Eastfield Resources (ETF) AI Stock Analysis

• Market Cap: C$2.46M
• Dividend Yield: N/A
• Average Volume (3M): 73.73K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.69
• 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: 25,673
• 30 Day Avg. Volume: 73,734
• 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: 26 Underperform
• Price Target: ―

Eastfield Resources faces significant financial challenges with zero revenue, negative earnings, and declining equity. Technical analysis indicates a bearish trend, further compounded by a negative P/E ratio. The absence of positive earnings call insights or corporate events emphasizes the company's need for strategic improvement.

Positive Factors

Strategic Partnerships

Strategic partnerships with larger firms allow Eastfield to leverage exploration expertise while minimizing financial risk, providing a pathway to enhance project value and potential future revenue.

Exploration Expertise

Eastfield's expertise in mineral exploration positions it to identify and develop valuable mining projects, potentially leading to successful joint ventures and long-term growth opportunities.

Asset Portfolio

A diverse asset portfolio in precious and base metals provides Eastfield with multiple avenues for exploration success, enhancing its ability to capitalize on favorable market conditions over time.

Negative Factors

Zero Revenue

Consistent zero revenue indicates a lack of operational income, which challenges the company's ability to sustain operations and invest in growth without external funding.

Negative Cash Flows

Negative cash flows highlight insufficient cash generation from operations, limiting Eastfield's ability to fund exploration activities and necessitating reliance on external financing.

Declining Equity

Declining equity and assets signal a weakening financial position, which may constrain Eastfield's capacity to secure partnerships or invest in new projects, impacting long-term viability.

Eastfield Resources Business Overview & Revenue Model

Company Description

Eastfield Resources (ETF) is a Canadian mineral exploration company focused on the acquisition, exploration, and development of precious and base metal properties. Operating primarily in North America, the company's core assets include interests in properties rich in gold, copper, and other valuable minerals. Eastfield Resources is committed to discovering and advancing mineral projects that have the potential to become significant mining operations.

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	-41.14K	-42.20K	-42.20K	-31.98K	-33.69K	-29.24K
EBITDA	-491.52K	-156.68K	-480.70K	-220.02K	-239.00K	-116.31K
Net Income	-534.56K	-321.31K	-528.61K	-641.00K	-407.00K	-192.57K
Balance Sheet
Total Assets	1.45M	2.01M	1.52M	3.78M	2.98M	2.61M
Cash, Cash Equivalents and Short-Term Investments	261.29K	415.84K	277.48K	111.27K	175.70K	271.40K
Total Debt	10.82K	165.37K	41.35K	372.66K	249.97K	514.00K
Total Liabilities	236.76K	311.75K	257.23K	500.26K	403.86K	597.68K
Stockholders Equity	1.22M	1.70M	1.26M	3.28M	2.58M	2.01M
Cash Flow
Free Cash Flow	-273.84K	-294.01K	-241.11K	-614.92K	-319.54K	-101.44K
Operating Cash Flow	-145.52K	-217.71K	-112.79K	-127.22K	-149.41K	-100.29K
Investing Cash Flow	53.11K	159.88K	-11.43K	-400.20K	-40.13K	-153.44K
Financing Cash Flow	83.27K	-52.55K	83.53K	380.51K	253.97K	53.66K

Eastfield Resources Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.04
• 50DMA: Negative
• 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 Neutral. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.17 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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%
TGLD	46 Neutral	C$620.63K	-1.71	-75.41%	―	―	―
GLDS	45 Neutral	C$2.06M	-1.92	-16.19%	―	―	-16.67%
MEX	29 Underperform	C$2.65M	-6.60	-313.11%	―	―	12.15%
ETF	26 Underperform	C$2.46M	―	-29.79%	―	―	-47.06%
MTH	26 Underperform	C$4.04M	-9.84	―	―	―	35.79%

Eastfield Resources Corporate Events

Eastfield Resources Gains Exploration Permit for Zymo

Eastfield Resources has received an exploration permit for its Zymo copper-gold project in British Columbia, opening up potential for significant mineral discoveries. The project, which covers 18,184 hectares, has already shown promising drill results and will continue exploration with 50 new drill sites authorized by the permit.