Want to see TSE:CCM full AI Analyst Report?
Top Page
Canagold Resources
(TSX:CCM)
Select Model
Select Model
Rating:52Neutral
Price Target:
C$0.58
▲(10.77% Upside)
Action:Reiterated
Date:08/17/26
The score is primarily constrained by weak financial performance—no revenue, continuing losses, and significant negative free cash flow—despite a very low-debt balance sheet that provides some staying power. Technical indicators are moderately positive with price trading above key moving averages, but valuation remains challenged due to ongoing unprofitability and no indicated dividend support.
Positive Factors
Very low leverage
Minimal debt reduces solvency risk and interest obligations, giving Canagold greater financial flexibility to fund exploration and development activities while limiting balance-sheet pressure during periods without operating revenue.
Negative Factors
No operating revenue
The lack of revenue means Canagold has no demonstrated operating income stream to fund exploration or corporate costs. Until a project reaches production or another durable funding source emerges, financial performance remains dependent on capital availability.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Minimal debt reduces solvency risk and interest obligations, giving Canagold greater financial flexibility to fund exploration and development activities while limiting balance-sheet pressure during periods without operating revenue.
Read all positive factors
Canagold Resources (CCM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$119.81M
Dividend YieldN/A
Average Volume (3M)59.49K
Price to Earnings (P/E)―
Beta (1Y)1.27
Revenue GrowthN/A
EPS Growth-55.56%
CountryCA
Employees5
SectorBasic Materials
Sector Strength58
IndustryGold
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Canagold Resources Business Overview & Revenue Model
Company Description
Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. It explores for gold, silver, and copper deposits. The company holds 100% interest in the Ne...
How the Company Makes Money
null...
Canagold Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
72
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Mar 2026 | Dec 2024 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -75.20K | -76.00K | -81.00K | -89.00K | -60.00K | -55.00K |
| EBITDA | -1.70M | -1.67M | -1.43M | -1.53M | -1.61M | -1.86M |
| Net Income | -2.16M | -2.59M | -1.12M | -3.05M | -2.71M | -1.83M |
Balance Sheet | ||||||
| Total Assets | 43.10M | 38.42M | 32.74M | 33.23M | 32.63M | 27.58M |
| Cash, Cash Equivalents and Short-Term Investments | 2.65M | 836.00K | 894.00K | 4.34M | 4.68M | 3.31M |
| Total Debt | 70.88K | 102.00K | 150.00K | 215.00K | 257.00K | 21.00K |
| Total Liabilities | 4.58M | 4.45M | 2.77M | 2.49M | 3.12M | 1.29M |
| Stockholders Equity | 38.52M | 33.97M | 29.98M | 30.74M | 29.51M | 26.29M |
Cash Flow | ||||||
| Free Cash Flow | -7.82M | -5.09M | -6.03M | -6.28M | -5.93M | -9.10M |
| Operating Cash Flow | -1.13M | -817.00K | -364.00K | -1.73M | -1.33M | -893.00K |
| Investing Cash Flow | -7.16M | -4.17M | -4.56M | -2.79M | -4.28M | -7.55M |
| Financing Cash Flow | 10.62M | 5.02M | 2.95M | 3.24M | 8.21M | 4.40M |
Canagold Resources Technical Analysis
Positive
0.52
Price Trends
0.54
Positive
0.54
Positive
0.53
Positive
Market Momentum
0.01
Negative
52.41
Neutral
29.63
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CCM, the sentiment is Positive. The current price of 0.52 is below the 20-day moving average (MA) of 0.55, below the 50-day MA of 0.54, and below the 200-day MA of 0.53, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 52.41 is Neutral, neither overbought nor oversold. The STOCH value of 29.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CCM.
Canagold Resources Risk Analysis
Canagold Resources disclosed 1 risk factors in its most recent earnings report. Canagold Resources reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Canagold Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | C$268.51M | -17.55 | -37.48% | ― | ― | -18.39% | |
52 Neutral | C$119.81M | -37.51 | -7.08% | ― | ― | -55.56% | |
47 Neutral | C$308.54M | -6.68 | -73.64% | ― | ― | -154.71% | |
46 Neutral | C$101.18M | -14.56 | -35.80% | ― | ― | -68.09% | |
44 Neutral | C$58.80M | -15.91 | -15.03% | ― | ― | 87.38% | |
43 Neutral | C$78.06M | -15.40 | -7.91% | ― | ― | 48.47% |
* Basic Materials Sector Average
TSE:CCM
Canagold Resources
0.56
0.08
15.46%
TSE:AUAU
Allegiant Gold
0.63
-0.18
-22.22%
TSE:GPAC
Great Pacific Gold
0.37
0.00
0.00%
TSE:BLLG
Blue Lagoon Resources
0.66
0.07
11.86%
TSE:TECT
Tectonic Metals
2.39
1.47
159.78%
TSE:AE
American Eagle Gold
1.25
0.72
135.85%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.