Cantex Mine Development (CD) AI Stock Analysis

• Market Cap: C$22.91M
• Dividend Yield: N/A
• Average Volume (3M): 140.32K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.72
• Revenue Growth: N/A
• EPS Growth: -28.45%
• Country: CA
• Employees: 235
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Industrial Materials
• EPS (TTM): -0.04
• Shares Outstanding: 130,937,680
• 10 Day Avg. Volume: 89,782
• 30 Day Avg. Volume: 140,322
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -2.10
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Cantex Mine Development's overall score of 46 reflects substantial financial difficulties, with no revenue and negative valuation metrics. However, the stock shows some technical strength and potential future growth due to promising corporate events, such as significant germanium findings and exploration plans. These may bolster long-term prospects despite current struggles.

Cantex Mine Development Business Overview & Revenue Model

Company Description

Cantex Mine Development Corp (CD) is a mineral exploration and development company that operates primarily in the mining sector. The company focuses on the exploration and development of mineral properties, with a particular emphasis on locating and extracting precious metals such as gold, silver, and base metals. Cantex Mine Development is committed to advancing its mining projects through various stages of exploration and feasibility, aiming to discover and develop economically viable mineral resources.

How the Company Makes Money

Cantex Mine Development makes money through the exploration and development of mineral properties, which involves discovering and evaluating mineral resources that can be economically extracted. The company generates revenue primarily by advancing its mining projects to a stage where they become attractive for acquisition or joint ventures by larger mining companies. Additionally, Cantex may earn income through the sale of mineral rights or by entering into royalty agreements, where the company receives a percentage of the revenue from the minerals extracted by other parties. Strategic partnerships and joint ventures with other mining companies or investors also contribute to its revenue streams by providing funding and shared expertise to advance its mining projects.

Cantex Mine Development Financial Statement Overview

Summary

Cantex Mine Development faces significant financial challenges with no revenue, high negative profits, and weak cash flow. The balance sheet shows limited leverage but a precarious equity position, necessitating strategic financial restructuring.

Income Statement

Cantex Mine Development has not generated any revenue over the reported periods, resulting in consistent negative gross profit, EBIT, and net income. The absence of revenue growth and profitability metrics highlights significant operational challenges.

Balance Sheet

The company's balance sheet shows a weak equity position with low stockholders' equity relative to liabilities, indicating potential financial instability. However, the debt-to-equity ratio remains low due to minimal total debt, providing some leverage stability.

Cash Flow

The cash flow situation is concerning, with persistent negative operating and free cash flows indicating poor cash generation capacity. The company's ability to cover net income with operating cash flow is negative, reflecting significant cash flow challenges.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-238.93K	0.00	-244.71K	-246.62K	-246.75K	-715.81K
	EBIT
-1.11M	-5.41M	-5.54M	-8.38M	-8.76M	-12.88M
	EBITDA
-5.50M	-5.63M	-5.00M	-7.69M	-6.95M	-2.28M
	Net Income Common Stockholders
-5.45M	-5.20M	-5.28M	-7.97M	-7.22M	-3.03M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
901.88K	3.44M	787.32K	3.54M	2.12M	5.60M
	Total Assets
1.63M	4.49M	1.47M	4.68M	3.25M	6.73M
	Total Debt
186.60K	289.50K	154.48K	329.69K	168.41K	365.03K
	Net Debt
-715.28K	-3.15M	-632.85K	-3.21M	-1.95M	-5.23M
	Total Liabilities
1.19M	2.01M	1.42M	1.99M	1.51M	1.58M
	Stockholders Equity
448.32K	2.48M	49.90K	2.69M	1.74M	5.15M
Cash Flow		Free Cash Flow
-4.98M	-5.28M	-5.38M	-7.57M	-8.48M	-13.77M
	Operating Cash Flow
-4.98M	-5.28M	-5.38M	-7.57M	-8.26M	-13.10M
	Investing Cash Flow
10.32K	8.04K	0.00	-2.57K	-270.42K	-673.67K
	Financing Cash Flow
1.85M	7.92M	2.63M	8.99M	5.05M	7.84M

Cantex Mine Development Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CD, the sentiment is Neutral. The current price of 0.18 is below the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.17, and above the 200-day MA of 0.13, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.75 is Neutral, neither overbought nor oversold. The STOCH value of 35.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:CD.

Cantex Mine Development Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SKE	52 Neutral	C$1.80B	―	-141.24%	―	―	-19.29%
Sector *	49 Neutral	$1.95B	-1.50	-22.00%	3.79%	0.66%	-27.40%
CD	46 Neutral	C$22.91M	―	-244.66%	―	―	-28.45%
NRN	37 Underperform	C$4.79M	―	-84.95%	―	―	-270.64%
BAY	36 Underperform	C$13.91M	―	-349.78%	―	―	-184.91%

Cantex Mine Development Corporate Events

Cantex Mine Development Unveils 2025 Exploration Plans for North Rackla

Cantex Mine Development Corp. has announced its exploration plans for 2025 at its North Rackla claim block in Yukon, Canada. The company aims to expand its Massive Sulphide Silver-Lead-Zinc-Germanium Project, which has shown promising mineralization results, and to conduct metallurgical tests that could reduce environmental impact. Additionally, Cantex plans to drill test several anomalies, including the Copper Project and gold and silver-copper anomalies, to further explore and potentially expand its mineral resources.

Spark’s Take on TSE:CD Stock

According to Spark, TipRanks’ AI Analyst, TSE:CD is a Neutral.

Cantex Mine Development’s stock score reflects substantial financial difficulties and poor valuation. However, promising corporate events and modest technical indicators suggest potential for future growth. The lack of earnings call data limits a comprehensive analysis.

To see Spark’s full report on TSE:CD stock, click here.

Cantex Mine Development Unveils Significant Germanium Findings at North Rackla Project

Cantex Mine Development Corp. announced significant findings of germanium at its North Rackla project in Yukon, Canada. The discovery of elevated germanium levels in the Massive Sulphide project enhances the value of the mineralization and positions Cantex as a potential key supplier of germanium in the West amid global trade tensions and supply challenges. This development is particularly important given the strategic need for alternative sources of germanium, as existing supplies are largely controlled by China and Russia.

Spark’s Take on TSE:CD Stock

According to Spark, TipRanks’ AI Analyst, TSE:CD is a Neutral.

Cantex Mine Development’s overall stock score reflects substantial financial difficulties and poor valuation, offset by promising corporate events that underscore potential future growth. The stock’s technical position is modestly positive, but the absence of earnings call data limits the comprehensive analysis. Despite current financial struggles, recent discoveries and expansions could improve long-term prospects.

To see Spark’s full report on TSE:CD stock, click here.

Cantex Unveils Promising Germanium Results Amidst Global Supply Shifts

Cantex Mine Development Corp. announced significant germanium results from its 2024 drilling program at the North Rackla project in Yukon. The discovery is timely given China’s ban on germanium exports to the US, highlighting Cantex’s potential to become a crucial western source of this critical metal, essential for technology and military applications.