Condor Resources Inc (TSE:CN)
:CN
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Condor Resources
(CN)
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Select Model
Rating:42Neutral
Price Target:
C$0.18
▲(1.11% Upside)
Action:ReiteratedDate:02/02/26
The score is held down primarily by weak financial performance (pre-revenue operations, widening losses, and ongoing cash burn) and bearish technical momentum (below key moving averages with negative MACD). Valuation provides limited offset because the company is loss-making and has no stated dividend yield, despite the low-debt balance sheet being a modest positive.
Positive Factors
Low leverage
Zero reported debt materially reduces solvency and refinancing risk for an early-stage explorer. This durable financial strength gives management flexibility to time financing, prioritize exploration budgets, and avoid interest burden that would otherwise accelerate cash burn and constrain project advancement.
Negative Factors
Pre-revenue operations
Being pre-revenue means the company lacks internal cash generation and must rely on external financing to fund exploration. That structural funding dependency increases execution risk, elongates time to returns, and makes long-term project advancement contingent on successful capital raises or partner agreements.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Zero reported debt materially reduces solvency and refinancing risk for an early-stage explorer. This durable financial strength gives management flexibility to time financing, prioritize exploration budgets, and avoid interest burden that would otherwise accelerate cash burn and constrain project advancement.
Read all positive factors
Condor Resources (CN) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$21.80M
Dividend YieldN/A
Average Volume (3M)38.61K
Price to Earnings (P/E)―
Beta (1Y)-0.06
Revenue GrowthN/A
EPS Growth-581.25%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding150,338,130
10 Day Avg. Volume25,737
30 Day Avg. Volume38,613
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)4.21
Price to Sales (P/S)0.00
P/FCF Ratio-31.38
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
Condor Resources Business Overview & Revenue Model
Company Description
Condor Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Peru. The company explores for gold, silver, copper, lead, and zinc deposits, as well as other precious and base...
How the Company Makes Money
null...
Condor Resources Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
64
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Feb 2025 | May 2025 | May 2024 | May 2023 | May 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -111.09K | -39.90K | ― | ― | ― |
| EBITDA | -1.15M | -848.80K | -113.82K | -228.00K | -215.35K | -3.59M |
| Net Income | -5.24M | -4.74M | 1.22M | 439.40K | 119.53K | 2.33M |
Balance Sheet | ||||||
| Total Assets | 6.44M | 5.92M | 10.50M | 7.19M | 6.33M | 6.02M |
| Cash, Cash Equivalents and Short-Term Investments | 35.99K | 268.81K | 2.28M | 671.04K | 359.81K | 783.34K |
| Total Debt | 0.00 | 0.00 | 0.00 | 40.00K | 40.00K | 40.00K |
| Total Liabilities | 574.55K | 219.02K | 131.48K | 141.75K | 141.87K | 147.72K |
| Stockholders Equity | 5.86M | 5.70M | 10.37M | 7.05M | 6.19M | 5.88M |
Cash Flow | ||||||
| Free Cash Flow | -641.94K | -764.58K | -417.25K | -1.30M | -1.08M | -416.98K |
| Operating Cash Flow | -641.94K | -764.58K | -413.84K | -399.85K | -341.42K | -377.68K |
| Investing Cash Flow | -865.75K | -692.76K | -492.70K | 668.02K | -115.11K | -292.32K |
| Financing Cash Flow | 1.05M | 0.00 | 2.06M | 0.00 | 171.00K | 1.16M |
Condor Resources Technical Analysis
Negative
0.18
Price Trends
0.15
Negative
0.17
Negative
0.15
Negative
Market Momentum
>-0.01
Positive
41.96
Neutral
2.22
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CN, the sentiment is Negative. The current price of 0.18 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.15, and above the 200-day MA of 0.15, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.96 is Neutral, neither overbought nor oversold. The STOCH value of 2.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CN.
Condor Resources 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% | |
53 Neutral | C$47.42M | -5.51 | -53.48% | ― | ― | ― | |
52 Neutral | C$29.75M | -16.04 | -162.44% | ― | ― | 44.12% | |
46 Neutral | C$25.79M | -0.85 | 108.42% | ― | ― | -6.12% | |
46 Neutral | C$30.31M | -8.13 | -2228.93% | ― | ― | -69.10% | |
44 Neutral | C$43.86M | -1,187.78 | -1239.88% | ― | ― | 1.38% | |
42 Neutral | C$21.80M | -13.90 | -57.87% | ― | ― | -581.25% |
* Basic Materials Sector Average
TSE:CN
Condor Resources
0.15
0.02
20.83%
TSE:ARU
Aurania Resources
0.20
-0.09
-30.36%
TSE:MRZ
Mirasol Resources
0.50
0.14
37.50%
TSE:TSLV
Tier One Silver
0.12
0.04
43.75%
TSE:SBMI
Silver Bullet Mines Corp
0.23
0.04
21.62%
TSE:CAM
Cascadia Minerals Ltd
0.27
0.18
184.21%
Condor Resources Corporate Events
Business Operations and Strategy
Condor Resources Secures Final Permit as Teck Prepares 3,500m Drill Program at Cobreorco
Positive
Mar 10, 2026
Condor Resources has secured final permitting to begin exploration drilling at its Cobreorco copper-gold project in Peru, where partner Teck Perú plans a 3,500-metre diamond drill program targeting skarn and porphyry mineralization defined by...
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.