Torr Metals Inc (TMET) AI Stock Analysis

• Market Cap: C$6.35M
• Dividend Yield: N/A
• Average Volume (3M): 145.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.27
• Revenue Growth: N/A
• EPS Growth: -27528.57%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Shell Companies
• EPS (TTM): N/A
• Shares Outstanding: 39,701,614
• 10 Day Avg. Volume: 157,633
• 30 Day Avg. Volume: 145,009
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: 41 Neutral
• Price Target: ―

Torr Metals Inc. has a low overall stock score due to its financial challenges and lack of profitability. The company's status as a shell company with no revenue impacts its financial performance negatively. Technical indicators suggest a bearish trend, although oversold conditions may present a potential buying opportunity. While the valuation is weak due to negative earnings, recent corporate events like strategic acquisitions and successful fundraising efforts have added some positivity, offering potential for future exploration success and revenue generation.

Torr Metals Inc Business Overview & Revenue Model

Company Description

Torr Metals Inc. engages in the exploration and development of mineral deposits in Canada. It holds interest in the Latham copper-gold project, which comprises 41 mineral claims covering an area of 49,694 hectares located in northern British Columbia. The company was incorporated in 2018 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Torr Metals Inc makes money through the exploration and eventual extraction of valuable mineral resources such as copper and gold. The company's revenue model is primarily based on identifying promising mineral deposits, developing these into viable mining operations, and then extracting and selling the metals. Revenue streams include the sale of extracted minerals on the global commodities market, potential joint ventures with other mining companies, and strategic partnerships that may arise from the development of their mining projects. Key factors contributing to its earnings include the successful identification and development of economically viable mining sites, favorable commodity prices, and efficient operational management.

Torr Metals Inc Financial Statement Overview

Summary

Torr Metals Inc. faces significant financial challenges, primarily due to its status as a shell company with no revenue. Despite a strong equity base and cash reserves, its continued operational losses and cash burn rate are concerning. The company must find a way to generate revenue to improve its financial health.

Income Statement

Torr Metals Inc. has reported no revenue over the observed periods. The company has consistently experienced losses with negative EBIT and net income, indicative of ongoing operational challenges without any revenue generation. This reflects poorly on profitability and growth prospects.

Balance Sheet

The balance sheet shows a strong equity position with no debt, indicating financial stability. However, the absence of revenue and continuous losses pose a risk to sustaining equity levels in the long term. The company also holds significant cash reserves, providing a buffer against operational losses.

Cash Flow

The company has negative operating and free cash flows, highlighting cash burn issues. Although there is some cash flow from financing activities, it may not be sustainable. The lack of revenue generation continues to stress cash flow management.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-685.87K	441.91K	0.00	0.00	0.00	-177.70K
Net Income	-647.59K	-25.82K	-105.92K	-738.84K	-36.47K	-174.48K
Balance Sheet
Total Assets	8.86M	8.69M	9.08M	8.27M	257.26K	334.41K
Cash, Cash Equivalents and Short-Term Investments	111.31K	431.11K	2.24M	3.15M	256.63K	332.92K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	230.42K	54.09K	421.17K	231.40K	14.44K	55.13K
Stockholders Equity	8.63M	8.63M	8.66M	8.04M	242.81K	279.28K
Cash Flow
Free Cash Flow	-744.89K	-453.92K	-477.83K	-718.89K	-76.30K	-51.47K
Operating Cash Flow	-560.75K	-453.92K	-477.54K	-314.68K	-76.30K	-51.47K
Investing Cash Flow	-571.69K	-1.35M	-1.73M	1.76M	0.00	0.00
Financing Cash Flow	474.75K	0.00	1.30M	―	0.00	242.80K

Torr Metals Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TMET, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.14, and above the 200-day MA of 0.13, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.94 is Neutral, neither overbought nor oversold. The STOCH value of 46.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TMET.

Torr Metals Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.37B	6.45	-0.08%	2.84%	3.09%	-36.03%
TMET	41 Neutral	C$6.35M	―	-157.27%	―	―	-27528.57%
RAGE	―	C$7.37M	―	-51.12%	―	―	―
KORE	42 Neutral	C$6.07M	―	-665.46%	―	―	-20.59%
USCU	36 Underperform	C$14.69M	―	-408.87%	―	―	27.19%
ADDY	34 Underperform	C$1.73M	―	-79.37%	―	―	-111.14%
FNAUF	―	$6.75M	―	-63.69%	―	―	―

Torr Metals Inc Corporate Events

Torr Metals Announces $2 Million Private Placement for Exploration

Torr Metals Inc. has announced a $2 million non-brokered private placement to fund its exploration activities, including a maiden drill program at the Kolos Copper-Gold Project in British Columbia. The proceeds will also support general working capital, with the offering subject to customary conditions and TSX Venture Exchange approval. This move is expected to bolster Torr Metals’ exploration capabilities and strengthen its position in the mining industry.

Torr Metals Expands Kolos Project with Strategic Acquisition of Bertha Property

Torr Metals Inc. has announced an option agreement to acquire the Bertha Property, which is contiguous to its Kolos Project, significantly expanding its land position in a region known for copper and gold occurrences. This strategic move enhances Torr’s exploration potential in a largely underexplored area, with historical high-grade copper findings and promising gold-silver targets, positioning the company favorably near major mining operations in British Columbia.

Torr Metals Completes Oversubscribed Private Placement to Fund Gold Exploration

Torr Metals Inc. successfully completed the final tranche of its oversubscribed non-brokered private placement, raising a total of $630,560. The proceeds will be used for the exploration and development of the Filion Gold Project, which has shown promising high-grade gold potential with untested soil anomalies. The funding enables Torr Metals to advance its exploration efforts, potentially leading to new discoveries that could enhance its regional operations.