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Temas Resources
(TMAS)
Temas Resources (TMAS) vs. iShares MSCI Canada ETF (EWC)
Temas Resources Business Overview & Revenue Model
Temas Resources Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | -63.13K | -52.61K | 0.00 |
| EBITDA | -2.55M | -1.75M | -2.22M | -3.64M | -3.51M | -1.84M |
| Net Income | -2.56M | -1.75M | -2.23M | -4.34M | -3.72M | -1.84M |
Balance Sheet | ||||||
| Total Assets | 6.77M | 6.73M | 6.79M | 8.79M | 11.51M | 12.21M |
| Cash, Cash Equivalents and Short-Term Investments | 38.88K | 76.56K | 271.24K | 789.50K | 2.01M | 3.38M |
| Total Debt | 125.23K | 0.00 | 96.41K | 0.00 | 0.00 | 61.00K |
| Total Liabilities | 1.85M | 1.51M | 1.95M | 1.65M | 675.68K | 794.10K |
| Stockholders Equity | 4.92M | 5.23M | 4.84M | 7.14M | 10.84M | 11.42M |
Cash Flow | ||||||
| Free Cash Flow | -1.45M | -1.97M | -1.24K | -2.41M | -2.19M | -676.56K |
| Operating Cash Flow | -1.36M | -1.97M | -1.22K | -2.28M | -1.84M | -616.56K |
| Investing Cash Flow | -168.92K | -86.91K | -34.00 | -149.45K | -1.08M | -30.03K |
| Financing Cash Flow | 1.49M | 1.86M | 732.00K | 1.21M | 1.55M | 3.89M |
Temas Resources Technical Analysis
Temas Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | C$8.64M | -32.61 | ― | ― | ― | 14.29% | |
52 Neutral | C$7.49M | -13.64 | -5.30% | ― | ― | ― | |
50 Neutral | C$8.41M | -16.67 | -8.37% | ― | ― | 38.78% | |
48 Neutral | C$9.88M | -7.28 | -13.20% | ― | ― | -96.27% | |
47 Neutral | C$9.35M | -2.77 | -48.40% | ― | ― | 65.30% | |
47 Neutral | C$8.51M | -3.72 | -44.07% | ― | ― | 44.75% |
Temas Resources Corporate Events
Temas Resources has strengthened its strategic positioning by joining Québec’s CSM Scientific Network, a metal transformation and critical minerals consortium under CRITM that includes major industry players and research institutions, which is expected to enhance its access to scientific collaboration, specialized equipment and expert advisory networks. In parallel, the company has engaged Independent Trading Group to act as a market maker on the Canadian Securities Exchange to support liquidity and price discovery in its shares, and has appointed Pitt Street Research to commence independent equity research coverage from January 2026, together aimed at improving Temas’ capital markets profile, trading efficiency and investor visibility.
The most recent analyst rating on (TSE:TMAS) stock is a Hold with a C$0.18 price target. To see the full list of analyst forecasts on Temas Resources stock, see the TSE:TMAS Stock Forecast page.
Temas Resources has completed a high-resolution airborne LiDAR survey covering approximately 46 km² at its La Blache and Lac Brule projects in Québec, delivering engineering-grade topographic and structural data to underpin future resource modelling, infrastructure layouts, and environmental baseline work. The new dataset, which significantly upgrades spatial accuracy versus legacy government models, will be integrated with recent and historic drilling to refine geological and engineering studies, support feasibility-level planning, and accelerate future drilling and field programs, while re-assay campaigns for gallium, scandium and other rare earth elements and tests of its Regenerative Chloride Leach technology are slated for early 2026, potentially enhancing the projects’ critical metals profile and cost competitiveness.
Temas Resources has engaged Christian Klingebiel of Milestone Capital Partners to enhance investor awareness in Europe through marketing and public relations services. This initiative aims to increase the company’s visibility across European investor channels, potentially strengthening its market position and creating new opportunities for stakeholder engagement.
Temas Resources Corp. has appointed HLB Mann Judd as its new auditor, replacing De Visser Gray LLP. This change aligns with the company’s strategy to enhance compliance and growth through an audit firm experienced in dual-listed entities and Australian reporting requirements. The decision reflects Temas Resources’ commitment to strengthening its operational framework as it continues to advance its dual-business model in the critical minerals sector.
Temas Resources has completed its fall/winter HQ diamond drilling campaign at the La Blache property in Quebec, Canada, targeting critical minerals and rare earth elements. The drilling program, which included 2,302 meters of HQ diamond drilling, aims to expand and upgrade the Farrell-Taylor Massive Oxide inferred resource. The results will support the development of Temas’ proprietary Regenerative Chloride Leach technology, which promises to reduce costs and enhance recovery of critical metals. The company plans further exploration in 2026 and is in discussions to develop its technology on third-party ore, potentially impacting its market positioning and stakeholder interests.
Temas Resources Corp is advancing its 2,500-meter diamond drilling campaign at the La Blache property in Quebec, Canada, with 1,000 meters completed. The program aims to expand the inferred mineral resource at the Farrell-Taylor TiO2 deposit and support the development of a maiden JORC-compliant Mineral Resource Estimate in 2026. The drilling will also aid in the development of Temas’ Regenerative Chloride Leach technology, which significantly reduces processing costs and enhances recovery of critical metals. The project is strategically located near infrastructure and the Port of Saguenay, facilitating efficient development and integration, with Phase 2 drilling planned for early 2026.
Temas Resources Corp has initiated a 2,500-meter drilling program at its La Blache property in Quebec, Canada, to further define the inferred mineral resource at the Farrell-Taylor Ti02 deposit and test previous drilling at the Lac Schmoo Ti02 deposit. This program aims to advance the company’s Regenerative Chloride Leach technology and support a larger feasibility study in 2026, positioning Temas as a key player in the onshoring of critical metals in North America.
Temas Resources has acquired full ownership of ORF Technologies Inc., gaining control over eleven process patents known as the Regenerative Chloride Leach (RCL) technology. This acquisition is expected to boost Temas’ global presence in ore processing and metal refining, offering significant cost reductions and environmental benefits. The RCL technology enhances the recovery of various metals and is being considered for licensing opportunities by third-party companies in multiple countries.
Temas Resources Corp. has successfully listed on the Australian Securities Exchange (ASX) after raising AU$11 million, enhancing its investor base and strengthening its presence in the Asia-Pacific market. The company plans to use the funds to advance its proprietary Regenerative Chloride Leach (RCL) platform technology, which significantly reduces production costs and environmental impact. This dual-listing positions Temas to play a central role in reshoring Western metal production and supports its strategic North American mineral projects, which are integral to its vertically integrated supply chain strategy.