How does CCE's PB Ratio compare to its peers?

CCE is good value based on its Price-To-Book Ratio (0.3x) compared to the peer average (0.7x).

How does CCE's PB Ratio compare vs other companies in the CA Metals and Mining Industry?

CCE is good value based on its Price-To-Book Ratio (0.3x) compared to the Canadian Metals and Mining industry average (1.4x).

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

Insufficient data to calculate CCE's Price-To-Book Fair Ratio for valuation analysis.

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

Insufficient data to calculate CCE'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.

Commerce Resources (TSXV:CCE) - Stock Price, News & Analysis

CCE Stock Overview

Engages in the acquisition, exploration, development, and evaluation of mineral resource properties in Canada. More details

CCE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 65.6% per year over past 5 years

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

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

Shareholders have been diluted in the past year

+ 1 more risk

Commerce Resources Corp. Competitors

Callinex Mines

TSXV:CNX

CA$18.0m

Euro Manganese

TSXV:EMN

CA$18.1m

Salazar Resources

TSXV:SRL

CA$17.9m

Strategic Metals

TSXV:SMD

CA$18.3m

Price History & Performance

Summary of all time highs, changes and price drops for Commerce Resources
Historical stock prices
Current Share Price	CA$0.08
52 Week High	CA$0.20
52 Week Low	CA$0.075
Beta	2.42
11 Month Change	-38.46%
3 Month Change	-27.27%
1 Year Change	-33.33%
33 Year Change	-64.44%
5 Year Change	-55.56%
Change since IPO	-97.78%

Recent updates

Commerce Resources (CVE:CCE) Is In A Good Position To Deliver On Growth Plans

Mar 31

Shareholder Returns

	CCE	CA Metals and Mining	CA Market
7D	-15.8%	6.6%	2.2%
1Y	-33.3%	32.2%	23.4%

Return vs Industry: CCE underperformed the Canadian Metals and Mining industry which returned 32.1% over the past year.

Return vs Market: CCE underperformed the Canadian Market which returned 23.4% over the past year.

Price Volatility

Is CCE's price volatile compared to industry and market?
CCE volatility
CCE Average Weekly Movement	18.4%
Metals and Mining Industry Average Movement	10.4%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	2.9%

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

Volatility Over Time: CCE's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
1999	n/a	Ross Carroll	www.commerceresources.com

Commerce Resources Corp. engages in the acquisition, exploration, development, and evaluation of mineral resource properties in Canada. The company primarily explores for rare earth elements, as well as tantalum and niobium deposits. Its principal properties are the Eldor property comprising 244 claims that covers an area of approximately 11,475 hectares located in northern Quebec; and the Blue River Tantalum/Niobium property situated in the Blue River region of the Kamloops Mining District of British Columbia.

Commerce Resources Corp. Fundamentals Summary

How do Commerce Resources's earnings and revenue compare to its market cap?
CCE fundamental statistics
Market cap	CA$16.96m
Earnings (TTM)	-CA$29.69m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-0.6x

P/E Ratio

Is CCE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CCE income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$29.69m
Earnings	-CA$29.69m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.14
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did CCE perform over the long term?

See historical performance and comparison

CCE Stock Overview

Risk Analysis

Commerce Resources Corp. Competitors

TSXV:CNX

CA$18.0m

TSXV:EMN

CA$18.1m

TSXV:SRL

CA$17.9m

TSXV:SMD

CA$18.3m

Price History & Performance

Recent News & Updates

Commerce Resources Corp. Produces High-Grade Rare Earth Mineral Concentrate (36% REO) at Strong Recovery in Flotation Locked-Cycle Testing

Commerce Resources Corp. Discovers Knox Niobium Prospect by Drilling 69.4 m of 0.61% Nb2O5 and Extends Mineralization at the Miranna Prospect, Eldor Property, Quebec

Commerce Resources Corp. Announces Drilling Results at the Mallard Prospect, Eldor Property, Quebec

CEO, President and Director recently bought CA$88k worth of stock

Commerce Resources Corp. announced that it has received CAD 2.016 million in funding

Commerce Resources Corp. Announces CEO Changes

Recent updates

Commerce Resources Corp. Produces High-Grade Rare Earth Mineral Concentrate (36% REO) at Strong Recovery in Flotation Locked-Cycle Testing

Commerce Resources Corp. Discovers Knox Niobium Prospect by Drilling 69.4 m of 0.61% Nb2O5 and Extends Mineralization at the Miranna Prospect, Eldor Property, Quebec

Commerce Resources Corp. Announces Drilling Results at the Mallard Prospect, Eldor Property, Quebec

CEO, President and Director recently bought CA$88k worth of stock

Commerce Resources Corp. announced that it has received CAD 2.016 million in funding

Commerce Resources Corp. Announces CEO Changes

An unknown buyer completed the acquisition of Blue River Assets of Commerce Resources Corp. from Commerce Resources Corp. (TSXV:CCE) for CAD 1 million.

Commerce Resources Corp. announced that it expects to receive CAD 2.016 million in funding

Commerce Resources Corp. announced that it expects to receive CAD 5.04 million in funding

Commerce Resources Corp. Announces Summer Diamond Drill Program Targeting Niobium Prospects at the Eldor Property, Nunavik, Quebec

Commerce Resources Corp. Announces Significant Increase in Indicated Mineral Resource for the Ashram Rare Earth & Fluorspar Deposit, Quebec

Commerce Resources (CVE:CCE) Is In A Good Position To Deliver On Growth Plans

New major risk - Revenue and earnings growth

Commerce Resources Corp., Annual General Meeting, May 08, 2024

Commerce Resources Announces Significant Advancements and Simplification of the Ashram Deposit’s Process Flowsheet

Commerce Resources Corp. Announces Board Changes

Commerce Resources Corp. Announces Changes to its Board of Directors

VP of Exploration & Director recently bought CA$240k worth of stock

Commerce Resources Corp. Ships 0.5 Km Sample of Mixed Rec Concentrate to Established Non-Chinese Processor

New major risk - Shareholder dilution

Commerce Resources Corp. announced that it has received CAD 0.1 million in funding

Commerce Resources Corp. announced that it has received CAD 5.453932 million in funding

Commerce Resources Corp. Ships 0.43 Kg Sample of Mixed REC Concentrate to Emerging Non-Chinese Processor

Commerce Resources Corp. announced that it expects to receive CAD 4.8 million in funding

Commerce Resources Corp. announced that it expects to receive CAD 4.8 million in funding

Commerce Resources Corp. Announces CEO Changes

Commerce Resources Corp. Announces Results from Saville Resources Inc.'s 2022 Drill Program at its Niobium Claim Group Property

Commerce Resources Corp. announced that it has received CAD 1.310748 million in funding

Commerce Resources Ships 100 G Sample of Mixed Rec Concentrate - 21.9% Ndpr - to Major Global Processor Located Outside of China

Less than half of directors are independent

Commerce Resources Corp. Produces 1.2 Kg of 52% REO Mixed REC Concentrate with 21.9% NdPr - for Shipment to Major Global Processor and Major Emerging Global Processor

Commerce Resources Corp. Completes Final Hole of Its 2022 Drill Program At the Ashram Rare Earth and Fluorspar Deposit, Quebec

Commerce Resources Corp. announced that it expects to receive CAD 2 million in funding

Commerce Resources Extends Mineralization Along Strike At the Ashram Rare Earth and Fluorspar Deposit, Quebec

Commerce Resources Corp. Delivers Ashram Whole Rock Material Per Industry Request

Commerce Resources Corp. Commences Summer Drill Program at the Ashram Rare Earth and Fluorspar Deposit

Commerce Resources Corp. Produces Additional Mixed REC Sample with 22.4% NdPr from the Ashram Deposit, Quebec

Less than half of directors are independent

Commerce Resources Corp. Intersects 2.07% Reo over 129.5 M At the Ashram Ree/ Fluorspar Deposit, Quebec

Commerce Resources Corp. Announces Assay Results Received from Three Additional Holes Completed At the Ashram Rare Earth and Fluorspar Deposit

Commerce Resources Intersects 2.09% Reo over 110.4 M At the Ashram Deposit, Quebec

Commerce Resources Corp. Announces Assay Results Received for the First Four (4) Holes Completed At the Ashram Rare Earth and Fluorspar Deposit

Commerce Resources Corp. announced that it has received CAD 2.4196 million in funding

Commerce Resources Corp. announced that it expects to receive CAD 2.996 million in funding

Commerce Resources Corp. Achieves 98% Ndpr Recoveries into Solution from Sulphation Crack of Its High-Grade Concentrates

Commerce Resources Corp. Provide an Update on Its Upcoming Summer Diamond Drill Program At the Ashram Rare Earth and Fluorspar Deposit, Located in Northern Quebec

Commerce Resources Corp. Provides Update on Mixed Rare Earth Carbonate Metallurgical Program for Ashram Deposit

Commerce Resources Corp. announced that it has received CAD 2.586097 million in funding

Commerce Resources Corp. Delivers High-Grade 44.3% REO Monazite Concentrate to Third-Party Processor

Commerce Resources Corp. Announces Plans for Summer Drill Program At the Ashram Rare Earth and Fluorspar Deposit

New 90-day high: CA$0.39

Commerce Resources Corp. Announces Results from XRF Ore Sorting Test Program, Ashram Deposit, Quebec

Commerce Resources Corp. Announces the Delivery of Acid-Spar Sample

New 90-day high: CA$0.33

Commerce Resources Corp. announced that it expects to receive CAD 2.5 million in funding

Commerce Resources Corp. Produces Additional Samples of Acid-grade Fluorspar Concentrate from the Ashram Rare Earth and Fluorspar Deposit

New 90-day low: CA$0.20

Commerce Resources Corp. announced that it expects to receive CAD 2 million in funding

New 90-day low: CA$0.23

Commerce Resources Corp. Announces Test Project with MineSense through its Collaboration with CanmetMINING for the Ashram Deposit, Quebec