Grid Battery Metals Inc.
A Deep Value Play with a Promising Early-Stage Lithium & Copper Portfolio
Published: 1/13/2025
Author: FRC Analysts
Sector: Basic Materials | Industry: Industrial Materials
Ticker Symbols:CELL.V - TSX 🔹
Rating and Key Data
| Metrics | Value |
|---|---|
| Current Price | CAD $0.04 |
| Fair Value | CAD $0.19 |
| Risk | 5 |
| 52 Week Range | CAD $0.02-0.08 |
| Shares O/S (M) | 188 |
| Market Cap. (M) | CAD $7 |
| Current Yield (%) | N/A |
| P/E (forward) | N/A |
| P/B | 0.9 |
Already a subscriber?
Want to know the fair value of the stock?
Subscribe for free to get exclusive insights and data.
Report Highlights
- We believe CELL is highly undervalued, with a MCAP of $6.5M, almost matching its cash balance of $4.5M, indicating that the market assigns little value to its projects.
- Since our initiating report in May 2024, CELL has entered into an agreement to acquire a copper project in the Omineca copper district of north-central B.C., an area renowned for its porphyry copper-gold mines/deposits. We view this transaction as a strategic move by CELL, offering commodity diversification, especially given that the company's portfolio is focused on lithium projects.
- The mineralization of CELL’s lithium projects (Texas Spring, Clayton Valley, and Volt Canyon) is similar to that of advanced stage projects in Nevada, such as Lithium A
