Nobel Resources Corp (NBLC) AI Stock Analysis

Nobel Resources Corp

(TSXV:NBLC)

Select Model

Rating:42Neutral

Price Target:CAD 0.01▼(-6.67% Downside)

Action:reiterated

Date:09/24/26

Overall score is weighed down primarily by weak financial performance (no revenue, persistent losses, and ongoing cash burn with a worse TTM), implying dependence on external funding. Technicals add a secondary headwind due to a weak long-term trend and negative MACD, while valuation is constrained by a negative P/E and lack of dividend support.

Positive Factors

Minimal LeverageMinimal debt reduces interest obligations and lowers balance-sheet pressure compared with highly leveraged peers. This provides some financial flexibility if the company secures funding or advances its operations, although it does not by itself resolve the need for external capital.

Negative Factors

No Commercial RevenueA continuing absence of revenue indicates that the company has not yet reached commercial scale or established a recurring operating base. Without sales, there is limited internal funding capacity and little evidence that future costs can be supported by customer demand.

Nobel Resources Corp (NBLC) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 3.14M
Dividend Yield: ―
Average Volume (3M): 357.52K
Price to Earnings (P/E): -0.7
Beta (1Y): -0.21
Revenue Growth: ―
EPS Growth: -12.96%
Country: Canada
Employees: 0
Sector: General
Sector Strength: 55
Industry: Industrial Materials

Nobel Resources Corp Business Overview & Revenue Model

Company Description

Nobel Resources Corp. specializes in discovering, acquiring, and advancing mineral-rich geological sites. A significant asset for the company is its exclusive option to secure full ownership of the Algarrobo Iron Oxide Copper Gold Ore venture, locate...

Nobel Resources Corp Financial Statement Overview

Summary

Income statement and cash flow show an early-stage/non-revenue profile with persistent losses and ongoing cash burn, including a larger net loss and materially worse free cash flow in TTM. Balance sheet leverage is minimal (low debt), but equity has been unstable (negative in 2023–2024 and only slightly positive recently), implying elevated funding and execution risk.

Income Statement

8Very Negative

Balance Sheet

35Negative

Cash Flow

10Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	0	0	0	0	-3,583	-14.33K
EBITDA	-3.79M	-2.13M	811.26K	-80.10K	-3.43M	-14.03M
Net Income	-4.25M	-1.30M	-781.46K	-836.07K	-3.35M	-14.84M
Balance Sheet
Total Assets	715.58K	1.82M	572.93K	447.44K	1.15M	4.34M
Cash, Cash Equivalents and Short-Term Investments	475.18K	1.71M	364.81K	415.03K	841.08K	4.08M
Total Debt	0	0	0	0	0	3,736
Total Liabilities	477.87K	577.88K	625.36K	949.14K	817.60K	657.79K
Stockholders Equity	237.71K	1.25M	-52.43K	-501.70K	334.38K	3.68M
Cash Flow
Free Cash Flow	-4.01M	-911.73K	-1.01M	-426.05K	-3.23M	-10.27M
Operating Cash Flow	-4.01M	-911.73K	-1.01M	-426.05K	-3.23M	-10.27M
Investing Cash Flow	0	0	0	0	0	0
Financing Cash Flow	4.45M	2.26M	955.72K	0	-3,780	13.27M

Nobel Resources Corp Technical Analysis

Technical Analysis SentimentNegative

Last Price0.01

Price Trends

50DMA0.02Negative

100DMA0.02Negative

200DMA0.05Negative

Market Momentum

MACD-0.00Negative

RSI47.94Neutral

STOCH100.00Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NBLC, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 47.94 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NBLC.

Nobel Resources Corp Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:NBLC 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:MN	43Neutral	CAD 19.50M	-8.25	-103.03%	―	―	3.00%
TSE:NICO	43Neutral	CAD 24.38M	-18.75	45.30%	―	―	45.30%
TSE:NBLC	42Neutral	CAD 3.14M	-0.71	-637.64%	―	―	-12.96%
TSE:AVE	40Underperform	CAD 3.49M	-7.94	-21.92%	―	―	35.30%
TSE:EVNI	39Underperform	CAD 14.21M	-6.79	-61.83%	―	―	43.36%
TSE:EMN	37Underperform	CAD 10.01M	-0.58	567.30%	―	5.88%	41.47%

* General Sector Average

Performance Comparison

TSE:NBLC and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:NBLC	Nobel Resources Corp	0.01	-0.03	-62.50%
TSE:MN	Manganese X Energy Corp	0.08	-0.07	-46.67%
TSE:EMN	Euro Manganese, Inc.	0.07	-0.10	-57.58%
TSE:NICO	Class 1 Nickel & Technologies Ltd.	0.12	0.07	166.67%
TSE:EVNI	EV Nickel, Inc.	0.11	-0.13	-54.17%
TSE:AVE	Vital Battery Metals, Inc.	0.37	-3.53	-90.51%

Nobel Resources Corp Corporate Events

Business Operations and StrategyExecutive/Board ChangesShareholder MeetingsStock Split

Nobel Resources Shareholders Back Board, Approve Potential Share Consolidation

Positive

Oct 15, 2026

Nobel Resources Corp. reported that all three board nominees, Vernon Arseneau, Patrizia Ferrarese and Denis Archambault, were elected as directors at its October 15 annual general and special meeting, with each appointment approved by more than 99.8%...

Business Operations and Strategy

Nobel Resources Launches Targeted Drill Program at Cuprita Copper Project

Positive

Sep 9, 2026

Nobel Resources Corp. has finalized geophysical interpretation at its Cuprita copper project in Chile, where a 3D induced polarization survey has outlined a broad chargeability anomaly matching mapped lithocaps and hydrothermal alteration. The anomal...

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 24, 2026

Nobel Resources Corp AI Stock Analysis