Professional
Added to YB: 2026-01-16
Pitch date: 2026-01-14
CCM.TO [bullish]
Canagold Resources Ltd.
-1.92%
current return
Author Info
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Company Info
Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada.
Market Cap
CAD 71.2M
Pitch Price
CAD 0.52
Price Target
1.20
Dividend
N/A
EV/EBITDA
-37.54
P/E
-44.26
EV/Sales
N/A
Sector
Metals and Mining
Category
value
Canagold – High-Grade Underground Mine Advancing to Production
CCM.TO (initiate as buy): High-grade underground gold project (9.94 g/t reserves) in BC with $793M NPV5% & 47% IRR at $3,300/oz. Low $250M capex, $1,247/oz AISC. 53% owned by Sun Valley reduces financing risk. Antimony upside not included in economics. Target $1.20. Catalysts: antimony test work, EA filing H1/26, approval H1/27.
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