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Total Metals
(TT)
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Rating:54Neutral
Price Target:
C$0.21
▲(7.00% Upside)
Action:Reiterated
Date:09/27/26
The score is held back primarily by weak financial performance (pre-revenue status, ongoing losses, and substantial negative free cash flow), partially offset by a debt-free balance sheet with positive equity. Technicals contribute positively with improving short-to-mid-term trend and moderate momentum, while valuation is constrained by negative earnings and no stated dividend yield.
Positive Factors
Debt-free balance sheet
A debt-free balance sheet reduces fixed financial obligations and refinancing exposure, giving Total Metals greater flexibility while it develops its business. This structure can help preserve available capital and provide more resilience than a similarly loss-making company carrying significant leverage.
Negative Factors
Pre-revenue business
The absence of reported revenue means Total Metals has not yet demonstrated commercial traction or a recurring source of operating cash. Until revenue emerges, the company cannot show sustainable customer demand, operating leverage, or a credible internally funded path toward profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free balance sheet reduces fixed financial obligations and refinancing exposure, giving Total Metals greater flexibility while it develops its business. This structure can help preserve available capital and provide more resilience than a similarly loss-making company carrying significant leverage.
Read all positive factors
Total Metals (TT) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$11.86M
Dividend YieldN/A
Average Volume (3M)84.71K
Price to Earnings (P/E)―
Beta (1Y)1.05
Revenue GrowthN/A
EPS Growth-73.72%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.14
Shares Outstanding59,315,765
10 Day Avg. Volume38,672
30 Day Avg. Volume84,706
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.52
Price to Sales (P/S)0.00
P/FCF Ratio-0.69
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.60Price Target Upside200.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Total Metals Business Overview & Revenue Model
Company Description
Total Metals Corp. primarily focuses on the procurement, investigation, and progressive development of mineral-rich land throughout North America. A key asset for the firm is its stake in the Electrolode property, an area comprising 160 individual...
Total Metals Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | Jul 2026 | Apr 2025 | Dec 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | -10.79K | -4.50K |
| EBITDA | -4.73M | -190.07K | -4.33M | -3.70M | -4.15M |
| Net Income | -4.87M | -190.07K | -4.33M | -3.71M | -4.15M |
Balance Sheet | |||||
| Total Assets | 22.60M | 394.98K | 153.70K | 1.02M | 1.66M |
| Cash, Cash Equivalents and Short-Term Investments | 3.93M | 391.00 | 144.39K | 977.32K | 1.40M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.07M | 45.27K | 326.58K | 228.57K | 87.97K |
| Stockholders Equity | 20.53M | 349.70K | -172.88K | 790.63K | 1.58M |
Cash Flow | |||||
| Free Cash Flow | -15.47M | -84.22K | -257.43K | -2.17M | -3.26M |
| Operating Cash Flow | -3.80M | -84.22K | -90.16K | -2.17M | -3.26M |
| Investing Cash Flow | -11.66M | -93.11K | -167.27K | 22.24K | -32.38K |
| Financing Cash Flow | 19.39M | 140.00K | 271.25K | 1.73M | 4.44M |
Total Metals Technical Analysis
Neutral
0.20
Price Trends
0.22
Negative
0.23
Negative
0.31
Negative
Market Momentum
>-0.01
Positive
47.56
Neutral
47.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TT, the sentiment is Neutral. The current price of 0.2 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.22, and below the 200-day MA of 0.31, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.56 is Neutral, neither overbought nor oversold. The STOCH value of 47.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:TT.
Total 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% | |
54 Neutral | C$11.86M | -1.45 | -34.41% | ― | ― | -73.72% | |
48 Neutral | C$32.80M | 16.13 | 12.62% | ― | ― | ― | |
43 Neutral | C$10.57M | -2.53 | -31.29% | ― | ― | -124.48% | |
41 Neutral | C$7.60M | -4.69 | -38.09% | ― | ― | -19.38% | |
41 Neutral | C$11.19M | -1.01 | -76.18% | ― | ― | 40.53% | |
41 Neutral | C$10.53M | -2.29 | 683.51% | ― | ― | -240.63% |
* Basic Materials Sector Average
TSE:TT
Total Metals
0.20
-0.90
-81.82%
TSE:CFE
Cartier Iron
0.09
-0.08
-48.57%
TSE:PEX
Pacific Ridge Exploration
0.12
-0.13
-53.06%
TSE:RRI
Riverside Resources
0.35
0.15
75.00%
TSE:SAE
Sable Resources
0.33
-0.07
-17.29%
TSE:PNGC
PNG Copper Inc
0.03
>-0.01
-16.67%
Total Metals Corporate Events
Business Operations and Strategy
Total Metals Launches Key Drilling Push at High-Grade High Lake Gold Project
Positive
Oct 29, 2026
Total Metals Corp. has completed its first three high-priority drill holes at the Purdex Zone on the High Lake high-grade gold project in northwestern Ontario, marking the start of an expanded drill campaign that will run into 2027. The work is ai...
Business Operations and Strategy
Total Metals Launches New Drilling Phase at High Lake Gold Project
Positive
Oct 19, 2026
Total Metals Corp. has begun drilling at its 100% owned High Lake gold project in Northwestern Ontario, targeting the Purdex Zone at depths greater than 230 metres. The first hole has already intersected quartz veins associated with the targeted s...
Business Operations and Strategy
Total Metals Launches Flexible Drill Program at High Lake Gold Project
Positive
Oct 8, 2026
Total Metals Corp. is advancing a portfolio of gold and critical mineral projects in Eastern Canada, including its High Lake, West Hawk Lake, Menary, Pick Lake and Electrolode assets, many of which are strategically located near major highways and...
Business Operations and Strategy
Total Metals Maps High-Priority Drill Targets at High Lake Gold Project
Positive
Sep 28, 2026
Total Metals has confirmed a series of high-priority drill targets at its High Lake high-grade gold project in northwestern Ontario, following high-resolution airborne magnetic surveys and prior geophysical and geochemical work. The new targets co...
Business Operations and Strategy
Total Metals Ramps Up Exploration Across High Lake, Menary and Other Canadian Assets
Positive
Sep 23, 2026
Total Metals has advanced fieldwork across its Northwestern Ontario portfolio, confirming all-season drill access at the High Lake and Menary properties and completing reconnaissance sampling to refine geological models. At High Lake’s Purde...
Business Operations and Strategy
Total Metals Confirms High-Grade Gold and Sets Drill Targets at Menary Project
Positive
Aug 19, 2026
Total Metals Corp. has validated the high-grade potential of its Menary Gold Property in Northwestern Ontario through an initial mapping and sampling program that focused on the Galbraith “A” and Wagg zones. The campaign builds on hist...
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.