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Condor Resources
(CN)
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Rating:44Neutral
Price Target:
C$0.12
▼(-24.38% Downside)
Action:Reiterated
Date:10/31/26
The score is primarily held back by weak financial performance (no revenue, ongoing losses, and persistent negative operating/free cash flow) and bearish technicals (trading below major moving averages with negative MACD). The main stabilizing factor is a low-leverage balance sheet with effectively zero debt, while valuation is difficult to assess meaningfully due to the negative P/E and no dividend yield data.
Positive Factors
Debt-free balance sheet
Effectively zero debt reduces refinancing pressure and preserves financial flexibility during exploration cycles. This gives Condor more room to allocate capital toward geological work and drilling without the additional fixed obligations that leveraged companies must service.
Negative Factors
No operating revenue
The absence of revenue means Condor currently lacks an operating income stream to fund exploration or demonstrate commercial scale. Until projects progress beyond exploration, the company remains dependent on capital resources rather than internally generated business revenue.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Effectively zero debt reduces refinancing pressure and preserves financial flexibility during exploration cycles. This gives Condor more room to allocate capital toward geological work and drilling without the additional fixed obligations that leveraged companies must service.
Read all positive factors
Condor Resources (CN) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$18.79M
Dividend YieldN/A
Average Volume (3M)20.47K
Price to Earnings (P/E)―
Beta (1Y)0.35
Revenue GrowthN/A
EPS Growth74.56%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding150,338,130
10 Day Avg. Volume23,092
30 Day Avg. Volume20,466
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)3.38
Price to Sales (P/S)0.00
P/FCF Ratio-17.01
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
Condor Resources Business Overview & Revenue Model
Company Description
This exploration-stage enterprise, Condor Resources Inc., concentrates its efforts on securing, investigating, and developing mineral properties within Peru. The firm targets a variety of deposits, including those rich in gold, silver, copper, lea...
Condor Resources Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
63
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Feb 2026 | May 2026 | May 2025 | May 2024 | May 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | -111.09K | -39.90K | ― | ― |
| EBITDA | -1.84M | -1.82M | -848.80K | -113.82K | -240.39K | 0.00 |
| Net Income | -1.28M | -1.47M | -4.74M | 1.22M | 439.40K | 119.53K |
Balance Sheet | ||||||
| Total Assets | 6.19M | 6.22M | 5.92M | 10.50M | 7.19M | 6.33M |
| Cash, Cash Equivalents and Short-Term Investments | 109.87K | 175.93K | 268.81K | 2.28M | 671.04K | 359.81K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 40.00K | 40.00K |
| Total Liabilities | 412.49K | 507.13K | 219.02K | 131.48K | 141.75K | 141.87K |
| Stockholders Equity | 5.78M | 5.71M | 5.70M | 10.37M | 7.05M | 6.19M |
Cash Flow | ||||||
| Free Cash Flow | -1.06M | -1.13M | -764.58K | -417.25K | -1.30M | -1.08M |
| Operating Cash Flow | -1.06M | -1.13M | -764.58K | -413.84K | -399.85K | -341.42K |
| Investing Cash Flow | 350.21K | 4.09K | -692.76K | -492.70K | 668.02K | -115.11K |
| Financing Cash Flow | 46.41K | 1.07M | 0.00 | 2.06M | 0.00 | 171.00K |
Condor Resources Technical Analysis
Negative
0.16
Price Trends
0.15
Negative
0.15
Negative
0.16
Negative
Market Momentum
>-0.01
Negative
34.75
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CN, the sentiment is Negative. The current price of 0.16 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.15, and above the 200-day MA of 0.16, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 34.75 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CN.
Condor Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | C$88.37M | -11.93 | -36.02% | ― | ― | 60.00% | |
48 Neutral | C$27.77M | -0.79 | 113.17% | ― | ― | -80.76% | |
44 Neutral | C$18.79M | -14.53 | -21.65% | ― | ― | 74.56% | |
42 Neutral | C$26.58M | -8.06 | -2918.94% | ― | ― | 70.90% | |
42 Neutral | C$14.23M | -2.53 | -192.11% | ― | ― | -37.34% | |
41 Neutral | C$14.25M | -3.25 | -534.01% | ― | ― | -2.47% |
* General Sector Average
TSE:CN
Condor Resources
0.13
-0.04
-21.88%
TSE:ARU
Aurania Resources
0.21
0.04
23.53%
TSE:MRZ
Mirasol Resources
0.30
-0.14
-31.82%
TSE:TSLV
Tier One Silver
0.06
-0.06
-52.17%
TSE:SBMI
Silver Bullet Mines Corp
0.11
-0.19
-64.41%
TSE:CAM
Cascadia Minerals Ltd
0.42
0.22
112.82%
Condor Resources Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Condor Restructures Lucero Project Deal to Strengthen Funding for Peru Exploration
Positive
Aug 10, 2026
Condor Resources Inc. has agreed with Element79 Gold Corp. to restructure payment terms for the Lucero gold-silver project in Peru, resolving a missed US$1.1 million payment from June 2025 and setting a clearer timetable for remaining consideratio...
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.