High Tide Resources Corp. (HTRC) AI Stock Analysis

• Market Cap: C$4.72M
• Dividend Yield: N/A
• Average Volume (3M): 35.29K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.91
• Revenue Growth: N/A
• EPS Growth: 42.97%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 78,727,196
• 10 Day Avg. Volume: 37,775
• 30 Day Avg. Volume: 35,291
• PEG Ratio: 0.09
• Price to Book (P/B): 185.96
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.81
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 33 Underperform
• Price Target: ―

The overall score of 33 reflects significant financial difficulties, with no revenue generation and ongoing operational losses weighing heavily on the company's outlook. Technical indicators provide limited support, and valuation metrics further highlight profitability concerns. The company must address its financial instability to improve its stock performance.

High Tide Resources Corp. Business Overview & Revenue Model

Company Description

High Tide Resources Corp. engages in the acquisition, exploration, and development of mineral property interests in Canada. The company primarily acquires and explores for iron ores, cobalt, nickel, copper, and precious metals deposits. Its flagship project is the Labrador West iron project covering a total area of 2,475 hectares located in Newfoundland and Labrador, Canada. The company was incorporated in 2018 and is based in Toronto, Canada.

How the Company Makes Money

High Tide Resources Corp. generates revenue through the exploration and eventual development of its mineral properties. The company earns money by identifying valuable mineral deposits and advancing these projects through exploration to increase their value. Once a project demonstrates economic viability, High Tide Resources may decide to sell the developed assets, enter into joint ventures with larger mining companies, or transition into production itself. Additionally, the company may partner with other entities for funding and expertise, reducing its financial risk while potentially earning a share of profits from successful projects. Key revenue streams may include proceeds from asset sales, royalties, and potential future mining operations, though specific financial details and partnerships are currently not disclosed.

High Tide Resources Corp. Financial Statement Overview

Summary

High Tide Resources Corp. is facing significant financial challenges, with no revenue generation and ongoing operational losses. The negative equity position and liquidity constraints limit financial flexibility, and the cash flow situation is unsustainable. The company needs to address these issues to improve its financial health.

Income Statement

High Tide Resources Corp. has reported no revenue across all periods, indicating a lack of operational income generation. While the net loss has been decreasing over the most recent periods, the consistently negative EBIT and EBITDA margins highlight ongoing operational inefficiencies.

Balance Sheet

The company has a negative equity position, which is concerning and indicates financial instability. The debt-to-equity ratio cannot be calculated due to negative equity, and the current liabilities exceed assets, suggesting liquidity issues.

Cash Flow

The cash flow position is weak, with consistently negative operating cash flows indicating the company is not generating sufficient cash from its core operations. The lack of free cash flow growth and negative free cash flow to net income ratio further emphasize cash flow challenges.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-343.84K	-673.97K	-1.69M	-4.47M	-927.06K	-1.34M
	EBITDA
-283.35K	-670.86K	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
-573.43K	-670.86K	-1.60M	-4.46M	-927.06K	-1.34M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
28.80K	84.89K	69.25K	1.18M	2.35M	601.36K
	Total Assets
34.10K	87.91K	454.03K	1.68M	2.48M	789.17K
	Total Debt
127.58K	0.00	―	―	―	0.00
	Net Debt
98.77K	-84.89K	―	―	―	-601.36K
	Total Liabilities
560.45K	447.84K	402.66K	1.06M	196.61K	1.21K
	Stockholders Equity
-526.35K	-359.93K	51.37K	625.13K	2.28M	787.96K
Cash Flow		Free Cash Flow
-26.79K	52.51K	-1.98M	-2.20M	-964.21K	-451.59K
	Operating Cash Flow
-26.79K	52.51K	-1.98M	-2.20M	-964.21K	-451.59K
	Investing Cash Flow
0.00	0.00	0.00	0.00	0.00	0.00
	Financing Cash Flow
0.00	-36.88K	876.54K	1.02M	2.71M	767.23K

High Tide Resources Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HTRC, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.19 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:HTRC.

High Tide Resources Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IAU	59 Neutral	C$669.90M	―	-38.15%	―	-1.62%	-58.16%
SKE	52 Neutral	C$2.22B	―	-137.38%	―	―	-19.29%
Sector *	51 Neutral	$2.04B	-1.15	-21.24%	3.95%	2.91%	-30.44%
HTRC	33 Underperform	C$4.72M	―		―	―	42.97%