Nano One Materials Corp (TSE:NANO)
TSX:NANO
Want to see TSE:NANO full AI Analyst Report?
Top Page
Nano One Materials
(TSX:NANO)
Select Model
Select Model
Rating:46Neutral
Price Target:
C$0.95
▼(-23.31% Downside)
Action:Reiterated
Date:05/16/26
The score is primarily held down by weak financial performance (no revenue, ongoing losses, and negative operating/free cash flow) alongside a recent step-up in leverage. Technical indicators are modestly supportive (neutral RSI, positive MACD, and price above shorter-term averages), but valuation remains less compelling given negative earnings and no dividend yield.
Nano One Materials (NANO) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$108.90M
Dividend YieldN/A
Average Volume (3M)257.90K
Price to Earnings (P/E)―
Beta (1Y)1.17
Revenue GrowthN/A
EPS Growth12.74%
CountryCA
Employees104
SectorN/A
Sector StrengthN/A
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)-0.01
Shares Outstanding119,673,820
10 Day Avg. Volume396,275
30 Day Avg. Volume257,904
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)5.34
Price to Sales (P/S)0.00
P/FCF Ratio-9.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$2.75Price Target Upside121.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nano One Materials Business Overview & Revenue Model
Company Description
Nano One Materials Corp (NANO) is a Canadian technology company specializing in the development of innovative processes for the production of high-performance cathode materials used in lithium-ion batteries. The company operates in the clean techn...
How the Company Makes Money
Nano One’s business model is primarily technology- and IP-driven, with monetization expected to come from commercial adoption of its cathode-material manufacturing process by industry partners and customers. The company seeks to generate revenue t...
Nano One Materials Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
22
Negative
| Breakdown |
|---|
Income Statement |
| Total Revenue |
| Gross Profit |
| EBITDA |
| Net Income |
Balance Sheet |
| Total Assets |
| Cash, Cash Equivalents and Short-Term Investments |
| Total Debt |
| Total Liabilities |
| Stockholders Equity |
Cash Flow |
| Free Cash Flow |
| Operating Cash Flow |
| Investing Cash Flow |
| Financing Cash Flow |
Nano One Materials Technical Analysis
Negative
1.24
Price Trends
0.93
Negative
0.96
Negative
1.14
Negative
Market Momentum
>-0.01
Positive
44.65
Neutral
12.45
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NANO, the sentiment is Negative. The current price of 1.24 is above the 20-day moving average (MA) of 0.95, above the 50-day MA of 0.93, and above the 200-day MA of 1.14, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.65 is Neutral, neither overbought nor oversold. The STOCH value of 12.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NANO.
Nano One Materials Peers Comparison
UnderperformOutperform
Sector (―)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | ― | ― | ― | ― | ― | ― | |
62 Neutral | C$190.71M | 19.12 | -5.18% | 3.12% | 4.94% | 60.87% | |
55 Neutral | C$330.56M | -3.44 | -414.40% | ― | 20.86% | -224.67% | |
49 Neutral | C$195.96M | -58.45 | -1.06% | ― | 14.06% | 70.37% | |
46 Neutral | C$108.90M | -29.13 | -69.66% | ― | ― | 12.74% | |
45 Neutral | C$6.78M | -6.54 | ― | ― | ― | 10.57% | |
42 Neutral | C$11.97M | -2.61 | -86.94% | ― | -48.43% | -757.33% |
* Sector Average
TSE:NANO
Nano One Materials
0.91
0.27
42.19%
TSE:BOS
Airboss of America
7.02
2.88
69.61%
TSE:CNO
California Nanotechnologies
0.25
-0.35
-58.33%
TSE:ECO
EcoSynthetix
3.33
-0.59
-15.05%
TSE:GMG
Graphene Manufacturing Group Ltd
2.65
2.04
334.43%
TSE:SURE
SureNano Science Ltd
0.20
0.13
185.71%
Nano One Materials Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Nano One Wins Added C$4.3 Million in Federal Support to Scale Battery Materials Production
Positive
Apr 8, 2026
Nano One Materials has secured an additional C$4.3 million non‑repayable contribution from Natural Resources Canada’s Energy Innovation Program, bringing total NRCan support for its current project to C$9.3 million. The new funds will ...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Nano One Targets 2026 LFP Deals as Candiac Plant Ramps and Balance Sheet Strengthens
Positive
Mar 26, 2026
Nano One Materials is sharpening its commercialization push for its One-Pot LFP cathode technology, aiming to serve defence and energy-storage customers and license its process to global cathode producers. The company’s Candiac, Québec ...
Business Operations and Strategy
Nano One Advances Candiac LFP Capacity Expansion Toward 2027 Start‑Up
Positive
Mar 17, 2026
Nano One Materials is advancing detailed engineering and equipment procurement for an 800‑tonne‑per‑year expansion of lithium iron phosphate production at its Candiac, Quebec facility, with completion of engineering targeted for ...
Business Operations and StrategyPrivate Placements and Financing
Nano One Wins $3 Million NRCan Grant to Advance LFP Cathode Supply Chain
Positive
Mar 3, 2026
Nano One Materials has secured $3 million in funding from Natural Resources Canada’s Energy Innovation Program to advance its One-Pot lithium iron phosphate cathode technology, with work running to March 2028. The program targets process opt...
Business Operations and Strategy
Nano One Targets 2026 Milestones as LFP Demand and North American Supply Chains Expand
Positive
Feb 18, 2026
Nano One outlined its 2026 strategic priorities as demand builds for its One-Pot LFP cathode technology across defence, energy storage and cost-sensitive EV markets, amid a global shift toward LFP chemistries and regionalized supply chains in Nort...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.