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1 Comment
Canagold Resources Ltd is currently in a long term downtrend where the price is trading 8.8% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Canagold Resources Ltd's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has increased by 127.9% to $95K since the same quarter in the previous year.
Finally, its free cash flow fell by 49.1% to $-902K since the same quarter in the previous year.
Based on the above factors, Canagold Resources Ltd gets an overall score of 2/5.
Exchange | TO |
---|---|
CurrencyCode | CAD |
Sector | Basic Materials |
Industry | Gold |
ISIN | CA1368421014 |
PE Ratio | None |
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Target Price | 1.4 |
Beta | 0.75 |
Market Cap | 68M |
Dividend Yield | None |
Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. It explores for gold, silver, and copper deposits. The company holds 100% interest in the New Polaris project that consist of 61 crown granted mineral claims and 1 modified grid claim covering an area of approximately 2,956 acres located at Tulsequah River Valley; and the Windfall Hills project consists of the Atna properties, comprising 2 mineral claims covering 959 hectares and the Dunn properties, comprising 8 mineral claims covering 2820 hectares, located near south of Burns Lake. It also holds interest in the Princeton Gold property. The company was formerly known as Canarc Resource Corp. and changed its name to Canagold Resources Ltd. in December 2020. Canagold Resources Ltd. was incorporated in 1987 and is based in Vancouver, Canada.
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