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James Bay Resources
(JBR)
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Rating:41Neutral
Price Target:
C$0.01
▼(-30.00% Downside)
Action:Reiterated
Date:07/03/26
The score is primarily constrained by very weak financial performance (no revenue, recurring losses, negative free cash flow, and negative equity with meaningful debt versus assets). Technical indicators are roughly neutral-to-soft without a clear bullish trend, and valuation metrics offer limited support due to negative earnings and no dividend yield.
Positive Factors
Improving cash burn
Trailing‑twelve‑month cash burn has modestly improved versus the prior year, indicating early operational stabilization. Over 2–6 months this trend reduces near‑term financing pressure, giving management more time to pursue asset development or capital raises without immediate distress.
Negative Factors
No revenue
The company reports zero revenue across recent periods, reflecting no operating scale or realization of product/production. Without a revenue base, profitability and cash generation cannot be restored organically, forcing dependence on external financing or asset transactions for survival.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving cash burn
Trailing‑twelve‑month cash burn has modestly improved versus the prior year, indicating early operational stabilization. Over 2–6 months this trend reduces near‑term financing pressure, giving management more time to pursue asset development or capital raises without immediate distress.
Read all positive factors
James Bay Resources (JBR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.39M
Dividend YieldN/A
Average Volume (3M)7.73K
Price to Earnings (P/E)―
Beta (1Y)-2.28
Revenue GrowthN/A
EPS Growth-97.98%
CountryCA
EmployeesN/A
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.03
Shares Outstanding92,701,240
10 Day Avg. Volume900
30 Day Avg. Volume7,733
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-0.15
Price to Sales (P/S)0.00
P/FCF Ratio-0.68
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
James Bay Resources Business Overview & Revenue Model
Company Description
Established in 2007, James Bay Resources Limited (JBR.CN) is a Canadian junior energy company. Its core business involves the exploration, assessment, and development of oil and gas properties specifically within Nigeria. The company maintains its...
How the Company Makes Money
null...
James Bay Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
9
Very Negative
Cash Flow
14
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -34.20K | -54.80K | -54.66K | -38.88K | -7.00K |
| EBITDA | -707.26K | -853.00K | -721.00K | -1.96M | 2.99M |
| Net Income | -1.33M | -976.00K | -1.03M | -2.33M | 2.08M |
Balance Sheet | |||||
| Total Assets | 175.81K | 58.32K | 461.57K | 1.57M | 3.65M |
| Cash, Cash Equivalents and Short-Term Investments | 20.27K | 3.37K | 358.26K | 1.42M | 30.52K |
| Total Debt | 1.42M | 829.13K | 575.60K | 632.76K | 315.32K |
| Total Liabilities | 2.91M | 1.51M | 960.61K | 1.94M | 1.74M |
| Stockholders Equity | -2.73M | -1.45M | -499.04K | -369.80K | 1.90M |
Cash Flow | |||||
| Free Cash Flow | -603.28K | -434.08K | -983.32K | -753.77K | 306.05K |
| Operating Cash Flow | -603.28K | -434.08K | -983.32K | -753.77K | 306.05K |
| Investing Cash Flow | 0.00 | 158.66K | 845.97K | 562.72K | -630.74K |
| Financing Cash Flow | 620.19K | 261.02K | 148.82K | 166.82K | 299.54K |
James Bay Resources Technical Analysis
Neutral
0.02
Price Trends
0.02
Negative
0.02
Positive
0.02
Positive
Market Momentum
>-0.01
Negative
47.28
Neutral
0.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:JBR, the sentiment is Neutral. The current price of 0.02 is equal to the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.28 is Neutral, neither overbought nor oversold. The STOCH value of 0.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:JBR.
James Bay Resources Peers Comparison
UnderperformOutperform
Sector (65)
TSE:JBR
James Bay Resources
0.02
>-0.01
-25.00%
TSE:IFR
International Frontier Resources
0.04
0.00
0.00%
TSE:BARK
Yorkton Ventures
0.04
<0.01
16.67%
TSE:GTOO
G2 Energy
0.11
0.00
0.00%
TSE:VIK
Petro Viking Energy
0.04
>-0.01
-12.50%
James Bay Resources Corporate Events
Private Placements and FinancingRegulatory Filings and Compliance
James Bay Resources Extends Price Protection and Corrects Private Placement Figures
Neutral
Apr 8, 2026
James Bay Resources Limited has received a further extension of price protection from the Canadian Securities Exchange for its previously announced private placement of up to 17,500,000 common shares at $0.02 per share, targeting gross proceeds of...
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.