EarthLabs (TSXV:SPOT) - Stock Price, News & Analysis

SPOT Stock Overview

A mining investment and technology company in Canada.

SPOT fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 42.8% per year over past 5 years

Does not have a meaningful market cap (CA$29M)

Does not have meaningful revenue (CA$5M)

EarthLabs Inc. Competitors

Cerro de Pasco Resources

CNSX:CDPR

CA$49.1m

Titan Mining

TSX:TI

CA$29.3m

Star Royalties

TSXV:STRR

CA$20.9m

Orbit Garant Drilling

TSX:OGD

CA$20.9m

Price History & Performance

Summary of all time highs, changes and price drops for EarthLabs
Historical stock prices
Current Share Price	CA$0.21
52 Week High	CA$0.28
52 Week Low	CA$0.14
Beta	2.07
11 Month Change	-2.33%
3 Month Change	5.00%
1 Year Change	5.00%
33 Year Change	-78.13%
5 Year Change	55.56%
Change since IPO	-44.74%

Recent updates

Should You Be Adding GoldSpot Discoveries (CVE:SPOT) To Your Watchlist Today?

May 02

Shareholder Returns

	SPOT	CA Metals and Mining	CA Market
7D	2.4%	10.9%	3.3%
1Y	5.0%	13.9%	13.1%

Return vs Industry: SPOT underperformed the Canadian Metals and Mining industry which returned 13.9% over the past year.

Return vs Market: SPOT underperformed the Canadian Market which returned 13.1% over the past year.

Price Volatility

Is SPOT's price volatile compared to industry and market?
SPOT volatility
SPOT Average Weekly Movement	11.9%
Metals and Mining Industry Average Movement	10.1%
Market Average Movement	8.1%
10% most volatile stocks in CA Market	16.8%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: SPOT has not had significant price volatility in the past 3 months.

Volatility Over Time: SPOT's weekly volatility (12%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Denis Laviolette	earthlabs.com

EarthLabs Inc., a mining investment and technology company in Canada. It operates through two segments: The Exploration Technology Division and The Financial Technology Division. The company offers a range of cloud-based and interoperable web applications; and virtual and in-person events through TNM Symposiums and data products, such as TNM Marco Polo, a mining intelligence subscription platform and TNM Maps which is distributed to an online audience.

EarthLabs Inc. Fundamentals Summary

How do EarthLabs's earnings and revenue compare to its market cap?
SPOT fundamental statistics
Market cap	CA$28.89m
Earnings (TTM)	-CA$17.36m
Revenue (TTM)	CA$5.33m

5.4x

P/S Ratio

-1.7x

P/E Ratio

Is SPOT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPOT income statement (TTM)
Revenue	CA$5.33m
Cost of Revenue	CA$7.88m
Gross Profit	-CA$2.55m
Other Expenses	CA$14.81m
Earnings	-CA$17.36m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.13
Gross Margin	-47.89%
Net Profit Margin	-325.97%
Debt/Equity Ratio	2.3%

How did SPOT perform over the long term?

See historical performance and comparison

SPOT Stock Overview

Rewards

Risk Analysis

EarthLabs Inc. Competitors

CNSX:CDPR

CA$49.1m

TSX:TI

CA$29.3m

TSXV:STRR

CA$20.9m

TSX:OGD

CA$20.9m

Price History & Performance

Recent News & Updates

Second quarter 2024 earnings released: CA$0.014 loss per share (vs CA$0.013 loss in 2Q 2023)

First quarter 2024 earnings released: EPS: CA$0.012 (vs CA$0.017 in 1Q 2023)

Full year 2023 earnings released: CA$0.12 loss per share (vs CA$0.045 loss in FY 2022)

EarthLabs Inc., Annual General Meeting, Jun 25, 2024

EarthLabs Inc. (TSXV:SPOT) completed the acquisition of The Northern Miner Group from Glacier RIG Ltd.

Third quarter 2023 earnings released: CA$0.043 loss per share (vs CA$0.028 loss in 3Q 2022)

Recent updates

Second quarter 2024 earnings released: CA$0.014 loss per share (vs CA$0.013 loss in 2Q 2023)

First quarter 2024 earnings released: EPS: CA$0.012 (vs CA$0.017 in 1Q 2023)

Full year 2023 earnings released: CA$0.12 loss per share (vs CA$0.045 loss in FY 2022)

EarthLabs Inc., Annual General Meeting, Jun 25, 2024

EarthLabs Inc. (TSXV:SPOT) completed the acquisition of The Northern Miner Group from Glacier RIG Ltd.

Third quarter 2023 earnings released: CA$0.043 loss per share (vs CA$0.028 loss in 3Q 2022)

EarthLabs Inc. (TSXV:SPOT) entered into a definitive agreement to acquire The Northern Miner Group from Glacier RIG Ltd for CAD 4 million.

EarthLabs Inc., Annual General Meeting, Sep 26, 2023

Insufficient new directors

New minor risk - Revenue size

Full year 2022 earnings released: CA$0.045 loss per share (vs CA$0.098 profit in FY 2021)

1377900 BC Ltd completed the acquisition of Consulting & Exploration Tech Division from EarthLabs Inc. (TSXV:SPOT).

Third quarter 2022 earnings released: CA$0.028 loss per share (vs CA$0.079 loss in 3Q 2021)

1377900 BC Ltd entered into an agreement to acquire Consulting & Exploration Tech Division from EarthLabs Inc. (TSXV:SPOT) for CAD 30 million.

Macdonald Mines Successfully Intersects High-Grade Mineralization on the Earthlabs's Alwyn Trend Target, SPJ Property

Second quarter 2022 earnings released: CA$0.065 loss per share (vs CA$0.13 profit in 2Q 2021)

GoldSpot Discoveries Corp., Annual General Meeting, Aug 16, 2022

First quarter 2022 earnings released: CA$0.005 loss per share (vs CA$0.06 profit in 1Q 2021)

Should You Be Adding GoldSpot Discoveries (CVE:SPOT) To Your Watchlist Today?

Full year 2021 earnings released

High number of new directors

Granite Creek Copper Identifies New Targets At Carmacks Copper-Gold Project Through Deployment of Goldspot Discoveries' Artificial Intelligence Technology

GoldSpot Discoveries Corp. (TSXV:SPOT) completed the acquisition of DigiGeoData Inc.

GoldSpot Discoveries Corp. (TSXV:SPOT) entered into a definitive agreement to acquire DigiGeoData Inc. for CAD 3.6 million.

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

GoldSpot Discoveries Corp. Generates Highpriority Gold Targets At the Tartoq AEX Gold Greenland Project

Investor sentiment improved over the past week

Investor sentiment improved over the past week

GoldSpot Discoveries Corp. and Critical Elements Identify Lithium Targets at the Critical Elements Bourier Claims and Report Discoveries Within Goldspot's AI Targets

GoldSpot Discoveries Corp. and Critical Elements Lithium Corporation Announce Results of Propertywide Comprehensive Data Review, Compilation, and Target Generation on Critical Element's New Block 16 and 7 Claims Within the Prolific Nemiscau Greenstone Belt in James Bay, Québec

Second quarter 2021 earnings released: EPS CA$0.13 (vs CA$0.03 in 2Q 2020)

GoldSpot Discoveries Corp. (TSXV:SPOT) entered into a definitive agreement CEO.CA Technologies Ltd from Pacific Website Company Inc. and Spiel Technologies Ltd for CAD 16.7 million.

GoldSpot Discoveries Corp. (TSXV:SPOT) completed the acquisition of Ridgeline Exploration Services Inc.

Investor sentiment deteriorated over the past week

GoldSpot Discoveries Corp. (TSXV:SPOT) entered into a definitive agreement to acquire Ridgeline Exploration Services Inc. from sellers for CAD 2.4 million.

Investor sentiment improved over the past week

GoldSpot Discoveries Corp. announced that it has received CAD 9.1455 million in funding from 2176423 Ontario Ltd.

Goldspot Discoveries and Tembo Gold Identify 54 Drill Targets on Tembo's Gold Project with A Strong Relationship to the Adjacent Bulyanhulu Mine

Investor sentiment improved over the past week

GoldSpot Discoveries Corp. announced that it expects to receive CAD 9.1455 million in funding

Goldspot Discoveries Corp. Provides Update on New Found Gold Investment and Royalties

First quarter 2021 earnings released: EPS CA$0.06 (vs CA$0.001 in 1Q 2020)

Insider recently bought CA$713k worth of stock

Goldspot Discoveries Corp. and Sterling Metals Corp. Identify Numerous Targets on the Sail Pond Silver Project in Newfoundland, and Announce Drilling Program

GoldSpot Discoveries Corp. announced that it expects to receive CAD 10 million in funding

Fortuna Silver Mines Inc. Engages GoldSpot Discoveries Corp.to Identify Targets

Goldspot Discoveries Identifies New Structure Parallel to New Found Gold's Discovery for Exploits Discovery

GoldSpot Discoveries Corp. Deploy New Inversion Process at Northstar Gold's Miller Gold Property

Third quarter 2020 earnings released: EPS CA$0.031

GoldSpot Discoveries Corp. announced that it expects to receive CAD 4 million in funding

New 90-day high: CA$0.32

GoldSpot Discoveries Corp. Engaged by Calibre Mining to Identify High Value Drill Targets and Deploy Core Imaging Technology

Metallic Minerals Corp. appoints GoldSpot Discoveries Corp. to Apply Machine Learning at its HighGrade Keno Silver Project in Yukon, Canada

New 90-day high: CA$0.21

New 90-day high: CA$0.20

Goldspot Discoveries Corp. Discovers New Gold System At Quebec Precious Metals' Elmer East Gold Project Using Artificial Intelligence

Cerrado Gold Inc Engages GoldSpot Discoveries Corp. to Apply Machine Learning

Shareholder Returns

Price Volatility