Metalore Resources (MET) AI Stock Analysis

• Market Cap: C$3.99M
• Dividend Yield: N/A
• Average Volume (3M): 474.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.27
• Revenue Growth: -20.94%
• EPS Growth: 55.51%
• Country: CA
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.52
• Shares Outstanding: 1,775,035
• 10 Day Avg. Volume: 950
• 30 Day Avg. Volume: 474
• PEG Ratio: 1.09
• Price to Book (P/B): 0.65
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 80.91
• 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

Metalore Resources faces significant financial and operational challenges, with consistent losses and declining revenues impacting its financial performance. Despite a strong balance sheet with no debt, liquidity concerns and negative valuation metrics weigh on the stock. Recent positive leadership changes provide some strategic optimism, but the overall technical analysis suggests weak market momentum. The combination of these factors results in a cautious outlook for the stock.

Metalore Resources Business Overview & Revenue Model

Company Description

Metalore Resources (MET) is a natural resources company primarily engaged in the exploration and production of oil and natural gas. With operations focused in North America, the company seeks to harness its expertise in geoscience and engineering to identify and develop energy resources efficiently. Metalore Resources also invests in the sustainable management of its properties to ensure environmentally responsible extraction practices.

How the Company Makes Money

Metalore Resources generates revenue through the extraction and sale of oil and natural gas. The company's primary revenue stream comes from selling these resources to various downstream markets, including refineries and energy distribution companies. Additionally, Metalore Resources may engage in strategic partnerships and joint ventures to enhance its exploration capabilities and access new markets, thereby increasing its revenue potential. The company's earnings are influenced by market prices for oil and gas, operational efficiency, and the successful discovery and development of new reserves.

Metalore Resources Financial Statement Overview

Summary

Metalore Resources is facing significant financial challenges, with declining revenues and persistent losses impacting its income statement. While the balance sheet is strong with no debt, liquidity concerns exist. Cash flow management shows some improvement, yet operational inefficiencies need addressing for stability.

Income Statement

Metalore Resources has faced significant revenue challenges with a declining trajectory, as seen in the negative revenue growth rate over the recent periods. The gross profit margin is negative, indicating costs exceed revenues, and the company is also operating at a net loss, with negative EBIT and EBITDA margins. These factors highlight operational inefficiencies and financial instability.

Balance Sheet

The balance sheet reflects a relatively strong equity position with no debt, resulting in a favorable debt-to-equity ratio. However, the company's return on equity is negative due to persistent net losses, undermining shareholder value. The equity ratio is solid, indicating a strong asset base supported by equity, but the declining total assets suggest potential liquidity concerns.

Cash Flow

Cash flow analysis shows inconsistent free cash flow generation, with a recent positive trend that needs to be sustained. The operating cash flow to net income ratio is positive, indicating that the company can convert a portion of its net earnings into cash. However, the free cash flow to net income ratio is low, reflecting limited cash availability after capital expenditures.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
374.10K	402.84K	1.07M	815.49K	657.13K	615.59K
	Gross Profit
-147.93K	-203.07K	268.21K	280.61K	-59.65K	-34.52K
	EBIT
-408.95K	-361.56K	42.40K	125.66K	-226.96K	-166.34K
	EBITDA
-773.71K	-645.32K	-2.09M	2.53M	14.13K	-574.23K
	Net Income Common Stockholders
-917.33K	-860.55K	-1.76M	1.75M	657.14K	-619.18K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.09M	5.09M	5.13M	4.66M	4.64M	584.94K
	Total Assets
6.86M	7.28M	9.39M	11.54M	9.15M	7.61M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-480.21K	-443.74K	-481.82K	-1.43M	-560.91K	-584.94K
	Total Liabilities
681.05K	1.01M	2.20M	2.52M	1.89M	892.08K
	Stockholders Equity
6.18M	6.27M	7.19M	9.01M	7.26M	6.72M
Cash Flow		Free Cash Flow
49.36K	17.35K	535.41K	13.73K	3.01M	44.56K
	Operating Cash Flow
103.08K	85.30K	589.06K	160.34K	3.11M	108.45K
	Investing Cash Flow
-2.21K	-123.39K	-1.53M	704.72K	-128.23K	157.66K
	Financing Cash Flow
0.00	0.00	0.00	0.00	0.00	0.00

Metalore Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MET, the sentiment is Negative. The current price of 2.25 is below the 20-day moving average (MA) of 2.26, below the 50-day MA of 2.37, and below the 200-day MA of 2.53, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 25.98 is Positive, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MET.

Metalore Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.98B	-1.10	-21.24%	3.61%	1.31%	-31.23%
MET	43 Neutral	C$3.99M	―	-13.79%	―	-20.94%	55.51%
TCF	40 Underperform	$6.52M	―	-50.21%	―	-66.27%	-167.36%
SQX	31 Underperform	C$2.48M	―	14.86%	―	―	-143.75%

Metalore Resources Corporate Events

Metalore Resources Announces Key Leadership Appointments

Metalore Resources Limited has appointed Ms. Ashley Nadon as the new Chief Financial Officer and Director, succeeding Don Bryson. Ms. Nadon brings extensive experience in accounting and finance, enhancing the company’s leadership team. Additionally, Mr. Peter Cox joins as a Director, replacing Bruce Davis, and brings expertise in engineering and a commitment to shareholder equity. These appointments are expected to strengthen Metalore’s operational and strategic initiatives, supporting its focus on natural gas production and exploration activities.