Eastfield Resources (ETF) AI Stock Analysis

• Market Cap: C$7.25M
• Dividend Yield: N/A
• Average Volume (3M): 80.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.68
• 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): >-0.01
• Shares Outstanding: 111,561,584
• 10 Day Avg. Volume: 133,602
• 30 Day Avg. Volume: 80,474
• PEG Ratio: 0.18
• Price to Book (P/B): 0.82
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.72
• 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: 47 Neutral
• Price Target: C$0.06 ▼(-8.57% Downside)
• Action: Reiterated Date: 02/03/26
• Date: Action: Reiterated 02/03/26

The score is held back primarily by weak financial performance (no revenue, ongoing losses, and continued cash burn) despite a low-debt balance sheet. Technicals are mildly supportive with the price above key longer-term moving averages, while valuation is constrained by negative earnings and no indicated dividend.

Positive Factors

Balance Sheet Health

A near-zero debt profile and positive equity materially reduce solvency and interest-rate exposure for an early-stage explorer. This durable strength preserves financial flexibility to fund exploration or absorb shocks, lowering default risk and extending operational runway without immediate revenue.

Low Leverage / Interest Burden

Minimal leverage reduces recurring interest costs and preserves cash flows, a structural advantage for a non-revenue business. Over months this lowers fixed financial obligations, improving optionality on financing timing and terms and supports continued investment in exploration without large debt servicing strain.

Improving Cash Flow Trajectory

An improving FCF trend, even from a negative base, signals rising capital efficiency or lower expenditures. If sustained, this trajectory reduces the pace of external funding needs and dilution risk over the medium term, and indicates management is moving toward tighter cash discipline or more productive project spending.

Negative Factors

No Revenue / Persistent Losses

Lack of revenue and recurring losses mean the core business model remains unproven and cash generation is absent. Over a multi-month horizon this limits strategic options, makes forecasting profitability unreliable, and means shareholder returns depend on successful project development or commodity outcomes rather than operating margins.

Negative Cash Generation

Persistent negative operating and free cash flow forces reliance on external financing or asset sales to sustain operations. Structurally, continued cash burn constrains investment pacing, increases execution risk on exploration programs, and raises the probability of dilutive raises that erode existing equity value.

Funding / Dilution Risk

The business profile implies ongoing funding cycles; equity levels have fluctuated, reflecting past capital raises. Over the medium term this elevates dilution risk and can limit management's ability to pursue longer-term projects if capital access tightens, making shareholder outcomes dependent on external financing conditions.

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

Income statement and cash flow are weak (no revenue, persistent losses, and ongoing negative operating/free cash flow), indicating an early-stage explorer with continued funding/dilution risk. This is partially offset by a relatively solid balance sheet with minimal/near-zero debt and positive equity, which reduces near-term solvency risk.

Income Statement

Across the annual periods and TTM (Trailing-Twelve-Months), the company reports no revenue and consistently negative profitability, indicating an early-stage/exploration profile rather than an operating business. Losses remain sizable, with net income still deeply negative in TTM (Trailing-Twelve-Months) and broadly similar in magnitude versus the most recent annual period. A prior-year profit (2021) appears non-recurring given the subsequent return to losses, underscoring earnings volatility and limited visibility on sustainable profitability.

Balance Sheet

The balance sheet is a relative strength: debt is minimal in the most recent annual period and effectively zero in TTM (Trailing-Twelve-Months), reducing financial risk and interest burden. Equity remains positive, providing a cushion to fund ongoing spending; however, returns to shareholders are negative due to continuing losses, and equity levels have fluctuated meaningfully over time, which may reflect ongoing funding needs and valuation swings typical for the space.

Cash Flow

Cash generation is weak, with operating cash flow and free cash flow negative in both the latest annual period and TTM (Trailing-Twelve-Months), implying ongoing cash burn to sustain operations. While free cash flow has improved versus earlier periods (as indicated by strong positive growth in TTM (Trailing-Twelve-Months)), it remains materially negative, so the business likely continues to rely on external financing or asset monetization to fund activities. Cash flow performance therefore remains the key near-term constraint despite some improvement in trajectory.

Breakdown	TTM	May 2025	May 2024	May 2022	May 2021	Feb 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-34.27K	-42.20K	-33.69K	-31.98K	-30.77K	-29.24K
EBITDA	-493.70K	-480.70K	-239.00K	-220.02K	-110.89K	-116.31K
Net Income	-520.89K	-528.61K	-407.00K	-641.00K	456.41K	-192.57K
Balance Sheet
Total Assets	2.45M	1.52M	2.98M	3.78M	4.55M	2.61M
Cash, Cash Equivalents and Short-Term Investments	1.14M	277.48K	175.70K	111.27K	258.18K	271.40K
Total Debt	0.00	41.35K	249.97K	372.66K	458.31K	514.00K
Total Liabilities	88.52K	257.23K	403.86K	500.26K	549.53K	597.68K
Stockholders Equity	2.36M	1.26M	2.58M	3.28M	4.00M	2.01M
Cash Flow
Free Cash Flow	-449.50K	-241.11K	-319.54K	-614.92K	-93.56K	-101.44K
Operating Cash Flow	-321.17K	-112.79K	-149.41K	-127.22K	-88.35K	-100.29K
Investing Cash Flow	97.88K	-11.43K	-40.13K	-400.20K	113.82K	-153.44K
Financing Cash Flow	958.49K	83.53K	253.97K	380.51K	-38.68K	53.66K

Eastfield Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.07
• 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: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 0.06, and above the 200-day MA of 0.04, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 51.54 is Neutral, neither overbought nor oversold. The STOCH value of 65.00 is Neutral, 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$5.79M	11.82	3.09%	―	―	―
AMZ	49 Neutral	C$4.80M	-11.40	-25.74%	―	―	98.11%
CRC	49 Neutral	C$6.44M	-3.75	-5.67%	―	―	64.95%
ETF	47 Neutral	C$7.25M	-7.59	-29.79%	―	―	-47.06%
STNG	46 Neutral	C$3.23M	-2.76	-14.54%	―	―	-24.20%
CMIL	45 Neutral	C$9.12M	-3.87	-1035.65%	―	―	79.40%

Eastfield Resources Corporate Events

Star Copper and Eastfield Add Nickel and Silver Targets at Indata Project

Star Copper Corp. and Eastfield Resources reported new diamond drilling results from the Indata project in British Columbia, with 2025 holes expanding the recently defined Area 74 and further testing the Lake Copper target. At Area 74, holes IN25-87 and IN25-89 intersected significant intervals of altered ultramafic rock mineralized with nickel and magnesium, followed by biotite-granite carrying copper, molybdenum, silver, antimony and locally gold, suggesting the presence of awaruite-style nickel mineralization analogous to mineralization being explored at the nearby Decar project and potentially adding a new nickel component to a property historically targeted for porphyry copper-gold-silver-molybdenum. At the Lake Copper target, hole IN25-88 returned multiple copper-gold intervals with a higher gold-to-copper ratio than earlier drilling, implying the possibility of distinct copper-gold mineralization populations and supporting a broader polymetallic potential at Indata that could enhance the project’s attractiveness to partners and investors.

The most recent analyst rating on (TSE:ETF) stock is a Hold with a C$0.08 price target. To see the full list of analyst forecasts on Eastfield Resources stock, see the TSE:ETF Stock Forecast page.

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.