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American Creek Resources Ltd (TSE:AMK)
:AMK
Canadian Market

American Creek Resources (AMK) AI Stock Analysis

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American Creek Resources

(AMK)

36Underperform
The overall score for American Creek Resources is low due to significant financial challenges, particularly the absence of revenue and negative cash flows. Technical analysis supports a bearish outlook, while valuation metrics highlight the company's lack of profitability. The stock's performance is constrained by these factors, necessitating operational improvements for future viability.

American Creek Resources (AMK) vs. S&P 500 (SPY)

American Creek Resources Business Overview & Revenue Model

Company DescriptionAmerican Creek Resources Ltd. (AMK) is a Canadian-based mineral exploration company engaged primarily in the acquisition, exploration, and development of mineral properties. The company focuses on gold and silver projects and is involved in several joint ventures as well as ownership of mineral claims in British Columbia, Canada. Its core projects include the Treaty Creek, Gold Hill, and Electrum properties, which are situated in prolific mining regions.
How the Company Makes MoneyAmerican Creek Resources makes money through various revenue streams associated with the exploration and potential development of mineral properties. The company engages in joint ventures with other mining companies, allowing it to share the costs and risks of exploration while benefiting from potential discoveries. Revenue is primarily generated through the sale or optioning of its mineral claims and properties, as well as through potential future royalties or production revenues if its projects advance to production stages. Strategic partnerships and investments from stakeholders also contribute to its financial resources.

American Creek Resources Financial Statement Overview

Summary
American Creek Resources faces significant financial challenges, primarily due to the absence of revenue and consistent operating losses. While the balance sheet shows low leverage and a strong equity base, the cash flow situation is concerning with negative operating and free cash flows. The company needs a strategic pivot towards generating revenue and improving operational efficiency to ensure long-term viability.
Income Statement
15
Very Negative
The company's income statement reflects significant financial challenges, with consistent negative EBIT and net income figures over the years. The lack of revenue generation is a critical issue, which severely impacts profitability metrics such as gross profit margin and net profit margin. Without revenue growth, the company remains at a disadvantage in achieving profitability.
Balance Sheet
45
Neutral
The balance sheet shows a strong equity position with a stable equity ratio, indicating a low level of leverage which reduces financial risk. Although the company has minimal debt, the absence of revenue generation and continual operating losses may eventually strain equity if not addressed. The company maintains a decent level of cash and short-term investments, which provides some liquidity cushion.
Cash Flow
20
Very Negative
The cash flow statement reveals negative operating cash flows, indicating that the company is not generating cash from its core operations. Free cash flow is also negative, which limits investment and growth opportunities. Although there has been some inflow from financing activities, reliance on external financing is not sustainable in the long term without operational improvements.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
0.000.000.000.00-43.45K-12.50K
EBIT
-610.87K-1.04M-8.60M-3.69M-2.01M-1.38M
EBITDA
-421.60K-42.38K4.29M-2.90M-2.04M-1.38M
Net Income Common Stockholders
-1.02M-1.08M4.29M154.35K885.01K-1.39M
Balance SheetCash, Cash Equivalents and Short-Term Investments
464.98K196.52K1.24M2.12M8.54M1.65M
Total Assets
7.25M7.00M8.09M2.40M12.81M6.04M
Total Debt
200.00K0.0026.44K0.000.000.00
Net Debt
-174.98K-101.52K-1.11M-1.91M-4.81M-1.65M
Total Liabilities
518.59K60.32K71.55K101.38K191.10K236.63K
Stockholders Equity
6.73M6.93M8.02M2.30M12.62M5.81M
Cash FlowFree Cash Flow
-1.04M-1.05M-1.08M-1.06M-1.58M-2.74M
Operating Cash Flow
-1.04M-1.05M-1.08M-951.69K-1.21M-1.44M
Investing Cash Flow
291.00K16.00K23.95K-2.63M-99.48K-1.28M
Financing Cash Flow
811.59K0.00290.00K678.06K4.47M4.32M

American Creek Resources Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.08
Price Trends
50DMA
0.15
Negative
100DMA
0.22
Negative
200DMA
0.22
Negative
Market Momentum
MACD
-0.01
Negative
RSI
28.34
Positive
STOCH
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AMK, the sentiment is Negative. The current price of 0.08 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.15, and below the 200-day MA of 0.22, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 28.34 is Positive, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:AMK.

American Creek Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
58
Neutral
$9.12B5.24-7.59%7.51%0.53%-65.25%
TSRUP
45
Neutral
C$934.47M-4.03%
TSSKE
41
Neutral
C$1.63B-141.24%-66.33%
TSTK
37
Underperform
C$20.43M-1.26%35.14%
TSAMK
36
Underperform
C$41.80M-14.04%-118.85%
TSTUO
33
Underperform
C$45.62M888.890.39%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:AMK
American Creek Resources
0.08
-0.08
-50.00%
TSE:SKE
Skeena Resources
14.20
7.95
127.20%
TSE:RUP
Rupert Resources
4.45
0.39
9.61%
TSE:TK
Tinka Resources
0.05
-0.08
-61.54%
TSE:TUO
Teuton Resources
0.80
-0.82
-50.62%

American Creek Resources Corporate Events

American Creek and Tudor Gold Advance Treaty Creek Exploration
Jan 14, 2025

American Creek Resources, through its joint venture partner Tudor Gold, has commenced the permitting process for significant underground infrastructure at the Treaty Creek Project. This development aims to enhance exploration efficiency and future mining potential of the high-grade Supercell One Zone, potentially increasing the project’s value and accelerating drilling activities to unlock substantial gold reserves.

American Creek Extends Acquisition Agreement Deadline
Dec 31, 2024

American Creek Resources has amended its agreement with Cunningham Mining, extending the deadline for the acquisition of all its shares to January 31, 2025. The amendment also eliminates a termination payment obligation if a better proposal is accepted. This strategic move could influence investor interest in American Creek’s stock as it partners in the promising Treaty Creek Project.

American Creek Gains Approval for Mining Acquisition
Dec 2, 2024

American Creek Resources has secured overwhelming shareholder approval for its plan of arrangement with Cunningham Mining, marking a significant step in the acquisition process. The company has also received the final order from the Supreme Court of British Columbia, bringing the transaction closer to completion. This development is pivotal for investors as it aligns with American Creek’s strategic focus, including its involvement in the promising Treaty Creek Project.

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.

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.