Canagold Resources (TSE:CCM)
TSX:CCM
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$114.44M
Enterprise ValueC$82.06M
Total Cash (Recent Filing)C$836.00K
Total Debt (Recent Filing)C$102.00K
Price to Earnings (P/E)―
Beta1.04
Next Earnings
May 20, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding193,965,700
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 StrengthAn extremely low debt-to-equity (~0.003) materially reduces interest and solvency risk, giving management durable optionality to fund exploration, structure joint ventures, or wait for favorable financing. This balance-sheet flexibility supports multi-month project development without immediate debt pressure.
Focused Flagship Asset: New PolarisConcentration on the New Polaris gold project provides a clear, asset-focused development path. Operating in British Columbia offers relative jurisdictional and infrastructure stability, enabling management to allocate capital and technical resources efficiently toward drilling, permitting, and staged value creation over time.
Lean Operating StructureA three-person headcount indicates a very lean corporate cost base, which lowers fixed overhead and extends cash runway. For an exploration-stage miner this durable cost control lets capital be directed to field work and project development rather than SG&A, improving runway between financings.
Bears Say
Persistent Negative Cash FlowConsistent negative operating cash flow and deeply negative free cash flow indicate ongoing cash burn that undermines the company's ability to self-fund exploration and development. Over the medium term this persistent shortfall forces repeated external raises and can delay project milestones and value realization.
Pre-revenue / Ongoing Operating LossesA pre-revenue model with recurring operating losses and a TTM net loss means project economics remain theoretical. Without producing revenue, the company depends on successful exploration outcomes and external capital; this elevates execution and commodity-price risk over the coming months.
Dependence On External Financing / Dilution RiskDocumented reliance on external financing signals structural funding risk. Frequent capital raises can dilute existing shareholders and interrupt project continuity if markets tighten. Over a 2-6 month horizon this dependence can limit strategic flexibility and pressure timelines for drilling and permitting.
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$114.44M.
When is Canagold Resources’s upcoming earnings report date?
Canagold Resources’s upcoming earnings report date is May 20, 2026 which is in 40 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 193,965,700 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
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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
-4.68%
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
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Options Prices
Currently, No data available
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