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Global Atomic
(TSX:GLO)
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Rating:47Neutral
Price Target:
C$0.36
▼(-41.94% Downside)
Action:Reiterated
Date:09/24/26
The score is held down primarily by weak operating fundamentals and poor cash flow quality (persistent cash burn and deteriorating free cash flow), alongside a clearly negative price trend. The very low leverage and growing equity base provide financial stability, but valuation remains only neutral given the company is not yet demonstrating consistent, self-funding profitability.
Positive Factors
Very low leverage
Very low leverage reduces financial risk and preserves flexibility while Global Atomic advances its uranium project. A limited debt burden also lowers refinancing pressure and leaves more capacity to fund development or withstand operating volatility without excessive creditor constraints.
Negative Factors
Persistent operating cash burn
Persistent negative operating cash flow means the business is not yet self-funding its activities, while sharply negative free cash flow points to substantial ongoing cash requirements. This can increase reliance on existing cash or external financing as project spending continues over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Very low leverage reduces financial risk and preserves flexibility while Global Atomic advances its uranium project. A limited debt burden also lowers refinancing pressure and leaves more capacity to fund development or withstand operating volatility without excessive creditor constraints.
Read all positive factors
Global Atomic (GLO) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$226.58M
Dividend YieldN/A
Average Volume (3M)2.95M
Price to Earnings (P/E)22.3
Beta (1Y)1.87
Revenue Growth23.84%
EPS GrowthN/A
CountryCA
Employees600
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.02
Shares Outstanding604,213,200
10 Day Avg. Volume3,438,171
30 Day Avg. Volume2,949,679
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.74
Price to Sales (P/S)220.83
P/FCF Ratio-2.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.60Price Target Upside-3.23% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)-0.01
Revenue Forecast (FY)C$500.00K
Global Atomic Business Overview & Revenue Model
Company Description
Global Atomic Corporation is an enterprise primarily engaged in the discovery, assessment, and advancement of uranium projects in Niger. A significant holding for the company is its Dasa uranium deposit, located in the Republic of Niger, in which ...
How the Company Makes Money
Global Atomic’s business model has historically combined (1) cash-generating ownership interests in metals recycling with (2) development of a uranium mining project intended to become the company’s primary long-term value and revenue driver.
1) ...
Global Atomic Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
74
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 996.95K | 1.09M | 859.34K | 690.00K | 1.15M | 957.72K |
| Gross Profit | 793.56K | 875.50K | 614.39K | 417.56K | 888.20K | 805.43K |
| EBITDA | -10.24M | -6.86M | -7.81M | -9.39M | -7.62M | -3.93M |
| Net Income | 7.57M | -22.81M | 7.74M | -16.60M | -18.52M | -8.35M |
Balance Sheet | ||||||
| Total Assets | 441.57M | 359.19M | 273.88M | 177.60M | 110.26M | 93.60M |
| Cash, Cash Equivalents and Short-Term Investments | 29.99M | 13.12M | 18.67M | 24.86M | 8.40M | 34.18M |
| Total Debt | 4.39M | 2.96M | 6.79M | 9.74M | 670.13K | 272.94K |
| Total Liabilities | 28.15M | 33.06M | 26.76M | 19.41M | 8.75M | 2.90M |
| Stockholders Equity | 413.02M | 325.80M | 246.66M | 157.76M | 101.08M | 90.70M |
Cash Flow | ||||||
| Free Cash Flow | -117.97M | -100.40M | -55.83M | -40.51M | -28.16M | -5.00M |
| Operating Cash Flow | -1.27M | -6.28M | -6.24M | -5.33M | -4.42M | -4.06M |
| Investing Cash Flow | -98.56M | -94.13M | -68.43M | -43.92M | -31.29M | -13.27M |
| Financing Cash Flow | 103.94M | 94.89M | 69.52M | 65.62M | 9.81M | 49.12M |
Global Atomic Technical Analysis
Negative
0.62
Price Trends
0.53
Negative
0.59
Negative
0.70
Negative
Market Momentum
-0.05
Positive
35.44
Neutral
23.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GLO, the sentiment is Negative. The current price of 0.62 is above the 20-day moving average (MA) of 0.47, above the 50-day MA of 0.53, and below the 200-day MA of 0.70, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 35.44 is Neutral, neither overbought nor oversold. The STOCH value of 23.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GLO.
Global Atomic 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% | |
50 Neutral | C$71.12M | -13.75 | -13.83% | ― | ― | -155.26% | |
48 Neutral | C$204.32M | -28.63 | -38.08% | ― | ― | -13.84% | |
47 Neutral | C$226.58M | 22.26 | 2.10% | ― | 23.84% | ― | |
44 Neutral | C$141.95M | -15.92 | -7.44% | ― | ― | -91.98% | |
43 Neutral | C$67.48M | -3.70 | -55.38% | ― | ― | -9.21% |
* Basic Materials Sector Average
TSE:GLO
Global Atomic
0.37
-0.33
-47.86%
TSE:CVV
CanAlaska Uranium
0.31
-0.66
-68.04%
TSE:KC
Kutcho Copper Corp
0.40
0.21
110.53%
TSE:LAM
Laramide Resources
0.50
-0.14
-21.43%
TSE:ZNG
Group Eleven Resources
0.73
0.37
102.78%
Global Atomic Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Global Atomic Raises C$57 Million in Unit Offering to Advance Dasa Uranium Project
Positive
Oct 1, 2026
Global Atomic has closed an overnight marketed public offering of 113,931,000 units at C$0.50 per unit, raising gross proceeds of about C$57 million, including a partial over-allotment exercise. Each unit comprises one common share and one-half wa...
Business Operations and StrategyPrivate Placements and Financing
Global Atomic launches C$50 million unit offering to advance Dasa uranium project
Positive
Sep 24, 2026
Global Atomic has launched a C$50 million public offering of 100 million units priced at C$0.50 each, with each unit comprising one common share and half of a warrant exercisable at C$0.70 for 36 months. Red Cloud Securities Inc. is acting as sole...
Business Operations and StrategyPrivate Placements and Financing
Global Atomic Launches Unit Offering to Fund Dasa Uranium Project
Positive
Sep 22, 2026
Global Atomic Corporation has launched an overnight marketed public offering of units through Red Cloud Securities Inc. as sole underwriter and bookrunner. Each unit will comprise one common share and one half of a common share purchase warrant, w...
Business Operations and StrategyPrivate Placements and Financing
Global Atomic Lifts Dasa Uranium Project Budget to US$777 Million as Financing Secured
Positive
Sep 18, 2026
Global Atomic has sharply revised capital cost estimates for its Dasa uranium project in Niger, with total project costs now forecast at about US$777 million, up from earlier feasibility projections as inflation and construction delays push up spe...
Business Operations and StrategyPrivate Placements and Financing
Global Atomic Wins US$414 Million DFC Approval for Dasa Uranium Project
Positive
Sep 16, 2026
Global Atomic has secured board approval from the U.S. International Development Finance Corporation for a debt facility of up to US$414.2 million to advance its Dasa uranium project in Niger. The financing, which will involve the issuance of shar...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Global Atomic Sees Dasa Progress but Pushes Yellowcake Output to 2028
Negative
Aug 13, 2026
Global Atomic reported second-quarter 2026 results highlighting continued construction progress at its Dasa Uranium Project in Niger, where underground access to the ore body is advancing and groundwork now allows steel erection and processing equ...
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.