Metallis Resources (MTS) AI Stock Analysis

• Market Cap: C$15.34M
• Dividend Yield: N/A
• Average Volume (3M): 123.89K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.66
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: 5
• Sector: General
• Sector Strength: N/A
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 92,992,500
• 10 Day Avg. Volume: 63,311
• 30 Day Avg. Volume: 123,889
• PEG Ratio: -0.39
• Price to Book (P/B): 36.31
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -17.26
• 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: 45 Neutral
• Price Target: C$0.17 ▼(-12.63% Downside)
• Action: N/A Date: 01/04/26
• Date: Action: N/A 01/04/26

The score is primarily constrained by poor financial performance (pre-revenue, widening losses and negative free cash flow), reinforced by bearish technical signals (price below major moving averages and negative MACD). Valuation is neutral because negative earnings make P/E less informative and no dividend yield is available.

Metallis Resources Business Overview & Revenue Model

Company Description

Metallis Resources Inc. engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, copper, nickel, and silver deposits. It holds 100% interest in the Kirkham property that comprises 30 contiguous claims covering an area of approximately 10,610 hectares located in north-western British Columbia. The company was formerly known as Coltstar Ventures Inc. and changed its name to Metallis Resources Inc. in July 2013. Metallis Resources Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Metallis Resources does not operate producing mines, so it does not generate recurring revenue from mineral sales. null

Metallis Resources Financial Statement Overview

Summary

Income statement and cash flow are very weak (no revenue, widening TTM net loss, and continued cash burn with negative operating/free cash flow). The main offset is a currently modest leverage position on the balance sheet (low debt-to-equity), but ongoing losses raise durability/dilution risk.

Income Statement

TTM (Trailing-Twelve-Months) results show no revenue and continued operating losses, with net income at -1,695,398 versus -1,041,144 in 2024 (losses widening). Profitability remains structurally weak given negative gross profit and negative EBIT/EBITDA across the full history provided. A modest positive is that the company’s loss profile has at times improved year-to-year (e.g., 2023 vs. 2022), but the latest TTM trend is clearly deteriorating.

Balance Sheet

Leverage looks manageable in the latest period, with TTM (Trailing-Twelve-Months) debt-to-equity at ~0.19 and total debt of 99,152 against equity of 533,223. However, profitability pressure is translating into weak returns on equity (TTM return on equity is deeply negative), and the balance sheet has shown volatility historically (including negative equity in 2023). Overall, the capital structure is not heavily debt-funded today, but ongoing losses are a key risk to balance-sheet durability.

Cash Flow

Cash generation is weak: TTM (Trailing-Twelve-Months) operating cash flow is -1,755,606 and free cash flow is -1,755,614, implying continued cash burn. While free cash flow growth is shown as strongly positive in the TTM data, the absolute level remains meaningfully negative, and cash flow continues to track net losses closely (free cash flow to net income ~1.0), indicating limited non-cash buffering. The main strength is that cash burn has fluctuated and can improve year-to-year, but the latest TTM burn rate is higher than 2024.

Breakdown	TTM	Mar 2025	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	-17.96K	-18.63K	-19.36K	-21.04K	-22.89K	-22.70K
EBITDA	-1.67M	-1.01M	-606.98K	-2.19M	-1.62M	-533.26K
Net Income	-1.70M	-1.04M	-660.83K	-736.35K	-1.65M	-561.81K
Balance Sheet
Total Assets	869.22K	557.97K	109.57K	15.01M	13.77M	11.52M
Cash, Cash Equivalents and Short-Term Investments	724.23K	518.30K	35.82K	578.52K	800.79K	2.30M
Total Debt	99.15K	20.50K	57.89K	91.11K	19.92K	57.45K
Total Liabilities	335.99K	91.29K	195.50K	258.82K	68.23K	326.42K
Stockholders Equity	533.22K	466.69K	-85.93K	14.75M	13.70M	11.19M
Cash Flow
Free Cash Flow	-1.76M	-981.63K	-621.52K	-2.08M	-5.36M	-3.39M
Operating Cash Flow	-1.76M	-981.63K	-610.30K	-708.85K	-1.27M	-856.92K
Investing Cash Flow	28.55K	20.59K	119.31K	-1.16M	-3.99M	-1.67M
Financing Cash Flow	2.40M	1.44M	-40.50K	1.65M	3.77M	3.23M

Metallis Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EPL	62 Neutral	C$22.41M	4.16	3.69%	―	18.73%	-91.64%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TGOL	51 Neutral	C$37.89M	66.13	-6.11%	―	―	6.45%
AUME	50 Neutral	C$18.26M	-3.38	―	―	―	―
MTS	45 Neutral	C$15.34M	-7.52	-92.01%	―	―	―
GGI	43 Neutral	C$17.48M	-21.60	-110.71%	―	―	-2850.00%

Metallis Resources Corporate Events

Metallis Clarifies Finder Fees on $1.26 Million Private Placement

Metallis Resources Inc. has clarified that, in connection with its recently closed $1,262,000 private placement financing, it paid aggregate cash finders’ fees of $7,280 to eligible intermediaries. All other terms of the financing remain unchanged, and the placement is still subject to final acceptance by the TSX Venture Exchange, a step that will formalize the company’s strengthened capital position for advancing its exploration projects.

The most recent analyst rating on (TSE:MTS) stock is a Sell with a C$0.19 price target. To see the full list of analyst forecasts on Metallis Resources stock, see the TSE:MTS Stock Forecast page.

Metallis Resources Raises $1.26 Million and Names New Exploration Chief

Metallis Resources has closed a $1.26 million non-brokered private placement, issuing 4,762,500 non-flow-through units and 2,500,000 flow-through shares to fund exploration and corporate purposes. Flow-through proceeds will support qualifying work at the Kirkham Property, while non-flow-through funds will advance exploration at both Greyhound and Kirkham, strengthening the company’s ability to progress its key projects.

As part of a broader corporate update, the company appointed veteran geoscientist Dave Nuttall as Vice-President of Exploration, bringing extensive discovery and project-advancement experience across multiple deposit types in Canada and the U.S. His appointment is expected to sharpen exploration targeting and enhance the discovery potential at Metallis’ core British Columbia assets, as the firm transitions leadership from long-serving VP Exploration Dave Dupré.

The most recent analyst rating on (TSE:MTS) stock is a Sell with a C$0.19 price target. To see the full list of analyst forecasts on Metallis Resources stock, see the TSE:MTS Stock Forecast page.

Metallis Upsizes Private Placement to $1.25 Million on Strong Demand

Metallis Resources has upsized its previously announced non-brokered private placement to $1.25 million in response to strong investor demand. The financing now comprises up to 4.6875 million non-flow-through units at $0.16 each, and up to 2.5 million flow-through shares at $0.20, with each unit including a three-year warrant exercisable at $0.26.

The flow-through component will be directed toward qualifying Canadian exploration expenses, reinforcing Metallis’s funding for exploration at its projects. The placement, which remains subject to regulatory approvals and a standard hold period, signals continuing market support for the company’s exploration strategy and ongoing work in key North American mining jurisdictions.

The most recent analyst rating on (TSE:MTS) stock is a Sell with a C$0.19 price target. To see the full list of analyst forecasts on Metallis Resources stock, see the TSE:MTS Stock Forecast page.

Metallis Resources Plans $1.1 Million Financing to Restart Kirkham Exploration

Metallis Resources has launched a non-brokered private placement of up to $1.1 million, combining non-flow-through units with warrants and flow-through shares earmarked for Canadian exploration expenses. Proceeds will fund work across its Kirkham and Greyhound properties, subject to regulatory approvals and TSXV acceptance.

The company plans a renewed 2026 field program at Kirkham after previously prioritizing Greyhound, driven by improved market conditions and stronger gold and copper prices. Detailed mapping, geochemical sampling, trenching, geophysical surveys and data reinterpretation are aimed at advancing multiple gold-copper targets at Kirkham, while a VLF geophysical survey at Greyhound will refine structural targets ahead of potential trenching and drilling, potentially strengthening Metallis’s exploration pipeline in the Golden Triangle and Nunavut.

The most recent analyst rating on (TSE:MTS) stock is a Sell with a C$0.19 price target. To see the full list of analyst forecasts on Metallis Resources stock, see the TSE:MTS Stock Forecast page.

Metallis Plans Expanded 2026 Drilling to Advance High-Grade Greyhound Silver-Gold Project

Metallis Resources has outlined an expanded 2026 exploration program at its Greyhound Property in Idaho after completing the project’s first drill campaign and additional surface sampling. The Greyhound shear remains largely untested, but recent work, including a rock sample grading 2,882 g/t silver equivalent from the Republican Showing, underscores the property’s high-grade potential and existing infrastructure advantages.

Drilling at the Birdie target did not yield significant mineralization in the secondary shear structure, but it improved the company’s understanding of structural controls and post-mineral intrusions across the project. Metallis is now planning more extensive drilling, including step-out and deeper holes at the 1350 Zone and other high-priority targets, as it evaluates development pathways that could shorten the transition from exploration toward potential extraction in a favourable silver price environment.

The most recent analyst rating on (TSE:MTS) stock is a Sell with a C$0.19 price target. To see the full list of analyst forecasts on Metallis Resources stock, see the TSE:MTS Stock Forecast page.

Metallis Deepens Technical Bench and Boosts Marketing Around Idaho Greyhound Project

Metallis Resources has expanded the role of long-standing director Dr. David Webb by appointing him as Technical Advisor to lead the technical advancement of its Greyhound Property in Idaho, capitalizing on his more than 30 years of experience in structurally controlled vein-style gold and polymetallic mineralization and his track record of major discoveries and project development in Canada. The company has also bolstered its investor and market outreach by participating in an in-depth interview with Goldfinger Capital discussing Greyhound’s recent drilling and 2026 plans, and by engaging well-known precious metals commentator Robert M. Sinn on a six‑month communications mandate, moves that together aim to strengthen both the technical execution and capital markets profile of the Greyhound project within the junior mining sector.