Durango Resources (LEAP) AI Stock Analysis

• Market Cap: C$13.31M
• Dividend Yield: N/A
• Average Volume (3M): 77.72K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.77
• Revenue Growth: N/A
• EPS Growth: 7.41%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Mining
• EPS (TTM): >-0.01
• Shares Outstanding: 95,056,870
• 10 Day Avg. Volume: 137,271
• 30 Day Avg. Volume: 77,717
• PEG Ratio: 0.14
• Price to Book (P/B): 3.28
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -15.11
• 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

• Rating: 48 Neutral
• Price Target: ―

Durango Resources struggles financially with no revenue and persistent losses, which is a major risk factor. The stock enjoys strong technical momentum, but overbought indicators could lead to a correction. Valuation challenges persist due to negative earnings. Positive corporate events highlight potential, but financial stability remains the primary concern.

Durango Resources Business Overview & Revenue Model

Company Description

Durango Resources Inc is an exploration stage natural resources company, which engages in the acquisition and exploration of mineral properties. It explores precious and base mineral properties in Canada. It's project portfolio includes Mayner's Fortune claims in British Columbia, Trove claims, Windfall claims, and Nemaska/NMX East claims in Quebec.

How the Company Makes Money

Durango Resources Inc. generates revenue through the exploration and development of mineral properties, primarily focusing on gold and copper. The company's primary revenue streams include the sale of mineral rights, partnerships with larger mining companies for joint exploration and development projects, and the eventual extraction and sale of minerals from its properties. Additionally, Durango Resources may engage in strategic partnerships and joint ventures that provide financial backing and technical expertise, enhancing its ability to monetize its mineral assets. The company’s earnings are significantly influenced by factors such as mineral market prices, exploration success, and operational efficiency.

Durango Resources Financial Statement Overview

Summary

Durango Resources shows weak financial health with zero revenue and ongoing losses, despite maintaining zero debt. Declining equity and negative cash flows highlight significant financial risks.

Income Statement

Durango Resources has consistently reported zero revenue over the years, indicating a lack of operational income. The company shows negative net income and EBIT across all periods, reflecting ongoing operational losses. This lack of revenue and persistent losses heavily impact the income statement's overall health.

Balance Sheet

The company maintains a zero debt position, which is positive. However, the equity has been declining, and total assets have decreased over time, indicating potential risks. Despite these concerns, the company's zero total debt provides some stability.

Cash Flow

Durango Resources is experiencing negative operating and free cash flows, showing a lack of cash generation from operations. The free cash flow has been negative in all periods, indicating cash management challenges. The operating cash flow to net income ratio is unfavorable, highlighting inefficiencies in converting net income into cash.

Breakdown
TTM	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-111.59K	-257.01K	1.79M	-965.22K	-336.51K	1.60M
	EBITDA
-427.29K	-288.69K	1.79M	-829.44K	-331.64K	-384.52K
	Net Income Common Stockholders
-234.84K	-288.70K	-2.37M	-327.75K	-331.64K	-2.51M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
35.57K	615.60K	197.86K	289.88K	476.43K	324.85K
	Total Assets
1.48M	1.56M	987.62K	2.92M	958.53K	783.42K
	Total Debt
0.00	0.00	0.00	0.00	34.51K	22.87K
	Net Debt
-35.57K	-615.60K	-197.86K	-289.88K	-441.93K	-301.98K
	Total Liabilities
639.92K	468.89K	143.47K	97.95K	285.97K	142.47K
	Stockholders Equity
840.36K	1.09M	844.14K	2.82M	672.56K	640.95K
Cash Flow		Free Cash Flow
-264.02K	-236.79K	-636.84K	-2.98M	-401.38K	-825.66K
	Operating Cash Flow
-107.44K	-236.79K	-69.60K	-1.06M	-268.78K	-336.50K
	Investing Cash Flow
-210.04K	-124.87K	-501.84K	-1.92M	170.36K	-75.37K
	Financing Cash Flow
0.00	779.40K	479.41K	2.80M	250.00K	280.31K

Durango Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.14
• 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:LEAP, the sentiment is Positive. The current price of 0.14 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.11, and above the 200-day MA of 0.07, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.35 is Neutral, neither overbought nor oversold. The STOCH value of 87.88 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LEAP.

Durango Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	3.98%	2.91%	-30.50%
LEAP	48 Neutral	C$13.31M	―	-28.96%	―	―	7.41%
ACS		C$8.16M	―		―	―	―
CPI	36 Underperform	C$9.55M	―	-5.69%	―	―	-60.38%
TCO		C$7.36M	21.25		―	―	―
BMR		C$8.98M	―	-32.75%	―	―	―
GEGC		C$11.59M	―	-3964.95%	―	―	―