Decade Resources (DEC) AI Stock Analysis

• Market Cap: C$26.16M
• Dividend Yield: N/A
• Average Volume (3M): 949.04K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.79
• 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: 237,818,590
• 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: 49 Neutral
• Price Target: C$0.10 ▲(137.50% Upside)
• Action: Reiterated Date: 01/30/26
• Date: Action: Reiterated 01/30/26

The score is held back primarily by weak financial performance (no revenue, recurring and expanding losses, and ongoing cash burn despite a low-debt balance sheet). Technicals are supportive due to strong trend and positive MACD, but overbought momentum signals raise near-term risk. Valuation is constrained by negative earnings and no dividend data.

Positive Factors

Low leverage / equity cushion

Zero reported debt combined with a meaningful equity base materially reduces near-term solvency risk for an exploration issuer. A low-leverage position preserves financial flexibility to pursue staged drilling, negotiate joint ventures or asset transactions, and withstand exploration cycles without immediate liquidity distress.

Clear exploration business model

A concentrated early-stage exploration model targeting BC mineral properties creates structural optionality: advancing projects to transaction-ready stages can enable monetization via asset sales or joint ventures. This business model aligns capital deployment with discovery milestones and partner-driven development pathways.

Improving free cash flow trend

Reduction in negative free cash flow versus the prior year indicates management is moderating cash burn. If sustained, this trend extends operational runway, reduces immediate funding pressure, and supports executing targeted exploration programs without urgent dilutive financing over the next several months.

Negative Factors

No revenue and widening losses

The absence of operating revenue and materially expanding net losses are structural weaknesses: ongoing negative earnings erode equity, increase dependency on external capital and limit reinvestment. Over a multi-month horizon this undermines financial resilience and raises dilution risk for shareholders.

Persistent negative cash generation

Continued negative operating and free cash flow creates durable funding dependence for an exploration company that requires capital for drilling. Persistent cash consumption increases the likelihood of equity raises or partner dilution, potentially slowing programs if financing is delayed or costly.

Equity erosion & very negative ROE

Rapid equity erosion and deeply negative ROE signal that losses are depleting the balance sheet buffer. This diminishes creditworthiness, reduces bargaining power with potential JV partners, and increases the probability of capital raises at unfavorable terms, constraining strategic optionality over time.

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

Very weak operating profile with zero revenue and widening net losses (TTM net income about -8.8M vs FY2024 about -2.0M). Cash generation remains negative (TTM operating cash flow about -0.7M; free cash flow about -1.5M), implying ongoing funding dependence. The main offset is a low-leverage balance sheet with no debt and remaining equity cushion (TTM equity ~10.7M vs assets ~11.3M), though equity is being eroded by losses.

Income Statement

TTM (Trailing-Twelve-Months) results show no revenue and persistent losses, with net income at about -8.8M and deeply negative operating earnings. Losses have also expanded versus the prior annual period (net loss ~-8.3M in FY2025 vs ~-2.0M in FY2024), indicating deteriorating profitability and limited operating scale. The main positive is that the company carries no reliance on revenue to sustain reported results—however, the lack of revenue and repeated losses materially weaken the income statement profile.

Balance Sheet

The balance sheet is supported by a meaningful equity base (TTM equity ~10.7M vs assets ~11.3M) and very low leverage, with total debt at 0 in the most recent periods. This reduces near-term solvency risk. The key weakness is value erosion from ongoing losses, reflected in very negative returns on equity (TTM roughly -73%), and equity trending down from FY2024 to FY2025, signaling continued capital consumption.

Cash Flow

Cash generation is weak, with negative operating cash flow in TTM (about -0.7M) and negative free cash flow (about -1.5M), indicating the business is consuming cash rather than funding itself. Free cash flow improved versus FY2025 (less negative than ~-3.1M), but the TTM period still shows a sharp decline in free cash flow growth and continued cash burn, which increases funding dependence over time.

Breakdown	TTM	Jul 2025	Jul 2024	Jul 2023	Jul 2022	Jul 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-504.00	-560.00	-704.00	-884.00	-1.11K	-1.40K
EBITDA	-9.77M	-481.65K	-900.33K	-1.28M	-414.01K	-1.16M
Net Income	-8.77M	-8.29M	-2.01M	-1.11M	-480.00K	-1.42M
Balance Sheet
Total Assets	11.26M	10.18M	17.29M	14.57M	14.21M	12.89M
Cash, Cash Equivalents and Short-Term Investments	491.53K	55.56K	795.91K	245.89K	0.00	275.01K
Total Debt	0.00	0.00	0.00	0.00	2.53K	0.00
Total Liabilities	569.83K	471.01K	1.70M	956.62K	1.10M	988.84K
Stockholders Equity	10.69M	9.71M	15.59M	13.61M	13.11M	11.90M
Cash Flow
Free Cash Flow	-1.54M	-3.10M	-3.38M	-1.10M	-2.10M	-2.63M
Operating Cash Flow	-721.80K	-610.43K	-904.06K	-628.51K	-529.15K	-695.00K
Investing Cash Flow	-1.26M	-2.49M	-2.49M	-625.67K	-1.57M	-1.93M
Financing Cash Flow	2.34M	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: Positive
• RSI: Neutral
• 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 0.11, below the 50-day MA of 0.08, and below the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 54.69 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 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	50 Neutral	C$10.63M	134.78	-21.60%	―	―	-421.05%
SKP	50 Neutral	C$13.41M	-4.15	-462.59%	―	―	70.98%
DEC	49 Neutral	C$26.16M	-1.89	-65.86%	―	―	-136.86%
FRI	49 Neutral	C$34.18M	-10.00	-96.31%	―	―	47.85%
MUR	47 Neutral	C$7.06M	-4.24	-121.94%	―	―	55.15%

Decade Resources Corporate Events

Decade Resources to Launch 3,000-metre Drill Program at Bonaparte Copper-Gold Project

Decade Resources plans a 3,000-metre, five-hole drill program at its Bonaparte copper-gold property, about 50 kilometres north of Kamloops in British Columbia’s Kamloops Mining Division. The program will test porphyry, bulk-tonnage and high-grade epithermal vein targets once permits are secured and conditions allow.

The Bonaparte project has a history of high-grade gold production from bulk samples and coincident geophysical and geochemical anomalies that suggest both an intact epithermal vein system and a buried porphyry system. By drilling beneath previously mined zones and into strong IP anomalies, Decade aims to significantly advance its understanding of Bonaparte’s scale and potential, which could enhance its exploration portfolio and strategic position in B.C.’s gold-copper sector.

The most recent analyst rating on (TSE:DEC) stock is a Hold with a C$0.09 price target. To see the full list of analyst forecasts on Decade Resources stock, see the TSE:DEC Stock Forecast page.

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.