Usha Resources (USHA) AI Stock Analysis

• Market Cap: $2.75M
• Dividend Yield: N/A
• Average Volume (3M): 92.03K
• Price to Earnings (P/E): 9.7
• Beta (1Y): 0.09
• 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): N/A
• Shares Outstanding: 91,581,590
• 10 Day Avg. Volume: 17,571
• 30 Day Avg. Volume: 92,030
• 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: 1.23
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -41.47
• Enterprise Value/Ebitda: -3.52
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: ―

Usha Resources faces ongoing profitability and cash flow challenges despite recent revenue growth. Its financial stability is supported by a strong equity position and no debt. However, technical indicators show weak momentum, and valuation metrics are unattractive due to negative earnings. Improving operational efficiency and cash management are crucial for the company's long-term sustainability.

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 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	-81.19K	-127.68K	0.00	―	―	―
EBITDA	-955.40K	-1.26M	0.00	0.00	0.00	0.00
Net Income	-162.51K	-3.43M	-2.98M	-942.44K	-467.62K	-178.96K
Balance Sheet
Total Assets	8.94M	5.67M	6.94M	2.39M	1.20M	591.52K
Cash, Cash Equivalents and Short-Term Investments	530.35K	1.15M	2.54M	1.17M	221.76K	427.53K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	239.63K	436.18K	101.62K	90.51K	101.29K	54.31K
Stockholders Equity	8.71M	5.24M	6.84M	2.30M	1.10M	537.20K
Cash Flow
Free Cash Flow	-1.78M	-2.82M	-4.51M	-1.03M	-877.79K	-210.36K
Operating Cash Flow	-697.69K	-1.67M	-3.10M	-978.86K	-394.74K	-199.47K
Investing Cash Flow	-1.09M	-1.15M	-1.42M	-49.02K	-483.06K	-10.89K
Financing Cash Flow	1.16M	1.43M	―	1.98M	672.02K	461.19K

Usha Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.37 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:USHA.

Usha Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TLO	48 Neutral	C$468.79M	-115.28	―	―	―	-56.52%
USHA	46 Neutral	$2.75M	9.68	3.09%	―	―	―
NPR	44 Neutral	C$38.83M	-5.47	―	―	―	9.10%
VUL	40 Underperform	C$21.98M	-60.71	―	―	―	86.00%
LCE	40 Underperform	C$47.93M	-18.47	―	―	―	25.24%
NILI	36 Underperform	C$50.86M	-5.75	―	―	―	21.13%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Usha Resources Corporate Events

Usha Resources Prepares for Southern Arm Drilling

Usha Resources has received an Intervention Permit from the Ministere des Resources Naturelles et des Forets, allowing it to begin preparations for its maiden drill program at the Southern Arm Copper-Gold VMS property. This development marks a significant step forward as the company focuses on exploring high-priority zones by early 2025. Usha Resources is also exploring additional opportunities to enhance shareholder value through new copper and gold project acquisitions.