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Canarc Resource Corp. are a gold focused junior, late stage development company with two mines in development in Canada and USA and three exploration properties. They have approximately 1.1Moz. of gold in the reserves and resources category of which 1Moz. are in the measured and indicated category. They have a market capitalisation of ~$16.82M which is a fall of roughly 15% over the last seven months. As of 06/30/2017 they have no debt and ~$6.34M cash. They have 221M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.
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Profitability (by resource)
Future Valuation (Cash Flow & Totals)
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Trying to develop a 1 million oz high grade gold project in Canada (New Polaris). $100 million capex.
Gold Price (last analysis) ($)
Silver Price (last analysis) ($)
Stock Price (last analysis) ($)
1 Yr Stock Price High ($)
Stock Price Change From 1 Yr High (%)
Stock Price USA 5-Year High ($) (including date)
57 Cents - 4/11/2007
Stock Price USA 5-Year Low ($) (including date)
2 Cents - 12/19/2008
They have good projects, but they have not been able to turn them into share holder value.
Canada (British Columbia, Yukon)
Local Issues (wag)
New Polaris has some infrastructure issues, but may not be a problem.
Country of Incorporation
4 Projects in Canada.
Shareholder Friendly (wag)
Could get highly diluted for a Project Generator (because of their low share price). Currently at 138 fully diluted shares.
Ore Grade (wag)
New Polaris is high grade with an average of 11 gpt
5/15/2014: Increased rating from 2 to 3 after they committed to developing the Polaris project and the stock crashed to $11 million market cap.
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