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Atha Energy Corp.
(SASK)
Atha Energy Corp. (SASK) vs. S&P 500 (SPY)
Atha Energy Corp. Business Overview & Revenue Model
Atha Energy Corp. Financial Statement Overview
| Breakdown | ||
| Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|
| Income Statement | Total Revenue | |
| 1.16M | 0.00 | 0.00 | Gross Profit |
| 1.13M | -13.60K | 0.00 | EBIT |
| -13.86M | -1.03M | -111.05K | EBITDA |
| -13.95M | -978.86K | 0.00 | Net Income Common Stockholders |
| -13.98M | -1.03M | -210.71K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |
| 34.01M | 40.70M | 18.34K | Total Assets |
| 99.16M | 42.03M | 23.56K | Total Debt |
| 0.00 | 0.00 | 0.00 | Net Debt |
| -33.32M | -40.70M | -18.34K | Total Liabilities |
| 11.39M | 34.08M | 109.18K | Stockholders Equity |
| 87.77M | 7.96M | -85.62K |
| Cash Flow | Free Cash Flow | |
| -22.53M | -363.01K | ― | Operating Cash Flow |
| -4.21M | -220.10K | ― | Investing Cash Flow |
| -18.32M | -1.19M | 0.00 | Financing Cash Flow |
| 19.03M | 42.09M | 25.00K |
Atha Energy Corp. Technical Analysis
Atha Energy Corp. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
53 Neutral | C$4.18B | 27.25 | -7.77% | ― | ― | -197.27% | |
49 Neutral | $1.95B | -1.37 | -21.20% | 3.73% | 0.84% | -29.84% | |
49 Neutral | $1.80B | 33.39 | -4.64% | ― | ― | ― | |
48 Neutral | C$111.33M | ― | -7.72% | ― | ― | 48.50% | |
33 Underperform | C$40.63M | ― | -194.28% | ― | ― | -370.28% |
Atha Energy Corp. Corporate Events
ATHA Energy Corp. has completed mobilization for its 2025 exploration program at the Angilak Uranium Project in Nunavut, Canada. The company has initiated ground gravity and electromagnetic surveys along the 31 km Rib-Nine Iron Trend, aiming to identify high-priority targets for drilling. This exploration effort is part of ATHA’s strategy to expand its uranium resource base and enhance its position in the global uranium market. The company’s CEO, Troy Boisjoli, emphasized the potential of the Angilak Project to redefine the region’s importance in the uranium industry, while VP Exploration Cliff Revering highlighted the district-scale potential for multiple high-grade uranium deposits.
Spark’s Take on TSE:SASK Stock
According to Spark, TipRanks’ AI Analyst, TSE:SASK is a Neutral.
Atha Energy Corp. shows potential for growth with positive corporate events such as financing and a significant uranium discovery. However, profitability challenges, weak technical indicators, and an unattractive valuation weigh down the overall score. The company’s strong balance sheet provides some stability, but operational improvements are needed to enhance financial health.
To see Spark’s full report on TSE:SASK stock, click here.
ATHA Energy Corp. has completed mobilization for its 2025 exploration program at the Angilak Uranium Project in Nunavut, Canada. The company has commenced ground gravity and electromagnetic surveys along the 31 km Rib-Nine Iron Trend to identify targets for drilling, which is expected to start in early June. This initiative follows a successful 2024 campaign and aims to uncover high-grade uranium deposits that could significantly impact the global uranium landscape. The surveys are part of ATHA’s strategy to enhance its understanding of the Angikuni Basin’s geological potential and to define new high-priority targets for exploration.
Spark’s Take on TSE:SASK Stock
According to Spark, TipRanks’ AI Analyst, TSE:SASK is a Neutral.
Atha Energy Corp. shows potential for growth with positive corporate events such as financing and a significant uranium discovery. However, profitability challenges, weak technical indicators, and an unattractive valuation weigh down the overall score. The company’s strong balance sheet provides some stability, but operational improvements are needed to enhance financial health.
To see Spark’s full report on TSE:SASK stock, click here.
ATHA Energy Corp. has successfully closed a private placement offering, raising $10 million through the issuance of flow-through common shares. The funds will be allocated to Canadian exploration expenses, specifically for the development of ATHA’s Angilak project and other exploration-stage projects. The offering was conducted with the help of Stifel Nicolaus Canada Inc. and Canaccord Genuity Corp. as co-lead agents. This financing move is expected to bolster ATHA’s exploration activities and strengthen its position in the uranium industry, enhancing value for stakeholders.
Spark’s Take on TSE:SASK Stock
According to Spark, TipRanks’ AI Analyst, TSE:SASK is a Neutral.
Atha Energy Corp.’s revenue growth is overshadowed by profitability challenges and poor cash flow stability. The strong balance sheet provides some financial stability. Technical indicators show weak momentum, while the valuation is unattractive due to a negative P/E ratio.
To see Spark’s full report on TSE:SASK stock, click here.
ATHA Energy Corp. has amended the terms of its brokered ‘best efforts’ private placement to raise up to C$10,000,000. The offering includes flow-through common shares and charity flow-through shares, with proceeds intended to advance exploration and development of the Angilak project and other exploration-stage projects. The offering is expected to close on April 22, 2025, pending necessary approvals. This move is anticipated to bolster ATHA’s exploration capabilities and strengthen its position in the uranium industry, potentially benefiting stakeholders through increased project development and exploration activities.
Spark’s Take on TSE:SASK Stock
According to Spark, TipRanks’ AI Analyst, (TSE:SASK) is a Neutral.
Atha Energy Corp.’s revenue growth is overshadowed by profitability challenges and poor cash flow stability. The strong balance sheet provides some financial stability. Technical indicators show weak momentum, while the valuation is unattractive due to a negative P/E ratio.
To see Spark’s full report on (TSE:SASK) stock, click here.
ATHA Energy Corp. has announced a ‘best efforts’ private placement offering of charity flow-through common shares, aiming to raise up to C$10 million. The proceeds will be used to advance the exploration and development of the Angilak project and other exploration-stage projects. This strategic move is expected to bolster ATHA’s position in the uranium industry by enhancing its exploration capabilities and potentially increasing its asset value, thereby impacting stakeholders positively.
Atha Energy Corp. has announced a significant uranium discovery at its Angilak Project, with potential for expansion. The project, located in the Angikuni Basin, has shown high-grade uranium mineralization, with grades up to 47.8% U3O8 at Mushroom Lake. The company has increased the project’s size by 25,194 acres, positioning itself as a dominant player in the region. The findings from a recent SRK Consulting report have provided a roadmap for further exploration, highlighting the untapped potential of the Angikuni Basin. Atha Energy plans to conduct aerial and ground geophysical surveys to prepare for its 2025 exploration program, aiming to de-risk and expand its exploration targets.