Aldebaran Resources Inc (ALDE) AI Stock Analysis

• Market Cap: C$378.09M
• Dividend Yield: N/A
• Average Volume (3M): 81.68K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.24
• Revenue Growth: N/A
• EPS Growth: -572.97%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.02
• Shares Outstanding: 185,337,830
• 10 Day Avg. Volume: 121,967
• 30 Day Avg. Volume: 81,683
• PEG Ratio: -0.11
• Price to Book (P/B): 2.85
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -55.51
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: C$2.00 ▼(-48.59% Downside)
• Action: Reiterated Date: 03/17/26
• Date: Action: Reiterated 03/17/26

The score is held down primarily by very weak operating fundamentals (no revenue, widening losses, and ongoing negative free cash flow) and bearish technicals (below major moving averages with negative MACD and oversold momentum). A debt-free balance sheet with sizable equity provides some support, but does not offset the current lack of operating traction.

Positive Factors

Debt-free balance sheet

A zero-debt balance sheet materially reduces solvency and interest-rate exposure, giving management flexibility to fund exploration and project work from equity or cash. This durable structural strength lowers near-term financing pressure and supports multi-month project advancement.

Sizable equity cushion

A large equity base provides a tangible funding runway and optionality for capital-intensive drilling and resource definition. Over a multi-month horizon this reduces forced liquidity stress, limits immediate refinancing risk, and preserves capacity to progress projects before monetization events.

Clear exploration-focused model

A focused business model centered on copper and gold exploration aligns resources and expertise to discovery and resource advancement. For a junior miner this specialization is a durable advantage: disciplined exploration can create scalable value when discoveries or partners emerge over months to years.

Negative Factors

No revenue reported

Absent operating revenue, the company cannot self-fund operations and must rely on external capital or equity dilution to sustain exploration. Over a 2–6 month horizon this elevates financing risk and ties future progress to capital markets or third-party farm-outs/partnerships.

Persistent negative cash flow

Consistent operating and free cash outflows indicate ongoing cash burn to fund exploration and corporate costs. This structural cash deficit requires regular funding rounds, raises dilution risk, and can limit the cadence or scale of drilling programs absent partner funding over the medium term.

Widening net losses and negative ROE

Rapidly expanding losses and negative return on equity show capital is currently destroying value rather than generating returns. This trend increases the probability of future dilutive financing and delays value realization from projects, posing a durable earnings and capital-efficiency headwind.

Aldebaran Resources Inc Business Overview & Revenue Model

Company Description

Aldebaran 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

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Aldebaran Resources Inc Financial Statement Overview

Summary

Overall financials are weak: no revenue reported across periods, losses have widened materially (TTM net loss about -$11.0M), and cash burn is persistent (TTM operating and free cash flow about -$6.7M). The main offset is a strong, unlevered balance sheet (total debt $0) with sizable equity (~$137.9M), which reduces near-term solvency risk.

Income Statement

The income statement remains very weak: the company reports no revenue across the available annual periods and TTM (Trailing-Twelve-Months), while losses have widened materially (TTM net loss of about -$11.0M vs. -$1.34M in FY2024). Operating profitability is consistently negative, with TTM EBIT/EBITDA deeply loss-making, indicating the business is still in a heavy spend/investment phase without an operating earnings base yet. A modest positive is that losses are funded without visible interest burden (no debt reported), but overall earnings quality and trajectory are negative.

Balance Sheet

The balance sheet is a relative strength. Total debt is reported at $0 across periods, and equity is sizable (about $137.9M in TTM (Trailing-Twelve-Months)), supporting financial flexibility. Total assets are stable-to-higher over time, suggesting the company has maintained its asset base while scaling exploration/development. The key weakness is ongoing negative returns on equity (TTM return on equity roughly -7%), meaning capital is currently generating losses rather than profits.

Cash Flow

Cash flow is pressured and consistently negative. TTM (Trailing-Twelve-Months) operating cash flow is about -$6.7M and free cash flow is about -$6.7M, reflecting ongoing cash burn. Annual free cash flow remains meaningfully negative (roughly -$7.1M in FY2025 and -$7.4M in FY2024), and TTM free cash flow growth is sharply lower, signaling worsening near-term cash consumption. A partial offset is that free cash flow tracks net loss fairly closely in recent periods (i.e., losses are largely cash-based rather than masked by accounting profits), but the overall funding requirement remains high.

Breakdown	TTM	Sep 2025	Sep 2023	Sep 2022	Sep 2020	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	-714.00	-314.00K	-21.19K	-40.00	-238.00
EBITDA	-12.56M	-8.40M	137.50K	-2.50M	-1.98M	-2.37M
Net Income	-11.03M	-7.78M	-1.34M	-2.37M	-1.78M	-1.99M
Balance Sheet
Total Assets	168.10M	169.93M	171.34M	101.06M	74.02M	65.04M
Cash, Cash Equivalents and Short-Term Investments	6.66M	18.71M	4.62M	6.15M	7.33M	535.98K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	6.92M	7.72M	4.32M	820.61K	530.13K	497.30K
Stockholders Equity	137.90M	138.92M	120.44M	100.24M	73.49M	64.54M
Cash Flow
Free Cash Flow	-6.72M	-7.13M	-7.44M	-16.21M	-7.08M	-4.47M
Operating Cash Flow	-6.71M	-7.13M	-7.44M	-1.44M	-1.23M	-834.31K
Investing Cash Flow	-10.15M	22.54M	-13.33M	-14.38M	-5.58M	-3.50M
Financing Cash Flow	0.00	0.00	19.61M	21.28M	13.90M	0.00

Aldebaran Resources Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.89
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ALDE, the sentiment is Negative. The current price of 3.89 is above the 20-day moving average (MA) of 2.82, above the 50-day MA of 3.23, and above the 200-day MA of 2.92, indicating a bearish trend. The MACD of -0.32 indicates Positive momentum. The RSI at 17.43 is Positive, neither overbought nor oversold. The STOCH value of 6.54 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ALDE.

Aldebaran Resources Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
WRN	52 Neutral	C$674.87M	-156.09	-1.92%	―	―	41.98%
NCX	51 Neutral	C$865.75M	-35.22	-39.41%	―	―	11.83%
TMQ	45 Neutral	C$816.14M	-17.32	-32.78%	―	―	7.70%
SURG	44 Neutral	C$188.88M	-21.25	-4.43%	―	―	-18.67%
REG	44 Neutral	C$456.98M	-118.64	-5.64%	―	―	-67.96%
ALDE	43 Neutral	C$378.09M	-55.66	-8.12%	―	―	-572.97%

Aldebaran Resources Inc Corporate Events

Aldebaran and Centauri Boost Resources at Argentina’s Rio Grande Gold-Copper Project

Aldebaran Resources and Centauri Minerals reported an updated mineral resource estimate for the Rio Grande gold-copper project in Salta, Argentina, showing significant indicated resources of 1.45 million ounces of gold, 384,000 tonnes of copper and 12.7 million ounces of silver, plus substantial inferred resources. The estimate, prepared by SLR Consulting under NI 43-101 standards using existing drilling data, underscores that mineralization remains open with notable porphyry potential, positioning Centauri to relaunch modern exploration and advance toward a public listing while potentially enhancing Aldebaran’s portfolio value.

The Rio Grande project benefits from road-accessible, high-altitude infrastructure near the operating Lindero gold-copper mine, and the updated model reinterprets historical drill and trench data with contemporary software and economic parameters. Company geologists view the new resource as a key step in reviving a project that has seen no drilling since 2013, with a drilling program planned later this year that could further expand resources and improve the project’s strategic importance in the regional gold-copper sector.

The most recent analyst rating on (TSE:ALDE) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Aldebaran Resources Inc stock, see the TSE:ALDE Stock Forecast page.

Aldebaran Raises $45 Million to Advance Altar Copper-Gold Project

Aldebaran Resources has closed a previously announced private placement of 1,538,462 common shares at $3.25 each, raising gross proceeds of just over $5 million, with the shares subject to a hold period until June 18, 2026. Combined with an earlier listed issuer financing, the company has now issued 13,923,157 shares for total gross proceeds of about $45.3 million.

The new shares in this concurrent placement were acquired by Route One Investment Company, Aldebaran’s largest shareholder, in a related-party transaction conducted under exemptions from formal valuation and minority approval rules. Aldebaran plans to use the net proceeds to advance a prefeasibility study on its flagship Altar copper-gold project in Argentina and to support general working capital, potentially accelerating project development in a key copper district.

The most recent analyst rating on (TSE:ALDE) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Aldebaran Resources Inc stock, see the TSE:ALDE Stock Forecast page.

Aldebaran Resources Grants 3.99 Million Incentive Stock Options

Aldebaran Resources Inc. has granted incentive stock options to directors, officers, employees and consultants to purchase up to 3,990,000 common shares at an exercise price of $3.25 per share for a five-year term, with the options vesting over two years under the company’s Stock Option Plan. Following this grant, Aldebaran has 183,799,372 shares issued and outstanding and a total of 16,145,000 stock options outstanding, a move that aligns management and staff with shareholder interests as the company advances its Altar copper-gold project in Argentina and seeks to solidify its position within a key cluster of global porphyry copper deposits.

The most recent analyst rating on (TSE:ALDE) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Aldebaran Resources Inc stock, see the TSE:ALDE Stock Forecast page.

Aldebaran Raises $40 Million to Advance Altar Copper-Gold Project

Aldebaran Resources Inc. has closed a bought deal private placement of 12,384,695 common shares at $3.25 per share, raising gross proceeds of approximately $40.25 million, with ATB Cormark Capital Markets and Red Cloud Securities acting as co-lead underwriters. The financing, conducted under the listed issuer financing exemption in Canada and via private placement in the U.S. and other jurisdictions, provides Aldebaran with capital primarily to complete a prefeasibility study on its flagship Altar copper-gold project in Argentina and for general working capital, a key step in advancing the project toward potential development and enhancing the company’s position in the copper-gold exploration space.

The most recent analyst rating on (TSE:ALDE) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on Aldebaran Resources Inc stock, see the TSE:ALDE Stock Forecast page.

Aldebaran Secures C$45 Million in Equity Financings to Advance Altar Project to Pre-Feasibility

Aldebaran Resources has increased the size of its previously upsized bought deal financing after underwriters fully exercised their option to purchase an additional 1,615,395 shares at $3.25, bringing total gross proceeds from the offering to approximately C$40.3 million. In parallel, the company plans a C$5.0 million non-brokered private placement of 1,538,462 shares to certain shareholders with anti-dilution rights, who have agreed to limit their participation to make room for new institutional investors; together, these financings are expected to fully fund the Altar copper-gold project through pre-feasibility, bolster Aldebaran’s liquidity and market visibility, and further de-risk the asset, subject to customary approvals and closing conditions.

The most recent analyst rating on (TSE:ALDE) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Aldebaran Resources Inc stock, see the TSE:ALDE Stock Forecast page.

Aldebaran Resources Upsizes Bought-Deal Financing to C$35 Million to Advance Altar Project

Aldebaran Resources has upsized its previously announced bought-deal private placement to C$35 million, agreeing with a syndicate led by Cormark Securities and Red Cloud Securities to issue 10,769,300 common shares at C$3.25 each, with an option for underwriters to purchase additional shares that could raise roughly C$5.25 million more. Certain shareholders may also exercise anti-dilution rights through a concurrent non-brokered private placement at the same issue price, with both financings expected to close around February 5, 2026, subject to regulatory approvals; net proceeds are earmarked primarily to complete a prefeasibility study at the company’s flagship Altar copper-gold project in Argentina and for general working capital, underscoring strong investor demand and providing funding to advance a key development milestone for the asset.

The most recent analyst rating on (TSE:ALDE) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on Aldebaran Resources Inc stock, see the TSE:ALDE Stock Forecast page.

Aldebaran Resources Raises Up to C$20 Million in Bought Deal, Plans Concurrent Private Placement for Altar Project

Aldebaran Resources Inc. has arranged a C$20.0 million bought deal private placement of 6,154,000 common shares at C$3.25 per share with a syndicate of underwriters led by Cormark Securities and Red Cloud Securities, with an option for underwriters to purchase up to an additional 923,100 shares. Concurrently, the company plans a non-brokered private placement of up to 16,769,231 common shares at the same price to accommodate participation rights of existing securityholders, with both financings expected to close around February 5, 2026, subject to regulatory and TSX Venture Exchange approval; net proceeds will fund completion of a prefeasibility study on the flagship Altar copper-gold project in Argentina and general working capital, potentially accelerating project advancement and strengthening Aldebaran’s position in the copper-gold exploration sector.

The most recent analyst rating on (TSE:ALDE) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on Aldebaran Resources Inc stock, see the TSE:ALDE Stock Forecast page.