Talisker Resources Ltd TSK

MaterialsMetals & MiningCanada

Last close 0.85 CAD on Nov 1, 2026, −45.8% year to date

Quant rating

Quant rating D Rank 143 of 154 in Materials

Growth D 126 of 154
Valuation C 94 of 154
Quality D 116 of 154
Revisions D 132 of 154
Momentum D 139 of 154

Wall Street consensus Buy (2.00)Average target 4.38 CAD +414.7%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 164M
Enterprise value: 118M
52-week range: 0.76 – 2.35
3-year range: 0.26 – 2.35
Dividend yield: –
Beta (5 years): 0.97
Shares outstanding: 210M
Next earnings: Nov 12, 2026

About the company

Talisker Resources Ltd. is a junior resource company involved in the exploration and development of gold projects in British Columbia, Canada. Its flagship asset is the high-grade, fully permitted Bralorne Gold Project, where the Company is transitioning into underground production at the Mustang Mine. Its projects also include the Ladner Gold Project, an advanced stage project with exploration potential from an historical high-grade producing gold mine, and the Spences Bridge Project, where the Company holds about 85% of the emerging Spences Bridge Gold Belt, and several other early-stage Greenfields projects. The Bralorne Gold Project comprises over 13,709.00 hectares (ha), over 66 claims, three leases and 197 Crown Grant claims. Located in southern British Columbia, the Ladner Gold Project consists of over 217 mineral claims over an area of approximately 15,505 ha covering the northern part of the Coquihalla Gold Belt. The Spences Bridge Gold Project consists of about 126,720 ha.

Growth and profitability

Growth and profitability by fiscal year
	–	–	–	–	–	5Y avg
Revenue (mil)	12.6	0	0	0	0	–
Revenue growth	–	–	–	–	–	–
EPS (basic, normalized)	−0.16	–	−0.16	–	–	–
EPS growth	–	–	–	–	–	–
Gross margin	4.5%	–	–	–	–	4.5%
Net margin	−164.8%	–	–	–	–	−164.8%
ROE	−117.2%	−226.3%	−80.1%	−88.9%	−125.2%	−127.5%

Balance sheet, last quarter
Cash & short-term investments (mil)	49.7
Current ratio	2.97x
Long-term debt (mil)	2.5
Net debt (mil)	−45.9
Total equity (mil)	85.2
Net debt / equity	−0.54x
Net debt / EBITDA	3.06x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
– actual	12.6	–	9.3x	−15.0	–	−7.8x	−0.16	–	−5.3x
–	60.4	+378.4%	1.9x	−19.0	−26.9%	−6.2x	−0.11	+31.2%	−7.7x
–	150	+149.2%	0.8x	47.0	+347.4%	2.5x	0.13	+218.2%	6.5x
–	359	+138.6%	0.3x	183	+289.4%	0.6x	0.64	+392.3%	1.3x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
FY1	60.4	−33.8%	−38.7%	−35.5%	−0.11	−1,000.0%	−191.7%	−161.1%
FY2	150	−26.3%	−28.7%	−27.3%	0.13	−60.6%	−69.8%	−73.5%
FY3	359	−14.4%	−12.1%	−7.5%	0.64	−26.4%	−31.6%	−33.3%

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	–	–	–	–	–	–	–	–	–
Sales mean (mil)	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–
EPS reported	–	–	–	–	–	–	–	–	–	–
EPS mean	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–

FQ0 is the most recent reported quarter, FQ-1 the one before, and so on.

Peer comparison Metals & Mining

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
TSK Talisker Resources Ltd	164M	3.06x	−164.8%	1.90x	−7.7x	6.5x	−6.2x	2.5x
AGI Alamos Gold Inc.	16.1B	−0.39x	49.0%	2.32x	12.5x	9.5x	6.9x	5.2x
GUYGF G2 Goldfields Inc	2.5B	4.39x	−1,737.7%	–	–	–	–	–
OMG Omai Gold Mines Corp	1.0B	2.41x	–	22.02x	−31.3x	−24.3x	−29.3x	−17.9x
TLG Troilus Mining Corp	793M	3.13x	–	6.43x	−15.9x	−9.4x	−19.6x	−66.7x
NFGC New Found Gold Corp.	862M	2.14x	−819.2%	1.69x	−21.6x	22.3x	−22.5x	7.7x
Mean		2.46x	−668.2%	6.87x	−12.8x	0.9x	−14.2x	−13.8x
Median		2.73x	−492.0%	2.32x	−15.9x	6.5x	−19.6x	2.5x

Technical analysis

1M−31.6%
3M−30.4%
1Y−43.9%
3Y+147.6%

Financial statements in millions of CAD

Income statement in millions of CAD, fiscal years

Income statement, Talisker Resources Ltd, fiscal years, most recent first
	–	–	–	–	–	–
Total revenue	12.6	0	0	0	0	0
Cost of revenue	12.1	–	–	–	–	–
Gross profit	0.6	0	0	0	0	0
Selling, general & administrative expenses	12.5	6.4	5.6	7.5	9.1	8.7
Research & development	1.6	6.5	7.4	18.7	32.4	11.0
Depreciation/amortization	0.8	1.1	1.3	1.2	0.7	0.5
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	1.1	–	–	0.8	–	–
Other operating expenses	0	0	0	0	0	0
Operating income	−15.4	−14.0	−14.3	−28.2	−42.2	−20.2
Net interest income (expense)	−5.4	0	0.2	0.8	−0.9	0.1
Gain (loss) on sale of assets	–	–	0	−0.1	0.1	4.3
Other non-operating income (expense)	0	−0.8	−0.5	−0.1	−0.3	−0.3
Net income before taxes	−20.8	−14.8	−14.6	−27.7	−43.2	−16.2
Provision for taxes	0	−0.5	−2.0	−8.6	−5.5	−0.5
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	−20.8	−14.3	−12.6	−19.0	−37.7	−15.7
Extraordinary items	–	–	–	–	–	–
Net income	−20.8	−14.3	−12.6	−19.0	−37.7	−15.7
EBIT, normalized	−14.3	−14.0	−14.3	−27.4	−42.2	−20.2
EBITDA, normalized	−13.2	−12.8	−13.0	−26.2	−41.0	−19.7
Basic EPS, normalized	−0.16	–	−0.16	–	–	–

Balance sheet in millions of CAD, fiscal years

Balance sheet, Talisker Resources Ltd, fiscal years, most recent first
	–	–	–	–	–	–
Assets
Cash & short-term investments	32.5	17.0	8.5	5.7	12.6	25.0
Receivables	2.9	0.7	0.3	0.2	0.8	0.3
Total inventory	3.1	0.2	0.2	0	0.1	0.1
Prepaid expenses	1.5	0.7	0.6	0.5	0.6	0.4
Other current assets	0	0	0	0	0	0
Total current assets	40.0	18.5	9.6	6.4	14.0	25.8
Property, plant & equipment	48.5	25.3	26.8	36.7	43.6	28.6
Goodwill	–	–	–	–	–	–
Intangibles	–	–	–	–	–	–
Long-term investments	–	–	–	0	1.3	4.5
Note receivable	–	–	–	0	0.3	0.3
Other long-term assets	1.5	1.5	1.5	1.5	1.5	1.2
Total assets	90.0	45.2	37.9	44.6	60.7	60.4
Liabilities
Accounts payable	8.0	2.2	4.2	1.4	2.5	1.3
Payable/accrued	–	–	–	–	–	–
Accrued expenses	5.3	1.3	3.0	1.8	4.5	0.8
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	0.8	0.5	0.1	0.3	0.3	0.3
Other current liabilities	2.2	0.1	0	0.1	0.2	0
Total current liabilities	16.3	4.0	7.3	3.6	7.5	2.4
Long-term debt	1.7	5.6	0.2	0	0.3	0.4
Minority interest	–	–	–	–	–	–
Other liabilities	37.7	34.4	18.9	20.9	30.3	20.1
Total liabilities	55.6	44.1	26.4	24.5	38.0	22.9
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	153	105	101	98.2	83.3	61.4
Additional paid-in capital	–	–	–	–	–	–
Retained earnings (accumulated deficit)	−120	−104	−90.6	−81.8	−64.8	−27.3
Treasury stock	–	–	–	–	–	–
Other equity	1.7	0.8	0.7	3.7	4.2	3.4
Total equity	34.3	1.2	11.4	20.1	22.7	37.5
Total liabilities & shareholders' equity	90.0	45.2	37.9	44.6	60.7	60.4

Cash flow statement in millions of CAD, fiscal years

Cash flow statement, Talisker Resources Ltd, fiscal years, most recent first
	–	–	–	–	–	–
Operating activities
Net income	−20.8	−14.3	−12.6	−19.0	−37.7	−15.7
Depreciation, depletion & amortization	0.9	1.1	1.3	1.2	0.7	0.5
Deferred taxes	–	–	–	–	–	–
Non-cash items	11.9	1.2	−0.5	−7.9	−3.2	−2.6
Changes in working capital	−3.0	−3.9	3.5	−2.7	2.0	0.1
Cash from operations	−10.9	−15.9	−8.4	−28.4	−38.1	−17.7
Investing activities
Capital expenditures	−18.0	−0.7	−0.6	−0.1	−5.6	−1.3
Other investing cash flows	2.0	−2.0	8.6	2.1	9.8	−1.1
Cash from investing	−16.0	−2.7	8.0	2.0	4.2	−2.4
Financing activities
Financing cash flow items	−4.5	16.7	−0.2	−1.7	−0.7	−2.4
Cash dividends paid	–	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	49.1	7.5	3.3	21.2	22.3	37.8
Cash from financing	44.6	24.2	3.1	19.5	21.6	35.4
Foreign exchange effects	−0.5	0.7	–	–	–	–
Net change in cash	17.3	6.3	2.7	−6.8	−12.4	15.3
Free cash flow	−28.9	−16.6	−9.0	−28.5	−43.7	−19.0

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.