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Forsys Metals (ARN) Price & Analysis

ARN Stock Chart & Stats

CA$0.41-CA$0.01(-3.57%)
At close: 4:00 PM EDT
CAD 0.4CAD 0.5CAD 0.64 Aug17 Aug31 Aug14 Sep28 Sep13 Oct26 Oct
Day’s Range
CAD 0.38 - CAD 0.41
52-Week Range
CAD 0.26 - CAD 0.66
Previous Close
CAD 0.42
Volume
N/A
Average Volume (3M)
265.80K
Market Cap
CAD 99.11M
Enterprise Value
CAD 93.92M
Total Cash (Recent Filing)
CAD 16.20M
Total Debt (Recent Filing)
CAD 0
Price to Earnings (P/E)
―
Beta
1.40
Next Earnings
Nov 18, 2026
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Debt-free Balance Sheet

A debt-free balance sheet reduces interest burden and refinancing exposure, giving Forsys greater financial flexibility while it advances its uranium assets. The sizable equity and asset base provide resources to support technical, permitting, and development work without immediate leverage pressure.

Uranium Project Development Focus

The company has a defined strategic focus on uranium development in Namibia rather than an unfocused portfolio of activities. Continued permitting, feasibility, and technical work can preserve project advancement and maintain exposure to future uranium-sector opportunities.

Improving Cash-flow Trend

Although cash flow remains negative, the improvement from prior years indicates some moderation in the pace of cash deterioration. If sustained, better cash discipline could extend the company’s available resources and reduce the urgency of securing external capital.

Bears Say

No Operating Revenue

The absence of revenue means Forsys has not demonstrated commercial operating scale or a recurring source of self-generated funding. Until a project reaches production or another revenue stream emerges, financial performance remains dependent on capital resources rather than operating cash generation.

Persistent Unprofitability

Repeated net and operating losses show that the current business remains structurally unprofitable. Continued deficits can reduce the company’s capital base over time, limit reinvestment capacity, and make successful project advancement increasingly dependent on financing or asset-level progress.

Ongoing Cash Burn

Negative operating and free cash flow indicate that Forsys consumes cash to sustain its activities rather than funding them internally. This raises the importance of existing resources and external financing, while prolonged burn could constrain technical, permitting, and development execution.

Forsys Metals News

ARN FAQ

What was Forsys Metals’s price range in the past 12 months?
Forsys Metals lowest stock price was C$0.26 and its highest was C$0.66 in the past 12 months.
What is Forsys Metals’s market cap?
Forsys Metals’s market cap is C$99.11M.
When is Forsys Metals’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
Is Forsys Metals overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Forsys Metals pay dividends?
Forsys Metals does not currently pay dividends.
What is Forsys Metals’s EPS estimate?
Forsys Metals’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Forsys Metals have?
Forsys Metals has 244,725,460 shares outstanding.
Which hedge fund is a major shareholder of Forsys Metals?
Currently, no hedge funds are holding shares in TSE:ARN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology