Bolt Metals (BOLT) AI Stock Analysis

• Market Cap: $949.13K
• Dividend Yield: N/A
• Average Volume (3M): 252.31K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.44
• Revenue Growth: N/A
• EPS Growth: 42.81%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 63,275,093
• 10 Day Avg. Volume: 218,937
• 30 Day Avg. Volume: 252,309
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.52
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -2.57
• Enterprise Value/Ebitda: -0.58
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 24 Underperform
• Price Target: ―

Bolt Metals faces significant financial and operational challenges, with no revenue generation and ongoing losses. Technical indicators suggest a bearish outlook, and the valuation metrics indicate potential overvaluation despite the low stock price. These factors contribute to a low overall stock score, reflecting high risk and poor investment prospects.

Bolt Metals Business Overview & Revenue Model

Company Description

Bolt Metals Corp., an exploration company, focuses on the acquisition and development of mineral properties for lithium-ion battery industry in Indonesia. Its flagship project is the Cyclops nickel-cobalt project covering an area of approximately 5,000 hectares with nine cobalt prospects located in Papua province, Indonesia. The company was formerly known as Pacific Rim Cobalt Corp. and changed its name to Bolt Metals Corp. in February 2020. Bolt Metals Corp. is headquartered in West Vancouver, Canada.

How the Company Makes Money

Bolt Metals makes money through the exploration and potential development of battery metals mining projects. The company generates revenue by selling extracted metals to manufacturers in the electric vehicle and energy storage industries. Additionally, Bolt Metals may engage in joint ventures, partnerships, or licensing agreements with other mining companies or manufacturers to further monetize its mineral resources. The company's earnings are also influenced by fluctuations in metal prices, exploration successes, and its ability to secure financing for its projects.

Bolt Metals Financial Statement Overview

Summary

Bolt Metals is in a challenging financial position, marked by no revenue generation and ongoing losses. The negative equity and cash flow issues underscore the high financial risk and operational difficulties the company faces. Immediate strategic changes and revenue generation are critical for sustainability.

Income Statement

The company has consistently reported zero revenue, indicating no sales activity. Net income remains negative, showing ongoing losses without improvement. The lack of revenue growth and persistent negative EBIT and EBITDA margins highlight severe operational challenges.

Balance Sheet

The balance sheet reveals a negative stockholders' equity, pointing to insolvency risks. The absence of debt is positive, but the significant liabilities compared to assets and negative equity ratio demonstrate financial instability.

Cash Flow

The cash flow statement shows negative operating and free cash flows, indicating cash outflows with no sign of improvement. However, the company has managed to secure financing, partially offsetting operational cash deficits.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-192.75K	0.00	-6.00	-18.00	―
EBITDA	-2.40M	-561.05K	-671.21K	-1.40M	-2.44M
Net Income	-2.42M	-595.53K	-761.25K	-1.48M	-2.56M
Balance Sheet
Total Assets	3.28M	293.09K	383.23K	871.37K	1.25M
Cash, Cash Equivalents and Short-Term Investments	88.81K	69.67K	153.47K	600.38K	395.94K
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.24M	1.60M	1.34M	1.01M	582.68K
Stockholders Equity	2.21M	-1.12M	-773.32K	51.29K	592.00K
Cash Flow
Free Cash Flow	-2.59M	-331.84K	-383.55K	-565.38K	-1.47M
Operating Cash Flow	-2.44M	-331.84K	-383.55K	-565.38K	-1.47M
Investing Cash Flow	-146.50K	0.00	-63.37K	-1.99K	-165.26K
Financing Cash Flow	2.61M	248.04K	0.00	771.81K	1.83M

Bolt Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BOLT, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.01, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.12 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BOLT.

Bolt Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SGML	50 Neutral	1.09B	-16.66	-47.88%	―	-25.68%	-637.02%
LAC	49 Neutral	2.14B	-26.36	―	―	―	―
LCE	40 Underperform	47.93M	-18.47	―	―	―	25.24%
LTH	30 Underperform	131.62M	-10.92	―	―	―	78.04%
BOLT	24 Underperform	$949.13K	―	-185.17%	―	―	42.81%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Bolt Metals Corporate Events

Bolt Metals Revises Quebec Flow-Through Offering

Bolt Metals Corp. has revised the terms of its Quebec Flow-Through private placement to offer up to 8,000,000 shares at CAD$0.16 each, aiming to raise up to CAD$1,280,000. The funds will be used for exploration expenses on the company’s Northwind Property in Quebec. This move reflects Bolt’s ongoing commitment to developing valuable mineral properties with significant growth potential.

Bolt Metals Positioned Amid Critical Minerals Crisis

Bolt Metals is strategically positioned to tackle the critical minerals crisis intensified by China’s export ban on key materials like antimony. With projects such as the New Britain Antimony Property in British Columbia, Bolt aims to secure stable supplies of these essential minerals, crucial for defense and technology advancements.

Bolt Metals Acquires Promising Northwind Property

Bolt Metals Corp. has secured an option to acquire a 100% interest in the Northwind property, strategically located in the Urban-Barry Gold Camp near significant gold discoveries like the Windfall deposit. The property features 53 claims with multiple drill-ready targets, making it an attractive opportunity for mineral exploration.

Bolt Metals Poised for Growth with Copper’s New Status

Bolt Metals Corp. is set to gain from the U.S. House of Representatives’ decision to designate copper as a critical mineral, enhancing the strategic value of its Soap Gulch project in Montana. This development promises to streamline permitting processes and provide federal support, facilitating Bolt’s efforts to meet domestic copper demand. With favorable geology, Soap Gulch could play a vital role in addressing the anticipated global copper supply gap.

Bolt Metals Announces Share Split and Trading Update

Bolt Metals Corp. has announced a stock split where each existing common share will be split into two new shares, effectively doubling the number of shares held by investors. Shareholders do not need to take any action, and the company’s shares will begin trading on a post-split basis on November 14, 2024.

Bolt Metals Announces Share Split and New Director

Bolt Metals Corp. is set to execute a forward split of its common shares, doubling the number of shares each shareholder holds, and enhancing market liquidity. The company has also secured a marketing agreement with 1502656 B.C LTD. to bolster its digital presence and data analytics capabilities. Additionally, the board of directors has welcomed Mr. Will Page as its new member, following the resignation of Mr. Sean Bromley.