North Arrow Minerals Inc (TSE:NAR)
:NAR
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North Arrow Minerals
(NAR)
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Rating:43Neutral
Price Target:
C$0.29
▼(-3.33% Downside)
Action:ReiteratedDate:03/30/26
The score is held down primarily by weak financial performance (pre-revenue, persistent losses, and continued cash burn despite a clean balance sheet) and bearish/weak short-term technical momentum (below key short-term moving averages with negative MACD and low RSI). Valuation offers little support given negative earnings and no dividend yield data.
Positive Factors
Strong balance sheet
The company reports zero total debt and roughly $18.1M of equity (TTM), giving an exploration-stage issuer durable financial flexibility to fund staking and drilling. Minimal leverage lowers solvency risk and allows management to pursue programs without immediate refinancing pressure.
Negative Factors
Pre-revenue, persistent losses
The company remains pre-revenue with a TTM net loss of -981,768, reflecting persistent negative profitability. Without operating revenue, the firm cannot self-fund exploration indefinitely; long-term viability depends on successful discoveries or sustained external capital, a structural constraint.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet
The company reports zero total debt and roughly $18.1M of equity (TTM), giving an exploration-stage issuer durable financial flexibility to fund staking and drilling. Minimal leverage lowers solvency risk and allows management to pursue programs without immediate refinancing pressure.
Read all positive factors
North Arrow Minerals (NAR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$13.80M
Dividend YieldN/A
Average Volume (3M)49.80K
Price to Earnings (P/E)―
Beta (1Y)0.79
Revenue GrowthN/A
EPS Growth-284.96%
CountryCA
Employees1
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding45,993,850
10 Day Avg. Volume52,284
30 Day Avg. Volume49,795
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)0.26
Price to Sales (P/S)0.00
P/FCF Ratio-4.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 cl...
How the Company Makes Money
Revenue model for North Arrow Minerals is not publicly available in sufficient detail in the provided context; the company is an exploration-stage issuer and typically does not have recurring operating revenue from mineral production. null...
North Arrow Minerals Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
67
Positive
Cash Flow
29
Negative
| Breakdown | TTM | Jul 2024 | Jul 2023 | Jul 2022 | Apr 2021 | Apr 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -9.25K | -34.08K | -42.03K | -43.74K | -50.52K | -77.40K |
| EBITDA | -205.66K | -592.70K | -866.00K | -4.18M | -1.58M | -534.00K |
| Net Income | -981.77K | -626.77K | -908.00K | -4.24M | -1.70M | -628.00K |
Balance Sheet | ||||||
| Total Assets | 18.36M | 18.60M | 17.90M | 16.18M | 20.14M | 20.60M |
| Cash, Cash Equivalents and Short-Term Investments | 257.05K | 2.03M | 429.81K | 274.43K | 1.04M | 1.12M |
| Total Debt | 0.00 | 0.00 | 571.99K | 593.53K | 565.28K | 411.73K |
| Total Liabilities | 268.84K | 289.70K | 1.21M | 1.14M | 1.80M | 1.61M |
| Stockholders Equity | 18.10M | 18.31M | 16.69M | 15.04M | 18.33M | 18.99M |
Cash Flow | ||||||
| Free Cash Flow | -771.77K | -983.93K | -888.47K | -552.64K | -966.25K | -505.88K |
| Operating Cash Flow | -773.87K | -966.17K | -883.31K | -548.45K | -655.67K | -503.79K |
| Investing Cash Flow | -1.30M | 575.70K | -1.21M | -1.07M | -341.03K | 680.96K |
| Financing Cash Flow | 129.60K | 1.51M | 2.25M | 859.34K | 937.18K | 335.20K |
North Arrow Minerals Technical Analysis
Negative
0.30
Price Trends
0.36
Negative
0.30
Negative
0.24
Positive
Market Momentum
-0.02
Positive
41.53
Neutral
42.42
Neutral
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 0.3 is below the 20-day moving average (MA) of 0.33, below the 50-day MA of 0.36, and above the 200-day MA of 0.24, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 41.53 is Neutral, neither overbought nor oversold. The STOCH value of 42.42 is Neutral, 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | C$12.89M | 14.44 | 23.04% | ― | ― | ― | |
48 Neutral | C$8.48M | 21.09 | -399.61% | ― | ― | 54.89% | |
47 Neutral | C$6.88M | -26.07 | -40.98% | ― | ― | 79.47% | |
43 Neutral | C$13.80M | -10.42 | -9.59% | ― | ― | -284.96% | |
43 Neutral | C$4.37M | -2.76 | -604.93% | ― | ― | 18.99% |
* Basic Materials Sector Average
TSE:NAR
North Arrow Minerals
0.30
0.14
87.50%
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TSE:PERU
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TSE:FAS
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North Arrow Minerals Corporate Events
Business Operations and StrategyDelistings and Listing Changes
North Arrow Minerals Gains U.S. OTCID Listing to Broaden Investor Reach
Positive
Mar 27, 2026
North Arrow Minerals has commenced trading on the OTCID Basic Market in the U.S. under the symbol NHAWF, adding to its existing TSX-V listing. The OTCID platform, launched in 2025 and managed by OTC Markets Group, is a regulated base-level venue t...
Business Operations and Strategy
North Arrow Doubles Kraaipan Budget as 2026 Gold Exploration Ramps Up in Botswana
Positive
Mar 2, 2026
North Arrow Minerals has launched its 2026 exploration campaign at the Kraaipan Gold Project in southern Botswana, building on a 2025 reconnaissance program that outlined six gold-anomalous areas over the 45 km Kraaipan Greenstone Belt. The compan...
Business Operations and StrategyPrivate Placements and Financing
North Arrow Boosts Private Placement to $4 Million on Investor Demand
Positive
Feb 4, 2026
North Arrow Mineral’s enlarged non-brokered private placement now targets up to 16.7 million units at $0.24 for gross proceeds of $4 million, with each unit carrying a share and half-warrant exercisable at $0.36 over two years, pending custo...
Business Operations and StrategyExecutive/Board Changes
North Arrow Names John Armstrong President and COO to Drive Kraaipan Push
Positive
Feb 4, 2026
North Arrow appointed Dr. John P. Armstrong as president and COO, entrusting him with oversight of the Kraaipan Gold Project and regional expansion efforts, while issuing 350,000 incentive stock options to align his tenure with shareholder interes...
Other
North Arrow Minerals Grants Stock Options to Company Officer
Neutral
Jan 23, 2026
North Arrow Minerals has granted 100,000 incentive stock options to an officer under its shareholder-approved Stock Option Plan, with an exercise price of C$0.215 per share and an expiry date of December 18, 2030. Following this grant, the company...
Business Operations and StrategyPrivate Placements and Financing
North Arrow Minerals Announces $3 Million Private Placement to Fund Kraaipan Gold Exploration
Positive
Jan 23, 2026
North Arrow Minerals has launched a CAD$3 million non-brokered private placement, offering up to 12.5 million units at $0.24 per unit, each comprising one common share and a half warrant exercisable at $0.36 for 24 months. The financing, expected ...
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.