Cordoba Minerals (CDB) AI Stock Analysis

Cordoba Minerals

(TSXV:CDB)

Select Model

Rating:38Underperform

Price Target:CAD 0.23▲(0.00% Upside)

Action:reiterated

Date:09/18/26

The overall score is critically low, driven primarily by the company's pre-revenue status and severe cash burn, which poses an existential risk without continuous financing. The recent balance sheet cleanup is the only mitigating factor but is rapidly being eroded by operating losses. Technicals confirm a bearish trend, and the negative P/E ratio underscores the lack of earnings. This is a highly speculative junior explorer with extreme risk.

Positive Factors

Low current leverageThe latest balance-sheet snapshot provides some near-term financial flexibility, as the company reports no debt and positive equity. This reduces immediate interest and refinancing pressure, although historical volatility means the position may not remain stable if operating losses continue.

Negative Factors

Pre-revenue business modelAn absence of meaningful revenue indicates that Cordoba has not yet established a producing or recurring operating base. Until a project reaches development and production, funding must support exploration and permitting without dependable customer-derived cash inflows, limiting financial resilience.

Cordoba Minerals (CDB) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 22.15M
Dividend Yield: 606.52%
Average Volume (3M): 5,147
Price to Earnings (P/E): -2.5
Beta (1Y): 0.92
Revenue Growth: ―
EPS Growth: -68.86%
Country: Canada
Employees: 0
Sector: General
Sector Strength: 55
Industry: Industrial Materials

Cordoba Minerals Business Overview & Revenue Model

Company Description

Specializing in mineral exploration, Cordoba Minerals Corp. is involved in the acquisition, prospecting, and expansion of base and precious metal sites across Colombia and the United States. The company's exploration efforts primarily target copper,...

How the Company Makes Money

Cordoba Minerals is primarily an exploration-stage company, and specific recurring operating revenue streams are not publicly indicated in the information available to me; therefore, detailed revenue model and key revenue streams are null. null

Cordoba Minerals Financial Statement Overview

Summary

Pre-revenue explorer with no income, persistent deep operating losses (TTM EBIT -$20.7M), and an accelerating cash burn (TTM FCF -$45.7M). A recent balance sheet recapitalization provides a temporary lifeline, but the unsustainable cash outflow and total dependence on external financing represent the highest risk profile.

Income Statement

1Very Negative

Balance Sheet

25Negative

Cash Flow

5Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Mar 2024	Dec 2022	Dec 2021
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	-561.00K	-1.14M	-972.00K	-611.00K	-368.00K	-310.00K
EBITDA	-19.39M	-34.16M	-28.10M	-36.66M	-29.02M	-20.06M
Net Income	143.98M	-20.06M	-16.16M	-22.90M	-31.61M	-20.47M
Balance Sheet
Total Assets	21.86M	6.93M	19.97M	52.37M	19.40M	11.07M
Cash, Cash Equivalents and Short-Term Investments	20.72M	2.28M	14.52M	5.08M	10.98M	4.95M
Total Debt	0	1.57M	12.22M	1.26M	422.00K	231.00K
Total Liabilities	2.99M	7.61M	13.56M	9.00M	40.34M	1.50M
Stockholders Equity	18.92M	-808.00K	3.93M	25.39M	-20.94M	10.80M
Cash Flow
Free Cash Flow	-45.71M	-33.65M	-31.04M	-41.19M	-26.16M	-20.65M
Operating Cash Flow	-45.60M	-33.50M	-30.30M	-44.59M	-25.71M	-20.47M
Investing Cash Flow	173.13M	27.32M	-744.00K	-796.00K	-453.00K	-174.00K
Financing Cash Flow	-129.86M	-6.53M	41.26M	34.27M	32.25M	20.12M

Cordoba Minerals Technical Analysis

Technical Analysis SentimentNegative

Last Price0.23

Price Trends

50DMA0.25Negative

100DMA0.25Negative

200DMA0.22Positive

Market Momentum

MACD-0.01Positive

RSI40.71Neutral

STOCH9.09Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CDB, the sentiment is Negative. The current price of 0.23 is below the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.25, and above the 200-day MA of 0.22, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 40.71 is Neutral, neither overbought nor oversold. The STOCH value of 9.09 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CDB.

Cordoba Minerals Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:CDB against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:OCO	42Neutral	CAD 117.34M	-15.93	-6.68%	―	―	-75.19%
TSE:RTG	40Underperform	CAD 47.79M	-8.25	-49.66%	―	―	11.90%
TSE:HPQ	39Underperform	CAD 56.61M	1.25	109.87%	―	―	―
TSE:CDB	38Underperform	CAD 22.15M	-2.54	1384.30%	606.52%	―	-68.86%

* General Sector Average

Performance Comparison

TSE:CDB and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:CDB	Cordoba Minerals	0.23	0.18	350.98%
TSE:HPQ	HPQ-Silicon Resources	0.10	-0.07	-40.00%
TSE:OCO	Oroco Resource	0.36	0.03	9.09%
TSE:RTG	Rtg Mining, Inc.	0.03	-0.00	-16.67%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 18, 2026

Cordoba Minerals AI Stock Analysis