Colibri Resource (CBI) AI Stock Analysis

• Market Cap: C$3.46M
• Dividend Yield: N/A
• Average Volume (3M): 151.26K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.15
• Revenue Growth: N/A
• EPS Growth: -9.52%
• Country: CA
• Employees: N/A
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 115,417,625
• 10 Day Avg. Volume: 117,541
• 30 Day Avg. Volume: 151,263
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -4.90
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Colibri Resource Corporation faces substantial financial and operational challenges, with negative profitability and poor technical indicators. While recent corporate events suggest potential improvements, the stock remains risky due to high leverage and lack of revenue generation.

Colibri Resource Business Overview & Revenue Model

Company Description

Colibri Resource (CBI) is a natural resource exploration company focused on the acquisition, exploration, and development of mineral properties in North America. The company primarily targets gold, silver, and copper projects, leveraging its expertise in geology and mining to identify and develop promising mineral assets. Colibri Resource aims to create value for its shareholders through strategic exploration and partnerships.

How the Company Makes Money

Colibri Resource makes money through the exploration and development of mineral properties, which can lead to the sale or joint venture of these assets with larger mining companies. Revenue is generated through the sale of mineral rights, royalties from producing mines, and potential equity stakes in joint ventures. Additionally, Colibri may raise funds for exploration activities by issuing shares or securing investment from strategic partners. The company’s earnings are significantly influenced by the market prices of the minerals they explore, as well as the success of their exploration projects in proving economically viable mineral deposits.

Colibri Resource Financial Statement Overview

Summary

Colibri Resource is facing significant financial challenges with continuous losses, negative cash flows, and high leverage. The lack of revenue generation and declining equity are major concerns.

Income Statement

Colibri Resource shows consistent losses with no revenue generation. The gross profit and net income remain negative, indicating poor profitability. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies and financial distress.

Balance Sheet

The company has a high debt-to-equity ratio indicating significant leverage, which poses financial risk. Stockholders' equity has been declining, and the equity ratio is decreasing, which could affect financial stability. However, total assets have shown some growth in past years, which is a positive indicator.

Cash Flow

Colibri Resource is experiencing negative operating and free cash flows, highlighting liquidity challenges. There is a lack of consistent free cash flow generation, and the operating cash flow to net income ratio is unfavorable. Financing cash flows are positive, indicating reliance on external funding.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-103.95K	-119.89K	-90.67K	-87.69K	-27.60K	-777.00
	EBIT
-727.88K	-775.34K	-884.24K	-1.25M	-610.95K	-590.84K
	EBITDA
-602.15K	-339.35K	-355.88K	432.33K	-565.20K	-565.81K
	Net Income Common Stockholders
-1.12M	-784.75K	-667.60K	162.02K	49.92K	-183.66K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
919.31K	680.92K	654.10K	2.26M	823.64K	647.15K
	Total Assets
6.39M	6.50M	5.91M	5.72M	3.23M	2.42M
	Total Debt
0.00	1.84M	1.86M	1.43M	1.43M	970.08K
	Net Debt
-919.31K	1.46M	1.78M	119.22K	1.09M	622.93K
	Total Liabilities
140.83K	2.38M	2.05M	1.67M	2.04M	1.55M
	Stockholders Equity
6.25M	4.12M	3.87M	4.05M	1.19M	874.21K
Cash Flow		Free Cash Flow
-1.48M	―	-2.36M	-2.51M	-1.07M	-664.22K
	Operating Cash Flow
-698.66K	―	-952.21K	-1.11M	-474.89K	-582.89K
	Investing Cash Flow
98.03K	―	-575.51K	-9.98K	226.30K	14.40K
	Financing Cash Flow
696.22K	442.08K	213.13K	2.13M	270.68K	896.76K

Colibri Resource Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CBI, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 43.73 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CBI.

Colibri Resource Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$4.27B	11.40	5.38%	214.63%	4.11%	-8.98%
VGZ	59 Neutral	$166.77M	11.04	98.42%	―	―	―
KTR	53 Neutral	C$1.71M	―	-14.31%	―	-39.04%	-28.36%
NOB	41 Neutral	C$10.68M	―	-15.16%	―	―	-9.80%
CBI	30 Underperform	C$3.46M	―	-34.36%	―	―	-9.52%

Colibri Resource Corporate Events

Colibri Resource Corporation Announces Private Placement to Support Exploration and Debt Management

Colibri Resource Corporation, a company listed on the TSX Venture Exchange, has announced a non-brokered private placement to raise up to $250,000 through the issuance of 10,000,000 units, each comprising a common share and a purchase warrant. The proceeds from this offering will be used primarily for exploration expenses in Mexico, debt payments, and reimbursements to non-arm’s length parties. This strategic move is expected to enhance Colibri’s operational capabilities and financial flexibility, with potential impacts on its market positioning and stakeholder relations.

Colibri Advances Drilling at Pilar Project, Eyeing Near-term Gold and Silver Production

Colibri Resource Corporation has completed six of its planned diamond drilling holes at the El Pilar Gold & Silver Project in Sonora, Mexico, as part of a 1,250 metre program. In collaboration with its partner Tocvan Ventures, the drilling aims to enhance the geological model of the area and contribute to a Maiden Resource Estimate. The project is seen as holding significant potential for near-term gold and silver production, following promising historical drill results and metallurgical tests. The ongoing drilling is expected to further define and expand the mineralization zones, which could strengthen Colibri’s position in the gold-silver mining sector.

Colibri Resource Announces New Private Placement and Receives TSXV Acceptance

Colibri Resource Corporation announced a new non-brokered private placement to raise up to $250,000 for exploration expenses and working capital. This move is expected to support the company’s ongoing projects in Mexico. Additionally, Colibri received final acceptance from the TSX Venture Exchange for a previous private placement, correcting earlier disclosure errors and highlighting the company’s efforts in securing investment and maintaining transparency.

Colibri and Tocvan Begin Drilling at Pilar Gold & Silver Project

Colibri Resource Corporation, along with its partner Tocvan Ventures, has initiated a diamond core drilling program at the Pilar Gold & Silver Project, targeting the Main Zone. This development is part of a broader strategy to advance the project towards production, with plans for a test mine and bulk sampling scheduled for later in the year. The program’s results are expected to enhance the geological model and contribute to a maiden resource estimate, positioning Pilar as a near-term producer with significant potential. The project has yielded promising drill results, suggesting a strong future for gold and silver production.

Colibri Resource Reports Promising Drill Results

Colibri Resource Corporation and its partner Silver Spruce Resources have announced promising drilling results at their Diamante property in Sonora, Mexico, uncovering significant mineralization including silver and zinc. The 2024 drill program highlighted a key intercept with high-grade silver and zinc mineralization over a short distance. This successful drilling campaign could spark interest among investors looking at resource exploration opportunities.

Colibri Resource to Begin Drilling at Pilar Project

Colibri Resource Corporation and its partner, Tocvan Ventures Corp., are set to begin a diamond drilling program at the Pilar Gold & Silver Project in Sonora, Mexico, targeting a robust geological model for a maiden resource estimation. The project aims to become a near-term producing asset, with plans for a 50,000-tonne bulk test mine sample next year to further evaluate its potential. This initiative highlights the collaboration’s commitment to advancing the project’s development and enhancing shareholder value.