Freeport Resources (FRI) AI Stock Analysis

• Market Cap: C$7.88M
• Dividend Yield: N/A
• Average Volume (3M): 157.83K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.89
• Revenue Growth: N/A
• EPS Growth: -5.59%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Industrial Materials
• EPS (TTM): -0.02
• Shares Outstanding: 262,683,700
• 10 Day Avg. Volume: 158,833
• 30 Day Avg. Volume: 157,827
• PEG Ratio: -0.14
• Price to Book (P/B): 2.54
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.57
• 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

Freeport Resources' overall stock score is primarily impacted by significant financial challenges, including zero revenue and persistent losses. The absence of debt is a positive, but the company's reliance on equity without generating revenue is unsustainable. Technical analysis indicates some short-term momentum, but potential overbought conditions could lead to corrections. Valuation metrics are unattractive due to negative earnings, further weighing down the overall score.

Freeport Resources Business Overview & Revenue Model

Company Description

Freeport Resources Inc. (FRI) is a resource exploration company focused on the acquisition and development of mineral properties. The company operates primarily in the mining sector, with core activities centered around the exploration and potential development of precious and base metal projects. Freeport Resources has a portfolio of projects that may include gold, copper, and other valuable minerals, and it aims to advance these projects through exploration, evaluation, and potential partnerships.

How the Company Makes Money

Freeport Resources makes money primarily through the exploration and potential development of mineral properties. The company generates revenue by selling or partnering with larger mining companies for the development of its mineral assets once they reach a certain level of exploration and feasibility. Key revenue streams include the sale of mineral rights, joint venture agreements, and potential future mining operations if projects are deemed viable. The company may also earn income through strategic partnerships that provide funding and expertise to advance its projects.

Freeport Resources Financial Statement Overview

Summary

Freeport Resources is facing significant financial challenges with no revenue generation and consistent losses. The absence of debt is a positive aspect, but the company relies heavily on equity which might not be sustainable in the long run without revenue. Persistent negative cash flows underline the need for strategic change to achieve financial stability.

Income Statement

Freeport Resources reported zero revenue over the reviewed periods, indicating a potential issue with operational activity or commercialization. The net loss has been significant, with a negative net profit margin, reflecting persistent challenges in achieving profitability. Absence of revenue growth and high negative EBIT and EBITDA margins further highlight operational inefficiencies.

Balance Sheet

The company's balance sheet shows no debt, which is a positive indicator of financial prudence. However, the equity ratio suggests a reliance on equity financing with a relatively low asset base. The return on equity is negative due to consistent net losses, pointing towards inefficiencies in generating shareholder returns.

Cash Flow

Freeport Resources has been experiencing negative operating and free cash flows, indicating liquidity challenges. While the financing cash flows are positive, likely due to external funding, the inability to generate positive operating cash flow raises concerns about the company's self-sustaining capability.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	―	―	―	0.00
	EBIT
-3.32M	-2.23M	-1.22M	-5.35M	-8.91M	1.11M
	EBITDA
-3.51M	-2.13M	-1.49M	-5.35M	-8.91M	-129.49K
	Net Income Common Stockholders
-4.08M	-2.29M	-1.49M	-6.47M	-8.85M	-1.39M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.14M	633.46K	1.13M	1.44M	3.17M	1.68K
	Total Assets
3.29M	778.18K	1.28M	1.61M	3.33M	6.95K
	Total Debt
0.00	0.00	0.00	0.00	0.00	1.98M
	Net Debt
-3.14M	-633.46K	-1.13M	-1.44M	-3.17M	1.98M
	Total Liabilities
189.38K	116.39K	684.57K	153.41K	130.21K	2.04M
	Stockholders Equity
3.10M	661.79K	593.33K	1.45M	3.20M	-2.03M
Cash Flow		Free Cash Flow
-3.06M	-2.69M	-948.35K	-2.00M	-2.32M	-126.24K
	Operating Cash Flow
-3.06M	-2.69M	-852.90K	-1.44M	-2.32M	-125.11K
	Investing Cash Flow
0.00	0.00	-95.44K	-488.97K	0.00	-1.13K
	Financing Cash Flow
5.08M	2.19M	646.67K	194.30K	5.49M	127.81K

Freeport Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FRI, the sentiment is Positive. The current price of 0.03 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.94 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 Positive sentiment for TSE:FRI.

Freeport Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HBM	68 Neutral	$4.23B	38.37	6.50%	0.19%	19.70%	9.24%
LUN	66 Neutral	C$10.35B	25.63	2.66%	3.02%	-8.36%	-200.42%
FM	63 Neutral	$16.18B	85.08	1.22%	―	-13.79%	―
CS	59 Neutral	$5.30B	47.21	2.71%	―	37.30%	―
TKO	52 Neutral	$890.77M	11.15	-12.40%	―	7.36%	-159.52%
Sector *	49 Neutral	$1.96B	-1.15	-21.28%	3.71%	1.17%	-30.86%
FRI	28 Underperform	C$7.88M	―	-194.41%	―	―	-5.59%