Northcliff Resources (NCF) AI Stock Analysis

• Market Cap: C$66.77M
• Dividend Yield: N/A
• Average Volume (3M): 155.54K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.74
• Revenue Growth: N/A
• EPS Growth: 56.63%
• Country: CA
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 606,956,540
• 10 Day Avg. Volume: 118,779
• 30 Day Avg. Volume: 155,538
• PEG Ratio: -0.09
• Price to Book (P/B): 0.37
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.47
• 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: 39 Underperform
• Price Target: ―

Northcliff Resources is facing severe financial instability with no revenue and persistent losses impacting its financial health. While recent funding provides a boost, significant valuation concerns and high volatility make this stock a high-risk investment.

Northcliff Resources Business Overview & Revenue Model

Company Description

Northcliff Resources Ltd., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral projects in Canada. Its primary mineral project is the Sisson Tungsten-Molybdenum project covering an area of 18,880 hectares located in New Brunswick, Canada. The company was formerly known as Cabre Capital Corp. and changed its name to Northcliff Resources Ltd. in June 2011. Northcliff Resources Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Northcliff Resources primarily makes money through the development and potential sale of mineral resources from its flagship Sisson Project. The company's revenue model is based on the exploration and development of tungsten and molybdenum deposits, which, upon successful extraction, can be sold to industrial consumers and manufacturers. Key revenue streams include the sale of these extracted metals, partnerships with other mining companies, and potential joint ventures or licensing agreements to share the operational and financial burden of large-scale mining operations. The company's ability to generate earnings is closely tied to the global demand for tungsten and molybdenum, commodity prices, and successful project development milestones.

Northcliff Resources Financial Statement Overview

Summary

Northcliff Resources faces significant financial challenges with zero revenue generation, leading to persistent losses and negative cash flows. While the balance sheet shows low leverage, ongoing net losses and cash flow issues present substantial financial risks.

Income Statement

Northcliff Resources has consistently reported zero revenue, leading to negative gross profit, EBIT, and net income figures. The lack of revenue growth and persistent losses indicate significant challenges in generating income, affecting profitability and overall financial performance.

Balance Sheet

The company maintains a reasonable equity ratio, with stockholders' equity representing a significant portion of total assets. The absence of total debt in the latest TTM period suggests minimal leverage risk. However, the ongoing net losses and steady decline in cash reserves are concerning for long-term financial stability.

Cash Flow

Operating cash flow remains negative, indicating ongoing cash burn. Although free cash flow has shown some improvement, it remains negative, signaling inefficient cash management and a dependency on external financing to meet cash needs.

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	-411.99K	-974.00K	-438.00K	-214.00	-658.00	-715.00
EBITDA	-2.31M	0.00	-2.27M	-1.68M	-1.19M	-1.12M
Net Income	-2.19M	-2.10M	-2.65M	-1.88M	-1.38M	-1.06M
Balance Sheet
Total Assets	30.50M	30.53M	31.03M	32.43M	28.34M	28.11M
Cash, Cash Equivalents and Short-Term Investments	1.29M	461.17K	2.13M	4.93M	1.44M	1.59M
Total Debt	0.00	0.00	1.32M	4.45M	1.34M	381.31K
Total Liabilities	2.12M	1.64M	2.40M	6.57M	2.54M	1.10M
Stockholders Equity	24.59M	25.06M	24.66M	22.32M	22.65M	23.85M
Cash Flow
Free Cash Flow	-1.06M	-1.11M	-4.65M	-1.28M	-994.10K	-943.66K
Operating Cash Flow	-912.16K	-1.11M	-3.78M	-727.53K	-676.45K	-512.91K
Investing Cash Flow	-125.20K	-698.92K	-686.49K	-528.37K	-306.90K	-428.09K
Financing Cash Flow	330.57K	1.02M	1.67M	4.75M	831.97K	1.39M

Northcliff Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NCF, the sentiment is Positive. The current price of 0.11 is below the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.08, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 56.40 is Neutral, neither overbought nor oversold. The STOCH value of 86.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NCF.

Northcliff Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RTG	46 Neutral	C$57.35M	―	-82.08%	―	―	-5.00%
Sector *	44 Neutral	C$953.01M	-6.70	-13.31%	2.79%	17.55%	-32.28%
NCF	39 Underperform	C$66.77M	―	-9.08%	―	―	56.63%
FT	36 Underperform	C$45.54M	―	-20.64%	―	―	-20.34%
BKI	32 Underperform	C$30.62M	―	137.40%	―	―	-38.57%
NWST		C$43.72M	―	-4.50%	―	―	―
BCEKF		$34.92M	―	-134.67%	―	―	―

Northcliff Resources Corporate Events

Northcliff Resources Secures Funding to Advance Sisson Project

Northcliff Resources Ltd. has secured a US$15 million award from the United States Department of Defense and conditional funding of up to C$8.2 million from the Government of Canada to advance its Sisson Tungsten-Molybdenum Project in New Brunswick, Canada. This funding will support the project’s pre-construction phase, updating feasibility studies, and completing necessary engineering activities to meet environmental and technical conditions. The project aims to address supply chain vulnerabilities by providing a reliable North American source of tungsten and molybdenum, reducing reliance on China and supporting the development of new technologies and defense applications.

Spark’s Take on TSE:NCF Stock

According to Spark, TipRanks’ AI Analyst, TSE:NCF is a Underperform.

Northcliff Resources faces significant financial challenges, primarily due to its inability to generate revenue and persistent losses, which impact profitability and cash flow. Technical indicators show some positive momentum, but caution is advised due to potential overbought conditions. The negative P/E ratio highlights valuation challenges, and the lack of a dividend yield further detracts from its investment appeal. Overall, the stock’s score reflects its financial instability and valuation concerns.

To see Spark’s full report on TSE:NCF stock, click here.