Churchill Resources Inc (CRI) AI Stock Analysis

• Market Cap: C$3.26M
• Dividend Yield: N/A
• Average Volume (3M): 390.64K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.73
• Revenue Growth: N/A
• EPS Growth: 24.77%
• Country: CA
• Employees: N/A
• Sector: Industrials
• Sector Strength: 66
• Industry: Industrial Materials
• EPS (TTM): -0.03
• Shares Outstanding: 217,547,840
• 10 Day Avg. Volume: 918,620
• 30 Day Avg. Volume: 390,638
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -1.00
• 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

Churchill Resources faces major financial challenges with no revenue and ongoing losses, leading to a low financial performance score. Technical indicators reflect a downtrend, further lowering the score. Valuation metrics are poor due to negative earnings, but recent corporate events suggest potential future growth if exploration is successful. Overall, the stock is speculative with high risk.

Churchill Resources Inc Business Overview & Revenue Model

Company Description

Churchill Resources Inc (CRI) is a mineral exploration company focused on the discovery and development of high-value mineral deposits, primarily targeting nickel, copper, and other strategic metals. The company is involved in the exploration sector, conducting activities such as geological surveys, drilling, and resource estimates to identify potential mining sites. Churchill Resources leverages its expertise in the mining industry to unlock the value of its mineral properties, aiming to meet the growing demand for essential metals in various industrial applications.

How the Company Makes Money

Churchill Resources Inc generates revenue through the exploration and development of mineral resources. The company makes money by identifying and acquiring promising mineral properties and then conducting exploration activities to evaluate the potential of these sites. Once significant mineral deposits are confirmed, the company can either develop the mining operations itself or sell or lease the rights to other mining companies. Additionally, Churchill Resources may enter into joint ventures or partnerships with other companies to share the costs and benefits of exploration and development projects. Revenue can also be generated through strategic alliances and licensing agreements with industry players interested in accessing the company's mineral resources.

Churchill Resources Inc Financial Statement Overview

Summary

Churchill Resources Inc. faces significant financial strain typical for early-stage mining companies, with no revenue and high expenses leading to continuous losses. The balance sheet shows moderate leverage, but persistent negative cash flows highlight the urgent need for external funding to sustain operations.

Income Statement

Churchill Resources Inc. has consistently reported no revenue, which is typical for early-stage mining companies. However, the company is facing significant net losses, with a negative net income margin in the TTM (Trailing-Twelve-Months) period. This highlights a challenging profitability scenario, as costs continue to exceed any income generated.

Balance Sheet

The company's balance sheet shows a moderate debt level with a debt-to-equity ratio of 0.60 in the TTM period, indicating some reliance on debt financing. Stockholders' equity has declined over time, reflecting the accumulated losses. The equity ratio of 41.42% indicates that a substantial portion of assets is financed by equity, providing some stability but also pointing to financial strain.

Cash Flow

Operating cash flow is negative, which is concerning for future sustainability. The free cash flow is also negative, further emphasizing the company's need for external financing. The heavy reliance on financing activities, as reflected in positive financing cash flows, demonstrates a dependency on raising capital to fund operations.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Dec 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	-16.06K	-15.92K	0.00
	EBIT
-3.70M	-5.82M	-3.52M	-4.73M	-1.16M	-67.72K
	EBITDA
-5.45M	-5.82M	-3.07M	-4.86M	-1.14M	-67.72K
	Net Income Common Stockholders
-5.45M	-5.93M	-3.07M	-4.88M	-3.92M	-67.72K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.44M	976.86K	50.83K	2.16M	2.72M	521.61K
	Total Assets
4.53M	3.85M	2.84M	3.66M	3.82M	522.36K
	Total Debt
1.13M	1.13M	0.00	13.67K	29.75K	77.65K
	Net Debt
-309.78K	155.64K	-50.83K	-2.15M	-2.69M	-443.96K
	Total Liabilities
2.65M	1.57M	695.76K	836.48K	949.49K	32.16K
	Stockholders Equity
1.88M	2.28M	2.15M	2.82M	2.88M	490.20K
Cash Flow		Free Cash Flow
-4.89M	-5.07M	-3.82M	-5.16M	-1.36M	―
	Operating Cash Flow
-4.85M	-5.04M	-3.68M	-5.05M	-1.23M	―
	Investing Cash Flow
-47.95K	-32.95K	-143.60K	-111.09K	234.54K	―
	Financing Cash Flow
5.27M	6.00M	1.71M	4.61M	3.72M	―

Churchill Resources Inc Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.02
• 50DMA: Negative
• 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:CRI, the sentiment is Neutral. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.71 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:CRI.

Churchill Resources Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$4.14B	11.23	5.47%	215.40%	4.10%	-8.63%
CNC	53 Neutral	$186.76M	―	-0.58%	―	―	91.44%
FPX	42 Neutral	C$78.74M	―	-4.25%	―	―	48.82%
CRI	40 Underperform	C$3.26M	―	-211.23%	―	―	24.77%
GIGA	40 Underperform	C$10.56M	―	-8.54%	―	―	27.51%
WLF	39 Underperform	C$11.54M	―	-514.57%	―	―	50.80%
PTM	33 Underperform	$167.05M	―	-18.53%	―	―	13.77%

Churchill Resources Inc Corporate Events

Churchill Resources Acquires Black Raven Antimony-Gold Property Amidst Rising Antimony Prices

Churchill Resources Inc. has entered into a binding letter of intent to acquire the Black Raven Antimony Property in Newfoundland and Labrador, which includes two past-producing mines. This acquisition comes at a time when antimony prices have surged due to China’s export ban, positioning Churchill to capitalize on the high demand for this critical mineral. The company plans to conduct extensive exploration and sampling to assess the property’s potential, aiming to enhance its portfolio and strengthen its position in the critical minerals market.

Spark’s Take on TSE:CRI Stock

According to Spark, TipRanks’ AI Analyst, TSE:CRI is a Underperform.

Churchill Resources Inc. faces major financial challenges with no revenue and ongoing losses, leading to a low financial performance score. Technical indicators reflect a downtrend, further lowering the score. Valuation metrics are poor due to negative earnings, but recent corporate events suggest potential future growth if exploration is successful. Overall, the stock is speculative with high risk.

To see Spark’s full report on TSE:CRI stock, click here.

Churchill Resources Corrects Titanium Values in Taylor Brook Project Report

Churchill Resources Inc. announced a correction to the titanium values in a results table from its March 4th news release regarding the Taylor Brook Nickel Project. The corrected values pertain to six samples, and the company has apologized for the error. The Taylor Brook project is part of Churchill’s focus on high-grade nickel sulphides, and the correction ensures accurate reporting of mineralization data, which is crucial for stakeholders and investors.

Churchill Resources Unveils Promising VTM Discoveries at Taylor Brook Project

Churchill Resources Inc. has announced promising results from its Taylor Brook nickel project in Newfoundland & Labrador, where recent drilling and prospecting have revealed significant vanadium-titanium-magnetite (VTM) mineralization. This discovery suggests the presence of a layered intrusion with critical minerals potential, complementing the existing high-grade magmatic nickel-copper-cobalt mineralization at the site. The company plans further exploration, including systematic trenching and drilling, to assess the economic potential of these findings, which could have significant implications for the strategic metals market, particularly in North America where vanadium production is currently absent.

Churchill Resources Confirms Nickel-Cobalt Potential at Florence Lake

Churchill Resources Inc. has released an update on its 2024 fieldwork at the Florence Lake nickel project in Labrador, confirming the nickel-cobalt potential of the Seahorse Lake Intrusive. The company’s sampling revealed a 7.5 km strike length with nickel grades of 0.2-0.32% and cobalt values reaching up to 756ppm, indicating a promising site for further exploration. Additionally, the Baikie Belt area has been prioritized for further detailed work due to its high-grade targets, enhancing the project’s overall appeal. The strategic location near infrastructure and potential hydro-electric power sources further supports the project’s economic prospects.

Churchill Resources Confirms Nickel-Cobalt Potential at Florence Lake

Churchill Resources Inc. has released an update on its 2024 fieldwork at the Florence Lake nickel project in Labrador, confirming the nickel-cobalt potential of the Seahorse Lake Intrusive. The company’s sampling revealed a 7.5 km strike length with nickel grades of 0.2-0.32% and cobalt values reaching up to 756ppm, indicating a promising site for further exploration. Additionally, the Baikie Belt area has been prioritized for further detailed work due to its high-grade targets, enhancing the project’s overall appeal. The strategic location near infrastructure and potential hydro-electric power sources further supports the project’s economic prospects.