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Beyond Minerals, Inc. (TSE:BY)
:BY
Canadian Market

Beyond Minerals, Inc. (BY) AI Stock Analysis

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Beyond Minerals, Inc.

(BY)

Rating:20Underperform
Price Target:
Beyond Minerals, Inc. demonstrates significant financial instability with consistent losses and negative cash flows. Its technical indicators suggest a bearish trend, and its valuation metrics show financial distress with a negative P/E ratio. The lack of earnings call and corporate events data limits additional insights. Overall, the stock is in a precarious position, reflecting substantial risks and limited appeal to investors.

Beyond Minerals, Inc. (BY) vs. iShares MSCI Canada ETF (EWC)

Beyond Minerals, Inc. Business Overview & Revenue Model

Company DescriptionBeyond Lithium Inc. engages in the acquisition, development, and exploration of mineral properties in Canada. The company explores for lithium and other base metal properties. It holds a 100% interest in the Eastchester-Fabie-Trudeau property, which comprises various non-contiguous mining claims located in northwest of Rouyn-Noranda, Quebec; Peggy Group Lithium Property comprising various mining claims covering an area of 7,386 hectare located in north of Sioux Lookout, Ontario; and North Trout Lake Lithium Property comprising various contiguous mining claims covering an area of 3,490 hectare located in Sandy Lake, Ontario. The company was formerly known as Beyond Minerals Inc. and changed its name to Beyond Lithium Inc. in May 2023. The company was incorporated in 2019 and is headquartered in Winnipeg, Canada.
How the Company Makes MoneyBeyond Minerals, Inc. generates revenue through the extraction and sale of minerals. The company's key revenue streams include the sale of raw mineral resources to industrial clients and manufacturers who use these materials for production purposes. Additionally, Beyond Minerals may form strategic partnerships or joint ventures with other mining companies or technology firms to enhance its extraction capabilities and expand its market reach. The company's earnings are influenced by factors such as mineral market prices, extraction efficiency, and operational costs.

Beyond Minerals, Inc. Financial Statement Overview

Summary
Beyond Minerals, Inc. faces significant financial challenges, with no revenue generation and consistent losses impacting the income statement. The balance sheet shows liabilities are low, but declining equity is concerning. The cash flow statement reflects negative cash flows from operations, relying heavily on external financing to sustain operations. Overall, the company is in a precarious financial position with substantial risks.
Income Statement
5
Very Negative
Beyond Minerals, Inc. has reported no revenue over the past years, indicating no active operations or sales. The company consistently reports negative EBIT and net income, suggesting ongoing operational losses.
Balance Sheet
20
Very Negative
The company has maintained a low level of liabilities with no debt, which is a positive aspect. However, the declining stockholders' equity and negative equity in previous years highlight financial instability and potential risks.
Cash Flow
10
Very Negative
Beyond Minerals, Inc. exhibits negative operating and free cash flow, reflecting cash outflows without any offsetting inflows from operations. Positive financing cash flows indicate reliance on external funding.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
0.000.000.000.000.000.00
EBIT
-4.17M-6.22M-439.73K-263.07K-25.67K-1.00K
EBITDA
-194.93K387.04K-439.73K-263.07K-25.67K-1.00K
Net Income Common Stockholders
-3.63M-5.84M-439.73K-263.07K-25.67K-1.00K
Balance SheetCash, Cash Equivalents and Short-Term Investments
138.91K76.29K351.22K466.51K8.67K0.00
Total Assets
454.62K428.97K403.57K522.49K10.96K0.00
Total Debt
40.53K0.000.000.000.000.00
Net Debt
-20.70K-76.29K-351.22K-466.51K-8.67K0.00
Total Liabilities
230.02K207.20K26.17K34.49K21.91K1.00K
Stockholders Equity
224.60K221.76K377.40K488.00K-10.95K-1.00K
Cash FlowFree Cash Flow
-2.63M-3.58M-430.29K-193.42K-7.05K-20.00
Operating Cash Flow
-2.63M-3.58M-430.29K-193.42K-7.05K-20.00
Investing Cash Flow
0.000.000.000.000.000.00
Financing Cash Flow
1.79M3.31M315.00K651.26K15.72K20.00

Beyond Minerals, Inc. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.04
Price Trends
50DMA
0.04
Negative
100DMA
0.04
Negative
200DMA
0.04
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
41.33
Neutral
STOCH
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BY, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.33 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 Negative sentiment for TSE:BY.

Beyond Minerals, Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
50
Neutral
$2.00B-1.13-21.16%3.71%2.15%-30.95%
TSBY
20
Underperform
C$1.73M-1474.55%61.63%
TSPGP
C$239.12K
TSMYR
13
Underperform
C$1.51M-118.58%71.60%
$337.15K-511.64%
$156.58K
$404.16K-101.65%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:BY
Beyond Minerals, Inc.
0.03
-0.09
-75.00%
TSE:PGP
Power Group Projects Corp
0.02
-0.08
-80.00%
TSE:MYR
Meryllion Resources
0.03
0.00
0.00%
PCRCF
Bolt Metals
0.01
-0.14
-93.33%
RRMLF
Ross River Minerals
0.02
0.00
0.00%
WALRF
MegaWatt Lithium and Battery Metals
0.01
-0.11
-91.67%

Beyond Minerals, Inc. Corporate Events

Beyond Lithium Completes $250,000 Private Placement
Dec 31, 2024

Beyond Lithium Inc. has successfully closed a private placement, raising $250,000 through the issuance of 5,000,000 units. The company plans to use the proceeds for general corporate and working capital purposes, while also engaging in strategic partnerships to advance their lithium exploration projects.

Beyond Lithium Finalizes Agreements and Plans Expansion
Dec 2, 2024

Beyond Lithium Inc. has finalized amendments to its property option agreements and completed debt settlement transactions, paving the way for expansion into the critical mineral sector. The company plans to raise up to $500,000 through a private placement of shares. These strategic moves aim to strengthen Beyond Lithium’s financial standing and diversify its project portfolio.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.