Clean Air Metals (AIR) AI Stock Analysis

• Market Cap: $13.76M
• Dividend Yield: N/A
• Average Volume (3M): 296.85K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.90
• Revenue Growth: N/A
• EPS Growth: 38.98%
• Country: CA
• Employees: 16
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Other Precious Metals
• EPS (TTM): -0.01
• Shares Outstanding: 250,134,570
• 10 Day Avg. Volume: 248,899
• 30 Day Avg. Volume: 296,852
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -7.20
• P/FCF Ratio: 0.00
• 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

Clean Air Metals faces substantial financial challenges with ongoing losses and negative cash flows. While recent drilling results are promising, indicating potential for future growth, the lack of revenue and profitability are major concerns. The technical indicators and valuation suggest moderate market performance, but the financial instability heavily influences the overall stock score.

Clean Air Metals Business Overview & Revenue Model

Company Description

Clean Air Metals Inc. (AIR) is a Canadian-based mining company focused on the exploration and development of platinum, palladium, and other precious metal deposits. The company's flagship project, the Thunder Bay North Project, is situated in a prolific mining region in Ontario. Clean Air Metals aims to leverage its strategic location and advanced exploration techniques to develop sustainable and environmentally responsible mining operations.

How the Company Makes Money

Clean Air Metals makes money primarily through the exploration and potential extraction of precious metals, particularly platinum and palladium, from its Thunder Bay North Project. Revenue is generated through the sale of these metals once they are extracted and processed. The company may also enter into strategic partnerships or joint ventures with other mining firms to share costs and expertise, potentially enhancing its revenue streams. Additionally, Clean Air Metals might seek investment and funding from institutional and retail investors to support its exploration and development activities, which can provide the necessary capital to advance its projects toward production.

Clean Air Metals Financial Statement Overview

Summary

Clean Air Metals is facing financial difficulties characterized by zero revenue and negative profit margins, indicating significant operational challenges. The balance sheet is stronger with no debt, but the negative cash flow and reliance on external financing pose sustainability risks.

Income Statement

The company consistently reports zero revenue and negative profit margins, reflecting significant operational challenges in generating income. The EBIT and EBITDA margins remain deeply negative, indicating that operating expenses far exceed any income generated, which is concerning for profitability and sustainability.

Balance Sheet

The balance sheet shows a solid equity position with no total debt in the latest TTM period, which suggests low leverage and potential financial stability. However, the lack of revenue and continuous losses could erode this equity over time, posing risks to financial health.

Cash Flow

The company faces negative operating and free cash flows, indicating cash outflows exceed inflows, which is unsustainable in the long term. While financing activities have supported cash positions historically, the reliance on external funding could pose risks if operational performance does not improve.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-21.00K	-38.20K	-22.07K	-19.50K	-9.04K	0.00
	EBIT
-2.79M	-2.77M	-4.34M	-1.65M	-1.10M	-733.42K
	EBITDA
-3.00M	-2.77M	-4.14M	-1.62M	-1.08M	-733.42K
	Net Income Common Stockholders
-3.23M	-3.53M	-4.82M	-2.17M	-1.27M	-1.14M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.12M	5.91M	6.87M	542.57K	6.68M	1.55M
	Total Assets
37.23M	39.21M	42.29M	35.06M	27.15M	1.96M
	Total Debt
0.00	8.42K	26.46K	2.59M	3.69M	251.32K
	Net Debt
-3.12M	-5.90M	-6.84M	2.05M	-2.99M	-1.30M
	Total Liabilities
3.68M	3.48M	3.43M	4.03M	3.92M	693.11K
	Stockholders Equity
33.56M	35.73M	38.86M	31.03M	23.22M	1.27M
Cash Flow		Free Cash Flow
-2.85M	-943.51K	-8.69M	-3.80M	-14.89M	-825.71K
	Operating Cash Flow
-2.89M	1.57M	-8.65M	-1.77M	-3.11M	-825.71K
	Investing Cash Flow
-1.39M	-2.52M	-8.33M	-14.19M	-11.78M	-150.00K
	Financing Cash Flow
412.10K	-3.40K	23.31M	9.82M	20.02M	1.82M

Clean Air Metals Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AIR, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.68 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:AIR.

Clean Air Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LUN	64 Neutral	$10.12B	25.63	0.24%	3.13%	-2.71%	-188.94%
Sector *	47 Neutral	$2.64B	-3.21	-21.68%	3.30%	4.19%	-30.23%
AIR	41 Neutral	$13.76M	―	-9.43%	―	―	38.98%
GIGA	40 Underperform	C$11.09M	―	-8.54%	―	―	27.51%
FOM	39 Underperform	C$1.53B	―	-3.01%	―	―	8.92%
BAY	38 Underperform	C$12.65M	―	-349.78%	―	―	-184.91%

Clean Air Metals Corporate Events

Clean Air Metals Commences Strategic Winter Drilling Program

Clean Air Metals has announced the start of a 2000-metre winter drilling program at the Current deposit within its Thunder Bay North Critical Minerals project. This initiative aims to enhance the quality and quantity of near-surface high-grade zones, aligning with the company’s strategy to advance a high-grade, high-margin project. The drilling targets new zones identified from recent geophysical models and is expected to impact the company’s operational growth and industry positioning.

Clean Air Metals Shows Steady Financial Position

Clean Air Metals has released its interim financial statements for the nine months ending October 31, 2024, showcasing total assets of $37.2 million and shareholder equity of $33.6 million. Despite a net loss of $2.6 million during this period, the company remains confident in its financial standing to pursue its development plans. CEO Mike Garbutt highlighted the activation of a drill program and a revised development strategy for its Current deposit, aligning with its goals for 2025.

Clean Air Metals Seismic Survey Yields Promising Results

Clean Air Metals has reported encouraging results from a seismic survey at its Escape Deposit, indicating a potential one-kilometer down-plunge extension. The survey suggests high-grade target areas, which the company plans to evaluate further in 2025, contributing significantly to its Thunder Bay North Project.