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Nano One Materials Corp (TSE:NANO)
TSX:NANO

Nano One Materials (NANO) AI Stock Analysis

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TSE:NANO

Nano One Materials

(TSX:NANO)

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Neutral 45 (OpenAI - 4o)
Rating:45Neutral
Price Target:
Nano One Materials faces notable financial challenges due to lack of revenue and ongoing losses, weighing heavily on its overall score. However, recent corporate events have positively influenced its financial stability, providing necessary funding and strategic partnerships for growth. Technical indicators and valuation show mixed signals, indicating cautious optimism. The overall score reflects the balance between current financial difficulties and the potential for future improvement driven by strategic initiatives.

Nano One Materials (NANO) vs. iShares MSCI Canada ETF (EWC)

Nano One Materials Business Overview & Revenue Model

Company DescriptionNano 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 technology and advanced materials sectors, focusing on enhancing the performance, cost-effectiveness, and sustainability of battery materials. Nano One's core technology offers a patented process for manufacturing cathode materials that are used in electric vehicles, energy storage systems, and consumer electronics.
How the Company Makes MoneyNano One Materials makes money primarily through the commercialization and licensing of its proprietary technology and processes for producing advanced cathode materials. The company generates revenue by partnering with major manufacturers in the battery and automotive industries, providing them with cutting-edge solutions to enhance the performance and longevity of lithium-ion batteries. Additionally, Nano One secures income through strategic collaborations and joint ventures, as well as research and development grants aimed at further refining and scaling its technology for mass production. The company's focus on cost-effective and environmentally sustainable solutions positions it well in the growing market for electric vehicles and renewable energy storage.

Nano One Materials Financial Statement Overview

Summary
Income Statement
10
Very Negative
Balance Sheet
40
Negative
Cash Flow
15
Very 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

Technical Analysis Sentiment
Negative
Last Price1.24
Price Trends
50DMA
1.51
Negative
100DMA
1.31
Negative
200DMA
1.01
Positive
Market Momentum
MACD
-0.11
Positive
RSI
33.15
Neutral
STOCH
27.17
Neutral
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 below the 20-day moving average (MA) of 1.32, below the 50-day MA of 1.51, and above the 200-day MA of 1.01, indicating a neutral trend. The MACD of -0.11 indicates Positive momentum. The RSI at 33.15 is Neutral, neither overbought nor oversold. The STOCH value of 27.17 is Neutral, 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

Overall Rating
UnderperformOutperform
Sector (―)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
57
Neutral
C$16.78M-11.85-61.05%-15.84%-375.96%
53
Neutral
C$121.63M-23.80-2.95%3.12%5.06%93.02%
52
Neutral
C$196.68M-20.84-92.59%6.29%-3.71%
49
Neutral
C$232.95M-206.74-2.11%30.76%52.23%
45
Neutral
C$126.74M-8.66-64.59%56.03%
28
Underperform
C$6.22M-181.8291.27%
* Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:NANO
Nano One Materials
1.09
0.17
18.48%
TSE:BOS
Airboss of America
4.48
0.85
23.42%
TSE:CNO
California Nanotechnologies
0.34
-0.50
-59.52%
TSE:ECO
EcoSynthetix
3.99
-0.13
-3.16%
TSE:GMG
Graphene Manufacturing Group Ltd
1.69
1.04
160.00%
TSE:SURE
SureNano Science Ltd
0.20
0.16
400.00%

Nano One Materials Corporate Events

Shareholder MeetingsBusiness Operations and Strategy
Nano One Announces 2025 Annual General Meeting and Strategic Engagement Initiatives
Neutral
Apr 24, 2025

Nano One Materials Corp. announced its 2025 Annual General Meeting of Shareholders, scheduled for May 23, 2025. The meeting will include a corporate presentation and Q&A session, accessible via Zoom. This announcement highlights Nano One’s commitment to engaging with shareholders and stakeholders, reflecting its strategic focus on innovation and collaboration in the battery materials industry.

Spark’s Take on TSE:NANO Stock

According to Spark, TipRanks’ AI Analyst, TSE:NANO is a Neutral.

Nano One Materials faces notable financial challenges due to lack of revenue and ongoing losses, weighing heavily on its overall score. However, recent corporate events have positively influenced its financial stability, providing necessary funding and strategic partnerships for growth. Technical indicators and valuation show mixed signals, indicating cautious optimism. The overall score reflects the balance between current financial difficulties and the potential for future improvement driven by strategic initiatives.

To see Spark’s full report on TSE:NANO stock, click here.

Private Placements and FinancingBusiness Operations and StrategyFinancial Disclosures
Nano One Strengthens Financial Position with Government Funding and Strategic Initiatives
Positive
Mar 26, 2025

Nano One Materials Corp. reported its Q4 2024 financial results, highlighting a strong financial position with total net assets of $21.4 million and additional non-dilutive funding of $26.5 million received in Q1 2025. The company has secured significant funding from the Government of Québec, including an $18 million package to support the piloting and commercialization of its One-Pot process and expand production capacity at its Candiac Facility. The strategic alliance with Worley Chemetics has demonstrated the economic advantages of Nano One’s process, and a sale and leaseback transaction has bolstered the company’s cash balance, ensuring long-term operational stability.

Private Placements and FinancingBusiness Operations and Strategy
Nano One Secures C$12.75 Million for LFP Commercialization
Positive
Mar 20, 2025

Nano One Materials Corp. has received C$12.75 million in non-dilutive cash contributions from various government programs, supporting its lithium-iron-phosphate (LFP) commercialization initiatives. This funding strengthens the company’s financial position, enabling it to advance its capacity expansion, production, and licensing plans through 2025. The funds, part of a larger C$45 million government award, underscore the strategic importance of Nano One’s One-Pot process for energy and supply chain security, adding shareholder value and supporting the company’s corporate objectives. The contributions also bolster engineering feasibility efforts for Nano One’s design-one-build-many licensing growth strategy.

Executive/Board ChangesBusiness Operations and Strategy
Nano One Announces Leadership Transition in Technology Team
Neutral
Mar 6, 2025

Nano One Materials Corp. has announced changes in its senior technology leadership, with Dr. Stephen Campbell retiring as Chief Technology Officer and transitioning to a part-time role managing the company’s intellectual property. Dr. Guoxian Liang, with a long history at Nano One, has been appointed as the Senior VP of Technology, tasked with leading research and development, process innovation, and commercialization readiness. This leadership transition is expected to support Nano One’s strategic positioning in the lithium-ion battery industry, particularly in North America and Europe, leveraging their decade-long head start in innovative technology.

Private Placements and FinancingBusiness Operations and Strategy
Nano One Strengthens Financial Position with Candiac Sale-Leaseback
Positive
Mar 3, 2025

Nano One Materials Corp. has completed the sale and leaseback of its Candiac building and property, generating estimated net proceeds of C$15.7 million. This transaction strengthens the company’s financial position, ensuring operational continuity and supporting its strategic vision for expansion, including leveraging over C$40 million in government funding to increase its production capacity of LFP cathode materials.

Private Placements and FinancingBusiness Operations and Strategy
Nano One Secures C$15.7 Million Through Candiac Property Sale-Leaseback
Positive
Feb 26, 2025

Nano One Materials Corp. has entered into a definitive agreement to sell and lease back its Candiac building and property in Québec, securing estimated net proceeds of C$15.7 million. This transaction strengthens the company’s cash balance and ensures long-term operational stability with a 15-year lease agreement, supporting capacity expansion at Candiac to over 1000tpa of LFP cathode production.

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.Date of analysis: Apr 23, 2025