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First Tellurium Corp
(FTEL)
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Rating:42Neutral
Price Target:
C$0.20
▲(1.00% Upside)
Action:Reiterated
Date:10/09/26
The score is held down primarily by weak financial performance (pre-revenue profile with persistent losses and ongoing cash burn), which increases financing/dilution risk despite some balance-sheet repair in 2026. Technical indicators add a modestly negative bias due to price trading below key moving averages and an RSI below 50. Valuation offers limited support because the company is loss-making (negative P/E) and no dividend yield is provided.
Positive Factors
Balance-sheet repair
The 2026 increase in assets and return to positive shareholder equity improve the company’s financial base after prior-period weakness. This repair can support continued project advancement and provides more flexibility than the negative-equity position reported in earlier periods.
Negative Factors
Pre-revenue business
Zero reported revenue indicates First Tellurium has not yet established a commercial operating base. Without recurring sales, future value depends on advancing mineral properties and securing monetization or financing, leaving earnings visibility and self-funded growth limited.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet repair
The 2026 increase in assets and return to positive shareholder equity improve the company’s financial base after prior-period weakness. This repair can support continued project advancement and provides more flexibility than the negative-equity position reported in earlier periods.
Read all positive factors
First Tellurium Corp (FTEL) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$28.34M
Dividend YieldN/A
Average Volume (3M)77.60K
Price to Earnings (P/E)―
Beta (1Y)0.33
Revenue GrowthN/A
EPS Growth-12.50%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.02
Shares Outstanding134,954,800
10 Day Avg. Volume42,099
30 Day Avg. Volume77,596
Financial Highlights & Ratios
PEG Ratio-1.35
Price to Book (P/B)35.73
Price to Sales (P/S)0.00
P/FCF Ratio-14.89
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
First Tellurium Corp Business Overview & Revenue Model
Company Description
First Tellurium Corp. operates as a Canadian enterprise primarily engaged in identifying, acquiring, and assessing mineral resource sites. Its core exploration efforts target a range of valuable commodities, including silver, tellurium, gold, copp...
How the Company Makes Money
First Tellurium Corp’s ability to generate operating revenue is not clearly documented in publicly available, consistently verifiable sources. As an exploration-stage mining company, its economic model is typically oriented around advancing minera...
First Tellurium Corp Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
33
Negative
Cash Flow
18
Very Negative
| Breakdown | Jul 2026 | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -112.69K | -100.26K | -80.72K | -11.16K | -7.96K |
| EBITDA | -2.05M | -1.79M | -2.14M | -1.94M | -1.85M |
| Net Income | -2.36M | -1.93M | -2.29M | -1.98M | -1.92M |
Balance Sheet | |||||
| Total Assets | 1.99M | 1.47M | 988.09K | 1.71M | 1.47M |
| Cash, Cash Equivalents and Short-Term Investments | 273.70K | 213.87K | 12.60K | 193.84K | 1.01M |
| Total Debt | 413.56K | 894.20K | 887.24K | 182.00K | 188.89K |
| Total Liabilities | 1.31M | 1.83M | 2.35M | 550.23K | 401.11K |
| Stockholders Equity | 754.01K | -315.72K | -1.34M | 1.18M | 1.06M |
Cash Flow | |||||
| Free Cash Flow | -1.81M | -1.77M | -1.10M | -2.35M | -2.28M |
| Operating Cash Flow | -1.24M | -1.60M | -1.02M | -2.25M | -2.19M |
| Investing Cash Flow | -1.34M | -847.05K | -80.41K | -99.44K | -150.13K |
| Financing Cash Flow | 2.64M | 2.65M | 920.51K | 1.54M | 3.35M |
First Tellurium Corp Technical Analysis
Negative
0.20
Price Trends
0.23
Negative
0.25
Negative
0.21
Negative
Market Momentum
<0.01
Positive
39.67
Neutral
56.98
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FTEL, the sentiment is Negative. The current price of 0.2 is below the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.23, and below the 200-day MA of 0.21, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 39.67 is Neutral, neither overbought nor oversold. The STOCH value of 56.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FTEL.
First Tellurium Corp Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | C$17.91M | -35.71 | -4.82% | ― | ― | -80.00% | |
48 Neutral | C$215.75M | -7.15 | -646.20% | ― | ― | -293.62% | |
48 Neutral | C$158.90M | -221.28 | -1.88% | ― | ― | 82.85% | |
44 Neutral | C$23.80M | -43.15 | -3.40% | ― | ― | -125.21% | |
44 Neutral | C$35.52M | -8.68 | -43.60% | ― | ― | -26.50% | |
42 Neutral | C$28.34M | -10.63 | 295.83% | ― | ― | -12.50% |
* Basic Materials Sector Average
TSE:FTEL
First Tellurium Corp
0.21
-0.02
-10.64%
TSE:FYL
Finlay Minerals
0.11
-0.03
-22.22%
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Honey Badger Exploration
0.87
0.63
255.10%
TSE:KFR
Kingfisher Metals
1.01
0.71
236.67%
TSE:ALEX
Alpha Exploration Ltd.
0.40
-0.19
-32.20%
TSE:CLCO
Culico Metals Inc.
0.44
0.17
62.96%
First Tellurium Corp Corporate Events
Business Operations and StrategyProduct-Related Announcements
First Tellurium Secures Global Patent Filings for PyroDelta Clean Energy Technology
Positive
Sep 8, 2026
First Tellurium Corp., a Vancouver-based developer of tellurium-based technologies and mineral projects, operates at the intersection of advanced materials and clean energy applications. The company is publicly listed on the Canadian Securities Ex...
Business Operations and StrategyRegulatory Filings and Compliance
First Tellurium Secures Global Patent Filings for PyroDelta Clean Energy Technology
Positive
Sep 8, 2026
First Tellurium Corp. has advanced national phase patent filings for PyroDelta Energy Corp.’s clean energy and capillary casting technologies in key jurisdictions, including Canada, China, Europe, Japan, South Korea, and the United States. T...
Business Operations and StrategyProduct-Related Announcements
First Tellurium Subsidiary PyroDelta Spotlighted for Tellurium-Based Waste Heat Power Tech
Positive
Sep 4, 2026
First Tellurium’s subsidiary PyroDelta Energy has gained additional industry attention after being featured in Metal Tech News for its tellurium-enhanced thermoelectric generators. The technology is designed to convert waste heat from AI dat...
Business Operations and StrategyProduct-Related Announcements
First Tellurium Subsidiary Spotlighted as Tellurium Gains Strategic Role in Clean Energy
Positive
Sep 2, 2026
First Tellurium’s majority-owned subsidiary PyroDelta Energy has been profiled in a Discovery Alert article that underscores tellurium’s scarcity and rising strategic value in clean energy and advanced technology. The piece highlights ...
Business Operations and StrategyProduct-Related Announcements
First Tellurium’s PyroDelta Nears Flight Test for Heavy-Lift Long-Range UAV
Positive
Aug 27, 2026
First Tellurium’s subsidiary PyroDelta Energy is finalizing a next-generation heavy-lift coaxial UAV designed to weigh about 150 pounds and carry a 300-pound payload, for a total all-up weight of 450 pounds over two hours. The aircraft uses ...
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.