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Linear Minerals
(LINE)
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Rating:40Underperform
Price Target:―
Action:N/A
Date:05/01/25
Linear Minerals Corp faces significant financial challenges with ongoing losses and negative cash flows, which are reflected in its low valuation. The technical analysis indicates a bearish trend, further dampening short-term prospects. However, the promising lithium exploration results offer a brighter long-term outlook, potentially enhancing its resource base and future production capabilities. Overall, the stock score is lower due to the predominant financial weaknesses, but opportunities in lithium exploration provide a glimmer of hope.
Linear Minerals (LINE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$2.59M
Dividend YieldN/A
Average Volume (3M)4.63K
Price to Earnings (P/E)―
Beta (1Y)0.86
Revenue GrowthN/A
EPS Growth44.27%
CountryCA
Employees6
SectorBasic Materials
Sector Strength58
IndustryMining
Share Statistics
EPS (TTM)-0.07
Shares Outstanding12,974,659
10 Day Avg. Volume1,975
30 Day Avg. Volume4,629
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
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
Linear Minerals Business Overview & Revenue Model
Company Description
First Energy Metals Ltd. is a junior resource company, which engages in the acquisition, exploration and development of mineral properties. Its projects include Phyllis Cobalt, and Russel Graphite Properties. The company was founded on October 12,...
How the Company Makes Money
Linear Minerals makes money through the extraction and sale of mineral commodities. The company's revenue model is primarily based on mining operations, where it extracts raw minerals from its mining sites and sells them to industrial customers. K...
Linear Minerals Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -365.00 | -485.00 | -121.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -2.83M | -4.86M | -5.75M | -3.93M | -2.13M | -393.78K |
| Net Income | -3.51M | -6.64M | -5.75M | -4.69M | -2.46M | -447.63K |
Balance Sheet | ||||||
| Total Assets | 8.99M | 9.30M | 13.01M | 6.90M | 3.18M | 372.28K |
| Cash, Cash Equivalents and Short-Term Investments | 1.95M | 1.89M | 4.40M | 111.49K | 2.16M | 223.24K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 740.77K | 651.03K | 3.51M | 428.93K | 704.33K | 225.98K |
| Stockholders Equity | 8.25M | 8.65M | 9.50M | 6.47M | 2.48M | 146.30K |
Cash Flow | ||||||
| Free Cash Flow | -2.03M | -4.16M | -3.57M | -5.18M | -1.41M | -318.60K |
| Operating Cash Flow | -2.03M | -4.11M | -3.06M | -4.50M | -1.19M | -318.60K |
| Investing Cash Flow | 0.00 | -52.50K | 205.45K | -675.00K | -220.17K | 0.00 |
| Financing Cash Flow | 1.43M | 2.20M | 6.40M | 3.13M | 3.35M | 325.00K |
Linear Minerals Technical Analysis
Positive
0.18
Price Trends
0.18
Positive
0.23
Negative
0.27
Negative
Market Momentum
<0.01
Negative
54.76
Neutral
90.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LINE, the sentiment is Positive. The current price of 0.18 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.18, and below the 200-day MA of 0.27, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.76 is Neutral, neither overbought nor oversold. The STOCH value of 90.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LINE.
Linear Minerals Peers Comparison
UnderperformOutperform
Sector (61)
TSE:LINE
Linear Minerals
0.20
-0.06
-23.08%
TSE:CSQ
Canamex Resources
0.03
-0.01
-25.00%
TSE:SMR.H
Shine Minerals Corp
0.05
-0.04
-44.44%
TSE:SMRV
Smooth Rock Ventures Corp
0.17
>-0.01
-5.56%
TSE:QIT.H
Quinto Resources
0.02
-0.05
-75.00%
TSE:SHOW
Showcase Minerals Inc
0.08
0.00
0.00%
Linear Minerals Corporate Events
Business Operations and Strategy
Linear Minerals Reports Promising Lithium Drilling Results at Augustus Property
Positive
Apr 10, 2025
Linear Minerals Corp announced significant results from its 2024 exploratory drill program at the Augustus Lithium Property in Quebec. Drill hole LC24-99 revealed a high-grade intercept of 1.09% lithium oxide over 5 meters, while LC24-98 showed mu...
Business Operations and Strategy
Linear Minerals Reports Significant Lithium Intercepts at Augustus Property
Positive
Apr 8, 2025
Linear Minerals Corp. announced promising results from its 2024 exploratory drill program at the Augustus Lithium Property in Quebec. Drill hole LC24-97 revealed four lithium-bearing zones, with notable intercepts including 1.00% lithium oxide ove...
Business Operations and Strategy
Linear Minerals Reports Significant Lithium Intercepts at Augustus Property
Positive
Apr 2, 2025
Linear Minerals Corp. announced promising results from its 2024 exploratory drill program at the Augustus Lithium Property in Quebec, Canada. Drill hole LC24-96 showed a significant intercept of 1.01% lithium oxide over 18.1 meters, indicating a s...
Business Operations and Strategy
Linear Minerals Reports Promising Lithium Drilling Results at Augustus Property
Positive
Mar 27, 2025
Linear Minerals Corp announced significant results from its 2024 exploratory drill program at the Augustus Lithium Property in Quebec. The drill holes revealed notable lithium oxide concentrations, with LC24-93 intersecting 1.02% lithium oxide ove...
Business Operations and Strategy
Linear Minerals Unveils Promising Lithium Drilling Results in Quebec
Positive
Mar 20, 2025
Linear Minerals Corp has announced promising results from its 2024 exploratory drill program at the Augustus Lithium Property in Quebec, Canada. The drilling has revealed multiple spodumene pegmatites with significant lithium oxide content and oth...
Business Operations and Strategy
Linear Minerals Corp Unveils Promising Lithium Drilling Results in Quebec
Positive
Feb 11, 2025
Linear Minerals Corp announced significant findings from its 2024 exploratory drill program at the Augustus Lithium Property in Quebec, Canada. Drill hole LC24-90 revealed three spodumene-bearing lithium pegmatites with lithium oxide grades exceed...
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.