Want to see TSE:TMAS full AI Analyst Report?
Top Page
Temas Resources
(TMAS)
Select Model
Select Model
Rating:45Neutral
Price Target:
C$0.11
▼(-6.67% Downside)
Action:Reiterated
Date:08/20/26
The score is primarily held down by weak financial performance—minimal revenue, substantial ongoing losses, and heavy negative free cash flow—despite a clean, low-debt balance sheet. Technicals are neutral-to-mixed with slight short-term improvement but a longer-term downtrend. Valuation is constrained by negative earnings and no dividend support.
Positive Factors
Low leverage
Essentially no debt reduces interest burden, refinancing exposure, and solvency risk while Temas advances its projects. This gives management greater financial flexibility than a highly leveraged explorer, although it does not eliminate the need to fund ongoing losses.
Negative Factors
Minimal operating revenue
The very small revenue base remains far below operating costs, showing that Temas has not established a commercial revenue engine. Large losses relative to sales indicate that profitability is not yet supported by operations and that meaningful earnings visibility remains limited.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Essentially no debt reduces interest burden, refinancing exposure, and solvency risk while Temas advances its projects. This gives management greater financial flexibility than a highly leveraged explorer, although it does not eliminate the need to fund ongoing losses.
Read all positive factors
Temas Resources (TMAS) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$12.45M
Dividend YieldN/A
Average Volume (3M)73.40K
Price to Earnings (P/E)―
Beta (1Y)-0.10
Revenue GrowthN/A
EPS Growth-73.89%
CountryCA
Employees1
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.13
Shares Outstanding108,260,170
10 Day Avg. Volume49,450
30 Day Avg. Volume73,401
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)1.00
Price to Sales (P/S)0.00
P/FCF Ratio-1.86
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
Temas Resources Business Overview & Revenue Model
Company Description
Temas Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for iron, titanium, and vanadium deposits. Its flagship property is 100% owned the La Blache property comprising 1...
How the Company Makes Money
Temas Resources is an exploration-stage company and, based on publicly available disclosures typical of companies at this stage, it generally does not generate recurring operating revenue from selling products or services. Its economic model is to...
Temas Resources Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 59.68K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 59.68K | 0.00 | 0.00 | 0.00 | -63.13K | -52.61K |
| EBITDA | -7.52M | -5.54M | -1.75M | -2.22M | -3.64M | -3.51M |
| Net Income | -7.90M | -5.92M | -1.75M | -2.23M | -4.34M | -3.72M |
Balance Sheet | ||||||
| Total Assets | 11.01M | 12.25M | 6.73M | 6.79M | 8.79M | 11.51M |
| Cash, Cash Equivalents and Short-Term Investments | 3.39M | 4.70M | 76.56K | 271.24K | 789.50K | 2.01M |
| Total Debt | 0.00 | 0.00 | 0.00 | 96.41K | 0.00 | 0.00 |
| Total Liabilities | 1.54M | 1.69M | 1.51M | 1.95M | 1.65M | 675.68K |
| Stockholders Equity | 9.48M | 10.56M | 5.23M | 4.84M | 7.14M | 10.84M |
Cash Flow | ||||||
| Free Cash Flow | -7.63M | -5.69M | -2.05M | -1.24K | -2.41M | -2.19M |
| Operating Cash Flow | -7.56M | -5.61M | -1.97M | -1.22K | -2.28M | -1.84M |
| Investing Cash Flow | -765.75K | -781.08K | -86.91K | -34.00 | -149.45K | -1.08M |
| Financing Cash Flow | 11.69M | 11.02M | 1.86M | 732.00K | 1.21M | 1.55M |
Temas Resources Technical Analysis
Negative
0.12
Price Trends
0.11
Positive
0.12
Negative
0.16
Negative
Market Momentum
<0.01
Positive
49.04
Neutral
36.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TMAS, the sentiment is Negative. The current price of 0.12 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.11, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 49.04 is Neutral, neither overbought nor oversold. The STOCH value of 36.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TMAS.
Temas Resources 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$5.71M | -2.02 | -45.90% | ― | ― | 11.83% | |
46 Neutral | C$3.82M | -15.63 | -5.65% | ― | ― | 36.67% | |
45 Neutral | C$12.45M | -0.85 | -92.91% | ― | ― | -73.89% | |
45 Neutral | C$3.64M | -58.33 | -3.39% | ― | ― | 63.33% |
* Basic Materials Sector Average
TSE:TMAS
Temas Resources
0.12
-0.15
-55.77%
TSE:QMC
QMC Quantum Minerals
0.04
>-0.01
-12.50%
TSE:VERT
Vertical Exploration Inc
0.03
-0.02
-37.50%
TSE:PRR
Prospect Ridge Resources Corp.
0.07
-0.03
-33.33%
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.