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Hydrograph Clean Power (HG) AI Stock Analysis
Hydrograph Clean Power
(CNQX:HG)
The score is primarily held back by weak financial performance—deeply negative margins, significant net losses, and continued negative operating/free cash flow—despite strong revenue growth and a low-leverage balance sheet. Technicals are mixed with a short-term bounce but a longer-term downtrend, and valuation offers limited support because earnings are negative and no dividend yield is available.
Hydrograph Clean Power (HG) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 1.46B
- Dividend Yield
- ―
- Average Volume (3M)
- 693.78K
- Price to Earnings (P/E)
- -60.4
- Beta (1Y)
- 1.07
- Revenue Growth
- 187.97%
- EPS Growth
- -123.75%
- Country
- Canada
- Employees
- 17
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Chemicals - Specialty
Hydrograph Clean Power Business Overview & Revenue Model
Company Description
HydroGraph Clean Power Inc., established in 2017 and based in Toronto, Canada, focuses on the global development and marketing of proprietary technologies. These innovations enable the production of high-quality graphene, hydrogen, syngas, methane, a...
Hydrograph Clean Power Financial Statement Overview
Summary
Revenue is improving (TTM +28.8%), but operating fundamentals remain very weak with deeply negative gross margin (~-60%), large net losses (TTM net margin ~-135%), and ongoing cash burn (TTM operating cash flow ~-$8.4M; free cash flow ~-$11.2M). The key offset is a conservatively levered balance sheet (debt-to-equity ~0.03), but negative ROE (~-0.49) underscores continued value erosion risk if losses persist.
Income Statement
18Very NegativeBalance Sheet
72PositiveCash Flow
24Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 116.38K | 43.16K | 6,172 | 7,397 | 5,099 | 6,294 |
| Gross Profit | -7.02M | -3.22M | -51.69K | -19.08K | 1,668 | 6,294 |
| EBITDA | -13.17M | -7.86M | -5.02M | -4.66M | -2.76M | -1.53M |
| Net Income | -11.30M | -8.17M | -5.33M | -4.96M | -2.98M | -1.51M |
Balance Sheet | ||||||
| Total Assets | 47.68M | 13.51M | 5.40M | 5.88M | 7.94M | 6.53M |
| Cash, Cash Equivalents and Short-Term Investments | 39.07M | 8.72M | 780.97K | 510.43K | 2.80M | 218.35K |
| Total Debt | 1.42M | 62.29K | 188.94K | 246.07K | 318.09K | 379.33K |
| Total Liabilities | 3.27M | 3.05M | 731.07K | 1.01M | 452.35K | 4.75M |
| Stockholders Equity | 44.41M | 10.45M | 4.67M | 4.87M | 7.49M | 2.25M |
Cash Flow | ||||||
| Free Cash Flow | -11.22M | -4.94M | -4.16M | -4.17M | -5.42M | -1.75M |
| Operating Cash Flow | -8.40M | -4.77M | -4.07M | -3.55M | -3.58M | -726.68K |
| Investing Cash Flow | -3.11M | -449.81K | -81.43K | -620.99K | -1.84M | -1.03M |
| Financing Cash Flow | 49.94M | 13.15M | 4.48M | 1.82M | 2.80M | 7.54M |
Hydrograph Clean Power Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HG, the sentiment is Negative. The current price of 4.03 is above the 20-day moving average (MA) of 3.40, below the 50-day MA of 4.44, and below the 200-day MA of 5.66, indicating a neutral trend. The MACD of -0.09 indicates Negative momentum. The RSI at 52.94 is Neutral, neither overbought nor oversold. The STOCH value of 82.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:HG.
Hydrograph Clean Power Peers Comparison
Overall Rating
TSE:VNP68.5Neutral
TSE:NEO56Neutral
TSE:NANO47Neutral- TSE:HG46Neutral
TSE:CNO43Neutral
TSE:GMG42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:VNP | 69Neutral | CAD 2.33B | 27.06 | 29.60% | ― | 32.53% | 93.32% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TSE:NEO | 56Neutral | CAD 1.13B | 5175.90 | 0.21% | 1.63% | 23.69% | ― |
| TSE:NANO | 47Neutral | CAD 94.63M | -5.62 | -81.75% | ― | ― | -42.93% |
| TSE:HG | 46Neutral | CAD 1.46B | -60.36 | -49.29% | ― | 187.97% | -123.75% |
| TSE:CNO | 43Neutral | CAD 18.71M | -7.14 | -89.62% | ― | -29.28% | -95.12% |
| TSE:GMG | 42Neutral | CAD 260.86M | -8.23 | -969.63% | ― | 224.03% | -204.33% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:HG | Hydrograph Clean Power Inc | 4.03 | 0.17 | 4.40% | |
| TSE:CNO | California Nanotechnologies | 0.40 | 0.01 | 2.56% | |
| TSE:NANO | Nano One Materials | 0.79 | -0.97 | -55.11% | |
| TSE:VNP | 5N Plus | 25.93 | 5.17 | 24.90% | |
| TSE:NEO | Neo Performance Materials | 24.53 | 7.45 | 43.62% | |
| TSE:GMG | Graphene Manufacturing Group Ltd | 1.95 | 0.72 | 58.54% |
Hydrograph Clean Power Corporate Events
HydroGraph Extends Deadline for Canadian Investors’ Tax-Deferred Share Election
NeutralHydroGraph Clean Power is extending the deadline for Canadian shareholders to elect tax-deferred exchangeable shares as part of its planned corporate redomicile, moving to a new U.S. parent structure. The company is emphasizing that shares held in ta...
HydroGraph Ramps Up U.S. Graphene Production, Financing and Defense Push
PositiveHydroGraph Clean Power has moved from technology development toward commercial production in 2026, underpinned by an upsized C$70.4 million financing that strengthened its balance sheet and supported expansion in the United States. The company has op...
HydroGraph to Highlight High-Load Fractal Graphene Paste at Advanced Materials Show USA
PositiveHydroGraph Clean Power will showcase its newly launched Fractal Graphene Paste at The Advanced Materials Show USA, emphasizing a high-concentration, ready-to-use graphene dispersion designed to ease integration into commercial products. The aqueous p...
HydroGraph Moves Ahead with Plan to Redomicile to Delaware
PositiveHydroGraph Clean Power has filed and is mailing its management information circular for a special meeting of securityholders on October 29, 2026 in Vancouver to approve a corporate redomicile to the United States via a Delaware parent company. Securi...
HydroGraph Raises C$70.4 Million in Upsized Bought-Deal to Fund U.S. Expansion
PositiveHydroGraph Clean Power has closed an upsized bought-deal public offering of 10,350,000 units at C$6.80 per unit, raising gross proceeds of C$70.38 million with Canaccord Genuity as sole underwriter and full exercise of the over-allotment option. Each...
HydroGraph Upsizes Bought Deal Financing to C$61.2 Million for Growth Push
PositiveHydroGraph Clean Power has upsized its previously announced bought deal public offering from C$50 million to C$61.2 million following strong investor demand, with Canaccord Genuity Corp. acting as sole underwriter and bookrunner. The underwriter will...
HydroGraph Clean Power launches C$50 million bought deal to fund U.S. expansion
PositiveHydroGraph Clean Power Inc., a Vancouver-based producer of ultra-pure graphene listed on the CSE and OTCQB, is pursuing growth in North America by expanding its U.S. facilities. The company’s advanced materials are aimed at industrial and comme...
HydroGraph Expands Texas Graphene Operations to Bolster U.S. Advanced Materials Supply
PositiveHydroGraph Clean Power Inc., a producer of ultra-pure synthetic graphene using proprietary detonation-based Hyperion Reactor technology, is expanding its U.S. presence with new operations in Texas to support defense, energy, infrastructure, aerospace...
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 28, 2026