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 🔹
- 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