Condor Resources Inc.

OTCPK:CNRI.F Stock Report

Market Cap: US$15.7m

Condor Resources Valuation

Is CNRI.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate CNRI.F's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CNRI.F's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for CNRI.F?

Key metric: As CNRI.F is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for CNRI.F. This is calculated by dividing CNRI.F's market cap by their current book value.
What is CNRI.F's PB Ratio?
PB Ratio2.3x
BookCA$9.72m
Market CapCA$21.88m

Price to Book Ratio vs Peers

How does CNRI.F's PB Ratio compare to its peers?

The above table shows the PB ratio for CNRI.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average9.4x
TMRC Texas Mineral Resources
18.5xn/aUS$18.7m
UECX.F Urano Energy
2.3xn/aUS$10.6m
FEAM 5E Advanced Materials
16.5x18.1%US$31.7m
GESI General European Strategic Investments
0.4xn/aUS$7.2m
CNRI.F Condor Resources
2.3xn/aUS$21.9m

Price-To-Book vs Peers: CNRI.F is good value based on its Price-To-Book Ratio (2.3x) compared to the peer average (9.4x).


Price to Book Ratio vs Industry

How does CNRI.F's PB Ratio compare vs other companies in the US Metals and Mining Industry?

8 CompaniesPrice / BookEstimated GrowthMarket Cap
NEVD.Q Nevada Copper
0.1xn/aUS$26.02m
VITF.F Victoria Gold
0.06xn/aUS$23.43m
BMXI Brookmount Explorations
0.1xn/aUS$5.42m
LITM Snow Lake Resources
0.2xn/aUS$4.36m
CNRI.F 2.3xIndustry Avg. 1.7xNo. of Companies15PB012345+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: CNRI.F is expensive based on its Price-To-Book Ratio (2.3x) compared to the US Metals and Mining industry average (1.7x).


Price to Book Ratio vs Fair Ratio

What is CNRI.F'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.

CNRI.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.3x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate CNRI.F's Price-To-Book Fair Ratio for valuation analysis.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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