Canter Resources Corp (CRC) AI Stock Analysis

• Market Cap: C$9.39M
• Dividend Yield: N/A
• Average Volume (3M): 15.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.39
• Revenue Growth: N/A
• EPS Growth: 64.95%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): N/A
• Shares Outstanding: 13,419,786
• 10 Day Avg. Volume: 23,398
• 30 Day Avg. Volume: 15,628
• PEG Ratio: -0.07
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.62
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: ―

Canter Resources Corp faces significant financial challenges typical of pre-revenue exploration companies. While the company benefits from recent positive corporate developments and a strong equity position without debt, the lack of revenue and the speculative nature of its valuation heavily weigh on its overall score. Technical indicators suggest a mixed outlook with potential near-term volatility.

Positive Factors

Strong Equity Position

A strong equity position without debt provides financial stability and flexibility, allowing Canter Resources to focus on exploration and development without the immediate pressure of debt repayments.

Leadership Change

The appointment of an experienced Executive Chairman can enhance strategic direction and strengthen partnerships, potentially improving the company's market positioning and operational effectiveness in the critical metals sector.

Regulatory Approval for Expansion

Regulatory approval for expanded drilling supports Canter's exploration efforts, potentially leading to resource discovery and development, which is crucial for long-term growth in the lithium-boron sector.

Negative Factors

Lack of Revenue

The absence of revenue highlights the company's pre-revenue stage, posing a significant risk as it relies on external funding and successful exploration outcomes to achieve financial sustainability.

Negative Cash Flow

Negative cash flow reflects operational challenges in covering expenses, necessitating continuous external financing, which can dilute equity and increase financial risk if not managed effectively.

Speculative Valuation

The speculative valuation underscores the uncertainty in achieving profitable operations, making investment riskier as it hinges on future exploration success and market conditions.

Canter Resources Corp Business Overview & Revenue Model

Company Description

Canter Resources Corp., an exploration stage company, engages in the exploration and evaluation of mineral resources in Canada. The company has an option to acquire a 60% interest in the Puzzle Lake property consists of six mineral claims located in northeastern Saskatchewan, Canada. It also holds interest in the Beaver Creek property located in Montana, the United States; the Columbus Lithium-Boron property located in Nevada, the United States. In addition, the company has an option to acquire 60% interest in the Schotts Lake property located in northwestern Saskatchewan, Canada; and the Railroad Valley Lithium-Boron Project located in Nevada, the United States. Canter Resources Corp. was formerly known as Canter Capital Corp. and changed its name to Canter Resources Corp. in November 2021. The company was incorporated in 2018 and is based in Vancouver, Canada.

How the Company Makes Money

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Canter Resources Corp Financial Statement Overview

Summary

Canter Resources Corp is in a nascent stage typical of exploration companies in the mining sector. The absence of revenue and consistent losses highlight operational challenges. However, a strong equity base without debt provides some financial stability. Continued reliance on external financing and the absence of revenue growth are significant risks.

Income Statement

Canter Resources Corp reported no revenue over the periods analyzed, indicating an early-stage or pre-revenue phase typical in mining exploration. The company has consistently posted negative EBIT and net income, reflecting ongoing operational losses. The absence of revenue growth and negative profit margins are key challenges.

Balance Sheet

The balance sheet shows a strong equity position with zero debt, indicating financial stability. The company has maintained positive stockholders' equity, with a high equity ratio, which is favorable. However, the lack of significant asset growth and reliance on equity financing may pose risks if future revenue does not materialize.

Cash Flow

The company's cash flow demonstrates significant negative free cash flow, indicating high cash burn without corresponding revenue inflows. Operating cash flow remains negative, reflecting the challenges in covering operational expenses. The financing cash flow suggests reliance on external funding to support operations.

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	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-2.35M	-2.22M	79.31K	-165.00K	-29.48K	-6.74K
Net Income	-2.33M	-2.22M	-324.00K	-165.00K	-29.48K	-6.74K
Balance Sheet
Total Assets	17.88M	18.17M	60.34K	391.74K	204.59K	60.30K
Cash, Cash Equivalents and Short-Term Investments	769.31K	1.96M	4.28K	220.30K	204.59K	60.30K
Total Debt	0.00	0.00	0.00	10.00K	10.00K	0.00
Total Liabilities	122.17K	156.64K	38.81K	60.74K	23.98K	1.99K
Stockholders Equity	17.76M	18.01M	21.54K	331.01K	180.62K	58.31K
Cash Flow
Free Cash Flow	-3.36M	-2.55M	-216.03K	-214.29K	-17.50K	-4.75K
Operating Cash Flow	-2.09M	-1.89M	-109.63K	-174.47K	-17.50K	-4.75K
Investing Cash Flow	-1.11M	-665.03K	-106.40K	-99.82K	0.00	0.00
Financing Cash Flow	199.94K	4.54M	0.00	290.00K	161.79K	0.00

Canter Resources Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CRC, the sentiment is Positive. The current price of 0.7 is above the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.32, and above the 200-day MA of 0.39, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 74.39 is Negative, neither overbought nor oversold. The STOCH value of 62.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CRC.

Canter Resources Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
CRC	48 Neutral	C$9.39M	-5.47	-5.67%	―	―	64.95%
ADD	45 Neutral	C$2.39M	-3.13	-10.20%	―	―	5.88%
ADZ	44 Neutral	C$2.88M	-0.78	-46.57%	―	―	-58.05%
DMI	29 Underperform	C$1.69M	―	―	―	―	―

Canter Resources Corp Corporate Events

Canter Resources Gains Strategic Edge with Boron’s Critical Mineral Status

Canter Resources Corp announced that boron has been added to the U.S. Geological Survey’s 2025 List of Critical Minerals, enhancing the strategic potential of its Columbus Lithium-Boron Project in Nevada. This development positions Canter to benefit from increased federal funding and institutional interest, as boron is crucial for high-strength glass, permanent magnets, fertilizers, and EV battery chemistries. The company’s project shows promising signs of high-grade boron and lithium, with potential for higher concentrations at depth, aligning with the U.S. government’s focus on securing domestic supply of critical minerals.

Canter Resources Secures $1.05M to Boost Lithium-Boron Projects

Canter Resources Corp. has successfully closed a non-brokered private placement, raising $1,050,000 through the issuance of 5,250,000 units priced at $0.20 each. The proceeds will be used to advance their lithium-boron projects in Nevada and for general working capital. This strategic move enhances Canter’s financial position, enabling further exploration and potential expansion in the lithium-boron sector, which is crucial for clean energy supply chains.

Canter Resources Closes $1.05M Private Placement to Boost Lithium-Boron Projects

Canter Resources Corp. has successfully closed a non-brokered private placement, raising $1,050,000 through the issuance of 5,250,000 units. The proceeds will be used to advance their key lithium-boron projects in Nevada and explore additional opportunities, reflecting the company’s strategic focus on supporting clean energy supply chains.