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Torq Resources Inc (TSE:TORQ)
:TORQ

Torq Resources Inc (TORQ) AI Stock Analysis

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Torq Resources Inc

(TORQ)

Rating:35Underperform
Price Target:
Torq Resources Inc. faces significant financial distress with zero revenue and negative equity, heavily weighing down its stock score. While technical analysis shows a neutral stance, the company's valuation metrics are unfavorable due to consistent losses. However, the recent commencement of drilling at a key project provides some optimism for future growth, though the overall outlook remains challenging.

Torq Resources Inc (TORQ) vs. iShares MSCI Canada ETF (EWC)

Torq Resources Inc Business Overview & Revenue Model

Company DescriptionTorq Resources Inc (TORQ) is a mineral exploration company primarily focused on discovering and developing copper and gold assets in Chile, a region known for its rich mineral deposits. The company aims to create value by leveraging its experienced team and strategic partnerships to explore and identify high-potential mineral properties. Torq Resources is committed to sustainable and responsible exploration practices as it seeks to advance its projects towards development stages.
How the Company Makes MoneyTorq Resources Inc generates revenue through the exploration and development of mineral properties, specifically focusing on copper and gold. The company raises capital through equity financing, joint ventures, and strategic partnerships with other mining companies and investors. As Torq Resources identifies valuable mineral deposits, it can either sell these assets to larger mining companies or develop them into producing mines, generating revenue from the sale of extracted minerals. The company's earnings are significantly influenced by the global demand and prices for copper and gold, as well as its ability to successfully discover and develop economically viable mineral resources.

Torq Resources Inc Financial Statement Overview

Summary
Torq Resources Inc. demonstrates significant financial challenges, including zero revenue, negative stockholders' equity, and reliance on external financing. The negative profit margins and cash flows highlight financial instability.
Income Statement
10
Very Negative
Torq Resources Inc. consistently reports zero revenue, reflecting its developmental stage in the mining sector. The company incurred significant losses over the years, with deteriorating EBIT and net income positions. Lack of revenue growth and negative profit margins indicate substantial financial challenges.
Balance Sheet
15
Very Negative
The company shows a negative stockholders' equity in the latest TTM period, indicating potential solvency issues. The debt-to-equity ratio is not meaningful due to negative equity. The overall asset base has decreased, and the company relies heavily on debt financing, highlighting financial instability.
Cash Flow
20
Very Negative
Torq Resources Inc. shows consistently negative operating and free cash flows, with no signs of improvement. The company is heavily reliant on financing activities to cover operational shortfalls, posing substantial risks to long-term sustainability.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
-78.68K-136.42K-181.65K-32.72K0.00
EBIT
-9.12M-18.59M-11.73M-6.31M-2.13M
EBITDA
-11.72M-18.31M-11.65M-6.32M-2.13M
Net Income Common Stockholders
-12.41M-19.21M-11.72M-6.48M-2.09M
Balance SheetCash, Cash Equivalents and Short-Term Investments
538.28K487.97K12.47M1.90M8.75M
Total Assets
2.40M4.21M15.61M3.99M9.09M
Total Debt
5.23M1.97M1.97M0.000.00
Net Debt
4.69M1.48M-10.50M-1.90M-8.75M
Total Liabilities
8.06M3.17M3.60M676.54K202.92K
Stockholders Equity
-5.65M1.04M12.00M3.31M8.89M
Cash FlowFree Cash Flow
-8.44M-17.57M-11.35M-6.86M-2.18M
Operating Cash Flow
-7.13M-16.70M-10.10M-5.79M-2.18M
Investing Cash Flow
-1.18M-491.93K-1.06M-1.03M84.70K
Financing Cash Flow
8.40M5.22M21.73M42.30K17.50K

Torq Resources Inc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.07
Price Trends
50DMA
0.06
Positive
100DMA
0.06
Positive
200DMA
0.07
Positive
Market Momentum
MACD
<0.01
Negative
RSI
59.03
Neutral
STOCH
23.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TORQ, the sentiment is Positive. The current price of 0.07 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and above the 200-day MA of 0.07, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 59.03 is Neutral, neither overbought nor oversold. The STOCH value of 23.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TORQ.

Torq Resources Inc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSORE
76
Outperform
C$727.08M7.3125.43%22.51%56.77%
TSKNT
76
Outperform
C$3.76B14.9039.28%105.06%481.75%
57
Neutral
$7.23B3.16-4.49%5.63%0.82%-49.15%
TSNXE
53
Neutral
C$4.98B27.25-9.06%-197.27%
TSSKE
52
Neutral
C$2.24B-137.38%-19.29%
TSFVL
43
Neutral
C$592.44M-1.08%66.34%
35
Underperform
C$9.73M-1160.76%48.20%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:TORQ
Torq Resources Inc
0.07
-0.02
-22.22%
TSE:NXE
NexGen Energy
8.75
-0.95
-9.79%
TSE:ORE
Orezone Gold
1.37
0.65
90.28%
TSE:FVL
Freegold Ventures
1.12
0.71
173.17%
TSE:SKE
Skeena Resources
19.49
13.27
213.34%
TSE:KNT
K92 Mining
15.63
8.00
104.85%

Torq Resources Inc Corporate Events

Private Placements and FinancingBusiness Operations and Strategy
Torq Resources Begins Drilling at Santa Cecilia Project
Positive
Feb 27, 2025

Torq Resources Inc. has commenced drilling at its Santa Cecilia gold-copper project in the Maricunga belt, northern Chile. This initiative follows a joint venture agreement with Gold Fields, aiming to explore the Pircas Norte and Gemelos Norte targets. The drilling program, funded by Gold Fields’ initial USD$6 million commitment, seeks to extend previous mineralization findings, marking a significant step in unlocking the project’s value.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.