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Company price
None CAD 0.00(0%)
Last update at 2026-11-03T21:03:46.794977Z
Market Cap
93.00M

Momentum Score

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Forsys Metals Corp. together with its subsidiaries, engages in the acquisition, exploration, and development of uranium mineral properties in Africa. Its flagship project is the Norasa uranium project comprising the Valencia uranium project; and the Namibplaas uranium project that covers approximately 1,266 hectares located in the Republic of Namibia. The company was formerly known as Forsys Technologies Inc. and changed its name to Forsys Metals Corp. in June 2005. Forsys Metals Corp. was incorporated in 1985 and is headquartered in Toronto, Canada.

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52 Week Price Range
0.26
Low
0.78
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Forsys Metals Corp is a Canadian-listed mineral company focused on uranium exploration and development, primarily in Namibia, and holds advanced-stage projects that aim to move toward production. Long-term growth drivers include rising global nuclear power demand that may support uranium prices, project permitting and development progress, and potential resource expansions.
Key risks include uranium price volatility and the need for substantial financing plus permitting and execution risk in Namibia that could delay or prevent project development.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
-
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-6.13%
Net Debt
-18.71M
ROCE
-4.74%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -1.99M -2.61M -5.77M 6.39M -3.86M
Minority interest - - 0.00M -1.29M 0.00M
Net income -1.99M -2.66M -5.82M 3.25M -3.86M
Selling general administrative 1.79M 2.32M 1.76M 1.76M 3.86M
Selling and marketing expenses - 0.60M 4.38M - -
Ebit - -5.27M -5.77M -8.47M -3.86M
Ebitda -2.13M -2.61M 0.38M -9.77M -3.85M
Depreciation and amortization - 2.66M 6.15M -1.29M 0.01M
Operating income -2.13M -2.92M -6.15M -8.47M -3.86M
Other operating expenses 2.13M 2.66M 6.15M 1.76M 3.86M
Interest expense - 0.30M 0.61M 14.86M 0.00M
Tax provision 0.00M 0.05M 0.06M 3.14M -
Interest income 0.12M 0.30M 0.60M 0.15M 0.00M
Net interest income 0.12M 0.30M 0.60M 0.15M 0.00M
Income tax expense - 0.05M 0.06M 3.14M -0.01M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 2.13M 2.92M 6.15M 1.76M 3.86M
Total other income expense net 0.14M 0.31M 0.38M 14.86M 0.00M
Net income from continuing ops -1.99M -2.66M -5.82M 3.25M -3.86M
Net income applicable to common shares - -2.66M -5.82M 1.96M -3.86M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 45.17M 21.62M 24.27M 27.32M 24.86M
Other current assets 0.28M 0.20M 0.15M 0.06M 0.02M
Total liab 1.65M 0.34M 2.04M 2.15M 0.08M
Total stockholder equity 43.52M 21.28M 22.24M 25.17M 24.78M
Other current liab 0.09M - 1.91M 2.05M -
Common stock 195.10M - 174.21M 174.21M 174.21M
Capital stock 195.10M 176.21M 174.21M 174.21M 174.21M
Retained earnings -186.74M -184.75M -182.09M -182.36M -184.32M
Other assets - - - - 0.00M
Cash 18.71M 3.33M 12.41M 16.92M 12.56M
Cash and equivalents - - - 16.92M 12.56M
Total current liabilities 0.36M 0.34M 2.04M 2.15M 0.08M
Net debt -18.71M - -12.41M -16.92M -12.56M
Short term debt - - - 0.00M 0.00M
Other stockholder equity 53.58M - 51.21M 53.08M 53.08M
Property plant equipment - - - 10.28M 9.90M
Total current assets 19.16M 3.67M 12.91M 17.04M 12.61M
Long term investments - - - 0.00M 2.35M
Net tangible assets - - - - 24.78M
Net receivables 0.18M 0.14M 0.35M 0.06M 0.03M
Accounts payable 0.28M 0.34M 0.13M 0.10M 0.08M
Accumulated other comprehensive income -18.42M - -21.09M -19.76M -18.20M
Non current assets total 26.01M 17.96M 11.36M 10.28M 12.25M
Long term debt total - - - 0.00M 0.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -5.56M -1.47M 6.87M -0.07M
Change to liabilities - - - - -0.06M
Total cashflows from investing activities -4.81M -5.56M -1.47M 6.87M -0.07M
Total cash from financing activities 22.29M 0.63M -0.00M -0.00M 13.12M
Change to operating activities - - - - 0.00M
Net income -1.99M -2.66M -5.82M 3.25M -3.86M
Change in cash 15.38M -9.08M -4.52M 4.36M 11.69M
Begin period cash flow 3.33M 12.41M 16.92M 12.56M 0.88M
End period cash flow 18.71M 3.33M 12.41M 16.92M 12.56M
Total cash from operating activities -2.26M -4.19M -2.71M -2.86M -1.35M
Issuance of capital stock 23.93M - - 0.00M 13.00M
Other cashflows from investing activities -0.47M 0.30M 0.60M 7.19M 0.00M
Change to inventory - - -0.02M - -
Change to account receivables -0.03M 0.22M -0.29M - -0.01M
Sale purchase of stock - 0.63M - 0.00M 1.50M
Other cashflows from financing activities -1.64M - -0.00M 6.87M 0.12M
Change to netincome - - - - 2.58M
Capital expenditures 4.34M 5.86M 2.07M 0.32M 0.07M
Change in working capital -0.16M -1.57M -0.50M 2.05M -0.07M
Stock based compensation 0.00M 0.34M 4.22M 0.00M 2.58M
Other non cash items -0.12M -0.30M -0.60M -8.16M -0.00M
Free cash flow -6.60M -10.05M -4.78M -2.86M -1.35M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
TECK-B
Teck Resources Limited
-1.25
1.43%
86.46 12.14 9.12 1.91 0.97 2.53 6.34
TECK-A
Teck Resources Limited
-1.39
1.58%
86.36 12.13 9.34 1.91 0.99 2.58 6.47
IVN
Ivanhoe Mines Ltd.
-0.09
1.00%
8.91 44.19 31.45 37.10 2.17 30.10 40.94
NGEX
NGEx Minerals Ltd.
0.46
2.27%
20.73 - - - 13.49 - -21.12

Profile*

Forsys Metals Corp.

Forsys Metals Corp. together with its subsidiaries, engages in the acquisition, exploration, and development of uranium mineral properties in Africa. Its flagship project is the Norasa uranium project comprising the Valencia uranium project; and the Namibplaas uranium project that covers approximately 1,266 hectares located in the Republic of Namibia. The company was formerly known as Forsys Technologies Inc. and changed its name to Forsys Metals Corp. in June 2005. Forsys Metals Corp. was incorporated in 1985 and is headquartered in Toronto, Canada.

20 Adelaide Street East, Toronto, ON, Canada, M5C 2T6

416-818-4035

12

Name Title Year Born
Mr. Mark R. Frewin CEO & Director NA
Mr. Miles A. Nagamatsu C.A., CPA, CA, CPA Chief Financial Officer 1956
Mr. Richard Parkhouse Director of Investor Relations & Independent Director NA
Mr. Jorge Estepa B.A. Corp. Sec. & Director NA
Mr. Richard Parkhouse Director & Director of Investor Relations NA
Mr. Jorge Estepa B.A. Corporate Secretary & Director NA
Mr. Richard Parkhouse Director of Investor Relations NA
Mr. Miles A. Nagamatsu C.A., CPA Chief Financial Officer 1956

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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