TSX-V

Hayasa Metals Inc.

HAY.V•Basic Materials•Gold
Current Price
$0.07
Today's Change
+8.33%
Market Cap
$4.35M
Volume
29.00K
🥇

Commodity Exposure

Gold

Current Price
$4,076.10/oz
-1.78% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

Hayasa Metals Inc. is an exploration stage company focused on acquiring and evaluating gold and copper mineral properties in Armenia. While it has a solid liquidity position with a current ratio of 1.75 and no debt, the negative return on equity (ROE) of -53.5% and return on assets (ROA) of -34.2% raise concerns about profitability and operational efficiency. The stock's recent 8.33% increase may indicate speculative interest, but the low market cap of $4.35M suggests potential volatility and risk for investors.

Based on 21 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.09
52 Week Low$0.05
Avg Volume32.26K
Beta0.30
Shares Outstanding72.50M

🔥 Valuation

Market Cap$4.35M
Enterprise Value$3.48M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

🔴

Cash Runway Critical

Company has $491K in cash but burned $294K last quarter. At this burn rate, only 1.7 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-1.4M over the last year, representing Infinity% of revenue.

🌟 Opportunities

🚀

Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

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