Explore 3 Stock Ideas & Industry Insights Download Free Report

Canagold Resources Ltd

Company price
0.64 CAD 0.02 ( 3.23%)
Last update at 2026-11-04T18:46:00Z
VOLUME
25408
Market Cap
121.95M

Momentum Score

…

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.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.62
Low
0.64
High
52 Week Price Range
0.31
Low
0.79
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Canagold Resources Ltd appears to be a junior mineral exploration company focused on precious metals in Canada, though public detail on its assets and operations is limited. Long-term growth drivers may include successful discovery and delineation of economic mineral resources, access to financing to advance projects, and exposure to gold price appreciation, which may be attractive to investors seeking exploration upside.

Principal risks include high exploration and execution risk with uncertain or no defined mineral resources, frequent need for dilutionary financing, commodity price volatility, and regulatory or permitting challenges that could impede project advancement.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.62
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
0.00
ROE
-8.11%
Net Debt
-0.72M
ROCE
-4.70%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -1.76M -1.38M -3.08M -2.02M -2.04M
Net income -2.59M -1.12M -3.05M -2.71M -1.83M
Selling general administrative 1.48M 0.71M 0.79M 1.78M 2.31M
Selling and marketing expenses - 0.13M 0.15M - -
Gross profit -0.08M -0.08M -0.09M -0.06M -0.06M
Reconciled depreciation 0.08M 0.08M 0.09M 0.06M 0.06M
Ebit -1.75M -1.46M -3.46M -2.25M -2.36M
Ebitda -1.67M -1.43M -1.53M -2.19M -2.30M
Depreciation and amortization 0.08M 0.03M 1.93M 0.06M 0.06M
Operating income -1.68M -1.46M -1.63M -2.25M -2.36M
Other operating expenses 1.68M 1.46M 1.63M 2.25M 2.36M
Interest expense 0.01M 0.01M 0.04M 0.07M 0.03M
Tax provision 0.83M -0.26M -0.03M 0.68M -0.21M
Interest income 0.04M 0.06M 0.07M 0.00M 0.41M
Net interest income 0.03M 0.14M 0.03M -0.07M -0.03M
Income tax expense 0.83M -0.26M -0.03M 0.68M -0.21M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 1.61M 1.46M 1.63M 2.19M 2.31M
Cost of revenue 0.08M 0.08M 0.09M 0.06M 0.06M
Total other income expense net -0.07M 0.08M -1.45M 0.22M 0.32M
Net income from continuing ops -2.59M -1.12M -3.05M -2.71M -1.83M
Net income applicable to common shares - -1.12M -3.05M -2.71M -1.83M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 38.42M 32.74M 33.23M 32.63M 27.58M
Other current assets - - 0.00M - -
Total liab 4.45M 2.77M 2.49M 3.12M 1.29M
Total stockholder equity 33.97M 29.98M 30.74M 29.51M 26.29M
Other current liab 1.18M - 0.00M 1.36M 1.16M
Common stock 96.66M - 88.77M 85.47M 77.75M
Capital stock 96.66M 91.69M 88.77M 85.47M 77.75M
Retained earnings -59.21M -56.63M -55.52M -52.78M -51.09M
Other liab - - - 1.50M 0.11M
Cash 0.82M 0.68M 2.81M 3.83M 2.01M
Total current liabilities 1.24M 0.99M 0.71M 1.43M 1.18M
Current deferred revenue - - 0.65M - -
Net debt -0.72M - -2.60M -3.57M -1.99M
Short term debt 0.06M - 0.06M 0.06M 0.02M
Short long term debt total 0.10M - 0.21M 0.26M 0.02M
Other stockholder equity 0.64M - 0.00M 0.81M 1.68M
Property plant equipment - - - 26.82M 23.82M
Total current assets 1.01M 1.14M 5.27M 5.81M 3.76M
Net tangible assets - - - 29.51M 26.29M
Short term investments 0.02M 0.22M 1.53M 0.85M 1.30M
Net receivables 0.17M 0.25M 0.92M 1.13M 0.45M
Inventory - - -0.00M - -
Accounts payable - - 0.00M 1.30M 0.93M
Accumulated other comprehensive income -4.11M - -3.17M -3.99M -2.05M
Non currrent assets other - - 1.53M - -
Non current assets total 37.41M 31.60M 27.96M 26.82M 23.82M
Capital lease obligations 0.10M 0.15M 0.21M 0.26M 0.02M
Long term debt total - - - 0.20M 0.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments 0.11M -4.56M -2.79M -4.28M 0.66M
Change to liabilities - - - 0.37M 0.60M
Total cashflows from investing activities -4.17M -4.56M -2.79M -4.28M -7.55M
Net borrowings -0.06M -0.06M -0.06M -0.04M -0.04M
Total cash from financing activities 5.02M 2.95M 3.24M 8.21M 4.40M
Net income -2.59M -1.12M -3.05M -2.71M -1.83M
Change in cash 0.14M -2.13M -1.01M 1.82M -4.11M
Begin period cash flow 0.68M 2.81M 3.83M 2.01M 6.12M
End period cash flow 0.82M 0.68M 2.81M 3.83M 2.01M
Total cash from operating activities -0.82M -0.36M -1.73M -1.33M -0.89M
Issuance of capital stock 5.08M 3.02M 3.30M 8.25M 4.17M
Depreciation 0.08M 0.08M 0.09M 0.06M 0.06M
Other cashflows from investing activities - 1.11M 0.00M 0.33M 0.66M
Change to account receivables 0.20M 0.66M 0.00M -0.85M -0.15M
Sale purchase of stock - 3.02M 3.30M 8.25M 4.44M
Other cashflows from financing activities - - -2.79M 1.94M 0.28M
Change to netincome - - - 1.79M 0.43M
Capital expenditures 4.28M 5.67M 4.55M 4.60M 8.21M
Change in working capital 0.21M 0.47M -0.66M -0.48M 0.45M
Stock based compensation 0.55M 0.32M 0.39M 0.15M 0.97M
Other non cash items 0.11M 0.15M 1.92M 0.96M -0.34M
Free cash flow -5.09M -6.03M -6.28M -5.93M -9.10M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
CCM
Canagold Resources Ltd
0.02
3.23%
0.64 - - 224.17 2.58 133.38 -12.79
AEM
Agnico Eagle Mines Limited
23.16
9.89%
257.35 24.22 15.85 11.68 4.34 8.85 12.58
ABX
Barrick Gold Corp
4.13
7.95%
56.06 14.39 10.63 5.80 2.63 4.04 6.19
WPM
Wheaton Precious Metals Corp
17.87
10.86%
182.41 43.69 24.75 38.06 7.39 27.40 31.65
FNV
Franco-Nevada Corporation
22.66
7.16%
339.21 42.91 30.30 36.18 6.45 26.79 28.34

Profile*

Canagold Resources Ltd

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.

625 Howe Street, Vancouver, BC, Canada, V6C 2T6

604 685 9700

3

Name Title Year Born
Mr. Garry D. Biles P.Eng. Pres & COO 1950
Mr. Philip Yee C.G.A., C.M.A., CPA, CPA, M.B.A. CFO, VP of Fin. & Corp. Sec. 1963
Mr. Knox Henderson VP of Corp. Devel. NA
Mr. Troy Gill B.Sc. VP of Exploration 1971
Mr. Catalin Kilofliski B.Com Chief Exec. Officer 1974
Mr. Mike Doyle M.Sc. Director & Chief Technical Officer NA
Mr. Catalin Kilofliski B.Com Chief Executive Officer 1974
Mr. Garry D. Biles P.Eng. President & COO 1950
Mr. Mihai Draguleasa CPA CFO & Company Secretary 1980
Mr. Michael Doyle M.Sc. Chief Technical Officer & Director NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…