Cordoba Minerals (CDB) AI Stock Analysis

• Market Cap: C$61.47M
• Dividend Yield: N/A
• Average Volume (3M): 42.93K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.36
• Revenue Growth: N/A
• EPS Growth: 29.90%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Industrial Materials
• EPS (TTM): -0.18
• Shares Outstanding: 89,091,060
• 10 Day Avg. Volume: 13,882
• 30 Day Avg. Volume: 42,933
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• 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 Corp., a mineral exploration company, engages in the acquisition, exploration, and development of base and precious metal properties in Colombia and the United States. The company explores for copper, silver, and gold deposits. It primarily holds a 100% interest in the San Matias project with exploration licenses covering 146.62 square kilometers and has an additional 893.91 square kilometers of exploration licenses under application located in the municipality of Puerto Libertador, in the Department of Cordoba, Colombia. The company was incorporated in 2009 and is headquartered in Vancouver, Canada. Cordoba Minerals Corp. is a subsidiary of Ivanhoe Electric Inc.

How the Company Makes Money

Cordoba Minerals makes money through the exploration, development, and eventual sale or partnership of mineral projects, with a focus on copper and gold. The company's revenue model involves increasing the value of its mineral assets through successful exploration and development activities. Key revenue streams include potential future sales of mineral resources from developed projects, strategic partnerships, joint ventures, and project financing agreements. Cordoba Minerals also benefits from investments and funding from stakeholders who are interested in the potential returns from the mining projects it develops. The company may enter into agreements with other mining companies to share in the development costs and profits, which can be a significant factor in its earnings.

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

Cordoba Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.69
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 0.69 is above the 20-day moving average (MA) of 0.59, above the 50-day MA of 0.47, and above the 200-day MA of 0.43, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 62.28 is Neutral, neither overbought nor oversold. The STOCH value of 92.13 is Negative, 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
Sector *	49 Neutral	$1.95B	-1.37	-21.43%	3.74%	0.84%	-29.84%
FOM	46 Neutral	C$1.43B	―	-3.01%	―	―	8.92%
FIL	39 Underperform	$4.38B	―	-94.70%	―	―	-16.89%
CDB	32 Underperform	C$61.47M	―	-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.