TSX-V

Decade Resources Ltd.

DEC.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.11
Today's Change
-0.00%
Market Cap
$29.55M
Volume
129.94K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Decade Resources Ltd. is an exploration stage company focused on acquiring and evaluating mineral properties in Canada, primarily targeting copper, silver, and gold. The company shows concerns with a low financial health score of 40, negative ROE and ROA, and a very low current and quick ratio of 0.16, indicating liquidity issues. However, it has no debt, which is a strength. The stock price at $0.11 reflects its early-stage status, and the market cap of $29.55M suggests limited investor confidence, warranting caution for potential investors.

Based on 22 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.21
52 Week Low$0.03
Avg Volume1.05M
Beta0.26
Shares Outstanding268.66M

🔥 Valuation

Market Cap$29.55M
Enterprise Value$34.21M
P/E Ratio-40.74
EV/EBITDA ⚠️-0.73x
Dividend Yield0.00%

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🚩 Red Flags

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Cash Runway Critical

Company has $11K in cash but burned $158K last quarter. At this burn rate, only 0.1 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-8.3M over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $633K over the last year.

🌟 Opportunities

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Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

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