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Cirrus Gold Corp. (TSE:ACDX)
:ACDX
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Cirrus Gold Corp. (ACDX) AI Stock Analysis

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TSE:ACDX

Cirrus Gold Corp.

(ACDX)

Rating:29Underperform
Price Target:
Cirrus Gold Corp.'s overall stock score is significantly low due to its poor financial performance, characterized by zero revenue, negative equity, and cash flow issues. Technical indicators also reflect bearish momentum, and the valuation suggests limited attractiveness. Strategic interventions are necessary to improve financial health and potentially enhance stock performance.

Cirrus Gold Corp. (ACDX) vs. iShares MSCI Canada ETF (EWC)

Cirrus Gold Corp. Business Overview & Revenue Model

Company DescriptionAmerican Copper Development Corporation engages in the exploration and development of mineral properties in Canada. It primarily explores for copper and gold deposits. It has an option to acquire a 100% undivided interest in the Chuchi South project that includes 13 mineral claims covering 3118.7 hectares located in Nanaimo mining division, British Columbia. American Copper Development Corporation was incorporated in 2020 and is headquartered in Vancouver, Canada.
How the Company Makes MoneyCirrus Gold Corp. generates revenue through the exploration, extraction, and sale of gold from its mining projects. The company's key revenue streams include the sale of raw gold and gold by-products to refineries and other buyers in the metals market. Additionally, Cirrus Gold Corp. may engage in strategic partnerships and joint ventures with other mining companies to expand its operational capabilities and access new markets. The company's earnings are also influenced by factors such as gold market prices, production efficiency, and cost management strategies.

Cirrus Gold Corp. Financial Statement Overview

Summary
Cirrus Gold Corp. is facing significant operational and financial challenges. The company has zero revenue, negative net income, and a declining asset base, leading to a precarious financial position. While the absence of debt is a positive aspect, negative equity and cash flow issues indicate the need for strategic interventions.
Income Statement
10
Very Negative
Cirrus Gold Corp. has consistently reported zero total revenue across multiple periods, indicating no operational income from its core business activities. The net income has been negative, reflecting ongoing losses. The EBIT and EBITDA margins are both negative, highlighting the company’s struggle to cover its operational costs. Without revenue growth, the company faces significant challenges in achieving profitability.
Balance Sheet
15
Very Negative
The company's balance sheet reveals a concerning financial structure with stockholders' equity turning negative in the TTM period, indicating liabilities outweighing assets. The absence of debt is a positive aspect, suggesting no immediate credit risk, but the negative equity ratio and declining asset base raise red flags about financial stability and potential solvency issues.
Cash Flow
20
Very Negative
Cirrus Gold Corp. reports negative operating and free cash flows, indicating it is not generating cash from operations nor covering its capital expenditures. The company has relied on financing activities in previous years for liquidity, but recent periods show zero financing cash flow. The cash reserves are dwindling, which could pose a risk to operational sustainability if not addressed.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit0.000.000.000.00
EBITDA-439.85K-331.69K0.00-101.65K-66.86K
Net Income-17.57M-1.10M-1.57M-96.56K-71.95K
Balance Sheet
Total Assets224.24K22.33M16.74M398.34K290.36K
Cash, Cash Equivalents and Short-Term Investments100.43K1.52M7.25M194.66K176.26K
Total Debt0.000.000.000.000.00
Total Liabilities555.88K5.21M575.91K12.21K56.95K
Stockholders Equity-331.64K17.12M16.16M386.13K233.40K
Cash Flow
Free Cash Flow-1.42M-5.66M-2.76M-191.37K-96.09K
Operating Cash Flow-381.00K-684.68K-1.39M-99.81K-10.83K
Investing Cash Flow-1.04M-5.08M-1.38M-91.56K-85.26K
Financing Cash Flow0.0035.00K9.81M209.77K272.35K

Cirrus Gold Corp. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.46
Price Trends
50DMA
0.34
Positive
100DMA
0.26
Positive
200DMA
0.22
Positive
Market Momentum
MACD
0.03
Positive
RSI
62.12
Neutral
STOCH
81.82
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ACDX, the sentiment is Positive. The current price of 0.46 is above the 20-day moving average (MA) of 0.43, above the 50-day MA of 0.34, and above the 200-day MA of 0.22, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 62.12 is Neutral, neither overbought nor oversold. The STOCH value of 81.82 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ACDX.

Cirrus Gold Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.20B6.090.72%2.93%3.45%-36.02%
41
Neutral
C$50.08M-55.98%42.16%
39
Underperform
C$2.87M-149.14%66.76%
34
Underperform
C$5.52M-15.90%-40.63%
34
Underperform
C$2.82M-125.90%93.09%
29
Underperform
-210.85%-2753.80%
$5.14M5.44-31.89%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:ACDX
Cirrus Gold Corp.
0.46
0.21
84.00%
TSE:GLD
GoldON Resources
0.05
-0.02
-28.57%
TSE:MASS
Masivo Silver Corp.
0.07
0.01
16.67%
TSE:SWLF
Silver Wolf Exploration
0.15
0.05
50.00%
TSE:MMG
Metallic Minerals
0.31
0.11
55.00%
LECRF
Leocor Gold
0.06
0.03
100.00%

Cirrus Gold Corp. Corporate Events

Delistings and Listing ChangesStock SplitBusiness Operations and Strategy
American Copper Development Corporation Announces Share Consolidation to Enhance Financing Flexibility
Neutral
Feb 19, 2025

American Copper Development Corporation has announced a share consolidation, effective February 24, 2025, where five common shares will be consolidated into one. This move is intended to provide the company with increased flexibility for additional financing opportunities, potentially impacting its market operations and stakeholder interests.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 24, 2025