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Scottie Resources Corp (TSE:SCOT)
:SCOT
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Scottie Resources Corp (SCOT) AI Stock Analysis

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TSE:SCOT

Scottie Resources Corp

(SCOT)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
C$2.50
▲(59.24% Upside)
Action:Reiterated
Date:05/04/26
The score is held down primarily by weak financial performance (pre-revenue operations, worsening losses, and persistent cash burn), partially offset by a debt-free balance sheet. Technicals are neutral with near-term weakness but longer-term trend support, and valuation appears modest on P/E but lacks dividend support and is constrained by fundamentals.
Positive Factors
Debt-free balance sheet
A zero-debt capital structure materially lowers refinancing and interest-rate risk for a junior explorer. This durable financial flexibility enables the company to allocate scarce capital to exploration activities, negotiate JV terms from a stronger position, and preserve runway between financing rounds.
Negative Factors
Pre-revenue with widening losses
Operating without revenue and with sharply widening losses is a structural constraint: persistent negative profitability erodes equity value and requires recurring external funding. Over months this limits ability to self-fund exploration programs and raises execution risk if capital markets tighten.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt capital structure materially lowers refinancing and interest-rate risk for a junior explorer. This durable financial flexibility enables the company to allocate scarce capital to exploration activities, negotiate JV terms from a stronger position, and preserve runway between financing rounds.
Read all positive factors

Scottie Resources Corp (SCOT) vs. iShares MSCI Canada ETF (EWC)

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 t...
How the Company Makes Money
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Scottie Resources Corp Financial Statement Overview

Summary
Financials are high risk: the company is pre-revenue with persistent losses and worsening TTM net income (~-$9.2M) alongside consistently negative operating cash flow and free cash flow (ongoing cash burn). The key offset is a debt-free balance sheet with positive and improving equity, reducing near-term financial leverage risk.
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
22
Negative
BreakdownTTMNov 2025Nov 2024Nov 2023Nov 2022Nov 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-82.78K-78.79K-74.64K-74.28K-75.92K-29.82K
EBITDA-19.19M-10.86M-3.82M-19.00M-10.55M-6.71M
Net Income-9.25M-10.94M-3.89K-19.07M-9.52M-6.39M
Balance Sheet
Total Assets40.59M14.72M11.81M9.54M19.23M22.56M
Cash, Cash Equivalents and Short-Term Investments38.51M13.15M9.30M1.46M3.54M7.27M
Total Debt0.000.000.000.000.000.00
Total Liabilities8.02M4.54M1.96M2.60M3.26M792.01K
Stockholders Equity32.57M10.18M9.85M6.93M15.97M21.76M
Cash Flow
Free Cash Flow-8.03M-7.66M-7.29M-11.12M-8.12M-6.77M
Operating Cash Flow-7.80M-7.46M-7.28M-11.00M-6.46M-5.97M
Investing Cash Flow-254.57K-243.96K8.09M-104.95K-1.81M2.02M
Financing Cash Flow40.17M11.56M7.03M9.02M4.54M6.47M

Scottie Resources Corp Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.57
Price Trends
50DMA
2.32
Negative
100DMA
2.24
Negative
200DMA
1.90
Positive
Market Momentum
MACD
-0.02
Positive
RSI
46.38
Neutral
STOCH
21.63
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 1.57 is below the 20-day moving average (MA) of 2.29, below the 50-day MA of 2.32, and below the 200-day MA of 1.90, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 46.38 is Neutral, neither overbought nor oversold. The STOCH value of 21.63 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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
56
Neutral
C$347.69M-5.38-29.30%-90.27%
49
Neutral
C$168.60M9.42-62.72%-85.00%
48
Neutral
C$211.28M-5.15-385.60%-2651.52%
44
Neutral
C$351.31M-14.15-1251.30%3.52%43.40%
42
Neutral
C$80.87M-3.25-125.61%-153.31%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:SCOT
Scottie Resources Corp
2.38
1.44
153.19%
TSE:FTZ
Norseman Capital
0.44
0.13
41.94%
TSE:PGDC
Patagonia Gold
0.79
0.71
887.50%
TSE:NAU
Nevgold Corp
2.53
2.24
772.41%
TSE:VIPR
Silver Viper Minerals
0.83
0.43
107.50%
TSE:PGLD
P2 Gold
0.80
0.69
640.74%

Scottie Resources Corp Corporate Events

Business Operations and StrategyRegulatory Filings and Compliance
Scottie Resources Clears Key Regulatory Hurdle for Scottie Gold Mine Project
Positive
Mar 25, 2026
Scottie Resources Corp. says its proposed Scottie Gold Mine Project, as outlined in its 2025 preliminary economic assessment, falls below the thresholds that would trigger federal or provincial environmental assessments in Canada. The determinatio...
Business Operations and Strategy
Scottie Resources Advances Direct-Ship Gold Strategy With Feasibility Study and Ore Sorting Milestone
Positive
Mar 18, 2026
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 ...
Business Operations and StrategyExecutive/Board Changes
Scottie Resources Reshapes Leadership as Scottie Gold Mine Moves Toward Production
Positive
Mar 9, 2026
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 oversigh...
Business Operations and Strategy
Scottie Resources Hits Broad High-Grade Gold at Blueberry Zone in Largest Drill Program to Date
Positive
Feb 25, 2026
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 larges...
Business Operations and Strategy
Scottie Resources Extends High-Grade Gold Continuity at Blueberry Zone
Positive
Feb 17, 2026
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 ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 04, 2026