CCM:CA:TSX-Canagold Resources Ltd (CAD)

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 0.49

Change

-0.01 (-2.00)%

Market Cap

CAD 0.04B

Volume

0.09M

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

Canagold Resources Ltd. engages in the acquisition, exploration, and development of precious metal properties in the United States and Canada. The company explores for gold and silver deposits. It primarily owns a direct interest in the precious metal properties, including the New Polaris, Windfall Hills, and Princeton properties located in British Columbia; and Fondaway and Corral Canyon properties located in Nevada. The company was formerly known as Canarc Resource Corp. and changed its name to Canagold Resources Ltd. in December 2020. Canagold Resources Ltd. was founded in 1987 and is headquartered in Vancouver, Canada. Address: 625 Howe Street, Vancouver, BC, Canada, V6C 2T6

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-03-03 )

Largest Industry Peers for Gold

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
NGT:CA Newmont Corporation

-1.77 (-2.47%)

CAD57.67B 20.42 9.76
ABX:CA Barrick Gold Corporation

-0.40 (-1.59%)

CAD44.60B 19.19 5.68
FNV:CA Franco-Nevada Corporation

-3.68 (-2.62%)

CAD26.78B 101.24 48.92
WPM:CA Wheaton Precious Metals Corp

-1.32 (-2.83%)

CAD20.87B 48.89 29.80
NCM:CA Newcrest Mining Limited

N/A

CAD19.96B 19.78 7.93
AEM:CA Agnico Eagle Mines Limited

-1.20 (-1.67%)

CAD17.53B 34.32 12.65
KL:CA Kirkland Lake Gold Ltd

-1.08 (-2.52%)

CAD11.45B 14.73 6.54
K:CA Kinross Gold Corporation

-0.06 (-0.74%)

CAD10.23B 7.67 4.13
BTO:CA B2Gold Corp

-0.17 (-2.97%)

CAD6.01B 9.68 5.10
EDV:CA Endeavour Mining Corporation

-0.50 (-2.05%)

CAD5.92B 198.06 17.01

ETFs Containing CCM:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Gold)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -36.36% 5% F 1% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -36.36% 5% F 1% F
Trailing 12 Months  
Capital Gain 96.00% 85% B 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 96.00% 86% B 91% A-
Trailing 5 Years  
Capital Gain -10.91% 19% F 24% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -10.91% 19% F 20% F
Average Annual (5 Year Horizon)  
Capital Gain 14.07% 45% F 85% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 14.07% 46% F 84% B
Risk Return Profile  
Volatility (Standard Deviation) 60.00% 36% F 10% F
Risk Adjusted Return 23.44% 36% F 47% F
Market Capitalization 0.04B 7% F 19% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Gold)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 11.00 70% C- 71% C-
Price/Book Ratio 2.00 46% F 45% F
Price / Cash Flow Ratio -43.11 81% B- 92% A-
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -12.05% 23% F 28% F
Return on Invested Capital -5.39% 44% F 27% F
Return on Assets -6.69% 21% F 19% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 1.37 62% D- 42% F
Short Percent 0.18% 80% B- 97% A+
Beta 1.52 23% F 25% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.