EEE Exploration Corp. (SPOD) AI Stock Analysis

• Market Cap: C$1.34M
• Dividend Yield: N/A
• Average Volume (3M): 225.22K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.79
• Revenue Growth: N/A
• EPS Growth: -28.95%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 89,615,310
• 10 Day Avg. Volume: 644,651
• 30 Day Avg. Volume: 225,225
• PEG Ratio: -0.11
• Price to Book (P/B): 0.43
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.81
• 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: 45 Neutral
• Price Target: C$0.02 ▼(-25.00% Downside)

The score is primarily constrained by weak financial performance (no revenue, ongoing losses, and renewed cash burn) and a weak technical trend (trading below major moving averages). Modest support comes from a debt-free balance sheet and recent financing activity that improves near-term liquidity, though valuation remains challenged due to negative earnings and no dividend.

Positive Factors

Project Expansion

Acquiring full ownership of the Golden Moon project enhances resource control and potential revenue streams, strengthening market position.

Successful Drilling Results

Identifying strong lithium-bearing anomalies suggests potential for significant deposits, supporting long-term growth and diversification strategy.

Debt-Free Balance Sheet

A debt-free balance sheet provides financial stability and flexibility, allowing focus on strategic investments and growth opportunities.

Negative Factors

Lack of Revenue

The absence of revenue indicates challenges in monetizing operations, impacting profitability and long-term sustainability.

Negative Cash Flow

Negative cash flow highlights inefficiencies in operations, potentially straining future activities and limiting growth investments.

Consistent Losses

Ongoing losses reflect poor profitability management, hindering the company's ability to generate returns and invest in growth.

EEE Exploration Corp. Business Overview & Revenue Model

Company Description

EEE Exploration Corp. engages in the mineral exploration business in Canada. The company holds a 100% interest in the Golden Moon property comprising 10 mineral claims located in Quebec. It also holds an option to acquire a 100% interest in the NW Abitibi Project comprising 66 mineral claims in Ontario. The company was formerly known as Express Capital Corp. and changed its name to EEE Exploration Corp. EEE Exploration Corp. was incorporated in 2014 and is headquartered in Vancouver, Canada.

How the Company Makes Money

EEE Exploration Corp. makes money through the identification, acquisition, and development of lithium-rich mineral properties. The company's primary revenue streams include the sale of lithium extracted from its mining operations and strategic partnerships or joint ventures with larger mining companies seeking to expand their resource base. Additionally, EEE Exploration Corp. may generate income through licensing agreements or royalties from its exploration technologies and methodologies. The company's earnings are significantly influenced by global lithium market prices, extraction and production costs, and regulatory factors impacting mining operations.

EEE Exploration Corp. Financial Statement Overview

Summary

Exploration-stage profile with no revenue and recurring net losses, plus a return to negative operating/free cash flow in 2025. Offsetting this is a key strength: a debt-free balance sheet with positive equity, which reduces solvency risk despite ongoing cash burn.

Income Statement

The company reports no revenue across the period provided, consistent with an exploration-stage profile rather than an operating producer. Losses remain persistent (net loss of about -0.8M in 2025 vs. about -0.53M in 2024), indicating continued spend without offsetting operating income. While the loss level improved materially from 2023 (about -1.25M) to 2024, the re-widening in 2025 highlights volatility and limited earnings visibility until revenue generation begins.

Balance Sheet

The balance sheet is conservatively levered with zero total debt in recent years (and only a negligible amount in 2020), which meaningfully reduces financial risk during a cash-burning phase. Equity is positive and sizable in the latest year (about 4.49M in 2025) and assets remain over 5.1M, supporting ongoing operations. However, returns on equity are negative in most years (about -17.8% in 2025), reflecting continued losses that gradually erode shareholder value if not reversed.

Cash Flow

Cash generation is inconsistent: operating cash flow was positive in 2024 (about +0.24M) but turned negative again in 2025 (about -0.51M), implying funding needs likely persist. Free cash flow is also negative in 2025 (about -0.51M) and deteriorated sharply versus the prior year (free cash flow growth about -37.6%), signaling higher spending or weaker working-capital dynamics. A positive indicator is that cash flow losses have been less extreme than in 2023 (operating cash flow about -1.54M), but the recent reversal raises near-term liquidity sensitivity.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00
EBITDA	-618.30K	-525.92K	-1.25M	-302.59K	-317.90K
Net Income	-800.81K	-525.92K	-1.25M	-303.22K	-282.10K
Balance Sheet
Total Assets	5.13M	5.44M	3.14M	710.58K	639.34K
Cash, Cash Equivalents and Short-Term Investments	36.55K	1.18M	382.18K	36.63K	444.67K
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	645.17K	781.72K	191.54K	143.30K	94.96K
Stockholders Equity	4.49M	4.66M	2.95M	567.28K	544.38K
Cash Flow
Free Cash Flow	-510.87K	238.99K	-2.29M	-408.04K	-406.50K
Operating Cash Flow	-510.87K	238.99K	-1.54M	-245.34K	-274.46K
Investing Cash Flow	-1.31M	-1.19M	-757.25K	-162.69K	-132.04K
Financing Cash Flow	681.61K	1.74M	2.63M	0.00	835.23K

EEE Exploration Corp. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 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:SPOD, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 38.20 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SPOD.

EEE Exploration Corp. 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%
AVG	56 Neutral	C$1.92M	3.96	152.16%	―	―	-81.75%
NVX	47 Neutral	C$5.32M	-2.39	-50.32%	―	―	-40.12%
SPOD	45 Neutral	C$1.34M	-0.54	-24.25%	―	―	-28.95%
FWM	45 Neutral	C$1.00M	-3.95	-82.62%	―	―	42.77%
GRHK	41 Neutral	C$1.29M	-0.53	-213.10%	―	―	-110.45%
NINE	30 Underperform	C$17.35M	-13.49	-26.39%	―	―	54.76%

EEE Exploration Corp. Corporate Events

Spod Lithium Sells North Nipigon Asset and Announces CEO Transition

Spod Lithium Corp. has sold its 100% interest in the North Nipigon lithium exploration property in Ontario to Imagine Lithium Inc. for cash consideration of $30,000, a move the company says is consistent with its strategy to concentrate capital and management attention on its flagship assets. In parallel, the company announced the resignation of CEO, president and director Mathieu Couillard, appointing CFO Veronique Laberge as interim chief executive and director while the board initiates a search for a permanent CEO, signaling a transitional period in leadership as Spod Lithium refines its portfolio and seeks to strengthen its positioning in the competitive lithium exploration market.

Spod Lithium Corp. Completes Second Tranche of Private Placement

Spod Lithium Corp. has successfully completed the second tranche of its non-brokered private placement, raising $88,000 through the sale of 4,400,000 units. The proceeds will be used for general working capital purposes, and the securities issued will be subject to a statutory hold period. This move is part of the company’s strategic efforts to enhance its financial position and support its ongoing exploration and development activities, potentially strengthening its market position in the lithium industry.

Spod Lithium Corp. Completes First Tranche of Private Placement

Spod Lithium Corp. has successfully completed the first tranche of a non-brokered private placement, raising $130,000 through the sale of 6,500,000 units at $0.02 per unit. The proceeds will be used for general working capital purposes. This move is part of the company’s strategic efforts to bolster its financial position and support its exploration and development activities in the lithium sector, particularly in the resource-rich regions of Quebec and Ontario, Canada.

Spod Lithium Corp. Upsizes Private Placement to Boost Financial Flexibility

Spod Lithium Corp. announced an increase in its private placement offering to 25 million units at $0.02 per unit, aiming to raise up to $500,000. The proceeds are intended for general working capital, and the offering includes common shares and warrants, with a statutory hold period of four months and one day. This move is expected to enhance the company’s financial flexibility and support its strategic initiatives in the lithium exploration sector.