Sama Resources /Ressources Sama (SME) AI Stock Analysis

Sama Resources /Ressources Sama

(TSXV:SME)

Select Model

Rating:53Neutral

Price Target:CAD 0.17▲(1.21% Upside)

Action:reiterated

Date:10/17/26

Low financial performance from absent revenue and cash burn is the dominant factor, partially mitigated by positive technical momentum and fair valuation.

Positive Factors

Low leverageA virtually debt-free balance sheet reduces solvency and refinancing pressure while preserving financial flexibility. Substantial equity support gives Sama more capacity to fund exploration, negotiate partnerships, or withstand periods of weak operating cash generation without leverage-driven distress.

Negative Factors

No operating revenueZero revenue means Sama currently lacks recurring operating income from mineral production and remains dependent on financing or asset transactions. Without a producing project, the company cannot demonstrate commercial scale, making future value reliant on successful exploration and development.

Sama Resources /Ressources Sama (SME) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 36.31M
Dividend Yield: ―
Average Volume (3M): 214.66K
Price to Earnings (P/E): 31.1
Beta (1Y): 0.56
Revenue Growth: ―
EPS Growth: -74.06%
Country: Canada
Employees: 66
Sector: General
Sector Strength: 55
Industry: Industrial Materials

Sama Resources /Ressources Sama Business Overview & Revenue Model

Company Description

Sama Resources Inc. is an enterprise focused on the exploration and development of mineral properties across West Africa. A core part of its operations centers on the Samapleu property in Ivory Coast, a substantial site encompassing 446 square kilome...

How the Company Makes Money

Sama Resources does not operate producing mines; therefore, based on publicly available information, it does not generate recurring operating revenue from mineral production. Its potential ways of making money are tied to the monetization of explorat...

Sama Resources /Ressources Sama Financial Statement Overview

Summary

Weak performance driven by zero revenue, negative cash flows, and inconsistent net income as an exploration-stage company, partially offset by a debt-free balance sheet.

Income Statement

25Negative

Balance Sheet

55Neutral

Cash Flow

35Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	-7,705	-7,886	-79.62K	-345.00K	-351.00K	-21.17K
EBITDA	-12.10M	-618.41K	12.43M	-5.84M	1.78M	-3.24M
Net Income	1.21M	1.43M	12.31M	-3.96M	2.25M	-3.04M
Balance Sheet
Total Assets	25.84M	28.52M	27.02M	15.07M	19.56M	48.10M
Cash, Cash Equivalents and Short-Term Investments	9.46M	724.60K	1.66M	2.96M	5.20M	1.95M
Total Debt	0	0	0	0	40.00K	52.80K
Total Liabilities	344	76.48K	17.68K	726.60K	747.88K	6.43M
Stockholders Equity	25.84M	28.45M	27.00M	14.09M	23.67M	40.01M
Cash Flow
Free Cash Flow	-767.12K	-403.00K	-1.43M	-5.96M	-7.37M	-972.05K
Operating Cash Flow	-767.12K	-403.00K	-1.43M	-5.87M	-6.90M	-965.75K
Investing Cash Flow	2.76M	-560.00K	-1.00M	-1.60M	6.97M	-2.74M
Financing Cash Flow	9,747	29.24K	795.53K	20.00K	5.18M	3.74M

Sama Resources /Ressources Sama Technical Analysis

Technical Analysis SentimentPositive

Last Price0.17

Price Trends

50DMA0.16Positive

100DMA0.11Positive

200DMA0.09Positive

Market Momentum

MACD0.00Positive

RSI49.53Neutral

STOCH44.44Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SME, the sentiment is Positive. The current price of 0.17 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.16, and above the 200-day MA of 0.09, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 49.53 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SME.

Sama Resources /Ressources Sama Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:SME 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:SME	53Neutral	CAD 36.31M	31.13	5.21%	―	―	-74.06%
TSE:MTT	52Neutral	CAD 25.46M	22.60	46.05%	―	―	136.36%
TSE:GRG	45Neutral	CAD 16.12M	-4.43	-66.51%	―	―	88.35%
TSE:ABR	42Neutral	CAD 5.57M	-9.82	-3.30%	―	―	-1450.00%
TSE:PRIZ	41Neutral	CAD 2.30M	-0.52	-63.82%	―	―	30.00%
TSE:ROX	37Underperform	CAD 7.43M	-2.35	780.13%	―	―	-53.64%

* General Sector Average

Performance Comparison

TSE:SME and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:SME	Sama Resources /Ressources Sama	0.17	0.11	184.48%
TSE:MTT	Magna Terra Minerals	0.23	0.09	62.07%
TSE:ROX	Canstar Resources	0.04	-0.02	-33.33%
TSE:ABR	Arbor Metals Corp.	0.06	-0.13	-69.44%
TSE:GRG	Golden Arrow Resources	0.10	0.04	58.33%
TSE:PRIZ	Prismo Metals Inc.	0.02	-0.10	-83.33%

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: Oct 17, 2026

Sama Resources /Ressources Sama AI Stock Analysis