Callinex Mines Inc (TSE:VCG)
:VCG
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Callinex Mines
(VCG)
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Rating:49Neutral
Price Target:
C$0.70
▲(14.26% Upside)
Action:ReiteratedDate:03/06/26
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and persistent cash burn). Technicals provide a partial offset with improving momentum above key moving averages, but valuation support is limited given the negative P/E and no dividend yield data.
Positive Factors
Focused VMS Exploration Strategy
A clear technical focus on copper‑zinc volcanogenic massive sulphide (VMS) systems concentrates exploration expertise and capital. This specialization improves the odds of defining economic resources or structuring earn‑ins/JVs, providing a durable route to value creation over months.
Negative Factors
Pre‑Revenue Business Model
Absent operating revenue, corporate viability depends on successful exploration outcomes or third‑party transactions. This structural revenue gap forces continued reliance on capital markets and makes long‑term sustainability contingent on resource definition or asset sales.
Read all positive and negative factors
Positive Factors
Negative Factors
Focused VMS Exploration Strategy
A clear technical focus on copper‑zinc volcanogenic massive sulphide (VMS) systems concentrates exploration expertise and capital. This specialization improves the odds of defining economic resources or structuring earn‑ins/JVs, providing a durable route to value creation over months.
Read all positive factors
Callinex Mines (VCG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$15.72M
Dividend YieldN/A
Average Volume (3M)15.25K
Price to Earnings (P/E)―
Beta (1Y)0.11
Revenue GrowthN/A
EPS Growth22.59%
CountryCA
Employees2
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)N/A
Shares Outstanding22,458,536
10 Day Avg. Volume12,621
30 Day Avg. Volume15,249
Financial Highlights & Ratios
PEG Ratio0.97
Price to Book (P/B)0.34
Price to Sales (P/S)0.00
P/FCF Ratio-78.15
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
Callinex Mines Business Overview & Revenue Model
Company Description
Visionary Copper and Gold Mines Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, lead, silver, and and critical metal deposits. The company was formerly kno...
How the Company Makes Money
Callinex Mines is primarily an exploration-stage company; specific, recurring operating revenue from product sales is null. Its economic model is typically driven by (1) raising capital to fund exploration and corporate activities, and (2) creatin...
Callinex Mines Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
28
Negative
| Breakdown | Dec 2025 | Dec 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -19.31K | -22.25K | -64.29K | -65.83K | -69.12K |
| EBITDA | -976.31K | -1.52M | -697.00K | 1.66M | -811.14K |
| Net Income | -917.89K | -1.00M | -1.28M | 41.05K | -1.15M |
Balance Sheet | |||||
| Total Assets | 49.81M | 43.74M | 42.10M | 35.65M | 30.41M |
| Cash, Cash Equivalents and Short-Term Investments | 53.53K | 1.40M | 2.15M | 994.54K | 2.81M |
| Total Debt | 40.00K | 40.00K | 45.21K | 101.48K | 147.45K |
| Total Liabilities | 10.08M | 3.71M | 3.24M | 2.55M | 1.98M |
| Stockholders Equity | 39.73M | 40.03M | 38.86M | 33.11M | 28.44M |
Cash Flow | |||||
| Free Cash Flow | -173.25K | -3.36M | -8.00M | -8.72M | -7.17M |
| Operating Cash Flow | -167.67K | -1.46M | -2.08M | -1.47M | -1.59M |
| Investing Cash Flow | -1.18M | -1.52M | -5.68M | -6.25M | -5.29M |
| Financing Cash Flow | 0.00 | 2.23M | 8.91M | 5.90M | 9.01M |
Callinex Mines Technical Analysis
Negative
0.61
Price Trends
0.81
Negative
0.75
Negative
0.73
Negative
Market Momentum
-0.03
Positive
41.12
Neutral
23.08
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:VCG, the sentiment is Negative. The current price of 0.61 is below the 20-day moving average (MA) of 0.82, below the 50-day MA of 0.81, and below the 200-day MA of 0.73, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 41.12 is Neutral, neither overbought nor oversold. The STOCH value of 23.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:VCG.
Callinex Mines Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$33.50M | -28.24 | -19.47% | ― | ― | ― | |
49 Neutral | C$15.72M | -28.06 | -2.38% | ― | ― | 22.59% | |
| ― | C$13.18M | -1.30 | ― | ― | ― | ― | |
48 Neutral | C$11.14M | -20.34 | 6.30% | ― | ― | 70.90% | |
44 Neutral | C$16.89M | -26.76 | -126.48% | ― | ― | ― | |
43 Neutral | C$15.10M | -22.84 | 3.41% | ― | ― | ― |
* General Sector Average
TSE:VCG
Callinex Mines
0.70
-0.16
-18.60%
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TSE:STGX
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137.50%
Callinex Mines Corporate Events
Business Operations and Strategy
Visionary Expands Phase 1 Drilling After Kraken Copper Discovery at Pt. Leamington
Positive
Apr 1, 2026
Visionary Copper and Gold Mines has completed an expanded Phase 1 drilling campaign at its Pt. Leamington deposit in central Newfoundland, executing ten drill holes totaling 3,556 meters versus the originally planned seven holes and 3,000 meters. ...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Visionary Copper and Gold Mines Clears AGM Resolutions, Signs New Investor Relations Deals
Positive
Mar 20, 2026
Visionary Copper and Gold Mines Inc. reported that shareholders at its March 19 annual general meeting approved all resolutions, including the re-election of four directors, appointment of auditors, a 10% rolling stock option plan and the repricin...
Business Operations and Strategy
Visionary Uncovers New Kraken Copper Zone at Pt. Leamington
Positive
Mar 2, 2026
Visionary Copper and Gold Mines reported strong initial Phase 1 drill results from its Pt. Leamington project in central Newfoundland, highlighted by wide intervals of copper and gold mineralization in hole PL-112. The company is expanding a 3,000...
Business Operations and Strategy
Visionary Launches First Drilling in Two Decades to Expand Newfoundland Polymetallic Deposit
Positive
Feb 3, 2026
Visionary Copper and Gold Mines has begun a fully funded 3,000-metre Phase 1 drill program at its Point Leamington project in central Newfoundland, marking the first exploration drilling on the property in more than 20 years. The campaign is aimed...
Business Operations and Strategy
Visionary Copper and Gold Mines Ramps Up Exploration at Pt. Leamington as Permitting Advances in Manitoba
Positive
Jan 19, 2026
Visionary Copper and Gold Mines has launched the first phase of an exploration drilling campaign at its Pt. Leamington deposit in Newfoundland, targeting near-surface copper-, zinc-, gold- and silver-rich zones to expand and upgrade an already sub...
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.