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Usha Resources
(USHA)
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Rating:46Neutral
Price Target:
C$0.04
▼(-12.00% Downside)
Action:Reiterated
Date:08/02/26
The score is primarily held back by weak financial performance—no revenue, ongoing operating losses, and continued cash burn—despite a relatively conservative balance sheet with low debt and improved 2026 net income that is not supported by operating cash flow. Technicals add downside pressure with the stock trading below major moving averages, while valuation is constrained by a negative P/E and no dividend yield.
Positive Factors
Focused on battery & critical metals
A stated focus on lithium and battery/critical metals aligns the exploration pipeline with durable, structural demand drivers in electrification and energy storage. For a junior explorer this increases the odds of JV/option interest from majors and creates clearer pathways to asset monetization over months.
Negative Factors
Pre-revenue operating model
The absence of operating revenue means the company has not yet demonstrated commercial extraction or sales capability. Over a 2–6 month horizon this keeps the firm dependent on financing events and partner deals, increasing execution and dilution risk versus producers.
Read all positive and negative factors
Positive Factors
Negative Factors
Focused on battery & critical metals
A stated focus on lithium and battery/critical metals aligns the exploration pipeline with durable, structural demand drivers in electrification and energy storage. For a junior explorer this increases the odds of JV/option interest from majors and creates clearer pathways to asset monetization over months.
Read all positive factors
Usha Resources (USHA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$4.14M
Dividend YieldN/A
Average Volume (3M)34.49K
Price to Earnings (P/E)3.0
Beta (1Y)0.61
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees2
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)0.02
Shares Outstanding91,981,580
10 Day Avg. Volume11,155
30 Day Avg. Volume34,495
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.49
Price to Sales (P/S)0.00
P/FCF Ratio-36.52
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Usha Resources Business Overview & Revenue Model
Company Description
Usha Resources Ltd. is an enterprise primarily engaged in the acquisition and exploration of mineral assets. The company actively searches for deposits of precious metals and industrial minerals, specifically gold, nickel, copper, and cobalt. Its ...
How the Company Makes Money
Usha Resources’ business model is characteristic of a junior exploration issuer: it generally does not generate recurring revenue from product sales because it is primarily engaged in mineral exploration and evaluation rather than mining productio...
Usha Resources Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | Mar 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | -127.68K | 0.00 | 0.00 |
| EBITDA | -364.28K | 0.00 | -1.26M | -2.93M | -1.01M |
| Net Income | 1.38M | -162.51K | -3.43M | -2.98M | -942.44K |
Balance Sheet | |||||
| Total Assets | 10.91M | 8.94M | 5.67M | 6.94M | 2.39M |
| Cash, Cash Equivalents and Short-Term Investments | 255.37K | 530.35K | 1.15M | 2.54M | 1.17M |
| Total Debt | 483.26K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 714.28K | 239.63K | 436.18K | 101.62K | 90.51K |
| Stockholders Equity | 10.20M | 8.71M | 5.24M | 6.84M | 2.30M |
Cash Flow | |||||
| Free Cash Flow | -137.17K | -1.78M | -2.82M | -4.51M | -1.03M |
| Operating Cash Flow | -137.17K | -697.69K | -1.67M | -3.10M | -978.86K |
| Investing Cash Flow | -637.30K | -1.09M | -1.15M | -1.42M | -49.02K |
| Financing Cash Flow | 499.50K | 1.16M | 1.43M | 5.88M | 1.98M |
Usha Resources Technical Analysis
Negative
0.05
Price Trends
0.05
Negative
0.05
Negative
0.05
Negative
Market Momentum
>-0.01
Positive
41.57
Neutral
0.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:USHA, the sentiment is Negative. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.57 is Neutral, neither overbought nor oversold. The STOCH value of 0.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:USHA.
Usha Resources Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
46 Neutral | C$4.14M | 2.98 | -22.71% | ― | ― | ― | |
44 Neutral | C$5.46M | -6.22 | -50.89% | ― | ― | 95.54% | |
42 Neutral | C$3.09M | -8.04 | -37.15% | ― | ― | 77.51% | |
41 Neutral | C$2.13M | -2.02 | 260.72% | ― | ― | -76.79% | |
| ― | C$4.65M | -0.74 | -94.49% | ― | ― | 61.76% |
* Basic Materials Sector Average
TSE:USHA
Usha Resources
0.05
<0.01
12.50%
TSE:GLD
GoldON Resources
0.05
>-0.01
-10.00%
TSE:MTH
Mammoth Resources
0.02
>-0.01
-20.00%
TSE:PERU
Chakana Copper
0.12
0.05
64.29%
TSE:GSPR
GSP Resource
0.11
0.02
31.25%
TSE:GMC
Germanium Mining
0.23
0.13
125.00%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.