Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
0.00 | -14.74K | -37.08K | -43.77K | -38.81K | EBIT |
-4.77M | -9.23M | -3.76M | -9.19M | -5.27M | EBITDA |
-4.77M | -9.24M | -3.97M | -9.34M | -5.34M | Net Income Common Stockholders |
-5.09M | -9.60M | -4.01M | -9.39M | -5.38M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
1.97M | 2.38M | 2.55M | 1.07M | 3.42M | Total Assets |
3.78M | 3.75M | 3.37M | 1.91M | 4.15M | Total Debt |
0.00 | 0.00 | 9.92K | 37.77K | 62.60K | Net Debt |
-1.97M | -2.38M | -2.54M | -1.04M | -3.36M | Total Liabilities |
826.06K | 1.10M | 418.71K | 335.79K | 305.64K | Stockholders Equity |
2.95M | 2.65M | 2.95M | 1.57M | 3.85M |
Cash Flow | Free Cash Flow | |||
-5.27M | -9.42M | -3.78M | -9.12M | -4.95M | Operating Cash Flow |
-5.11M | -9.27M | -3.64M | -8.82M | -4.78M | Investing Cash Flow |
-167.26K | -153.36K | -139.82K | -303.03K | -165.15K | Financing Cash Flow |
4.86M | 9.25M | 5.26M | 6.77M | 6.70M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
76 Outperform | C$3.76B | 14.90 | 39.28% | ― | 105.06% | 481.75% | |
52 Neutral | C$2.24B | ― | -137.38% | ― | ― | -19.29% | |
51 Neutral | $2.02B | -1.14 | -21.37% | 3.64% | 2.88% | -30.57% | |
45 Neutral | C$62.06M | ― | -246.19% | ― | ― | 57.01% | |
43 Neutral | C$592.44M | ― | -1.08% | ― | ― | 66.34% | |
41 Neutral | C$35.46M | ― | -25.75% | ― | ― | ― |
Tectonic Metals has secured over $5 million in strategic funding led by Crescat Capital, with plans to raise a total of $7 million to fully fund its 2025 Phase One Drill Program at the Alpha Bowl site in Alaska. This initiative is part of Tectonic’s efforts to explore and expand its high-grade oxide gold discovery, positioning the company for potential growth and increased interest from institutional investors. The Alpha Bowl project, situated near one of the world’s largest gold deposits, represents a significant opportunity for Tectonic to enhance its market position and deliver substantial returns to its stakeholders.
Spark’s Take on TSE:TECT Stock
According to Spark, TipRanks’ AI Analyst, TSE:TECT is a Neutral.
Tectonic Metals’ overall score reflects significant financial challenges, with no revenue and consistent losses. While the balance sheet is debt-free, cash flow issues persist. The technical analysis indicates neutral momentum, and the valuation remains unattractive due to negative earnings. However, the recent gold discovery at the Flat Project is a positive development that could improve future prospects if successfully capitalized on.
To see Spark’s full report on TSE:TECT stock, click here.
Tectonic Metals Inc. has announced a new gold discovery at its Alpha Bowl target within the Flat Gold Project, extending the mineralized strike length of the Chicken Mountain gold system to 3 kilometers. This discovery, along with a 100% drill success rate at Chicken Mountain, underscores the potential of Flat to become a major gold asset in Alaska, further supported by its proximity to the established Donlin Gold Project.