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Scottie Resources Corp (SCOT) AI Stock Analysis

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TSE:SCOT

Scottie Resources Corp

(TSXV:SCOT)

Select Model
Rating:57Neutral
Price Target:CAD 3.50â–²(62.79% Upside)
Action:reiterated
Date:08/24/26

The score is primarily constrained by weak financial performance (no revenue, recurring losses, and material cash burn), despite the benefit of a debt-free and better-capitalized balance sheet. Technicals are supportive with the stock above key moving averages and positive MACD, while valuation is limited by negative earnings and no dividend. A positive corporate update (fully financed large drill program) modestly improves the outlook but does not offset the current lack of operating fundamentals.

Positive Factors
Debt-Free Balance SheetZero total debt across all reported periods reduces leverage and refinancing pressure, preserving flexibility to direct capital toward exploration. This provides a durable financial buffer for an exploration company whose projects require continued investment before operating revenue can emerge.
Negative Factors
No Operating RevenueThe absence of revenue means Scottie has not yet demonstrated an operating business capable of internally funding exploration or generating recurring cash inflows. Until projects are monetized or reach production, financial progress remains dependent on exploration outcomes and external capital.

Scottie Resources Corp (SCOT) vs. iShares MSCI Canada ETF (EWC)

-25%0%25%50%75%100%125%TSE:SCOT+36.94%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
CAD 175.78M
Dividend Yield
―
Average Volume (3M)
38.50K
Price to Earnings (P/E)
-10.2
Beta (1Y)
2.58
Revenue Growth
―
EPS Growth
-55.72%
Country
Canada
Employees
12
Sector
General
Sector Strength
55
Industry
Other Precious Metals

Scottie Resources Corp Business Overview & Revenue Model

Company Description

Scottie Resources Corp. is a Vancouver-headquartered exploration company, established in 2009, that focuses on the acquisition, exploration, and evaluation of mineral properties across British Columbia, Canada. Its operations are primarily aimed at u...

How the Company Makes Money

Scottie Resources Corp is an exploration-stage company and does not typically generate operating revenue from selling products or producing commodities. Its primary economic model is to invest in exploration and project advancement to increase the va...

Scottie Resources Corp Financial Statement Overview

Summary

Overall financial quality is weak due to no revenue, persistent net losses, and ongoing cash burn (TTM operating cash flow about -$11.6M; free cash flow about -$12.1M). The key offset is a debt-free balance sheet with improved equity/assets by TTM (equity ~$30.0M; assets ~$36.4M), which lowers leverage risk but does not resolve the lack of operating profitability.

Income Statement

12Very Negative

Balance Sheet

62Positive

Cash Flow

22Negative
Financial statement breakdown
BreakdownTTMNov 2025Nov 2024Nov 2023Nov 2022Nov 2021
Income Statement
Total Revenue000000
Gross Profit-118.27K-78.79K-74.64K-74.28K-75.92K-29.82K
EBITDA-21.86M-10.86M-3.82M-19.00M-10.55M-6.71M
Net Income-11.55M-10.94M-3,890-19.07M-9.52M-6.39M
Balance Sheet
Total Assets36.36M14.72M11.81M9.54M19.23M22.56M
Cash, Cash Equivalents and Short-Term Investments34.10M13.15M9.30M1.46M3.54M7.27M
Total Debt000000
Total Liabilities6.36M4.54M1.96M2.60M3.26M792.01K
Stockholders Equity30.00M10.18M9.85M6.93M15.97M21.76M
Cash Flow
Free Cash Flow-12.07M-7.66M-7.29M-11.12M-8.12M-6.77M
Operating Cash Flow-11.58M-7.46M-7.28M-11.00M-6.46M-5.97M
Investing Cash Flow-533.24K-243.96K8.09M-104.95K-1.81M2.02M
Financing Cash Flow40.73M11.56M7.03M9.02M4.54M6.47M

Scottie Resources Corp Technical Analysis

Technical Analysis SentimentNegative
Last Price2.15

Price Trends

50DMA2.74Negative
100DMA2.45Negative
200DMA2.38Negative

Market Momentum

MACD-0.13Positive
RSI32.79Neutral
STOCH24.90Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SCOT, the sentiment is Negative. The current price of 2.15 is below the 20-day moving average (MA) of 2.50, below the 50-day MA of 2.74, and below the 200-day MA of 2.38, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 32.79 is Neutral, neither overbought nor oversold. The STOCH value of 24.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SCOT.

Scottie Resources Corp Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TSE:SCOT against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
TSE:SCOTTSE:SCOT57NeutralCAD 175.78M-10.17-55.99%――-55.72%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TSE:PGLDTSE:PGLD49NeutralCAD 336.56M-10.82-284.95%――-2078.18%
TSE:FTZTSE:FTZ43NeutralCAD 171.46M-21.31-15.57%――-5.17%
TSE:NAUTSE:NAU38UnderperformCAD 92.69M-6.97-23.08%――-48.92%
TSE:PGDCTSE:PGDC38UnderperformCAD 133.88M-11.3382.09%―31.35%20.45%
TSE:VIPRTSE:VIPR37UnderperformCAD 23.93M-0.60-98.11%――-153.31%

* General Sector Average

Performance Comparison

0%200%400%600%TSE:SCOTTSE:FTZTSE:PGDCTSE:NAUTSE:VIPRTSE:PGLDDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
TSE:SCOT and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:SCOTScottie Resources Corp.2.150.5433.54%
TSE:FTZNorseman Capital Ltd.0.520.2060.00%
TSE:PGDCPatagonia Gold Corp0.280.1278.12%
TSE:NAUNevgold Corp0.53-0.14-20.90%
TSE:VIPRSilver Viper Minerals Corp0.20-0.69-77.53%
TSE:PGLDP2 Gold Inc.1.150.77206.67%

Scottie Resources Corp Corporate Events

Business Operations and StrategyPrivate Placements and Financing

Scottie Resources Targets Up to C$29 Million in New Equity to Advance Scottie Gold Mine Project

Positive
Sep 24, 2026

Scottie Resources Corp., a gold-focused explorer and developer in British Columbia’s Golden Triangle, controls multiple past‑producing mines and highly prospective mineral claims, anchored by the Scottie Gold Mine Project’s 703,000...

Business Operations and Strategy

Scottie Resources Hits Midpoint of Record 50,000-metre Drill Program at Scottie Gold Mine

Positive
Aug 18, 2026

Scottie Resources Corp., a gold exploration company active in British Columbia’s Golden Triangle, controls several past-producing and high-potential properties, including the Scottie Gold Mine and Georgia projects. With a current inferred resou...

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: Aug 24, 2026