Canterra Minerals (CTM) AI Stock Analysis

• Market Cap: C$25.75M
• Dividend Yield: N/A
• Average Volume (3M): 128.04K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.39
• Revenue Growth: N/A
• EPS Growth: 11.84%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): -0.01
• Shares Outstanding: 343,321,380
• 10 Day Avg. Volume: 131,748
• 30 Day Avg. Volume: 128,039
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -8.10
• 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

Canterra Minerals scores low due to severe financial challenges, including no revenue and continuous losses. While technical indicators show some positive trends, the negative valuation and lack of income generation pose significant risks for investors.

Canterra Minerals Business Overview & Revenue Model

Company Description

Canterra Minerals Corporation, a resource company, engages in the acquisition, exploration, and evaluation of mineral properties in the Northwest Territories and Alberta. It holds diamond properties in the Northwest Territories and Alberta, as well as focuses on gold exploration in Newfoundland. The company holds interest in the Wilding gold project covering an area of 23,600 hectares located in central Newfoundland; Buffalo Hills property that comprises 21 mineral leases covering an area of 4,848 hectares located in Alberta, Canada; and the Clipper Brook property that comprises of 5 mineral licenses totaling 122.5 square kilometers located to the northeast strike extent of the Rogerson Lake Structural Corridor. It also holds an option agreement to acquire a 100% interest in the East Alder gold project located in central Newfoundland. The company was formerly known as Diamondex Resources Ltd. and changed its name to Canterra Minerals Corporation in December 2009. Canterra Minerals Corporation was incorporated in 1999 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Canterra Minerals makes money through the exploration and development of mineral properties, particularly diamond prospects. The company generates revenue by advancing its projects to the exploration and discovery stages, which can attract investment and partnership opportunities. Canterra may also earn income through joint ventures, where larger mining companies invest in or acquire stakes in Canterra's projects, providing the company with funding or a share of future profits from successful mining operations. Additionally, the company might generate revenue by selling or leasing its exploration rights or properties to other enterprises interested in developing these resources.

Canterra Minerals Financial Statement Overview

Summary

Canterra Minerals faces significant financial challenges with zero revenue, continuous losses, and negative cash flow. Although the balance sheet is stable with high equity and no debt, sustainability risks are present due to ongoing cash flow issues.

Income Statement

Canterra Minerals has consistently reported zero revenue over the analyzed periods, which is concerning for financial health. The company is incurring consistent net losses, evidenced by a negative net income each year. This lack of revenue growth or profitability severely impacts the income statement's performance.

Balance Sheet

The company's balance sheet shows a strong equity position relative to its liabilities, with a high equity ratio indicating financial stability. The lack of debt is a positive sign, reducing financial risk. However, the absence of revenue and ongoing losses may eventually erode this equity if not addressed.

Cash Flow

Canterra Minerals has negative free cash flow, indicating more cash is leaving the business than coming in. The operating cash flow is consistently negative, reflecting operational challenges. Although financing activities are positive, they primarily support cash flow deficits, highlighting sustainability issues.

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
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-2.03M	-978.60K	-3.75M	-4.80M	-203.30K	-148.78K
	EBITDA
-2.35M	-34.77K	0.00	0.00	0.00	-79.08K
	Net Income Common Stockholders
-2.00M	-1.01M	-3.64M	-4.80M	-296.48K	-152.38K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.12M	1.82M	653.75K	3.06M	3.85M	10.99K
	Total Assets
17.16M	17.86M	5.11M	7.65M	6.11M	29.10K
	Total Debt
0.00	0.00	0.00	0.00	0.00	167.39K
	Net Debt
-1.12M	-1.82M	-653.68K	-3.06M	-3.85M	157.09K
	Total Liabilities
499.55K	279.04K	897.09K	383.64K	330.48K	332.28K
	Stockholders Equity
16.66M	17.58M	4.21M	7.27M	5.78M	-303.17K
Cash Flow		Free Cash Flow
-2.66M	-1.43M	-2.40M	-4.35M	-149.62K	-64.59K
	Operating Cash Flow
-2.46M	-1.42M	-2.38M	-4.09M	-10.42K	-64.59K
	Investing Cash Flow
-149.20K	-9.25K	-25.29K	-257.28K	-139.19K	10.00K
	Financing Cash Flow
2.97M	2.59M	―	3.55M	3.99M	55.00K

Canterra Minerals Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.07
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CTM, the sentiment is Negative. The current price of 0.07 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.08, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.17 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CTM.

Canterra Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.92B	-1.52	-22.04%	3.84%	0.67%	-27.41%
KDK	46 Neutral	C$30.52M	―	-8.20%	―	―	-22.63%
CTM	38 Underperform	C$25.75M	―	-17.58%	―	―	11.84%
GEM	32 Underperform	C$1.95M	―	-57.97%	―	―	53.47%

Canterra Minerals Corporate Events

Canterra Minerals Reports Successful 2024 Growth

Canterra Minerals has wrapped up a successful 2024 with notable achievements in its Newfoundland mining projects, including a promising maiden drill program and the expansion of its landholdings. The company reported high-grade copper findings and sold its Buffalo Hills diamond project, marking a year of strategic growth and resource development.

Canterra Minerals Secures $4.6 Million Financing

Canterra Minerals successfully closed a $4.6 million financing round, issuing flow-through common shares and units. The funds will be used for general working capital and exploration expenses, aiming to boost the company’s mining operations. The financing is subject to TSX Venture Exchange acceptance, with insiders participating under related party transaction exemptions.

Canterra Minerals Expands Private Placement to $4.6M

Canterra Minerals has announced an increase in its non-brokered private placement to $4.6 million due to strong investor demand. The funds will be used for exploration projects in central Newfoundland and for general corporate purposes. This move highlights Canterra’s commitment to advancing its mineral exploration endeavors.

Canterra Minerals Expands Reach with Frankfurt Listing

Canterra Minerals has successfully listed on the Frankfurt Stock Exchange, a strategic move to enhance its global visibility and attract European investors. The listing comes on the heels of promising exploration results, underscoring Canterra’s potential in the critical minerals and sustainable resource development sectors. With this expansion, the company is poised to increase liquidity and strengthen its international investor base.

Canterra Minerals Unveils Promising Drilling Results

Canterra Minerals has reported promising drilling results from its Buchans Project in Newfoundland, revealing significant copper equivalent intersections. These findings bolster the Lundberg Deposit’s potential as a key asset for future development in a mining-friendly region. The company is committed to expanding its critical minerals resource base significantly in the near term.

Canterra Minerals Unveils Promising AI-Driven Results

Canterra Minerals has reported promising drill results at its Buchans Project, showcasing a successful partnership with VRIFY Technology’s AI-assisted mineral discovery platform. The recent drilling aligns with VRIFY AI’s predictive model, bolstering confidence in future exploration efforts and the potential of AI-generated targets.

Canterra Minerals Reports Promising Drilling Results

Canterra Minerals has announced promising results from its initial drilling program at the Buchans Project in Newfoundland, highlighting significant copper equivalent mineralization. The project, which includes the advanced Lundberg deposit, benefits from low drilling costs and favorable infrastructure, positioning it for future resource expansion and development.