Voltage Metals Corp (VOLT) AI Stock Analysis

• Market Cap: C$1.66M
• Dividend Yield: N/A
• Average Volume (3M): 167.99K
• Price to Earnings (P/E): 4.5
• Beta (1Y): 1.79
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 110,644,610
• 10 Day Avg. Volume: 94,193
• 30 Day Avg. Volume: 167,990
• PEG Ratio: 0.07
• Price to Book (P/B): -1.66
• Price to Sales (P/S): 5.53
• P/FCF Ratio: -3.06
• 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: 45 Neutral
• Price Target: C$0.02 ▲(50.00% Upside)

The score is primarily constrained by weak financial performance (persistent losses, ongoing cash burn, and negative equity with debt). Technicals are only neutral and do not offset the fundamental risk, while the low P/E provides limited support given the company’s strained financial profile.

Positive Factors

Battery-metals exposure

Voltage’s strategic focus on nickel, copper, cobalt and PGE targets a multi-year structural trend driven by electrification and battery supply chains. That sector alignment provides durable demand tailwinds and long‑term optionality for discoveries to gain commercial interest or JV partners.

Improving cash burn trend

Year‑over‑year reduction in cash burn indicates improving operating discipline and a modestly extended runway. While still negative, the trend reduces immediate refinancing pressure and improves chances of funding near‑term exploration or securing partner support without urgent dilutive raises.

Early-stage exploration optionality

Owning and advancing early-stage claims creates high optionality: successful drill results can be monetized via farm‑outs, JV deals or project sales. The model preserves upside with relatively low fixed overhead compared with advanced developers, supporting scalable value creation if targets prove viable.

Negative Factors

Stressed balance sheet

Negative equity and material debt materially constrain financial flexibility and raise refinancing and dilution risk. This structural weakness limits the company’s ability to fund sustained exploration or capitalize on opportunities without external capital, affecting solvency risk over months.

Negative operating cash flow

Persistent negative operating and free cash flow means operations do not self‑fund, forcing repeated reliance on financings or partners. Even with improved burn, continued outflows are a durable constraint that can dilute existing holders and limit strategic optionality over the medium term.

Declining, very small revenue and losses

Very small and falling revenue combined with ongoing net losses indicate no durable path to operating profitability. Inconsistent margins and limited revenue base weaken the company’s ability to fund exploration internally or secure favorable financing, increasing long‑term execution risk.

Voltage Metals Corp Business Overview & Revenue Model

Company Description

Voltage Metals Corp., a mineral exploration company, engages in acquisition and exploration of mineral properties in Canada. The company primarily explores for nickel, copper, cobalt, and platinum group elements. Its flagship project is the St. Laurent project covering an area of 4,170 hectares located in St. Laurent Township, Northern Ontario. The company was formerly known as Mansa Exploration Inc. Voltage Metals Corp. was incorporated in 2016 and is headquartered in Toronto, Canada.

How the Company Makes Money

Voltage Metals Corp generates revenue through the exploration, extraction, and sale of metal commodities. The company identifies and develops mining projects that contain valuable mineral deposits, which are then extracted and processed into marketable products. These metals are sold on global commodity markets or directly to industrial clients involved in manufacturing and technology production. Revenue is significantly influenced by metal prices, demand fluctuations in the energy and technology industries, and the company's operational efficiency in mining and processing activities. Additionally, partnerships with other mining companies, joint ventures, and strategic alliances may contribute to its earnings by providing access to additional resources, technology, or markets.

Voltage Metals Corp Financial Statement Overview

Summary

Financials indicate elevated risk: very small and declining revenue, continued net losses, negative operating/free cash flow, and a stressed balance sheet with negative equity and meaningful debt—implying reliance on external financing despite some improvement versus 2023.

Income Statement

Revenue is very small and declined in 2024 (200k vs 241k in 2023; -17% growth). Profitability remains weak with losses continuing in 2024 (net income -282k) despite improvement versus 2023 (-625k). Margins are inconsistent and, overall, the company has not demonstrated a durable path to operating profitability.

Balance Sheet

The balance sheet is stressed by negative equity in 2024 (-668k) and meaningful debt (about 1.01M), which limits financial flexibility and raises refinancing/dilution risk. Assets are modest (779k) relative to the capital structure, and leverage metrics are distorted by the negative equity position—still indicating elevated balance-sheet risk despite some year-to-year movement in debt levels.

Cash Flow

Cash generation is weak with operating cash flow negative in 2024 (-361k) and free cash flow also negative (-361k), though the cash burn improved versus 2023 (-848k). Cash flow trends remain volatile across years, and ongoing negative operating cash flow suggests continued reliance on external funding to sustain operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	200.00K	200.00K	241.00K	0.00	0.00	0.00
Gross Profit	200.00K	200.00K	241.00K	0.00	0.00	0.00
EBITDA	402.97K	-147.38K	-36.55K	-4.49M	4.00K	-81.08K
Net Income	268.08K	-281.74K	-624.77K	-6.26M	-929.44K	-81.08K
Balance Sheet
Total Assets	1.13M	779.00K	606.72K	469.12K	202.37K	833.45K
Cash, Cash Equivalents and Short-Term Investments	674.04K	307.85K	233.16K	209.75K	119.09K	364.18K
Total Debt	1.08M	1.01M	381.32K	345.32K	309.32K	0.00
Total Liabilities	1.55M	1.45M	995.10K	1.01M	597.65K	117.30K
Stockholders Equity	-417.27K	-667.72K	-388.38K	-545.00K	3.94M	716.15K
Cash Flow
Free Cash Flow	522.05K	-361.31K	-847.92K	-1.61M	-341.42K	-215.97K
Operating Cash Flow	522.05K	-361.31K	-847.92K	-1.61M	-210.45K	-215.97K
Investing Cash Flow	0.00	0.00	130.96K	1.66M	-42.86K	0.00
Financing Cash Flow	0.00	500.00K	740.36K	0.00	900.13K	543.78K

Voltage Metals Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.01
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:VOLT, the sentiment is Positive. The current price of 0.01 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.01, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.69 is Neutral, neither overbought nor oversold. The STOCH value of 200.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:VOLT.

Voltage Metals Corp 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%
GBML	48 Neutral	C$1.32M	-1.41	-15.38%	―	―	41.13%
POWR	47 Neutral	C$2.89M	-8.51	-296.73%	―	―	94.19%
VOLT	45 Neutral	C$1.66M	4.55	―	―	―	―
QBAT	45 Neutral	C$2.78M	-2.58	-14.59%	―	―	-36.33%
RFLX	44 Neutral	C$1.83M	-0.55	-673.26%	―	―	-20.88%
COS	39 Underperform	C$1.84M	―	―	―	―	―