Tana Resources Corp. (TSE:TANA)
:TANA
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Tana Resources Corp.
(TANA)
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Rating:41Neutral
Price Target:
C$0.04
▲(7.50% Upside)
Action:ReiteratedDate:04/10/26
The score is primarily constrained by weak financial performance (pre-revenue, persistent losses, ongoing cash burn, and deeply negative equity). Technicals are also unfavorable with the stock trading below key moving averages and negative MACD, while valuation metrics are not supportive due to a negative P/E and no dividend yield data.
Positive Factors
Low financial leverage
Limited recorded debt reduces fixed financing obligations and lowers immediate bankruptcy risk, preserving flexibility. For an early-stage, pre-revenue firm, low leverage is a durable structural advantage: it makes future capital raises less encumbered by lenders and gives management optionality to choose timing and form of financing over the next several months.
Negative Factors
Pre-revenue business
Absence of revenue over multiple years means the company has no proven commercial cash generation and its business model remains untested. That structural status forces reliance on external capital to fund operations and development, raising execution and financing risk and limiting self-sustaining growth prospects for months to years.
Read all positive and negative factors
Positive Factors
Negative Factors
Low financial leverage
Limited recorded debt reduces fixed financing obligations and lowers immediate bankruptcy risk, preserving flexibility. For an early-stage, pre-revenue firm, low leverage is a durable structural advantage: it makes future capital raises less encumbered by lenders and gives management optionality to choose timing and form of financing over the next several months.
Read all positive factors
Tana Resources Corp. (TANA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
N/A
Dividend YieldN/A
Average Volume (3M)17.68K
Price to Earnings (P/E)―
Beta (1Y)-1.47
Revenue GrowthN/A
EPS Growth-33.05%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)N/A
Shares Outstanding14,475,000
10 Day Avg. Volume44,732
30 Day Avg. Volume17,677
Financial Highlights & Ratios
PEG Ratio0.43
Price to Book (P/B)-1.37
Price to Sales (P/S)0.00
P/FCF Ratio-23.91
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Tana Resources Corp. Business Overview & Revenue Model
Company Description
Tana Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, copper, iron ore, bauxite, diamonds, phosphate, and uranium deposits. It holds interest in the Double T p...
Tana Resources Corp. Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
10
Very Negative
Cash Flow
12
Very Negative
| Breakdown | Jan 2026 | Jan 2025 | Jan 2024 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -70.00 | -140.00 | -105.00 | -35.00 |
| EBITDA | -195.64K | -201.27K | -196.89K | -324.88K | -37.40K |
| Net Income | -198.38K | -201.34K | -197.03K | -326.64K | -38.91K |
Balance Sheet | |||||
| Total Assets | 5.93K | 17.93K | 75.89K | 228.76K | 327.07K |
| Cash, Cash Equivalents and Short-Term Investments | 3.79K | 16.09K | 69.36K | 216.90K | 231.83K |
| Total Debt | 11.36K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 421.59K | 235.22K | 99.83K | 61.68K | 20.62K |
| Stockholders Equity | -415.66K | -217.28K | -23.94K | 167.08K | 306.45K |
Cash Flow | |||||
| Free Cash Flow | -23.80K | -53.27K | -149.04K | -256.01K | -108.63K |
| Operating Cash Flow | -23.80K | -25.10K | -103.04K | -138.41K | -29.10K |
| Investing Cash Flow | 0.00 | -28.17K | -46.00K | -117.60K | -79.54K |
| Financing Cash Flow | 11.00K | 0.00 | 0.00 | 241.09K | 327.46K |
Tana Resources Corp. Technical Analysis
Negative
0.04
Price Trends
0.06
Negative
0.05
Negative
0.04
Negative
Market Momentum
>-0.01
Positive
37.52
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TANA, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.06, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.52 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TANA.
Tana Resources Corp. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | C$3.12M | -5.08 | -73.19% | ― | ― | -68.07% | |
47 Neutral | C$5.41M | -25.36 | -43.79% | ― | ― | 62.50% | |
45 Neutral | C$1.11M | -4.23 | ― | ― | ― | ― | |
41 Neutral | ― | -2.90 | ― | ― | ― | -33.05% | |
| ― | C$722.68K | -0.24 | 778.66% | ― | ― | 28.52% |
* Basic Materials Sector Average
TSE:TANA
Tana Resources Corp.
0.05
<0.01
12.50%
TSE:CPL
Copper Lake Resources
0.02
0.01
100.00%
TSE:DCOP
District Copper Corp
0.09
0.02
21.43%
TSE:Z.H
Zinc One Resources
0.17
0.06
47.83%
TSE:VOLT
Voltage Metals Corp
0.01
0.00
0.00%
TSE:CMT
Cullinan Metals Corp
0.22
0.02
10.55%
Tana Resources Corp. Corporate Events
Private Placements and Financing
Tana Resources Raises $175,000 in Non-Brokered Private Placement
Positive
Apr 1, 2026
Tana Resources Corp., a Canadian mining exploration company focused on high-value project acquisition and development, is led by a management team with experience in exploration, finance and public company operations. The company seeks to enhance ...
Business Operations and StrategyPrivate Placements and Financing
Tana Resources Plans $175,000 Private Placement for Working Capital
Neutral
Mar 13, 2026
Tana Resources Corp. has announced plans for a non-brokered private placement of up to 4,375,000 common shares at $0.04 per share, seeking gross proceeds of up to $175,000. The company may adjust the size of the offering and close it in one or mor...
Business Operations and StrategyRegulatory Filings and Compliance
Tana Resources Says No Operational Change Behind Trading Surge
Neutral
Mar 12, 2026
Tana Resources Corp., a Canadian mining exploration firm, specializes in acquiring and advancing high-value mineral projects with significant technical merit. Its leadership team brings extensive expertise in exploration, capital markets and effic...
Business Operations and StrategyRegulatory Filings and Compliance
Tana Resources Changes Auditor in Routine Transition
Neutral
Jan 24, 2026
Tana Resources Corp. has replaced its auditor, appointing Dale Matheson Carr-Hilton LaBonte LLP to succeed Baker Tilly WM LLP, effective January 21, 2026, with the new firm to serve until the next annual general meeting. The company emphasized tha...
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.