TSX

Canagold Resources Ltd.

CCM.TO•Basic Materials•Gold
Current Price
$0.61
Today's Change
-4.69%
Market Cap
$139.15M
Volume
79.94K
🥇

Commodity Exposure

Gold

Current Price
$4,076.10/oz
-1.78% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

Canagold Resources Ltd. focuses on the evaluation, acquisition, exploration, and development of precious metal properties in the U.S. and Canada. The company has a strong liquidity position with a current ratio of 2.19 and no debt, indicating financial stability. However, it faces concerns with negative returns on equity and assets, suggesting inefficiencies in generating profits. The recent decline in stock price (-4.69%) may reflect market sentiment amidst these challenges, warranting caution for potential investors.

Based on 22 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.80
52 Week Low$0.40
Avg Volume35.14K
Beta0.41
Shares Outstanding228.12M

🔥 Valuation

Market Cap$139.15M
Enterprise Value$134.35M
P/E Ratio-39.38
EV/EBITDA ⚠️-39.75x
Dividend Yield0.00%

Loading financial metrics...

🚩 Red Flags

🟠

Significant Losses

Company posted a loss of $-1.5M over the last year, representing Infinity% of revenue.

🟠

Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $1.1M over the last year.

🌟 Opportunities

🚀

Fortress balance sheet: cash covers total debt 20×, providing significant financial flexibility.

✨

Strong liquidity position with current ratio of 2.2x.

Want the Complete Picture?

Valuation, risk assessment, competitive positioning, and key insights — all in one report.

Free account:3 reports remaining

Recent Developments

Loading news...

Similar companies

Other Gold companies of a similar size