Torq Resources Inc (TORQ) AI Stock Analysis

• Market Cap: C$21.37M
• Dividend Yield: N/A
• Average Volume (3M): 93.49K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.67
• Revenue Growth: N/A
• EPS Growth: 11.67%
• Country: CA
• Employees: 15
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.04
• Shares Outstanding: 185,841,140
• 10 Day Avg. Volume: 131,769
• 30 Day Avg. Volume: 93,490
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 35 Underperform
• 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 Business Overview & Revenue Model

Company Description

Torq Resources Inc., a junior exploration company, engages in the acquisition and exploration of mineral properties in the Americas. It has an option to acquire 100% interests in the Margarita iron oxide-copper-gold project covering an area of approximately 1,045 hectares located in the city of Copiapo, Chile; Santa Cecilia gold-copper project, which covers an area of 3,250-hectares located in Chile; and Andrea copper porphyry project that covers an area of 1,200 hectares located in northern Chile. The company was formerly known as Stratton Resources Inc. and changed its name to Torq Resources Inc. in March 2017. Torq Resources Inc. is headquartered in Vancouver, Canada.

How the Company Makes Money

Torq 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

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

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

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-11.68K	-78.68K	-136.42K	-181.65K	-32.72K	0.00
EBITDA	-15.23M	-11.72M	-18.31M	-11.65M	-6.32M	-2.13M
Net Income	-15.68M	-12.41M	-19.21M	-11.72M	-6.48M	-2.09M
Balance Sheet
Total Assets	2.63M	2.40M	4.21M	15.61M	3.99M	9.09M
Cash, Cash Equivalents and Short-Term Investments	837.51K	538.28K	487.97K	12.47M	1.90M	8.75M
Total Debt	2.66M	5.23M	1.97M	1.97M	0.00	0.00
Total Liabilities	5.23M	8.06M	3.17M	3.60M	676.54K	202.92K
Stockholders Equity	-10.95M	-5.65M	1.04M	12.00M	3.31M	8.89M
Cash Flow
Free Cash Flow	-11.01M	-8.44M	-17.57M	-11.35M	-6.86M	-2.18M
Operating Cash Flow	-10.18M	-7.13M	-16.70M	-10.10M	-5.79M	-2.18M
Investing Cash Flow	-661.03K	-1.11M	-491.93K	-1.06M	-1.03M	84.70K
Financing Cash Flow	11.66M	8.29M	5.22M	21.73M	42.30K	17.50K

Torq Resources Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TORQ, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.12, and above the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.92 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TORQ.

Torq Resources Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
VERT	48 Neutral	C$6.88M	―	-8.37%	―	―	46.43%
RUG	46 Neutral	―	―	―	―	―	41.76%
COR	37 Underperform	C$13.50M	―	-30.05%	―	―	44.93%
BMET	35 Underperform	$18.31M	―	-149.65%	―	―	-566.15%
TORQ	35 Underperform	C$21.37M	―	―	―	―	11.67%

Torq Resources Inc Corporate Events

Torq Resources Begins Drilling at Santa Cecilia Project

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.