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New Age Metals
(NAM)
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Rating:44Neutral
Price Target:
C$0.22
▼(-12.80% Downside)
Action:Reiterated
Date:08/30/26
The score is driven primarily by weak financial performance (no revenue, widening losses, and worsening cash burn), reinforced by bearish technicals (price below key moving averages and negative MACD). A low-debt balance sheet helps reduce leverage risk, but valuation support is limited given the high P/E and no dividend yield provided.
Positive Factors
Very low leverage
Minimal debt limits refinancing pressure and interest obligations, giving NAM greater financial flexibility while it advances exploration projects. This conservative capital structure reduces balance-sheet risk, although it does not offset the lack of operating profitability.
Negative Factors
No operating revenue
Zero revenue indicates NAM has not yet established a producing or monetized business base. Until exploration assets generate partnerships, sales or development income, the company remains dependent on external capital and cannot fund operations through recurring revenue.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Minimal debt limits refinancing pressure and interest obligations, giving NAM greater financial flexibility while it advances exploration projects. This conservative capital structure reduces balance-sheet risk, although it does not offset the lack of operating profitability.
Read all positive factors
New Age Metals (NAM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$16.43M
Dividend YieldN/A
Average Volume (3M)65.27K
Price to Earnings (P/E)―
Beta (1Y)0.75
Revenue GrowthN/A
EPS Growth-55.91%
CountryCA
Employees10
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.01
Shares Outstanding73,006,490
10 Day Avg. Volume98,085
30 Day Avg. Volume65,271
Financial Highlights & Ratios
PEG Ratio-0.26
Price to Book (P/B)1.14
Price to Sales (P/S)0.00
P/FCF Ratio-11.48
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
New Age Metals Business Overview & Revenue Model
Company Description
New Age Metals Inc. acquires, explores, and develops platinum group metals (PGMs), precious metals, base metals, and green metals lithium in Canada and the United States. The company explores for rhodium, palladium, platinum, gold, antimony, nicke...
New Age Metals Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
67
Positive
Cash Flow
24
Negative
| Breakdown | Apr 2026 | Jul 2025 | Jul 2024 | Jul 2022 | Apr 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -68.72K | -45.49K | -52.01K | -57.88K | -38.61K |
| EBITDA | -2.41M | -1.01M | -940.00K | -665.00K | -1.14M |
| Net Income | -1.03M | -509.82K | -658.00K | -650.00K | -1.18M |
Balance Sheet | |||||
| Total Assets | 17.34M | 13.23M | 15.44M | 14.63M | 15.12M |
| Cash, Cash Equivalents and Short-Term Investments | 5.38M | 3.65M | 2.54M | 4.49M | 7.30M |
| Total Debt | 41.26K | 78.60K | 113.08K | 144.32K | 0.00 |
| Total Liabilities | 165.64K | 169.15K | 1.87M | 403.97K | 283.21K |
| Stockholders Equity | 17.18M | 13.06M | 13.57M | 14.22M | 14.84M |
Cash Flow | |||||
| Free Cash Flow | -1.70M | -298.49K | -2.48M | -2.99M | -487.77K |
| Operating Cash Flow | -1.57M | 245.97K | -1.40M | -548.31K | -459.77K |
| Investing Cash Flow | -2.26M | 563.71K | -513.37K | -2.32M | -3.98M |
| Financing Cash Flow | 3.86M | -42.00K | -41.40K | -34.60K | 2.96M |
New Age Metals Technical Analysis
Negative
0.25
Price Trends
0.25
Negative
0.28
Negative
0.35
Negative
Market Momentum
>-0.01
Positive
40.59
Neutral
40.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NAM, the sentiment is Negative. The current price of 0.25 is above the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.25, and below the 200-day MA of 0.35, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.59 is Neutral, neither overbought nor oversold. The STOCH value of 40.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NAM.
New Age 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% | |
50 Neutral | C$54.40M | -15.51 | -51.33% | ― | ― | -4.84% | |
48 Neutral | C$35.79M | -8.25 | -154.32% | ― | ― | 6.73% | |
46 Neutral | C$23.40M | -1.26 | 3559.97% | ― | ― | -81.92% | |
44 Neutral | C$16.43M | -15.17 | -6.40% | ― | ― | -55.91% | |
43 Neutral | C$24.38M | -11.34 | -103.03% | ― | ― | 3.00% | |
43 Neutral | C$13.01M | -3.42 | -83.56% | ― | ― | -3671.43% |
* Basic Materials Sector Average
TSE:NAM
New Age Metals
0.22
-0.03
-12.00%
TSE:MN
Manganese X Energy Corp
0.11
0.05
69.23%
TSE:NTH
Nord Precious Metals Mining
0.17
0.04
26.92%
TSE:TIG
Triumph Gold
0.74
0.41
124.24%
TSE:EMET
Canamera Energy Metals Corp
0.17
-0.18
-51.43%
TSE:SPC
SPC Nickel
0.08
0.05
128.57%
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.