Cantex Mine Development (CD) AI Stock Analysis

• Market Cap: C$19.64M
• Dividend Yield: N/A
• Average Volume (3M): 61.64K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.84
• Revenue Growth: N/A
• EPS Growth: -28.45%
• Country: CA
• Employees: 235
• Sector: Basic Materials
• Sector Strength: 73
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 130,937,680
• 10 Day Avg. Volume: 67,916
• 30 Day Avg. Volume: 61,643
• PEG Ratio: -0.26
• Price to Book (P/B): 196.11
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.85
• 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

• Rating: 46 Neutral
• 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 Business Overview & Revenue Model

Company Description

Cantex 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 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 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

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	-239.08K	0.00	-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 Assets	1.16M	4.49M	1.47M	4.68M	3.25M	6.73M
Cash, Cash Equivalents and Short-Term Investments	547.22K	3.44M	787.32K	3.54M	2.12M	5.60M
Total Debt	191.55K	289.50K	154.48K	329.69K	168.41K	365.03K
Total Liabilities	1.06M	2.01M	1.42M	1.99M	1.51M	1.58M
Stockholders Equity	100.21K	2.48M	49.90K	2.69M	1.74M	5.15M
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 Flow	10.32K	8.04K	0.00	-2.57K	-270.42K	-673.67K
Financing Cash Flow	1.86M	7.92M	2.63M	8.99M	4.84M	7.84M

Cantex Mine Development Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.15
• 50DMA: Negative
• 100DMA: Negative
• 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 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EMM	48 Neutral	C$20.57M	―	-43.82%	―	―	-55.00%
CD	46 Neutral	C$19.64M	―	-297.03%	―	―	-28.45%
Sector *	43 Neutral	AU$1.41B	-6.14	-40.74%	4.12%	-3.45%	-41.77%
EVNI	39 Underperform	C$20.02M	―	-92.05%	―	―	51.18%
STE	38 Underperform	C$22.79M	―	-22.67%	―	―	-243.06%
EMNT	27 Underperform	C$27.16M	―	-39.72%	―	―	19.30%
AZZTF		$22.47M	―	-10.19%	―	―	―

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.