Core Assets Corp. (CC) AI Stock Analysis

• Market Cap: C$4.45M
• Dividend Yield: N/A
• Average Volume (3M): 107.34K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.64
• Revenue Growth: N/A
• EPS Growth: -184.62%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 127,105,690
• 10 Day Avg. Volume: 71,500
• 30 Day Avg. Volume: 107,342
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 4.08
• Price to Cash Flow (P/CF): 4.40
• P/FCF Ratio: 3.90
• 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

Core Assets Corp. is currently facing significant financial and technical challenges, with persistent losses and a bearish stock trend. However, recent positive corporate events indicating promising mineral discoveries provide a potential upside. The company’s high risk and exploratory nature are reflected in its valuation, which highlights the speculative nature of this investment.

Core Assets Corp. Business Overview & Revenue Model

Company Description

Core Assets Corp. (CC) is a company engaged in the exploration and development of mineral properties. The company focuses on identifying and advancing projects with strong potential for resource discovery, particularly in regions with significant mineral deposits. Its operations primarily involve geological exploration, drilling, and resource estimation to identify valuable mineral resources.

How the Company Makes Money

Core Assets Corp. generates revenue through the exploration and potential development of mineral properties. The company primarily earns money by discovering valuable mineral deposits and selling exploration rights to larger mining companies. Key revenue streams include joint ventures and strategic partnerships with established mining firms, which provide financial backing and expertise for further exploration and development. Additionally, the company may receive funding from investors interested in the high-risk, high-reward nature of mineral exploration. These partnerships and investments play a crucial role in the company's ability to finance its exploration activities and monetize its discoveries.

Core Assets Corp. Financial Statement Overview

Summary

Core Assets Corp. faces significant financial challenges, with no revenue generation and persistent losses impacting profitability. While the balance sheet shows a strong equity position and no debt, the negative cash flow highlights operational struggles. The company's financial health is typical of early-stage mining ventures, reliant on equity financing for sustainability.

Income Statement

Core Assets Corp. has reported zero revenue in recent periods, indicating a lack of operational income streams. EBIT and EBITDA margins are negative, reflecting ongoing losses. Net income is consistently negative, highlighting profitability challenges. The absence of revenue growth further underscores operational difficulties, typical in early-stage or exploratory mining companies.

Balance Sheet

The company maintains a strong equity position with zero debt, resulting in a favorable debt-to-equity ratio of 0. Equity ratio stands robust, indicating reliance on equity financing. However, the small asset base may limit growth opportunities. Return on Equity is negative due to persistent losses, suggesting inefficiencies in utilizing shareholder funds.

Cash Flow

Operating cash flow is negative, indicating a cash burn from operations. The free cash flow remains negative, reflecting ongoing operational and capital expenditure challenges. However, the firm has managed to maintain cash reserves, likely through equity financing, as evidenced by the cash position observed in the balance sheet.

Breakdown
TTM	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-682.05K	-1.36M	-2.20M	-1.09M	-159.50K	-16.29K
	EBITDA
-1.02M	1.31M	0.00	0.00	-159.50K	0.00
	Net Income Common Stockholders
-1.89M	-354.23K	-2.18M	-1.07M	-159.50K	-16.29K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.24M	217.90K	1.14M	1.53M	232.83K	284.80K
	Total Assets
13.78M	9.28M	7.10M	3.04M	532.34K	537.12K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-1.24M	-217.90K	-1.14M	-1.53M	-232.83K	-284.80K
	Total Liabilities
1.17M	476.43K	339.33K	103.82K	35.61K	32.16K
	Stockholders Equity
12.61M	8.81M	6.76M	2.94M	496.73K	504.96K
Cash Flow		Free Cash Flow
-996.70K	-4.80M	-5.00M	-1.41M	-217.06K	-128.55K
	Operating Cash Flow
-775.71K	-634.13K	-854.71K	-667.64K	-164.65K	6.35K
	Investing Cash Flow
-2.91M	-3.32M	-4.15M	-751.42K	-38.59K	-147.90K
	Financing Cash Flow
0.00	3.03M	4.62M	2.72M	151.27K	422.98K

Core Assets Corp. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CC, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 33.73 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CC.

Core Assets Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AZM	49 Neutral	C$45.49M	234.78	0.39%	―	―	―
Sector *	47 Neutral	$2.64B	-3.21	-21.68%	3.30%	4.19%	-30.23%
CC	45 Neutral	C$4.45M	―	-14.22%	―	―	-184.62%
GNG	37 Underperform	C$1.15M	―	-147.05%	―	―	-399.62%
TK	37 Underperform	C$20.43M	―	-1.26%	―	―	35.14%
BULL	36 Underperform	$2.45M	―	-392.97%	―	―	-509.37%

Core Assets Corp. Corporate Events

Core Assets Unveils Potential High-Grade Porphyry Center at Laverdiere Project

Core Assets Corp. has identified a probable high-grade porphyry center at the Laverdiere Copper Project in British Columbia, suggesting a significant potential for copper, molybdenum, silver, and gold mineralization. The company’s recent 3-D geologic model and historic assay results indicate significant mineralization trends and expansion possibilities within the Valley and Main Zones. This discovery, along with historic data, highlights the project’s potential to intersect extensive copper-gold porphyry mineralization, marking a strategic opportunity for investors in an emerging mining district.

Core Assets Corp. Unveils Promising Mineral Discoveries at Silver Lime Project

Core Assets Corp. announced the results of its 2024 rock sampling campaign at the Silver Lime Project, revealing significant mineralization at the Blue Property. Notable discoveries include high-grade silver, lead, and copper, as well as new gold targets within the property’s multiple mineralized systems. The findings suggest substantial expansion potential for the company’s operations and enhance its position in the mining sector, promising further value for its stakeholders.