Churchill Resources Inc (CRI) AI Stock Analysis

• Market Cap: C$45.13M
• Dividend Yield: N/A
• Average Volume (3M): 399.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.98
• Revenue Growth: N/A
• EPS Growth: 72.34%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 300,847,840
• 10 Day Avg. Volume: 543,494
• 30 Day Avg. Volume: 399,467
• PEG Ratio: 0.08
• Price to Book (P/B): 9.16
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.31
• 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: 41 Neutral
• Price Target: C$0.14 ▼(-52.41% Downside)

The score is primarily constrained by weak financial performance (no revenue, continued losses, and persistent cash burn). Technicals are also subdued (negative MACD and trading below key moving averages), while valuation is difficult to support given a negative P/E from ongoing losses and no dividend yield provided.

Positive Factors

Low Leverage

Zero reported debt materially reduces near-term solvency risk and gives management structural flexibility to prioritize strategic uses of capital. Over 2-6 months this lowers default probability and preserves optionality to raise equity or pursue partnerships without immediate debt servicing pressure.

Improving Cash Burn & Losses

A sustained reduction in cash burn and narrower losses versus prior year signals operational tightening and cost discipline. If continued, this durable trend lengthens runway, reduces near-term financing needs and increases probability management can execute a path toward commercialization or break-even.

Larger Equity Base

A meaningful rise in shareholders' equity strengthens the capital buffer against losses and supports continued operations. Over months this improved capital base lowers immediate dilution pressure, enhances credibility with counterparties, and provides funding capacity for development or restructuring initiatives.

Negative Factors

No Revenue

Absent any reported revenue, the business lacks demonstrated product-market fit or commercial traction. This structural deficiency requires ongoing external funding to validate the business model and creates persistent uncertainty about sustainable margins and the timing of any durable profitability.

Sustained Operating Losses

Large, recurring operating and net losses erode capital and indicate the core operations are currently unprofitable. Over a 2-6 month horizon, continued losses increase the need for financing, constrain reinvestment, and risk further weakening of the balance sheet if revenue generation is not established.

Persistent Negative Cash Flow

Consistent negative operating and free cash flow forces reliance on external capital and heightens dilution or financing risk. Structurally, ongoing cash outflows limit the company's ability to fund R&D, commercial rollout, or cushion operational shocks without material fundraising or strategic asset sales.

Churchill Resources Inc Business Overview & Revenue Model

Company Description

Churchill Resources Inc. operates in the mining industry in Canada. It explores for nickel, copper, and cobalt deposits. The company focuses on the exploration and development of the Taylor Brook project in Newfoundland; Florence Lake in Labrador, Pelly Bay project in Nunavut; and White River project in Ontario. It also focuses on the exploration and development of the Florence Lake project consisting of two blocks, including northern Florence Lake block covering an area of approximately 5,025 hectares, and southern Seahorse Lake block covering an area of approximately 4,300 hectares, and license containing 172 claims located in Labrador. The company was incorporated in 2017 and is headquartered in Toronto, Ontario.

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

Financial quality is weak: the company reports no revenue, sustained operating/net losses (TTM EBIT about -$5.0M; TTM net loss about -$4.3M), and ongoing cash burn (TTM operating and free cash flow about -$2.8M). The main offset is low balance-sheet leverage (total debt at $0) and some improvement versus FY2024 in losses and cash burn, but profitability and self-funding capacity remain the key risks.

Income Statement

The company reports no revenue across the annual periods and TTM (Trailing-Twelve-Months), while operating losses remain sizeable (TTM EBIT of about -$5.0M and net loss of about -$4.3M). Losses did improve versus FY2024 (net loss improved from roughly -$5.9M to -$2.5M in FY2025), but the overall earnings profile is still weak and lacks a clear path to profitability without a revenue base.

Balance Sheet

Leverage appears low with total debt at $0 in FY2025 and TTM (Trailing-Twelve-Months), which reduces near-term balance-sheet risk. However, recurring losses are pressuring shareholder returns (TTM return on equity around -1.57), and while equity increased sharply to about $5.9M in TTM from ~$1.6M in FY2025, the business still carries a loss-making profile that can erode capital over time if spending continues.

Cash Flow

Cash generation is weak, with negative operating cash flow and negative free cash flow in every period provided (TTM operating cash flow about -$2.8M; TTM free cash flow about -$2.8M). Cash burn improved versus FY2024 (free cash flow improved from roughly -$5.1M to about -$2.8M), but the company is still funding operations with outflows rather than internally generated cash.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	-16.06K	-15.92K
EBITDA	-2.51M	-5.82M	-3.52M	-4.86M	-3.90M
Net Income	-2.51M	-5.93M	-3.07M	-4.88M	-3.92M
Balance Sheet
Total Assets	3.37M	3.85M	2.84M	3.66M	3.82M
Cash, Cash Equivalents and Short-Term Investments	646.08K	976.86K	50.83K	2.16M	2.72M
Total Debt	0.00	1.13M	0.00	13.67K	29.75K
Total Liabilities	1.74M	1.57M	695.76K	836.48K	949.49K
Stockholders Equity	1.64M	2.28M	2.15M	2.82M	2.88M
Cash Flow
Free Cash Flow	-2.83M	-5.07M	-3.82M	-5.16M	-1.36M
Operating Cash Flow	-2.83M	-5.04M	-3.68M	-5.05M	-1.23M
Investing Cash Flow	-42.10K	-32.95K	-143.60K	-111.09K	234.54K
Financing Cash Flow	2.54M	6.00M	1.71M	4.61M	3.72M

Churchill Resources Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.29
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CRI, the sentiment is Negative. The current price of 0.29 is above the 20-day moving average (MA) of 0.21, above the 50-day MA of 0.25, and above the 200-day MA of 0.13, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 36.96 is Neutral, neither overbought nor oversold. The STOCH value of 8.31 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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 *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
LIS	52 Neutral	C$57.28M	-11.86	-32.98%	―	―	31.55%
NMI	51 Neutral	C$58.82M	-60.23	-3.86%	―	―	―
JUGR	50 Neutral	C$52.17M	-11.88	-7.37%	―	―	93.24%
FMS	47 Neutral	C$46.01M	-13.80	-16.33%	―	―	-64.76%
CRI	41 Neutral	C$45.13M	-8.88	-127.83%	―	―	72.34%

Churchill Resources Inc Corporate Events

Churchill Resources Uncovers High-Grade Antimony and New Gold-Silver System at Black Raven

Churchill Resources has reported maiden intersections of high-grade antimony, along with gold and silver, over 800 metres of structural continuity around the historic Frost Cove Antimony Mine at its Black Raven Project in central Newfoundland, confirming a high-tenor, shear-hosted antimony zone that remains open along strike and at depth. The company also announced the discovery of a potentially extensive polymetallic gold-silver-lead-zinc system at Pomley Cove Pond, where trenching and initial drilling have intersected multiple high-grade veins in felsic volcanic rocks, supporting Churchill’s model that Black Raven may host a large, intrusive-related mineralized system with significant implications for the project’s scale and strategic metal potential as remaining drill results are released.

The most recent analyst rating on (TSE:CRI) stock is a Hold with a C$0.28 price target. To see the full list of analyst forecasts on Churchill Resources Inc stock, see the TSE:CRI Stock Forecast page.

Churchill Resources Advances Exploration at Black Raven Property

Churchill Resources Inc. has made significant progress in its fall evaluation program at the Black Raven Property, targeting antimony, gold, and silver. The program includes extensive drilling, soil sampling, and trenching, with promising results leading to the discovery of new polymetallic veins and the extension of known mineralization. Encouraged by these findings, Churchill plans to extend its drilling program beyond 5,000 meters and continue operations into December, with further activities resuming in February. The results could enhance Churchill’s positioning in the mining industry and potentially impact stakeholders by increasing the property’s value and resource estimates.

Churchill Resources Gains $3.75 Million from Warrant Exercise

Churchill Resources Inc. announced the exercise of 25,000,000 common share purchase warrants, resulting in proceeds of $3.75 million. This financial boost strengthens the company’s treasury and enhances its operational capacity. Notably, director Malik Easah acquired 10,000,000 common shares, increasing his stake in the company, which may influence future market activities and stakeholder interests.