Explore 3 Stock Ideas & Industry Insights Download Free Report

Canadian North Resources Inc.

Company price
0.195 CAD 0.00(0%)
Last update at 2026-11-03T20:39:00Z
VOLUME
100
Market Cap
34.30M

Momentum Score

…

Canadian North Resources Inc. engages in the exploration and development of mineral properties in Canada. The company primarily explores for nickel, copper, cobalt, palladium, platinum, gold, silver, and rhodium deposits. Its flagship property is the 100% Ferguson Lake property comprising 10 contiguous mining leases covering an area of 9,686 hectares located in the Kivalliq Region of Nunavut, Canada. The company was formerly known as Canadian North Resources and Development Corp. and changed its name to Canadian North Resources Inc. in November 2020. Canadian North Resources Inc. was incorporated in 2013 and is headquartered in Mississauga, 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
0.20
Low
0.20
High
52 Week Price Range
0.24
Low
1.00
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

Canadian North Resources Inc. is a Canada-listed mineral exploration company focused on identifying and advancing prospective base and precious metal targets, with limited public disclosure. Long-term growth may be driven by successful exploration results, favorable commodity prices and the ability to secure financing or joint-venture partners. The stock may appeal to investors seeking upside optionality from early-stage resource projects.
Principal risks include exploration and execution failure, frequent financing and dilution, low liquidity and limited disclosure, and sensitivity to commodity prices and permitting or regulatory delays.

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
0.20
Dividend Yield
-
Revenue TTM
0.01M
Revenue Per Share
-
Gross Profit TTM
0.01M
Debt / Equity
-
ROE
-1.60%
Net Debt
-
ROCE
-5.21%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -2.41M -3.26M -3.89M -1.47M -0.30M
Net income -1.89M -6.40M -3.89M -1.45M -0.30M
Selling general administrative 2.31M 6.80M 3.92M 1.44M 0.28M
Gross profit -0.02M -0.09M -0.07M -0.03M -0.03M
Reconciled depreciation 0.02M 0.09M 0.07M 0.03M 0.03M
Ebit - - -3.89M -1.47M -0.30M
Ebitda - - -3.92M -1.44M -0.28M
Operating income -2.40M -6.97M -3.99M -1.47M -0.30M
Interest expense 0.16M 0.20M - - -
Tax provision -0.52M 3.14M - - -
Interest income 0.14M 0.20M 0.09M - -
Net interest income -0.02M -0.00M 0.09M - -
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 2.40M 6.97M 3.99M 1.47M 0.30M
Cost of revenue 0.02M 0.09M 0.07M 0.03M 0.03M
Total other income expense net 0.01M 3.71M - - -
Net income from continuing ops -1.89M -6.40M -3.89M -1.47M -0.30M
Net income applicable to common shares - - -3.89M -1.45M -0.30M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 47.05M 50.18M 34.64M 25.31M 4.25M
Total liab 3.70M 5.17M 3.51M 2.27M 1.66M
Total stockholder equity 43.36M 45.00M 31.13M 23.04M 2.59M
Other current liab - - 3.08M 2.22M 1.30M
Common stock - - 33.90M 25.50M 5.50M
Capital stock 50.34M 50.15M 33.90M 25.50M 5.50M
Retained earnings -14.64M -12.76M -6.36M -2.46M -1.01M
Cash 1.65M 5.54M 11.07M 19.03M 1.55M
Total current liabilities 0.95M 1.07M 3.51M 2.27M 1.66M
Other stockholder equity - - - - -1.90M
Property plant equipment - - 22.32M 6.25M 2.64M
Total current assets 1.89M 6.29M 12.33M 19.06M 1.60M
Net tangible assets - - 31.13M 23.04M 2.59M
Net receivables - - 1.24M - 0.05M
Accounts payable - - 0.43M 0.05M 0.14M
Non currrent assets other - - - 0.00M -
Non current assets total 45.17M 43.88M 22.32M 6.25M 2.64M
Capital lease obligations 0.96M 1.92M - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -1.46M -18.18M -15.38M -3.63M -0.19M
Change to liabilities - - 0.13M -0.31M 0.12M
Total cashflows from investing activities - - -15.38M -3.63M -0.19M
Net borrowings -1.12M -1.38M - - -
Total cash from financing activities -1.06M 15.45M 9.25M 22.82M 1.91M
Change to operating activities - - -1.19M 0.02M 0.02M
Net income -1.89M -6.40M -3.89M -1.45M -0.30M
Change in cash -3.89M -5.53M -7.96M 17.47M 1.55M
Begin period cash flow 5.54M 11.07M 19.03M 1.55M 0.00M
End period cash flow 1.65M 5.54M 11.07M 19.03M 1.55M
Total cash from operating activities -1.38M -2.80M -1.83M -1.72M -0.16M
Issuance of capital stock 0.18M 17.31M 9.84M 20.92M 1.30M
Depreciation 0.02M 0.09M 0.07M 0.03M 0.03M
Sale purchase of stock -0.12M 0.00M - - -
Other cashflows from financing activities - - -0.59M -0.59M -0.59M
Change to netincome - - 3.06M 3.06M 3.06M
Capital expenditures 1.63M 18.55M 15.38M 3.63M 0.19M
Change in working capital 0.52M 0.19M -1.06M -0.29M 0.12M
Stock based compensation 0.34M 3.69M 3.06M - -
Other non cash items 0.16M -3.51M - - -
Free cash flow -3.01M -21.35M -17.21M -5.35M -0.36M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
CNRI
Canadian North Resources Inc.
-
-%
0.20 - - 5716.02 0.80 -54.47
SGML
Sigma Lithium Resources Corp
0.04
0.51%
7.85 - 23.09 29.72 42.12 32.66
AFM
Alphamin Res
0.02
1.60%
1.27 8.44 9.43 2.78 3.33 3.85
SLI
Standard Lithium Ltd
0.10
5.24%
2.01 - - 79.52 2.40 5.29
FWZ
Fireweed Zinc Ltd
-0.02
0.83%
2.38 - 1250.00 - 26.07 -7.01

Profile*

Canadian North Resources Inc.

Canadian North Resources Inc. engages in the exploration and development of mineral properties in Canada. The company primarily explores for nickel, copper, cobalt, palladium, platinum, gold, silver, and rhodium deposits. Its flagship property is the 100% Ferguson Lake property comprising 10 contiguous mining leases covering an area of 9,686 hectares located in the Kivalliq Region of Nunavut, Canada. The company was formerly known as Canadian North Resources and Development Corp. and changed its name to Canadian North Resources Inc. in November 2020. Canadian North Resources Inc. was incorporated in 2013 and is headquartered in Mississauga, Canada.

299 Courtneypark Drive East, Mississauga, ON, Canada, L5T 2T6

905-696-8288

Name Title Year Born
Dr. Kaihui Yang Ph.D. Pres, CEO & Director 1964
Mr. Carmelo Marrelli ACIS, B.Comm., CA, CGA, CPA Chief Financial Officer 1971
Mr. Leung Yau Yu Treasurer NA
Mr. John Spiteri Sec. NA
Dr. Kaihui Yang Ph.D. President, CEO & Director 1964
Mr. Carmelo Marrelli ACIS, B.Comm., C.A., C.P.A., CGA, CPA Chief Financial Officer 1971
Mr. Yunfeng Ma Treasurer NA
Mr. Carmelo Marrelli ACIS, B.Comm., C.A., C.P.A., CGA Chief Financial Officer 1971

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…