Stuhini Exploration (NOVA) AI Stock Analysis

• Market Cap: C$9.63M
• Dividend Yield: N/A
• Average Volume (3M): 101.32K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: N/A
• EPS Growth: -96.27%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 49,406,410
• 10 Day Avg. Volume: 81,233
• 30 Day Avg. Volume: 101,322
• PEG Ratio: -0.13
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.15
• 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: 50 Neutral
• Price Target: C$0.19 ▲(18.75% Upside)

The score is held down primarily by weak financial performance (no revenue, persistent losses, and ongoing cash burn), with valuation also constrained by negative earnings (negative P/E). These negatives are partially offset by favorable technicals (price above key moving averages with positive momentum) and a low-leverage balance sheet with no debt.

Positive Factors

Low leverage / No debt

Zero reported debt materially lowers fixed financing obligations and reduces near-term solvency risk. This durable balance-sheet characteristic gives management structural flexibility to pursue multi-year exploration programs or joint ventures without immediate interest burdens.

Meaningful equity base

A roughly $10.1M equity base provides a tangible solvency buffer to underwrite ongoing exploration spend and supports credibility in partner or transaction talks. This capital base reduces immediate liquidity strain compared with highly leveraged peers over the medium term.

Clear exploration/value-creation model

The company’s explicit early-stage exploration and project-advancement model targets defining resources and increasing property value for development or transaction outcomes. Structurally this model can generate asymmetric returns if exploration success or strategic disposals occur.

Negative Factors

No revenue / recurring losses

The absence of any reported revenue and recurring net losses (TTM loss ~ $1.47M) indicate the company has not commercialized operations. Over the medium term this undermines sustainability and forces reliance on financing until a viable resource or revenue stream is established.

Persistent negative cash flow

Operating and free cash flow remain negative across all reported periods, reflecting ongoing cash burn. Although free cash flow improved materially versus prior year, continued negative generation raises durable dependence on external capital and limits self-funding of exploration.

Eroding equity & negative ROE

Declining equity and assets combined with a deeply negative ROE (~-14% TTM) signal ongoing erosion of book value. Structurally this elevates dilution risk, weakens the balance sheet over time, and can impair the company’s ability to attract non-dilutive capital or favorable transaction terms.

Stuhini Exploration Business Overview & Revenue Model

Company Description

Stuhini Exploration Ltd., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, and base metal deposits. The company has option agreements to acquire 100% interests in the Ruby Creek Property located in northwestern British Colombia; and Que Property located in the north of Johnson's Crossing in southcentral Yukon. It also holds interest in seven mineral exploration licenses covering an area of 47,514 hectares located to the northwest of Grand Rapids, Manitoba. Stuhini Exploration Ltd. was incorporated in 2017 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Stuhini Exploration makes money through the identification and development of mineral properties that have the potential for profitable extraction. The company's revenue model typically involves acquiring exploration rights or properties, conducting geological assessments and exploration activities to determine the presence and extent of mineral resources, and subsequently either developing these resources into operational mines or selling them to larger mining companies. Key revenue streams include the sale of exploration projects, joint ventures, and strategic partnerships with other mining entities. These collaborations can provide necessary capital and expertise to further develop mining projects that Stuhini Exploration identifies. Additionally, the company may earn income through royalties or future production agreements from developed properties.

Stuhini Exploration Financial Statement Overview

Summary

Income statement is very weak with no revenue and recurring net losses, and cash flow remains negative with ongoing free-cash-flow burn despite some improvement. The main offset is a relatively solid balance sheet with no debt and a meaningful equity base, which supports near-term solvency but does not resolve ongoing loss-making operations.

Income Statement

The company reports no revenue across the annual periods and TTM (Trailing-Twelve-Months), with recurring operating losses and negative earnings each year. Losses widened versus 2021–2022 and remain elevated in 2025 (TTM net loss of about 1.47M). A modest positive is that 2025 (TTM) operating loss is slightly better than FY2025, but overall profitability remains weak with no demonstrated sales base.

Balance Sheet

The balance sheet shows essentially no financial leverage (total debt at 0 in the latest periods) and a sizable equity base (~10.1M), which lowers near-term solvency risk. However, equity and assets have trended down from FY2024 to FY2025, and returns on equity remain meaningfully negative (roughly -14% in 2025 TTM), reflecting ongoing losses that can continue to erode book value over time.

Cash Flow

Cash generation is weak with negative operating cash flow and negative free cash flow across all periods, consistent with an early-stage/exploration profile. The cash burn improved materially versus FY2024 (free cash flow moved from about -1.82M to about -0.95M in FY2025, and to about -0.92M in 2025 TTM), but the business is still consuming cash and will likely remain dependent on external funding absent revenue generation.

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

Stuhini Exploration Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NOVA, the sentiment is Positive. The current price of 0.16 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.17, and above the 200-day MA of 0.14, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 55.93 is Neutral, neither overbought nor oversold. The STOCH value of 33.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NOVA.

Stuhini Exploration Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GLM	52 Neutral	C$11.48M	-21.82	-5.30%	―	―	―
GOH	52 Neutral	C$11.22M	-4.52	-42.65%	―	―	88.29%
NOVA	50 Neutral	C$9.63M	-6.05	-13.20%	―	―	-96.27%
MEK	50 Neutral	C$7.74M	-8.75	-16.74%	―	―	-122.22%
HAR	49 Neutral	C$5.72M	-2.39	-19.36%	―	―	7.28%
QMC	48 Neutral	C$7.81M	-31.82	―	―	―	14.29%