Renforth Resources (CNSX:RFR) - Stock Price, News & Analysis

RFR Stock Overview

Renforth Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada.

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

Rewards

Risk Analysis

Earnings have declined by 36.2% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$5M)

Highly volatile share price over the past 3 months

+ 1 more risk

Renforth Resources Inc. Competitors

Wedgemount Resources

CNSX:WDGY

CA$5.2m

CMX Gold & Silver

CNSX:CXC

CA$5.2m

Thunder Gold

TSXV:TGOL

CA$5.2m

Rush Rare Metals

CNSX:RSH

CA$5.4m

Price History & Performance

Summary of all time highs, changes and price drops for Renforth Resources
Historical stock prices
Current Share Price	CA$0.015
52 Week High	CA$0.03
52 Week Low	CA$0.01
Beta	0.76
1 Month Change	0%
3 Month Change	-25.00%
1 Year Change	-40.00%
3 Year Change	-83.33%
5 Year Change	-66.67%
Change since IPO	-25.00%

Recent updates

Shareholder Returns

	RFR	CA Metals and Mining	CA Market
7D	0%	5.4%	3.1%
1Y	-40.0%	1.8%	9.9%

Return vs Industry: RFR underperformed the Canadian Metals and Mining industry which returned -3% over the past year.

Return vs Market: RFR underperformed the Canadian Market which returned 8.8% over the past year.

Price Volatility

Is RFR's price volatile compared to industry and market?
RFR volatility
RFR Average Weekly Movement	33.1%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.7%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: RFR's share price has been volatile over the past 3 months.

Volatility Over Time: RFR's weekly volatility (33%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
1945	n/a	Nicole Brewster	www.renforthresources.com

Renforth Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for nickel, cobalt, copper, and zinc. It owns interests in the Surimeau District battery metals property in Quebec; Parbec gold deposit, a surface gold deposit in Malartic, Quebec; and the Nixon-Bartleman property that hosts gold located to the west of Timmins Ontario.

Renforth Resources Inc. Fundamentals Summary

How do Renforth Resources's earnings and revenue compare to its market cap?
RFR fundamental statistics
Market cap	CA$5.23m
Earnings (TTM)	-CA$2.14m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.4x

P/E Ratio

Is RFR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RFR income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$2.14m
Earnings	-CA$2.14m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0061
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did RFR perform over the long term?

See historical performance and comparison

RFR Stock Overview

Rewards

Risk Analysis

Renforth Resources Inc. Competitors

CNSX:WDGY

CA$5.2m

CNSX:CXC

CA$5.2m

TSXV:TGOL

CA$5.2m

CNSX:RSH

CA$5.4m

Price History & Performance

Recent News & Updates

Renforth Resources Inc. Announces the Departure of Kurt Breede from the Board of Directors

Renforth Resources Inc. Updates Shareholders on Successful Recent Nickel Prospecting on the Mccart Property, Near Iroquois Falls Ontario and the Unexpected, Mineralized Occurrences At the Very End of the Last Drill Hole on Victoria

Renforth Resources Inc. Provides Update on the Completed Drill Program on the Victoria Mineralized System

Renforth Resources Inc., Annual General Meeting, Jan 26, 2024

Renforth Resources Inc. Provides Update on Ongoing Drill Program on the Victoria Mineralized System

Insufficient new directors

Recent updates

Renforth Resources Inc. Announces the Departure of Kurt Breede from the Board of Directors

Renforth Resources Inc. Updates Shareholders on Successful Recent Nickel Prospecting on the Mccart Property, Near Iroquois Falls Ontario and the Unexpected, Mineralized Occurrences At the Very End of the Last Drill Hole on Victoria

Renforth Resources Inc. Provides Update on the Completed Drill Program on the Victoria Mineralized System

Renforth Resources Inc., Annual General Meeting, Jan 26, 2024

Renforth Resources Inc. Provides Update on Ongoing Drill Program on the Victoria Mineralized System

Insufficient new directors

Renforth Resources Inc. Commences Copper Exploration at Beaupre, Completes Nickel Exploration at McCart

Renforth Stakes Additional Claims At Surimeau Battery Metals Property in Quebec

Renforth Discovers New Battery Metals Mineralization and Pegmatites At Surimeau

Renforth Resources Inc. (CNSX:RFR) acquired The Mineralized Copper Prince Project Located Near Iron Bridge, Ontario.

Renforth Resources Inc. Announces Positive Drill Results Advance Its Surimeau Nickel Polymetallic Battery Metals Property in Quebec

Renforth Reports on Pegmatites At Surimeau, Sedimentary Lithium Mineralization

Renforth Resources Inc. Announces Successful Surimeau Drill Program Intersects Nickel in All Drill Holes

Renforth Resources Inc. Intersects Surface Battery Metals Mineralization in Lalonde Channeling

Renforth Resources Inc. announced that it has received CAD 1.5581 million in funding

Renforth Resources Inc. Commences Surimeau Nickel/Cobalt/Copper/Zinc Drill Program

Renforth Resources Inc. Samples Surface Mineralization at Lalonde Nickel Polymetallic

Renforth Resources Inc. announced that it expects to receive CAD 1 million in funding

Renforth Resources Inc. Samples 0.71% Ni from Unexplored Area of Approximately 20Km Victoria Mineralized Structure

Renforth Resources Inc., Annual General Meeting, Dec 05, 2022

Renforth Resources Inc. Resumes Field Work on Lalonde Battery Minerals Structure in Quebec

Renforth Resources Inc. Announces Extension of the Known Lalonde Surface Battery Metals Mineralization to A Strike Length of 9 Kms

Renforth Resources Inc. Commences Follow Up Work on Recently Discovered Battery Mineralization At Surimeau

Renforth Resources Inc. Announces Successful Prospecting Extends Battery Minerals to Surface on Renforth's Surimeau District Property

Renforth Resources Inc. Establishes Surimeau's Lalonde Polymetallic Battery Metals Mineralization Strike At 2.4Km

Renforth Resources Inc. Commences Surimeau Fieldwork with Focus on Lithium Values and Exploration

Renforth's Newly Completed Airborne Mag and EM Survey Delineates Magnetic 20km Victoria Structure with Co-Incident EM Anomalies

Channel Sampling At Renforth's Victoria West Delivers Consistent Surface Nickel Mineralization Combined with Copper Enrichment

Renforth Resources Inc. Announces Completion of Final 2021 Drilling at Victoria West, Within the Surimeau District Property with a Total of 7 Holes Drilled in 1203M Within the Stripped Area

Renforth Resources Inc. announced that it has received CAD 1.37626 million in funding

Renforth Resources Inc. Completes Trenching Program At Victoria West, Exposing Continuous Nickel, Cobalt, Copper and Zinc over the Entire 275M Stripped

Renforth Resources Inc. Drills 9.5M of 4.66 G/T Gold at Wholly Owned Parbec Gold Deposit in Quebec

Renforth Resources Inc. Successfully Completes Final Parbec Twin Hole with 11.75M of 3.3 G/T Gold

Renforth Resources Inc Extends Par-20-101 Mineralized Zone At Parbec with Additional Sampling, Completes First Surimeau Drill Hole

Renforth Resources Inc. Releases Updates Parbec Gold Deposit and Wholly Owned Surimeau Nickel/Copper/Zinc Project

Renforth Resources Inc. Issues Parbec Gold Project Assays and Targets Surimeau Sulphide Nickel/Copper Project with June Exploration Program

Renforth Resources Inc. Updates Shareholders with Additional Parbec Assay Results

Renforth Resources Inc. Announces Drill Program at Malartic West

Renforth Resources Inc. Updates on the Results of PAR-20-125

Renforth Resources Inc. Intersects 4.59 G/T Gold over 18.75M, Including 8.73 G/T Gold over 7.15M

Renforth Resources Inc. Infills and Expends Down Dip Mineralization At Parbec

Renforth Resources Inc. (CNSX:RFR) acquired 81 claims to The West of Surimau Target, in The Pontiac and South of Lamgold’s Westwood Mine.

Renforth Resources Inc. Announces New Gold Zone At Parbec Discovered by Renforth in Pontiac Sediments

Renforth Resources Inc. Reports Drill Results at Wholly Owned Parbec Open Pit Gold Deposit

Renforth Resources Inc. Announces Parbec Gold Deposit and Update on Surimeau Sulphide Nickel Drill Program

Renforth Resources Inc. Demonstrates 68% Average Sulphide Nickel Content within Surimeau Grab Samples

Renforth Resumes Drill Program on Wholly Owned Parbec Open Pit Constrained Gold Deposit Contiguous to Canadian Malartic Mine in Malartic Quebec

Renforth Resources Inc. Provides Update on its Nickel/VMS Prospect Drill Program

Renforth Resources Inc. Provides Parbec Assays 13M of 1.72 g/t Au in the Sediments

Renforth Resources Inc. Reports Additional Parbec Assays, Program Updates

Renforth Reports Additional Parbec Assays and Drill Program Update

Renforth's Parbec Open Pit Gold Deposit Delivers 13.2M of 1.09 G/T Au from 7M Down Hole

Renforth Resources Inc. Receives Partial Assay Results for Par-20-100

Renforth Resources Inc. announced that it has received CAD 3.24 million in funding from Radisson Mining Resources Inc.

Renforth Resources Inc.'s Surimeau Interpreted to be a Large-Scale Sulphide Nickel System

Renforth Resources Inc. Completes First 1000m Drilling at Parbec

Radisson Mining Resources Inc. (TSXV:RDS) completed the acquisition of New Alger Gold property from Renforth Resources Inc. (CNSX:RFR).

Radisson Mining Resources Inc. (TSXV:RDS) entered into a binding agreement to acquire New Alger Gold property from Renforth Resources Inc. (CNSX:RFR) for CAD 6.2 million.

Renforth Resources Inc. announced that it has received CAD 0.9451 million in funding