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Canagold Resources TSX:CCM Stock Report

Last Price

CA$0.28

Market Cap

CA$48.9m

7D

-1.8%

1Y

33.3%

Updated

26 Dec, 2024

Data

Company Financials

Canagold Resources Ltd.

TSX:CCM Stock Report

Market Cap: CA$48.9m

CCM Stock Overview

Engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. More details

CCM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Risk Analysis

Has less than 1 year of cash runway

Earnings have declined by 17.8% per year over past 5 years

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

Shareholders have been diluted in the past year

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Canagold Resources Ltd. Competitors

Forge Resources

CNSX:FRG

CA$49.7m

Great Pacific Gold

TSXV:GPAC

CA$53.1m

West Vault Mining

TSXV:WVM

CA$55.1m

Mangazeya Mining

TSXV:MGZ.H

CA$45.1m

Price History & Performance

Summary of share price highs, lows and changes for Canagold Resources
Historical stock prices
Current Share PriceCA$0.28
52 Week HighCA$0.35
52 Week LowCA$0.17
Beta0.88
1 Month Change-5.08%
3 Month Change-15.15%
1 Year Change33.33%
3 Year Change-24.32%
5 Year Change-6.67%
Change since IPO-85.07%

Recent News & Updates

Recent updates

We're Keeping An Eye On Canagold Resources' (TSE:CCM) Cash Burn Rate

Jan 26
We're Keeping An Eye On Canagold Resources' (TSE:CCM) Cash Burn Rate

We're Hopeful That Canagold Resources (TSE:CCM) Will Use Its Cash Wisely

Apr 03
We're Hopeful That Canagold Resources (TSE:CCM) Will Use Its Cash Wisely

Is Canarc Resource (TSE:CCM) In A Good Position To Deliver On Growth Plans?

Nov 19
Is Canarc Resource (TSE:CCM) In A Good Position To Deliver On Growth Plans?

Shareholder Returns

CCMCA Metals and MiningCA Market
7D-1.8%-1.6%-0.7%
1Y33.3%17.8%16.3%

Return vs Industry: CCM exceeded the Canadian Metals and Mining industry which returned 17.8% over the past year.

Return vs Market: CCM exceeded the Canadian Market which returned 16.3% over the past year.

Price Volatility

Is CCM's price volatile compared to industry and market?
CCM volatility
CCM Average Weekly Movement7.7%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

Stable Share Price: CCM has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: CCM's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19874Catalin Kilofliskiwww.canagoldresources.com

Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. It explores for gold, silver, and copper deposits. The company holds 100% interest in the New Polaris project that consist of 61 crown granted mineral claims and 1 modified grid claim covering an area of approximately 2,956 acres located at Tulsequah River Valley; and the Windfall Hills project consists of the Atna properties, comprising 2 mineral claims covering 959 hectares and the Dunn properties, comprising 8 mineral claims covering 2820 hectares, located near south of Burns Lake.

Canagold Resources Ltd. Fundamentals Summary

How do Canagold Resources's earnings and revenue compare to its market cap?
CCM fundamental statistics
Market capCA$48.86m
Earnings (TTM)-CA$3.63m
Revenue (TTM)n/a

0.0x

P/S Ratio

-13.4x

P/E Ratio

Is CCM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CCM income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$2.53m
Earnings-US$2.53m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.014
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did CCM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 00:35
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Canagold Resources Ltd. 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.

AnalystInstitution