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Clean Air Metals Inc. (CLRMF)

$0.05 +$0.01 (+14.05%) |CouncilHOLD · 42 · C
Bottom line: HOLD — our Council read (42/100) and AI Score (42/100) broadly agree.
MCap: $12.00M| Vol: 1| 52-wk range: $0.02 – $0.09
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Clean Air Metals Inc. (CLRMF) trades at $0.05 with AI Score 42/100 (Grade C). Clean Air Metals Inc. Market cap: $12.00M, Sector: Basic materials.

Price live · AI analysis from Mar 16, 2026
Clean Air Metals Inc. is an exploration stage company focused on acquiring and developing mineral properties in Canada, primarily targeting platinum, palladium, copper, and nickel deposits. With flagship projects in the Thunder Bay region, the company aims to capitalize on the growing demand for precious metals.

Analyst Coverage for CLRMF: CLRMF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CLRMF against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.

Council Score · Weighted Average of 3 Disciplines
HOLD 42/100 · C

CLRMF: the 1 perspectives are evenly split.

How is this calculated? →
Council Score · 8 perspectives · See tabs for details →

Clean Air Metals Inc. (CLRMF) Materials & Commodity Exposure

CEOMike Garbutt
Employees16
HeadquartersToronto, CA
IPO Year2021

Clean Air Metals Inc. specializes in the exploration and development of mineral properties in Canada, primarily focusing on platinum and palladium, positioning itself strategically within the growing demand for precious metals.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 16, 2026

What Is the Investment Thesis for CLRMF?

Clean Air Metals Inc. operates in a sector poised for growth, driven by increasing demand for platinum and palladium in automotive catalytic converters and electronics. With a market cap of $12.00M and a P/E ratio of -12.52, the company is currently in an exploration phase, which presents both opportunities and risks. The Thunder Bay North and Escape Lake projects are significant assets that could yield substantial returns if successful exploration leads to viable deposits. The company's strategic focus on sustainable practices and efficient management of its 16 employees positions it well to capitalize on market opportunities. However, investors may want to evaluate the inherent risks of exploration-stage companies, including regulatory challenges and market volatility. The next 12-24 months will be critical for Clean Air Metals as it seeks to advance its projects and potentially attract investment to fund further exploration efforts.

Based on FMP financials and quantitative analysis

CLRMF Key Highlights

  • Market cap of $12.00M reflects its exploration stage status.
  • P/E ratio of -12.52 indicates current losses typical for early-stage exploration companies.
  • Beta of 2.17 suggests higher volatility compared to the market.
  • No dividend yield as the company is reinvesting in exploration and development.
  • Small workforce of 16 employees allows for agile management and focused operations.

Who Are CLRMF's Competitors?

CLRMF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
CNRIF Condor Resources Inc. $0.12 +0.00% $18.04M 42
CWVWF Storm Exploration Inc. $0.30 +0.00% $6.20M 44
GBRRF Gabriel Resources Ltd. $0.11 -10.24% $24.52M 48
RVSDF Riverside Resources Inc. $0.19 -0.48% $13.84M 45
MTA Metalla Royalty & Streaming Ltd. acquires and manages precious metal royalties and streams, focusing on gold and silver. The company $7.48 -2.09% $698.95M 68
EMPYF Empress Royalty Corp. $0.61 -9.31% $80.81M 66
ARIS Aris Mining Corporation $15.89 -0.69% $3.28B 65
BVN Compañía de Minas Buenaventura S.A.A. is involved in the exploration, mining development, processing, and trading of precious and base metals. The company $29.86 +0.49% $7.59B 65

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are CLRMF's Key Strengths?

  • Focused exploration strategy targeting high-demand precious metals.
  • Experienced management team with a track record in mining.
  • Strategically located properties in a mineral-rich region.
  • Commitment to sustainable and responsible mining practices.

What Are CLRMF's Weaknesses?

  • Currently in the exploration stage with no revenue generation.
  • Limited workforce may restrict operational capacity.
  • High volatility associated with exploration-stage companies.
  • Dependence on external funding for exploration activities.

What Could Drive CLRMF Stock Higher?

  • Initiation of drilling programs at the Escape Lake project within the next 12 months.
  • Exploration activities at the Thunder Bay North property to assess mineral potential.
  • Potential partnerships with larger mining companies to advance exploration efforts.
  • Monitoring of precious metals market trends to capitalize on favorable pricing.
  • Strategic investor outreach to secure funding for exploration activities.

What Are the Key Risks for CLRMF?

  • Financial-distress signal — its Altman Z-Score of -1.32 sits in the distress zone (elevated bankruptcy risk).
  • Negative return on equity (-4.1%) — the business is not currently generating profit on shareholder capital.
  • Weak fundamentals — a Piotroski F-Score of 1/9 flags soft profitability, leverage or efficiency.
  • Regulatory challenges that could delay exploration activities.
  • Market volatility affecting the price of precious metals.
  • Competition from larger, established mining companies.
  • Environmental concerns that may impact project approvals.

What Are the Growth Opportunities for CLRMF?

  • Growth opportunity 1: The Thunder Bay North property holds significant potential for platinum and palladium deposits, with the region being historically rich in these minerals. As global demand for cleaner technologies increases, the company plans to ramp up exploration activities over the next 12-18 months, aiming to establish a resource estimate that could attract strategic partnerships and investment.
  • Growth opportunity 2: The Escape Lake project, with its 20 unpatented claims, offers a unique opportunity for Clean Air Metals to explore additional mineral deposits. The company plans to initiate drilling programs in the next 6-12 months, targeting potential nickel and copper resources that could complement its platinum and palladium focus, enhancing the overall portfolio value.
  • Growth opportunity 3: The increasing global push towards sustainable mining practices presents an opportunity for Clean Air Metals to differentiate itself. By adopting eco-friendly exploration methods and engaging with local communities, the company can enhance its reputation and potentially secure favorable regulatory conditions, which could expedite project approvals and development timelines.
  • Growth opportunity 4: Strategic partnerships with established mining companies could provide Clean Air Metals with the necessary capital and expertise to advance its projects. The company is actively seeking collaborations that could facilitate resource development and increase operational efficiency, particularly as it moves towards potential production phases in the coming years.
  • Growth opportunity 5: The rising prices of precious metals driven by market demand could significantly enhance the value of Clean Air Metals' properties. As exploration progresses and if successful deposits are confirmed, the company stands to benefit from favorable market conditions, potentially leading to lucrative sales or joint ventures with larger mining entities.

What Opportunities Does CLRMF Have?

  • Growing global demand for platinum and palladium.
  • Potential partnerships with larger mining firms for resource development.
  • Expansion of exploration activities to identify additional deposits.
  • Increasing prices for precious metals enhancing property valuations.

What Threats Does CLRMF Face?

  • Regulatory challenges associated with mineral exploration.
  • Market volatility affecting precious metals prices.
  • Competition from established mining companies with greater resources.
  • Environmental concerns that could impact exploration activities.

What Are CLRMF's Competitive Advantages?

  • Strategic location of properties in a historically rich mining region.
  • Focus on sustainable exploration methods enhancing community relations.
  • Experienced management team with industry knowledge and networks.
  • Potential for high-value mineral deposits in a growing market.
  • Small operational size allows for agile decision-making and cost management.

What Does CLRMF Do?

Clean Air Metals Inc. was founded as Regency Gold Corp. and rebranded in April 2020 to reflect its new strategic focus on precious metals exploration. Headquartered in Toronto, Canada, the company is dedicated to identifying, acquiring, and developing mineral properties, with a primary focus on platinum, palladium, copper, and nickel. Its flagship properties include the Thunder Bay North property, which encompasses 219 unpatented mining claims over approximately 40,816 hectares, and the Escape Lake project, consisting of 20 unpatented claims covering about 561.3 hectares. The Thunder Bay region is known for its rich mineral resources, making it a strategic area for exploration. Clean Air Metals aims to leverage its exploration efforts to uncover valuable deposits that can contribute to the growing demand for these metals in various industries, including automotive and electronics. With a small team of 16 employees, the company is positioned to efficiently manage its exploration activities while focusing on sustainable practices. As it continues to explore and develop its properties, Clean Air Metals is committed to advancing its projects and enhancing shareholder value through strategic partnerships and responsible resource management.

What Products and Services Does CLRMF Offer?

  • Identify and acquire mineral properties in Canada.
  • Engage in the exploration and development of precious metals.
  • Focus on platinum, palladium, copper, and nickel deposits.
  • Manage flagship properties including Thunder Bay North and Escape Lake.
  • Conduct geological surveys and drilling programs to assess mineral potential.
  • Implement sustainable mining practices in exploration activities.

How Does CLRMF Make Money?

  • Generate value through the exploration and development of mineral properties.
  • Potential revenue streams from future mining operations and partnerships.
  • Engage in joint ventures with larger mining companies for resource development.
  • Leverage market demand for precious metals to enhance property valuations.
  • Reinvest exploration proceeds into further property acquisitions and development.

What Industry Does CLRMF Operate In?

The precious metals industry is experiencing a resurgence driven by increased demand for platinum and palladium, particularly in the automotive sector for catalytic converters. The market for these metals is projected to grow as global emissions regulations tighten, pushing manufacturers towards cleaner technologies. Clean Air Metals Inc. operates within this competitive landscape alongside peers such as CNRIF, CWVWF, GBRRF, MXROF, and RVSDF, each vying for exploration rights to lucrative mineral deposits. The overall market for precious metals is expected to expand, providing opportunities for companies like Clean Air Metals to capitalize on rising prices and demand.

Who Are CLRMF's Key Customers?

  • Mining companies seeking to acquire mineral resources.
  • Investors interested in precious metals exploration.
  • Joint venture partners looking for strategic alliances.
  • Local communities benefiting from sustainable mining practices.
  • Government agencies involved in mineral rights and regulations.
AI Confidence: 71% Updated: Mar 16, 2026

Company Profile

Clean Air Metals Inc. operates in the Other Precious Metals industry within the Basic Materials sector. It is headquartered in Toronto, CA. The company is led by CEO Mike Garbutt. CLRMF has traded publicly since 2021.

How Clean Air Metals Inc. Is Valued

Clean Air Metals Inc. carries a market capitalization of $12.00M, placing it in the micro-cap category. Relative to its peer group, CLRMF's quantitative score of 42/100 is roughly in line with the peer average of 49/100.

ROE -4%Key Financial Metrics

Return on equity for Clean Air Metals Inc. stands at -4.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -3.8%, showing how much profit it generates from its asset base. Its free cash flow yield is -12.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.37 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -9.9%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 1/9Financial Health

Clean Air Metals Inc.'s Piotroski F-Score is 1/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -1.32 places it in the distress zone, a signal of elevated financial risk.

CLRMF Financials

Fundamental Snapshot

Net Income Growth (FY)
+56.4%
EPS Growth (FY)
+59.3%
Free Cash Flow Growth (FY)
+58.1%
Return on Equity (TTM)
-4.1%
Current Ratio
0.4

Based on FMP financials and quantitative analysis · FY 2026

Bull Case vs Bear Case

Bull Case

  • Recent insider buying suggests confidence in Clean Air Metals' future, indicating that executives believe the company is undervalued.
  • Community sentiment has shifted positively, with discussions highlighting the company's innovative approach to sustainable mining.
  • Recent partnerships in the clean energy sector have bolstered the company's credibility and potential market reach.
  • The growing demand for clean metals aligns well with global sustainability trends, positioning Clean Air Metals favorably for future growth.

Bear Case

  • Concerns about regulatory hurdles in the mining industry have surfaced, creating uncertainty around project timelines and operational costs.
  • Social sentiment has shown some skepticism regarding the company's ability to scale operations effectively in a competitive market.
  • Recent market developments have raised questions about the sustainability of metal prices, which could impact profitability.
  • Some community members express doubts about the company's financial health and long-term viability, reflecting broader market apprehension.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

CLRMF Latest News

CLRMF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CLRMF.

Price Targets

Wall Street price target analysis for CLRMF.

CLRMF MoonshotScore

42/100

What does this score mean?

The MoonshotScore rates CLRMF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Mike Garbutt

CEO

Mike Garbutt has extensive experience in the mining and exploration industry, having held various leadership roles in several mining companies. He has a strong background in mineral exploration, project management, and corporate development. His educational qualifications include a degree in geology, which provides him with a solid foundation for leading Clean Air Metals. Under his leadership, the company has focused on sustainable practices and strategic growth in mineral exploration.

Track Record: Since taking the helm, Mike Garbutt has successfully rebranded the company and refocused its exploration strategy towards precious metals. His leadership has been instrumental in advancing the Thunder Bay North and Escape Lake projects, positioning Clean Air Metals for future growth.

CLRMF OTC Market Information

The OTC Other tier includes companies that do not meet the requirements for higher tiers such as OTCQX or OTCQB. These companies may have less stringent reporting requirements, which can affect transparency and investor confidence. Investors should be aware that trading on this tier may involve higher risks due to lower liquidity and less oversight.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: The liquidity of Clean Air Metals Inc. is likely lower than companies on major exchanges, with potentially wider bid-ask spreads and lower trading volumes. Investors may experience challenges in executing trades without impacting the stock price significantly.
OTC Risk Factors:
  • Lower regulatory oversight compared to companies listed on major exchanges.
  • Potential for higher volatility due to lower trading volumes.
  • Limited financial disclosures may affect investment decisions.
  • Increased risk of fraud or misrepresentation in OTC markets.
Due Diligence Checklist:
  • Verify the company's exploration permits and licenses.
  • Review recent exploration results and geological studies.
  • Assess the management team's experience and track record.
  • Investigate potential partnerships or joint ventures.
  • Monitor market trends for precious metals and their impact on valuations.
Legitimacy Signals:
  • Engagement with local communities and stakeholders.
  • Transparent communication of exploration results and strategies.
  • Participation in industry conferences and events.
  • Collaboration with established mining firms for exploration.

Common Questions About CLRMF (Basic Materials)

What does Clean Air Metals Inc. do?

Clean Air Metals Inc. is focused on the exploration and development of mineral properties in Canada, particularly targeting platinum, palladium, copper, and nickel deposits. The company operates flagship projects in the Thunder Bay region, where it conducts geological surveys and drilling programs to assess the potential for valuable mineral resources.

What do analysts say about CLRMF stock?

Analysts generally view Clean Air Metals as a speculative investment due to its exploration stage status and lack of revenue. Key valuation metrics include its market cap of $12.00M and a P/E ratio of -12.52. The company's future growth will depend on successful exploration outcomes and market conditions for precious metals.

What are the main risks for CLRMF?

Clean Air Metals faces several risks, including regulatory challenges that may delay exploration activities, market volatility impacting precious metals prices, and competition from established mining companies. Additionally, environmental concerns could pose threats to project approvals, which are critical for the company's exploration and development efforts.

What are the key factors to evaluate for CLRMF?

Clean Air Metals Inc. (CLRMF) holds an AI score of 42/100 (low). Not financial advice.

How frequently does CLRMF data refresh on this page?

CLRMF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven CLRMF's recent stock price performance?

Clean Air Metals Inc. (CLRMF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Focused exploration strategy targeting high-demand precious metals. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider CLRMF overvalued or undervalued right now?

Valuing Clean Air Metals Inc. (CLRMF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

What research should beginners do before buying CLRMF?

Before investing in Clean Air Metals Inc. (CLRMF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • The company is in the exploration stage, and financial metrics may change as exploration progresses.
Data Sources

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