Rover Critical Minerals (ROVR) AI Stock Analysis

• Market Cap: C$519.51K
• Dividend Yield: N/A
• Average Volume (3M): 7.52K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.07
• Revenue Growth: N/A
• EPS Growth: 44.16%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 71
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 3,148,542
• 10 Day Avg. Volume: 7,950
• 30 Day Avg. Volume: 7,519
• PEG Ratio: 0.06
• Price to Book (P/B): 3.99
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.20
• 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: 43 Neutral
• Price Target: ―

Rover Metals' overall stock score is significantly impacted by its challenging financial performance, marked by a lack of revenue and increasing losses. Technical analysis suggests some short-term momentum, but valuation concerns persist due to negative earnings. Investors should be cautious given the financial instability and absence of dividends.

Rover Critical Minerals Business Overview & Revenue Model

Company Description

Rover Metals (ROVR) is a mineral exploration company focused on the discovery and development of precious metal resources. The company is primarily engaged in identifying, acquiring, and advancing mineral properties, with a particular emphasis on gold and silver deposits. Rover Metals operates within the mining and resources sector, aiming to create value through strategic exploration activities and the development of high-potential mining projects.

How the Company Makes Money

Rover Metals generates revenue through the exploration and potential development of mineral properties. The company's primary revenue streams come from the sale or joint venture of its mineral claims and properties once they reach a certain level of exploration and development. Rover Metals may also secure financing through partnerships with larger mining companies or investors who are interested in backing promising projects. Additionally, the company may raise capital through equity offerings to fund its exploration activities. Key factors contributing to its earnings include the successful discovery of economically viable mineral deposits, the market demand for precious metals, and strategic alliances or agreements with other entities in the mining industry.

Rover Critical Minerals Financial Statement Overview

Summary

Rover Metals faces significant financial hurdles, primarily characterized by an absence of revenue and increasing net losses. While the balance sheet reflects a low level of debt, the declining equity ratio and negative cash flow trends raise concerns about long-term financial sustainability. The company needs to improve operational performance and cash generation to stabilize its financial standing.

Income Statement

Rover Metals has not generated any revenue over the analyzed period, resulting in persistent negative profitability metrics such as EBIT and EBITDA margins. The company has consistently incurred net losses, with a worsening trend in net income from 2019 to the TTM period ending September 2024. This lack of revenue and increasing losses reflect significant challenges in achieving operational efficiency and profitability.

Balance Sheet

The balance sheet shows a relatively low level of total debt compared to stockholders' equity, yielding a conservative debt-to-equity ratio. However, the company's equity ratio has been declining, indicating potential stress on its financial stability. Despite these challenges, the company maintains a positive stockholders' equity, which can be seen as a strength in terms of capital structure.

Cash Flow

The cash flow statement reveals negative operating and free cash flows, indicating the company's inability to generate cash from its operations. Although there has been some positive cash flow from financing activities, the overall cash flow situation remains weak, with free cash flow growth rates substantially negative over the periods. This suggests ongoing liquidity challenges and reliance on external financing.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-1.33M	-745.00K	-1.18M	-1.55M	-753.00K	-785.00K
Net Income	-1.35M	-1.94M	-1.50M	-1.68M	-811.00K	-779.00K
Balance Sheet
Total Assets	5.24M	5.11M	5.08M	4.42M	1.91M	1.05M
Cash, Cash Equivalents and Short-Term Investments	42.66K	200.67K	96.23K	642.77K	332.72K	2.21K
Total Debt	128.25K	40.00K	40.00K	35.15K	30.89K	0.00
Total Liabilities	709.26K	635.24K	331.14K	706.87K	488.65K	248.59K
Stockholders Equity	4.53M	4.47M	4.75M	3.71M	1.43M	801.80K
Cash Flow
Free Cash Flow	-546.49K	-1.06M	-1.89M	-3.64M	-956.99K	-762.15K
Operating Cash Flow	-541.40K	-961.71K	-1.89M	-1.58M	-269.63K	-699.52K
Investing Cash Flow	-349.23K	-78.03K	-1.12M	-1.88M	-637.36K	-62.64K
Financing Cash Flow	523.32K	1.14M	2.46M	3.76M	1.24M	338.57K

Rover Critical Minerals Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ROVR, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.21, and below the 200-day MA of 0.17, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.74 is Neutral, neither overbought nor oversold. The STOCH value of 17.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ROVR.

Rover Critical Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	79 Outperform	C$3.66B	14.49	39.28%	―	105.06%	481.75%
KNT	79 Outperform	C$3.66B	14.49	39.28%	―	105.06%	481.75%
SIL	76 Outperform	$2.18B	18.49	18.48%	―	25.05%	0.44%
OR	70 Outperform	C$6.98B	158.59	2.50%	0.86%	12.78%	―
OR	70 Outperform	C$6.98B	158.59	2.50%	0.86%	12.78%	―
Sector *	62 Neutral	$10.15B	9.75	-0.17%	2.87%	2.22%	-32.49%
MUX	58 Neutral	$614.38M	3.61	-6.15%	―	-2.18%	-137.21%
MUX	58 Neutral	$614.38M	3.61	-6.15%	―	-2.18%	-137.21%
ROVR	43 Neutral	C$519.51K	―	-10.90%	―	―	44.16%