Tartisan Nickel Corp (TN) AI Stock Analysis

• Market Cap: C$19.65M
• Dividend Yield: N/A
• Average Volume (3M): 17.54K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.65
• Revenue Growth: N/A
• EPS Growth: 6.12%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Industrial Materials
• EPS (TTM): -0.02
• Shares Outstanding: 130,996,780
• 10 Day Avg. Volume: 13,710
• 30 Day Avg. Volume: 17,537
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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: C$0.45
• Price Target Upside: 200.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Tartisan Nickel Corp's stock score is driven by severe financial performance challenges, including zero revenue and persistent losses. The technical indicators suggest weak momentum, and the valuation is negatively impacted by the absence of profitability and dividends. However, recent corporate events offer potential growth opportunities in mineral exploration, providing a glimmer of hope for future improvements.

Tartisan Nickel Corp Business Overview & Revenue Model

Company Description

Tartisan Nickel Corp is a Canadian mineral exploration and development company. The company primarily focuses on the acquisition, exploration, and development of base and precious metal properties, with a particular emphasis on nickel, copper, and cobalt. Tartisan Nickel Corp's flagship property is the Kenbridge Nickel Project located in Ontario, Canada, which is a significant source of nickel sulphide mineralization.

How the Company Makes Money

Tartisan Nickel Corp makes money primarily through the exploration and development of its mineral properties, which are focused on nickel and other base metals. The company generates revenue by discovering and developing mineral resources that can be sold or leased to larger mining companies or by eventually bringing the properties into production. Key revenue streams include the sale of extracted minerals, partnerships or joint ventures with other mining companies, and potentially receiving royalties or fees from the development of its properties. The company's earnings are significantly influenced by factors such as commodity prices, extraction and production costs, and the successful development and commercialization of its mineral projects.

Tartisan Nickel Corp Financial Statement Overview

Summary

Tartisan Nickel Corp faces significant financial challenges, with zero revenue generation and persistent losses. While the balance sheet shows a debt-free position, equity is declining, and cash flow management remains a concern. There is a need for strategic initiatives to improve revenue streams and operational efficiency.

Income Statement

Tartisan Nickel Corp has reported zero revenue consistently, reflecting significant challenges in generating sales. Net income is negative, indicating ongoing losses, and margins such as EBIT and EBITDA are negative, highlighting profitability issues. The lack of revenue growth signifies stagnation.

Balance Sheet

The company maintains a strong equity position with no debt, reflecting stability in its balance sheet. However, the declining stockholders' equity over the years suggests challenges in maintaining asset growth. The high equity ratio indicates a strong reliance on equity financing.

Cash Flow

Operating cash flow is negative, highlighting cash management issues, but there is a slight improvement in TTM. Free cash flow remains negative, indicating cash outflows are higher than inflows. The company relies heavily on financing activities to support operations.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	-3.29K	-1.02K
	EBIT
-1.63M	-1.03M	-872.20K	-1.95M	-569.84K
	EBITDA
-3.30M	-6.53M	-872.20K	-1.95M	-569.02K
	Net Income Common Stockholders
-3.30M	-5.95M	-1.10M	11.26M	-835.25K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.15M	3.56M	11.30M	14.30M	908.00
	Total Assets
13.54M	14.97M	20.02M	17.65M	3.72M
	Total Debt
3.29K	5.04K	0.00	71.74K	0.00
	Net Debt
1.80K	-233.00	-385.56K	50.54K	-908.00
	Total Liabilities
1.18M	427.50K	1.08M	721.74K	230.37K
	Stockholders Equity
12.36M	14.54M	18.94M	16.93M	3.49M
Cash Flow		Free Cash Flow
-1.80M	-3.48M	-5.75M	-1.41M	―
	Operating Cash Flow
-906.66K	-1.07M	-1.00M	-858.27K	-569.93K
	Investing Cash Flow
235.26K	-567.87K	-280.55K	24.49K	406.63K
	Financing Cash Flow
667.60K	1.26M	1.65M	854.07K	173.18K

Tartisan Nickel Corp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TN, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.16, and below the 200-day MA of 0.19, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.16 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TN.

Tartisan Nickel Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NWC	80 Outperform	C$2.51B	18.23	18.85%	2.86%	4.23%	6.08%
Sector *	49 Neutral	$1.93B	-1.47	-21.02%	3.74%	0.80%	-29.57%
FPX	40 Underperform	C$74.01M	―	-4.25%	―	―	48.82%
TN	37 Underperform	C$19.65M	―	-22.48%	―	―	6.12%

Tartisan Nickel Corp Corporate Events

Tartisan Nickel Corp. Advances Kenbridge Project with New Exploration Initiatives

Tartisan Nickel Corp. has announced the launch of a Greenfields exploration program and an airborne geophysics program at its Kenbridge Nickel-Copper-Cobalt Project in northwestern Ontario. These initiatives aim to enhance the understanding of the subsurface geology and identify potential mineralization, supporting the company’s strategy to expand its resource base in response to growing demand for critical minerals in the electric vehicle and renewable energy sectors. The Kenbridge Project is strategically located in a region known for critical mineral deposits, and Tartisan is committed to responsible exploration and stakeholder engagement.

Spark’s Take on TSE:TN Stock

According to Spark, TipRanks’ AI Analyst, TSE:TN is a Underperform.

Tartisan Nickel Corp is currently facing substantial financial challenges, reflected in its zero revenue and persistent losses. The stock exhibits a negative valuation with no dividend yield, and technical indicators suggest a downward trend. However, recent corporate events indicate potential future growth opportunities in mineral exploration, which could improve long-term prospects.

To see Spark’s full report on TSE:TN stock, click here.

Tartisan Nickel Completes Key Road Access for Kenbridge Project

Tartisan Nickel Corp. has completed Phase 1 of the construction of an all-season access road for the Kenbridge Nickel Project, marking a significant milestone in improving logistics and reducing costs. The new road enhances the project’s accessibility, allowing for more efficient transportation of people and equipment, which is expected to positively impact project economics and support future expansion plans.

Spark’s Take on TSE:TN Stock

According to Spark, TipRanks’ AI Analyst, TSE:TN is a Underperform.

Tartisan Nickel Corp’s stock faces challenges primarily due to poor financial performance, characterized by zero revenue and negative cash flows. Despite a stable balance sheet with no debt, the declining equity and lack of profitability weigh heavily on the stock. Technical indicators show some short-term recovery, but long-term trends remain negative. Valuation concerns persist with a negative P/E ratio and no dividend yield. However, recent corporate events highlight potential growth opportunities in mineral exploration, offering a glimmer of hope for future improvements.

To see Spark’s full report on TSE:TN stock, click here.

Tartisan Nickel Corp. Unveils Promising Survey Results at Turtle Pond Project

Tartisan Nickel Corp. has completed an initial data interpretation from a helicopter-borne geophysical survey at its Turtle Pond Knight Danger nickel-copper-platinum project in Ontario. The survey revealed promising anomalies that suggest potential for significant mineral deposits, and the company plans further data interpretation to identify drill targets and refine exploration strategies. Tartisan remains committed to responsible exploration, emphasizing environmental stewardship and community engagement.