Aftermath Silver (AAG) AI Stock Analysis

Aftermath Silver

(TSXV:AAG)

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Rating:47Neutral

Price Target:CAD 0.38▼(-1.54% Downside)

Action:upgraded

Date:10/31/26

The score is constrained primarily by zero revenue, worsening losses, and continued cash burn. Weak technical positioning and a negative P/E further reduce the score, while the debt-free balance sheet and oversold momentum indicators provide only limited support.

Positive Factors

Debt-free balance sheetThe absence of debt reduces interest expense and refinancing pressure while giving the company greater flexibility to direct capital toward exploration and project studies. This cleaner financial structure may help it manage development uncertainty better than a highly leveraged peer.

Negative Factors

No operating revenueThe absence of revenue means Aftermath currently lacks an operating cash engine from producing assets, leaving its financial performance dependent on exploration progress and outside funding. Until a project reaches production or another monetization stage, earnings visibility remains structurally limited.

Aftermath Silver (AAG) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 100.80M
Dividend Yield: ―
Average Volume (3M): 692.95K
Price to Earnings (P/E): -5.7
Beta (1Y): 3.59
Revenue Growth: ―
EPS Growth: -32.94%
Country: Canada
Employees: 0
Sector: Basic Materials
Sector Strength: 61
Industry: Industrial Materials

Aftermath Silver Business Overview & Revenue Model

Company Description

Aftermath Silver Ltd. operates as an exploration-phase enterprise, actively engaged in acquiring, investigating, and developing mineral properties. The company primarily targets deposits containing silver, gold, and copper. Its portfolio includes int...

How the Company Makes Money

Aftermath Silver is an exploration-stage company and, based on publicly available information, it does not appear to generate recurring operating revenue from producing mines. Instead, it typically funds operations through financing activities such a...

Aftermath Silver Financial Statement Overview

Summary

Financial performance is very weak: zero revenue, recurring losses, and persistent negative operating and free cash flow outweigh the relatively stable, debt-free balance sheet.

Income Statement

4Very Negative

Balance Sheet

58Neutral

Cash Flow

8Very Negative

Financial statement breakdown
Breakdown	TTM	Aug 2026	Aug 2025	Aug 2024	Aug 2022	May 2021
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	-19.16K	-19.16K	-14.68K	-2.84M	-16.80K	-1.35M
EBITDA	-19.01M	-18.71M	-14.01M	-5.26M	-5.44M	240.07K
Net Income	-18.83M	-18.83M	-14.16M	-7.12M	-8.50M	-6.13M
Balance Sheet
Total Assets	49.21M	49.21M	41.56M	32.13M	32.27M	36.93M
Cash, Cash Equivalents and Short-Term Investments	21.79M	21.79M	13.71M	4.33M	4.09M	11.74M
Total Debt	0	0	3.96M	7.36M	6.71M	507.96K
Total Liabilities	1.76M	1.76M	5.19M	8.22M	7.20M	10.77M
Stockholders Equity	47.45M	47.45M	36.37M	23.92M	25.06M	26.16M
Cash Flow
Free Cash Flow	-14.21M	-14.21M	-11.32M	-5.42M	-6.89M	-9.04M
Operating Cash Flow	-14.18M	-14.18M	-11.31M	-5.41M	-5.68M	-3.82M
Investing Cash Flow	1.25M	1.25M	-9.40M	-135.23K	-5.21M	-5.22M
Financing Cash Flow	26.10M	26.10M	24.99M	5.78M	12.16M	17.81M

Aftermath Silver Technical Analysis

Technical Analysis SentimentNegative

Last Price0.39

Price Trends

50DMA0.64Negative

100DMA0.66Negative

200DMA0.78Negative

Market Momentum

MACD-0.06Positive

RSI26.74Positive

STOCH14.39Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AAG, the sentiment is Negative. The current price of 0.39 is below the 20-day moving average (MA) of 0.51, below the 50-day MA of 0.64, and below the 200-day MA of 0.78, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 26.74 is Positive, neither overbought nor oversold. The STOCH value of 14.39 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:AAG.

Aftermath Silver Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

TSE:AAG against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TSE:SLV	63Neutral	CAD 14.58M	-11.08	-4.71%	―	―	-5.88%
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
TSE:AAG	47Neutral	CAD 136.50M	-5.72	-50.69%	―	―	-32.94%
TSE:AGX	42Neutral	CAD 195.05M	47.25	7.81%	―	108.81%	―
TSE:GRSL	40Underperform	CAD 129.80M	-12.69	-28.52%	―	―	-128.55%
TSE:BHS	38Underperform	CAD 18.80M	-2.62	-590.93%	―	―	-13.57%

* Basic Materials Sector Average

Performance Comparison

TSE:AAG and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:AAG	Aftermath Silver Ltd.	0.39	-0.31	-44.29%
TSE:BHS	Bayhorse Silver	0.04	-0.02	-30.77%
TSE:AGX	Silver X Mining Corp.	0.68	0.20	40.21%
TSE:GRSL	Gr Silver Mining Ltd.	0.25	0.02	7.30%
TSE:SLV	Silver Dollar Resources, Inc.	0.20	-0.09	-31.58%

Aftermath Silver Corporate Events

Business Operations and Strategy

Aftermath Silver Advances Berenguela Prefeasibility Study and Extends Challacollo Drilling

Positive

Aug 25, 2026

Aftermath Silver reported that its Prefeasibility Study for the Berenguela silver-copper-manganese project remains on schedule and budget for early 2027, supported by infill, geotechnical and hydrogeological drilling and metallurgical testwork that r...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 31, 2026

Aftermath Silver AI Stock Analysis