Eastfield Resources (ETF) AI Stock Analysis

• Market Cap: C$4.62M
• Dividend Yield: N/A
• Average Volume (3M): 80.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.89
• Revenue Growth: N/A
• EPS Growth: -47.06%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.00
• Shares Outstanding: 61,561,584
• 10 Day Avg. Volume: 133,602
• 30 Day Avg. Volume: 80,474
• PEG Ratio: -0.06
• Price to Book (P/B): 1.40
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.36
• 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: 52 Neutral
• Price Target: C$0.06 ▼(-12.86% Downside)

The score is held back primarily by weak financial performance (no revenue, ongoing losses, and negative free cash flow), only partly offset by a low-leverage balance sheet. Technicals are a key support, showing strong upward momentum versus major moving averages, while valuation is mixed due to a negative P/E and no dividend data.

Positive Factors

Very low leverage / zero reported debt

A balance sheet with minimal leverage and zero reported TTM debt materially reduces bankruptcy and interest-service risk, preserving financial flexibility. This durable strength supports funding exploration or development via equity or project financing without immediate solvency pressure.

Meaningful equity buffer vs assets

A substantial equity base relative to assets provides a tangible capital cushion that absorbs operating losses and supports ongoing activities. Over a multi-month horizon this buffer lowers creditor risk and gives management runway to pursue strategic options before needing dilutive financing.

Cash losses partly non-cash (FCF > net income)

Free cash flow being materially less negative than accounting losses indicates a portion of impairments or expenses are non-cash. That structural distinction helps preserve short-term liquidity versus headline losses, giving management more time to execute operational plans or secure financing.

Negative Factors

No revenue across reported periods

Absence of any revenue indicates no established commercial foothold and makes future profitability dependent on uncertain project milestones or market launches. Over months this structural gap forces reliance on external financing and limits visibility into sustainable margins or customer demand.

Persistent net losses and rising cash burn

Ongoing negative net income and deteriorating free cash flow signal continued cash consumption and worsening runway. This durable cash-burn trend increases likelihood of dilutive capital raises or project delays, hampering long-term value creation if operating losses persist beyond several quarters.

Very poor returns on equity

A deeply negative ROE reflects persistent capital destruction and indicates management is not generating returns on invested equity. Over a multi-month horizon this undermines investor confidence, constrains ability to attract patient capital, and signals structural profitability challenges.

Eastfield Resources Business Overview & Revenue Model

Company Description

Eastfield Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. It primarily explores for gold, copper, nickel, silver, molybdenum, cobalt, and platinum group metals. The company holds 100% interests in the Zymo property that consists of 33 claims and fractions covering an area of approximately 9,195 hectares located in Smithers town, British Columbia; the Iron Lake property, which comprise 21 claims covering an area of approximately 8,035 hectares; and the Hedge Hog property consists of 8 mineral tenures covering an area of approximately 2,785 hectares located in Cariboo Mining division, British Columbia. It also holds 91.5% interests in the Indata property that includes 16 claims covering an area of approximately 3,189 hectares situated Omineca Mining Division, British Columbia. Eastfield Resources Ltd. was founded in 1986 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Eastfield Resources generates revenue through the exploration and development of mineral properties, primarily through joint ventures and partnerships with other mining companies. The company typically acquires early-stage exploration projects and enhances their value by conducting drilling programs, geological surveys, and other exploration activities. Once a project's potential is established, Eastfield often enters into joint venture agreements with larger mining firms, who provide funding in exchange for an interest in the property. These partnerships allow Eastfield to leverage its exploration expertise while minimizing financial risk. Additionally, the company may also earn revenue through the sale of mineral rights or royalties from producing mines.

Eastfield Resources Financial Statement Overview

Summary

Eastfield Resources exhibits significant financial challenges, characterized by zero revenue and continued losses across income statements. The balance sheet reflects declining equity and assets with moderate debt levels, while cash flow statements show negative operating and free cash flows. These factors highlight the need for strategic changes to improve financial health and sustainability.

Income Statement

The company has consistently reported zero revenue over multiple periods, indicating a lack of operational income. Gross profit margins are negative, and net income is persistently negative, reflecting ongoing operational losses. This indicates significant financial struggles and a lack of profitability.

Balance Sheet

The balance sheet shows moderate levels of debt relative to equity, with a Debt-to-Equity Ratio below 0.2 in the most recent TTM. However, the company's equity has declined over time, and the equity ratio has decreased, signaling a weakening financial position. The company's assets have also been decreasing, which could pose risks.

Cash Flow

The company has negative operating cash flows and free cash flows, indicating that it is not generating sufficient cash from its operations. The free cash flow has shown improvement from previous periods but remains negative. The operating cash flow to net income ratio is not meaningful due to negative values.

Breakdown	TTM	Dec 2024	Dec 2024	Dec 2022	Dec 2022	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-40.77K	-42.20K	-42.20K	-31.98K	-33.69K	-29.24K
EBITDA	-421.94K	-156.68K	-480.70K	-220.02K	-239.00K	-116.31K
Net Income	-463.06K	-321.31K	-528.61K	-641.00K	-407.00K	-192.57K
Balance Sheet
Total Assets	1.59M	2.01M	1.52M	3.78M	2.98M	2.61M
Cash, Cash Equivalents and Short-Term Investments	378.60K	415.84K	277.48K	111.27K	175.70K	271.40K
Total Debt	0.00	165.37K	41.35K	372.66K	249.97K	514.00K
Total Liabilities	199.57K	311.75K	257.23K	500.26K	403.86K	597.68K
Stockholders Equity	1.39M	1.70M	1.26M	3.28M	2.58M	2.01M
Cash Flow
Free Cash Flow	-231.37K	-294.01K	-241.11K	-614.92K	-319.54K	-101.44K
Operating Cash Flow	-103.05K	-217.71K	-112.79K	-127.22K	-149.41K	-100.29K
Investing Cash Flow	124.84K	159.88K	-11.43K	-400.20K	-40.13K	-153.44K
Financing Cash Flow	-53.63K	-52.55K	83.53K	380.51K	253.97K	53.66K

Eastfield Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.07
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ETF, the sentiment is Positive. The current price of 0.07 is above the 20-day moving average (MA) of 0.06, above 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 66.66 is Neutral, neither overbought nor oversold. The STOCH value of 82.22 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ETF.

Eastfield 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%
USHA	54 Neutral	C$5.95M	11.82	3.09%	―	―	―
ETF	52 Neutral	C$4.62M	-10.00	-29.79%	―	―	-47.06%
CMIL	50 Neutral	C$5.62M	-4.58	-1035.65%	―	―	79.40%
CRC	48 Neutral	C$6.98M	-4.06	-5.67%	―	―	64.95%
AMZ	43 Neutral	C$4.06M	-9.65	-25.74%	―	―	98.11%
STNG	42 Neutral	C$2.98M	-2.21	-14.54%	―	―	-24.20%

Eastfield Resources Corporate Events

Eastfield Resources Reviews AGM Outcomes and Zymo Project Potential

Eastfield Resources Ltd. held its 2025 Annual General Meeting in Vancouver, where all motions were passed, including the appointment of auditors and approval of a stock option plan. The company approved a 2-for-1 share consolidation but has no immediate plans to implement it. The Zymo Project’s drill results highlight the potential for further exploration, reinforcing the project’s significance in Eastfield’s portfolio.

Eastfield Resources Advances Exploration at Zymo Project with New Financing

Eastfield Resources Ltd. has announced updates on its exploration activities, highlighting the Zymo Copper-Gold Porphyry Project near Smithers, British Columbia. The project features significant mineralization and multiple exploration targets, with recent financing of $1.0 million to support future exploration efforts. The company has been granted a five-year exploration permit, and preparations for a 2026 IP survey are underway, indicating a strategic focus on expanding its exploration capabilities.