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Canagold Resources (CANA) Stock Price & Analysis

CANA Stock Chart & Stats

€0.38-€0.01(-2.54%)
At close: 5:30 PM GMT+1
€0.41€0.42€0.43€0.4424 Sep1 Oct20 Oct
Day’s Range
EUR 0.38 - EUR 0.40
52-Week Range
EUR 0.23 - EUR 0.48
Previous Close
EUR 0.39
Volume
0
Average Volume (3M)
938
Market Cap
EUR 90.62M
Enterprise Value
EUR 114.01M
Total Cash (Recent Filing)
EUR 2.65M
Total Debt (Recent Filing)
EUR 70.88K
Price to Earnings (P/E)
―
Beta
0.25
Next Earnings
Nov 16, 2026 (Est.)
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Minimal Leverage

Extremely low leverage provides Canagold with financial flexibility and reduces solvency pressure while it advances its projects. A lightly indebted balance sheet can also make it easier to fund development work, withstand operating setbacks, and pursue strategic financing without heavy interest obligations.

Growing Equity Base

The larger equity and asset base gives Canagold more resources supporting its exploration and development portfolio than it had in 2021. Although these assets are not yet producing profits, balance-sheet expansion can strengthen the company’s capacity to advance technical studies and permitting.

Gold Project Portfolio

A focused portfolio anchored by the New Polaris gold project gives Canagold a clear long-term development objective while retaining exposure to additional exploration properties. Successful technical studies, permitting, or resource advancement could increase the strategic value of these mineral assets over time.

Bears Say

No Operating Revenue

Without operating revenue, Canagold has no demonstrated production-based earnings stream to support its activities. Its financial results therefore depend on advancing mineral assets and securing funding, leaving near-term profitability structurally unproven until a project reaches production.

Persistent Losses

Recurring net and operating losses show that the current business model is not self-funding and has yet to convert exploration assets into earnings. Continued losses can reduce financial resources over time and increase the importance of successful project advancement or additional capital.

Negative Cash Generation

Sustained negative operating and free cash flow indicates ongoing cash burn while Canagold funds exploration, development, and corporate activities. Because spending is not offset by internal cash generation, the company remains reliant on external funding to maintain operations and advance its projects.

Canagold Resources News

CANA FAQ

What was Canagold Resources’s price range in the past 12 months?
Canagold Resources lowest stock price was €0.23 and its highest was €0.48 in the past 12 months.
What is Canagold Resources’s market cap?
Canagold Resources’s market cap is €90.62M.
When is Canagold Resources’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Canagold Resources’s earnings last quarter?
Canagold Resources released its earnings results on Aug 13, 2026. The company reported -€0.001 earnings per share for the quarter.
Is Canagold Resources overvalued?
According to Wall Street analysts Canagold Resources’s price is currently Undervalued.
Does Canagold Resources pay dividends?
Canagold Resources does not currently pay dividends.
What is Canagold Resources’s EPS estimate?
Canagold Resources’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Canagold Resources have?
Canagold Resources has 228,115,070 shares outstanding.
What happened to Canagold Resources’s price movement after its last earnings report?
Canagold Resources reported an EPS of -€0.001 in its last earnings report. Following the earnings report the stock price went down -1.775%.
Which hedge fund is a major shareholder of Canagold Resources?
Currently, no hedge funds are holding shares in DE:CANA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology