Canada Carbon (CCB) AI Stock Analysis

• Market Cap: C$3.63M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.32
• Revenue Growth: N/A
• EPS Growth: -73.91%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 242,281,510
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 2.03
• Price to Book (P/B): -3.34
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.90
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: C$0.02 ▼(-25.00% Downside)

The score is held down primarily by weak financial performance (no revenue, ongoing losses, rising cash burn, and negative equity). Technical indicators provide only limited support (slightly positive momentum but price below key moving averages), and valuation is not compelling given the negative P/E and no dividend yield.

Positive Factors

Zero-Debt Position

A zero-debt position enhances financial stability and reduces risk, allowing the company to potentially leverage future opportunities without the burden of debt repayments.

Strong Equity Base

A strong equity base provides a solid foundation for potential future growth and investment, reducing reliance on external debt and enhancing long-term financial health.

Private Placement Funding

The successful private placement indicates investor confidence and provides additional working capital, supporting operational needs and potential project advancements.

Negative Factors

Lack of Revenue Generation

The absence of revenue generation highlights a critical challenge in achieving financial sustainability, as ongoing operational costs are not offset by income, impacting long-term viability.

Negative Cash Flow

Persistent negative cash flow indicates reliance on external financing, posing sustainability risks if funding sources diminish, affecting future operational capabilities.

Operational Losses

Ongoing operational losses without a revenue base to offset costs undermine financial health, necessitating strategic changes to achieve profitability and sustain operations.

Canada Carbon Business Overview & Revenue Model

Company Description

Canada Carbon Inc. engages in the acquisition, exploration, and evaluation of natural resource properties in Canada. The company primarily explores for graphite. It holds interests in the Miller property that covers an area of approximately 100 square kilometers located to the west of Montreal in the Grenville Township; and the Asbury Graphite property, which includes 22 claims covering an area of approximately 1,205.9 hectares located in the Laurentides region of southern Quebec. The company was formerly known as Bolero Resources Corp. and changed its name to Canada Carbon Inc. in October 2012. Canada Carbon Inc. was incorporated in 1985 and is headquartered in Mississauga, Canada.

How the Company Makes Money

Canada Carbon generates revenue primarily through the exploration and potential future sale of high-purity graphite extracted from its Miller Project. The company's business model is centered on the mining and processing of graphite, which can be sold to various industries for use in products like batteries, fuel cells, and other high-tech applications. Furthermore, Canada Carbon may engage in strategic partnerships, joint ventures, or off-take agreements with companies that require a stable supply of high-purity graphite, thereby securing additional revenue streams. However, as a company in the exploration phase, its current revenue is limited and primarily consists of funding through equity financing and investments until commercial production commences.

Canada Carbon Financial Statement Overview

Summary

Financial quality is very weak: no reported revenue across periods, persistent and widening losses in 2024, and consistently negative operating/free cash flow with increased cash burn in 2024. While there is no reported debt, the 2024 move to negative shareholders’ equity and a materially smaller asset base significantly raises financial risk and reliance on external funding.

Income Statement

The company has reported no revenue across the annual periods provided, while operating losses remain persistent (EBIT and net income negative every year). Losses widened in 2024 (net loss of about -$1.26M vs. -$1.04M in 2023), indicating limited progress toward profitability. A modest positive EBITDA in 2023 appears isolated and did not translate into net profitability.

Balance Sheet

A key positive is the absence of reported debt, which reduces refinancing and interest-rate risk. However, the balance sheet deteriorated sharply in 2024, with shareholders’ equity turning negative (about -$1.22M) and total assets dropping materially versus prior years—both of which signal a weakened capital base and reduced financial flexibility. The negative equity position is a major risk factor despite low leverage.

Cash Flow

Cash burn is ongoing, with operating cash flow and free cash flow negative in every year shown. Cash outflow increased in 2024 (operating cash flow about -$1.41M vs. -$0.54M in 2023), implying higher funding needs. While free cash flow has at times been less negative than net losses (suggesting some non-cash charges), the overall trajectory remains unfavorable due to consistently negative cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 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	-2.10M	0.00	18.68K	-1.20M	-723.00K	-865.00K
Net Income	-1.99M	-1.26M	-1.04M	-1.00M	-689.00K	-412.00K
Balance Sheet
Total Assets	58.61K	399.09K	9.56M	8.92M	8.04M	7.41M
Cash, Cash Equivalents and Short-Term Investments	1.43K	188.50K	408.96K	816.60K	864.58K	564.05K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	2.40M	1.62M	1.65M	1.30M	851.48K	773.18K
Stockholders Equity	-2.34M	-1.22M	7.91M	7.62M	7.19M	6.63M
Cash Flow
Free Cash Flow	-660.59K	-1.41M	-1.58M	-1.71M	-624.79K	-1.23M
Operating Cash Flow	-784.65K	-1.41M	-538.72K	-833.66K	-267.01K	-1.08M
Investing Cash Flow	124.06K	0.00	-1.04M	-820.10K	-321.28K	88.71K
Financing Cash Flow	596.41K	1.19M	1.17M	1.61M	888.83K	1.24M

Canada Carbon Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CCB, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 58.07 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CCB.

Canada Carbon Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
RKL	52 Neutral	C$4.28M	-1.98	-48.17%	―	―	42.16%
CCB	46 Neutral	C$3.63M	-1.88	-72.19%	―	―	-73.91%
LION	41 Neutral	C$1.36M	-3.66	―	―	―	8.70%
GRAT	30 Underperform	C$6.01M	-1.80	―	―	―	―