Canagold Resources (TSE:CCM)
TSX:CCM
Want to see TSE:CCM full AI Analyst Report?
CCM Stock Chart & Stats
C$0.57
<C$0.01(1.79%)
At close: 4:00 PM EST
C$0.57
<C$0.01(1.79%)
Day’s Range― - ―
52-Week RangeC$0.31 - C$0.79
Previous CloseN/A
Volume2.50K
Average Volume (3M)59.49K
Market Cap
C$117.67M
Enterprise ValueC$77.47M
Total Cash (Recent Filing)C$836.00K
Total Debt (Recent Filing)C$102.00K
Price to Earnings (P/E)―
Beta1.10
Next Earnings
May 20, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding213,949,770
10 Day Avg. Volume93,411
30 Day Avg. Volume59,487
Financial Highlights & Ratios
PEG Ratio-0.20
Price to Book (P/B)1.79
Price to Sales (P/S)0.00
P/FCF Ratio-11.97
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$1.20Price Target Upside110.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Balance Sheet FlexibilityExtremely low debt (TTM debt-to-equity ~0.003) gives the company durable financial flexibility to fund exploration and development without heavy interest burdens. This reduces bankruptcy risk, improves capacity to access capital on better terms, and supports multi-month project funding options.
Focused Flagship Asset (New Polaris)A single, well-defined flagship project (New Polaris) concentrates management effort and capital, enabling focused resource definition and permitting work. In the gold exploration model this can create clear value inflection points tied to permitting, drilling results, and resource upgrades over several months.
Evidence Of Narrowing Losses Year-over-yearA year-over-year narrowing of net losses in 2024 shows management can improve operating outcomes and cost control, an important durable sign in a pre-revenue explorer. If repeated, progress reduces future financing needs and supports longer-term project advancement despite intermittent setbacks.
Bears Say
Persistent Negative Cash FlowConsistent negative operating and free cash flow implies ongoing cash burn that will require external funding to sustain exploration and development. Over months this raises dilution risk, constrains discretionary investments, and forces management to prioritize financing over value-accretive project work.
Pre-revenue Business ModelHaving no operating revenue means the company cannot self-fund development and remains fully exposed to exploration success and capital market access. This structural profile increases execution and financing risk over the coming months and ties long-term value to geological outcomes rather than recurring cash flow.
Very Small Operating ScaleA tiny workforce (3 employees) indicates heavy reliance on contractors and joint-venture partners for technical, regulatory and operational tasks. This limits in-house capacity for simultaneous project advancement, increases execution dependency, and can slow responses to permitting, drilling, or environmental requirements.
Canagold Resources News
CCM FAQ
What was Canagold Resources’s price range in the past 12 months?
Canagold Resources lowest stock price was C$0.30 and its highest was C$0.79 in the past 12 months.
What is Canagold Resources’s market cap?
Canagold Resources’s market cap is C$117.67M.
When is Canagold Resources’s upcoming earnings report date?
Canagold Resources’s upcoming earnings report date is May 20, 2026 which is in 17 days.
How were Canagold Resources’s earnings last quarter?
Canagold Resources released its earnings results on Mar 31, 2026. The company reported -C$0.008 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.008.
Is Canagold Resources overvalued?
According to Wall Street analysts Canagold Resources’s price is currently Undervalued.
Does Canagold Resources pay dividends?
Canagold Resources does not currently pay dividends.
What is Canagold Resources’s EPS estimate?
Canagold Resources’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Canagold Resources have?
Canagold Resources has 213,949,770 shares outstanding.
What happened to Canagold Resources’s price movement after its last earnings report?
Canagold Resources reported an EPS of -C$0.008 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 5.769%.
Which hedge fund is a major shareholder of Canagold Resources?
Currently, no hedge funds are holding shares in TSE:CCM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Canagold Resources Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$1.20 (110.53% Upside)
C$1.20 (110.53% Upside)
Insider Transactions
Bought Shares
Worth C$4.6M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
53.33%
12-Months-Change
Fundamentals
Return on Equity
-7.77%
Trailing 12-Months
Asset Growth
11.84%
Trailing 12-Months
Company Description
Canagold Resources
Canagold Resources Ltd. engages in the acquisition, exploration, and development of precious metal properties in the United States and Canada. The company explores for gold, silver, and copper deposits. Its flagship property is its 100% interest in the New Polaris gold mine project that consist of 61 mineral claims and 1 grid claim covering an area of approximately 2,956 acres located at Tulsequah River Valley. The company was formerly known as Canarc Resource Corp. and changed its name to Canagold Resources Ltd. in December 2020.Canagold Resources Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada.
CCM Stock 12 Month Forecast
Average Price Target
C$1.20
▲(110.53% Upside)
Technical Analysis
Allegiant Gold
―
Great Pacific Gold
―
Blue Lagoon Resources
―
Tectonic Metals
―
American Eagle Gold
―
Options Prices
Currently, No data available
---