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$113.39M
Enterprise ValueC$77.07M
Total Cash (Recent Filing)C$5.09M
Total Debt (Recent Filing)C$86.06K
Price to Earnings (P/E)―
Beta1.08
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 LeverageVery low leverage materially reduces solvency risk and preserves financial flexibility. For a pre-revenue explorer this allows continued funding of exploration and project advancement without immediate pressure from creditors, cushioning ongoing cash burn.
Flagship Asset In Stable JurisdictionSingle-asset focus on New Polaris provides a clear development thesis in a mining-friendly jurisdiction. Stable regulatory and permitting frameworks in British Columbia support long-term resource advancement and clearer capital allocation decisions for project development.
Improving Cash-burn TrendRecent positive free cash flow growth indicates the company is reducing cash burn relative to prior periods. While FCF remains negative, the trend reflects improving cash efficiency and modestly lowers near-term financing pressure, extending runway for exploration.
Bears Say
Pre-revenue OperationsBeing pre-revenue with recurring losses means the company cannot self-fund operations or project advancement. This structural reliance on external capital raises dilution and execution risk over the medium term until a clear path to resource monetization or production exists.
Persistent Negative Cash FlowsOperating cash flow negative across periods and deeply negative free cash flow indicate the core business consumes cash. This persistent outflow forces ongoing financing or reserve drawdowns, constraining the company's ability to scale exploration or advance development without dilution.
Consistent Net Losses And Negative ROEPersistent annual net losses and negative returns on equity show the company has not converted its equity base into profitable returns. This undermines long-term shareholder value and makes future capital raises more dilutive and potentially more expensive for investors.
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$113.39M.
When is Canagold Resources’s upcoming earnings report date?
Canagold Resources’s upcoming earnings report date is Aug 19, 2026 which is in 85 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
Canagold Resources Stock Smart Score
Neutral
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
53.33%
12-Months-Change
Fundamentals
Return on Equity
-7.08%
Trailing 12-Months
Asset Growth
23.13%
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
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Options Prices
Currently, No data available
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