Cordoba Minerals (CDB) AI Stock Analysis

• Market Cap: C$40.09M
• Dividend Yield: N/A
• Average Volume (3M): 51.62K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.32
• Revenue Growth: N/A
• EPS Growth: 29.90%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.18
• Shares Outstanding: 89,091,060
• 10 Day Avg. Volume: 22,044
• 30 Day Avg. Volume: 51,621
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -1.50
• 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

Cordoba Minerals exhibits significant financial instability, marked by zero revenue and high leverage, which severely impact its stock score negatively. Although there is some technical upward momentum, overbought conditions and unattractive valuation metrics highlight potential risks for investors.

Cordoba Minerals Business Overview & Revenue Model

Company Description

Cordoba Minerals (CDB) is a mineral exploration company engaged in the acquisition, exploration, and development of mineral properties, primarily focusing on copper and gold projects. The company's flagship project is the San Matias Copper-Gold-Silver Project located in Colombia, which is a joint venture with JCHX Mining Management Co., Ltd. Cordoba Minerals aims to discover and develop significant mineral resources to create value for its shareholders and stakeholders.

How the Company Makes Money

Cordoba Minerals makes money through the exploration and potential development of mineral properties that could lead to the extraction and sale of metals such as copper, gold, and silver. The company's revenue model primarily involves advancing its mineral projects to a stage where they can be sold, partnered, or mined to generate income. Cordoba's financial success is largely contingent on its ability to discover commercially viable mineral deposits and to either develop these projects or partner with larger mining companies for further development and production. The partnership with JCHX Mining Management Co., Ltd., a significant mining company, provides technical expertise and financial support, which can facilitate project advancement and potential revenue generation from mineral sales or project partnerships.

Cordoba Minerals Financial Statement Overview

Summary

Cordoba Minerals faces significant financial challenges, reflected in its inability to generate revenue and persistent losses. High leverage and negative equity in recent years pose risks to financial stability. The company relies heavily on financing to sustain operations, and its cash flow position underscores the need for strategic changes to achieve financial health.

Income Statement

Cordoba Minerals reports zero revenue, leading to negative profitability metrics. The company shows a significant net loss, with no improvement in revenue generation. The absence of revenue growth and high EBIT and EBITDA losses indicate severe challenges in achieving operational profitability.

Balance Sheet

The company has a low equity position with high total liabilities compared to stockholders' equity, resulting in a poor equity ratio. The debt-to-equity ratio indicates high leverage, though the debt level remains relatively low. Negative equity in previous years suggests financial instability. The recent increase in stockholders' equity reflects some recovery, but overall solvency remains weak.

Cash Flow

Cordoba Minerals shows negative operating and free cash flow, highlighting the company's struggle to generate cash from operations. The high negative free cash flow indicates ongoing financial strain, though recent financing activities have provided some liquidity. Long-term sustainability is questionable without positive cash flow generation.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-972.00K	-611.00K	-368.00K	-310.00K	-342.81K	-357.31K
	EBIT
-29.07M	-37.28M	-29.39M	-20.33M	-27.69M	-10.56M
	EBITDA
-29.09M	-37.12M	-29.02M	-20.06M	-27.32M	-10.05M
	Net Income Common Stockholders
-16.16M	-22.90M	-31.61M	-20.47M	-27.31M	-10.43M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
14.52M	5.08M	10.98M	4.95M	5.48M	247.16K
	Total Assets
19.97M	52.37M	19.40M	11.07M	10.71M	20.89M
	Total Debt
2.01M	1.26M	422.00K	231.00K	153.01K	413.61K
	Net Debt
-12.50M	-3.81M	-10.56M	-4.72M	-5.32M	166.45K
	Total Liabilities
13.56M	9.00M	40.34M	1.50M	1.22M	22.20M
	Stockholders Equity
3.93M	25.39M	-20.94M	10.80M	10.13M	-1.11M
Cash Flow		Free Cash Flow
-29.09M	-41.19M	-26.16M	-20.65M	-27.75M	-8.94M
	Operating Cash Flow
-29.28M	-44.59M	-25.71M	-20.47M	-27.43M	-8.89M
	Investing Cash Flow
33.98M	-796.00K	-453.00K	-174.00K	-313.39K	-14.31K
	Financing Cash Flow
5.64M	34.27M	32.25M	20.12M	33.10M	8.40M

Cordoba Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CDB, the sentiment is Positive. The current price of 0.38 is below the 20-day moving average (MA) of 0.47, below the 50-day MA of 0.40, and below the 200-day MA of 0.42, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 67.56 is Neutral, neither overbought nor oversold. The STOCH value of 72.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CDB.

Cordoba Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ARG	75 Outperform	C$267.93M	10.23	18.36%	9.99%	24.21%	465.48%
LUN	61 Neutral	$8.25B	25.63	0.24%	3.81%	-2.71%	-188.94%
Sector *	47 Neutral	$2.43B	-3.06	-22.76%	3.59%	4.02%	-29.07%
NGEX	38 Underperform	$2.30B	―	-48.40%	―	―	-53.13%
FOM	36 Underperform	C$1.34B	―	-3.01%	―	―	8.92%
CDB	32 Underperform	C$40.09M	―	-110.18%	―	―	29.90%

Cordoba Minerals Corporate Events

Cordoba Minerals Announces Board and Management Changes

Cordoba Minerals has announced the appointment of Mark Gibson and Glen Kuntz to its Board of Directors, both of whom bring extensive experience in the natural resources sector and have been involved in the Alacran Project. The company also announced the departure of Gustavo Zulliger, Vice-President of Exploration, as part of its management changes, which are expected to aid in the next phase of development for the Alacran Project.