How does FHR's PS Ratio compare to its peers?

FHR is good value based on its Price-To-Sales Ratio (12.2x) compared to the peer average (22.7x).

How does FHR's PS Ratio compare vs other companies in the CA Oil and Gas Industry?

FHR is expensive based on its Price-To-Sales Ratio (12.2x) compared to the Canadian Oil and Gas industry average (2x).

What is FHR's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate FHR's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of FHR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate FHR's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Fiddlehead Resources TSXV:FHR Stock Report

Last Price

CA$0.14

Market Cap

CA$8.5m

7D

40.0%

1Y

n/a

Updated

23 Dec, 2024

Data

Company Financials

Fiddlehead Resources Corp.

TSXV:FHR Stock Report

Market Cap: CA$8.5m

FHR Stock Overview

Operates as an upstream energy company in Canada. More details

FHR fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the Canadian market

Has less than 1 year of cash runway

Earnings have declined by 61.5% per year over past 5 years

Makes less than USD$1m in revenue (CA$693K)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Fiddlehead Resources Corp. Competitors

Criterium Energy

TSXV:CEQ

CA$8.0m

Royal Helium

TSXV:RHC

CA$8.9m

Sonoro Energy

TSXV:SNV

CA$19.3m

TAG Oil

TSXV:TAO

CA$25.0m

Price History & Performance

Summary of share price highs, lows and changes for Fiddlehead Resources
Historical stock prices
Current Share Price	CA$0.14
52 Week High	CA$0.20
52 Week Low	CA$0.095
Beta	0.19
1 Month Change	12.00%
3 Month Change	-22.22%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	1,300.00%
Change since IPO	-92.22%

Recent News & Updates

Recent updates

Shareholder Returns

	FHR	CA Oil and Gas	CA Market
7D	40.0%	-2.3%	-2.0%
1Y	n/a	11.2%	15.2%

Return vs Industry: Insufficient data to determine how FHR performed against the Canadian Oil and Gas industry.

Return vs Market: Insufficient data to determine how FHR performed against the Canadian Market.

Price Volatility

Is FHR's price volatile compared to industry and market?
FHR volatility
FHR Average Weekly Movement	17.8%
Oil and Gas Industry Average Movement	6.3%
Market Average Movement	8.2%
10% most volatile stocks in CA Market	17.4%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: FHR's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: Insufficient data to determine FHR's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Brent Osmond	www.fiddleheadresources.com

Fiddlehead Resources Corp. operates as an upstream energy company in Canada. It engages in the exploration, development, and production of oil and gas properties. The company is based in Calgary, Canada.

Fiddlehead Resources Corp. Fundamentals Summary

How do Fiddlehead Resources's earnings and revenue compare to its market cap?
FHR fundamental statistics
Market cap	CA$8.47m
Earnings (TTM)	-CA$2.16m
Revenue (TTM)	CA$693.05k

12.2x

P/S Ratio

-3.9x

P/E Ratio

Is FHR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FHR income statement (TTM)
Revenue	CA$693.05k
Cost of Revenue	CA$597.76k
Gross Profit	CA$95.29k
Other Expenses	CA$2.26m
Earnings	-CA$2.16m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.036
Gross Margin	13.75%
Net Profit Margin	-311.89%
Debt/Equity Ratio	152.7%

How did FHR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 21:38
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Fiddlehead Resources Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution