Want to see TSE:MEGA full AI Analyst Report?
Top Page
MegaWatt Lithium and Battery Metals
(MEGA)
Select Model
Select Model
Rating:43Neutral
Price Target:
C$0.31
▼(-12.78% Downside)
Action:Reiterated
Date:07/10/26
The score is held down primarily by weak financial performance (pre-revenue operations, sizable net losses, and negative equity), partially offset by improving cash burn and reduced operating losses. Technicals add modest risk due to bearish/oversold momentum signals, and valuation remains unattractive/unclear because losses drive a negative P/E and there is no dividend support.
Positive Factors
Improving cash burn
Material reduction in operating cash outflows improves runway and reduces near-term financing pressure. A sustained lower cash burn gives management more time to advance exploration milestones before raising capital, improving odds of completing value-driving work programs.
Negative Factors
Pre-revenue operations
With no operating revenue, the business model remains unproven and value depends entirely on exploration success and commodity market access. Lack of revenues lengthens time to sustainable margins and exposes stakeholders to extended funding and execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving cash burn
Material reduction in operating cash outflows improves runway and reduces near-term financing pressure. A sustained lower cash burn gives management more time to advance exploration milestones before raising capital, improving odds of completing value-driving work programs.
Read all positive factors
MegaWatt Lithium and Battery Metals (MEGA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.23M
Dividend YieldN/A
Average Volume (3M)98.63K
Price to Earnings (P/E)―
Beta (1Y)0.78
Revenue GrowthN/A
EPS Growth-42.41%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-1.02
Shares Outstanding6,170,455
10 Day Avg. Volume251,238
30 Day Avg. Volume98,632
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)-1.74
Price to Sales (P/S)0.00
P/FCF Ratio-6.78
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
MegaWatt Lithium and Battery Metals Business Overview & Revenue Model
Company Description
MegaWatt Lithium and Battery Metals Corp. concentrates on obtaining, investigating, and advancing mineral sites across Canada and Australia. The company possesses full ownership of the Route 381 Lithium property, encompassing about 2,126 hectares ...
How the Company Makes Money
null...
MegaWatt Lithium and Battery Metals Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
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 |
| EBITDA | 2.75M | -418.16K | -1.98M | -508.99K | -1.72M | -2.92M |
| Net Income | -3.17M | -3.49M | -1.98M | -1.09M | -12.29M | -14.60M |
Balance Sheet | ||||||
| Total Assets | 1.23M | 1.17M | 4.28M | 1.64M | 2.86M | 14.97M |
| Cash, Cash Equivalents and Short-Term Investments | 23.43K | 522.00 | 46.43K | 36.72K | 762.79K | 495.19K |
| Total Debt | 144.26K | 142.37K | 83.88K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.64M | 1.49M | 1.12M | 477.06K | 701.64K | 148.61K |
| Stockholders Equity | -409.91K | -317.81K | 3.16M | 28.97M | 28.68M | 10.49M |
Cash Flow | ||||||
| Free Cash Flow | -95.27K | -81.80K | -946.07K | -600.59K | -1.45M | -2.49M |
| Operating Cash Flow | -95.25K | -81.80K | -946.07K | -600.59K | -1.45M | -2.17M |
| Investing Cash Flow | 84.53K | -9.11K | -72.74K | -125.49K | -137.21K | -990.45K |
| Financing Cash Flow | 12.00K | 45.00K | 1.03M | 0.00 | 1.86M | 863.61K |
MegaWatt Lithium and Battery Metals Technical Analysis
Negative
0.36
Price Trends
0.34
Negative
0.32
Negative
0.30
Negative
Market Momentum
-0.02
Positive
27.37
Positive
2.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MEGA, the sentiment is Negative. The current price of 0.36 is above the 20-day moving average (MA) of 0.35, above the 50-day MA of 0.34, and above the 200-day MA of 0.30, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 27.37 is Positive, neither overbought nor oversold. The STOCH value of 2.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MEGA.
MegaWatt Lithium and Battery Metals 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% | |
54 Neutral | C$3.12M | -2.13 | -29.70% | ― | ― | 43.84% | |
43 Neutral | C$1.23M | -0.20 | 890.71% | ― | ― | -42.41% | |
43 Neutral | C$2.90M | -1.05 | -62.37% | ― | ― | 9.43% | |
42 Neutral | C$1.30M | -4.44 | 144.97% | ― | ― | 90.36% | |
41 Neutral | C$7.48M | -6.86 | 36.99% | ― | ― | 23.88% | |
41 Neutral | C$1.29M | -0.54 | 145.78% | ― | ― | 55.50% |
* Basic Materials Sector Average
TSE:MEGA
MegaWatt Lithium and Battery Metals
0.20
0.02
11.73%
TSE:GBML
Global Battery Metals
0.21
0.09
75.00%
TSE:CELL
Grid Battery Metals
0.02
-0.02
-57.14%
TSE:OWLI
One World Lithium
0.04
0.02
75.00%
TSE:POWR
Clear Sky Lithium Corp
0.02
-0.02
-42.86%
TSE:RFLX
Freedom Battery Metals, Inc.
0.13
-0.18
-58.33%
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.