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Atha Energy Corp.
(SASK)
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Rating:43Neutral
Price Target:
C$0.89
▼(-35.18% Downside)
Action:Reiterated
Date:10/14/26
The score is pressured primarily by weak financial performance (minimal revenue, widening losses, and ongoing cash burn) alongside bearish technicals (price below key moving averages with negative momentum). Valuation is also constrained by a negative P/E and no indicated dividend yield, offering limited support.
Positive Factors
Equity Capital Cushion
The sizable equity base provides financial support for ongoing investment and gives Atha a cushion while it develops its uranium business. This capital foundation can help absorb continued operating losses and preserve strategic flexibility over the next several quarters.
Negative Factors
No Meaningful Revenue
A sustained absence of meaningful revenue shows that Atha remains in a pre-commercial or pre-cash-earning phase. Without an established revenue stream, the company has limited internal funding capacity and relies on future execution to demonstrate commercial viability.
Read all positive and negative factors
Positive Factors
Negative Factors
Equity Capital Cushion
The sizable equity base provides financial support for ongoing investment and gives Atha a cushion while it develops its uranium business. This capital foundation can help absorb continued operating losses and preserve strategic flexibility over the next several quarters.
Read all positive factors
Atha Energy Corp. (SASK) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$286.62M
Dividend YieldN/A
Average Volume (3M)595.44K
Price to Earnings (P/E)―
Beta (1Y)1.44
Revenue GrowthN/A
EPS Growth-63.38%
CountryCA
Employees15
SectorGeneral
Sector StrengthN/A
IndustryUranium
Share Statistics
EPS (TTM)-0.06
Shares Outstanding341,209,750
10 Day Avg. Volume566,258
30 Day Avg. Volume595,443
Financial Highlights & Ratios
PEG Ratio0.49
Price to Book (P/B)0.83
Price to Sales (P/S)0.00
P/FCF Ratio-37.37
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)-0.02
Revenue Forecast (FY)N/A
Atha Energy Corp. Business Overview & Revenue Model
Company Description
Atha Energy Corp. specializes in mineral exploration, concentrating its efforts on identifying, acquiring, investigating, and advancing mineral resource properties. The company adopted its current name, Atha Energy Corp., in May 2022, having previ...
Atha Energy Corp. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
26
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 1.16M | 0.00 | 0.00 |
| Gross Profit | -246.02K | -298.20K | -227.13K | 1.13M | -13.60K | 0.00 |
| EBITDA | -11.58M | -8.01M | -7.67M | -13.95M | -1.02M | 0.00 |
| Net Income | -19.37M | -8.38M | -11.41M | -13.98M | -1.03M | -210.71K |
Balance Sheet | ||||||
| Total Assets | 286.23M | 227.29M | 214.17M | 99.16M | 42.03M | 23.56K |
| Cash, Cash Equivalents and Short-Term Investments | 48.08M | 4.08M | 8.26M | 34.01M | 40.70M | 18.34K |
| Total Debt | 40.17M | 361.15K | 621.25K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 54.35M | 9.23M | 5.83M | 11.39M | 34.08M | 109.18K |
| Stockholders Equity | 231.88M | 218.06M | 208.34M | 87.77M | 7.96M | -85.62K |
Cash Flow | ||||||
| Free Cash Flow | -21.89M | -4.82M | -41.51M | -22.53M | -363.01K | -6.66K |
| Operating Cash Flow | -5.92M | -4.79M | -10.35M | -4.21M | -220.10K | -6.66K |
| Investing Cash Flow | -26.66M | -19.21M | -18.10M | -18.32M | -1.19M | 0.00 |
| Financing Cash Flow | 71.21M | 19.44M | -608.26K | 19.03M | 42.09M | 25.00K |
Atha Energy Corp. Technical Analysis
Negative
1.37
Price Trends
1.08
Negative
1.06
Negative
0.98
Negative
Market Momentum
-0.07
Positive
34.81
Neutral
5.88
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SASK, the sentiment is Negative. The current price of 1.37 is above the 20-day moving average (MA) of 0.95, above the 50-day MA of 1.08, and above the 200-day MA of 0.98, indicating a bearish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 34.81 is Neutral, neither overbought nor oversold. The STOCH value of 5.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SASK.
Atha Energy Corp. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | C$47.97B | 134.70 | 5.09% | 0.22% | -2.68% | -33.51% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | C$7.64B | -26.51 | -16.11% | ― | ― | -23.38% | |
50 Neutral | C$175.74M | 28.98 | 2.29% | ― | ― | ― | |
43 Neutral | C$286.62M | -13.75 | -8.52% | ― | ― | -63.38% | |
42 Neutral | C$79.60M | -2.35 | -56.83% | ― | ― | -79.39% | |
41 Neutral | C$2.75B | -9.85 | -83.49% | ― | -9.37% | -217.41% |
* General Sector Average
TSE:SASK
Atha Energy Corp.
0.84
0.17
25.37%
TSE:CCO
Cameco
110.13
-10.90
-9.00%
TSE:DML
Denison Mines
3.04
-0.86
-22.05%
TSE:AEC
Anfield Energy Inc
3.99
-6.73
-62.78%
TSE:MGA
Mega Uranium
0.46
0.07
16.67%
TSE:NXE
NexGen Energy
11.40
-0.49
-4.12%
Atha Energy Corp. Corporate Events
Business Operations and Strategy
Atha Energy Extends Angilak Uranium Strike to 3.4 km, Finds Higher-Grade Sub-Zone
Positive
Oct 7, 2026
Atha Energy Corp. has completed its 2026 diamond drilling campaign at the RIB North discovery within the Mineralized RIB Corridor, successfully linking the RIB North and RIB East discoveries. This work expands the mineralized strike length on the ...
Executive/Board ChangesPrivate Placements and Financing
Atha Energy Reshapes Board and Settles Debenture Interest with Share Issuance
Neutral
Oct 6, 2026
Atha Energy Corp., a uranium exploration player with extensive land holdings in Canada’s major uranium basins and strategic interests in Athabasca projects, continues to advance its flagship Angilak Project in southern Nunavut. The company i...
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.