Renforth Resources (TSE:RFR)
:RFR
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Renforth Resources
(RFR)
Select Model
Select Model
Rating:47Neutral
Price Target:
C$0.02
▲(0.00% Upside)
Action:ReiteratedDate:01/13/26
The score is primarily constrained by weak financial performance (pre-revenue, ongoing losses and cash burn, and negative equity/declining assets). Technicals are somewhat supportive with price holding above key moving averages, but momentum is mixed and near-term signals show overbought risk. Valuation is also a headwind due to ongoing losses and no dividend support.
Positive Factors
Low financial leverage
Zero reported debt reduces financial leverage and interest obligations, giving management flexibility to prioritize exploration investment and structure funding on favorable terms. Over 2-6 months this lowers immediate solvency pressure and preserves optionality for project advancement.
Negative Factors
No operating revenue
The company reports no operating revenue, reflecting a pre-revenue exploration profile. This structural lack of internal cash generation forces dependence on external financing, raising ongoing dilution and financing risk and limiting self-sufficiency compared with revenue-generating peers.
Read all positive and negative factors
Positive Factors
Negative Factors
Low financial leverage
Zero reported debt reduces financial leverage and interest obligations, giving management flexibility to prioritize exploration investment and structure funding on favorable terms. Over 2-6 months this lowers immediate solvency pressure and preserves optionality for project advancement.
Read all positive factors
Renforth Resources (RFR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$9.64M
Dividend YieldN/A
Average Volume (3M)292.20K
Price to Earnings (P/E)―
Beta (1Y)0.04
Revenue GrowthN/A
EPS Growth60.38%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)0.00
Shares Outstanding385,674,100
10 Day Avg. Volume327,007
30 Day Avg. Volume292,198
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)-7.63
Price to Sales (P/S)0.00
P/FCF Ratio-5.42
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
Renforth Resources Business Overview & Revenue Model
Company Description
Renforth Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It owns interests in the Surimeau District battery metals property in Quebec; Parbec gold deposit, a surface gold deposit in Malartic...
How the Company Makes Money
Renforth Resources makes money primarily through the acquisition and exploration of mineral properties, leading to the discovery and development of valuable mineral resources. The company's revenue model is centered around increasing the value of ...
Renforth Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -50.00K | -50.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -655.93K | -834.87K | 209.43K | -842.00K | 649.46K | 4.85M |
| Net Income | -764.05K | -835.00K | -2.14M | -3.66M | -3.42M | 1.36M |
Balance Sheet | ||||||
| Total Assets | 66.49K | 313.40K | 660.20K | 2.67M | 4.65M | 7.04M |
| Cash, Cash Equivalents and Short-Term Investments | 42.09K | 201.31K | 356.58K | 2.26M | 4.46M | 6.71M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 746.65K | 769.95K | 582.75K | 763.37K | 757.97K | 2.10M |
| Stockholders Equity | -680.16K | -456.54K | 77.44K | 1.91M | 3.90M | 4.94M |
Cash Flow | ||||||
| Free Cash Flow | -583.85K | -643.27K | -2.30M | -2.52M | -3.03M | -3.14M |
| Operating Cash Flow | -583.85K | -643.27K | -2.30M | -2.52M | -3.03M | -998.40K |
| Investing Cash Flow | 0.00 | 0.00 | 1.70M | 12.83K | 0.00 | 0.00 |
| Financing Cash Flow | 508.00K | 488.00K | 401.60K | 1.47M | 1.99M | 4.12M |
Renforth Resources Technical Analysis
Neutral
0.02
Price Trends
0.02
Negative
0.02
Negative
0.02
Positive
Market Momentum
>-0.01
Negative
49.89
Neutral
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RFR, the sentiment is Neutral. The current price of 0.02 is below 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 49.89 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:RFR.
Renforth Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | C$7.42M | -7.56 | -93.08% | ― | ― | -230.94% | |
47 Neutral | C$9.64M | -17.71 | 136.07% | ― | ― | 60.38% | |
46 Neutral | C$8.14M | -14.56 | -144.55% | ― | ― | 17.98% | |
43 Neutral | C$8.07M | -7.93 | -341.20% | ― | ― | -364.29% |
* Basic Materials Sector Average
TSE:RFR
Renforth Resources
0.03
0.02
150.00%
TSE:HVG
Harvest Gold
0.06
0.04
200.00%
TSE:PGC
Plato Gold
0.04
0.01
40.00%
TSE:FENX
FenixOro Gold
0.08
0.00
0.00%
TSE:FNX
S2 Minerals
0.34
0.16
88.89%
Renforth Resources Corporate Events
Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
Renforth Raises Funds and Prepares New Drilling at Victoria Polymetallic Deposit
Positive
Jan 5, 2026
Renforth Resources has completed a $200,000 flow-through financing at $0.02 per share to fund drilling at its Victoria polymetallic deposit near Malartic, Québec, and expects an additional closing of common share units by mid-January. The com...
Business Operations and StrategyPrivate Placements and Financing
Renforth Resources Advances Exploration and Secures Financing for Quebec Projects
Positive
Dec 9, 2025
Renforth Resources has announced the commencement of the permitting process for an underground bulk sampling at its Parbec Gold deposit, with plans to resume surface stripping in spring 2026. Additionally, the company is conducting fieldwork at th...
Business Operations and Strategy
Renforth Resources Explores Sustainable Mining at Victoria Deposit
Positive
Dec 1, 2025
Renforth Resources has partnered with the Centre Technologique des Résidus Industriels (CTRI) to explore sustainable technologies for its Victoria nickel polymetallic open pit deposit in Quebec. The collaboration focuses on three initiatives:...
Private Placements and Financing
Renforth Resources Completes $209,000 Financing Round
Positive
Nov 13, 2025
Renforth Resources Inc. has successfully completed its final financing round, raising $209,000 through the issuance of shares and warrants. This fundraising effort supports the company’s ongoing mineral exploration initiatives, potentially e...
Business Operations and StrategyRegulatory Filings and Compliance
Renforth Resources Files NI 43-101 Report for Quebec Nickel Deposit
Positive
Nov 11, 2025
Renforth Resources has filed a NI 43-101 Technical Report that includes an initial Inferred Mineral Resource Estimate for their Victoria nickel sulphide polymetallic deposit in Quebec. This report also covers other mineralization areas within the ...
Business Operations and StrategyPrivate Placements and Financing
Renforth Resources Advances Parbec Exploration and Secures Financing
Positive
Nov 6, 2025
Renforth Resources has completed its seasonal stripping activities at the Parbec Gold deposit, revealing unexpected geological structures that support previous drill data interpretations. The company plans to continue exploration efforts in the sp...
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.