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Callinex Mines
(VCG)
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Rating:53Neutral
Price Target:
C$1.50
▲(0.00% Upside)
Action:Reiterated
Date:09/06/26
The score is held back primarily by weak financial performance: no revenue, persistent losses, and ongoing cash burn. These risks are partially mitigated by a strong, low-leverage balance sheet that supports staying power. Technicals are supportive (price above major moving averages with constructive momentum), but valuation remains pressured due to negative earnings and no dividend yield data.
Positive Factors
Very low leverage
Extremely low debt gives Callinex substantial financial flexibility and minimizes refinancing and interest burdens. This strengthens its ability to preserve capital, continue exploration, and withstand periods of weak operating performance without the added pressure of significant creditors.
Negative Factors
No revenue base
Without recurring revenue from mineral production, Callinex cannot fund its activities through operating sales and remains dependent on capital resources while projects are explored. This makes financial progress contingent on discoveries, asset advancement, or future financing and partnership outcomes.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Extremely low debt gives Callinex substantial financial flexibility and minimizes refinancing and interest burdens. This strengthens its ability to preserve capital, continue exploration, and withstand periods of weak operating performance without the added pressure of significant creditors.
Read all positive factors
Callinex Mines (VCG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$34.81M
Dividend YieldN/A
Average Volume (3M)37.51K
Price to Earnings (P/E)―
Beta (1Y)0.17
Revenue GrowthN/A
EPS Growth18.98%
CountryCA
Employees2
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.04
Shares Outstanding22,458,536
10 Day Avg. Volume60,958
30 Day Avg. Volume37,510
Financial Highlights & Ratios
PEG Ratio0.97
Price to Book (P/B)0.34
Price to Sales (P/S)0.00
P/FCF Ratio-78.15
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
Callinex Mines Business Overview & Revenue Model
Company Description
Visionary Copper and Gold Mines Inc. is a Canadian enterprise dedicated to securing, exploring, and developing mineral properties throughout the nation. The company's primary focus is on discovering deposits of various valuable metals, including c...
How the Company Makes Money
Callinex Mines is an exploration-stage mining company, and publicly available information does not indicate recurring operating revenue from mineral production. As a result, the company typically does not “make money” through sales of metals; inst...
Callinex Mines Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
78
Positive
Cash Flow
20
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -18.34K | -19.31K | -22.25K | -64.29K | -65.83K | -69.12K |
| EBITDA | -1.69M | -976.31K | -1.52M | -697.00K | 1.66M | -811.14K |
| Net Income | -848.89K | -917.89K | -1.00M | -1.28M | 41.05K | -1.15M |
Balance Sheet | ||||||
| Total Assets | 52.75M | 49.81M | 43.74M | 42.10M | 35.65M | 30.41M |
| Cash, Cash Equivalents and Short-Term Investments | 438.56K | 53.53K | 1.40M | 2.15M | 994.54K | 2.81M |
| Total Debt | 40.00K | 40.00K | 40.00K | 45.21K | 101.48K | 147.45K |
| Total Liabilities | 9.86M | 10.08M | 3.71M | 3.24M | 2.55M | 1.98M |
| Stockholders Equity | 42.89M | 39.73M | 40.03M | 38.86M | 33.11M | 28.44M |
Cash Flow | ||||||
| Free Cash Flow | -1.29M | -173.25K | -3.36M | -8.00M | -8.72M | -7.17M |
| Operating Cash Flow | -1.29M | -167.67K | -1.46M | -2.08M | -1.47M | -1.59M |
| Investing Cash Flow | -2.08M | -1.18M | -1.52M | -5.68M | -6.25M | -5.29M |
| Financing Cash Flow | 3.73M | 0.00 | 2.23M | 8.91M | 5.90M | 9.01M |
Callinex Mines Technical Analysis
Positive
1.50
Price Trends
1.43
Positive
1.24
Positive
1.00
Positive
Market Momentum
0.07
Negative
52.31
Neutral
43.95
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:VCG, the sentiment is Positive. The current price of 1.5 is above the 20-day moving average (MA) of 1.45, above the 50-day MA of 1.43, and above the 200-day MA of 1.00, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 52.31 is Neutral, neither overbought nor oversold. The STOCH value of 43.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:VCG.
Callinex Mines 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% | |
53 Neutral | C$34.81M | -37.78 | -2.04% | ― | ― | 18.98% | |
45 Neutral | C$69.14M | -12.02 | -124.26% | ― | ― | -566.91% | |
| ― | C$13.18M | -0.55 | 74.62% | ― | ― | ― | |
44 Neutral | C$10.86M | -7.17 | -34.97% | ― | ― | -632.61% | |
43 Neutral | C$7.30M | -4.72 | -16.18% | ― | ― | 96.80% | |
42 Neutral | C$9.62M | -16.07 | -3.30% | ― | ― | -1450.00% |
* General Sector Average
TSE:VCG
Callinex Mines
1.50
0.78
108.33%
TSE:SRA
Stria Lithium
1.15
0.93
434.88%
TSE:TTX
Tantalex Resources
0.02
0.00
0.00%
TSE:ABR
Arbor Metals
0.09
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-53.85%
TSE:PNRG
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0.24
-0.40
-62.50%
TSE:STGX
Strategx Elements Corp.
0.18
>-0.01
-2.78%
Callinex Mines Corporate Events
Business Operations and Strategy
Visionary Wins Phase 2 Drill Approval to Expand Pt. Leamington VMS Deposit
Positive
Sep 2, 2026
Visionary Copper and Gold Mines has secured government approval for its 2026 Phase 2 diamond drilling program at the Pt. Leamington gold, copper, zinc and silver VMS deposit in Newfoundland. The project already hosts 5.0 million tonnes of indicate...
Business Operations and StrategyExecutive/Board Changes
Visionary Copper and Gold Mines Appoints New Exploration VP as Point Leamington Enters Phase 2
Positive
Aug 25, 2026
Visionary Copper and Gold Mines Inc. has appointed geologist Jason Flight as Vice President of Exploration to lead work on its Point Leamington VMS deposit in Newfoundland. Flight brings more than 15 years of exploration and mine-site experience a...
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.