Freeport Resources Inc (TSE:FRI)
:FRI
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Freeport Resources
(FRI)
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Rating:49Neutral
Price Target:
C$0.09
▲(200.00% Upside)
Action:ReiteratedDate:01/30/26
The score is held back primarily by weak financial performance (recurring losses and ongoing cash burn), which elevates funding risk despite a no-debt balance sheet. Technicals provide support due to strong uptrend momentum, but extremely overbought readings increase near-term reversal risk. Valuation is also a drawback because the negative P/E reflects unprofitable operations and there is no dividend support.
Positive Factors
Conservative balance sheet — no debt
A zero-debt capital structure materially reduces financial risk and interest burden, preserving flexibility to fund exploration or pursue transactions over the next several months. This durable strength improves optionality for financing strategy and lowers immediate solvency pressure.
Negative Factors
Recurring operating and net losses
Consistent operating and net losses across 2021–2025 erode retained capital and produce negative returns on equity. Persisting losses undermine long-term self-funding ability, forcing reliance on external capital and increasing execution risk for exploration programs.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet — no debt
A zero-debt capital structure materially reduces financial risk and interest burden, preserving flexibility to fund exploration or pursue transactions over the next several months. This durable strength improves optionality for financing strategy and lowers immediate solvency pressure.
Read all positive factors
Freeport Resources (FRI) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$24.68M
Dividend YieldN/A
Average Volume (3M)259.39K
Price to Earnings (P/E)―
Beta (1Y)0.96
Revenue GrowthN/A
EPS Growth47.85%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding379,745,360
10 Day Avg. Volume531,909
30 Day Avg. Volume259,392
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)2.80
Price to Sales (P/S)0.00
P/FCF Ratio-2.11
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
Freeport Resources Business Overview & Revenue Model
Company Description
Freeport Resources Inc., a junior mineral exploration company, engages in the exploration and evaluation of mineral properties in Papua New Guinea, Newfoundland and Labrador, and British Columbia. Its projects include Star Mountain project and Yan...
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 th...
Freeport Resources Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
46
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 4.09M | 6.19M |
| Gross Profit | 0.00 | 0.00 | 0.00 | -181.00 | -4.09K | -6.20K |
| EBITDA | -2.52M | -4.23M | -2.13M | -1.30M | -5.85M | -8.91M |
| Net Income | -2.55M | -4.23M | -2.29M | -1.49M | -6.47M | -8.85M |
Balance Sheet | ||||||
| Total Assets | 1.42M | 2.61M | 778.18K | 1.28M | 1.61M | 3.33M |
| Cash, Cash Equivalents and Short-Term Investments | 1.25M | 2.41M | 633.46K | 1.13M | 1.44M | 3.17M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 129.37K | 123.37K | 116.39K | 684.57K | 153.41K | 130.21K |
| Stockholders Equity | 1.29M | 2.48M | 661.79K | 593.33K | 1.45M | 3.20M |
Cash Flow | ||||||
| Free Cash Flow | -2.11M | -3.30M | -2.69M | -948.35K | -2.00M | -2.32M |
| Operating Cash Flow | -2.11M | -3.30M | -2.69M | -852.90K | -1.44M | -2.32M |
| Investing Cash Flow | 33.32K | 14.82K | 0.00 | -95.44K | -488.97K | 0.00 |
| Financing Cash Flow | -138.19K | 5.06M | 2.19M | 646.67K | 194.30K | 5.49M |
Freeport Resources Technical Analysis
Negative
0.03
Price Trends
0.08
Negative
0.06
Positive
0.04
Positive
Market Momentum
>-0.01
Positive
37.23
Neutral
20.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FRI, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.08, and below the 200-day MA of 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.23 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FRI.
Freeport 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% | |
49 Neutral | C$24.68M | -3.51 | -96.31% | ― | ― | 47.85% | |
49 Neutral | C$4.40M | -7.81 | -18.13% | ― | ― | 7.28% | |
47 Neutral | C$5.73M | -2.54 | 67.36% | ― | ― | ― | |
42 Neutral | C$6.02M | -2.09 | ― | ― | ― | 25.99% |
* Basic Materials Sector Average
TSE:FRI
Freeport Resources
0.07
0.04
116.67%
TSE:CPS
Canadian Premium Sand Inc
0.07
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York Harbour Metals Inc
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0.09
154.55%
TSE:XTM
Transition Metals
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TSE:HAR
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-33.33%
Freeport Resources Corporate Events
Business Operations and Strategy
Freeport Resources Targets Investors at 121 Mining Investment Cape Town and Mining Indaba 2026
Positive
Feb 5, 2026
Freeport Resources Inc. announced it will participate in the 121 Mining Investment Conference in Cape Town on February 9–10, 2026, and Mining Indaba 2026 from February 9–12. By attending these high-profile industry events, the company ...
Business Operations and Strategy
Freeport Resources Advances Talks to Strategically Develop Yandera Copper Project
Positive
Jan 27, 2026
Freeport Resources has signed a non-binding Memorandum of Understanding with Papua New Guinea’s state-owned Kumul Minerals Holdings to collaborate on advancing and strategically developing the Yandera Copper Project, including coordinated en...
Business Operations and StrategyRegulatory Filings and Compliance
Freeport Wins PNG Government Backing as Yandera Copper Project Advances Toward Feasibility
Positive
Jan 13, 2026
Freeport Resources has secured explicit support from the Papua New Guinea government, including backing from Prime Minister James Marape, for its Yandera Copper Project, reinforcing the project’s national importance and its potential to deli...
Private Placements and Financing
Freeport Resources Expands Private Placement to $3.5 Million
Neutral
Dec 15, 2025
Freeport Resources Inc. has announced an increase in its non-brokered private placement offering to accommodate additional market interest, now aiming to raise up to $3.5 million through the issuance of 116,666,666 units. The proceeds will be dire...
Private Placements and Financing
Freeport Resources Advances Funding for Yandera Project with Successful Private Placement
Positive
Dec 15, 2025
Freeport Resources Inc. has successfully closed the second tranche of its non-brokered private placement, raising approximately $723,000 through the issuance of 24,099,999 units. This effort is part of a larger offering aimed at generating up to $...
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.