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Appia Energy
(API)
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Rating:54Neutral
Price Target:
C$0.23
▲(15.00% Upside)
Action:Reiterated
Date:08/17/26
The score is held back primarily by weak financial performance (pre-revenue operations and ongoing cash burn), despite a strong no-debt balance sheet. Technicals are a near-term positive with strong momentum, but overbought readings temper that strength. Valuation is a further drag due to the very high P/E and lack of dividend support.
Positive Factors
Debt-Free Balance Sheet
Zero reported debt and rising equity/assets give Appia financial flexibility to fund exploration without debt-service pressure. This stronger capitalization can support multi-period geological programs and reduce balance-sheet fragility while projects remain pre-revenue.
Negative Factors
Pre-Revenue Business Model
Revenue has remained zero across annual periods and TTM, so the company lacks an operating sales base to validate its projects. Until exploration converts into a producing asset or other revenue source, results remain dependent on capital availability and execution.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
Zero reported debt and rising equity/assets give Appia financial flexibility to fund exploration without debt-service pressure. This stronger capitalization can support multi-period geological programs and reduce balance-sheet fragility while projects remain pre-revenue.
Read all positive factors
Appia Energy (API) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$38.00M
Dividend YieldN/A
Average Volume (3M)90.28K
Price to Earnings (P/E)―
Beta (1Y)1.29
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees1
SectorEnergy
Sector Strength52
IndustryUranium
Share Statistics
EPS (TTM)<0.01
Shares Outstanding194,869,690
10 Day Avg. Volume34,052
30 Day Avg. Volume90,282
Financial Highlights & Ratios
PEG Ratio0.86
Price to Book (P/B)1.17
Price to Sales (P/S)0.00
P/FCF Ratio-104.61
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Appia Energy Business Overview & Revenue Model
Company Description
Appia Rare Earths & Uranium Corp. is a Canadian entity primarily engaged in the acquisition, exploration, development, and assessment of mineral assets across Canada. The company's core focus lies in identifying and advancing deposits rich in uran...
How the Company Makes Money
Appia Energy’s revenue model is not publicly available in the provided prompt, and the company is primarily described as an exploration-stage issuer rather than an operating producer. null...
Appia Energy Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
74
Positive
Cash Flow
30
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -130.65K |
| EBITDA | -827.12K | -666.92K | -1.16M | -2.62M | -2.13M | -1.18M |
| Net Income | -77.54K | -766.42K | -1.28M | -2.15M | -2.44M | -1.28M |
Balance Sheet | ||||||
| Total Assets | 35.77M | 31.41M | 28.42M | 27.89M | 25.65M | 17.80M |
| Cash, Cash Equivalents and Short-Term Investments | 4.55M | 1.30M | 319.50K | 2.19M | 4.30M | 7.84M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 3.85M | 4.23M | 3.25M | 3.12M | 2.51M | 2.51M |
| Stockholders Equity | 31.92M | 27.21M | 25.16M | 24.77M | 23.14M | 15.29M |
Cash Flow | ||||||
| Free Cash Flow | -524.30K | -304.16K | -860.30K | -1.08M | -2.59M | -864.16K |
| Operating Cash Flow | -524.30K | -304.16K | -856.56K | -1.07M | -2.42M | 6.17K |
| Investing Cash Flow | -873.26K | -1.65M | -2.50M | -4.42M | -11.25M | -5.45M |
| Financing Cash Flow | 4.70M | 2.94M | 1.48M | 3.38M | 10.13M | 11.52M |
Appia Energy Technical Analysis
Negative
0.20
Price Trends
0.17
Positive
0.17
Positive
0.18
Negative
Market Momentum
<0.01
Positive
47.57
Neutral
32.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:API, the sentiment is Negative. The current price of 0.2 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.17, and above the 200-day MA of 0.18, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.57 is Neutral, neither overbought nor oversold. The STOCH value of 32.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:API.
Appia Energy Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
54 Neutral | C$38.00M | -1,750.00 | -0.25% | ― | ― | ― | |
47 Neutral | C$21.71M | -8.20 | -419.37% | ― | ― | 7.75% | |
45 Neutral | C$50.30M | -6.07 | -18.36% | ― | 256.01% | 54.85% | |
43 Neutral | C$11.27M | -2.68 | -15.29% | ― | ― | 11.95% | |
40 Underperform | C$4.05M | -1.25 | -34.24% | ― | ― | 30.13% | |
38 Underperform | C$28.58M | -3.15 | -236.98% | ― | ― | -88.45% |
* Energy Sector Average
TSE:API
Appia Energy
0.18
0.02
12.90%
TSE:AAZ
Azincourt Uranium
0.04
-0.11
-73.33%
TSE:BSK
Blue Sky Uranium
0.05
0.00
0.00%
TSE:PTU
Purepoint Uranium
0.36
-0.09
-20.00%
TSE:WUC
Western Uranium
0.63
-0.17
-21.25%
TSE:STND
Standard Uranium
0.08
-0.03
-25.00%
Appia Energy Corporate Events
Business Operations and Strategy
Appia Confirms REE-Bearing Monazite and Wraps 2026 Drilling at Alces Lake
Positive
Aug 6, 2026
Appia Rare Earths Uranium has completed its 2026 summer diamond drill program at the Alces Lake rare earth property in northern Saskatchewan, drilling six holes totaling 1,440.87 meters across several targets and visually identifying rare earth e...
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.