Targa Exploration Corp. (TSE:TEX)
:TEX
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Positive Factors
No Debt
Having no debt provides Targa Exploration Corp. with greater financial flexibility and reduces the risk of insolvency, allowing the company to potentially focus on strategic investments and exploration activities without the burden of interest payments.
Negative Factors
Negative Cash Flow
Consistently negative cash flow from operations indicates that Targa Exploration Corp. is not generating sufficient cash from its core activities. This reliance on external financing for cash needs poses a risk to long-term financial sustainability and operational viability.
Read all positive and negative factors
Positive Factors
Negative Factors
No Debt
Having no debt provides Targa Exploration Corp. with greater financial flexibility and reduces the risk of insolvency, allowing the company to potentially focus on strategic investments and exploration activities without the burden of interest payments.
Read all positive factors
Targa Exploration Corp. (TEX) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$19.14M
Dividend YieldN/A
Average Volume (3M)78.80K
Price to Earnings (P/E)―
Beta (1Y)0.61
Revenue GrowthN/A
EPS Growth72.19%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding66,008,900
10 Day Avg. Volume61,230
30 Day Avg. Volume78,801
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)29.50
Price to Sales (P/S)0.00
P/FCF Ratio-9.97
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
Targa Exploration Corp. Business Overview & Revenue Model
Company Description
Targa Exploration Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. It holds an option to acquire 100% interests in the Shanghai property with 150 Quartz claims covering 2,600 hectares located in the M...
How the Company Makes Money
Targa Exploration Corp. primarily makes money through the exploration and development of mineral properties. The company generates revenue by discovering mineral deposits and either selling the rights to these deposits to larger mining companies o...
Targa Exploration Corp. Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | TTM | Jun 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -2.94M | -9.87M | -2.85M | -117.63K | -120.00 |
| Net Income | -2.91M | -9.87M | -2.85M | -236.45K | -120.00 |
Balance Sheet | |||||
| Total Assets | 611.28K | 2.42M | 653.15K | 1.24M | 122.38K |
| Cash, Cash Equivalents and Short-Term Investments | 162.92K | 2.22M | 604.32K | 1.24M | 122.38K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 194.76K | 1.38M | 38.88K | 12.66K | 0.00 |
| Stockholders Equity | 416.52K | 1.04M | 614.28K | 1.23M | 122.38K |
Cash Flow | |||||
| Free Cash Flow | -3.41M | -3.08M | -652.68K | -139.38K | -120.00 |
| Operating Cash Flow | -3.41M | -3.08M | -652.68K | -139.38K | -120.00 |
| Investing Cash Flow | 0.00 | 234.40K | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 3.51M | 4.47M | 16.50K | 1.26M | 122.50K |
Targa Exploration Corp. Technical Analysis
Negative
0.30
Price Trends
0.35
Negative
0.27
Positive
0.22
Positive
Market Momentum
-0.02
Positive
38.17
Neutral
24.36
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TEX, the sentiment is Negative. The current price of 0.3 is below the 20-day moving average (MA) of 0.38, below the 50-day MA of 0.35, and above the 200-day MA of 0.22, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 38.17 is Neutral, neither overbought nor oversold. The STOCH value of 24.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TEX.
Targa Exploration 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% | |
| ― | C$19.14M | -1.30 | -331.94% | ― | ― | 72.19% | |
51 Neutral | C$3.63M | -3.88 | -38.11% | ― | ― | 25.69% | |
47 Neutral | C$14.31M | -7.12 | -41.21% | ― | ― | 48.66% | |
41 Neutral | C$7.10M | -2.98 | -288.81% | ― | -69.80% | -83.65% | |
| ― | C$8.62M | -1.89 | -6.29% | ― | ― | 61.93% | |
| ― | C$9.05M | -1.16 | -772.07% | ― | ― | -679.31% |
* Basic Materials Sector Average
TSE:TEX
Targa Exploration Corp.
0.29
0.16
132.00%
TSE:APN
Altiplano Minerals
0.04
-0.02
-27.27%
TSE:CBI
Colibri Resource
0.11
-0.06
-37.14%
TSE:NRM
Noram Lithium Corp
0.16
0.06
60.00%
TSE:SUR
Surface Metals
0.19
0.09
80.95%
TSE:NUKV
Gold Digger Resources Inc
0.24
-0.07
-21.67%
Targa Exploration Corp. Corporate Events
Business Operations and StrategyM&A Transactions
Targa Exploration Expands Gold Portfolio with New Acquisitions in Argentina
Positive
Nov 10, 2025
Targa Exploration Corp. has entered into option agreements to acquire up to an 80% interest in the Venidero and El Zanjon gold-silver projects in Santa Cruz, Argentina. This strategic move aligns with Targa’s goal of expanding its gold portf...
Business Operations and Strategy
Targa Exploration Unveils Promising Gold Discovery at Opinaca Project
Positive
Oct 15, 2025
Targa Exploration Corp. announced updates from its diamond drilling program at the Opinaca Gold Project in Quebec, highlighting the discovery of visible gold in drill hole 25OPDD007. This marks the first occurrence of visible gold at the site, pre...
Business Operations and Strategy
Targa Exploration Expands Drilling at Opinaca Gold Project
Positive
Oct 7, 2025
Targa Exploration Corp. announced an expansion of its diamond drilling program at the Opinaca Gold Project in Quebec, increasing the drilling from 2,500m to 3,250m. The expansion is due to the efficient progress of the drilling, which is ahead of ...
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: ―