Tantalex Resources (TTX) AI Stock Analysis

• Market Cap: C$13.18M
• Dividend Yield: N/A
• Average Volume (3M): 74.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: N/A
• EPS Growth: 37.50%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 878,987,060
• 10 Day Avg. Volume: 30,775
• 30 Day Avg. Volume: 74,634
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 34.97
• Price to Cash Flow (P/CF): -2.50
• 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

Tantalex Resources is struggling with significant profitability and solvency issues, reflected in its poor financial performance scores. The technical indicators suggest a neutral to slightly bearish trend, while the valuation metrics indicate a lack of investor appeal due to negative profitability and no dividend yield. These challenges overshadow any potential positive momentum, resulting in a low overall stock score.

Tantalex Resources Business Overview & Revenue Model

Company Description

Tantalex Lithium Resources Corp. engages in the acquisition, exploration, development, and distribution of lithium, tantalum, cobalt, tin, and other mineral properties in Africa. It primarily holds interest in the Manono-Kitotolo Lithium Tailings project located at Manono in the province of Tanganyika, the Democratic Republic of Congo; and Lubule Tantulum and Tin project. The company was formerly known as Tantalex Resources Corporation and changed its name to Tantalex Lithium Resources Corp. in May 2022. Tantalex Lithium Resources Corp. was incorporated in 2009 and is headquartered in Toronto, Canada.

How the Company Makes Money

Tantalex Resources generates revenue through the extraction and sale of critical minerals such as lithium and tantalum. The company capitalizes on the increasing demand for these minerals due to their essential applications in electronics, batteries, and other high-tech industries. Revenue streams include direct sales of mined resources to manufacturers and industrial clients. Additionally, Tantalex may engage in strategic partnerships with other mining and technology firms to enhance exploration and production capabilities, which could also contribute to its earnings.

Tantalex Resources Financial Statement Overview

Summary

Tantalex Resources is facing significant financial headwinds with persistent losses, high leverage, and negative cash flow, which pose risks to its operational sustainability. The company needs to address its profitability and cash flow issues while managing its debt levels to ensure long-term viability.

Income Statement

Tantalex Resources has experienced a challenging financial performance with continuous losses and negative margins. The TTM data shows a gross profit margin of -166.73%, net profit margin of -1878.49%, EBIT margin of -952.76%, and EBITDA margin of -1088.16%, indicating significant profitability issues. Moreover, the revenue growth from zero to a small positive number is not sufficient to offset these losses.

Balance Sheet

The company's balance sheet reflects substantial financial leverage and a negative equity position, with a debt-to-equity ratio that cannot be calculated due to negative equity. The equity ratio is also negative, at -120.99%, indicating liabilities far exceed assets. This raises concerns about solvency and financial stability.

Cash Flow

Tantalex Resources exhibits negative free cash flow and operating cash flow, with no positive cash flow metrics to offset these concerns. The free cash flow growth rate is negative, and the operating cash flow to net income and free cash flow to net income ratios reflect ongoing cash management challenges.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
501.69K	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-836.52K	-593.08K	-309.20K	-253.95K	0.00	-101.06K
	EBIT
-4.78M	-13.94M	-10.54M	-10.92M	-1.44M	-1.31M
	EBITDA
-5.46M	-13.35M	-10.22M	-10.67M	-1.49M	-4.24M
	Net Income Common Stockholders
-9.42M	-15.62M	-4.30M	-18.12M	-4.77M	-6.44M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
178.58K	846.14K	110.96K	367.56K	400.97K	54.72K
	Total Assets
20.79M	19.11M	9.03M	5.95M	495.17K	7.28M
	Total Debt
32.76M	30.51M	25.83M	15.20M	4.43M	6.32M
	Net Debt
32.58M	29.67M	25.72M	14.83M	4.03M	6.26M
	Total Liabilities
47.44M	44.00M	29.07M	21.36M	9.24M	10.07M
	Stockholders Equity
-25.15M	-23.38M	-18.50M	-13.74M	-8.13M	-1.65M
Cash Flow		Free Cash Flow
-7.43M	-11.20M	-10.20M	-13.80M	-390.32K	-1.38M
	Operating Cash Flow
-6.54M	-9.74M	-7.94M	-8.06M	-390.32K	1.65M
	Investing Cash Flow
-894.03K	-1.46M	-2.73M	-5.74M	0.00	-3.03M
	Financing Cash Flow
6.50M	11.93M	10.42M	13.76M	736.57K	1.32M

Tantalex Resources Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TTX, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.47 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TTX.

Tantalex Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GMA	51 Neutral	C$20.79M	―	-58.91%	―	-83.85%	-24.32%
Sector *	49 Neutral	$1.92B	-1.52	-22.04%	3.84%	0.67%	-27.41%
LTH	42 Neutral	C$114.45M	―	-408.27%	―	―	39.98%
FMC	37 Underperform	C$13.65M	―	-724.49%	―	―	-30.65%
TTX	26 Underperform	C$13.18M	―	66.82%	―	―	37.50%

Tantalex Resources Corporate Events

Tantalex Lithium Resources Announces $1.5M Private Placement and Management Reshuffle

Tantalex Lithium Resources Corp. announced a non-brokered private placement of up to USD$1.5 million to fund project expenditures for the optimization of its TiTan tin and tantalum plant and for general working capital. Additionally, the company has undergone significant management changes, with the departure of CEO Eric Allard and the appointment of Richard Creitzman as interim CEO. The company also welcomed André Holtzhausen to the Board of Directors, who will oversee production and optimization efforts at the TiTan plant, highlighting a strategic focus on enhancing operational efficiency.

Tantalex Resumes Tin Exports, Eyes Stable Production in 2025

Tantalex Lithium Resources Corp. has resumed exporting tin concentrates from its TiTan plant in the DRC, completing its second export of 25 metric tons and planning further regular exports in 2025. Despite challenges in 2024, including issues with plant production and a downturn in the lithium market, the company anticipates improved operations and financial performance in 2025, supported by stable tin and tantalum markets and expected positive price movements.