Renforth Resources (TSE:RFR)
:RFR
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Renforth Resources
(RFR)
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Rating:45Neutral
Price Target:
C$0.02
▲(20.00% Upside)
Action:Reiterated
Date:04/30/26
The score is held down primarily by weak financial performance (no revenue, ongoing losses, negative free cash flow, and negative equity). Technical indicators are neutral and provide limited offset, while valuation is constrained by unprofitability (negative P/E) and no dividend support.
Positive Factors
Conservative leverage (no debt)
Zero reported debt materially lowers financial distress risk for a junior explorer, preserving strategic optionality to pursue deals or farm-outs. Over 2–6 months this structural balance-sheet conservatism reduces refinancing pressure and supports negotiating flexibility with partners or optionors.
Negative Factors
Zero revenue and persistent losses
The company reports no operating revenue and repeated net losses, which is a structural constraint for sustainability. Over 2–6 months this unprofitable profile requires continued external capital to fund exploration, limiting autonomy and increasing dilution or deal-dependence risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage (no debt)
Zero reported debt materially lowers financial distress risk for a junior explorer, preserving strategic optionality to pursue deals or farm-outs. Over 2–6 months this structural balance-sheet conservatism reduces refinancing pressure and supports negotiating flexibility with partners or optionors.
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)-0.14
Revenue GrowthN/A
EPS Growth4.17%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding385,674,100
10 Day Avg. Volume327,007
30 Day Avg. Volume292,198
Financial Highlights & Ratios
PEG Ratio2.06
Price to Book (P/B)-22.71
Price to Sales (P/S)0.00
P/FCF Ratio-11.77
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 does not operate producing mines; as a junior explorer, it typically does not generate recurring revenue from mineral production. Its funding and potential value realization are generally tied to capital markets and the monetiza...
Renforth Resources Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
22
Negative
Cash Flow
14
Very Negative
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -50.00K | 0.00 | 0.00 | 0.00 |
| EBITDA | -1.03M | -834.87K | 209.43K | -842.00K | 649.46K |
| Net Income | -887.91K | -835.00K | -2.14M | -3.66M | -3.42M |
Balance Sheet | |||||
| Total Assets | 474.47K | 313.40K | 660.20K | 2.67M | 4.65M |
| Cash, Cash Equivalents and Short-Term Investments | 404.88K | 201.31K | 356.58K | 2.26M | 4.46M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 809.46K | 769.95K | 582.75K | 763.37K | 757.97K |
| Stockholders Equity | -334.99K | -456.54K | 77.44K | 1.91M | 3.90M |
Cash Flow | |||||
| Free Cash Flow | -646.45K | -643.27K | -2.30M | -2.52M | -3.03M |
| Operating Cash Flow | -646.45K | -643.27K | -2.30M | -2.52M | -3.03M |
| Investing Cash Flow | 0.00 | 0.00 | 1.70M | 12.83K | 0.00 |
| Financing Cash Flow | 850.02K | 488.00K | 401.60K | 1.47M | 1.99M |
Renforth Resources Technical Analysis
Positive
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 Positive. The current price of 0.02 is equal to 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 Positive 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% | |
46 Neutral | C$7.90M | -14.56 | -144.55% | ― | ― | 8.33% | |
45 Neutral | C$9.64M | -7.06 | 136.07% | ― | ― | 4.17% | |
43 Neutral | C$6.80M | -7.56 | -93.08% | ― | ― | -306.96% | |
43 Neutral | C$6.92M | 1.66 | -341.20% | ― | ― | -88.89% |
* Basic Materials Sector Average
TSE:RFR
Renforth Resources
0.03
0.02
150.00%
TSE:HVG
Harvest Gold
0.06
>-0.01
-8.33%
TSE:PGC
Plato Gold
0.03
<0.01
20.00%
TSE:FENX
FenixOro Gold
0.08
0.00
0.00%
TSE:FNX
S2 Minerals
0.33
0.13
65.00%
Renforth Resources Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Renforth Raises $1 Million, Advances Parbec Drilling and Geoscience Outreach
Positive
Mar 24, 2026
Renforth Resources has closed a C$1 million private placement, issuing 40 million units at $0.025 each to investor Frank Guillemette, who also received warrants and agreed to support management through a voting arrangement for three years. The fin...
Business Operations and StrategyPrivate Placements and Financing
Renforth hires geochemical expert and launches $1 million financing for Victoria nickel project
Positive
Mar 18, 2026
Renforth Resources has retained geochemist Dr. Haydon Mort as a specialist consultant for its Victoria nickel sulphide polymetallic deposit in Québec, aiming to apply advanced 3D lithogeochemical analysis to refine exploration targeting. By d...
Business Operations and Strategy
Renforth Confirms Deposit-Wide Platinum and Palladium at Victoria Nickel Deposit
Positive
Mar 11, 2026
Renforth Resources reported results from a systematic platinum and palladium sampling program on historic drill core at its Victoria polymetallic deposit in Québec. The work followed the November 2025 initial inferred mineral resource and was...
Business Operations and Strategy
Renforth Extends Fieldwork and Refines Gold Model at Parbec Deposit in Quebec
Positive
Feb 26, 2026
Renforth Resources has intensified fieldwork at its wholly owned Parbec Gold Deposit near Malartic, Quebec, expanding chipping operations across the entire permitted 325m by 120m area and preparing for early stripping, outcrop cleaning, and channe...
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.