Monterey Minerals Inc (UX) AI Stock Analysis

• Market Cap: C$1.94M
• Dividend Yield: N/A
• Average Volume (3M): 10.52K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.21
• Revenue Growth: N/A
• EPS Growth: 52.24%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 32,390,434
• 10 Day Avg. Volume: 6,226
• 30 Day Avg. Volume: 10,517
• PEG Ratio: 0.03
• Price to Book (P/B): -16.48
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.46
• 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: 49 Neutral
• Price Target: C$0.07 ▲(133.33% Upside)

The score is primarily constrained by weak financial performance (no revenue, ongoing losses, negative operating/free cash flow, and negative equity), which increases financing and dilution risk. Technicals are a notable offset with strong momentum and price strength above major moving averages, but valuation remains unattractive due to losses and no dividend support.

Positive Factors

Low Leverage

Total debt of roughly $29K and a downward debt trend reduce structural interest and refinancing pressures. Low leverage gives the company greater balance-sheet flexibility to fund development-stage activities, lowering the chance that debt servicing alone forces distress.

Narrowing Losses

Reported net losses narrowed to -$0.6M in 2024 from -$0.8M in 2023, indicating improving operating performance and tighter cost control. A sustained trend of narrowing losses can extend runway, reduce future financing needs and signal management execution on structural expense levers.

Tangible Asset Base

Total assets of about $117K provide a tangible base for a development-stage firm. While modest, these assets support continuity of operations, can be used as collateral for financing, or monetized if necessary, offering structural downside protection versus zero-asset peers.

Negative Factors

No Revenue

The company reports no revenue in the provided periods, indicating absence of commercial traction or recurring cash inflows. Over the medium term this elevates execution risk: progress depends on R&D or development milestones and repeated external funding to sustain operations.

Negative Shareholders' Equity

Negative stockholders' equity across 2022–2024 is a structural solvency concern that limits borrowing capacity and strategic options. Persistent negative equity increases creditor and dilution risk, impairing financial flexibility and investor confidence over months to years.

Consistent Cash Burn

Operating and free cash flow are persistently negative (operating CF ~ -$0.6M in 2024), showing no self-funding capacity. Ongoing cash burn necessitates repeated external financing, structurally increasing dilution risk and limiting the company's ability to invest in long-term growth initiatives.

Monterey Minerals Inc Business Overview & Revenue Model

Company Description

Puranium Energy Ltd. operates as a uranium exploration company in Canada, Australia, and the Philippines. The company has 85% interests in the seven exclusive prospecting licenses covering an area of 93,514 hectares located in Namibia, Africa. It holds a 100% interest in the Cobalt Mountain property covering an area of approximately 4,921 hectares located in the Omineca mining division of Northwest British Columbia; and has an option to purchase a 100% interest in Haines Property comprising 35 minerals claims located in Ontario, Canada. The company was formerly known as Monterey Minerals Inc. and changed its name to Puranium Energy Ltd. in March 2022. Puranium Energy Ltd. is headquartered in Vancouver, Canada.

How the Company Makes Money

Monterey Minerals Inc Financial Statement Overview

Summary

Financial statements indicate a development-stage profile with no revenue, recurring net losses, and consistently negative operating/free cash flow. While total debt is modest, stockholders’ equity is negative in 2022–2024, which is a significant solvency and financing-risk flag despite some narrowing of losses versus 2022.

Income Statement

The company reports no revenue across all provided annual periods, while gross profit remains negative and operating losses persist. Net losses are sizable and recurring (e.g., -$0.6M in 2024 vs. -$0.8M in 2023), showing continued cash burn with no clear path to profitability. A positive is that losses have narrowed materially versus the much larger loss year in 2022, but overall earnings quality and business traction remain very weak.

Balance Sheet

Leverage is not the primary issue in absolute terms (total debt is modest at ~$29K in 2024), but the capital structure is strained: stockholders’ equity is negative in 2022–2024 (and was near-zero in 2019), which is a meaningful solvency red flag and limits financial flexibility. Total assets (~$117K in 2024) provide some base, and debt has trended down from 2022–2024, but the negative equity position and historical volatility in equity levels remain key risks.

Cash Flow

Operating and free cash flow are consistently negative each year, indicating ongoing funding needs to sustain operations (2024 operating cash flow about -$0.6M vs. -$0.2M in 2023). While free cash flow closely tracks net income (loss) in most years, there is no evidence of self-funding capacity or improving cash generation. The main positive is that cash burn was lower than the peak outflow seen in 2022, but the overall cash profile remains weak and volatile.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-14.89K	-9.93K	-80.02K	-12.93K	-17.14K	-17.14K
EBITDA	-708.11K	-553.93K	-776.80K	-3.49M	-1.25M	-1.19M
Net Income	-737.54K	-563.51K	-782.06K	-3.47M	-1.35M	-6.27M
Balance Sheet
Total Assets	26.05K	117.26K	89.64K	144.60K	1.04M	508.96K
Cash, Cash Equivalents and Short-Term Investments	14.77K	73.97K	24.96K	34.24K	836.02K	386.94K
Total Debt	10.00K	29.47K	38.60K	46.76K	11.68K	116.71K
Total Liabilities	294.02K	211.12K	714.78K	253.90K	61.02K	357.74K
Stockholders Equity	-229.44K	-55.33K	-586.97K	-75.78K	977.72K	151.22K
Cash Flow
Free Cash Flow	-210.74K	-623.93K	-185.09K	-1.02M	-574.00K	-1.58M
Operating Cash Flow	-210.74K	-623.93K	-185.09K	-1.02M	-574.00K	-1.58M
Investing Cash Flow	0.00	0.00	0.00	0.00	174.37K	255.18K
Financing Cash Flow	-28.90K	689.98K	151.93K	215.83K	915.72K	1.58M

Monterey Minerals Inc Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:UX, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.05, and below the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 65.29 is Neutral, neither overbought nor oversold. The STOCH value of 8.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:UX.

Monterey Minerals Inc 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%
UX	49 Neutral	C$1.94M	-4.69	-595.42%	―	―	52.24%
QNI	49 Neutral	C$2.98M	-0.24	-166.29%	―	―	-1500.15%
ION	48 Neutral	C$3.10M	-1.57	-189.13%	―	―	-70.83%
GEMC	45 Neutral	C$2.37M	-3.65	-15.45%	―	―	38.06%

Monterey Minerals Inc Corporate Events

Puranium Energy to Consolidate Shares on One-for-Two Basis

Puranium Energy Ltd., a Canadian resource exploration company focused on energy-related opportunities and listed on the CSE and Frankfurt exchanges, has announced a consolidation of its common shares on a one-for-two basis. The move, which will halve the number of issued and outstanding shares from about 32.4 million to roughly 16.2 million, is subject to approval by the Canadian Securities Exchange and will be accompanied by new CUSIP and ISIN identifiers but no change to the company’s name or trading symbols. Outstanding stock options will be proportionately adjusted, and fractional shares will either be cancelled or rounded up, a capital-structure move that may improve the stock’s tradability and position the company more competitively in the market.

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