite revenue growth and improved gross profit margins, the company continues to incur losses, with a high debt-to-equity ratio adding financial risk. Cash flow remains a concern, with negative operating and free cash flows. The company needs to enhance operational efficiencies and strengthen its balance sheet to improve its financial standing.

Income Statement

Minehub Technologies has shown modest revenue growth, increasing from CAD 186,784 in 2023 to CAD 2,019,913 in 2025. However, the company consistently operates at a loss with negative EBIT and net income. The gross profit margin improved from negative in 2023 to positive in 2025, but the net profit margin remains deeply negative, reflecting ongoing profitability challenges.

Balance Sheet

The company's debt-to-equity ratio is high due to a relatively small equity base compared to its liabilities, indicating potential financial risk. Despite an increase in stockholders' equity from negative in 2021 to positive in 2025, the equity ratio remains low, suggesting limited financial stability. Return on equity is negative, detracting from shareholder value.

Cash Flow

Minehub's operating cash flow remains negative, and free cash flow is decreasing, reflecting ongoing cash generation challenges. The operating cash flow to net income ratio indicates inefficiencies in cash conversion. However, a decrease in net debt shows improved liquidity management over recent years.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.46M	2.02M	2.01M	186.78K	0.00	67.37K
Gross Profit	337.93K	857.86K	1.92M	-762.51K	0.00	287.00
EBITDA	-5.56M	-6.05M	-6.27M	-8.43M	-9.34M	-3.13M
Net Income	-5.71M	-6.24M	-6.48M	-8.53M	-9.65M	-3.25M
Balance Sheet
Total Assets	2.79M	3.77M	5.24M	1.58M	3.82M	845.10K
Cash, Cash Equivalents and Short-Term Investments	1.46M	2.44M	3.87M	1.15M	2.94M	456.18K
Total Debt	962.87K	757.13K	866.67K	842.35K	1.25M	1.90M
Total Liabilities	1.67M	1.43M	2.47M	1.63M	1.90M	2.79M
Stockholders Equity	1.12M	2.34M	2.77M	-50.28K	1.91M	-1.95M
Cash Flow
Free Cash Flow	-6.42M	-6.55M	-4.90M	-7.26M	-8.59M	-2.87M
Operating Cash Flow	-6.42M	-6.55M	-4.90M	-7.26M	-8.59M	-2.87M
Investing Cash Flow	4.57M	2.94M	351.39K	0.00	0.00	0.00
Financing Cash Flow	2.66M	2.96K	7.27M	5.47M	11.07M	3.29M

Minehub Technologies Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.80
• 50DMA: Negative
• 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:MHUB, the sentiment is Neutral. The current price of 0.8 is below the 20-day moving average (MA) of 0.84, below the 50-day MA of 0.92, and above the 200-day MA of 0.63, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.51 is Neutral, neither overbought nor oversold. The STOCH value of 50.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:MHUB.

Minehub Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KXS	78 Outperform	C$4.68B	96.79	8.24%	―	15.11%	75.40%
BLN	66 Neutral	C$602.06M	-66.67	-11.83%	―	20.78%	58.71%
TCS	65 Neutral	C$429.21M	79.69	8.14%	1.07%	7.00%	110.62%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
IMP	46 Neutral	C$120.58M	-40.38	-14.10%	―	48.18%	-401.19%
ABXX	45 Neutral	C$61.56M	-2.34	-147.54%	―	-34.80%	-28.42%
MHUB	42 Neutral	C$88.31M	-13.31	-584.49%	―	-35.91%	20.44%

Minehub Technologies Corporate Events

MineHub Technologies Completes Final Tranche of Private Placement

MineHub Technologies Inc. announced the closing of the final tranche of its private placement offering, raising a total of $7,210,500. The proceeds will be used for working capital and general corporate purposes, potentially strengthening the company’s operational capabilities and market positioning.

The most recent analyst rating on (TSE:MHUB) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Minehub Technologies stock, see the TSE:MHUB Stock Forecast page.

MineHub Technologies Completes First Tranche of Private Placement

MineHub Technologies Inc. has successfully closed the first tranche of its private placement offering, raising approximately $6.71 million through the issuance of 7,063,684 units. This offering, facilitated by ATB Securities Inc. and Haywood Securities Inc., is part of a broader strategy to bolster working capital and support general corporate purposes. The move underscores MineHub’s commitment to strengthening its financial position and enhancing its operational capabilities within the digital supply chain sector for commodities.

The most recent analyst rating on (TSE:MHUB) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Minehub Technologies stock, see the TSE:MHUB Stock Forecast page.

MineHub and Chinsay Partner to Enhance Commodity Trading Efficiency

MineHub Technologies has entered into a Memorandum of Understanding with Chinsay to deliver an integrated contract management and trade visibility solution for the physical commodities market. This partnership aims to streamline the contract-to-cash process by combining Chinsay’s contract lifecycle management with MineHub’s post-trade execution platform, enhancing compliance, reducing errors, and improving auditability for stakeholders.

The most recent analyst rating on (TSE:MHUB) stock is a Hold with a C$0.96 price target. To see the full list of analyst forecasts on Minehub Technologies stock, see the TSE:MHUB Stock Forecast page.

MineHub Technologies Adjusts Fiscal Year-End for Enhanced Alignment

MineHub Technologies Inc. has announced a change in its fiscal year-end from January 31 to December 31, effective December 31, 2025. This adjustment aims to better align the company’s financial reporting with industry peers and subsidiary obligations, potentially improving operational transparency and stakeholder confidence.

The most recent analyst rating on (TSE:MHUB) stock is a Hold with a C$0.96 price target. To see the full list of analyst forecasts on Minehub Technologies stock, see the TSE:MHUB Stock Forecast page.

MineHub Technologies Announces $5 Million Private Placement

MineHub Technologies has announced a $5 million brokered private placement agreement with ATB Capital Markets, aiming to issue 5,264,000 units at $0.95 per unit. The proceeds from this offering will be used for working capital and general corporate purposes, potentially impacting the company’s operational capabilities and market positioning by enhancing its financial resources.

The most recent analyst rating on (TSE:MHUB) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Minehub Technologies stock, see the TSE:MHUB Stock Forecast page.

MineHub Acquires Jules AI to Enhance Digital Supply Chain Platform

MineHub Technologies Inc. has completed the acquisition of Jules AI, a move that enhances its digital platform for handling primary and recycled materials. This acquisition is expected to modernize workflows and provide traders with advanced tools, potentially transforming the recycling industry by addressing inefficiencies and unlocking new opportunities.

The most recent analyst rating on (TSE:MHUB) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Minehub Technologies stock, see the TSE:MHUB Stock Forecast page.

MineHub Enhances Rail Tracking with Railinc Integration

MineHub Technologies Inc. has announced its integration with Railinc, the central data exchange for the North American rail industry, to enhance its rail shipment tracking capabilities. This partnership provides MineHub customers with unprecedented visibility and insights into their rail shipments, optimizing supply chain operations and reducing reliance on supplier-provided data. The integration is expected to improve operational efficiency, reduce costs, and support MineHub’s position in the industry by offering comprehensive tracking updates and a richer dataset for better-informed decision-making.

The most recent analyst rating on (TSE:MHUB) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Minehub Technologies stock, see the TSE:MHUB Stock Forecast page.

MineHub Technologies Launches Navigator for Enhanced Metals Supply Chain Visibility

MineHub Technologies has launched Navigator, a modular product offering real-time visibility for metals shipment data through a carrier-agnostic dashboard. This tool is designed to streamline workflows, enhance decision-making, and mitigate financial risks associated with supply chain delays in the metals market, particularly in the copper and aluminum sectors. Navigator aims to address global supply chain challenges by providing centralized tracking, collaboration tools, and audit-friendly workflows, reinforcing MineHub’s position as a key partner in supply chain digitization.

The most recent analyst rating on (TSE:MHUB) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Minehub Technologies stock, see the TSE:MHUB Stock Forecast page.

MineHub Expands European Presence with New Copper Manufacturer Agreement

MineHub Technologies has signed a commercial agreement with a prominent European copper manufacturer to use its Trade Management Platform, marking a significant step in its expansion into the European market. This collaboration aims to enhance the manufacturer’s operational efficiency and sustainability by digitizing key workflows, and it opens up further opportunities for MineHub in Europe’s metals and recycling sectors.

The most recent analyst rating on (TSE:MHUB) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Minehub Technologies stock, see the TSE:MHUB Stock Forecast page.

MineHub and Abaxx Advance Digital Integration for Commodity Markets

MineHub Technologies and Abaxx Technologies have completed the initial integration of Abaxx’s Verifier+ identity application with the MineHub platform. This integration is a significant step towards using Abaxx Private Digital Title for real-time title transfers of in-transit non-ferrous metal shipments, enhancing liquidity and capital efficiency in commodity markets. The collaboration aims to connect physical trade documentation with financial systems, enabling in-transit cargo to serve as real-time collateral. This initiative is part of a broader effort to modernize the relationship between physical assets and financial risk management, potentially unlocking significant market opportunities.

The most recent analyst rating on (TSE:MHUB) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Minehub Technologies stock, see the TSE:MHUB Stock Forecast page.