Minsud Resources (MSR) AI Stock Analysis

• Market Cap: C$100.14M
• Dividend Yield: N/A
• Average Volume (3M): 3.86K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.40
• Revenue Growth: N/A
• EPS Growth: -127.89%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 166,895,420
• 10 Day Avg. Volume: 4,607
• 30 Day Avg. Volume: 3,857
• PEG Ratio: -0.10
• Price to Book (P/B): 6.38
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -52.59
• 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: 43 Neutral
• Price Target: C$0.58 ▼(-3.50% Downside)

The score is mainly held down by weak financial performance (no revenue, ongoing cash burn, and inconsistent profitability) and negative-to-muted technical momentum (below key moving averages with negative MACD). A positive exploration update provides some upside potential, but valuation support is limited with a negative P/E and no dividend yield.

Positive Factors

Debt-Free Balance Sheet

A debt-free balance sheet enhances financial stability, reducing risk and providing flexibility for future investments or downturns.

Strategic Partnerships

Partnerships with major firms like South32 provide capital and expertise, crucial for advancing projects and potentially increasing resource value.

Resource Expansion

The discovery of substantial resources at Chinchillones enhances long-term growth prospects, potentially increasing future revenue streams.

Negative Factors

No Revenue Generation

The lack of revenue generation limits profitability and cash flow, posing a challenge to sustaining operations and funding future projects.

Negative Cash Flow

Persistent negative cash flow indicates challenges in covering operational costs, risking liquidity and long-term financial health.

Volatile Net Income

Volatile net income reflects instability in financial performance, complicating planning and investment strategies for sustainable growth.

Minsud Resources Business Overview & Revenue Model

Company Description

Minsud Resources Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Argentina. The company explores for copper, molybdenum, silver, and gold deposits. Its principal project is the Chita Valley project that consists of the Chita, Brechas Vacas, and Minas de Pinto mineral concessions, as well as five additional adjacent properties covering an area of approximately 19,883 hectares located in the province of San Juan, Argentina. The company also holds a 100% interest in La Rosita project, which consists of the Alfa II mine and Alfa III mining concessions covering an area of 5,986 hectares located in the low sulfidation epithermal metallogenic province of the Deseado Massif, Patagonia, Argentina. The company was formerly known as Rattlesnake Ventures Inc. and changed its name to Minsud Resources Corp. in May 2011. Minsud Resources Corp. was founded in 2003 and is headquartered in Toronto, Canada.

How the Company Makes Money

Minsud Resources makes money through the exploration and development of its mineral properties, with the goal of discovering commercially viable mineral deposits. The company's revenue model is primarily based on the potential sale or joint venture of these properties to larger mining companies looking to expand their resource base. Key revenue streams include proceeds from selling stakes in mineral projects, royalties from joint ventures, and potentially direct mining operations if commercially viable deposits are developed. Strategic partnerships with major mining firms can significantly contribute to the company's earnings by providing capital investment and operational expertise necessary for advancing exploration projects to production.

Minsud Resources Financial Statement Overview

Summary

Minsud Resources exhibits a challenging financial position characterized by no revenue and persistent net losses, which severely impact the income statement. The balance sheet displays strength due to the absence of debt, but cash flow issues persist, with negative operating and free cash flows. The company's financial health is precarious, with stability in equity but significant operational and cash flow challenges.

Income Statement

Minsud Resources has reported no revenue over the periods analyzed, which is concerning for any company. The net income has been highly volatile, with significant losses in most periods, except for a positive net income in the most recent TTM. The absence of revenue severely limits the potential for profitability, resulting in negative EBIT and EBITDA margins consistently.

Balance Sheet

The company maintains a strong equity position with no debt, as indicated by the zero debt-to-equity ratio, which is a positive sign of financial stability. The equity ratio is high, reinforcing the company's reliance on equity financing. However, the fluctuating stockholders' equity and total assets highlight potential instability in asset management.

Cash Flow

Operating cash flow has remained negative throughout, indicating challenges in generating cash from operations. The free cash flow is also negative and has shown significant fluctuations, reflecting high capital expenditures relative to cash generated. This situation poses a risk to liquidity and sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 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	0.00	0.00	0.00
EBITDA	-1.49M	8.08M	-3.72M	719.83K	-59.02K	-754.46K
Net Income	-1.36M	8.08M	-9.89M	-3.60M	-2.15M	-1.69M
Balance Sheet
Total Assets	13.74M	22.28M	31.71M	31.10M	22.10M	14.90M
Cash, Cash Equivalents and Short-Term Investments	763.77K	706.64K	3.48M	2.86M	2.61M	747.29K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	233.49K	340.41K	26.73M	20.65M	10.94M	4.66M
Stockholders Equity	13.51M	21.93M	4.96M	10.41M	11.12M	10.20M
Cash Flow
Free Cash Flow	-788.46K	-2.66M	-13.82M	-9.69M	-4.92M	-2.90M
Operating Cash Flow	-788.47K	-705.00K	-273.43K	-1.28M	-1.65M	-389.62K
Investing Cash Flow	-601.00	-2.06M	829.25K	1.53M	2.54M	423.99K
Financing Cash Flow	845.60K	0.00	63.75K	0.00	977.00K	0.00

Minsud Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GMX	63 Neutral	C$108.53M	19.94	15.11%	―	-73.34%	16.21%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
WM	56 Neutral	C$122.01M	-10.31	-3.76%	―	―	9.35%
MSR	43 Neutral	C$100.14M	-73.17	-9.76%	―	―	-127.89%
LGO	42 Neutral	C$137.23M	-1.09	-39.64%	―	-20.57%	-34.04%
PLSR	31 Underperform	C$146.99M	-10.86	―	―	―	74.10%

Minsud Resources Corporate Events

Minsud Resources Reports Promising Drilling Results at Chita South Porphyry

Minsud Resources Corp. has announced the results from its recent drilling campaign at the Chita South Porphyry deposit in Argentina, revealing significant mineralization of copper, molybdenum, and gold. The results indicate promising supergene-enriched zones and high-grade polymetallic veins, suggesting potential for further exploration and development, which could enhance the company’s position in the mining industry and benefit stakeholders.

Minsud Resources Adjusts Shareholder Meeting Amid Postal Strike

Minsud Resources Corp. has rescheduled its annual and special meeting of shareholders to November 4, 2025, due to a postal strike affecting the delivery of proxy-related materials. The company is utilizing temporary relief measures to ensure shareholders can access necessary documents electronically and vote through various methods before the meeting, highlighting its adaptability in managing logistical challenges.