Carlyle Commodities (CCC) AI Stock Analysis

• Market Cap: C$1.50M
• Dividend Yield: N/A
• Average Volume (3M): 264.88K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.58
• Revenue Growth: N/A
• EPS Growth: 78.57%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 99,928,150
• 10 Day Avg. Volume: 414,627
• 30 Day Avg. Volume: 264,875
• PEG Ratio: -0.03
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.10
• 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 ▲(50.00% Upside)
• Action: Reiterated Date: 02/13/26
• Date: Action: Reiterated 02/13/26

The score is primarily constrained by very weak financial performance (zero reported revenue, ongoing losses, and negative operating/free cash flow), despite low debt. Technical indicators provide some support (price above key moving averages and positive MACD), but valuation is not supportive given the negative P/E and lack of dividend data.

Positive Factors

Low leverage

A near-zero debt load materially reduces solvency and interest-rate risk over the next several months. It gives management flexibility to restructure operations or pursue non-debt financing without heavy interest obligations, improving survivability while revenue is developed.

Improving cash burn trend

Sequential improvement in operating cash outflows signals management has taken effective cost controls or realized one-off savings. If sustained, a lower burn rate extends runway, reduces immediate financing needs, and increases the chance of reaching operational inflection points.

Meaningful reduction in net loss TTM

A large reduction in net loss indicates structural cost reductions or resolved one-time items. Sustained lower losses improve capital preservation and make the path to break-even more credible, supporting long-term viability if revenue initiatives commence.

Negative Factors

No reported revenue

Lack of any reported revenue means the company has not demonstrated a monetized business model. Over the medium term this raises execution risk: without product-market traction or commodity sales, the firm must convert R&D or assets into sustainable revenue to justify continued investment.

Persistent negative cash flow

Consistent negative operating and free cash flow erodes liquidity and forces recurring external funding. Over months, ongoing outflows constrain operational investments, weaken negotiating leverage with partners, and increase the probability of dilution or distressed financing if revenue remains absent.

Eroding equity base / dilution risk

A rapid drop in shareholders' equity reflects cumulative losses and reduces the balance-sheet shock absorber. With a thinner equity base, the company is more likely to need equity raises, increasing dilution risk and making future financing terms potentially more onerous for long-term strategic execution.

Carlyle Commodities Business Overview & Revenue Model

Company Description

Carlyle Commodities Corp. engages in the acquisition, exploration, and development of mineral resource properties in Canada and Mexico. It primarily explores for gold and silver deposits. The company holds 100% interests in the Newton gold-silver project properties located in the Clinton Mining division of British Columbia; and the Owl Lake property located in the Hemlo Schreiber Greenstone Belt, Ontario. It also has an option to acquire 100% interests in the Sunset mining property that consists of four mineral claims located in Vancouver Mining division near Pemberton, British Columbia; and the Cecilia gold-silver project covering an area of 7,739 hectares situated in Sonora, Mexico. The company was formerly known as Delrey Metals Corp. and changed its name to Carlyle Commodities Corp. in February 2020. Carlyle Commodities Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.

How the Company Makes Money

null

Carlyle Commodities Financial Statement Overview

Summary

Financials are very weak: revenue is reported as zero, gross profit is negative, and losses persist. Cash flow remains negative (TTM operating cash flow about -0.6M; free cash flow about -0.5M), implying ongoing reliance on external funding. The main positive is very low leverage, but equity has shrunk sharply, increasing financing/dilution risk.

Income Statement

Results remain very weak: revenue is reported as zero across all periods, while gross profit is negative and losses are substantial. Net loss improved meaningfully in TTM (Trailing-Twelve-Months) (about -1.6M) versus the latest annual period (about -5.3M), indicating some cost reduction or one-time benefit, but the company is still not demonstrating a viable revenue-producing operating model in the provided data.

Balance Sheet

Leverage is low (debt is minimal to zero and debt-to-equity is near zero), which reduces solvency risk. However, the equity base has declined materially (from ~6.3M in 2024 to ~2.1M in 2025 and ~1.5M in TTM), reflecting ongoing losses and raising dilution/financing risk if cash burn continues. Returns on equity are deeply negative, consistent with persistent unprofitability.

Cash Flow

Cash generation is consistently negative: operating cash flow and free cash flow are negative in every period provided, including TTM (Trailing-Twelve-Months) (operating cash flow about -0.6M; free cash flow about -0.5M). The burn rate has improved versus prior years (e.g., 2024 operating cash flow about -1.65M), but cash flow still does not support the business, implying ongoing reliance on external funding.

Breakdown	TTM	May 2024	May 2023	May 2022	May 2021	May 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-438.00	-542.00	-731.00	-846.00	-1.10K	-1.69K
EBITDA	-1.60M	-5.25M	-1.94M	-2.35M	-4.26M	-3.51M
Net Income	-1.63M	-5.27M	-2.73M	-2.36M	-4.27M	-3.52M
Balance Sheet
Total Assets	1.83M	2.80M	6.74M	6.64M	5.03M	7.09M
Cash, Cash Equivalents and Short-Term Investments	1.00M	11.98K	102.06K	562.84K	134.53K	161.16K
Total Debt	0.00	40.00K	100.00K	0.00	0.00	0.00
Total Liabilities	342.77K	711.76K	477.51K	642.27K	199.08K	195.54K
Stockholders Equity	1.49M	2.09M	6.26M	6.00M	4.83M	6.89M
Cash Flow
Free Cash Flow	-519.13K	-599.64K	-2.86M	-2.20M	-1.03M	-2.10M
Operating Cash Flow	-590.07K	-599.64K	-1.65M	-1.75M	-866.41K	-656.67K
Investing Cash Flow	609.53K	44.77K	-1.20M	-437.56K	-200.98K	-675.74K
Financing Cash Flow	0.00	464.80K	2.39M	2.62M	1.04M	1.44M

Carlyle Commodities Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Positive
• 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:CCC, the sentiment is Neutral. The current price of 0.01 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.01, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.55 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:CCC.

Carlyle Commodities 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%
GBML	48 Neutral	C$1.26M	-2.09	-32.05%	―	―	41.13%
GCOM	48 Neutral	C$6.20M	-23.41	-157.18%	―	―	-252.46%
FCI	47 Neutral	C$13.90M	-1.93	-219.86%	―	―	53.47%
CCC	46 Neutral	C$1.50M	-0.44	-78.92%	―	―	78.57%
CTN	46 Neutral	C$860.28K	-1.34	―	―	―	-129.14%

Carlyle Commodities Corporate Events

Carlyle Commodities Closes Upsized $4.25 Million Private Placement for Silver Pony Deal

Carlyle Commodities has upsized and closed its non-brokered private placement, raising total gross proceeds of $4.25 million through subscription receipts priced at $0.01 each, issued largely in support of its planned business combination with Silver Pony Resources. The financing, completed in three tranches with associated finder fees and warrants and tied to a planned 20-for-1 share consolidation, bolsters Carlyle’s cash position while placing proceeds in escrow until conditions for the Silver Pony transaction are met, underscoring investor support and the company’s push to advance its corporate initiatives.

Each subscription receipt will convert into a unit comprising one common share and half a warrant upon satisfaction of escrow release conditions linked to closing the Silver Pony deal, with warrants exercisable for 18 months and subject to accelerated expiry if the stock trades above a set price. Carlyle also corrected earlier disclosures about amounts raised in the first tranche and detailed the structure of finder’s warrants, as all securities from the offering remain subject to a four-month-plus-one-day hold period, shaping the near-term trading dynamics for existing and new investors.

The most recent analyst rating on (TSE:CCC) stock is a Sell with a C$0.01 price target. To see the full list of analyst forecasts on Carlyle Commodities stock, see the TSE:CCC Stock Forecast page.

Carlyle Commodities Upsizes Private Placement to $4.15 Million Ahead of Silver Pony Deal

Carlyle Commodities has increased its non-brokered private placement for the second time, lifting the total offering to up to $4.15 million in gross proceeds, driven by strong demand from strategic institutional and other significant investors. The financing, structured as subscription receipts that convert into units upon closing of Carlyle’s proposed business combination with Silver Pony Resources, is intended to strengthen the company’s balance sheet ahead of the transaction and fund exploration at the Trout Lake Projects and general working capital, underscoring investor support for Carlyle’s consolidation and expansion plans in the resource exploration sector.

The most recent analyst rating on (TSE:CCC) stock is a Hold with a C$0.02 price target. To see the full list of analyst forecasts on Carlyle Commodities stock, see the TSE:CCC Stock Forecast page.

Carlyle Commodities Raises $3.75 Million to Advance Silver Pony Transaction

Carlyle Commodities has upsized and closed the second and final tranche of its non-brokered private placement, bringing total gross proceeds to $3.75 million in support of its proposed business combination with Silver Pony Resources. The financing, structured through subscription receipts that convert into units upon completion of the transaction, will see proceeds held in escrow until closing conditions are met, after which funds are expected to be directed toward exploration at Silver Pony’s Trout Lake projects and general working capital, while the company also plans a 20-for-1 share consolidation and has issued finder’s fees in cash and warrants to support the raise.

The most recent analyst rating on (TSE:CCC) stock is a Hold with a C$0.02 price target. To see the full list of analyst forecasts on Carlyle Commodities stock, see the TSE:CCC Stock Forecast page.

Carlyle Commodities Upsizes Private Placement to $3 Million Ahead of Silver Pony Deal

Carlyle Commodities Corp. has increased its planned non-brokered private placement to raise up to $3 million in subscription receipts, priced at $0.01 each on a pre-consolidation basis, in connection with its proposed business combination with Silver Pony Resources Corp. The subscription receipts will convert into units upon closing of the transaction, each unit comprising one common share and half of a warrant, with the warrants exercisable for 18 months and subject to an accelerated expiry clause tied to share-price performance. Proceeds from the financing will be held in escrow until the transaction closes, and, if released, are earmarked for exploration work on Silver Pony’s Trout Lake projects and for general working capital, with the offering remaining subject to Canadian Securities Exchange approval and potentially involving finder’s fees. The upsizing of the placement from a previously announced $2.5 million reflects strong investor demand and management’s intention to capitalize on strengthening conditions in the silver market.

The most recent analyst rating on (TSE:CCC) stock is a Sell with a C$0.01 price target. To see the full list of analyst forecasts on Carlyle Commodities stock, see the TSE:CCC Stock Forecast page.

Carlyle Commodities Plans Business Combination With Silver Pony Resources to Expand Silver-Focused Assets

Carlyle Commodities Corp. has signed a non-binding letter of intent to combine with Silver Pony Resources via a three-cornered amalgamation, under which Silver Pony shareholders will receive one Carlyle share for each Silver Pony share, resulting in the issuance of about 60.5 million new Carlyle shares following a planned 20:1 share consolidation and a minimum $2.5 million financing. Post-transaction, the resulting issuer’s board will be controlled by Silver Pony nominees, and the deal, which remains subject to due diligence and regulatory approvals, is aimed at positioning Carlyle to capitalize on strong precious metals markets by securing Silver Pony’s large, high-grade, drill-ready Trout Lake polymetallic projects in British Columbia, potentially enhancing Carlyle’s growth prospects and scale in the junior mining space.

The most recent analyst rating on (TSE:CCC) stock is a Hold with a C$0.01 price target. To see the full list of analyst forecasts on Carlyle Commodities stock, see the TSE:CCC Stock Forecast page.