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Torq Resources Inc
(TORQ)
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Rating:43Neutral
Price Target:
C$0.06
▲(16.00% Upside)
Action:Reiterated
Date:08/28/26
The score is primarily constrained by weak financial performance: pre-revenue operations, ongoing losses, negative equity, and sustained negative operating/free cash flow indicate elevated financing risk. Technicals provide some offset via a short-term recovery above key shorter moving averages, but the longer-term trend remains weak. Valuation is also a headwind due to negative earnings and no dividend support.
Positive Factors
Improving Losses
The reduction in TTM net loss indicates some cost tightening and a potentially more disciplined spending profile. Although Torq remains unprofitable, sustained improvement in losses could extend financial resources and support more efficient exploration spending over the next several quarters.
Negative Factors
Pre-Revenue Business
Without operating revenue, Torq has no established sales base to absorb corporate and exploration costs or demonstrate recurring commercial demand. Its financial performance therefore depends primarily on spending control and access to capital, creating persistently weak earnings visibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Losses
The reduction in TTM net loss indicates some cost tightening and a potentially more disciplined spending profile. Although Torq remains unprofitable, sustained improvement in losses could extend financial resources and support more efficient exploration spending over the next several quarters.
Read all positive factors
Torq Resources Inc (TORQ) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$11.15M
Dividend YieldN/A
Average Volume (3M)42.69K
Price to Earnings (P/E)―
Beta (1Y)1.34
Revenue GrowthN/A
EPS Growth48.53%
CountryCA
Employees15
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.06
Shares Outstanding185,897,140
10 Day Avg. Volume43,889
30 Day Avg. Volume42,689
Financial Highlights & Ratios
PEG Ratio0.66
Price to Book (P/B)81.02
Price to Sales (P/S)0.00
P/FCF Ratio-1.04
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
Torq Resources Inc Business Overview & Revenue Model
Company Description
Torq Resources Inc. functions as a junior exploration firm, concentrating its efforts on discovering and acquiring mineral deposits across the American continents. The company holds options to secure full ownership (100% interest) in several key m...
How the Company Makes Money
Torq Resources does not typically generate revenue from selling products or operating mines while it is in the exploration stage. Publicly available disclosures generally indicate that companies at this stage fund operations primarily through rais...
Torq Resources Inc Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
20
Very Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | -78.68K | -136.42K | -181.65K | -32.72K |
| EBITDA | -9.69M | -15.27M | -11.72M | -18.31M | -11.65M | -6.32M |
| Net Income | -9.99M | -15.27M | -12.41M | -19.21M | -11.72M | -6.48M |
Balance Sheet | ||||||
| Total Assets | 4.14M | 5.56M | 2.40M | 4.21M | 15.61M | 3.99M |
| Cash, Cash Equivalents and Short-Term Investments | 731.09K | 2.45M | 538.28K | 487.97K | 12.47M | 1.90M |
| Total Debt | 2.89M | 2.81M | 5.23M | 1.97M | 1.97M | 0.00 |
| Total Liabilities | 6.15M | 5.84M | 8.06M | 3.17M | 3.60M | 676.54K |
| Stockholders Equity | -1.16M | 173.88K | -5.65M | 1.04M | 12.00M | 3.31M |
Cash Flow | ||||||
| Free Cash Flow | -9.64M | -13.61M | -8.44M | -17.57M | -11.35M | -6.86M |
| Operating Cash Flow | -8.24M | -12.21M | -7.13M | -16.70M | -10.10M | -5.79M |
| Investing Cash Flow | -1.38M | -1.35M | -1.11M | -491.93K | -1.06M | -1.03M |
| Financing Cash Flow | 9.58M | 15.52M | 8.29M | 5.22M | 21.73M | 42.30K |
Torq Resources Inc Technical Analysis
Positive
0.05
Price Trends
0.05
Positive
0.06
Positive
0.08
Negative
Market Momentum
<0.01
Negative
78.05
Negative
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TORQ, the sentiment is Positive. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and below the 200-day MA of 0.08, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 78.05 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TORQ.
Torq Resources Inc 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% | |
54 Neutral | C$7.48M | 0.27 | 234.70% | ― | ― | ― | |
47 Neutral | C$15.67M | -0.59 | -66.28% | ― | ― | -10.86% | |
47 Neutral | C$15.12M | -5.08 | -321.65% | ― | ― | -206.25% | |
46 Neutral | C$10.64M | -7.95 | -11.39% | ― | ― | 95.68% | |
44 Neutral | C$21.25M | -3.69 | -253.06% | ― | ― | 2.24% | |
43 Neutral | C$11.15M | -1.07 | 282.72% | ― | ― | 48.53% |
* General Sector Average
TSE:TORQ
Torq Resources Inc
0.06
-0.06
-47.83%
TSE:GGI
Garibaldi Resources
0.07
-0.07
-48.15%
TSE:LIT
Argentina Lithium & Energy
0.09
0.00
0.00%
TSE:MTS
Metallis Resources
0.15
-0.23
-60.00%
TSE:ELEF
Silver Elephant Mining
0.13
-0.04
-23.53%
TSE:PSE
Pasinex Resources
0.08
0.00
0.00%
Torq Resources Inc Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Torq Resources Secures C$1.25 Million Financing Tied to Loan Extension
Neutral
Aug 20, 2026
Torq Resources Inc. has arranged lead investors for a proposed non-brokered private placement to raise at least C$1.25 million through the sale of a minimum of 25 million equity units at C$0.05, each comprising a common share and a three-year warr...
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.