Core Assets Corp. (CC) AI Stock Analysis

• Market Cap: C$3.81M
• Dividend Yield: N/A
• Average Volume (3M): 127.29K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.26
• Revenue Growth: N/A
• EPS Growth: -184.62%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 127,105,690
• 10 Day Avg. Volume: 72,095
• 30 Day Avg. Volume: 127,290
• PEG Ratio: -0.24
• Price to Book (P/B): 0.25
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.19
• 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: 41 Neutral
• Price Target: ―

Core Assets Corp. is under significant financial strain due to its lack of revenue and persistent losses, which heavily weigh down its overall score. Technical analysis indicates bearish momentum, further adding to the stock's challenges. Valuation metrics are unfavorable with a negative P/E ratio. However, the recent corporate discovery provides a positive outlook, offering a potential strategic opportunity for future growth.

Core Assets Corp. Business Overview & Revenue Model

Company Description

Core Assets Corp., an exploration stage company, engages in the acquisition, exploration, development, and evaluation of mineral resource properties. The company primarily explores for copper, cobalt, silver, and gold deposits. Its principal property is the Blue property covering an area of approximately 108,337 hectares located to the southwest of the town of Atlin, British Columbia. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.

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. struggles financially with no revenue and persistent losses affecting profitability. Despite a strong equity position and no debt, negative cash flow indicates operational challenges typical of early-stage mining ventures relying 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 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
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
-970.39K	-1.45M	-1.36M	-2.20M	-1.09M	-159.50K
	EBITDA
-1.02M	-1.28M	1.31M	0.00	0.00	-159.50K
	Net Income Common Stockholders
-1.89M	-1.95M	-354.23K	-2.18M	-1.07M	-159.50K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.24M	1.47M	217.90K	1.14M	1.53M	232.83K
	Total Assets
13.78M	13.89M	9.28M	7.10M	3.04M	532.34K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-1.24M	-1.47M	-217.90K	-1.14M	-1.53M	-232.83K
	Total Liabilities
1.17M	1.15M	476.43K	339.33K	103.82K	35.61K
	Stockholders Equity
12.61M	12.73M	8.81M	6.76M	2.94M	496.73K
Cash Flow		Free Cash Flow
-996.70K	-887.50K	-4.80M	-5.00M	-1.41M	-217.06K
	Operating Cash Flow
-775.71K	-887.50K	-634.13K	-854.71K	-667.64K	-164.65K
	Investing Cash Flow
-2.91M	-3.20M	-3.32M	-4.15M	-751.42K	-38.59K
	Financing Cash Flow
0.00	5.34M	3.03M	4.62M	2.72M	151.27K

Core Assets Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CC, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.11 is Neutral, neither overbought nor oversold. The STOCH value of 88.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CC.

Core Assets Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	50 Neutral	$2.00B	-1.02	-21.34%	3.70%	2.00%	-30.65%
CC	41 Neutral	C$3.81M	―	-14.91%	―	―	-184.62%
DEC	37 Underperform	C$5.88M	―	-11.77%	―	―	-55.32%
BVA	35 Underperform	C$5.18M	―	117.34%	―	―	21.74%
MUR	33 Underperform	C$4.47M	―	-128.43%	―	―	34.82%
MIS	31 Underperform	C$3.57M	300.00	-30.88%	―	―	―
GLM		C$4.47M	―	-7.96%	―	―	―

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.