Decade Resources Ltd (TSE:DEC)
:DEC
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Decade Resources
(DEC)
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Rating:43Neutral
Price Target:
C$0.08
▲(92.50% Upside)
Action:ReiteratedDate:03/28/26
The score is primarily held down by weak financial performance—no revenue, widening losses, and ongoing cash burn—despite the benefit of low leverage. Technical signals are also soft with the stock below key short-term averages and negative MACD. Valuation is difficult to support given the negative P/E and lack of dividend yield.
Positive Factors
Low leverage / minimal debt
Decade's near-absence of debt materially lowers refinancing and interest risk, preserving strategic optionality. For an exploration company this reduces short-term solvency pressure, allowing management to prioritize project advancement and equity financing rather than servicing debt, a durable structural benefit.
Negative Factors
No revenue and widening losses
Absence of operating revenue and a materially larger TTM net loss mean the business has no internal cash generation to fund activity. Over several months this necessitates external capital to sustain exploration, heightening financing dependence and raising execution risk for advancing projects without revenue anchors.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / minimal debt
Decade's near-absence of debt materially lowers refinancing and interest risk, preserving strategic optionality. For an exploration company this reduces short-term solvency pressure, allowing management to prioritize project advancement and equity financing rather than servicing debt, a durable structural benefit.
Read all positive factors
Decade Resources (DEC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$19.42M
Dividend YieldN/A
Average Volume (3M)949.04K
Price to Earnings (P/E)10.8
Beta (1Y)2.23
Revenue GrowthN/A
EPS Growth-136.86%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)<0.01
Shares Outstanding242,704,030
10 Day Avg. Volume930,686
30 Day Avg. Volume949,040
Financial Highlights & Ratios
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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% ...
How the Company Makes Money
Decade Resources does not typically generate recurring operating revenue from selling products or services because it is primarily an exploration-stage mineral company. null...
Decade Resources Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
55
Neutral
Cash Flow
18
Very Negative
| 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 | -476.00 | -560.00 | -704.00 | -884.00 | -1.11K | -1.40K |
| EBITDA | -9.84M | -481.65K | -900.33K | -1.28M | -414.01K | -1.16M |
| Net Income | -8.03M | -8.29M | -2.01M | -1.11M | -480.00K | -1.42M |
Balance Sheet | ||||||
| Total Assets | 13.00M | 10.18M | 17.29M | 14.57M | 14.21M | 12.89M |
| Cash, Cash Equivalents and Short-Term Investments | 1.81M | 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 | 411.33K | 471.01K | 1.70M | 956.62K | 1.10M | 988.84K |
| Stockholders Equity | 12.59M | 9.71M | 15.59M | 13.61M | 13.11M | 11.90M |
Cash Flow | ||||||
| Free Cash Flow | -1.10M | -3.10M | -3.38M | -1.10M | -2.10M | -2.63M |
| Operating Cash Flow | -867.17K | -610.43K | -904.06K | -628.51K | -529.15K | -695.00K |
| Investing Cash Flow | -981.14K | -2.49M | -2.49M | -625.67K | -1.57M | -1.93M |
| Financing Cash Flow | 2.64M | 2.33M | 3.94M | 1.50M | 1.82M | 2.76M |
Decade Resources Technical Analysis
Positive
0.04
Price Trends
0.09
Negative
0.07
Positive
0.05
Positive
Market Momentum
>-0.01
Negative
51.50
Neutral
111.11
Negative
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 0.07, below the 50-day MA of 0.09, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.50 is Neutral, neither overbought nor oversold. The STOCH value of 111.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DEC.
Decade Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | C$11.54M | -2.62 | -142.98% | ― | ― | 70.98% | |
49 Neutral | C$22.03M | -3.51 | -96.31% | ― | ― | 47.85% | |
45 Neutral | C$11.32M | 8.38 | 12.20% | ― | ― | -421.05% | |
44 Neutral | C$6.13M | -3.77 | -121.94% | ― | ― | 55.15% | |
43 Neutral | C$19.42M | 10.75 | -65.86% | ― | ― | -136.86% |
* Basic Materials Sector Average
TSE:DEC
Decade Resources
0.08
0.05
185.71%
TSE:MQM
MetalQuest Mining
0.33
0.27
450.00%
TSE:FRI
Freeport Resources
0.06
0.03
93.33%
TSE:MUR
Murchison Minerals
0.30
>-0.01
-1.34%
TSE:SKP
Strikepoint Gold
0.19
0.04
32.14%
Decade Resources Corporate Events
Business Operations and Strategy
Decade Resources Expands Bonaparte Footprint With New Claim, Plans Exploration Surveys
Positive
Apr 7, 2026
Decade Resources has secured a new 1,180-hectare mineral claim at its Bonaparte project in British Columbia, covering the eastern side of a quartz diorite intrusive that hosts chalcopyrite mineralization and lies 4 kilometres east of the existing ...
Business Operations and Strategy
Decade Resources Reports High-Grade Gold-Copper Results at Bonaparte Property
Positive
Feb 23, 2026
Decade Resources has reported new assay results from a 71-sample grab program completed in October 2025 on its Bonaparte copper-gold property, about 50 km north of Kamloops in British Columbia’s Kamloops Mining Division. The sampling of quar...
Business Operations and Strategy
Decade Resources to Launch 3,000-metre Drill Program at Bonaparte Copper-Gold Project
Positive
Feb 10, 2026
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-...
Business Operations and Strategy
Decade Resources Narrows In on High-Grade Gold-Silver Target at Copper River’s Nobody Knows Zone
Positive
Jan 12, 2026
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 geoc...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.