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Freeport Resources
(FRI)
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Rating:46Neutral
Price Target:
C$0.06
▲(28.00% Upside)
Action:Reiterated
Date:10/03/26
The score is held down primarily by weak financial performance (minimal revenue, ongoing losses, and sustained cash burn). Technical indicators add some support due to modest positive momentum, but valuation is constrained by negative earnings and no dividend yield data.
Positive Factors
Debt-Free Balance Sheet
The absence of debt lowers fixed financial obligations and reduces exposure to refinancing or interest pressure. That gives the company more flexibility to direct scarce capital toward exploration and asset advancement, although it does not offset the underlying cash burn.
Negative Factors
Minimal Revenue Base
The lack of a meaningful revenue base limits internal funding for exploration and leaves the company dependent on asset transactions or external capital. Without recurring operating income, progress toward value creation remains sensitive to financing access and exploration outcomes.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
The absence of debt lowers fixed financial obligations and reduces exposure to refinancing or interest pressure. That gives the company more flexibility to direct scarce capital toward exploration and asset advancement, although it does not offset the underlying cash burn.
Read all positive factors
Freeport Resources (FRI) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$22.78M
Dividend YieldN/A
Average Volume (3M)73.14K
Price to Earnings (P/E)―
Beta (1Y)1.59
Revenue GrowthN/A
EPS Growth1.03%
CountryCA
Employees200
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.01
Shares Outstanding379,745,360
10 Day Avg. Volume78,043
30 Day Avg. Volume73,135
Financial Highlights & Ratios
PEG Ratio0.27
Price to Book (P/B)9.82
Price to Sales (P/S)0.00
P/FCF Ratio-10.16
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
Freeport Resources Business Overview & Revenue Model
Company Description
Freeport Resources Inc. functions as an emerging mining exploration firm, dedicated to identifying and assessing potential mineral deposits. The company holds interests in various resource properties across Papua New Guinea, Newfoundland and Labra...
How the Company Makes Money
Freeport Resources does not typically generate recurring operating revenue in the way a producing miner does; instead, its economic model is primarily tied to the advancement and monetization of exploration assets. The company generally seeks to c...
Freeport Resources Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
44
Neutral
Cash Flow
18
Very Negative
| Breakdown | Apr 2026 | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 4.09M |
| Gross Profit | 0.00 | 0.00 | 0.00 | -91.47K | -4.09K |
| EBITDA | -3.61M | -4.23M | -2.13M | -1.30M | -5.85M |
| Net Income | -3.65M | -4.23M | -2.29M | -1.49M | -6.47M |
Balance Sheet | |||||
| Total Assets | 3.17M | 2.61M | 778.18K | 1.28M | 1.61M |
| Cash, Cash Equivalents and Short-Term Investments | 2.92M | 2.41M | 633.46K | 1.13M | 1.44M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 322.40K | 123.37K | 116.39K | 684.57K | 153.41K |
| Stockholders Equity | 2.85M | 2.48M | 661.79K | 593.33K | 1.45M |
Cash Flow | |||||
| Free Cash Flow | -2.75M | -3.30M | -2.69M | -948.35K | -2.00M |
| Operating Cash Flow | -2.75M | -3.30M | -2.69M | -852.90K | -1.44M |
| Investing Cash Flow | 0.00 | 14.82K | 0.00 | -95.44K | -488.97K |
| Financing Cash Flow | 3.27M | 5.06M | 2.19M | 646.67K | 194.30K |
Freeport Resources Technical Analysis
Positive
0.05
Price Trends
0.05
Positive
0.06
Positive
0.06
Negative
Market Momentum
<0.01
Positive
55.37
Neutral
122.22
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FRI, the sentiment is Positive. The current price of 0.05 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 55.37 is Neutral, neither overbought nor oversold. The STOCH value of 122.22 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:FRI.
Freeport Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | C$5.25M | 1.66 | 47.96% | 40.00% | ― | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | C$5.02M | -2.38 | -15.68% | ― | 1077.69% | 37.31% | |
46 Neutral | C$22.78M | -7.39 | -184.31% | ― | ― | 1.03% | |
45 Neutral | C$10.19M | -3.03 | 75.67% | ― | ― | 25.43% |
* General Sector Average
TSE:FRI
Freeport Resources
0.07
0.04
116.67%
TSE:CPS
Canadian Premium Sand Inc
0.11
-0.02
-16.00%
TSE:BAD
York Harbour Metals Inc
0.09
0.02
20.00%
TSE:XTM
Transition Metals
0.06
-0.02
-27.50%
TSE:HAR
Harfang Exploration
0.05
-0.05
-50.00%
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.