C3 Metals (CCCM) AI Stock Analysis

• Market Cap: C$124.86M
• Dividend Yield: N/A
• Average Volume (3M): 52.89K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.97
• Revenue Growth: N/A
• EPS Growth: 10.13%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 99,884,800
• 10 Day Avg. Volume: 55,947
• 30 Day Avg. Volume: 52,894
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: 48 Neutral
• Price Target: C$1.00 ▼(-13.79% Downside)

The score is held down primarily by weak financial performance (ongoing losses and consistent negative free cash flow), with only partial offset from a debt-free, better-capitalized balance sheet. Technicals are neutral-to-soft, valuation support is limited due to negative earnings and no dividend, while recent positive exploration events provide a modest uplift.

Positive Factors

Strategic Partnerships

The partnership with Freeport-McMoRan brings expertise and significant funding, enhancing C3 Metals' exploration capabilities and reducing capital risk, which is crucial for long-term project development and potential success in the copper-gold sector.

Exploration Funding

Securing $11.5 million in funding strengthens C3 Metals' financial position, enabling continued exploration and development of key projects, which is essential for future revenue generation and market competitiveness in the mineral exploration industry.

Resource Discovery

The discovery of a significant copper-molybdenum anomaly supports the potential for a major hydrothermal system, enhancing the project's value and C3 Metals' position in the copper-producing belt, which is critical for long-term growth and competitive advantage.

Negative Factors

Revenue Generation Challenges

The ongoing inability to generate revenue highlights difficulties in monetizing exploration activities, posing a risk to long-term profitability and the company's ability to achieve financial independence and stability.

Negative Cash Flow

Persistent negative cash flow suggests operational challenges and a reliance on external funding, which may constrain C3 Metals' ability to sustain operations and invest in growth opportunities over the long term.

Financial Instability

The lack of revenue and ongoing losses indicate financial instability, which can hinder long-term sustainability and limit the company's ability to invest in exploration and development without relying heavily on external financing.

C3 Metals Business Overview & Revenue Model

Company Description

C3 Metals Inc. engages in the identification, acquisition, exploration, and evaluation of copper and gold deposits in Peru, Jamaica, and Canada. Its flagship property is the Jasperoide copper and gold project that consists of 49 claims covering an area of 267 square kilometers located in Southern Peru. The company was formerly known as Carube Copper Corp. and changed its name to C3 Metals Inc. in July 2020. C3 Metals Inc. is based in Toronto, Canada.

How the Company Makes Money

C3 Metals generates revenue through the exploration and development of its mineral projects, primarily focusing on copper and gold. The company makes money by identifying and developing mineral-rich properties, conducting geological surveys, and executing drilling programs to prove the viability of these resources. Once a mineral deposit is sufficiently explored and developed, C3 Metals may either sell the rights to the property to a larger mining company, enter into joint ventures, or bring the project into production themselves. Additional revenue streams can include royalties from partnerships or the sale of extracted minerals. The company’s ability to secure funding, manage exploration costs, and establish strategic partnerships with other mining firms or investors are critical factors contributing to its financial success.

C3 Metals Financial Statement Overview

Summary

C3 Metals exhibits significant financial challenges, with no revenue and persistent losses. The company's strong equity base is undermined by negative cash flows and reliance on external financing, indicating financial instability and high risk.

Income Statement

Consistent lack of revenue generation over several years, with occasional revenue in 2023. Profit margins are not calculable due to negative or zero revenue, indicating a company struggling to generate sales and profitability.

Balance Sheet

The company maintains a strong equity base with no debt, reflected in a solid equity ratio. However, the absence of revenue generation raises concerns about long-term sustainability and leveraging potential.

Cash Flow

Negative free cash flow persists, and operating cash flow is negative when available, suggesting operational challenges. Financing activities provide positive cash inflow, indicating reliance on external funding.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	3.25M	0.00	0.00
Gross Profit	-9.29K	-9.29K	-8.59K	1.63M	-404.00	-260.00
EBITDA	-2.89M	-2.89M	-2.28M	-815.00K	-3.49M	-5.53M
Net Income	-2.90M	-2.90M	-2.29K	-927.27K	-4.29M	-7.91M
Balance Sheet
Total Assets	75.53M	75.53M	60.06M	55.34M	49.54M	28.19M
Cash, Cash Equivalents and Short-Term Investments	11.93M	11.93M	1.55M	2.89M	7.63M	5.97M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.22M	1.22M	365.04K	482.15K	1.01M	1.15M
Stockholders Equity	74.30M	74.30M	59.69M	54.85M	48.52M	27.05M
Cash Flow
Free Cash Flow	-3.26M	-2.43M	-9.17M	-10.77M	-3.81M	-2.35M
Operating Cash Flow	-2.41M	-2.41M	-2.35M	-2.60M	-3.79M	-2.29M
Investing Cash Flow	-2.35M	-2.35M	-6.79M	-6.85M	-13.09M	-4.70M
Financing Cash Flow	14.94M	14.94M	7.85M	4.87M	17.98M	9.60M

C3 Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CCCM, the sentiment is Positive. The current price of 1.16 is below the 20-day moving average (MA) of 1.21, below the 50-day MA of 1.20, and above the 200-day MA of 0.90, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 52.50 is Neutral, neither overbought nor oversold. The STOCH value of 42.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CCCM.

C3 Metals 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%
NILI	56 Neutral	C$176.12M	-20.89	-52.53%	―	―	19.92%
BCM	51 Neutral	C$189.11M	-1.38	-525.71%	―	-4.16%	-66.82%
FPC	50 Neutral	C$148.41M	-62.32	-4.06%	―	―	54.00%
NCF	50 Neutral	C$200.88M	-145.45	-6.95%	―	―	34.09%
CCCM	48 Neutral	C$124.86M	-36.13	-4.33%	―	―	10.13%
EMO	42 Neutral	C$202.62M	-13.83	-46.38%	―	―	19.55%

C3 Metals Corporate Events

C3 Metals Discovers Promising Copper Mineralization at Khaleesi Project

C3 Metals Inc. announced the results of its first drill hole at the Khaleesi copper project in Peru, revealing a significant intersection of 269 meters at 0.30% copper, including 60.4 meters at 0.41% copper. This initial drilling result indicates the potential for a large copper system, with mineralization extending under glacial till cover, suggesting a larger drill target area. The project is strategically positioned in a region with other large-scale copper operations, and further drilling is planned to explore the extent of the mineralization.

C3 Metals Shifts Focus to Community Aid in Jamaica Post-Hurricane Melissa

C3 Metals Inc. has shifted its focus from exploration to community assistance in Jamaica following the impact of Hurricane Melissa. While the company’s equipment and personnel remain safe, infrastructure damage has halted exploration activities, with repairs expected to take six to eight weeks. During this time, C3 Metals is actively involved in providing essential aid to affected communities and assisting in clearing debris to restore access to project sites.

C3 Metals Launches Extensive 3DIP Survey at Bellas Gate Project

C3 Metals Inc. has initiated a district-scale 3DIP geophysical survey at its Bellas Gate copper-gold project in Jamaica, aiming to expand the survey area from 16 sq. km to 70 sq. km and identify drill targets beyond 700m depth. This survey is expected to enhance the company’s geological model and inform its 2026 drill program, potentially improving its exploration success and strengthening its position in the mining sector.