Starmet Ventures Inc (STAR) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 300.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.60
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 70
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 22,536,774
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 300
• PEG Ratio: >-0.01
• Price to Book (P/B): 14.77
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -15.59
• 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: 28 Underperform
• Price Target: ―

Starmet Ventures Inc. is facing significant financial challenges due to its lack of revenue and negative cash flows, which are major concerns for its financial stability and future operations. The technical analysis reflects a lack of market momentum, further compounded by the absence of valuation metrics, making it difficult to assess its investment potential. The overall outlook remains negative, highlighting the need for substantial improvements in financial performance to alter this trajectory.

Starmet Ventures Inc Business Overview & Revenue Model

Company Description

Starmet Ventures Inc. engages in the acquisition and exploration of mineral resource properties. It holds an option to acquire 100% interests in the JPL property with 54 unpatented lode claims totaling 452 hectares located in Esmeralda County, Nevada. The company was formerly known as SaveCann Solutions Inc. and changed its name to Starmet Ventures Inc. in August 2020. Starmet Ventures Inc. was incorporated in 2019 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Starmet Ventures Inc Financial Statement Overview

Summary

Starmet Ventures Inc. faces considerable financial difficulties with no revenue generation and ongoing losses. The balance sheet shows a strong equity position, but the lack of revenue and negative cash flows pose significant risks to future operations and financial stability.

Income Statement

Starmet Ventures Inc. has not generated any revenue over the periods analyzed, which is a significant concern for profitability. The company consistently reports negative EBIT and net income, indicating operational challenges. The absence of revenue growth further constrains the company's ability to improve its financial standing.

Balance Sheet

The company maintains a relatively strong equity position with a high equity ratio of approximately 64% in the latest TTM (Trailing-Twelve-Months) report. However, the presence of significant debt introduces potential financial risk. The balance sheet has improved from past periods with increased total assets, but the lack of revenue generation remains a concern.

Cash Flow

Starmet Ventures Inc. shows negative operating cash flows, indicating cash is being consumed rather than generated. The free cash flow remains negative, though there was an inflow from financing activities. The lack of free cash flow growth highlights ongoing financial challenges.

Breakdown	TTM	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00
EBITDA	-191.68K	-448.11K	-23.89K
Net Income	-201.33K	-447.37K	-24.71K
Balance Sheet
Total Assets	1.22M	388.93K	301.23K
Cash, Cash Equivalents and Short-Term Investments	10.37K	209.81K	160.05K
Total Debt	142.05K	0.00	0.00
Total Liabilities	435.97K	138.35K	90.00K
Stockholders Equity	781.99K	250.58K	211.23K
Cash Flow
Free Cash Flow	-99.34K	-237.47K	13.26K
Operating Cash Flow	-58.99K	-202.56K	13.26K
Investing Cash Flow	0.00	-34.91K	-41.75K
Financing Cash Flow	10.00K	287.23K	0.00

Starmet Ventures Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:STAR, 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 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at <0.01 is Positive, neither overbought nor oversold. The STOCH value of -10.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:STAR.

Starmet Ventures Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OR	69 Neutral	$6.52B	148.10	2.50%	0.87%	12.78%	―
LGO	56 Neutral	$114.79M	―	-23.26%	―	-37.62%	-12.09%
NPK	53 Neutral	C$32.66M	―	-32.62%	―	-39.06%	-9.07%
Sector *	44 Neutral	C$979.74M	-6.70	-13.35%	2.68%	17.20%	-32.62%
FVL	43 Neutral	C$645.34M	―	-1.08%	―	―	66.34%
GEMC	38 Underperform	C$2.37M	―	-15.98%	―	―	88.48%
STAR	28 Underperform		―	-27.76%	―	―	―

Starmet Ventures Inc Corporate Events

Starmet Ventures Extends Private Placement to April 2025

Starmet Ventures Inc. has announced an extension of its non-brokered private placement closing date to raise up to $2 million by issuing 40 million units at $0.05 per unit. This extension, now set to close by April 1, 2025, aims to allow more investors to participate, with proceeds intended for general working capital. The offering is subject to regulatory approval and includes a statutory hold period for shares issued. The company is navigating regulatory requirements related to issuing more than 100% of its share capital, relying on written resolutions to meet securityholder approval.