Scottie Resources Corp (SCOT) AI Stock Analysis

• Market Cap: C$45.47M
• Dividend Yield: N/A
• Average Volume (3M): 26.24K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.91
• Revenue Growth: N/A
• EPS Growth: 74.74%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Other Precious Metals
• EPS (TTM): -0.02
• Shares Outstanding: 49,969,936
• 10 Day Avg. Volume: 28,584
• 30 Day Avg. Volume: 26,242
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• 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 stock score reflects the company's challenging financial performance, with no operational revenue and ongoing losses. While the absence of debt and recent positive corporate developments provide some support, these factors are overshadowed by the bearish technical indicators and negative valuation metrics. The new project launch offers a glimmer of hope but requires successful execution to positively impact the stock.

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

Scottie Resources Corp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.88
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 0.88 is above the 20-day moving average (MA) of 0.88, below the 50-day MA of 0.91, and below the 200-day MA of 0.96, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.99 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 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
Sector *	49 Neutral	$1.96B	-1.23	-21.20%	3.72%	0.95%	-28.96%
PGDC	48 Neutral	C$34.88M	―	-426.77%	―	-4.62%	-2.69%
SCOT	42 Neutral	C$45.47M	―	-58.31%	―	―	74.74%
MMG	41 Neutral	C$47.41M	―	-55.36%	―	―	41.78%
AMK	33 Underperform	C$40.45M	―	-14.61%	―	―	8.33%
TUO	33 Underperform	C$52.55M	1,000.00	-21.79%	―	―	―

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.