Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
-3.03K | -3.12K | -3.92K | -813.00 | -569.00 | -518.00 | EBIT |
-1.27M | -1.27M | -5.54M | -1.12M | -1.25M | -184.36K | EBITDA |
-1.23M | -1.27M | -5.53M | -5.70M | -1.42M | -143.84K | Net Income Common Stockholders |
-1.24M | -1.28M | -5.59M | -8.86M | -1.43M | -150.55K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
775.99K | 494.38K | 883.24K | 4.99M | 4.35M | 137.65K | Total Assets |
860.03K | 589.37K | 1.05M | 13.25M | 15.03M | 7.97M | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
-147.75K | -38.94K | -450.10K | -201.25K | -279.44K | -95.65K | Total Liabilities |
171.15K | 117.61K | 281.44K | 205.03K | 293.68K | 109.09K | Stockholders Equity |
688.87K | 471.76K | 771.12K | 13.04M | 14.73M | 7.86M |
Cash Flow | Free Cash Flow | ||||
-1.32M | -1.21M | -4.09M | -4.90M | -1.57M | -410.71K | Operating Cash Flow |
-1.32M | -1.21M | -4.09M | -1.54M | -302.01K | -330.49K | Investing Cash Flow |
62.15K | -49.08K | 4.34M | -4.08M | -5.27M | -30.23K | Financing Cash Flow |
843.84K | 843.84K | 0.00 | 5.54M | 5.75M | 210.00K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
57 Neutral | $7.22B | 3.15 | -4.49% | 5.63% | 0.82% | -49.15% | |
48 Neutral | C$8.68M | ― | -392.20% | ― | ― | 82.89% | |
45 Neutral | C$274.35M | ― | -120.17% | ― | ― | -22.62% | |
39 Underperform | C$3.63M | ― | -11.52% | ― | ― | 40.00% | |
37 Underperform | C$10.52M | ― | -86.91% | ― | ― | -200.00% | |
32 Underperform | C$66.17M | ― | -213.92% | ― | ― | 29.90% |
Canstar Resources Inc. announced the approval of key resolutions at its recent Annual General and Special Meeting, including the election of a new board of directors and amendments to its stock option plan. The company also welcomed Nyla Beth Gawel, a seasoned executive with Fortune 500 experience, to its board, enhancing its strategic capabilities. Additionally, Robert Bruggeman transitioned to the advisory board, continuing his influence on the company’s strategic direction.
Spark’s Take on TSE:ROX Stock
According to Spark, TipRanks’ AI Analyst, TSE:ROX is a Neutral.
Canstar Resources faces substantial financial challenges with no revenue and ongoing losses, which is a major concern. However, positive technical momentum and strategic corporate events, such as the $11.5M investment, offer potential for future improvement. The negative valuation metrics, including an unattractive P/E ratio, weigh on the overall score.
To see Spark’s full report on TSE:ROX stock, click here.
Canstar Resources Inc. has entered into a letter of intent with VMS Mining Corporation for an $11.5 million strategic investment to accelerate exploration at its Buchans and Mary March projects in Newfoundland. This joint venture aims to fast-track high-grade discoveries, leveraging VMSC’s expertise and funding while allowing Canstar to maintain a significant commercial interest. The investment will support exploration efforts adjacent to high-grade VMS deposits, enhancing Canstar’s industry positioning and offering potential benefits to stakeholders through increased project value and development opportunities.
Spark’s Take on TSE:ROX Stock
According to Spark, TipRanks’ AI Analyst, TSE:ROX is a Neutral.
Canstar Resources faces significant financial challenges, with ongoing losses and declining assets. However, technical indicators suggest positive momentum, and a new exploration program could potentially improve future prospects. The company’s negative P/E ratio and lack of dividend yield diminish its valuation attractiveness.
To see Spark’s full report on TSE:ROX stock, click here.
Canstar Resources Inc. has initiated a geophysics program in the historic Buchans mining district to explore new high-grade metal deposits. Utilizing advanced technology from Abitibi Geophysics, the program aims to refine drilling targets by identifying stockwork zones and related mineralization, potentially leading to new discoveries akin to the historic Buchans VMS deposits. The initiative builds on previous exploration efforts and could significantly impact Canstar’s operations and positioning in the mining industry by unlocking new high-grade resources.