Decade Resources (DEC) AI Stock Analysis

• Market Cap: C$18.45M
• Dividend Yield: N/A
• Average Volume (3M): 949.04K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.21
• Revenue Growth: N/A
• EPS Growth: -136.86%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 230,655,730
• 10 Day Avg. Volume: 930,686
• 30 Day Avg. Volume: 949,040
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.37
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.16
• 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: 45 Neutral
• Price Target: C$0.09 ▲(132.50% Upside)

The score is primarily held back by weak financial performance (no revenue, widening losses, and ongoing cash burn despite a debt-free balance sheet). Technicals provide some support with price strength above major moving averages and a positive MACD, but extremely overbought RSI/Stoch materially raise pullback risk. Valuation is also unattractive/unclear given a negative P/E and no dividend support.

Positive Factors

Debt-free balance sheet

A zero-debt capital structure materially reduces near-term solvency and interest-cost risk for an exploration-stage firm. This enduring conservatism preserves flexibility to finance drilling or partnerships without immediate debt servicing burdens, supporting program continuity.

Meaningful equity cushion

A significant equity base relative to assets provides a buffer against exploration write-offs and adverse results, extending the company’s runway. Over months this equity cushion reduces immediate liquidation risk and supports continued project advancement or deal-making options.

Improving free cash flow trend

A reduction in negative free cash flow indicates improving capital efficiency or lower burn-rate versus prior year. If sustained, this structural improvement lowers future funding needs, reduces dilution risk, and increases likelihood that exploration programs can be progressed with existing resources.

Negative Factors

No revenue and widening losses

Absence of operating revenue combined with rapidly widening net losses signals structural reliance on external financing. Over a multi-month horizon this erodes resilience, limits reinvestment capacity, and increases the probability of capital raises that can dilute shareholders or alter strategic priorities.

Capital erosion and very negative ROE

Deeply negative ROE and declining equity indicate the company is consuming shareholder capital faster than it can be replenished. This structural capital destruction reduces strategic optionality, pressures future project funding, and raises long-term execution risk absent corrective action.

Weak cash generation and ongoing burn

Persistent negative operating cash flow and free cash flow demonstrate the business consumes cash rather than generates it. Over 2–6 months this heightens dependency on financings or asset sales, increasing execution risk and likelihood of dilution if exploration results don't create funding alternatives.

Decade Resources Business Overview & Revenue Model

Company Description

Decade Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company holds a 65% interest in the Red Cliff property in north of Stewart, British Columbia; a 100% interest in the Goat property that consists of 8 claims totaling 1210.40 hectares located in British Columbia; and an option to earn a 100% interest in the Terrace property covering 48 contiguous mineral claims situated in British Columbia. It also holds an option agreement to acquire up to 75% interest in the Del Norte property comprising 5,830.16 hectares in 13 separate claims located in east British Columbia; and a 100% interest in the Grassy property that contains approximately 830.20 hectares in 2 separate claims situated in north of Stewart, British Columbia. In addition, the company holds interests in the Premier East property, which includes approximately 600 hectares in 7 separate claims located in British Columbia; and an option agreement to acquire up to 75% interest in the Lord Nelson property comprising of 2630 hectares in 6 separate claims situated in British Columbia. The company was incorporated in 2006 and is headquartered in Stewart, Canada.

How the Company Makes Money

Decade Resources generates revenue primarily through the exploration and development of mineral properties, with the aim of discovering commercially viable mineral deposits. The company's key revenue streams include the sale or joint venture of its mineral properties to larger mining companies, which may provide upfront payments, milestone payments, and royalties based on production. Additionally, Decade Resources may raise capital through public or private offerings to finance its exploration activities. Strategic partnerships and joint ventures with other mining companies also contribute to its revenue, leveraging shared resources and expertise to advance exploration projects. The company's earnings are significantly influenced by factors such as commodity prices, geological discoveries, and the successful execution of exploration programs.

Decade Resources Financial Statement Overview

Summary

Income statement and cash flow are very weak (no revenue, persistent and worsening losses, ongoing cash burn and deteriorating free cash flow), partly offset by low leverage but with declining equity reducing balance-sheet cushion.

Income Statement

The company reports no revenue across the full period provided, indicating it remains pre-commercial or inactive on the top line. Losses are persistent and generally widening, culminating in a materially larger net loss in 2025 (annual) versus prior years, which points to weak operating leverage and limited earnings visibility. A modest positive is that losses were smaller in some earlier years, but overall profitability remains structurally challenged with recurring negative operating results.

Balance Sheet

Leverage appears low with essentially no debt in most years, which reduces financial risk and interest burden. However, shareholders’ equity has declined notably from the 2024 level to 2025 (annual), reflecting accumulated losses and weakening balance-sheet cushion. Returns on equity are consistently negative (and sharply worse in 2025), highlighting that capital has not been generating profits.

Cash Flow

Operating cash flow is negative every year, signaling ongoing cash burn to fund operations. Free cash flow is also consistently negative and deteriorated further in 2025 (annual) versus 2024, implying rising funding needs. While the company’s lack of debt can provide flexibility, the persistent cash outflows increase reliance on external financing or asset sales to sustain activities.

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	-560.00	-704.00	-884.00	-1.11K	-1.40K
EBITDA	-481.65K	-900.33K	-1.28M	-414.01K	-1.16M
Net Income	-8.29M	-2.01M	-1.11M	-480.00K	-1.42M
Balance Sheet
Total Assets	10.18M	17.29M	14.57M	14.21M	12.89M
Cash, Cash Equivalents and Short-Term Investments	55.56K	795.91K	245.89K	0.00	275.01K
Total Debt	0.00	0.00	0.00	2.53K	0.00
Total Liabilities	471.01K	1.70M	956.62K	1.10M	988.84K
Stockholders Equity	9.71M	15.59M	13.61M	13.11M	11.90M
Cash Flow
Free Cash Flow	-3.10M	-3.38M	-1.10M	-2.10M	-2.63M
Operating Cash Flow	-610.43K	-904.06K	-628.51K	-529.15K	-695.00K
Investing Cash Flow	-2.49M	-2.49M	-625.67K	-1.57M	-1.93M
Financing Cash Flow	2.33M	3.94M	1.50M	1.82M	2.76M

Decade Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DEC, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 70.93 is Negative, neither overbought nor oversold. The STOCH value of 75.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DEC.

Decade Resources 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%
MQM	52 Neutral	C$11.84M	150.00	-21.60%	―	―	-421.05%
SKP	50 Neutral	C$11.23M	-3.47	-462.59%	―	―	70.98%
MUR	47 Neutral	C$8.41M	-5.05	-121.94%	―	―	55.15%
FRI	46 Neutral	C$14.45M	-6.11	-96.31%	―	―	47.85%
STU	46 Neutral	C$7.66M	-4.91	-13.20%	―	―	-96.27%
DEC	45 Neutral	C$18.45M	-1.38	-65.86%	―	―	-136.86%

Decade Resources Corporate Events

Decade Resources Narrows In on High-Grade Gold-Silver Target at Copper River’s Nobody Knows Zone

Decade Resources has reported results from ongoing exploration on the Nobody Knows portion of its Copper River property near Terrace, B.C., where 2024 sampling discovered high-grade gold-silver-base metal boulders along logging roads and 2025 geochemical work has helped narrow down the potential source area. Detailed petrographic and geochemical studies show the boulders are quartz–muscovite rocks with arsenopyrite, pyrite, sphalerite, lesser chalcopyrite and minor galena, classified as mesothermal and interpreted as an intrusive-related gold system characterized by elevated arsenic, bismuth and cobalt values. Assays from selective grab samples returned very strong grades, including multiple samples grading tens of grams per tonne gold and hundreds of grams per tonne silver, with significant copper, lead, zinc and high bismuth and cobalt, which the company views as highly encouraging evidence of a robust mineralizing system warranting further investigation, though the samples do not yet represent a defined source or resource. The update strengthens the geological case for Copper River’s gold and polymetallic potential and could enhance Decade’s exploration profile if follow-up work successfully pinpoints the bedrock source of the high-grade float.

The most recent analyst rating on (TSE:DEC) stock is a Hold with a C$0.06 price target. To see the full list of analyst forecasts on Decade Resources stock, see the TSE:DEC Stock Forecast page.

Decade Resources Highlights High-Grade Silver Potential at Del Norte Property

Decade Resources is emphasizing the silver potential of its Del Norte property in British Columbia’s Golden Triangle after earning a 55% interest under its option agreement with Teuton Resources. The company reports multiple high-grade silver and gold drill intercepts and surface samples from the Kosciuszko, Argo/LG, Eagle’s Nest and nearby zones, including intervals grading over 1,000 g/t silver and significant gold values, indicating extensive, structurally controlled mineralization along a major volcanic–sedimentary contact similar to the Eskay Creek horizon. These results underscore Del Norte’s potential as a significant silver-gold project and provide a technical basis for further drilling and pad definition in 2026, which could enhance Decade’s exploration portfolio and its strategic presence in the Golden Triangle if continuity and scale of mineralization are confirmed.

The most recent analyst rating on (TSE:DEC) stock is a Hold with a C$0.04 price target. To see the full list of analyst forecasts on Decade Resources stock, see the TSE:DEC Stock Forecast page.

Decade Resources Reports High Gold and Silver Content at North Mitchell Property

Decade Resources Ltd. announced promising results from its 2025 reconnaissance program at the North Mitchell Property in the Golden Triangle, BC, with grab samples revealing high gold and silver content. The findings suggest potential for an epithermal gold-silver system with a porphyry source, prompting plans for expanded exploration in 2026, including saw-cutting, short drilling, and diamond drilling, pending permits.

Decade Resources Secures $1.17 Million in Private Placement to Boost Exploration Efforts

Decade Resources Ltd. has successfully closed its private placement, raising a total of $1,170,000 through the issuance of flow-through and non-flow-through units. The proceeds from the flow-through units, amounting to $970,000, will be used for Canadian exploration expenses and critical mineral mining expenditures on the company’s properties in British Columbia. The non-flow-through units raised $200,000, which will be allocated for general working capital. This financial maneuver is expected to bolster Decade Resources’ exploration activities and strengthen its position in the resource sector.

Decade Resources Reports High-Grade Gold-Copper Findings at Bonaparte Property

Decade Resources Ltd. has announced promising assay results from its Bonaparte copper-gold property in the Kamloops Mining Division, highlighting significant gold and copper values from its sampling program. The results, which include high-grade gold-copper veins, suggest potential for further exploration and development, enhancing the company’s position in the mining sector and offering potential benefits to stakeholders through the discovery of valuable mineral resources.

Decade Resources Acquires Bonaparte Copper-Gold Property in B.C.

Decade Resources Ltd. has acquired the right to earn an 80% interest in the Bonaparte Copper-Gold Property in the Kamloops Mining Division, British Columbia. This acquisition aligns with Decade’s strategy to explore promising copper-gold prospects, particularly those on proven porphyry trends. The company plans to initiate a maiden drill program on the property and has secured necessary permits. Additionally, Decade has issued incentive stock options to its directors and consultants and clarified the use of proceeds from a recent private placement, emphasizing that funds will be used for exploration expenses in British Columbia.