Want to see TSE:TORQ full AI Analyst Report?
Torq Resources Inc (TORQ) AI Stock Analysis
Torq Resources Inc
(TSXV:TORQ)
The score is driven primarily by severe financial weakness, including no revenue, negative equity, ongoing losses, and continued cash burn. Bearish technical trends and the negative P/E ratio reinforce the risks, while the deeply oversold RSI offers only limited offset.
Torq Resources Inc (TORQ) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 6.51M
- Dividend Yield
- ―
- Average Volume (3M)
- 69.31K
- Price to Earnings (P/E)
- -0.7
- Beta (1Y)
- 1.30
- Revenue Growth
- ―
- EPS Growth
- 48.53%
- Country
- Canada
- Employees
- 15
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial Materials
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 mine...
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 raising...
Torq Resources Inc Financial Statement Overview
Summary
Severe financial weakness: the company has no revenue, persistent operating and net losses, negative shareholders’ equity, and consistently negative operating and free cash flow. Narrowing losses and lower TTM cash burn provide only modest mitigation.
Income Statement
15Very NegativeBalance Sheet
10Very NegativeCash Flow
18Very Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | -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 |
| 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
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TORQ, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 13.10 is Positive, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TORQ.
Torq Resources Inc Peers Comparison
Overall Rating
TSE:ELEF59Neutral
TSE:GGI44.4Neutral
TSE:LIT43Neutral
TSE:PSE39Underperform- TSE:TORQ38Underperform
TSE:MTS37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:ELEF | 59Neutral | CAD 7.48M | 0.27 | 234.70% | ― | ― | ― |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:GGI | 44Neutral | CAD 7.60M | -5.38 | -12.46% | ― | ― | 95.48% |
| TSE:LIT | 43Neutral | CAD 10.97M | -0.42 | -66.28% | ― | ― | -10.86% |
| TSE:PSE | 39Underperform | CAD 18.59M | -3.23 | -253.06% | ― | ― | 2.24% |
| TSE:TORQ | 38Underperform | CAD 7.44M | -0.71 | 282.72% | ― | ― | 48.53% |
| TSE:MTS | 37Underperform | CAD 9.58M | -3.22 | -321.65% | ― | ― | -206.25% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:TORQ | Torq Resources Inc | 0.04 | -0.06 | -63.16% | |
| TSE:GGI | Garibaldi Resources | 0.06 | -0.08 | -57.69% | |
| TSE:LIT | Argentina Lithium & Energy | 0.07 | -0.04 | -40.91% | |
| TSE:MTS | Metallis Resources | 0.10 | -0.31 | -75.61% | |
| TSE:ELEF | Silver Elephant Mining Corp | 0.13 | -0.13 | -50.00% | |
| TSE:PSE | Pasinex Resources | 0.07 | -0.02 | -21.05% |
Torq Resources Inc Corporate Events
Torq Resources Bolsters Balance Sheet With $529,000 Debt Settlement After Financing
PositiveTorq Resources Inc., a Vancouver-based copper and gold exploration company with premium holdings in Chile, is working to become a leading explorer in key mining belts while adhering to high environmental, social and governance standards. Its manageme...
Torq Resources Raises C$1.7 Million in Private Placement Backed by Gold Fields
PositiveTorq Resources Inc. has closed a private placement raising C$1.7 million through the issuance of 34,003,824 units at C$0.05 per unit, each comprising one common share and one warrant exercisable at C$0.10 until September 16, 2029. The financing, whic...
Torq Resources Upsizes Financing and Extends Key Loan as Gold Fields Increases Stake
PositiveTorq Resources Inc. has increased its non-brokered private placement to C$1.7 million, issuing more than 34 million units at C$0.05 each, with Gold Fields Atacama Holdings boosting its stake to 10.95 percent. The proceeds are earmarked for general wo...
Torq Resources Secures C$1.25 Million Financing Tied to Loan Extension
NeutralTorq 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 warrant...
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 29, 2026