Aldebaran Resources Inc (ALDE) AI Stock Analysis

• Market Cap: $285.12M
• Dividend Yield: N/A
• Average Volume (3M): 80.50K
• Price to Earnings (P/E): 149.6
• Beta (1Y): 1.15
• Revenue Growth: N/A
• EPS Growth: 97.07%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 113,140,980
• 10 Day Avg. Volume: 52,458
• 30 Day Avg. Volume: 80,497
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.21
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -1.13K
• Enterprise Value/Ebitda: 58.32
• 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. 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 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	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-314.00K	-21.19K	-2.98K	-40.00	-238.00
EBITDA	137.50K	-2.50M	-1.30M	-1.98M	-2.37M
Net Income	-1.34M	-2.37M	-637.00K	-1.78M	-1.99M
Balance Sheet
Total Assets	171.34M	101.06M	79.56M	74.02M	65.04M
Cash, Cash Equivalents and Short-Term Investments	4.62M	6.15M	663.98K	7.33M	535.98K
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	4.32M	820.61K	1.04M	530.13K	497.30K
Stockholders Equity	120.44M	100.24M	78.53M	73.49M	64.54M
Cash Flow
Free Cash Flow	-7.44M	-16.21M	-10.51M	-7.08M	-4.47M
Operating Cash Flow	-7.44M	-1.44M	-665.21K	-1.23M	-834.31K
Investing Cash Flow	-13.33M	-14.38M	-9.40M	-5.58M	-3.50M
Financing Cash Flow	19.61M	21.28M	3.74M	13.90M	0.00

Aldebaran Resources Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.52
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 2.52 is above the 20-day moving average (MA) of 2.28, above the 50-day MA of 2.14, and above the 200-day MA of 1.91, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 64.67 is Neutral, neither overbought nor oversold. The STOCH value of 89.30 is Negative, 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 *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%
CUSN	42 Neutral	C$187.91M	―	-1.08%	―	―	―
AOT	41 Neutral	C$89.23M	―	-127.33%	―	436.13%	-4483.64%
LAM	38 Underperform	C$147.48M	―	-5.14%	―	―	2.73%
NCX	33 Underperform	C$344.23M	―	-57.36%	―	―	-51.95%
ALDE	30 Underperform	$285.12M	149.61	-0.07%	―	―	97.07%
CNIKF	―	$126.63M	―	-6.04%	―	―	―

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.