Aston Bay Holdings (BAY) AI Stock Analysis

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Aston Bay Holdings

(TSXV:BAY)

Select Model

Rating:47Neutral

Price Target:CAD 0.06▲(6.67% Upside)

Action:reiterated

Date:10/16/26

The score is primarily constrained by weak financial performance: the company is pre-revenue with ongoing losses, negative free cash flow, and negative equity in TTM despite zero reported debt. Technical indicators are mixed-to-neutral with modest positive MACD and price holding above longer-term averages, providing limited support. Valuation is difficult to justify on earnings given the negative P/E and no dividend yield data.

Positive Factors

Debt-Free PositionThe absence of reported debt limits mandatory interest and principal payments, reducing one source of financial risk during exploration. This gives Aston Bay more flexibility to direct available capital toward geological work and project advancement, although it does not remove broader funding needs.

Negative Factors

Pre-Revenue BusinessAston Bay has no operating revenue base to absorb exploration and corporate costs, so financial performance depends on funding availability and project progress rather than recurring sales. This weakens earnings visibility and makes future results highly dependent on successful asset advancement or monetization.

Aston Bay Holdings (BAY) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 15.18M
Dividend Yield: ―
Average Volume (3M): 315.04K
Price to Earnings (P/E): -7.1
Beta (1Y): 0.87
Revenue Growth: ―
EPS Growth: -110.00%
Country: Canada
Employees: 0
Sector: General
Sector Strength: 55
Industry: Industrial Materials

Aston Bay Holdings Business Overview & Revenue Model

Company Description

Aston Bay Holdings Ltd. is a mining company engaged in the acquisition, exploration, and development of mineral resources across North America. The firm seeks out deposits rich in copper, lead, zinc, gold, silver, and other precious metals. Among its...

How the Company Makes Money

Aston Bay Holdings does not generally generate recurring operating revenue in the way a producer or service business does; its primary economic model is typical of an exploration-stage mining company. If specific, current revenue figures are not publ...

Aston Bay Holdings Financial Statement Overview

Summary

Financials reflect an early-stage, pre-revenue profile (revenue is 0 across periods) with persistent losses and negative EBIT/EBITDA. Cash burn is consistent and worsening in TTM (operating cash flow about -1.80M; free cash flow similarly negative), indicating ongoing funding needs. While reported debt is 0 (FY2026 and TTM) and losses have improved versus prior years, shrinking assets and negative equity in TTM reduce financial flexibility.

Income Statement

12Very Negative

Balance Sheet

28Negative

Cash Flow

14Very Negative

Financial statement breakdown
Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	0	0	0	-83.33K	-24.98K	0
EBITDA	-2.13M	-2.23M	-3.78M	-3.07M	-454.67K	-52.27K
Net Income	-2.12M	-1.32M	-1.96M	-3.29M	-725.00K	-1.73M
Balance Sheet
Total Assets	106.93K	293.64K	1.51M	665.23K	203.72K	266.06K
Cash, Cash Equivalents and Short-Term Investments	29.64K	85.29K	1.43M	552.89K	3,751	56.39K
Total Debt	0	0	0	644.78K	782.23K	515.82K
Total Liabilities	258.44K	141.81K	170.33K	1.06M	2.27M	1.59M
Stockholders Equity	-151.51K	151.83K	1.34M	-393.44K	-2.07M	-1.32M
Cash Flow
Free Cash Flow	-1.80M	-1.34M	-2.41M	-2.46M	-221.55K	-940.19K
Operating Cash Flow	-1.80M	-1.34M	-2.41M	-2.46M	-221.55K	-940.19K
Investing Cash Flow	0	0	0	0	0	0
Financing Cash Flow	0	0	3.28M	3.02M	229.30K	976.38K

Aston Bay Holdings Technical Analysis

Technical Analysis SentimentNegative

Last Price0.06

Price Trends

50DMA0.06Negative

100DMA0.05Positive

200DMA0.06Positive

Market Momentum

MACD-0.00Positive

RSI44.53Neutral

STOCH38.56Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BAY, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.06, and above the 200-day MA of 0.06, indicating a neutral trend. The MACD of -0.00 indicates Positive momentum. The RSI at 44.53 is Neutral, neither overbought nor oversold. The STOCH value of 38.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:BAY.

Aston Bay Holdings Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:BAY against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:BKM	48Neutral	CAD 73.58M	-28.69	-819.84%	―	―	-139.63%
TSE:BAY	47Neutral	CAD 15.18M	-7.14	-563.83%	―	―	-110.00%
TSE:ABR	42Neutral	CAD 5.57M	-9.82	-3.30%	―	―	-1450.00%
TSE:AUME	39Underperform	CAD 13.76M	-12.82	-11.62%	―	―	―

* General Sector Average

Performance Comparison

TSE:BAY and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:BAY	Aston Bay Holdings	0.06	0.00	0.00%
TSE:BKM	Pacific Booker Minerals	3.75	2.80	294.74%
TSE:ABR	Arbor Metals Corp.	0.06	-0.13	-69.44%
TSE:AUME	Kintavar Exploration Inc.	0.06	-0.02	-26.67%

Aston Bay Holdings Corporate Events

Business Operations and Strategy

Aston Bay Maps New Near-Surface Copper Targets at Nunavut Epworth Project

Positive

Aug 27, 2026

Aston Bay Holdings has identified a series of large, near-surface copper targets at its Epworth Copper-Silver Project in Nunavut through integrated 3D magnetic vector and resistivity inversion modelling. The work has mapped a basin-scale plumbing sys...

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 16, 2026

Aston Bay Holdings AI Stock Analysis

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