Usha Resources (USHA) AI Stock Analysis

• Market Cap: C$5.95M
• Dividend Yield: N/A
• Average Volume (3M): 34.49K
• Price to Earnings (P/E): 11.5
• Beta (1Y): 0.86
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 91,581,590
• 10 Day Avg. Volume: 11,155
• 30 Day Avg. Volume: 34,495
• PEG Ratio: 0.22
• Price to Book (P/B): 0.39
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.90
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: C$0.05 ▼(-8.00% Downside)

The score is held back primarily by weak financial performance: no revenue, ongoing losses, and negative free cash flow despite improvement and a low-debt balance sheet. Technicals are supportive with strong bullish momentum, and valuation appears moderate based on the provided P/E, but does not outweigh the fundamental cash-burn risk.

Usha Resources Business Overview & Revenue Model

Company Description

Usha Resources Ltd. operates as a mineral acquisition and exploration company. It explores for gold, nickel, copper, and cobalt deposits. The company holds 100% interests in the Jackpot Lake property that comprise 140 mineral claims covering an area of approximately 2800 acres located in Jackpot Lake, Nevada; and 85% interests in the Nicobat property situated in Ontario, Canada. It also has an option to acquire 100% interests in the Lost Basin project consisting of 133 mineral claims located in Arizona, the United States. The company was incorporated in 2018 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Usha Resources makes money through the exploration and development of mineral properties, which involves acquiring promising mineral assets and conducting geological assessments to evaluate their potential. The company's primary revenue streams include the sale or joint ventures of mineral properties, royalties from developed projects, and potentially selling extracted resources. Significant partnerships with larger mining firms or investors can provide financial backing and expertise, enhancing the company's ability to explore and develop its assets. Additionally, securing funding through public or private placements of its stock offers further capital to support its exploration activities.

Usha Resources Financial Statement Overview

Summary

Usha Resources shows potential growth with recent revenue generation. However, profitability remains a challenge with negative EBIT and net income margins. The company's strong equity position and lack of debt provide stability, but cash flow management needs improvement.

Income Statement

Usha Resources showed a significant revenue increase in the TTM despite historical periods of no revenue, indicating potential growth. However, the company is still experiencing negative EBIT and net income margins, suggesting ongoing profitability challenges.

Balance Sheet

The company maintains a strong equity position with no debt, reflected in a debt-to-equity ratio of 0. The equity ratio is solid, highlighting financial stability. However, the lack of revenue and profit impacts return metrics like ROE.

Cash Flow

Usha Resources has negative free cash flow and operating cash flow in the TTM, indicating cash management challenges. However, the company has successfully raised funds through financing activities, which supports liquidity.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	-127.68K	0.00	0.00	―
EBITDA	-686.90K	0.00	-1.26M	-2.93M	-1.01M	-467.63K
Net Income	271.27K	-162.51K	-3.43M	-2.98M	-942.44K	-467.62K
Balance Sheet
Total Assets	9.09M	8.94M	5.67M	6.94M	2.39M	1.20M
Cash, Cash Equivalents and Short-Term Investments	409.19K	530.35K	1.15M	2.54M	1.17M	221.76K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	242.99K	239.63K	436.18K	101.62K	90.51K	101.29K
Stockholders Equity	8.85M	8.71M	5.24M	6.84M	2.30M	1.10M
Cash Flow
Free Cash Flow	-1.64M	-1.78M	-2.82M	-4.51M	-1.03M	-877.79K
Operating Cash Flow	-542.53K	-697.69K	-1.67M	-3.10M	-978.86K	-394.74K
Investing Cash Flow	-1.09M	-1.09M	-1.15M	-1.42M	-49.02K	-483.06K
Financing Cash Flow	982.48K	1.16M	1.43M	5.88M	1.98M	672.02K

Usha Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:USHA, the sentiment is Positive. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.93 is Neutral, neither overbought nor oversold. The STOCH value of 68.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:USHA.

Usha Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
COCO	57 Neutral	C$8.60M	13.30	23.04%	―	―	―
USHA	54 Neutral	C$5.95M	11.45	3.09%	―	―	―
PEX	53 Neutral	C$16.91M	-1.58	-82.13%	―	―	1.73%
GLD	49 Neutral	C$5.98M	-18.52	-40.98%	―	―	79.47%
DOS	47 Neutral	C$4.43M	-1.13	-71.01%	―	―	-1966.67%
AMZ	43 Neutral	C$4.06M	-8.77	-25.74%	―	―	98.11%

Usha Resources Corporate Events

Totec Upsizes Financing as It Acquires Usha’s White Willow Property in Qualifying Transaction

Totec Resources and Usha Resources have provided supplemental disclosure on their planned qualifying transaction under TSX Venture Exchange rules, whereby Totec will acquire Usha’s interest in 1540359 B.C. Ltd. and, indirectly, the 489 mineral claims comprising the White Willow Property in Ontario’s Thunder Bay Mining Division. Under the deal, Totec will pay Usha $50,000 and issue 5.5 million post-consolidation shares at a deemed price of $0.15, while Subco’s concurrent financing has been upsized to raise up to $4.5 million through 30 million units, each with a share and a two‑year warrant; the transaction, involving overlapping management but no control persons, is not treated as a related party or non‑arm’s length qualifying transaction and does not require disinterested shareholder approval, with Totec’s shares remaining halted until exchange requirements are met.

The most recent analyst rating on (TSE:USHA) stock is a Hold with a C$0.07 price target. To see the full list of analyst forecasts on Usha Resources stock, see the TSE:USHA Stock Forecast page.

Usha Resources Announces Leadership Change and Strategic Project Updates

Usha Resources Ltd. announced the resignation of Navin Kumar Varshney as a Director, acknowledging his significant contributions since co-founding the company in 2018. Varshney played a crucial role in advancing the White Willow Lithium-Tantalum Project and other key acquisitions. Despite his resignation, he will continue to advise the company. Additionally, Usha is proceeding with the sale of 489 mineral claims from the White Willow project to Totec Resources Ltd., while retaining ownership of other properties within the project. The company also decided to advance the Jackpot Lake property independently, following the expiration of a proposed sale agreement with Stardust Power Inc.

Usha Resources Completes Acquisition of Rubidium Ridge Property

Usha Resources Ltd. has completed the acquisition of a 100% interest in the Rubidium Ridge Property in Ontario by issuing 400,000 common shares to the vendors. This acquisition enhances Usha’s strategic positioning in the mineral exploration industry, particularly in the development of critical metal properties, and potentially offers significant benefits to stakeholders through increased diversification and expansion potential.

Usha Resources Announces $500,000 Private Placement to Boost Capital

Usha Resources Ltd. announced its intention to complete a non-brokered private placement of up to $500,000 through the issuance of convertible debentures, subject to TSX Venture Exchange approval. The proceeds from this placement will be used for general working capital, potentially impacting the company’s operational capabilities and market positioning by providing additional financial resources.

Usha Resources and Totec Resources Finalize Agreement for Strategic Mining Transaction

Usha Resources Ltd. and Totec Resources Ltd. have entered into a definitive agreement for a qualifying transaction involving the acquisition of Subco, a subsidiary of Usha holding the White Willow Property. This transaction is expected to position the resulting issuer as a Tier 2 Mining Issuer on the TSX Venture Exchange, potentially enhancing its market presence and operational capabilities. The completion of this transaction is contingent upon regulatory approvals, financing, and other customary conditions.

Usha Resources Announces Director Resignation

Usha Resources Ltd. announced the resignation of Ram Kumar from its board of directors, effective immediately. This change in leadership may impact the company’s strategic direction as it continues to focus on its mineral acquisition and exploration activities, particularly in the critical metals sector.