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Renforth Resources
(RFR)
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Rating:42Neutral
Price Target:
C$0.01
▼(-30.00% Downside)
Action:Reiterated
Date:10/31/26
The score is held down primarily by weak financial performance (no revenue, persistent losses, negative free cash flow, and negative equity despite zero debt). Technicals add a modest additional drag with price trading below key moving averages and only neutral/weak momentum indicators. Valuation provides limited offset because the negative P/E reflects unprofitability and no dividend yield is provided.
Positive Factors
Debt-free balance sheet
Zero funded debt limits contractual interest and repayment obligations, giving Renforth more flexibility than a leveraged explorer. Although equity is negative, the absence of debt reduces direct creditor pressure and may preserve optionality while projects are advanced.
Negative Factors
No operating revenue
Renforth lacks recurring mineral-sale revenue because it remains an exploration-stage company without disclosed producing operations. This leaves funding dependent on capital availability or other sources rather than internally generated sales, limiting financial self-sufficiency.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero funded debt limits contractual interest and repayment obligations, giving Renforth more flexibility than a leveraged explorer. Although equity is negative, the absence of debt reduces direct creditor pressure and may preserve optionality while projects are advanced.
Read all positive factors
Renforth Resources (RFR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$7.06M
Dividend YieldN/A
Average Volume (3M)224.46K
Price to Earnings (P/E)―
Beta (1Y)0.44
Revenue GrowthN/A
EPS Growth4.17%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding470,419,130
10 Day Avg. Volume231,305
30 Day Avg. Volume224,455
Financial Highlights & Ratios
PEG Ratio2.09
Price to Book (P/B)-22.71
Price to Sales (P/S)0.00
P/FCF Ratio-11.77
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
Renforth Resources Business Overview & Revenue Model
Company Description
Renforth Resources Inc. specializes in the acquisition, exploration, and advancement of mineral assets throughout Canada. Its diverse portfolio encompasses the Surimeau District battery metals project in Quebec; the Parbec gold deposit, an accessi...
How the Company Makes Money
Renforth Resources does not generate recurring operating revenue from the sale of minerals because it is primarily an exploration-stage company with no disclosed producing operations. As a result, information about ongoing revenue streams from sal...
Renforth Resources Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
22
Negative
Cash Flow
14
Very Negative
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -50.00K | -50.00K | 0.00 | 0.00 | 0.00 |
| EBITDA | -1.03M | 190.40K | 209.47K | -842.29K | 649.85K |
| Net Income | -887.91K | -835.00K | -2.14M | -3.66M | -3.42M |
Balance Sheet | |||||
| Total Assets | 474.47K | 313.40K | 660.20K | 2.67M | 4.65M |
| Cash, Cash Equivalents and Short-Term Investments | 404.88K | 201.31K | 356.58K | 2.26M | 4.46M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 809.46K | 769.95K | 582.75K | 763.37K | 757.97K |
| Stockholders Equity | -334.99K | -456.54K | 77.44K | 1.91M | 3.90M |
Cash Flow | |||||
| Free Cash Flow | -646.45K | -643.27K | -2.30M | -2.52M | -3.03M |
| Operating Cash Flow | -646.45K | -643.27K | -2.30M | -2.52M | -3.03M |
| Investing Cash Flow | 0.00 | 0.00 | 1.70M | 12.83K | 0.00 |
| Financing Cash Flow | 850.02K | 488.00K | 401.60K | 1.47M | 1.99M |
Renforth Resources Technical Analysis
Negative
0.02
Price Trends
0.02
Negative
0.02
Negative
0.02
Negative
Market Momentum
>-0.01
Negative
48.15
Neutral
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RFR, the sentiment is Negative. The current price of 0.02 is equal to the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.15 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:RFR.
Renforth Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
45 Neutral | C$8.39M | -19.23 | -138.93% | ― | ― | 16.89% | |
44 Neutral | C$4.48M | -3.25 | -15.70% | ― | ― | 82.89% | |
42 Neutral | C$7.06M | -7.50 | 123.33% | ― | ― | 4.17% | |
42 Neutral | C$6.92M | 2.14 | 212.28% | ― | ― | ― |
* Basic Materials Sector Average
TSE:RFR
Renforth Resources
0.02
0.00
0.00%
TSE:HVG
Harvest Gold
0.03
-0.06
-68.75%
TSE:PGC
Plato Gold
0.03
>-0.01
-14.29%
TSE:FENX
FenixOro Gold
0.08
0.00
0.00%
TSE:FNX
S2 Minerals
0.35
0.10
40.00%
Renforth Resources Corporate Events
Business Operations and Strategy
Renforth Drilling Boosts Parbec Gold Potential Ahead of Resource Update
Positive
Oct 19, 2026
Renforth Resources reported positive assay results from two undercut drillholes at its Parbec gold deposit in Malartic, Quebec, both intersecting gold above the cutoff grade used in the April 2025 mineral resource estimate and within the current o...
Business Operations and Strategy
Renforth Extends Surface Gold Mineralization at Parbec Open-Pit Deposit
Positive
Oct 13, 2026
Renforth Resources reported additional assay results from surface channels cut within the open pit footprint of its Parbec gold deposit in Malartic, Quebec, confirming gold mineralization across multiple new channels. The latest results include a ...
Business Operations and Strategy
Renforth Taps Queen’s University for Low-Carbon Metals Recovery at Victoria Deposit
Positive
Oct 2, 2026
Renforth Resources has entered a research collaboration with Queen’s University’s Robert M. Buchan Department of Mining to test a novel hydrometallurgical process on material from its Victoria nickel sulphide polymetallic deposit in Qu...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Renforth Resources Bolsters Funding and Advances Work at Parbec Gold Deposit
Positive
Aug 20, 2026
Renforth Resources Inc. is a Canadian junior gold exploration company focused on advancing the Parbec gold deposit in Québec’s Abitibi region, adjacent to Agnico Eagle Mines’ Canadian Malartic complex, one of Canada’s larges...
Business Operations and StrategyPrivate Placements and Financing
Renforth Advances Parbec Drilling and Launches $1 Million Financing for Resource Work
Positive
Aug 13, 2026
Renforth Resources has completed two drill holes undercutting previously reported surface gold intersections within the open pit footprint at its Parbec gold deposit, with visual confirmation of targeted lithologies and assay results pending. A pl...
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.