Terra Balcanica Resources Corp. (TSE:TERA)
:TERA
Top Page
Terra Balcanica Resources Corp.
(TERA)
Select Model
Select Model
Rating:41Neutral
Price Target:
C$0.06
▼(-59.29% Downside)
Action:DowngradedDate:01/27/26
The score is held down primarily by weak financial performance (pre-revenue, ongoing losses, and negative operating/free cash flow) and bearish technicals (below major moving averages with negative MACD and low RSI/Stoch). Low leverage and some improvement in losses provide limited support, while valuation signals are constrained by the negative P/E and lack of dividend yield data.
Positive Factors
Low leverage / strong solvency
Near-zero debt materially reduces solvency and interest-load risk, giving the company flexibility to fund exploration or pursue joint ventures over the next several months. Low leverage supports survival through drilling cycles and preserves optionality for strategic financing.
Negative Factors
Pre-revenue operations
Being pre-revenue means the business lacks operating inflows to cover exploration costs. Over the medium term this requires repeated external financing or deals to sustain programs, lengthens time to monetization, and leaves margins and profitability unproven.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong solvency
Near-zero debt materially reduces solvency and interest-load risk, giving the company flexibility to fund exploration or pursue joint ventures over the next several months. Low leverage supports survival through drilling cycles and preserves optionality for strategic financing.
Read all positive factors
Terra Balcanica Resources Corp. (TERA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$4.05M
Dividend YieldN/A
Average Volume (3M)147.24K
Price to Earnings (P/E)―
Beta (1Y)1.09
Revenue GrowthN/A
EPS Growth48.00%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding67,453,860
10 Day Avg. Volume205,621
30 Day Avg. Volume147,243
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)1.41
Price to Sales (P/S)0.00
P/FCF Ratio-5.06
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
Terra Balcanica Resources Corp. Business Overview & Revenue Model
Company Description
Terra Balcanica Resources Corp. engages in the identification, evaluation, and acquisition of mineral property assets. The company explores for gold, silver, copper, lead, and zinc deposits. Its flagship property is the Viogor-Zanik project, which...
How the Company Makes Money
Terra Balcanica Resources Corp. makes money primarily through the exploration and potential development of mineral projects. The company generates revenue by discovering economically viable mineral deposits, which can then be sold to or developed ...
Terra Balcanica Resources Corp. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
64
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Apr 2024 | Apr 2023 | Jan 2023 | Jan 2022 | Jan 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | -27.22K | -57.10K | 0.00 |
| EBITDA | -931.38K | -982.78K | -1.55M | -1.99M | -2.65M | -50.07K |
| Net Income | -1.07M | -979.27K | -1.53M | -1.85M | -4.39M | -50.07K |
Balance Sheet | ||||||
| Total Assets | 4.44M | 3.23M | 2.64M | 2.62M | 3.13M | 913.40K |
| Cash, Cash Equivalents and Short-Term Investments | 41.83K | 563.00 | 20.32K | 70.30K | 1.65M | 173.40K |
| Total Debt | 0.00 | 13.80K | 0.00 | 0.00 | 21.92K | 0.00 |
| Total Liabilities | 225.33K | 490.33K | 329.27K | 327.27K | 285.40K | 30.42K |
| Stockholders Equity | 4.19M | 2.72M | 2.30M | 2.27M | 2.87M | 882.98K |
Cash Flow | ||||||
| Free Cash Flow | -819.02K | -756.31K | -622.36K | -2.19M | -1.76M | -19.65K |
| Operating Cash Flow | -691.17K | -709.87K | -622.36K | -900.67K | -918.83K | -19.65K |
| Investing Cash Flow | -927.95K | -382.82K | -833.24K | -1.29M | -418.73K | -740.00K |
| Financing Cash Flow | 1.62M | 1.11M | 1.39M | 616.61K | 2.94M | 933.05K |
Terra Balcanica Resources Corp. Technical Analysis
Negative
0.14
Price Trends
0.07
Negative
0.09
Negative
0.11
Negative
Market Momentum
>-0.01
Negative
43.17
Neutral
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TERA, the sentiment is Negative. The current price of 0.14 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.07, and above the 200-day MA of 0.11, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.17 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TERA.
Terra Balcanica 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$3.54M | -2.56 | -81.50% | ― | ― | ― | |
47 Neutral | C$5.33M | -2.35 | -10.78% | ― | ― | -63.64% | |
46 Neutral | C$4.64M | -20.74 | -33.24% | ― | ― | -45.45% | |
46 Neutral | ― | -5.02 | -53.43% | ― | ― | ― | |
41 Neutral | C$4.05M | -27.09 | -32.84% | ― | ― | 48.00% | |
41 Neutral | C$4.42M | -1.72 | -4.44% | ― | ― | ― |
* Basic Materials Sector Average
TSE:TERA
Terra Balcanica Resources Corp.
0.06
-0.04
-40.00%
TSE:AVU
Avrupa Minerals
0.08
0.06
300.00%
TSE:BEA
Belmont Resources
0.04
0.02
60.00%
TSE:NEV
Nevada Sunrise Gold
0.04
0.02
75.00%
TSE:ALMA
Alma Gold
0.15
0.04
45.00%
TSE:ASHL
Ashley Gold Corp.
0.06
>-0.01
-8.33%
Terra Balcanica Resources Corp. Corporate Events
Business Operations and Strategy
Terra Balcanica Confirms High-Grade Polymetallic Vein Continuity at Cumavici Ridge
Positive
Feb 23, 2026
Terra Balcanica Resources reported new high-grade drill results from its Phase III campaign at the Cumavici Ridge vein zone within the Viogor-Zanik project in Bosnia and Herzegovina. A key hole, CMV25004, intersected 636 g/t silver equivalent over...
Business Operations and Strategy
Terra Balcanica Extends Gold and Silver-Rich Zones at Bosnia Viogor-Zanik Project
Positive
Jan 22, 2026
Terra Balcanica Resources reported new assay results from its Phase III drilling at the Cumavici Ridge and Brezani targets within the Viogor-Zanik project in Bosnia and Herzegovina, confirming and extending both gold and polymetallic mineralizatio...
Business Operations and Strategy
Terra Balcanica Extends High-Grade Silver Footprint at Cumavici Ridge in Bosnia
Positive
Jan 14, 2026
Terra Balcanica Resources Corp. reported initial high-grade assay results from its Phase III drilling at the Cumavici Ridge epithermal vein zone within the Viogor-Zanik project in Bosnia and Herzegovina, including 102 g/t silver equivalent over 2....
Business Operations and StrategyDelistings and Listing Changes
Terra Balcanica to Spin Out Canadian Uranium Assets into Terra North
Positive
Dec 15, 2025
Terra Balcanica Resources Corp. has announced a strategic spin-out of its Canadian uranium assets into a new subsidiary, Terra North Resources Corp. This move aims to focus exploration efforts on the Canadian uranium portfolio while allowing Terra...
Business Operations and Strategy
Terra Balcanica Completes Phase III Drilling in Bosnia
Positive
Dec 12, 2025
Terra Balcanica Resources Corp. has completed the first stage of its Phase III drilling program at the Brezani and Chumavichi targets within the Viogor-Zanik project in Bosnia and Herzegovina. The drilling, which covered 1,200 meters, revealed pro...
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.