Professional
Added to YB: 2026-10-09
Pitch date: 2026-10-06
CCM.TO [bullish]
Canagold Resources Ltd.
-6.94%
current return
Author Info
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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 0.72
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 – Physical Antimony Metal Produced from New Polaris Concentrate
CCM.TO (hold): Canagold produced >99% pure antimony metal from New Polaris concentrate, with 99.7% leach extraction, demonstrating an alternative to selling concentrate to third-party smelters. The C$1.20 target sits alongside gold-project economics of C$793M NPV5% and 47% IRR at $3,300/oz gold; additional optimization and engineering are required before integrated refining economics can be established.
Read full article (3 min)