Professional
Added to YB: 2026-10-07
Pitch date: 2026-10-01
CCM.TO [bullish]
Canagold Resources Ltd.
-10.53%
current return
Author Info
Atrium Research provides institutional quality research on underfollowed public equities. Sign up for the newsletter.
Company Info
Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of natural resource properties in the United States and Canada.
Market Cap
CAD 120.3M
Pitch Price
CAD 0.76
Price Target
1.20 (+76%)
Dividend
N/A
EV/EBITDA
-69.34
P/E
-48.76
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Canagold – Drills 30.5% Antimony & 49.1 g/t Gold over 1.21m at New Polaris
CCM.TO (hold): Canagold’s New Polaris infill and expansion drilling returned the project’s highest antimony grades over its greatest widths to date, including 3.83% Sb and 19.38 g/t Au over 13.20m. Antimony could add value beyond the 2025 feasibility study, which excluded its revenue; remaining assays and metallurgical work must confirm that potential. The C$1.20 target implies 71% upside.
Read full article (4 min)