Canagold Resources (TSE:CCM)
TSX:CCM
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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$115.53M
Enterprise ValueC$75.45M
Total Cash (Recent Filing)C$5.09M
Total Debt (Recent Filing)C$86.06K
Price to Earnings (P/E)―
Beta1.13
Next Earnings
Aug 19, 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 LeverageA near-zero debt-to-equity profile materially reduces solvency risk and preserves optionality for a pre-revenue miner. Low leverage grants the company flexibility to raise project finance on better terms, avoid immediate creditor pressure, and prioritize exploration or staged development without fixed interest burdens.
Equity Base GrowthAn expanding equity base strengthens the balance sheet and underpins capital resources for advancing New Polaris. Sustained equity growth improves borrowing capacity and investment credibility, reducing short-term solvency concerns and supporting longer-term project development timelines common in mining.
Improving Cash Burn TrendA recent improvement in free cash flow trajectory suggests management has begun to slow cash burn or improve spend efficiency. While still negative, a durable reduction in cash consumption extends runway, lowers near-term financing frequency, and increases the chance of reaching key development milestones without rapid dilutive raises.
Bears Say
Pre-revenue ProfileBeing pre-revenue with recurring losses is a structural constraint: the firm cannot self-fund exploration or development and remains dependent on external capital. That reliance increases dilution risk, raises the bar for sustained investor support, and prolongs the timeline to profitable operations common in junior mining.
Persistent Negative Operating Cash FlowOperating cash flow negative across all reported periods signals structural cash generation weakness. Until operations or selling assets produce positive operating cash, the company must constantly access financing, which can limit strategic choices, slow project timelines, and elevate long-term funding risk for development stages.
No Revenue And Worsening Net LossZero reported revenue and a deteriorating TTM net loss constrain the company's ability to demonstrate project economics or attract non-dilutive financing. This structural earnings deficiency lengthens the path to commercial viability, increases cost of capital, and pressures management to deliver material exploration or development milestones to justify continued funding.
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$115.53M.
When is Canagold Resources’s upcoming earnings report date?
Canagold Resources’s upcoming earnings report date is Aug 19, 2026 which is in 60 days.
How were Canagold Resources’s earnings last quarter?
Currently, no data Available
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?
Currently, no data Available
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
Company Description
Canagold Resources
Canagold Resources Ltd. is an exploration and development company primarily focused on discovering and advancing precious metal properties. The firm actively seeks out gold, silver, and copper deposits throughout the United States and Canada. A cornerstone of their portfolio is the wholly-owned New Polaris gold mine project. This significant asset comprises 61 mineral claims and one grid claim, spanning approximately 2,956 acres within the Tulsequah River Valley. The company adopted its current name, Canagold Resources Ltd., in December 2020, having previously operated as Canarc Resource Corp. Established in 1987, Canagold Resources maintains its corporate headquarters in Vancouver, Canada.
CCM Stock 12 Month Forecast
Average Price Target
C$1.20
▲(110.53% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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