Company DescriptionAldebaran Resources Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada and Argentina. It holds 100% interests in the Rio Grande copper-gold project located in Salta Province, northwestern Argentina; and the Aguas Calientes, El Camino, Catua, Oscuro, and La Frontera properties in Argentina. The company also has an option to acquire 80% interest in the Altar copper-gold project comprising of nine mining concessions and nine servidumbres located in San Juan Province, Argentina. Aldebaran Resources Inc. was incorporated in 2018 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Aldebaran Resources Inc Financial Statement Overview

Summary

Aldebaran Resources Inc faces significant financial challenges. The absence of revenue and dependency on equity financing highlight the company's reliance on external funding to sustain operations. While the lack of debt and a strong cash position are positives, the negative cash flows and profitability issues pose significant risks to future financial stability.

Income Statement

Very Negative

Aldebaran Resources Inc shows significant weaknesses in its income statement. The company reported no revenue across the periods, leading to negative gross profit and EBIT margins. While there was a positive net income in the TTM, it was likely due to non-operating factors, as the core business does not generate revenue.

Balance Sheet

Negative

The balance sheet reflects a company with no debt, which is a positive indicator of financial prudence. However, the equity ratio is very high due to the lack of revenue, indicating over-reliance on equity financing. The substantial cash position is a strength, providing liquidity in the absence of income.

Cash Flow

Very Negative

Cash flows are significantly negative, with high free cash flow deficits. Operating cash flow remains negative, indicating operational challenges. Financing activities have been crucial to maintaining liquidity, suggesting potential future financing risks.

TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Breakdown
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-304.72K	-313.87K	-21.19K	-2.98K	-40.00	-238.00
	EBIT
-3.95M	-8.49M	-2.72M	-1.58M	-2.21M	-2.47M
	EBITDA
5.89M	137.50K	-2.50M	-588.28K	-1.98M	-2.37M
	Net Income Common Stockholders
1.89M	-1.34M	-2.37M	351.13K	-1.78M	-1.99M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
21.65M	4.62M	6.15M	663.98K	7.33M	535.98K
	Total Assets
161.59M	171.34M	101.06M	79.56M	74.02M	65.04M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-21.62M	-4.16M	-6.10M	-634.94K	-7.29M	-505.57K
	Total Liabilities
1.08M	4.32M	820.61K	1.04M	530.13K	497.30K
	Stockholders Equity
117.52M	120.44M	100.24M	78.53M	73.49M	64.54M
Cash Flow		Free Cash Flow
-8.54M	-7.44M	-16.21M	-10.51M	-7.08M	-4.47M
	Operating Cash Flow
-8.76M	-7.44M	-1.44M	-665.21K	-1.23M	-834.31K
	Investing Cash Flow
-6.43M	-13.33M	-14.38M	-9.40M	-5.58M	-3.50M
	Financing Cash Flow
-372.95K	19.61M	21.28M	3.74M	13.90M	0.00

Aldebaran Resources Inc Peers Comparison

Overall Rating

UnderperformOutperform

Sector (51)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ADBRF		$155.47M	146.32	-0.07%	―	―	―
Sector *	51 Neutral	$2.02B	-1.14	-21.37%	3.64%	2.88%	-30.57%
CUSN	42 Neutral	C$175.34M	―	-1.08%	―	―	―
AOT	41 Neutral	C$133.63M	―	-5.17%	―	―	-101.02%
LAM	38 Underperform	C$173.63M	―	-5.14%	―	―	-29.27%
NCX	33 Underperform	C$304.40M	―	-57.36%	―	―	-62.76%
CNIKF		$140.73M	―	-0.58%	―	―	―

* Basic Materials Sector Average

Performance Comparison

ADBRF

Aldebaran Resources Inc

1.39

0.65

87.84%

TSE:AOT

Ascot Resources

0.09

-0.67

-88.16%

TSE:LAM

Laramide Resources

0.66

-0.11

-14.29%

TSE:NCX

NorthIsle Copper and Gold

1.18

0.81

218.92%

TSE:CUSN

Cornish Metals

0.14

0.02

16.67%

CNIKF

Canada Nickel Company

0.73

-0.24

-24.74%

Glossary

OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.

NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.

UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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