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Decade Resources Ltd (TSE:DEC)
:DEC
Canadian Market

Decade Resources (DEC) AI Stock Analysis

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Decade Resources

(DEC)

41Neutral
Decade Resources holds promise due to recent strategic acquisitions and high-grade mineral discoveries, positioning the company for potential growth. However, severe financial challenges like consistent losses and negative cash flows, combined with a bearish technical outlook and poor valuation metrics, weigh heavily on the stock's current attractiveness.

Decade Resources (DEC) vs. S&P 500 (SPY)

Decade Resources Business Overview & Revenue Model

Company DescriptionDecade Resources (DEC) is a Canadian-based mineral exploration company primarily focused on identifying, acquiring, and exploring mineral properties in British Columbia and the Yukon. The company is dedicated to the discovery and development of precious and base metals, with a particular emphasis on gold, silver, and copper. Through strategic exploration projects, Decade Resources aims to create value by advancing its properties towards potential production.
How the Company Makes MoneyDecade Resources makes money by engaging in the exploration and development of mineral properties. The company's revenue model primarily involves discovering valuable mineral deposits and either developing these properties into productive mines or selling them to larger mining companies. Key revenue streams include potential joint ventures or partnerships with other mining companies, sales of mineral properties, and exploration funding from investors. The company's earnings are significantly influenced by the market demand and prices for the minerals they explore, as well as the success of their exploration activities in discovering economically viable mineral deposits.

Decade Resources Financial Statement Overview

Summary
Decade Resources faces financial challenges with consistent losses and negative cash flows. Despite having no debt, the lack of revenue generation and ongoing cash burn are critical issues that need addressing.
Income Statement
20
Very Negative
Decade Resources shows a consistent trend of negative net income and EBIT, with no revenue generation over the past years. The company is heavily loss-making, which is a significant weakness. The lack of revenue growth is concerning, and gross profit margins are negative, indicating a challenging operational environment.
Balance Sheet
50
Neutral
The company maintains a strong equity base with no debt, which is a positive indicator of financial stability. However, the equity ratio shows a high reliance on equity financing, which may limit leverage benefits. The consistent negative net income impacts the return on equity unfavorably.
Cash Flow
30
Negative
Cash flows are negative, with operating cash flow and free cash flow both consistently negative, signaling ongoing cash burn. Although there is some financing cash flow, it's not enough to offset the negative free cash flow trend, indicating sustainability concerns.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-632.00-704.00-884.00-1.11K-1.40K-2.41K
EBIT
-688.60K-900.33K-649.00K-415.12K-808.10K-584.36K
EBITDA
-1.37M-900.33K-1.28M-414.01K-1.16M-1.42M
Net Income Common Stockholders
-1.64M-2.01M-1.11M-480.00K-1.42M-1.10M
Balance SheetCash, Cash Equivalents and Short-Term Investments
61.72K795.91K245.89K0.00275.01K147.83K
Total Assets
18.36M17.29M14.57M14.21M12.89M10.99M
Total Debt
0.000.000.002.53K0.000.00
Net Debt
-61.72K-795.91K-245.89K2.53K-275.01K-147.83K
Total Liabilities
1.58M1.70M956.62K1.10M988.84K1.14M
Stockholders Equity
16.78M15.59M13.61M13.11M11.90M9.85M
Cash FlowFree Cash Flow
-3.26M-3.38M-1.10M-2.10M-2.63M-809.09K
Operating Cash Flow
-554.82K-904.06K-628.51K-529.15K-695.00K-554.18K
Investing Cash Flow
-2.70M-2.49M-625.67K-1.57M-1.93M406.38K
Financing Cash Flow
1.46M3.94M1.50M1.82M2.76M220.00K

Decade Resources Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.03
Price Trends
50DMA
0.03
Negative
100DMA
0.04
Negative
200DMA
0.04
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
48.02
Neutral
STOCH
83.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DEC, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.02 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DEC.

Decade Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$7.08B3.69-5.71%6.15%-1.38%-53.90%
TSFNC
45
Neutral
C$16.87M3.3310.15%
TSDEC
41
Neutral
C$4.12M-11.77%-55.32%
TSNIM
37
Underperform
C$64.77M-122.83%-348.98%
TSNRM
37
Underperform
C$10.29M-42.96%72.76%
TSBBB
34
Underperform
C$31.99M-67.17%26.55%
TSSKE
33
Underperform
C$1.80B-141.24%-19.29%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:DEC
Decade Resources
0.03
-0.05
-62.50%
TSE:NRM
Noram Lithium Corp
0.12
-0.07
-36.84%
TSE:BBB
Brixton Metals
0.06
-0.06
-50.00%
TSE:SKE
Skeena Resources
16.99
10.56
164.23%
TSE:FNC
Fancamp Exploration
0.07
0.00
0.00%
TSE:NIM
Nicola Mining
0.35
0.09
34.62%

Decade Resources Corporate Events

Business Operations and Strategy
Decade Resources Unveils High-Grade Mineral Discovery in British Columbia
Positive
Apr 3, 2025

Decade Resources Ltd has reported promising assay results from its late 2024 sampling program on the Nobody Knows claim, part of the Copper River project in British Columbia. The discovery of a high-grade gold-silver-base metal zone, located southwest of the actively drilled Nobody Knows #2 copper-silver red bed, suggests substantial mineral occurrences in the area. The company plans to focus its 2025 exploration efforts on this newly identified zone, with the potential for a 10,000-tonne test application if the source is located. The assay results indicate high values of gold, silver, copper, lead, and zinc, potentially impacting the company’s operations and positioning within the mining industry.

M&A TransactionsBusiness Operations and Strategy
Decade Resources Acquires Strategic Property in BC’s Golden Triangle
Positive
Mar 27, 2025

Decade Resources Ltd has entered into an option agreement to acquire the North Mitchell Property in the Golden Triangle of British Columbia, an area surrounded by substantial copper and gold deposits. This strategic acquisition positions Decade Resources to potentially benefit from the proximity to significant mineral resources, enhancing its prospects in the mining industry. The agreement allows Decade to earn a 70% interest in the property through a series of share payments, with the potential for further financial arrangements based on future production. This move could strengthen Decade’s industry positioning and offer promising opportunities for stakeholders.

M&A TransactionsBusiness Operations and Strategy
Decade Resources Acquires Strategic Antimony Claim Amid Rising Demand
Positive
Feb 13, 2025

Decade Resources Ltd. has acquired a 1742-hectare antimony claim in the Golden Triangle area of British Columbia, an area known for its rich mineral deposits. The acquisition comes amid increasing global demand for antimony, a critical mineral used in various industries, due to its applications in defense, energy storage, and electronics. The project area will be evaluated for antimony content, which holds strategic importance following China’s recent export ban to the US, raising supply chain concerns. This strategic move positions Decade Resources to potentially benefit from the rising antimony demand and its applications in renewable energy and military sectors.

Business Operations and Strategy
Decade Resources Ltd Expands Exploration on Nobody Knows Claim
Positive
Feb 6, 2025

Decade Resources Ltd announced plans for an aggressive exploration program on its Nobody Knows claim, which is part of a larger project in British Columbia. The exploration targets copper-silver mineralization and gold-rich sulphide boulders, with recent drill results indicating significant copper and silver content. This initiative aims to enhance the company’s resource base and strengthen its position in the minerals market.

Decade Resources Completes Successful 2024 Exploration with Promising Mineralization Results
Jan 16, 2025

Decade Resources Ltd has completed its 2024 exploration season, comprising a 2639-meter drill program on the Nobody Knows #2 zone, part of a larger project with 59 contiguous mineral claims in British Columbia. The drilling revealed strong mineralization of copper and silver, indicating multiple mineralized horizons and significant deposits, potentially enhancing the company’s operational capabilities and positioning within the mining industry.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.