Vulcan Minerals (VUL) AI Stock Analysis

• Market Cap: C$27.15M
• Dividend Yield: N/A
• Average Volume (3M): 60.06K
• Price to Earnings (P/E): 120.0
• Beta (1Y): 1.19
• 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: 129,309,270
• 10 Day Avg. Volume: 60,780
• 30 Day Avg. Volume: 60,058
• PEG Ratio: -0.13
• Price to Book (P/B): 0.39
• Price to Sales (P/S): 108.18
• P/FCF Ratio: -31.22
• 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: 51 Neutral
• Price Target: C$0.23 ▲(25.56% Upside)

The score is held back primarily by weak fundamentals (limited revenue scale, negative operating profitability, and persistent negative operating/free cash flow), despite a low-risk balance sheet. Technicals are supportive due to a clear uptrend, but overbought signals add risk. Valuation is also a headwind with a very high P/E and no dividend yield data.

Positive Factors

Balance Sheet Strength

Effectively zero debt materially lowers financial risk for an exploration company, reducing default and interest burdens. This gives management flexibility to pursue drilling and permitting over the next 2-6 months without near-term solvency pressure, supporting continuity of operations.

Equity-Funded Capital Base

A sizable, stable equity base provides a durable funding mechanism for capital-intensive exploration activities without reliance on bank leverage. Over multiple quarters this reduces refinancing risk and preserves cash runway, enabling sustained project advancement albeit with potential dilution if capital is raised.

Strategic Focus on Critical Minerals

Concentration on lithium and other critical minerals aligns the company with long-term structural demand from electrification and battery supply chains. This strategic positioning enhances relevance to markets and partners, supporting sustained interest and potential funding over the coming months to years.

Negative Factors

Negative Operating and Free Cash Flow

Persistent negative operating and free cash flow indicate ongoing cash burn that is not yet offset by operations. This reduces intrinsic resilience, forces reliance on external capital, and can dilute shareholders or constrain exploration pace if financing becomes more costly or limited over the medium term.

Very Small, Flat Revenue Base

Stagnant, minimal revenue leaves the company exposed to project and market execution risk: no meaningful operating scale exists to cover fixed costs. Over 2-6 months this limits ability to achieve operating leverage and makes progress dependent on successful capital raises or non-recurring gains.

Weak Core Profitability and Earnings Quality

Deep operating losses despite a TTM net income improvement point to low earnings quality and likely one-time items or accounting effects. Without sustained operating margin recovery, reported profits are fragile and unlikely to persist, undermining long-term cash generation and investor confidence.

Vulcan Minerals Business Overview & Revenue Model

Company Description

Vulcan Minerals Inc., a mineral exploration company, engages in acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador. It primarily explores for copper, gold, nickel, cobalt, salt, and gypsum deposits. The company owns interests in the Colchester copper gold project located in north-central Newfoundland; and Red Cross Lake nickel/copper/cobalt/gold project in central Newfoundland. It also holds a 100% interest in mineral licenses covering a portion of the Bay St. George Basin in Western Newfoundland; and the Villa Marie quartzite project located to the west of St. John's, Newfoundland and Labrador. Vulcan Minerals Inc. was incorporated in 1995 and is headquartered in St. John's, Canada.

How the Company Makes Money

Vulcan Minerals makes money through the exploration and development of mineral properties, which can lead to the discovery of economically viable mineral deposits. The company generates revenue by selling or leasing its mineral rights, entering joint ventures or strategic partnerships with other mining companies, and through option agreements that provide upfront payments or royalties. Additionally, Vulcan Minerals may raise funds through equity financing to support its exploration activities. The company's earnings are significantly influenced by the successful discovery and commercialization of its mineral assets, fluctuating commodity prices, and its ability to manage exploration risks effectively.

Vulcan Minerals Financial Statement Overview

Summary

Vulcan Minerals struggles with no revenue and consistent net losses, posing significant risks. While its balance sheet shows strong equity with minimal debt, the cash flow situation is concerning due to negative free cash flow and poor cash flow ratios.

Income Statement

Vulcan Minerals shows a consistent lack of revenue generation over the years with no recorded revenue in either annual or TTM periods. The company has experienced significant net losses, with a negative trend in net income from TTM data compared to previous periods. This lack of revenue and profitability poses significant risks.

Balance Sheet

Vulcan Minerals maintains a strong equity position with no significant debt, as shown by the absence of total debt in the TTM period. The equity ratio is robust, indicating a solid financial foundation. However, the declining trend in stockholders' equity and total assets may be a concern for long-term sustainability.

Cash Flow

The company has negative free cash flow, which has deteriorated significantly in the TTM period compared to previous years, indicating poor cash flow management. Operating cash flow is negative, and the free cash flow to net income ratio is unfavorable, highlighting ongoing cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	149.39K	149.39K	0.00	0.00	0.00	0.00
Gross Profit	-7.01K	-9.32K	-6.43K	-5.83K	-5.76K	-6.40K
EBITDA	-864.70K	-486.77K	-446.13K	-1.23M	-1.97M	-398.14K
Net Income	256.82K	-1.49M	-774.88K	-2.76M	34.04M	-352.46K
Balance Sheet
Total Assets	44.41M	45.25M	47.45M	47.73M	49.30M	2.99M
Cash, Cash Equivalents and Short-Term Investments	5.06M	5.62M	6.47M	6.15M	5.45M	1.19M
Total Debt	0.00	0.00	30.00K	30.00K	28.54K	27.15K
Total Liabilities	3.03M	3.32M	3.78M	4.13M	4.19M	304.66K
Stockholders Equity	41.38M	41.92M	43.67M	43.61M	45.11M	2.24M
Cash Flow
Free Cash Flow	-581.25K	-517.62K	-191.28K	-332.58K	-1.49M	-472.49K
Operating Cash Flow	-577.75K	-501.56K	-190.00K	-318.26K	-1.48M	-262.43K
Investing Cash Flow	-4.82M	-1.67M	-2.76M	-275.59K	-9.19M	96.92K
Financing Cash Flow	0.00	27.60K	1.26M	1.29M	14.93M	1.03M

Vulcan Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.18
• 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:VUL, the sentiment is Positive. The current price of 0.18 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.19, and above the 200-day MA of 0.14, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 67.24 is Neutral, neither overbought nor oversold. The STOCH value of 56.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:VUL.

Vulcan Minerals 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%
BEX	58 Neutral	C$26.85M	―	0.18%	―	―	―
LIT	53 Neutral	C$30.95M	-2.62	-24.07%	―	―	76.16%
VUL	51 Neutral	C$27.15M	120.00	0.62%	―	―	―
NAM	49 Neutral	C$27.80M	-505.56	-2.46%	―	―	56.72%
AJN	46 Neutral	C$22.89M	-6.25	―	―	―	64.44%
EMN	40 Underperform	C$24.99M	-0.99	-277.75%	―	36.37%	21.97%

Vulcan Minerals Corporate Events

Vulcan Minerals Expands Colchester Copper-Gold Project with Promising Drilling Results

Vulcan Minerals Inc. has provided an update on its Colchester Copper-Gold project in Central Newfoundland, highlighting the results of recent drilling activities. The drilling program has successfully extended the known mineralization zone by 150 meters to the southwest, with significant copper and gold findings that enhance the project’s potential. This expansion could strengthen Vulcan’s position in the mining sector and offer promising opportunities for stakeholders.