Minehub Technologies (MHUB) AI Stock Analysis

• Market Cap: C$88.87M
• Dividend Yield: N/A
• Average Volume (3M): 90.86K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.18
• Revenue Growth: -40.52%
• EPS Growth: 10.04%
• Country: CA
• Employees: 22
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.01
• Shares Outstanding: 90,681,290
• 10 Day Avg. Volume: 57,909
• 30 Day Avg. Volume: 90,858
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: C$1.00 ▲(8.70% Upside)

The overall stock score is primarily influenced by the company's weak financial performance, characterized by ongoing losses and cash flow challenges. While technical analysis indicates a positive trend, the negative P/E ratio and lack of dividend yield highlight valuation concerns. The absence of earnings call data and corporate events limits additional insights.

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

Despite revenue growth and improved gross profit margins, Minehub Technologies faces significant challenges with ongoing losses, a high debt-to-equity ratio, and negative cash flows. These factors indicate financial instability and require improvement in operational efficiencies and balance sheet strength.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	2.02M	2.01M	186.78K	0.00	67.37K
Gross Profit	857.86K	1.92M	-762.51K	0.00	287.00
EBITDA	-6.05M	-6.27M	-8.43M	-9.34M	-3.13M
Net Income	-6.24M	-6.48M	-8.53M	-9.65M	-3.25M
Balance Sheet
Total Assets	3.77M	5.24M	1.58M	3.82M	845.10K
Cash, Cash Equivalents and Short-Term Investments	2.44M	3.87M	1.15M	2.94M	456.18K
Total Debt	757.13K	866.67K	842.35K	1.25M	1.90M
Total Liabilities	1.43M	2.47M	1.63M	1.90M	2.79M
Stockholders Equity	2.34M	2.77M	-50.28K	1.91M	-1.95M
Cash Flow
Free Cash Flow	-6.55M	-4.90M	-7.26M	-8.59M	-2.87M
Operating Cash Flow	-6.55M	-4.90M	-7.26M	-8.59M	-2.87M
Investing Cash Flow	2.94M	351.39K	0.00	0.00	0.00
Financing Cash Flow	2.96K	7.27M	5.47M	11.07M	3.29M

Minehub Technologies Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.92
• 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:MHUB, the sentiment is Positive. The current price of 0.92 is above the 20-day moving average (MA) of 0.77, above the 50-day MA of 0.69, and above the 200-day MA of 0.56, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 60.81 is Neutral, neither overbought nor oversold. The STOCH value of 39.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MHUB.

Minehub Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
QIS	―	C$58.18M	39.30	5.05%	―	0.10%	-18.29%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
XTRA	―	C$169.78M	-13.40	-96.34%	―	-15.31%	2.93%
MHUB	―	C$88.87M	-12.71	-892.25%	―	-40.52%	10.04%
ABXX	―	C$61.56M	-2.36	-128.45%	―	40.92%	-27.42%
VXTR	―	C$3.89M	-0.11	―	―	-47.00%	-22.30%

Minehub Technologies Corporate Events

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.

MineHub Expands into Scrap Metals Market with Jules AI Acquisition

MineHub Technologies has announced the acquisition of Jules AI, a company specializing in AI-driven automation for the recycling and scrap metals market. This strategic move positions MineHub to tap into the growing US$1 trillion scrap metals sector, integrating Jules AI’s platform to offer a comprehensive digital solution across primary and recycled metals supply chains. The acquisition is expected to enhance MineHub’s market positioning by providing direct exposure to key markets and enabling full-stack AI integration to optimize trade workflows.

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.

MineHub Expands into Iron Ore with New Digital Solution

MineHub Technologies has partnered with a Singapore-based company to develop an integrated digital solution for the iron ore market, aiming to enhance operational efficiency, risk management, and financing opportunities. This strategic expansion into iron ore positions MineHub as a central hub for digitizing trade execution in critical commodities, complementing its existing activities in base metals and concentrates. The collaboration is expected to modernize the iron ore supply chain, unlocking value through real-time data-sharing, automation, and improved financing processes, thereby broadening MineHub’s market reach and creating new revenue streams.

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.

MineHub and Abaxx Collaborate to Enhance Digital Commodity Markets

MineHub Technologies and Abaxx Technologies are collaborating to expand Abaxx’s Private Digital Title to in-transit shipments as mobilized collateral across commodity markets. This collaboration leverages MineHub’s post-trade platform and logistics tracking capabilities, potentially enhancing operational efficiencies and market positioning for both companies in the digital and commodity markets.

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.

MineHub and Abaxx Launch Initiative to Modernize Commodity Collateralization

MineHub Technologies and Abaxx Technologies have announced a joint initiative to explore the use of Abaxx’s Private Digital Title for in-transit shipments of non-ferrous metals like copper and aluminum. This collaboration aims to modernize collateralization and increase capital efficiency across commodity markets by combining MineHub’s logistics tracking capabilities with Abaxx’s secure digital title solutions. The initiative is expected to revolutionize how non-ferrous metals are traded and financed, enhancing efficiency, transparency, and trust in the industry.

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.

MineHub and Surecomp Unveil Integrated Trade Finance Solution

MineHub Technologies Inc. has launched an integrated trade financing solution in partnership with Surecomp, aimed at bridging the $2.5 trillion trade finance gap in the global commodities market. This collaboration offers end-to-end automation of trade execution and financing, reducing inefficiencies and compliance costs, and accelerating working capital for miners, traders, and financiers. The integration is expected to deliver immediate value by digitizing workflows, reducing letter of credit processing times, and supporting ESG-compliant audit trails, ultimately addressing significant pain points in the trade finance industry.

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.