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Cantex Mine Development Corp (TSE:CD)
:CD
Canadian Market

Cantex Mine Development (CD) AI Stock Analysis

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Cantex Mine Development

(CD)

Rating:46Neutral
Price Target:
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 (CD) vs. iShares MSCI Canada ETF (EWC)

Cantex Mine Development Business Overview & Revenue Model

Company DescriptionCantex Mine Development Corp. engages in the acquisition, exploration, and development of mineral properties in Canada, Yemen, and the United States. The company explores for gold, nickel, copper, lead, zinc, manganese, cobalt, platinum, palladium, and rhodium deposits. Its primary project located in the Yukon with 1,075 claim blocks covering approximately 21,500 hectares. In addition, the company holds interest in 4 mineral properties in Nevada. Cantex Mine Development Corp. is headquartered in Kelowna, Canada.
How the Company Makes MoneyCantex 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 struggles significantly in financial performance with no revenue generation and negative profits. The balance sheet indicates a weak equity position, and cash flows are persistently negative, reflecting severe financial challenges.
Income Statement
10
Very Negative
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
30
Negative
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
25
Negative
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.
BreakdownTTMSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-239.08K0.00-245.00K-247.00K-247.00K-716.00K
EBITDA-5.34M-5.63M-5.33M-8.13M-6.95M-2.28M
Net Income-5.23M-5.20M-5.28M-7.97M-7.22M-3.03M
Balance Sheet
Total Assets1.16M4.49M1.47M4.68M3.25M6.73M
Cash, Cash Equivalents and Short-Term Investments547.22K3.44M787.32K3.54M2.12M5.60M
Total Debt191.55K289.50K154.48K329.69K168.41K365.03K
Total Liabilities1.06M2.01M1.42M1.99M1.51M1.58M
Stockholders Equity100.21K2.48M49.90K2.69M1.74M5.15M
Cash Flow
Free Cash Flow-5.10M-5.28M-5.38M-7.57M-8.32M-13.77M
Operating Cash Flow-5.10M-5.28M-5.38M-7.57M-8.26M-13.10M
Investing Cash Flow10.32K8.04K0.00-2.57K-270.42K-673.67K
Financing Cash Flow1.86M7.92M2.63M8.99M4.84M7.84M

Cantex Mine Development Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.15
Price Trends
50DMA
0.18
Negative
100DMA
0.17
Negative
200DMA
0.14
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
34.75
Neutral
STOCH
21.43
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CD, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.18, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.75 is Neutral, neither overbought nor oversold. The STOCH value of 21.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CD.

Cantex Mine Development Peers Comparison

Overall Rating
UnderperformOutperform
Sector (43)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSEMM
48
Neutral
C$20.57M-43.82%-55.00%
TSCD
46
Neutral
C$19.64M-297.03%-28.45%
43
Neutral
AU$1.41B-6.14-40.74%4.12%-3.45%-41.77%
39
Underperform
C$20.02M-92.05%51.18%
TSSTE
38
Underperform
C$22.79M-22.67%-243.06%
27
Underperform
C$27.16M-39.72%19.30%
$22.47M-10.19%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:CD
Cantex Mine Development
0.15
<0.01
7.14%
TSE:EMNT
Eminent Gold Corp.
0.36
0.08
28.57%
TSE:STE
Starr Peak Mining
0.40
-0.02
-4.76%
TSE:EMM
Giyani Gold
0.07
-0.03
-30.00%
AZZTF
Aztec Minerals
0.16
0.01
6.67%
TSE:EVNI
EV Nickel, Inc.
0.18
-0.36
-66.67%

Cantex Mine Development Corporate Events

Business Operations and Strategy
Cantex Mine Development Unveils 2025 Exploration Plans for North Rackla
Positive
Apr 24, 2025

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.

Business Operations and Strategy
Cantex Mine Development Unveils Significant Germanium Findings at North Rackla Project
Positive
Apr 14, 2025

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.

Business Operations and Strategy
Cantex Unveils Promising Germanium Results Amidst Global Supply Shifts
Positive
Feb 12, 2025

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.

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.Date of analysis: Apr 25, 2025