Origen Resources (ORGN) AI Stock Analysis

• Market Cap: C$4.04M
• Dividend Yield: N/A
• Average Volume (3M): 9.77K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: N/A
• EPS Growth: 82.04%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 57,730,152
• 10 Day Avg. Volume: 5,906
• 30 Day Avg. Volume: 9,769
• PEG Ratio: 0.04
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.44
• 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: 44 Neutral
• Price Target: C$0.07 ▲(21.67% Upside)

The score is primarily constrained by weak financial performance (no revenue, recurring losses, and ongoing cash burn). Technicals also remain bearish with the stock trading below key moving averages and negative MACD, while valuation is limited by negative earnings and no dividend support.

Positive Factors

Debt-free balance sheet

Zero total debt materially lowers solvency and rollover risk for an early-stage exploration firm. This structural strength improves survivability through commodity cycles, reduces fixed financing costs, and preserves optionality to raise capital on more favorable terms when needed.

Meaningful equity relative to assets

A sizable equity buffer versus assets provides a durable capital cushion to fund exploration programs and absorb losses without immediate insolvency. It supports negotiating partnerships or transactions and limits short-term forced asset sales in a volatile minerals cycle.

Improving cash burn trend

A reduction in free cash flow burn indicates improved capital efficiency or lower discretionary spend, which is a constructive multi-month trend. While still negative, this structural improvement eases near-term financing pressure and suggests management is moving toward a more sustainable cash profile.

Negative Factors

No revenue across reporting periods

Absent any revenue, the firm's value creation relies entirely on exploration success or transactions rather than operating cash generation. This structural limitation increases execution risk, heightens funding dependency, and lengthens the path to self-sustaining operations.

Persistent negative operating cash flow

Consistent negative operating cash flow is a durable weakness that forces reliance on external capital or asset sales. It constrains the company’s ability to advance projects independently and raises the probability of equity dilution or transaction-driven financing over the coming months.

Ongoing losses and declining equity

Negative ROE and falling shareholder equity signal weak capital efficiency and erosion of the balance-sheet buffer. Over a multi-month horizon this increases vulnerability to funding shocks and may necessitate dilutive raises or strategic asset sales to sustain exploration activity.

Origen Resources Business Overview & Revenue Model

Company Description

Origen Resources, Inc. (ORGN) is a natural resources company focused on the acquisition, exploration, and development of mineral properties. The company operates primarily in the mining sector, targeting valuable mineral deposits such as gold and copper. Origen Resources aims to identify and capitalize on high-potential resource opportunities, leveraging advanced exploration techniques and strategic partnerships to enhance value for its stakeholders.

How the Company Makes Money

Origen Resources, Inc. generates revenue through the exploration and development of mineral properties. The company's primary revenue streams include the sale of mineral rights, extraction and sale of minerals such as gold and copper, and joint venture partnerships with other mining companies. These partnerships often involve shared investment and risk, allowing Origen Resources to access additional expertise and financial resources. Furthermore, the company may engage in strategic property sales or lease agreements, contributing to its overall earnings. Factors such as commodity prices, exploration success, and market demand significantly influence the company's revenue potential.

Origen Resources Financial Statement Overview

Summary

Financial quality is weak due to no reported revenue, recurring net losses, and consistently negative operating and free cash flow. The main offset is a conservative balance sheet with zero debt and meaningful equity, which reduces solvency risk but does not resolve ongoing cash burn.

Income Statement

The company reports no revenue across all periods provided, which limits visibility into operating momentum and business scalability. Losses are persistent: net income is negative in the latest TTM (Trailing-Twelve-Months) (-573k) and in most annual periods, though the magnitude improved versus the large 2024 loss (-3.17M) and losses have generally narrowed from prior years. Profitability remains weak with ongoing operating losses (negative EBIT), and the latest TTM shows an unusual split where EBITDA is positive while EBIT and net income are negative, suggesting results are heavily influenced by non-cash or below-EBIT items rather than sustainable operating earnings.

Balance Sheet

The balance sheet is conservatively financed with zero total debt and a 0.0 debt-to-equity ratio in all periods, which reduces financial risk and improves survivability in a volatile metals/exploration context. Equity remains meaningful in the latest TTM (Trailing-Twelve-Months) (~3.78M) against total assets (~4.46M). However, shareholder value creation is weak: return on equity is negative in the latest TTM (-16.2%) and most years (except 2022), and equity has trended down from 2022–2023 levels, consistent with ongoing losses and cash burn.

Cash Flow

Cash generation is a key weakness: operating cash flow is negative in the latest TTM (Trailing-Twelve-Months) (-386k) and in every annual period shown, indicating the business is not self-funding. Free cash flow is also consistently negative (TTM -992k), implying continued reliance on external capital or asset monetization to sustain operations. There is some near-term improvement versus the last annual period (free cash flow burn reduced from -1.25M in 2024 to -992k TTM), but overall cash flow quality remains pressured and not yet stable.

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	205.54K	-720.98K	-620.00K	-814.00K	-1.08M	-1.09M
Net Income	-573.47K	-720.98K	-3.17M	-2.51M	2.34M	-1.33M
Balance Sheet
Total Assets	4.46M	4.22M	4.56M	7.03M	8.05M	4.80M
Cash, Cash Equivalents and Short-Term Investments	894.99K	965.22K	261.18K	598.35K	1.91M	2.03M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	676.79K	825.23K	487.05K	565.81K	685.78K	396.01K
Stockholders Equity	3.78M	3.40M	4.08M	6.46M	7.36M	4.41M
Cash Flow
Free Cash Flow	-991.70K	-595.40K	-1.25M	-2.20M	-1.80M	-1.40M
Operating Cash Flow	-386.28K	-148.62K	-915.10K	-266.66K	-793.15K	-1.01M
Investing Cash Flow	107.86K	56.63K	-60.97K	-1.38M	809.76K	-226.36K
Financing Cash Flow	572.09K	0.00	687.18K	1.46M	453.38K	1.43M

Origen Resources Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.06
• 50DMA: Negative
• 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:ORGN, the sentiment is Neutral. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.08, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 48.80 is Neutral, neither overbought nor oversold. The STOCH value of 111.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:ORGN.

Origen 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%
AMZ	49 Neutral	C$5.54M	-13.16	-25.74%	―	―	98.11%
WLR	49 Neutral	C$2.93M	5.05	-871.21%	―	―	―
ADZ	47 Neutral	C$3.06M	-0.83	-46.57%	―	―	-58.05%
STNG	46 Neutral	C$3.23M	-2.39	-14.54%	―	―	-24.20%
ORGN	44 Neutral	C$4.04M	-5.69	-15.33%	―	―	82.04%
MLKM	39 Underperform	C$5.05M	―	-14.12%	―	―	―

Origen Resources Corporate Events

Origen Advances Acquisition of Brazilian Rare Earths Licences After Positive Fieldwork

Origen Resources will proceed with the acquisition of two rare earth element licences covering 3,978 hectares in an emerging REE district in Brazil’s Piauí State, after completing a positive due diligence fieldwork program that confirmed evidence of REE mineralization and strong basin-scale exploration potential. Field investigations, including soil and rock sampling, handheld XRF analysis, SEM work and radiometric surveying, indicate REE enrichment associated with laterites, phosphate nodules and shallow-dipping strata, providing a clear framework for future target generation and follow-up exploration. Under the agreed terms, Origen will acquire a 90% interest in the licences by paying US$50,000, issuing 2 million shares, and spending US$1 million on exploration within two years, after which the vendor will receive additional shares to reach 15% ownership and a board seat, while also granting Origen a right of first refusal over five analogous concessions in the same region, consolidating a potential first-mover, basin-scale land position in this emerging Brazilian REE district.

Origen Resources Unveils Promising Exploration Results in Southern B.C.

Origen Resources Inc. has announced promising results from its LiDAR and rock sampling programs at the Broken Handle and Bonanza projects in southern British Columbia. The findings have unveiled numerous potential historical workings, leading to the discovery of significant mineralized showings, including high-grade silver, copper, and gold. These results have prompted the company to expand its claims and plan an aggressive exploration program for 2026, which could enhance its positioning in the critical metals market and potentially rival historic mining camps in the region.

Origen Resources Identifies New Gold-Silver Targets at Wishbone Project

Origen Resources Inc. has announced the results of an induced polarization geophysical program at its 100% owned Wishbone Gold-Silver Project in the Golden Triangle, British Columbia. The survey identified distinct resistivity and chargeability features corresponding to known gold-silver vein mineralization and revealed new targets, encouraging further exploration and a potential drilling campaign in 2026. This development could enhance Origen’s positioning in the mineral exploration industry and offer new opportunities for stakeholders.