Condor Resources (CN) AI Stock Analysis

• Market Cap: C$24.00M
• Dividend Yield: N/A
• Average Volume (3M): 31.12K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.57
• Revenue Growth: N/A
• EPS Growth: -353.33%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 56
• Industry: Mining
• EPS (TTM): >-0.01
• Shares Outstanding: 141,154,800
• 10 Day Avg. Volume: 48,516
• 30 Day Avg. Volume: 31,120
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -25.00
• 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

Condor Resources' stock score reflects a challenging financial situation with persistent losses and negative cash flow. While the balance sheet is strong, operational inefficiencies and lack of revenue generation are significant concerns. Technical indicators suggest moderate potential for price recovery, supported by positive corporate developments. However, the negative valuation metrics highlight the risk of overvaluation.

Condor Resources Business Overview & Revenue Model

Company Description

Condor Resources (CN) is a natural resource exploration company focused on the acquisition and development of mineral properties in South America. The company is primarily involved in the exploration of gold, silver, copper, and other valuable minerals, aiming to discover and develop commercially viable mining projects. Condor Resources leverages its expertise in geology and mining to identify promising mineral deposits and advance them from exploration through to feasibility studies.

How the Company Makes Money

Condor Resources makes money by exploring and developing mineral properties with the potential to contain commercially viable quantities of precious and base metals. The company generates revenue through the sale of mineral rights or joint venture agreements with larger mining companies that have the capacity to fund the development of a mine. Revenue streams may also include the sale of extracted minerals, royalties from partnerships, and potentially, equity investments from strategic partners. Condor Resources' earnings are significantly influenced by the success of its exploration activities, commodity prices, and the terms of its partnerships.

Condor Resources Financial Statement Overview

Summary

Condor Resources faces significant financial challenges, primarily due to the absence of revenue and persistent net losses, leading to weak income statement performance. Despite a strong equity position and no debt, negative cash flows highlight liquidity constraints. Improvement in revenue generation and operational efficiency is crucial for long-term sustainability.

Income Statement

Condor Resources has consistently reported zero revenue across the periods, indicating a lack of operational income generation. The net loss in the TTM period and prior years highlights ongoing unprofitability, with negative EBIT and EBITDA margins indicating inefficient operations. The company's financial trajectory shows no signs of revenue growth, a critical concern for sustaining operations.

Balance Sheet

The company maintains a strong equity position, with a high equity ratio indicating financial stability. The absence of debt and a positive stockholders' equity are significant strengths. However, the minimal liabilities suggest limited leverage, which might restrict growth opportunities in capital-intensive mining operations.

Cash Flow

Negative operating and free cash flows indicate cash outflows exceeding inflows, a strain on liquidity. Although the company managed to secure financing in some periods, the consistent negative free cash flow growth rate underscores challenges in generating sufficient cash internally to support operations.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-41.68K	-39.90K	0.00	0.00	0.00	0.00
	EBIT
-654.52K	-113.82K	-228.48K	-215.35K	-3.59M	24.13K
	EBITDA
-825.41K	-113.82K	-228.48K	119.53K	-420.74K	24.13K
	Net Income Common Stockholders
-531.47K	1.22M	439.40K	119.53K	2.33M	-121.16K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.28M	2.28M	671.04K	359.81K	783.34K	219.74K
	Total Assets
10.50M	10.50M	7.19M	6.33M	6.02M	2.23M
	Total Debt
0.00	0.00	40.00K	40.00K	40.00K	0.00
	Net Debt
-1.70M	-1.70M	-497.99K	-229.81K	-515.34K	-61.09K
	Total Liabilities
131.48K	131.48K	141.75K	141.87K	147.72K	102.13K
	Stockholders Equity
10.37M	10.37M	7.05M	6.19M	5.88M	2.13M
Cash Flow		Free Cash Flow
-1.91M	-417.25K	-1.30M	-1.08M	-416.98K	-326.45K
	Operating Cash Flow
-880.63K	-413.84K	-399.85K	-341.42K	-377.68K	-325.39K
	Investing Cash Flow
-1.01M	-492.70K	668.02K	-115.11K	-292.32K	47.04K
	Financing Cash Flow
3.00K	2.06M	0.00	171.00K	1.16M	226.00K

Condor Resources Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.15
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CN, the sentiment is Neutral. The current price of 0.15 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.14, and above the 200-day MA of 0.15, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 51.75 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:CN.

Condor Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ELD	74 Outperform	$4.08B	10.11	7.33%	―	27.29%	―
MUX	69 Neutral	$364.12M	3.21	20.51%	―	47.02%	―
BTO	54 Neutral	$5.10B	―	-24.08%	5.99%	-4.17%	-318.18%
Sector *	47 Neutral	$2.64B	-4.00	-31.55%	3.33%	2.93%	-29.90%
CN	46 Neutral	C$24.00M	―	-5.41%	―	―	-353.33%
AAG	39 Underperform	$139.05M	―	-23.45%	―	―	3.52%

Condor Resources Corporate Events

Condor Resources Projects a Transformative Year in 2025

Condor Resources Inc. anticipates 2025 to be a pivotal year as it advances its Pucamayo and Huinac Punta projects, which have the potential to attract major mining companies. The company is also progressing with its Cobreorco project, in collaboration with Teck Resources Limited, and is exploring opportunities to divest non-core assets to generate capital for its primary projects.

Condor Resources Announces Significant Discovery at Rio Bravo Project

Condor Resources Inc. announced the discovery of significant porphyry copper and molybdenum mineralization at their 100%-owned Rio Bravo project, located in South-Central Peru. The newly acquired historical data from a major mining company includes drill results indicating potential for a higher-grade core, enhancing Rio Bravo’s marketability and creating value for shareholders.

Condor Resources Restructures Payment and Cancels Offering

Condor Resources Inc. has restructured a payment agreement with Element79 Gold Corp. regarding the Lucero Project in Peru, increasing the payment to $1.1 million with a secured pledge of shares. Additionally, Condor has canceled a planned private placement, opting for potentially less dilutive capital raising opportunities next year.

Condor Resources Announces AGM Results

Condor Resources Inc. announced the successful completion of its 2024 Annual General and Special Shareholders’ Meeting, where all proposed resolutions, including the election of six directors and the appointment of auditors, were approved. A total of 32,169,685 common shares were voted, representing 22.79% of the company’s outstanding shares.

Condor Resources Announces $1.5M Private Placement

Condor Resources has announced a private placement offering of up to $1.5 million, aiming to fund exploration at their Huinac Punta and Pucamayo projects. The offering includes up to 10 million units, each priced at $0.15, which consist of common shares and warrants. This financing move is expected to support the company’s exploration initiatives and general corporate purposes.