Origen Resources (ORGN) AI Stock Analysis

• Market Cap: C$2.28M
• Dividend Yield: N/A
• Average Volume (3M): 34.86K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.37
• Revenue Growth: N/A
• EPS Growth: -127.40%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Other Precious Metals
• EPS (TTM): -0.07
• Shares Outstanding: 45,652,653
• 10 Day Avg. Volume: 17,101
• 30 Day Avg. Volume: 34,858
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Origen Resources, Inc. is currently facing significant financial challenges, with persistent losses and cash flow issues overshadowing the positive aspects such as the absence of debt and recent corporate developments. Technical indicators show mild bullish sentiment, but valuation remains a concern due to negative earnings. The recent corporate initiative at the Los Sapitos Lithium Project provides a potential growth avenue, but strategic improvements in financial management are critical for future stability.

Origen Resources Business Overview & Revenue Model

Company Description

Origen Resources, Inc. (ORGN) is a natural resources company focused on the acquisition, exploration, and development of mineral properties. The company operates primarily in the mining sector, targeting valuable mineral deposits such as gold and copper. Origen Resources aims to identify and capitalize on high-potential resource opportunities, leveraging advanced exploration techniques and strategic partnerships to enhance value for its stakeholders.

How the Company Makes Money

Origen Resources, Inc. generates revenue through the exploration and development of mineral properties. The company's primary revenue streams include the sale of mineral rights, extraction and sale of minerals such as gold and copper, and joint venture partnerships with other mining companies. These partnerships often involve shared investment and risk, allowing Origen Resources to access additional expertise and financial resources. Furthermore, the company may engage in strategic property sales or lease agreements, contributing to its overall earnings. Factors such as commodity prices, exploration success, and market demand significantly influence the company's revenue potential.

Origen Resources Financial Statement Overview

Summary

Origen Resources, Inc. is facing significant financial challenges with ongoing operational losses, declining equity, and negative cash flows. The absence of debt is a positive factor, but the lack of revenue and persistent cash outflows pose substantial risks to future growth and stability.

Income Statement

Origen Resources, Inc.'s income statement reveals significant challenges, with persistent negative EBIT and EBITDA indicating operational inefficiencies. The consistent net losses over the periods highlight ongoing profitability issues. Revenue growth is not assessable due to the absence of revenue generation, impacting overall financial stability.

Balance Sheet

The company's balance sheet shows a stable position with zero debt, which is a positive aspect. However, there is a declining trend in stockholders' equity and total assets, indicating potential financial strain. The absence of liabilities is a strength, but the continuous erosion of equity is concerning for long-term sustainability.

Cash Flow

Cash flow analysis indicates operational cash challenges, with consistent negative free cash flow suggesting difficulties in generating internal funds. The company's cash reserves are depleting, and the lack of sufficient financing cash flow could limit future investment opportunities. The negative free cash flow to net income ratio highlights inefficiencies in cash management.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00
	EBIT
-620.46K	-813.98K	-1.12M	-1.09M	-129.81K
	EBITDA
-620.46K	0.00	10.90K	-1.09M	0.00
	Net Income Common Stockholders
-3.17M	-2.51M	2.34M	-1.45M	-129.81K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
261.18K	598.35K	1.91M	2.03M	808.00
	Total Assets
4.56M	7.03M	8.05M	4.80M	1.08K
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-183.28K	-473.06K	-656.83K	-186.84K	-808.00
	Total Liabilities
487.05K	565.81K	685.78K	396.01K	130.88K
	Stockholders Equity
4.08M	6.46M	7.36M	4.41M	-129.81K
Cash Flow		Free Cash Flow
-1.25M	-2.20M	-1.80M	-1.40M	―
	Operating Cash Flow
-915.10K	-266.66K	-793.15K	-1.01M	―
	Investing Cash Flow
-60.97K	-1.38M	809.76K	-226.36K	0.00
	Financing Cash Flow
687.18K	1.46M	453.38K	1.43M	1.00

Origen Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ORGN, the sentiment is Positive. The current price of 0.05 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.39 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ORGN.

Origen Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.96B	-1.28	-21.20%	3.73%	0.86%	-29.40%
ORGN	47 Neutral	C$2.28M	―	-57.94%	―	―	-127.40%
FOM	46 Neutral	C$1.43B	―	-3.01%	―	―	8.92%
GLDC	43 Neutral	C$26.71M	―	-31.15%	―	―	-307.23%
GEMC	38 Underperform	C$1.35M	―	-16.29%	―	―	88.48%
NCP	36 Underperform	C$2.76M	―	-9.39%	―	―	21.28%

Origen Resources Corporate Events

Origen Resources Expands Lithium Exploration at Los Sapitos

Origen Resources Inc. has successfully expanded its lithium exploration target area by 3 square kilometers at the Los Sapitos project in Argentina. The exploration program identified new clay and brine targets, indicating a greater scale and complexity of the basin than previously recognized. The company plans to conduct a geophysical program to further explore these areas and guide future drilling. Additionally, Origen will explore its high-grade gold Wishbone project in British Columbia, with funding planned through asset divestitures and private placements. The company also announced that it will not proceed with a transaction with Integra Capital Business SA, although discussions continue for potential mutual benefits.

Spark’s Take on TSE:ORGN Stock

According to Spark, TipRanks’ AI Analyst, TSE:ORGN is a Underperform.

Origen Resources, Inc. has a weak overall stock score due to significant financial challenges, including operational losses and lack of revenue. Technical indicators show underperformance, and valuation metrics highlight profitability issues. However, recent corporate activity in lithium exploration offers a positive outlook for potential resource expansion.

To see Spark’s full report on TSE:ORGN stock, click here.

Origen Resources Begins Fieldwork at Los Sapitos Lithium Project

Origen Resources Inc. has commenced fieldwork at its Los Sapitos Lithium Project in Argentina, aiming to define drill locations for lithium exploration. This initiative is part of their strategy to explore lithium-rich areas beyond the well-known Lithium Triangle, potentially impacting their market positioning by expanding their resource base and enhancing shareholder value.

Origen Resources Amends Broken Handle Option Agreement with Hawthorn

Origen Resources Inc. has amended its option agreement with Hawthorn Resources Corp. concerning the Broken Handle Property in British Columbia. The revised terms include an increase in cash payments to $263,000 and a reduction in shares issuable to 900,000, with adjusted timelines for payments and exploration commitments. This amendment reflects Origen’s strategic adjustments to facilitate Hawthorn’s acquisition of a 75% interest in the property, potentially impacting the company’s operational focus and stakeholder interests.