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Cantex Mine Development
(CD)
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Rating:43Neutral
Price Target:
C$0.20
▲(26.88% Upside)
Action:Reiterated
Date:07/01/26
The score is primarily constrained by weak financial performance (no revenue, ongoing losses, and persistent negative operating/free cash flow), which implies continued financing/dilution risk. Technicals also weigh on the score as the stock trades below major moving averages, indicating a weak trend. Valuation is not supportive due to negative earnings (negative P/E) and no provided dividend yield.
Positive Factors
Low reported leverage
Reported TTM debt is very low (~$38K) with a ~0.06 debt-to-equity, which materially reduces near-term solvency pressure and interest burden. Structurally this gives management time to advance exploration projects without significant debt servicing constraints, improving operational flexibility.
Negative Factors
Pre-revenue operations
The company remains pre-revenue with recurring operating losses and negative gross profit, meaning there is no internal revenue stream to fund activities. Over the medium term this forces continued external financing, prolongs the path to self-sustainability, and raises execution risk for project advancement.
Read all positive and negative factors
Positive Factors
Negative Factors
Low reported leverage
Reported TTM debt is very low (~$38K) with a ~0.06 debt-to-equity, which materially reduces near-term solvency pressure and interest burden. Structurally this gives management time to advance exploration projects without significant debt servicing constraints, improving operational flexibility.
Read all positive factors
Cantex Mine Development (CD) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$36.62M
Dividend YieldN/A
Average Volume (3M)105.17K
Price to Earnings (P/E)―
Beta (1Y)0.60
Revenue GrowthN/A
EPS Growth48.35%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.02
Shares Outstanding159,231,340
10 Day Avg. Volume115,002
30 Day Avg. Volume105,171
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)-125.78
Price to Sales (P/S)0.00
P/FCF Ratio-6.36
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
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, the United States, and Yemen. The company explores for gold, nickel, copper, cobalt, silver, lead, zinc, germanium, manganese, ...
How the Company Makes Money
null...
Cantex Mine Development Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
15
Very Negative
| Breakdown | TTM | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -163.61K | -244.56K | -239.12K | -245.00K | -247.00K | -247.00K |
| EBITDA | -3.50M | -2.92M | -5.63M | -5.21M | -8.13M | -6.95M |
| Net Income | -3.35M | -3.22M | -5.20M | -5.28M | -7.97M | -7.22M |
Balance Sheet | ||||||
| Total Assets | 2.37M | 954.09K | 4.49M | 1.47M | 4.68M | 3.25M |
| Cash, Cash Equivalents and Short-Term Investments | 1.65M | 212.08K | 3.44M | 787.32K | 3.54M | 2.12M |
| Total Debt | 38.22K | 155.65K | 289.50K | 154.48K | 329.69K | 168.41K |
| Total Liabilities | 1.20M | 1.14M | 2.01M | 1.42M | 1.99M | 1.51M |
| Stockholders Equity | 1.17M | -185.28K | 2.48M | 49.90K | 2.69M | 1.74M |
Cash Flow | ||||||
| Free Cash Flow | -3.96M | -3.67M | -5.28M | -5.38M | -7.57M | -8.32M |
| Operating Cash Flow | -3.96M | -3.67M | -5.28M | -5.38M | -7.57M | -8.26M |
| Investing Cash Flow | -6.13K | 0.00 | 8.04K | 0.00 | -2.57K | -270.42K |
| Financing Cash Flow | 5.07M | 440.44K | 7.92M | 2.63M | 8.99M | 4.84M |
Cantex Mine Development Technical Analysis
Negative
0.16
Price Trends
0.28
Negative
0.27
Negative
0.22
Positive
Market Momentum
-0.02
Positive
42.02
Neutral
33.33
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 0.16 is below the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.28, and below the 200-day MA of 0.22, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 42.02 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 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
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% | |
54 Neutral | C$58.14M | -31.50 | -6.79% | ― | ― | 24.75% | |
52 Neutral | C$57.16M | -18.88 | -7.52% | ― | ― | -78.63% | |
44 Neutral | C$18.34M | -23.73 | -7.40% | ― | ― | 74.78% | |
43 Neutral | C$36.62M | -10.50 | -423.11% | ― | ― | 48.35% | |
43 Neutral | C$19.38M | -9.62 | -83.99% | ― | ― | 52.15% | |
42 Neutral | C$23.40M | -1.35 | ― | ― | ― | -60.28% |
* Basic Materials Sector Average
TSE:CD
Cantex Mine Development
0.22
0.06
37.50%
TSE:KC
Kutcho Copper Corp
0.31
0.17
113.79%
TSE:TN
Tartisan Nickel Corp
0.14
0.03
27.27%
TSE:VUL
Vulcan Minerals
0.46
0.36
355.00%
TSE:NTH
Nord Precious Metals Mining
0.17
0.03
21.43%
TSE:EVNI
EV Nickel, Inc.
0.15
-0.03
-16.67%
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.