Scottie Resources Corp (SCOT) AI Stock Analysis

• Market Cap: C$163.31M
• Dividend Yield: N/A
• Average Volume (3M): 160.96K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.88
• Revenue Growth: N/A
• EPS Growth: 63.18%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): N/A
• Shares Outstanding: 75,607,605
• 10 Day Avg. Volume: 167,655
• 30 Day Avg. Volume: 160,961
• PEG Ratio: 0.00
• Price to Book (P/B): 6.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.97
• 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: 54 Neutral
• Price Target: C$2.00 ▲(27.39% Upside)
• Action: Reiterated Date: 02/18/26
• Date: Action: Reiterated 02/18/26

The score is held down primarily by weak financial performance (no revenue, ongoing losses, and persistent cash burn), despite a clean, debt-free balance sheet. Technicals are a key positive with a strong trend above major moving averages and positive momentum. Valuation is constrained by negative earnings (negative P/E) and no dividend support.

Positive Factors

Debt-free balance sheet

A zero-debt structure materially reduces refinancing pressure and financial risk for an exploration company that lacks operating cashflows. This durability preserves flexibility to pursue multi-stage drill programs or partner deals over months, limiting solvency risk during extended funding cycles.

Focused exploration in Golden Triangle

Operating in the prolific Golden Triangle and executing mapping, sampling, geophysics and drilling increases the structural probability of advancing targets. A concentrated, methodical exploration program builds long-lived technical value that can convert to JV interest or asset sales over the 2–6 month to multi-year horizon.

Multiple funding and monetization pathways

Having established pathways—equity raises, option/JV deals, and royalties—provides durable strategic flexibility. These avenues let the company fund exploration or de-risk projects without immediate production, enabling staged de-risking and partner-funded advancement over medium-term cycles.

Negative Factors

No revenue; persistent losses

Absence of operating revenue means the firm cannot self-fund exploration or cover overhead from operations; persistent and volatile losses force recurrent external financing, increasing dilution risk and constraining the firm's ability to consistently scale exploration programs or retain talent.

Consistent negative operating cash flow

Sustained negative operating and free cash flow is a structural weakness for a non-producing explorer: it shortens runway, compels frequent capital raises, and can force conservative program sizing. Over months this limits ability to complete larger drill campaigns or follow up discoveries promptly.

Shrinking equity base and negative ROE

A declining equity base and negative ROE indicate erosion of the balance-sheet cushion from repeated losses or dilution. This reduces optionality for partner-funded deals, increases future financing costs, and raises the probability that future raises will be dilutive or require concessions to investors.

Scottie Resources Corp Business Overview & Revenue Model

Company Description

Scottie Resources Corp., an exploration stage company, acquires, explores, and evaluates mineral properties in British Columbia, Canada. The company explores for gold, silver, and copper deposits. It holds a 100% interest in the Scottie property that includes 14 crown granted claims and 2 modified grid system (MGS) claims covering an area of 107 hectares of MGS claims and 213 hectares of crown granted claims; the Ruby Silver property that covers an area of 4,300 hectares; the Black Hills property covering an area of 1,252 hectares; and the Stock property that covers an area of 2,506.11 hectares. The company also holds interests in the American Creek properties covering an area of 2,560 hectares; the Independence property that covers an area of 2,197 hectares; and the Lower Bear properties covering an area of 4,144 hectares. In addition, it holds interests in the Silver Crown project that covers an area of 450 hectares; the Georgia project covering an area of 7,936 hectares; the Bear Pass project that covers an area of 6,000 hectares; and the Tide North project covering an area of 2,260 hectares. Further, the company has an option to acquire 100% interests in the Bow property that covers an area of 471.92 hectares; the Summit Lake property covering an area of 1,583 hectares mineral claims; and the Bitter Creek property, which consists of 42 mineral claims covering an area of 4,832 hectares. The company was formerly known as Rotation Minerals Ltd. and changed its name to Scottie Resources Corp. in January 2019. Scottie Resources Corp. was incorporated in 2009 and is based in Vancouver, Canada.

How the Company Makes Money

Scottie Resources does not typically generate recurring operating revenue from product sales because it is primarily an exploration-stage company. Instead, it funds its operations mainly through external financing and value realization from its mineral assets. Key money sources generally include: (1) Equity financing: issuing common shares (and sometimes flow-through shares, where applicable under Canadian tax rules) to raise cash used for exploration, property payments, and corporate overhead. (2) Potential asset monetization (if executed): selling mineral property interests, optioning projects to other companies, forming joint ventures, or entering royalty/streaming arrangements, which can provide upfront payments, milestone payments, and/or ongoing royalties if a project advances to production. (3) Other income (if applicable): interest income on cash balances or minor recoveries; these are typically not material relative to financing. Specific, company-year revenue figures, producing-asset cash flows, or named partnership/royalty terms are not available here and therefore are null.

Scottie Resources Corp Financial Statement Overview

Summary

Income statement and cash flow are very weak: no revenue across periods, persistent operating losses, and consistently negative operating/free cash flow implying ongoing funding needs. The main offset is a debt-free balance sheet, but equity has trended down and ROE is negative.

Income Statement

The company reports no revenue across the entire history provided (including TTM (Trailing-Twelve-Months)), while losses remain sizable and volatile. Net loss widened materially from 2024 to 2025 (annual net income moved from near breakeven in 2024 to a large loss in 2025), and TTM results remain deeply negative. With no top-line base and persistent operating losses, profitability and earnings quality are weak despite some year-to-year improvement versus the very large loss in 2023.

Balance Sheet

The balance sheet is conservatively structured with zero debt in every period shown, reducing financial risk and refinancing pressure. However, equity has trended down from earlier years (notably from 2021/2022 levels to 2024/2025), and returns on equity are negative, reflecting ongoing losses and dilution/asset consumption risk typical of pre-revenue operators. Asset levels also fluctuate, signaling a shrinking cushion at times.

Cash Flow

Cash generation is consistently negative, with operating cash flow and free cash flow remaining meaningfully below zero in all periods, including TTM (Trailing-Twelve-Months). While free cash flow improved versus the prior year (strong growth rate off a negative base), the business still requires external funding to sustain operations. The pattern of cash burn is persistent and large relative to the scale of the balance sheet, which is the key financial risk.

Breakdown	Nov 2025	Nov 2024	Nov 2023	Nov 2022	Nov 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-78.79K	-74.64K	-74.28K	-75.92K	-29.82K
EBITDA	-10.86M	-3.82M	-19.00M	-10.55M	-6.71M
Net Income	-10.94M	-3.89K	-19.07M	-9.52M	-6.39M
Balance Sheet
Total Assets	14.72M	11.81M	9.54M	19.23M	22.56M
Cash, Cash Equivalents and Short-Term Investments	13.15M	9.30M	1.46M	3.54M	7.27M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	4.54M	1.96M	2.60M	3.26M	792.01K
Stockholders Equity	10.18M	9.85M	6.93M	15.97M	21.76M
Cash Flow
Free Cash Flow	-7.66M	-7.29M	-11.12M	-8.12M	-6.77M
Operating Cash Flow	-7.46M	-7.28M	-11.00M	-6.46M	-5.97M
Investing Cash Flow	-243.96K	8.09M	-104.95K	-1.81M	2.02M
Financing Cash Flow	11.56M	7.03M	9.02M	4.54M	6.47M

Scottie Resources Corp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.57
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SCOT, the sentiment is Neutral. The current price of 1.57 is below the 20-day moving average (MA) of 2.72, below the 50-day MA of 2.27, and below the 200-day MA of 1.59, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.34 is Neutral, neither overbought nor oversold. The STOCH value of 5.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:SCOT.

Scottie Resources Corp 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%
SCOT	54 Neutral	C$163.31M	-3.64	-195.55%	―	―	63.18%
VIPR	52 Neutral	C$98.54M	-5.27	-67.67%	―	―	-57.64%
NAU	51 Neutral	C$164.26M	-14.09	-20.18%	―	―	-38.35%
PGDC	47 Neutral	C$395.29M	-46.39	-443.62%	―	14.89%	-24.08%
PGLD	46 Neutral	C$168.16M	-20.79	84.07%	―	―	-66.51%

Scottie Resources Corp Corporate Events

Scottie Resources Advances Direct-Ship Gold Strategy With Feasibility Study and Ore Sorting Milestone

Scottie Resources has engaged engineering firm Tetra Tech to lead a full Feasibility Study on its Scottie Gold Mine Project, aiming to finalize plans by the second quarter of 2027 for a direct-ship ore operation supplying gold-rich concentrate to Asian smelters. The mine plan, aligned with a prior economic assessment, calls for initial shallow open-pit production from the Blueberry Zone followed by underground mining at Blueberry and the historic Scottie Gold Mine, with no on-site processing plant or tailings facility to lower upfront capital and environmental impact.

Results from a Phase 2 ore sorting program confirmed and refined earlier test work, showing that X-Ray Transmittance technology can recover roughly 82% to 92% of contained gold while accepting 50% to 65% of the mass as product. Scottie has now selected XRT as the preferred sorting method for the Feasibility Study, supported by bulk-scale testing with industry supplier TOMRA and logistics coordination with the Stewart Bulk Terminal to handle a -75 mm concentrate, strengthening confidence in the technical and commercial viability of its direct-ship strategy.

The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$3.00 price target. To see the full list of analyst forecasts on Scottie Resources Corp stock, see the TSE:SCOT Stock Forecast page.

Scottie Resources Reshapes Leadership as Scottie Gold Mine Moves Toward Production

Scottie Resources has overhauled its leadership as it moves its Scottie Gold Mine Project toward production in British Columbia’s Golden Triangle. Long-time chief executive Brad Rourke shifts to executive chair to focus on strategic oversight and capital markets, while project geologist and strategist Dr. Thomas Mumford steps into the president and CEO role to lead operational execution and stakeholder engagement.

The company also appointed Chris Noon as chief financial officer, adding public-company mining finance and development experience gained at SilverCrest Metals. These changes, combined with full funding for the 2026 drill program, engineering studies and environmental work, are intended to support feasibility-stage advancement, expand high-grade resources at the Blueberry Contact Zone, and position Scottie for its next phase of growth toward production.

The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$3.00 price target. To see the full list of analyst forecasts on Scottie Resources Corp stock, see the TSE:SCOT Stock Forecast page.

Scottie Resources Hits Broad High-Grade Gold at Blueberry Zone in Largest Drill Program to Date

Scottie Resources reported final assay results from its 2025 drill campaign at the Blueberry Contact Zone within the Scottie Gold Mine Project in northern British Columbia. The company drilled more than 27,300 metres across 126 holes in its largest program to date, including specialized work on ground stability and water studies to support potential future mine development.

The season delivered the best gold intercept ever recorded on the property and demonstrated consistent high-grade mineralization across multiple subzones. Nearly half of all holes returned strong gold grades, and a notable portion delivered exceptionally high grades, reinforcing the project’s potential as Scottie moves toward an ambitious 2026 drill program and progression to a feasibility study targeted for 2027.

The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$3.00 price target. To see the full list of analyst forecasts on Scottie Resources Corp stock, see the TSE:SCOT Stock Forecast page.

Scottie Resources Extends High-Grade Gold Continuity at Blueberry Zone

Scottie Resources reported new high-grade assay results from its 2025 drill program at the Blueberry Contact Zone on the Scottie Gold Mine Project in northern British Columbia. The work has turned Blueberry from a lightly drilled vein into a core growth asset, with the PEA envisioning initial open-pit mining at Blueberry followed by underground mining at both Blueberry and the historic Scottie Gold Mine.

Recent infill and expansion drilling returned standout intercepts including 141 g/t gold over 4.55 metres and 54.6 g/t gold over 7.05 metres, alongside numerous other high-grade gold and silver hits across subzones such as Fifi, BB Vein, and Lemoffe. Management says the consistent grades and continuity at Blueberry strengthen the project’s development strategy and suggest potential to improve already robust project economics and create further value for shareholders.

The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Scottie Resources Corp stock, see the TSE:SCOT Stock Forecast page.

Scottie Resources Extends High-Grade Gold Mineralization at Blueberry Contact Zone

Scottie Resources reported additional high-grade gold assay results from its 2025 drilling program at the Blueberry Contact Zone within the Scottie Gold Mine Project in British Columbia. The latest intercepts, including 30.42 grams per tonne gold over 5.60 metres and 9.67 grams per tonne gold over 8.85 metres, come from the BB Vein and Fifi Vein zones and underscore the presence of shallow, well-defined mineralization.

These results support the recently released preliminary economic assessment by demonstrating strong grade continuity across wide vein zones that are integral to the early underground mine plan. Ongoing geological modelling of the 2025 drilling data is refining the understanding of the Blueberry Contact Zone, guiding target generation and drill priorities for the upcoming field season and bolstering confidence in the project’s near-term production potential and value growth.

The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Scottie Resources Corp stock, see the TSE:SCOT Stock Forecast page.

Scottie Resources Extends High-Grade Gold at Blueberry Contact Zone

Scottie Resources reported new high-grade gold assay results from its 2025 drilling campaign at the Blueberry Contact Zone within the Scottie Gold Mine Project in northern British Columbia. The latest holes returned standout intercepts, including 30.42 grams per tonne gold over 5.60 metres and 9.67 grams per tonne gold over 8.85 metres from the BB and Fifi vein systems.

These shallow, well-defined zones are described as integral to the early years of Scottie’s underground mine plan and are aligned with assumptions used in its recently released preliminary economic assessment. Management says the strong grade continuity across wide vein zones is boosting confidence in mine design and near-term production potential, while ongoing geological modelling will guide drill targeting to expand high-grade zones and test new concepts in the coming field season.

The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Scottie Resources Corp stock, see the TSE:SCOT Stock Forecast page.

Scottie Resources Extends High-Grade Gold Mineralization at Blueberry Contact Zone

Scottie Resources reported new high-grade gold assay results from its 2025 drill program at the Blueberry Contact Zone on the Scottie Gold Mine Project in northwestern British Columbia, including standout intercepts of 15.8 g/t gold over 12.0 metres and 10.4 g/t gold over 8.95 metres. The latest drilling continues to confirm strong grade and continuity within areas covered by a recent preliminary economic assessment, while step-out holes are extending mineralization beyond the current conceptual open-pit limits, underscoring both the geological predictability of the system and the project’s growth and exploration upside as Scottie works to de-risk the asset and support future mine planning.

The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Scottie Resources Corp stock, see the TSE:SCOT Stock Forecast page.

Scottie Resources Extends High-Grade Gold at Blueberry Contact Zone, Bolstering Scottie Mine Economics

Scottie Resources reported further strong assay results from its 2025 drilling program at the Blueberry Contact Zone on the Scottie Gold Mine Project, including intercepts of 34.3 g/t gold over 3.30 metres and 9.97 g/t gold over 9.70 metres across multiple vein zones. The new results, which feature several near-surface high-grade intervals and robust grades from the Road, BB Vein, Lemoffe and FiFi subzones, bolster confidence in the continuity and predictability of the mineralized system and help de-risk the project’s recent economic study by improving confidence in mine planning and future development scenarios, with the company emphasizing it is fully funded to continue drilling in 2026.

The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Scottie Resources Corp stock, see the TSE:SCOT Stock Forecast page.

Scottie Resources Hits High-Grade Gold at Scottie Mine, Bolstering Economics of B.C. Project

Scottie Resources reported strong 2025 drill results from multiple high-grade zones at its Scottie Gold Mine Project, highlighted by 14.8 g/t gold over 9.8 metres, including 69.8 g/t over 2.0 metres in the M-Zone, and 17.6 g/t gold over 4.4 metres, alongside additional notable intercepts from the Wolf, P-, N-, L- and O-Zones. Management says the grades, which significantly exceed typical global open-pit and underground averages, enhance the project’s economic potential, de-risk and strengthen its new PEA, and support the case for capital-light development leveraging existing mine infrastructure; the company will use the 2025 results and drone-assisted 3D scanning of historic workings to remodel vein zones, refine 2026 drill targeting, and pursue further resource expansion.

The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Scottie Resources Corp stock, see the TSE:SCOT Stock Forecast page.

Scottie Resources Posts High-Grade Gold Hits, Bolstering Scottie Mine Economics

Scottie Resources reported the final 2025 drill results from the Scottie Gold Mine and associated vein systems, highlighted by a 14.8 g/t gold intercept over 9.8 metres, including 69.8 g/t over 2.0 metres, in the M-Zone, as well as 17.6 g/t over 4.4 metres and several other high-grade hits in the M- and Wolf Zones. Management said these consistently strong grades, which exceed typical global open-pit and underground averages, enhance the economic potential and de-risk the company’s recently released preliminary economic assessment by reinforcing confidence in a robust, multi-zone mineralized system near existing underground workings, and will inform 2026 drilling and 3D mine-scanning programs aimed at resource expansion, better mine planning and potentially more capital-efficient development.

The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Scottie Resources Corp stock, see the TSE:SCOT Stock Forecast page.

Scottie Resources Hits High-Grade Gold and Discovers New Vein at Scottie Gold Mine Project

Scottie Resources reported strong 2025 drill results from the Fifi, Road and Bend areas of its Scottie Gold Mine Project in northwest British Columbia, including a standout intercept of 16.1 g/t gold over 4.6 metres at the Fifi vein and the discovery of a new near-surface gold vein in the Bend area. The campaign also returned high-grade mineralization at the Road Zone outside the current resource model but within the existing open-pit shell, supporting resource expansion potential, improved grade continuity, and greater flexibility for future mine planning, which collectively enhances the project’s economic prospects and underscores the upside of Scottie’s systematic exploration strategy.

The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Scottie Resources Corp stock, see the TSE:SCOT Stock Forecast page.

Scottie Resources Extends High-Grade Gold at Blueberry Contact Zone

Scottie Resources reported new high-grade gold assay results from its 2025 drilling campaign at the Blueberry Contact Zone within the Scottie Gold Mine Project, including a standout intercept of 6.41 g/t gold over 14.0 metres in the Fifi vein and several other strong hits across multiple sub-zones. The results support the company’s strategy to expand its resource base, upgrade existing resources from inferred to indicated, and underpin the mine plan outlined in its recent economic study, with management emphasizing that the high-grade open-pit component could potentially fund both mine construction and underground development, reinforcing the project’s attractiveness and growth potential for stakeholders.

The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Scottie Resources Corp stock, see the TSE:SCOT Stock Forecast page.