Canterra Minerals (CTM) AI Stock Analysis

• Market Cap: C$73.65M
• Dividend Yield: N/A
• Average Volume (3M): 566.37K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.22
• 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: 387,643,680
• 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$0.19 ▼(-13.18% Downside)

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

Debt-free balance sheet

Zero reported debt materially lowers financial risk for an early-stage explorer. Without interest obligations the company can allocate capital to exploration and preserve optionality for farm-outs or JV deals, reducing insolvency risk and supporting project advancement over the medium term.

Recent financings and drilling

Securing flow-through financing and private placements plus positive drill results extends the exploration runway and validates targets. Structurally, committed capital and proven high-grade intersections increase the probability of advancing projects to partnerable stages or resource definition over the coming months.

Strategic asset focus

Concentrating on critical and precious/base metals in a well-established Canadian jurisdiction aligns with persistent demand for critical minerals and lowers permitting/geopolitical risk versus frontier regions. This positioning supports JV interest and long-term value capture if discoveries are made.

Negative Factors

No revenue; widening losses

The company remains pre-revenue with growing operating losses, which is structurally typical for explorers but means persistent reliance on external capital. Continued negative EBIT increases dilution risk and compresses the time window to convert exploration upside into a fundable, value-creating asset.

Negative operating cash flow

Consistent negative operating and free cash flow indicates the business cannot self-fund exploration. Over a multi-month horizon this necessitates recurrent financings or deals, which can dilute existing shareholders and create execution risk if market access tightens or financing terms worsen.

Eroding equity and negative ROE

Declining equity and materially negative ROE show capital is being consumed rather than compounded. This structural erosion reduces the cushion available to fund exploration, increases likelihood of further capital raises, and signals that current programs have yet to create accretive value for shareholders.

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

Pre-revenue explorer with widening losses (EBIT to about -$5.3M TTM) and worsening operating/free cash flow (about -$4.1M TTM), indicating ongoing funding needs. Offsetting this is a conservative balance sheet with $0 debt and meaningful equity, though equity is declining and ROE is strongly negative.

Income Statement

The company reports no revenue across the annual periods and TTM (Trailing-Twelve-Months), consistent with an early-stage exploration profile. Losses have widened versus 2023, with EBIT declining from about -$1.0M (2023) to -$3.1M (2024) and -$5.3M in TTM (Trailing-Twelve-Months), and net income also deteriorating to about -$4.8M in TTM. Strength: the loss profile can be typical for pre-revenue miners; weakness: the trajectory is negative with higher spending and no top-line offset.

Balance Sheet

Balance sheet leverage appears conservative with total debt at $0 and a 0.0 debt-to-equity ratio across periods, which reduces financial risk. Equity remains sizable (about $17.3M in TTM vs. $20.0M in 2024), though it has declined from 2024 to TTM, reflecting ongoing losses. Returns on equity are consistently negative (about -25.6% in TTM), highlighting that capital is being consumed rather than compounded.

Cash Flow

Cash generation is weak, with operating cash flow negative every year and worsening to about -$4.1M in TTM (Trailing-Twelve-Months) from -$2.7M in 2024. Free cash flow is also negative (about -$4.1M TTM), indicating continued cash burn to fund operations and investment. A modest positive in the data: free cash flow is roughly in line with net losses (free cash flow to net income near 1.0 in recent periods), but the overall trend still points to ongoing funding needs.

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	-2.00	3.55M	3.99M

Canterra Minerals Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.22
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 Neutral. 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 0.13, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.80 is Neutral, neither overbought nor oversold. The STOCH value of 26.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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$73.65M	-11.87	-27.31%	―	―	-3.73%
KDK	53 Neutral	C$106.00M	-64.10	-6.90%	―	―	-46.78%
CGNT	53 Neutral	C$169.60M	-4.12	-369.28%	―	―	34.55%
ELR	48 Neutral	C$105.82M	-2.90	-28.77%	―	-19.44%	-2980.00%
MMG	48 Neutral	C$85.11M	-16.22	-41.14%	―	―	42.42%

Canterra Minerals Corporate Events

Canterra Minerals Adds Veteran Mining Executive Matt Manson to Board, Bolsters Incentives and IR Efforts

Canterra Minerals has appointed veteran mining executive and geologist Matt Manson to its board of directors, replacing retiring director Michael Power, in a move aimed at strengthening its technical and capital markets capabilities as it advances gold and critical minerals projects in Newfoundland adjacent to the Valentine Gold Mine. The company also implemented its annual equity incentive program, granting stock options, deferred share units, and restricted share units to directors, officers, employees, and consultants, and signed a 12‑month investor relations agreement with Peterson Capital to enhance investor outreach, marketing, and financing strategies, underscoring a broader effort to raise its capital markets profile and support future project development.

The most recent analyst rating on (TSE:CTM) stock is a Hold with a C$0.18 price target. To see the full list of analyst forecasts on Canterra Minerals stock, see the TSE:CTM Stock Forecast page.

Canterra Minerals Hits High-Grade Gold and Expands Mineralized Footprint at Wilding Project

Canterra Minerals reported high-grade gold intercepts from its fall 2025 diamond drilling campaign at the Wilding Gold Project in central Newfoundland, highlighted by a 31.5-metre interval grading 10.89 g/t gold at the Elm Zone and additional shallow high-grade hits at the Alder Zone. The program, which tested new geometries and targets across 18 drill holes, indicates a 300-metre by 100-metre mineralized corridor at Elm and confirms continuity of quartz-sulphide veining, while expanded alteration footprints at Elm and Alder and anomalous results at the new Aspen target suggest a larger, more continuous hydrothermal system and materially increase the project’s prospective scale and resource potential, reinforcing Wilding’s strategic positioning next to a major producing gold mine.

The most recent analyst rating on (TSE:CTM) stock is a Hold with a C$0.20 price target. To see the full list of analyst forecasts on Canterra Minerals stock, see the TSE:CTM Stock Forecast page.

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.