Aldebaran Resources Inc (ALDE) AI Stock Analysis

• Market Cap: C$208.75M
• Dividend Yield: N/A
• Average Volume (3M): 45.85K
• Price to Earnings (P/E): 149.6
• Beta (1Y): 0.95
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 113,140,980
• 10 Day Avg. Volume: 52,320
• 30 Day Avg. Volume: 45,849
• PEG Ratio: N/A
• Price to Book (P/B): 2.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -21.19
• 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

• Rating: 30 Underperform
• Price Target: ―

Aldebaran Resources Inc's overall stock score is weighed down by significant financial challenges, including a lack of revenue and negative cash flows, despite a strong cash position. Technical indicators suggest bearish sentiment, and the high P/E ratio reflects overvaluation concerns. The recent positive corporate event of granting stock options offers some strategic alignment benefits but does not substantially impact the overall financial outlook.

Aldebaran Resources Inc Business Overview & Revenue Model

Company Description

Aldebaran Resources Inc (ALDE) is a Canadian-based mineral exploration company that focuses on identifying, acquiring, and developing copper-gold deposits in South America. The company operates primarily in the mining sector and is dedicated to advancing its flagship Altar copper-gold project located in the mining-friendly region of San Juan Province, Argentina. Aldebaran Resources leverages advanced exploration techniques and strategic partnerships to maximize the potential of its mineral assets.

How the Company Makes Money

Aldebaran Resources Inc primarily makes money through the exploration and development of mineral properties, with a focus on copper and gold. The company's revenue model revolves around increasing the value of its projects through successful exploration, which may lead to selling or partnering with larger mining companies for further development. Key revenue streams include partnerships, joint ventures, and potential future sales of mineral assets. The company may also receive funding through equity financing, which involves issuing shares to investors to raise capital for its exploration activities. Significant partnerships, such as those with experienced mining companies, contribute to its earnings by providing capital, technical expertise, and increased credibility in the industry.

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

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

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

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.

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
-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 Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.84
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ALDE, the sentiment is Positive. The current price of 1.84 is above the 20-day moving average (MA) of 1.77, above the 50-day MA of 1.74, and above the 200-day MA of 1.67, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 58.52 is Neutral, neither overbought nor oversold. The STOCH value of 45.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 *	51 Neutral	$2.03B	-1.13	-21.36%	3.65%	2.87%	-30.54%
ERD	47 Neutral	C$373.07M	―	-16.90%	―	―	-1666.67%
FOM	46 Neutral	C$1.35B	―	-2.81%	―	―	8.92%
RUP	45 Neutral	C$1.32B	―	-4.03%	―	―	―
FVL	43 Neutral	C$592.44M	―	-1.08%	―	―	66.34%
ALDE	30 Underperform	C$208.75M	149.61	-0.07%	―	―	―

Aldebaran Resources Inc Corporate Events

Aldebaran Advances Altar Project and Increases Stake Amid PEA Delay

Aldebaran Resources Inc. has made significant progress in its Altar copper-gold project, completing over 18,267.5 meters of drilling this season. The company has also fulfilled the financial requirements to increase its stake in the Altar project to 80% through an earn-in agreement with Sibanye-Stillwater, transitioning the project into a joint venture. Additionally, Aldebaran has delayed the release of its Preliminary Economic Assessment (PEA) to Q3-2025 to explore various development scenarios, potentially easing the permitting process and enhancing benefits under Argentina’s RIGI tax regime.

Spark’s Take on TSE:ALDE Stock

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

Aldebaran Resources Inc’s overall stock score is low, primarily due to significant financial challenges including no revenue and negative cash flows. These risks are somewhat mitigated by the company’s lack of debt and strong cash position. Technical analysis shows a stable but lackluster outlook, while valuation concerns arise from an extremely high P/E ratio. The recent corporate event of granting stock options is a positive strategic move but does not sufficiently offset the financial and valuation concerns.

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