Canterra Minerals (CTM) AI Stock Analysis

• Market Cap: C$78.00M
• Dividend Yield: N/A
• Average Volume (3M): 566.37K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.54
• Revenue Growth: N/A
• EPS Growth: -3.73%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 362,813,230
• 10 Day Avg. Volume: 515,273
• 30 Day Avg. Volume: 566,365
• PEG Ratio: -0.15
• Price to Book (P/B): 1.05
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.18
• 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: 56 Neutral
• Price Target: C$0.23 ▲(3.18% Upside)

The score is held back primarily by weak financial performance (no revenue, widening losses, and continued cash burn), partially offset by a debt-free balance sheet. Technicals are supportive with price trending above major moving averages and positive MACD, and recent financings plus encouraging exploration updates improve near-term operating momentum, though valuation signals remain constrained by ongoing losses and no dividend.

Positive Factors

Strategic Expansion

Expanding exploration in Newfoundland strengthens Canterra's market position and potential for discovering high-grade minerals, enhancing long-term growth prospects.

Drilling Program Initiation

The new drilling program could lead to resource expansion and new discoveries, bolstering Canterra's asset base and competitive position in the mining sector.

Market Strategy Enhancement

Improving market strategy through consultancy engagement and equity incentives can strengthen investor relations and support long-term corporate growth.

Negative Factors

Lack of Revenue

The absence of revenue generation poses significant challenges to financial health, limiting the company's ability to fund operations and invest in growth.

Negative Cash Flow

Consistently negative cash flow reflects operational challenges and sustainability issues, potentially impacting long-term financial stability.

Consistent Net Losses

Ongoing net losses undermine profitability and could erode equity over time, posing risks to Canterra's financial resilience and growth potential.

Canterra Minerals Business Overview & Revenue Model

Company Description

Canterra Minerals Corporation, a resource company, engages in the acquisition, exploration, and evaluation of mineral properties in the Northwest Territories and Alberta. It holds diamond properties in the Northwest Territories and Alberta, as well as focuses on gold exploration in Newfoundland. The company holds interest in the Wilding gold project covering an area of 23,600 hectares located in central Newfoundland; Buffalo Hills property that comprises 21 mineral leases covering an area of 4,848 hectares located in Alberta, Canada; and the Clipper Brook property that comprises of 5 mineral licenses totaling 122.5 square kilometers located to the northeast strike extent of the Rogerson Lake Structural Corridor. It also holds an option agreement to acquire a 100% interest in the East Alder gold project located in central Newfoundland. The company was formerly known as Diamondex Resources Ltd. and changed its name to Canterra Minerals Corporation in December 2009. Canterra Minerals Corporation was incorporated in 1999 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Canterra Minerals generates revenue primarily through the exploration and development of its mineral properties. The company's revenue model is based on identifying and acquiring promising mineral assets, conducting exploration activities to assess their potential, and then either developing these assets into producing mines or selling them to larger mining companies. Key revenue streams include the sale of exploration properties, joint ventures, and potential future mineral production. Strategic partnerships and joint ventures with other mining and exploration companies play a significant role in funding exploration activities and advancing projects without dilutive equity financing. Canterra Minerals may also earn income through royalties or options on its properties, depending on the agreements made with partners or buyers.

Canterra Minerals Financial Statement Overview

Summary

Canterra Minerals faces significant financial challenges, with no revenue and consistent net losses. While the balance sheet is stable due to high equity and no debt, negative cash flow poses long-term risks.

Income Statement

Canterra Minerals has consistently reported zero revenue over the analyzed periods, which is concerning for financial health. The company is incurring consistent net losses, evidenced by a negative net income each year. This lack of revenue growth or profitability severely impacts the income statement's performance.

Balance Sheet

The company's balance sheet shows a strong equity position relative to its liabilities, with a high equity ratio indicating financial stability. The lack of debt is a positive sign, reducing financial risk. However, the absence of revenue and ongoing losses may eventually erode this equity if not addressed.

Cash Flow

Canterra Minerals has negative free cash flow, indicating more cash is leaving the business than coming in. The operating cash flow is consistently negative, reflecting operational challenges. Although financing activities are positive, they primarily support cash flow deficits, highlighting sustainability issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 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	0.00	0.00	0.00
EBITDA	-5.30M	-3.08M	-34.77K	-3.75M	-4.80M	-203.00K
Net Income	-4.78M	-3.24M	-1.01M	-3.64M	-4.80M	-296.00K
Balance Sheet
Total Assets	18.68M	21.03M	17.86M	5.11M	7.65M	6.11M
Cash, Cash Equivalents and Short-Term Investments	2.26M	5.33M	1.82M	653.75K	3.06M	3.85M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.41M	1.01M	279.04K	897.09K	383.64K	330.48K
Stockholders Equity	17.27M	20.02M	17.58M	4.21M	7.27M	5.78M
Cash Flow
Free Cash Flow	-4.12M	-2.93M	-1.43M	-2.40M	-4.35M	-149.62K
Operating Cash Flow	-4.10M	-2.73M	-1.42M	-2.38M	-4.09M	-10.42K
Investing Cash Flow	463.10K	-149.20K	-9.25K	-25.29K	-257.28K	-139.19K
Financing Cash Flow	4.59M	5.95M	2.59M	―	3.55M	3.99M

Canterra Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.22
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CTM, the sentiment is Positive. The current price of 0.22 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.20, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.52 is Neutral, neither overbought nor oversold. The STOCH value of 58.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CTM.

Canterra Minerals 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%
CTM	56 Neutral	C$78.00M	-15.47	-27.31%	―	―	-3.73%
CGNT	53 Neutral	C$72.53M	-2.55	-369.28%	―	―	34.55%
MMG	48 Neutral	C$78.67M	-16.67	-41.14%	―	―	42.42%
KDK	44 Neutral	C$103.98M	-31.87	-6.90%	―	―	-46.78%
ELR	43 Neutral	C$103.78M	-3.22	-28.77%	―	-19.44%	-2980.00%

Canterra Minerals Corporate Events

Canterra Minerals Raises $5.7 Million in Flow-Through Financing for Newfoundland Exploration

Canterra Minerals has closed a $5.7 million flow-through private placement, issuing critical minerals and national flow-through shares to fund exploration across its projects in central Newfoundland, including the Wilding Gold and Buchans projects. The financing, structured to qualify as flow-through critical mineral and mining expenditures under Canadian tax rules, strengthens the company’s ability to advance its critical minerals and gold exploration near established mining camps, potentially enhancing its resource base and strategic position in a region that is seeing growing interest from larger producers.

Canterra Minerals Upsizes C$5.7 Million Flow-Through Financing for Newfoundland Exploration

Canterra Minerals has upsized its previously announced non-brokered flow-through private placement to raise up to C$5.7 million, offering both Critical Minerals flow-through shares at C$0.25 and National flow-through shares at C$0.23. The gross proceeds will fund qualifying exploration expenditures in Canada through 2026, with the net proceeds directed to advancing the company’s Wilding Gold and Buchans projects in central Newfoundland, and the financing—subject to TSX Venture Exchange approvals and standard closing conditions—reinforces Canterra’s ability to pursue critical mineral and gold exploration in a strategically important mining district.

Canterra Minerals Launches $5 Million Private Placement for Newfoundland Exploration

Canterra Minerals announced a $5.0 million private placement to fund exploration activities in Newfoundland, specifically targeting its Wilding Gold and Buchans Projects. The funds will be raised through the issuance of Critical Minerals and National flow-through shares, with proceeds designated for Canadian exploration expenses. This move is expected to bolster Canterra’s exploration efforts and strengthen its position in the mineral exploration industry, particularly in the promising Newfoundland region.

Canterra Minerals Reports High-Grade Drilling Results at Buchans Project

Canterra Minerals has announced significant drilling results from its Buchans Project in Newfoundland, highlighting a 7.73% copper equivalent over 4.45 meters. These results, which extend the Two Level Zone and the Lundberg stockwork zone, suggest that the Buchans Project has the potential to host a larger and higher-grade mineral system than previously defined. The findings reinforce Canterra’s strategy to enhance value through continued exploration and resource expansion, positioning the Buchans Project as one of Canada’s most promising VMS districts.

Canterra Minerals Begins Drilling at Wilding Gold Project

Canterra Minerals has commenced drilling on its Wilding Gold Project in Newfoundland, targeting new high-grade gold zones identified through recent geological studies and data from the adjacent Valentine Mine. The drilling program, which involves 1,200 meters of core drilling across 15 holes, aims to explore extensional quartz-gold-tourmaline-pyrite vein packages along known shear zones. This initiative is part of Canterra’s strategy to unlock new high-grade discoveries in one of Atlantic Canada’s most promising gold corridors, potentially enhancing its position in the strengthening gold market.

Canterra Minerals Secures $2 Million for Gold Exploration in Newfoundland

Canterra Minerals has successfully closed a $2.0 million private placement led by strategic investors, including Michael Gentile, to fund its gold exploration activities in Newfoundland. The funds will be used to advance the Wilding Gold project, which is adjacent to Equinox Gold’s Valentine Mine, and to support general working capital. This financing allows Canterra to mobilize a drill rig immediately, enhancing its exploration momentum with three rigs operating across two flagship projects in the Central Newfoundland Mining District.

Canterra Minerals Secures $2 Million for Newfoundland Gold Exploration

Canterra Minerals announced a $2 million private placement led by strategic investor Michael Gentile to fund gold exploration in Newfoundland. The funds will support the company’s Wilding gold project, which has shown promising high-grade gold results. The private placement involves issuing 16.6 million units, with each unit comprising one common share and one-half of a common share purchase warrant. The initiative aims to enhance Canterra’s exploration efforts and strengthen its position in the gold mining sector.