Scottie Resources Corp (SCOT) AI Stock Analysis

• Market Cap: C$41.48M
• Dividend Yield: N/A
• Average Volume (3M): 38.69K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.93
• Revenue Growth: N/A
• EPS Growth: 78.31%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Other Precious Metals
• EPS (TTM): -0.09
• Shares Outstanding: 49,969,936
• 10 Day Avg. Volume: 33,141
• 30 Day Avg. Volume: 38,691
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -3.80
• P/FCF Ratio: 0.00
• 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

Scottie Resources Corp's low financial performance score reflects the challenges of an exploration-stage company with no revenue and ongoing losses, offset somewhat by a strong equity position. Technical analysis shows mixed signals with no strong momentum. The valuation is weak due to lack of profitability. However, recent corporate events suggest potential positive developments, improving the overall outlook slightly.

Scottie Resources Corp Business Overview & Revenue Model

Company Description

Scottie Resources Corp (SCOT) is a mineral exploration company focused on the acquisition, exploration, and development of gold and silver properties in British Columbia, Canada. The company's primary asset is the Scottie Gold Mine Project, located in the prolific Golden Triangle region. Scottie Resources is committed to enhancing shareholder value through strategic exploration and development activities.

How the Company Makes Money

Scottie Resources Corp primarily makes money through the exploration and potential development of its mineral properties. The company generates revenue by discovering and defining mineral resources, which can then be sold, developed into operating mines, or partnered with larger mining companies. Scottie Resources may also earn income through joint ventures, option agreements, and royalty agreements with other mining entities interested in its projects. The company's financial success heavily depends on the discovery of economically viable mineral deposits, market conditions for gold and silver, and effective management of exploration costs.

Scottie Resources Corp Financial Statement Overview

Summary

Scottie Resources Corp shows typical characteristics of an exploration-stage mining company with no operational revenue and significant expenses leading to ongoing losses. The strong equity position and lack of debt are positives, but sustained negative cash flows and asset declines pose significant risks to future operations without new funding or revenue streams.

Income Statement

The company has consistently reported zero revenue across multiple periods, highlighting a lack of operational revenue generation typical for an exploration stage mining company. The negative EBIT and net income reflect ongoing operational and financial challenges with no gross profit or revenue growth to offset these losses.

Balance Sheet

The company maintains a healthy equity position with a strong equity ratio of approximately 95.5% as of the latest period. The absence of debt provides financial flexibility, but the declining total assets and equity indicate potential risks in long-term financial sustainability.

Cash Flow

The company has negative free cash flow, reflecting high cash burn and capital expenditure needs typical for a mining exploration company. Although financing activities have been the primary source of cash inflow, persistent negative operating cash flow raises concerns about long-term liquidity.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-38.34K	0.00	-74.28K	-75.92K	-29.82K	-1.40K
	EBIT
-2.43M	―	-11.33M	-10.62M	-6.74M	-4.15M
	EBITDA
-7.94M	―	-19.00M	-10.55M	-6.71M	-4.15M
	Net Income Common Stockholders
-4.46M	―	-19.07M	-9.52M	-6.39M	-3.87M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.17M	9.30M	1.46M	3.54M	7.27M	4.74M
	Total Assets
8.59M	11.81M	9.54M	19.23M	22.56M	9.10M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-6.17M	-9.30M	-1.46M	-3.54M	-7.27M	-4.74M
	Total Liabilities
383.70K	1.96M	2.60M	3.26M	792.01K	447.28K
	Stockholders Equity
8.21M	9.85M	6.93M	15.97M	21.76M	8.65M
Cash Flow		Free Cash Flow
-7.46M	-7.29M	-11.12M	-8.12M	-6.77M	-6.30M
	Operating Cash Flow
-7.45M	-7.28M	-11.00M	-6.46M	-5.97M	-5.22M
	Investing Cash Flow
8.09M	8.09M	-104.95K	-1.81M	2.02M	-1.03M
	Financing Cash Flow
4.87M	7.03M	9.02M	4.54M	6.47M	10.81M

Scottie Resources Corp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.83
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SCOT, the sentiment is Negative. The current price of 0.83 is below the 20-day moving average (MA) of 0.94, below the 50-day MA of 0.94, and below the 200-day MA of 0.97, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.51 is Neutral, neither overbought nor oversold. The STOCH value of 37.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SCOT.

Scottie Resources Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KDK	55 Neutral	C$30.14M	―	-8.20%	―	―	-22.63%
Sector *	47 Neutral	$2.36B	-2.99	-21.59%	3.58%	4.21%	-28.30%
SCOT	46 Neutral	C$41.48M	―	-57.00%	―	―	78.31%
AOT	39 Underperform	C$103.32M	―	-8.07%	―	―	-101.02%
BBB	38 Underperform	C$31.99M	―	-67.17%	―	―	26.55%
TK	37 Underperform	C$18.39M	―	-1.26%	―	―	35.14%
SKE	33 Underperform	C$1.45B	―	-141.24%	―	―	-19.29%

Scottie Resources Corp Corporate Events

Scottie Resources Advances with Positive Ore Sorting Study and DSO Project Launch

Scottie Resources Corp has announced positive results from an ore sorting study conducted by ABH Engineering Inc., supporting the establishment of a high-margin direct ship ore (DSO) operation. This operation will leverage XRF ore sorting technology to eliminate the need for a gold processing plant and tailings facility, significantly reducing capital and environmental impact. Positioned near a deep-sea shipping terminal, the project benefits from low-cost shipping lanes to Asia and existing infrastructure, with plans to commence mining with an open pit to reduce startup risks. The project is expected to produce 80,000 to 100,000 ounces of gold annually, with potential for scalability through continued exploration.

Scottie Resources Unveils High-Grade Gold Intercepts at Blueberry Contact Zone

Scottie Resources Corp has announced final assay results from its 2024 drilling campaign at the Blueberry Contact Zone, revealing high-grade gold intercepts. The successful drilling, which included the discovery of the Wolf Zone, demonstrates the continuity and high-grade potential of the Scottie Gold Mine Project, with plans to incorporate these results into an upcoming maiden resource estimate.

Scottie Resources Uncovers High-Grade Gold at Blueberry Contact Zone

Scottie Resources Corp announced significant high-grade gold results from its 2024 drilling program at the Blueberry Contact Zone, part of the Scottie Gold Mine Project. The recent assays revealed gold grades of 59.2 g/t over 2.50 meters and 35.2 g/t over 2.00 meters in different vein zones, bolstering the company’s efforts to finalize its maiden resource estimate. These promising results are expected to enhance Scottie’s market positioning by demonstrating the project’s financial potential and shortened development timeline, which could attract further stakeholder interest.

Scottie Resources Reports High-Grade Gold Intercepts at Scottie Gold Mine

Scottie Resources Corp. has announced significant assay results from its 2024 drilling campaign at the Scottie Gold Mine. The findings include high-grade gold intercepts, particularly in the O Zone, which will contribute to defining a high-grade resource at the historic site. The results are expected to enhance the company’s resource modeling efforts and further solidify its position in the gold mining sector.