TSX-V

CanAsia Energy Corp.

CEC.V•Energy•Oil & Gas E&P
Current Price
$0.37
Today's Change
+0.00%
Market Cap
$42.05M
Volume
34.50K
🛢️

Commodity Exposure

Crude Oil

Current Price
$98.41/barrel
+1.30% today
💡

Industry Context

Energy companies are highly sensitive to oil prices. Every $10/barrel change can impact operating margins by 15-25%.

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

💡 Quick Take

CanAsia Energy Corp. is a junior oil and gas company in Canada, focusing on its Sawn Lake property in Alberta. While it has a low debt-to-equity ratio of 0.01, indicating strong financial leverage, its negative return on equity (-11.8%) and return on assets (-5.5%) raise concerns about profitability. The current ratio of 1.19 suggests adequate liquidity, but the lack of market movement and a market cap of $42.05M may reflect investor caution regarding its growth potential. Overall, the company shows promise but faces significant financial challenges.

Based on 19 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.48
52 Week Low$0.06
Avg Volume115.56K
Beta0.99
Shares Outstanding113.64M

🔥 Valuation

Market Cap$42.05M
Enterprise Value$39.88M
P/E Ratio2.43
EV/EBITDA ⚠️-2.27x
Dividend Yield0.00%

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🚩 Red Flags

🟠

Significant Losses

Company posted a loss of $-3.1M over the last year, representing Infinity% of revenue.

🟠

Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $2.9M over the last year.

🌟 Opportunities

🚀

Fortress balance sheet: cash covers total debt 114×, providing significant financial flexibility.

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