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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)

Rating:42Neutral
Price Target:
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 (SCOT) vs. iShares MSCI Canada ETF (EWC)

Scottie Resources Corp Business Overview & Revenue Model

Company DescriptionScottie 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 MoneyScottie 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
15
Very Negative
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
45
Neutral
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
35
Negative
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.
BreakdownSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit-74.64K-74.28K-75.92K-29.82K-1.40K
EBITDA-19.00M-10.55M-6.71M-4.14M
Net Income-19.07M-9.52M-6.39M-3.87M
Balance Sheet
Total Assets11.81M9.54M19.23M22.56M9.10M
Cash, Cash Equivalents and Short-Term Investments9.30M1.46M3.54M7.27M4.74M
Total Debt0.000.000.000.000.00
Total Liabilities1.96M2.60M3.26M792.01K447.28K
Stockholders Equity9.85M6.93M15.97M21.76M8.65M
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 Flow8.09M-104.95K-1.81M2.02M-1.03M
Financing Cash Flow7.03M9.02M4.54M6.47M10.81M

Scottie Resources Corp Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.91
Price Trends
50DMA
0.91
Negative
100DMA
0.91
Positive
200DMA
0.92
Negative
Market Momentum
MACD
0.01
Negative
RSI
49.69
Neutral
STOCH
27.08
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 0.91 is above the 20-day moving average (MA) of 0.91, below the 50-day MA of 0.91, and below the 200-day MA of 0.92, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 49.69 is Neutral, neither overbought nor oversold. The STOCH value of 27.08 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 (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
52
Neutral
C$2.55B-137.38%-19.29%
44
Neutral
C$992.55M-6.64-13.73%1.83%17.55%-32.57%
44
Neutral
C$57.48M-7.57%-22.63%
43
Neutral
C$22.48M-1.57%35.14%
42
Neutral
C$45.47M-58.31%74.74%
41
Neutral
C$118.92M-5.17%-101.02%
36
Underperform
C$46.87M-65.33%26.55%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:SCOT
Scottie Resources Corp
0.91
-0.14
-13.33%
TSE:BBB
Brixton Metals
0.08
-0.02
-20.00%
TSE:SKE
Skeena Resources
22.23
13.80
163.70%
TSE:KDK
Kodiak Copper
0.63
0.19
43.18%
TSE:AOT
Ascot Resources
0.08
-0.39
-82.98%
TSE:TK
Tinka Resources
0.06
-0.06
-50.00%

Scottie Resources Corp Corporate Events

Product-Related AnnouncementsBusiness Operations and Strategy
Scottie Resources Advances with Positive Ore Sorting Study and DSO Project Launch
Positive
Apr 1, 2025

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.

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 01, 2025