North Arrow Minerals (NAR) AI Stock Analysis

• Market Cap: C$4.29M
• Dividend Yield: N/A
• Average Volume (3M): 46.66K
• Price to Earnings (P/E): 12.7
• Beta (1Y): 0.30
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 73
• Industry: Other Precious Metals
• EPS (TTM): 0.01
• Shares Outstanding: 28,580,223
• 10 Day Avg. Volume: 83,158
• 30 Day Avg. Volume: 46,663
• PEG Ratio: -0.16
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.91
• 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

• Rating: 48 Neutral
• Price Target: ―

North Arrow Minerals has a challenging financial outlook with no revenue and persistent losses, impacting its overall score significantly. While technical indicators show positive momentum, the stock is overbought, warranting caution. The company's strategic corporate actions may enhance future exploration success, but current financial instability and moderate valuation limit its appeal. The overall score reflects the balance of these factors, with significant weight given to financial performance and corporate events.

North Arrow Minerals Business Overview & Revenue Model

Company Description

North Arrow Minerals Inc. engages in the acquisition and exploration of diamond properties in Canada. The company's principal properties include Naujaat and Mel projects located in Nunavut; the Pikoo project comprises 39,752 hectares of mineral claims located in Saskatchewan; and the Loki Diamond property, including 23 mineral claims that covers approximately 12,898 hectares located in Northwest Territories. It also owns a 100% interest in ORO gold property located in the Hope Bay Volcanic Belt in Nunavut; the Luxx property located in Nunavut; and the CSI property, which comprises 4,540 hectares located in the Nunavut. North Arrow Minerals Inc. is based in Vancouver, Canada.

How the Company Makes Money

North Arrow Minerals makes money primarily through the exploration and potential development of diamond properties. As an exploration company, its revenue model includes generating value through the discovery and delineation of diamond resources, which can be sold or partnered with larger mining companies for development. The company may also enter into joint ventures or partnerships with other mining entities to share exploration costs and risks, potentially receiving milestone payments, royalties, or equity stakes in projects that advance to production. Additionally, North Arrow Minerals might raise funds through equity financing to support its exploration activities, with the long-term goal of benefiting from the appreciation in value of its mineral assets as they move closer to production stages.

North Arrow Minerals Financial Statement Overview

Summary

North Arrow Minerals faces significant financial challenges, primarily due to zero revenue and consistent losses. The company's balance sheet is relatively strong with no debt, but negative returns and persistent cash flow deficits remain critical issues. The reliance on financing inflows suggests sustainability concerns in the absence of revenue.

Income Statement

North Arrow Minerals has consistently reported zero revenue, leading to negative profitability metrics. The TTM EBIT and EBITDA margins are negative, reflecting significant operating losses. The company also shows a history of declining net income, indicating financial instability. Overall, the absence of revenue and persistent losses are critical concerns.

Balance Sheet

The company's balance sheet shows no total debt and a positive stockholders' equity, which is a strength. However, the equity ratio is relatively high due to low liabilities, indicating potential under-leverage. The Return on Equity is negative due to losses, affecting overall performance. Despite strong equity, the consistent net losses present challenges.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, which highlight liquidity concerns. The lack of revenue generation is evident in the cash flow deficits. Financing cash flows are positive, indicating dependency on external funding. Overall, the cash flow management is weak, with consistent negative free cash flow posing risks.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-41.38K	-42.03K	-43.74K	-50.52K	-77.40K	-89.30K
EBITDA	-1.10M	-866.00K	-4.18M	27.67K	-534.00K	-818.00K
Net Income	-182.38K	-908.00K	-4.24M	-1.70M	-628.00K	-871.00K
Balance Sheet
Total Assets	19.16M	17.90M	16.18M	20.14M	20.60M	19.97M
Cash, Cash Equivalents and Short-Term Investments	2.93M	429.81K	274.43K	1.04M	1.12M	651.47K
Total Debt	0.00	571.99K	593.53K	565.28K	411.73K	94.71K
Total Liabilities	299.56K	1.21M	1.14M	1.80M	1.61M	481.26K
Stockholders Equity	18.86M	16.69M	15.04M	18.33M	18.99M	19.49M
Cash Flow
Free Cash Flow	-904.07K	-888.47K	-552.64K	-966.25K	-505.88K	-1.19M
Operating Cash Flow	-882.18K	-883.31K	-548.45K	-655.67K	-503.79K	-678.27K
Investing Cash Flow	838.13K	-1.21M	-1.07M	-341.03K	680.96K	-440.03K
Financing Cash Flow	1.50M	2.25M	859.34K	937.18K	335.20K	1.19M

North Arrow Minerals Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NAR, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.19, and below the 200-day MA of 0.16, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 46.27 is Neutral, neither overbought nor oversold. The STOCH value of 81.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NAR.

North Arrow Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$10.25B	9.95	-0.15%	2.86%	2.14%	-32.15%
NAR	48 Neutral	C$4.29M	12.69	-1.02%	―	―	―
SNAG	45 Neutral	C$8.60M	―	-20.14%	―	―	-103.97%
XGC	36 Underperform	C$5.70M	―	10.45%	―	―	70.80%
LECRF		$4.35M	5.44	-31.89%	―	―	―
GIDMF		$3.01M	―	-84.31%	―	―	―
HML	33 Underperform	C$5.00M	―	-3168.99%	―	―	53.53%

North Arrow Minerals Corporate Events

North Arrow Minerals Announces Leadership Change to Boost African Exploration

North Arrow Minerals has announced a strategic management change, appointing Eira Thomas as President and CEO, while Ken Armstrong transitions to Chairman of the Board. This shift is aimed at leveraging Thomas’s extensive experience and relationships in southern Africa to advance the Kraaipan Gold Project and explore new opportunities. The company is actively conducting exploration activities, including geophysical surveys and drilling programs, to identify gold mineralization beneath the Kalahari overburden in Botswana.

Spark’s Take on TSE:NAR Stock

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

North Arrow Minerals faces significant financial challenges with no revenue generation, impacting profitability and cash flow. The stock shows upward momentum but is overbought, suggesting caution. Strategic corporate actions in exploration may drive future growth, but current valuation and financial health limit its overall appeal.

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

North Arrow Minerals Advances Exploration at Kraaipan Gold Project

North Arrow Minerals Inc. has announced an update on its exploration activities at the Kraaipan Gold Project in Botswana, where it is conducting detailed magnetic surveys and structural mapping. The company aims to identify and test priority targets using advanced technologies like UAV magnetic surveys and optimized reverse-circulation drilling. With 80% of the magnetic surveys completed, North Arrow plans to finalize this phase by April and commence a three-month drilling program in May, supported by its partner Rockman Resources. This initiative is expected to enhance the company’s exploration capabilities and potentially uncover significant mineral deposits beneath the Kalahari sands, strengthening its position in the mining industry.