Freeport Resources (FRI) AI Stock Analysis

• Market Cap: C$10.51M
• Dividend Yield: N/A
• Average Volume (3M): 259.39K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.66
• Revenue Growth: N/A
• EPS Growth: 47.85%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 262,683,700
• 10 Day Avg. Volume: 531,909
• 30 Day Avg. Volume: 259,392
• 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 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: 50 Neutral
• Price Target: C$0.04 ▲(33.33% Upside)

The score is held back primarily by weak financial performance (recurring losses and persistent negative operating/free cash flow), which increases funding and execution risk. Technicals provide partial support due to a strong move above key moving averages and positive momentum, but valuation remains difficult to support with a negative P/E and no indicated dividend.

Positive Factors

Conservative leverage: zero reported debt

Having reported zero total debt across 2021–2025 materially reduces financial fragility and interest burden. This durable capital structure lowers near-term insolvency risk and gives management flexibility to prioritize exploration or seek non-debt financing while markets for junior miners fluctuate.

Material improvement in equity and assets (2024–2025)

A materially stronger equity and asset position between 2024 and 2025 enhances the company’s balance-sheet resilience. This persistent improvement supports ongoing exploration funding capacity, strengthens bargaining power in JV or sale talks, and reduces immediate recapitalization urgency over the medium term.

Focused exploration-stage business model

A clear, focused model on early-stage acquisition and exploration is a durable strategic position: exploration companies can create outsized asset value via discovery and then monetize through development partnerships or asset sales. This structural path supports milestone-driven de-risking over months.

Negative Factors

Persistent operating and net losses

Continuous operating and net losses across multiple years indicate the company lacks a sustainable profit model. Persistent unprofitability increases reliance on external capital, raises execution risk for advancing projects, and undermines long-term self-financing ability until operational economics improve.

Negative operating and free cash flow every year

Consistent negative operating and free cash flow demonstrates real cash burn rather than only accounting losses. This structurally elevates funding and dilution risk, constrains sustained exploration spending without external raises, and limits strategic optionality until cash generation reverses.

Inconsistent revenue history and limited operating scale

An inconsistent or often-zero revenue record reduces predictability and makes planning and project justification harder. Lack of recurring operating income forces dependence on capital markets or asset transactions, increasing vulnerability to funding cycles and delaying durable operating scale.

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 Yandera copper project located in Papua New Guinea. Freeport Resources Inc. was incorporated in 1981 and is headquartered in Vancouver, Canada.

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

Overall financial quality is weak: recurring operating/net losses (worsening again in 2025), inconsistent/limited revenue history, and negative operating/free cash flow every year signal ongoing cash burn and funding/dilution risk. The main offset is a relatively conservative current balance sheet with no debt and improved equity/assets in 2025.

Income Statement

Profitability is weak: the company has posted operating losses and net losses every year from 2021–2025, with losses worsening again in 2025 versus 2024. Revenue has been inconsistent (revenue is zero in most years, with revenue recorded only in 2021–2022), which limits visibility into a sustainable operating model. A positive is that losses were meaningfully smaller in 2023–2024 versus 2021–2022, but the 2025 step-down reverses that improving trend.

Balance Sheet

Leverage currently appears conservative with total debt at 0 in 2021–2025, which reduces financial risk. Equity and assets improved materially from 2024 to 2025, supporting a stronger capital base. However, returns on equity remain deeply negative in 2021–2025 due to ongoing net losses, and the 2020 snapshot shows past balance-sheet stress (negative equity and meaningful debt), highlighting historical volatility and execution risk.

Cash Flow

Cash generation is a key concern: operating cash flow and free cash flow are negative in every year shown, indicating ongoing cash burn. While free cash flow improved in 2023 and again in 2025 (higher growth versus the prior year), the absolute level of cash outflow remains significant and worsened in 2025 versus 2024. Free cash flow roughly tracks net losses (often near 1x), suggesting limited non-cash offsets and reinforcing that losses are translating into real cash usage.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
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	33.30K	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

• Technical Analysis Sentiment: Positive
• Last Price: 0.03
• 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:FRI, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.52 is Neutral, neither overbought nor oversold. The STOCH value of 133.33 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
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
XTM	61 Neutral	C$6.14M	2.22	67.36%	―	―	―
FRI	50 Neutral	C$10.51M	-4.44	-96.31%	―	―	47.85%
HAR	49 Neutral	C$7.03M	-2.73	-19.36%	―	―	7.28%
CPS	42 Neutral	C$7.41M	-2.14	―	―	―	25.99%

Freeport Resources Corporate Events

Freeport Resources Expands Private Placement to $3.5 Million

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 directed towards the development of the Yandera Copper Project and general working capital, with no anticipated allocation for investor relations activities or payments to non-arms’ length parties outside ordinary compensation. The offering’s completion is subject to TSX Venture Exchange approval, and all issued securities will have resale restrictions for a specified period.

Freeport Resources Advances Funding for Yandera Project with Successful Private Placement

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 $3,500,000 to further develop the Yandera Copper Project and support general working capital. With this tranche, the company has raised a total of $2,337,850 and plans to close the final tranche by December 19, 2025. The completion of this offering is subject to regulatory approval, and all securities issued will have resale restrictions for a specified period.

Freeport Resources Advances Yandera Project with Successful Fundraising and License Renewal

Freeport Resources has successfully closed the first tranche of its non-brokered private placement, raising approximately $1.6 million through the issuance of over 53 million units. The funds will support the development of the Yandera Copper Project and general working capital. Additionally, the company has applied for the renewal of its exploration license for the Yandera project, with local communities and stakeholders showing support for the project’s advancement.

Freeport Resources Announces $3 Million Private Placement for Yandera Project

Freeport Resources Inc. has announced a non-brokered private placement offering of up to 100,000,000 units at $0.03 per unit, aiming to raise up to $3,000,000. The proceeds will be used for the development of the Yandera Copper Project and general working capital, with no anticipated allocation for investor relations activities. The completion of the offering is subject to TSX Venture Exchange approval, and all securities issued will have resale restrictions for four months and one day.