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TNR Gold Corp (new)
(TNR)
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Rating:44Neutral
Price Target:
C$0.26
▼(-12.67% Downside)
Action:Reiterated
Date:09/06/26
The score is driven primarily by weak financial performance—no revenue, ongoing operating losses, and persistent negative operating/free cash flow—partly offset by the absence of reported debt and improved equity in recent periods. Technical indicators are mixed but lean weak in the short term (below 20/50-day averages and low momentum). Valuation is also constrained by a negative P/E and no dividend yield data.
Positive Factors
Debt-Free Balance Sheet
A zero-debt balance sheet reduces interest burden, refinancing exposure, and creditor pressure while preserving flexibility for project advancement or corporate transactions. This provides a stronger financial base than a similarly loss-making exploration company carrying material leverage.
Negative Factors
No Reported Revenue
The absence of recurring revenue means the business has not yet demonstrated commercial operating traction or a dependable inflow from its mineral interests. Funding and valuation support therefore remain tied to asset transactions, financing, or future project milestones rather than established operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
A zero-debt balance sheet reduces interest burden, refinancing exposure, and creditor pressure while preserving flexibility for project advancement or corporate transactions. This provides a stronger financial base than a similarly loss-making exploration company carrying material leverage.
Read all positive factors
TNR Gold Corp (new) (TNR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$63.46M
Dividend YieldN/A
Average Volume (3M)192.52K
Price to Earnings (P/E)―
Beta (1Y)0.79
Revenue GrowthN/A
EPS Growth-71.70%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding244,081,790
10 Day Avg. Volume140,841
30 Day Avg. Volume192,521
Financial Highlights & Ratios
PEG Ratio-1.62
Price to Book (P/B)843.55
Price to Sales (P/S)0.00
P/FCF Ratio-30.81
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
TNR Gold Corp (new) Business Overview & Revenue Model
Company Description
TNR Gold Corp. operates as a company dedicated to identifying, prospecting, and evaluating various mineral resources. Its core exploration efforts are concentrated on uncovering deposits abundant in gold, copper, silver, and lithium. A significant...
How the Company Makes Money
TNR Gold Corp’s business model is primarily to generate value from mineral property interests instead of earning operating revenue from mine production. The company typically makes money through one or more of the following mechanisms: (1) disposi...
TNR Gold Corp (new) Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
22
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -2.74K | -2.35K | -4.33K | -13.32K | -99.22K | -31.58K |
| EBITDA | -1.96M | -1.26M | -1.01M | -1.39M | 911.74K | -894.07K |
| Net Income | -1.97M | -1.26M | -1.02M | 7.89M | -303.68K | -1.96M |
Balance Sheet | ||||||
| Total Assets | 3.83M | 112.82K | 74.51K | 642.19K | 274.01K | 24.52K |
| Cash, Cash Equivalents and Short-Term Investments | 3.77M | 21.42K | 12.31K | 581.91K | 235.05K | 7.07K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 7.17M | 13.71M |
| Total Liabilities | 77.62K | 72.34K | 154.00K | 35.30K | 7.38M | 7.17M |
| Stockholders Equity | 3.75M | 40.48K | -79.49K | 606.89K | -7.11M | -7.14M |
Cash Flow | ||||||
| Free Cash Flow | -1.13M | -1.11M | -819.20K | -1.55M | -872.53K | -696.07K |
| Operating Cash Flow | -1.12M | -1.10M | -819.20K | -1.55M | -872.53K | -696.07K |
| Investing Cash Flow | -3.55K | -3.55K | 0.00 | 9.85M | 915.67K | 0.00 |
| Financing Cash Flow | 4.63M | 1.12M | 249.71K | -7.95M | 189.21K | 652.44K |
TNR Gold Corp (new) Technical Analysis
Negative
0.30
Price Trends
0.28
Negative
0.26
Negative
0.22
Positive
Market Momentum
>-0.01
Positive
38.60
Neutral
25.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TNR, the sentiment is Negative. The current price of 0.3 is above the 20-day moving average (MA) of 0.30, above the 50-day MA of 0.28, and above the 200-day MA of 0.22, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.60 is Neutral, neither overbought nor oversold. The STOCH value of 25.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TNR.
TNR Gold Corp (new) Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | C$54.40M | -14.88 | -51.33% | ― | ― | -4.84% | |
47 Neutral | C$41.47M | -14.26 | -76.49% | ― | ― | 37.82% | |
44 Neutral | C$63.46M | -29.12 | -205.97% | ― | ― | -71.70% | |
44 Neutral | C$39.27M | -16.00 | -21.87% | ― | ― | -25.68% | |
43 Neutral | C$67.54M | -4.79 | 55.96% | ― | ― | -11.41% | |
43 Neutral | C$10.29M | -1.56 | -507.32% | ― | ― | -30.63% |
* General Sector Average
TSE:TNR
TNR Gold Corp (new)
0.27
0.18
194.44%
TSE:AAN
Aton Resources
0.49
0.27
122.73%
TSE:DAU
Desert Gold Ventures
0.12
0.05
64.29%
TSE:EMNT
Eminent Gold Corp.
0.52
0.18
52.94%
TSE:SKP
Strikepoint Gold
0.17
0.05
37.50%
TSE:TIG
Triumph Gold
0.71
0.41
136.67%
TNR Gold Corp (new) Corporate Events
Business Operations and StrategyExecutive/Board ChangesRegulatory Filings and ComplianceShareholder Meetings
TNR Gold urges shareholders to back board slate with BLUE proxy in dissident fight
Neutral
Sep 1, 2026
TNR Gold Corp. has filed and begun mailing its management information circular and BLUE proxy materials ahead of its 2026 annual general and special meeting on September 22, urging shareholders to vote only for the company’s slate of directo...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
TNR Gold Management and Partner Boost Stakes as Board Nominations Loom
Positive
Aug 18, 2026
TNR Gold’s management and strategic partner Altius Minerals have significantly increased their shareholdings, underscoring confidence in the company’s strategic plan and royalty portfolio. Executive Chairman Kirill Klip added 4.2 milli...
Business Operations and StrategyShareholder Meetings
TNR Gold Sets September Shareholder Meeting as Royalty Portfolio Advances
Positive
Aug 12, 2026
TNR Gold Corp. has scheduled its annual general and special meeting of shareholders for September 22, 2026, with an August 12, 2026 record date for voting eligibility. Shareholders will receive a management information circular outlining the matte...
Business Operations and StrategyPrivate Placements and Financing
TNR Gold Sees Growing Value in Los Azules NSR as McEwen Copper Advances Toward Key Milestones
Positive
Aug 10, 2026
TNR Gold Corp., a Vancouver-based mineral royalty company listed on the TSX-V, holds a 0.4% net smelter returns royalty on McEwen Copper’s Los Azules copper, gold and silver project in Argentina, one of the world’s largest undeveloped ...
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.