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Search Minerals (SMY) AI Stock Analysis
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Search Minerals
(TSXV:SMY)
The score is primarily constrained by weak financial performance (pre-revenue, ongoing losses, and sustained negative free cash flow) and bearish technical setup (price below key moving averages with negative MACD). Valuation provides limited offset because the negative P/E reflects losses and there is no dividend yield support.
Search Minerals (SMY) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 9.35M
- Dividend Yield
- ―
- Average Volume (3M)
- 14.39K
- Price to Earnings (P/E)
- -10.3
- Beta (1Y)
- 0.69
- Revenue Growth
- ―
- EPS Growth
- 50.68%
- Country
- Canada
- Employees
- 0
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial Materials
Search Minerals Business Overview & Revenue Model
Company Description
Search Minerals Inc. specializes in identifying, appraising, and investigating mineral resource properties throughout Canada. The company's exploration activities primarily target rare earth elements. Its leading venture is the Foxtrot project, which...
Search Minerals Financial Statement Overview
Summary
Financials reflect a pre-revenue profile with persistent losses and negative cash flow. The income statement is very weak (no revenue and ongoing net losses), and cash flow shows sustained burn with materially negative free cash flow. The balance sheet is a relative offset with modest leverage and meaningful equity, but continued burn increases reliance on external funding.
Income Statement
12Very NegativeBalance Sheet
55NeutralCash Flow
20Very Negative| Breakdown | TTM | Feb 2026 | Feb 2025 | Nov 2023 | Feb 2023 | Feb 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -66.97K | -88.79K | -121.38K | -210.83K | -166.00K | -60.63K |
| EBITDA | -347.86K | -825.11K | -399.00K | -1.29M | -1.41M | -1.97M |
| Net Income | -810.56K | -1.39M | -643.00K | -1.54M | -1.57M | -2.08M |
Balance Sheet | ||||||
| Total Assets | 32.55M | 32.33M | 30.37M | 29.47M | 29.29M | 21.65M |
| Cash, Cash Equivalents and Short-Term Investments | 626.98K | 1.43M | 456.30K | 7,292 | 457.54K | 1.62M |
| Total Debt | 3.54M | 4.16M | 1.57M | 386.18K | 80.00K | 80.00K |
| Total Liabilities | 7.23M | 7.85M | 5.21M | 3.80M | 2.35M | 802.98K |
| Stockholders Equity | 25.32M | 24.48M | 25.16M | 25.67M | 26.94M | 20.84M |
Cash Flow | ||||||
| Free Cash Flow | -1.95M | -1.94M | -657.04K | 212.29K | -2.11M | -5.38M |
| Operating Cash Flow | -613.99K | -489.12K | -436.56K | 221.58K | -1.75M | -1.84M |
| Investing Cash Flow | -1.54M | -1.65M | -389.42K | -1.11M | -7.03M | -3.54M |
| Financing Cash Flow | 2.34M | 3.12M | 1.27M | 435.06K | 7.62M | 6.90M |
Search Minerals Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SMY, the sentiment is Negative. The current price of 0.19 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.24, and below the 200-day MA of 0.29, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 39.27 is Neutral, neither overbought nor oversold. The STOCH value of 37.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SMY.
Search Minerals Peers Comparison
Overall Rating
- TSE:SMY44Neutral
TSE:LIT43Neutral
TSE:WLF40Underperform
TSE:MTS37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:SMY | 44Neutral | CAD 9.35M | -10.33 | -3.27% | ― | ― | 50.68% |
| TSE:LIT | 43Neutral | CAD 10.97M | -0.42 | -66.28% | ― | ― | -10.86% |
| TSE:WLF | 40Underperform | CAD 10.44M | -3.20 | -306.36% | ― | ― | -442.00% |
| TSE:MTS | 37Underperform | CAD 9.58M | -3.22 | -321.65% | ― | ― | -206.25% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:SMY | Search Minerals | 0.19 | -0.41 | -68.33% | |
| TSE:LIT | Argentina Lithium & Energy | 0.06 | -0.05 | -45.22% | |
| TSE:MTS | Metallis Resources | 0.10 | -0.33 | -77.65% | |
| TSE:WLF | Wolfden Resources | 0.06 | -0.05 | -47.62% |
Search Minerals Corporate Events
Search Minerals names Jonathan Beigle CEO as it advances Labrador rare earth projects
PositiveSearch Minerals has appointed Jonathan Beigle as chief executive officer and director, effective September 25, 2026, as it advances its Foxtrot, Deep Fox and broader Port Hope Simpson – St. Lewis rare earth district in Labrador. The board highl...
Search Minerals Advances Financing to Fund Labrador Rare Earth Exploration
PositiveSearch Minerals Inc. has closed the second tranche of its non-brokered private placement, raising C$200,015.90 through a combination of units and critical mineral flow-through units priced at C$0.235 and C$0.27 respectively. The proceeds will support...
Search Minerals Upsizes Financing After Strong Demand for Rare Earth Projects
PositiveSearch Minerals Inc. has closed the initial tranche of its non-brokered private placement, raising C$615,000 through a mix of units and critical mineral flow-through units, with strong investor demand fully subscribing the unit component. The proceed...
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.
Date of analysis: Oct 29, 2026