Core Assets Corp. (CC) AI Stock Analysis

• Market Cap: C$4.58M
• Dividend Yield: N/A
• Average Volume (3M): 24.99K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.08
• Revenue Growth: N/A
• EPS Growth: -184.62%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 71
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 12,710,565
• 10 Day Avg. Volume: 10,526
• 30 Day Avg. Volume: 24,993
• PEG Ratio: -0.37
• Price to Book (P/B): 8.40
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -33.01
• 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. (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. 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
EBITDA	-1.33M	-1.28M	1.31M	-2.24M	-1.09M	-159.00K
Net Income	-1.89M	-1.95M	-354.00K	-2.22M	-1.07M	-159.00K
Balance Sheet
Total Assets	13.78M	13.89M	9.28M	7.10M	3.04M	532.34K
Cash, Cash Equivalents and Short-Term Investments	1.24M	1.47M	217.90K	1.14M	1.53M	232.83K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
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: 0.36
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• 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 Positive. The current price of 0.36 is above the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.30, and below the 200-day MA of 0.42, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.93 is Neutral, neither overbought nor oversold. The STOCH value of 51.28 is Neutral, 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
AZM	54 Neutral	C$60.21M	221.74	-0.64%	―	―	88.31%
AZM	54 Neutral	C$60.21M	221.74	-0.64%	―	―	88.31%
CNC	54 Neutral	C$185.97M	―	-6.04%	―	―	91.44%
Sector *	44 Neutral	C$982.42M	-6.71	-13.24%	2.54%	17.20%	-32.72%
TK	43 Neutral	C$17.57M	―	-1.57%	―	―	35.14%
CC	41 Neutral	C$4.58M	―	-14.91%	―	―	-184.62%
GNG	36 Underperform	C$1.15M	―	-159.85%	―	―	-419.44%
BULL	32 Underperform	$3.76M	―	-456.82%	―	―	-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.