Renforth Resources (RFR) AI Stock Analysis

• Market Cap: C$7.71M
• Dividend Yield: N/A
• Average Volume (3M): 177.94K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.78
• Revenue Growth: N/A
• EPS Growth: 5.36%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 385,674,100
• 10 Day Avg. Volume: 187,525
• 30 Day Avg. Volume: 177,938
• PEG Ratio: -0.10
• Price to Book (P/B): -11.46
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.49
• 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: 21 Underperform
• Price Target: ―

Renforth Resources faces critical financial distress with zero revenue, significant net losses, and negative cash flows. The technical analysis indicates weak momentum and potential overbought conditions, while valuation metrics reflect unattractive prospects with a negative P/E ratio. These factors collectively suggest a high-risk investment profile requiring strategic intervention.

Renforth Resources Business Overview & Revenue Model

Company Description

Renforth Resources Inc. (RFR) is a Canadian-based exploration company focused on the discovery and development of mineral resources, primarily in the province of Quebec. The company is engaged in the acquisition, exploration, and development of mineral properties, with a particular emphasis on gold and battery metals such as nickel. Renforth Resources aims to advance its projects through exploration and strategic partnerships, enhancing shareholder value through resource discovery and development.

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 its mineral assets through exploration success, which can attract partnerships or investments from larger mining companies. Additionally, Renforth Resources may generate revenue by selling or optioning its mineral properties to other companies or through joint ventures. The company also benefits from any potential increases in the market value of the minerals it discovers, which can enhance the overall valuation of its projects and provide opportunities for monetization through asset sales or stock offerings.

Renforth Resources Financial Statement Overview

Summary

Renforth Resources faces severe financial challenges with zero revenue generation, persistent net losses, and negative cash flows, suggesting operational and financial distress. The balance sheet reveals potential solvency issues with negative equity, despite no debt burden. The company's financial position is precarious, requiring strategic shifts to improve sustainability.

Income Statement

Renforth Resources has consistently reported zero revenue, indicating an absence of income generation activities. The company shows persistent negative net income, with notably worsening net losses over the years, reaching -1.82 million CAD in the TTM. The EBIT and EBITDA margins are negative, reflecting significant operational challenges and lack of profitability.

Balance Sheet

The balance sheet reflects a negative stockholders' equity as of the TTM, highlighting potential insolvency risks. The absence of debt is a positive aspect, but extremely low asset levels and negative equity suggest financial instability. The equity ratio is negative, further emphasizing the company's financial distress.

Cash Flow

The company exhibits negative free cash flow and operating cash flow, indicating cash burn without revenue support. While there is some financing cash flow, it primarily covers operating losses. The lack of revenue and persistent negative cash flow ratios highlight liquidity challenges.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-50.00K	0.00	0.00	0.00	0.00
EBITDA	0.00	209.43K	-842.00K	649.46K	4.85M
Net Income	-835.00K	-2.14M	-3.66M	-3.42M	1.36M
Balance Sheet
Total Assets	313.40K	660.20K	2.67M	4.65M	7.04M
Cash, Cash Equivalents and Short-Term Investments	201.31K	356.58K	2.26M	4.46M	6.71M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	769.95K	582.75K	763.37K	757.97K	2.10M
Stockholders Equity	-456.54K	77.44K	1.91M	3.90M	4.94M
Cash Flow
Free Cash Flow	-643.27K	-2.30M	-2.52M	-3.03M	-3.14M
Operating Cash Flow	-643.27K	-2.30M	-2.52M	-3.03M	-998.40K
Investing Cash Flow	0.00	1.70M	12.83K	0.00	0.00
Financing Cash Flow	488.00K	401.60K	1.47M	1.99M	4.12M

Renforth Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 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:RFR, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.01, and above the 200-day MA of 0.01, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.58 is Neutral, neither overbought nor oversold. The STOCH value of 88.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RFR.

Renforth Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	75 Outperform	C$3.58B	14.19	39.28%	―	105.06%	481.75%
GMA	59 Neutral	C$36.57M	―	-65.04%	―	-89.84%	-16.41%
CNC	54 Neutral	$180.94M	―	-6.04%	―	―	91.44%
Sector *	44 Neutral	AU$1.51B	-6.22	-41.37%	3.85%	-3.52%	-43.04%
BTR	39 Underperform	C$32.02M	―	-129.79%	―	―	-4.84%
RFR	21 Underperform	C$7.71M	―	-638.22%	―	―	5.36%

Renforth Resources Corporate Events

Renforth Resources Advances Parbec Gold Deposit Update

Renforth Resources Inc. has commenced an update to the NI43-101 Mineral Resource Estimate for its Parbec gold deposit, incorporating new drill data to improve its deposit model. This update aims to enhance the company’s efforts to generate cash flow from the gold resource, which could be used to further develop their nearby large-scale nickel sulphide polymetallic system. The company is also exploring the potential of using advanced ‘surgical drilling’ technology to minimize environmental impact. Additionally, Renforth is testing TOMRA’s sorting technology to optimize processing by removing waste rock, which could lower costs and improve ore grade. The company has also discovered mineralized ultramafic material at the Victoria nickel sulfide polymetallic structure, potentially expanding the amount of mineralized material and raising questions about the relationship with the nearby Lalonde structure.

Renforth Resources Updates Parbec Gold Deposit Plans

Renforth Resources Inc. has announced a series of developments at their Parbec Gold Deposit in Quebec, aiming to enhance their understanding of the deposit and move towards potential production. These initiatives include updating the resource estimate, permitting for dewatering underground access, and testing technology to optimize gold recovery. With these efforts, Renforth seeks to increase the value of their assets amid a favorable gold price environment.

Renforth Resources Announces Private Placement and Webinar

Renforth Resources Inc. is raising $250,000 through a non-brokered private placement to fund exploration on its Malartic Metals Package property in Quebec, known for its diverse mineral occurrences, including battery minerals and precious metals. The company is also hosting a virtual Town Hall to discuss 2024 developments and future exploration plans, inviting shareholders and interested parties to participate.