Decade Resources (DEC) AI Stock Analysis

• Market Cap: C$4.41M
• Dividend Yield: N/A
• Average Volume (3M): 155.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.72
• Revenue Growth: N/A
• EPS Growth: -55.32%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Industrial Materials
• EPS (TTM): -0.02
• Shares Outstanding: 147,032,680
• 10 Day Avg. Volume: 211,250
• 30 Day Avg. Volume: 155,572
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -24.60
• 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

Decade Resources' overall stock score reflects significant financial challenges, including a lack of revenue and ongoing losses. Despite a debt-free balance sheet, the operational inefficiencies and negative cash flow present substantial risks. Technical analysis indicates a neutral market sentiment, while the valuation remains unattractive due to negative earnings. Although recent corporate events present potential opportunities, they do not significantly offset the current financial difficulties.

Decade Resources Business Overview & Revenue Model

Company Description

Decade Resources (DEC) is a Canadian-based mineral exploration company primarily focused on identifying, acquiring, and exploring mineral properties in British Columbia and the Yukon. The company is dedicated to the discovery and development of precious and base metals, with a particular emphasis on gold, silver, and copper. Through strategic exploration projects, Decade Resources aims to create value by advancing its properties towards potential production.

How the Company Makes Money

Decade Resources makes money by engaging in the exploration and development of mineral properties. The company's revenue model primarily involves discovering valuable mineral deposits and either developing these properties into productive mines or selling them to larger mining companies. Key revenue streams include potential joint ventures or partnerships with other mining companies, sales of mineral properties, and exploration funding from investors. The company's earnings are significantly influenced by the market demand and prices for the minerals they explore, as well as the success of their exploration activities in discovering economically viable mineral deposits.

Decade Resources Financial Statement Overview

Summary

Decade Resources faces financial challenges with consistent losses and negative cash flows. Despite having no debt, the lack of revenue generation and ongoing cash burn are critical issues that need addressing.

Income Statement

Decade Resources shows a consistent trend of negative net income and EBIT, with no revenue generation over the past years. The company is heavily loss-making, which is a significant weakness. The lack of revenue growth is concerning, and gross profit margins are negative, indicating a challenging operational environment.

Balance Sheet

The company maintains a strong equity base with no debt, which is a positive indicator of financial stability. However, the equity ratio shows a high reliance on equity financing, which may limit leverage benefits. The consistent negative net income impacts the return on equity unfavorably.

Cash Flow

Cash flows are negative, with operating cash flow and free cash flow both consistently negative, signaling ongoing cash burn. Although there is some financing cash flow, it's not enough to offset the negative free cash flow trend, indicating sustainability concerns.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-632.00	-704.00	-884.00	-1.11K	-1.40K	-2.41K
	EBIT
-688.60K	-900.33K	-649.00K	-415.12K	-808.10K	-584.36K
	EBITDA
-1.37M	-900.33K	-1.28M	-414.01K	-1.16M	-1.42M
	Net Income Common Stockholders
-1.64M	-2.01M	-1.11M	-480.00K	-1.42M	-1.10M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
61.72K	795.91K	245.89K	0.00	275.01K	147.83K
	Total Assets
18.36M	17.29M	14.57M	14.21M	12.89M	10.99M
	Total Debt
0.00	0.00	0.00	2.53K	0.00	0.00
	Net Debt
-61.72K	-795.91K	-245.89K	2.53K	-275.01K	-147.83K
	Total Liabilities
1.58M	1.70M	956.62K	1.10M	988.84K	1.14M
	Stockholders Equity
16.78M	15.59M	13.61M	13.11M	11.90M	9.85M
Cash Flow		Free Cash Flow
-3.26M	-3.38M	-1.10M	-2.10M	-2.63M	-809.09K
	Operating Cash Flow
-554.82K	-904.06K	-628.51K	-529.15K	-695.00K	-554.18K
	Investing Cash Flow
-2.70M	-2.49M	-625.67K	-1.57M	-1.93M	406.38K
	Financing Cash Flow
1.46M	3.94M	1.50M	1.82M	2.76M	220.00K

Decade Resources Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DEC, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, 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 Negative momentum. The RSI at 48.02 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DEC.

Decade Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$6.97B	3.35	-6.10%	6.00%	-0.44%	-51.04%
SKE	52 Neutral	C$1.80B	―	-141.24%	―	―	-19.29%
FNC	45 Neutral	C$18.07M	3.33	10.15%	―	―	―
BBB	38 Underperform	C$31.99M	―	-67.17%	―	―	26.55%
NIM	37 Underperform	C$64.24M	―	-122.83%	―	―	-348.98%
NRM	37 Underperform	C$11.00M	―	-42.96%	―	―	72.76%
DEC	33 Underperform	C$4.41M	―	-11.77%	―	―	-55.32%

Decade Resources Corporate Events

Decade Resources Acquires Promising North Mitchell Property in Golden Triangle

Decade Resources Ltd has received approval to acquire the North Mitchell Property in the Golden Triangle, a region known for its significant copper-gold deposits. This acquisition positions Decade Resources strategically among major mineral deposits, potentially enhancing its exploration opportunities and stakeholder value. The property is located near significant geological formations associated with gold mineralization, and recent ice ablation has exposed promising mineralized rocks. Additionally, Decade is exploring a high-grade gold-silver-base metal zone in the Terrace Area, indicating potential for further valuable discoveries.

Spark’s Take on TSE:DEC Stock

According to Spark, TipRanks’ AI Analyst, TSE:DEC is a Underperform.

Decade Resources’ overall stock score reflects significant financial challenges, including a lack of revenue and ongoing losses, balanced by a debt-free balance sheet. Technical analysis indicates a neutral trend, while the valuation remains unappealing due to negative earnings. However, recent positive corporate events, such as strategic acquisitions and promising mineral discoveries, provide potential upside. Investors should be cautious, as the stock remains speculative with substantial financial risks.

To see Spark’s full report on TSE:DEC stock, click here.

Decade Resources Unveils High-Grade Mineral Discovery in British Columbia

Decade Resources Ltd has reported promising assay results from its late 2024 sampling program on the Nobody Knows claim, part of the Copper River project in British Columbia. The discovery of a high-grade gold-silver-base metal zone, located southwest of the actively drilled Nobody Knows #2 copper-silver red bed, suggests substantial mineral occurrences in the area. The company plans to focus its 2025 exploration efforts on this newly identified zone, with the potential for a 10,000-tonne test application if the source is located. The assay results indicate high values of gold, silver, copper, lead, and zinc, potentially impacting the company’s operations and positioning within the mining industry.

Decade Resources Acquires Strategic Property in BC’s Golden Triangle

Decade Resources Ltd has entered into an option agreement to acquire the North Mitchell Property in the Golden Triangle of British Columbia, an area surrounded by substantial copper and gold deposits. This strategic acquisition positions Decade Resources to potentially benefit from the proximity to significant mineral resources, enhancing its prospects in the mining industry. The agreement allows Decade to earn a 70% interest in the property through a series of share payments, with the potential for further financial arrangements based on future production. This move could strengthen Decade’s industry positioning and offer promising opportunities for stakeholders.

Decade Resources Acquires Strategic Antimony Claim Amid Rising Demand

Decade Resources Ltd. has acquired a 1742-hectare antimony claim in the Golden Triangle area of British Columbia, an area known for its rich mineral deposits. The acquisition comes amid increasing global demand for antimony, a critical mineral used in various industries, due to its applications in defense, energy storage, and electronics. The project area will be evaluated for antimony content, which holds strategic importance following China’s recent export ban to the US, raising supply chain concerns. This strategic move positions Decade Resources to potentially benefit from the rising antimony demand and its applications in renewable energy and military sectors.

Decade Resources Ltd Expands Exploration on Nobody Knows Claim

Decade Resources Ltd announced plans for an aggressive exploration program on its Nobody Knows claim, which is part of a larger project in British Columbia. The exploration targets copper-silver mineralization and gold-rich sulphide boulders, with recent drill results indicating significant copper and silver content. This initiative aims to enhance the company’s resource base and strengthen its position in the minerals market.