Want to see TSE:CLZ full AI Analyst Report?
Top Page
Canasil Resources
(CLZ)
Select Model
Select Model
Rating:46Neutral
Price Target:
C$0.04
▲(10.00% Upside)
Action:N/A
Date:09/24/26
The score is held down primarily by weak financial fundamentals—no revenue, ongoing losses, and negative equity—despite low leverage. Recent improvement to slightly positive operating/free cash flow provides some support, but sustainability remains uncertain. Technical indicators are broadly neutral to mildly bearish, and valuation is hard to justify with negative earnings and no dividend data.
Positive Factors
Low leverage
Minimal debt limits interest obligations and refinancing exposure, giving the company greater flexibility while it advances exploration projects. Although the balance sheet remains weak overall, low leverage reduces one important source of financial pressure during periods without producing-asset revenue.
Negative Factors
No recurring revenue
The absence of operating revenue confirms that the company remains pre-revenue or non-producing, leaving exploration outcomes rather than sales to drive future economic value. This limits earnings visibility and means ongoing corporate and project spending cannot be funded by a stable product-sales base.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Minimal debt limits interest obligations and refinancing exposure, giving the company greater flexibility while it advances exploration projects. Although the balance sheet remains weak overall, low leverage reduces one important source of financial pressure during periods without producing-asset revenue.
Read all positive factors
Canasil Resources (CLZ) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$7.01M
Dividend YieldN/A
Average Volume (3M)22.04K
Price to Earnings (P/E)―
Beta (1Y)0.48
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees6
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding155,814,290
10 Day Avg. Volume8,236
30 Day Avg. Volume22,042
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)-7.54
Price to Sales (P/S)0.00
P/FCF Ratio159.84
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Canasil Resources Business Overview & Revenue Model
Company Description
Canasil Resources Inc. specializes in identifying and progressing mineral prospects, targeting reserves of silver, gold, copper, zinc, and lead. The company maintains complete ownership of several projects situated across Mexico's Durango and Zaca...
How the Company Makes Money
Canasil Resources generally does not operate producing mines; its business model is centered on mineral exploration and project advancement. As a result, it typically does not generate recurring revenue from product sales. Instead, the company’s a...
Canasil Resources Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
28
Negative
Cash Flow
42
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Dec 2023 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | -5.74K | -9.54K | -43.35K |
| EBITDA | -914.54K | -438.80K | -141.29K | -546.49K | -912.58K | -2.18M |
| Net Income | -540.01K | 0.00 | -116.32K | -576.28K | -899.55K | -2.23M |
Balance Sheet | ||||||
| Total Assets | 468.42K | 94.23K | 61.15K | 70.13K | 199.89K | 604.18K |
| Cash, Cash Equivalents and Short-Term Investments | 389.56K | 31.86K | 4.87K | 6.95K | 54.27K | 451.24K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 465.15K | 666.39K | 633.31K | 525.98K | 279.45K | 91.74K |
| Stockholders Equity | 3.27K | -572.16K | -572.16K | -455.85K | -79.56K | 512.44K |
Cash Flow | ||||||
| Free Cash Flow | -235.72K | 26.99K | -14.73K | -279.63K | -704.05K | -2.01M |
| Operating Cash Flow | -235.72K | 26.99K | -14.73K | -279.63K | -704.05K | -2.01M |
| Investing Cash Flow | 0.00 | 0.00 | 12.64K | 32.31K | 0.00 | 4.94K |
| Financing Cash Flow | 500.00K | 0.00 | 0.00 | 200.00K | 307.08K | 1.53M |
Canasil Resources Technical Analysis
Negative
0.04
Price Trends
0.04
Negative
0.04
Negative
0.05
Negative
Market Momentum
>-0.01
Positive
48.52
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CLZ, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 48.52 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CLZ.
Canasil Resources Peers Comparison
UnderperformOutperform
Sector (55)
TSE:CLZ
Canasil Resources
0.05
<0.01
28.57%
TSE:VLX
Currie Rose Resources
0.03
-0.02
-37.50%
TSE:GMI.H
Goldstar Minerals
0.06
0.00
0.00%
TSE:NL
Northern Lion Gold
0.18
-0.02
-7.89%
TSE:PHD
Providence Gold Mines Inc
0.04
0.00
0.00%
TSE:BATT
Dark Star Minerals, Inc.
0.08
-0.52
-86.64%
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.