Rover Critical Minerals (ROVR) AI Stock Analysis

• Market Cap: C$2.45M
• Dividend Yield: N/A
• Average Volume (3M): 6.04K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.14
• Revenue Growth: N/A
• EPS Growth: 44.16%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): -0.10
• Shares Outstanding: 12,261,359
• 10 Day Avg. Volume: 5,000
• 30 Day Avg. Volume: 6,042
• PEG Ratio: -0.36
• Price to Book (P/B): 1.47
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.31
• 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

Rover Metals' overall stock score is significantly impacted by its challenging financial performance, marked by a lack of revenue and increasing losses. Technical analysis suggests some short-term momentum, but valuation concerns persist due to negative earnings. Investors should be cautious given the financial instability and absence of dividends.

Rover Critical Minerals Business Overview & Revenue Model

Company Description

Rover Metals (ROVR) is a mineral exploration company focused on the discovery and development of precious metal resources. The company is primarily engaged in identifying, acquiring, and advancing mineral properties, with a particular emphasis on gold and silver deposits. Rover Metals operates within the mining and resources sector, aiming to create value through strategic exploration activities and the development of high-potential mining projects.

How the Company Makes Money

Rover Metals generates revenue through the exploration and potential development of mineral properties. The company's primary revenue streams come from the sale or joint venture of its mineral claims and properties once they reach a certain level of exploration and development. Rover Metals may also secure financing through partnerships with larger mining companies or investors who are interested in backing promising projects. Additionally, the company may raise capital through equity offerings to fund its exploration activities. Key factors contributing to its earnings include the successful discovery of economically viable mineral deposits, the market demand for precious metals, and strategic alliances or agreements with other entities in the mining industry.

Rover Critical Minerals Financial Statement Overview

Summary

Rover Metals faces significant financial hurdles, primarily characterized by an absence of revenue and increasing net losses. While the balance sheet reflects a low level of debt, the declining equity ratio and negative cash flow trends raise concerns about long-term financial sustainability. The company needs to improve operational performance and cash generation to stabilize its financial standing.

Income Statement

Rover Metals has not generated any revenue over the analyzed period, resulting in persistent negative profitability metrics such as EBIT and EBITDA margins. The company has consistently incurred net losses, with a worsening trend in net income from 2019 to the TTM period ending September 2024. This lack of revenue and increasing losses reflect significant challenges in achieving operational efficiency and profitability.

Balance Sheet

The balance sheet shows a relatively low level of total debt compared to stockholders' equity, yielding a conservative debt-to-equity ratio. However, the company's equity ratio has been declining, indicating potential stress on its financial stability. Despite these challenges, the company maintains a positive stockholders' equity, which can be seen as a strength in terms of capital structure.

Cash Flow

The cash flow statement reveals negative operating and free cash flows, indicating the company's inability to generate cash from its operations. Although there has been some positive cash flow from financing activities, the overall cash flow situation remains weak, with free cash flow growth rates substantially negative over the periods. This suggests ongoing liquidity challenges and reliance on external financing.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
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
-654.76K	-745.36K	-1.18M	-1.55M	-754.86K	-784.95K
	EBITDA
-1.33M	-745.36K	-1.18M	-1.55M	-752.69K	-784.95K
	Net Income Common Stockholders
-1.35M	-1.94M	-1.50M	-1.68M	-811.35K	-778.85K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
62.90K	200.67K	96.23K	642.77K	332.72K	2.21K
	Total Assets
90.82K	5.11M	5.08M	4.42M	1.91M	1.05M
	Total Debt
0.00	40.00K	40.00K	35.15K	30.89K	0.00
	Net Debt
-62.90K	-160.67K	-56.23K	-607.62K	-301.83K	-2.21K
	Total Liabilities
20.77K	635.24K	331.14K	706.87K	488.65K	248.59K
	Stockholders Equity
70.05K	4.47M	4.75M	3.71M	1.43M	801.80K
Cash Flow		Free Cash Flow
-546.49K	-1.06M	-1.89M	-3.64M	-956.99K	-762.15K
	Operating Cash Flow
-541.40K	-961.71K	-1.89M	-1.58M	-269.63K	-699.52K
	Investing Cash Flow
-349.23K	-78.03K	-1.12M	-1.88M	-637.36K	-62.64K
	Financing Cash Flow
523.32K	1.14M	2.46M	3.76M	1.24M	338.57K

Rover Critical Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ROVR, the sentiment is Positive. The current price of 0.2 is below the 20-day moving average (MA) of 0.21, above the 50-day MA of 0.18, and above the 200-day MA of 0.17, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 50.09 is Neutral, neither overbought nor oversold. The STOCH value of 42.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ROVR.

Rover Critical Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SIL	76 Outperform	$2.18B	18.49	18.48%	―	25.05%	0.44%
KNT	75 Outperform	C$3.04B	12.09	39.28%	―	105.06%	481.75%
OR	74 Outperform	$6.12B	139.03	2.50%	0.80%	12.78%	―
Sector *	50 Neutral	$1.98B	-1.08	-21.29%	3.61%	1.96%	-30.59%
MUX	49 Neutral	$393.03M	3.61	-6.15%	―	-2.18%	-137.21%
ROVR	43 Neutral	C$2.45M	―	-13.24%	―	―	44.16%