EEE Exploration Corp. (SPOD) AI Stock Analysis

• Market Cap: C$2.49M
• Dividend Yield: N/A
• Average Volume (3M): 16.43K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.56
• Revenue Growth: N/A
• EPS Growth: 59.64%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 83,115,310
• 10 Day Avg. Volume: 22,400
• 30 Day Avg. Volume: 16,426
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -1.10
• 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

Overall, TSE:SPOD faces significant financial hurdles with no revenue and ongoing losses. Technical analysis indicates the stock is oversold, but the downward trend and negative valuation metrics reflect broader challenges. The absence of an earnings call and no corporate events further limit insights into potential improvements.

EEE Exploration Corp. Business Overview & Revenue Model

Company Description

EEE Exploration Corp. (SPOD) is a dynamic company operating in the mining and natural resources sector, specifically focusing on the exploration and development of lithium-rich mineral deposits. The company's core activities include the identification, acquisition, and advancement of high-potential lithium projects globally. EEE Exploration Corp. aims to support the growing demand for lithium, a critical component in battery technology and renewable energy solutions.

How the Company Makes Money

EEE Exploration Corp. generates revenue primarily through the exploration and development of lithium mining projects. The company's revenue streams include the sale of lithium ore or processed lithium products to battery manufacturers and technology companies. Additionally, EEE Exploration may enter into strategic partnerships or joint ventures with other mining entities to share resources and expertise, enhancing their operational efficiency and market reach. Grants or incentives from government bodies supporting renewable energy initiatives can also contribute to the company's earnings. The fluctuating demand for lithium due to its use in electric vehicles and energy storage systems significantly impacts its revenue potential.

EEE Exploration Corp. Financial Statement Overview

Summary

The company has no revenue and persistent net losses, leading to a low income statement score. While the balance sheet shows no debt, negative equity in some years and poor asset growth are concerning. Cash flow issues due to consistently negative operating and free cash flows further highlight financial instability.

Income Statement

The company has shown consistent negative net income over the years with zero revenue generation, indicating a lack of operational efficiency and growth. The absence of revenue growth and persistent losses portray a challenging financial landscape.

Balance Sheet

The company's balance sheet shows a strong equity position with no debt, which is a positive sign. However, the company has negative equity in some years and low total assets, which could limit future growth opportunities.

Cash Flow

The company has consistently negative operating and free cash flows, which indicate poor cash generation from operations. Although there are occasional financing inflows, the lack of operational cash flow sustainability poses a significant risk.

Breakdown
TTM	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
578.08K	-1.36M	-261.34K	-317.90K	-55.36K	-57.91K
	EBITDA
-719.10K	-1.25M	-302.59K	-317.90K	-55.36K	-57.91K
	Net Income Common Stockholders
-624.26K	-1.25M	-303.22K	-282.10K	-55.36K	-57.91K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
558.70K	382.18K	36.63K	444.67K	15.94K	6.17K
	Total Assets
4.99M	3.14M	710.58K	639.34K	15.94K	6.17K
	Total Debt
0.00	0.00	0.00	0.00	2.81K	0.00
	Net Debt
-546.20K	-369.68K	-36.63K	-444.67K	-13.13K	-6.17K
	Total Liabilities
423.52K	191.54K	143.30K	94.96K	58.96K	14.84K
	Stockholders Equity
4.56M	2.95M	567.28K	544.38K	-43.02K	-8.66K
Cash Flow		Free Cash Flow
-501.74K	-2.29M	-408.04K	-406.50K	-14.04K	-107.95K
	Operating Cash Flow
-102.44K	-1.54M	-245.34K	-274.46K	-14.04K	-107.95K
	Investing Cash Flow
-809.95K	-757.25K	-162.69K	-132.04K	0.00	0.00
	Financing Cash Flow
1.44M	2.63M	0.00	835.23K	23.81K	46.66K

EEE Exploration Corp. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SPOD, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 24.92 is Positive, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SPOD.

EEE Exploration Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SGML	56 Neutral	$1.24B	―	-40.19%	―	32.63%	-58.81%
Sector *	47 Neutral	$2.49B	-2.97	-22.93%	3.49%	4.06%	-27.72%
AVL	42 Neutral	$15.37M	―	-5.23%	―	―	-11500.00%
LAC	39 Underperform	C$820.07M	―	-4.13%	―	―	―
CRE	37 Underperform	$93.68M	60.56	2.13%	―	―	―
SPOD	33 Underperform	C$2.49M	―	-6.52%	―	―	59.64%

EEE Exploration Corp. Corporate Events

SPOD Lithium Completes Second Tranche of Private Placement

SPOD Lithium Corp. has successfully closed the second tranche of its non-brokered private placement, raising $85,000 by issuing 1.7 million units. Each unit consists of a common share and a warrant, which can be converted into an additional share at $0.10 within 24 months. The funds are intended for general working capital, and future tranches of the offering are planned.

SPOD Lithium Unveils Positive Exploration Results

SPOD Lithium Corp. has announced promising lithium exploration results from its MegaLi and LG4 properties in Quebec, revealing high-potential drilling targets. The company plans to commence a fully funded drill program, valued at approximately one million dollars, by the end of 2024. This development comes as SPOD capitalizes on geological similarities with a nearby major lithium deposit.