Odyssey Gold Limited (ODY) AI Stock Analysis

• Market Cap: AU$38.12M
• Dividend Yield: N/A
• Average Volume (3M): 2.11M
• Price to Earnings (P/E): ―
• Beta (1Y): 3.00
• Revenue Growth: N/A
• EPS Growth: -4.00%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 1,121,093,400
• 10 Day Avg. Volume: 780,250
• 30 Day Avg. Volume: 2,110,168
• PEG Ratio: -0.83
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 206.28
• P/FCF Ratio: -7.33
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: AU$0.04 ▼(-7.50% Downside)

The score is held down primarily by weak financial performance—continued losses and negative free cash flow—despite a debt-free balance sheet. Technicals are a relative positive with price above major moving averages and positive momentum, but valuation remains constrained by the loss-making profile and lack of dividend support.

Positive Factors

Promising Drilling Results

The confirmation of geological interpretation and grade continuity at the Tuckanarra Project supports potential resource conversion, enhancing long-term project viability and positioning Odyssey Gold for future development opportunities.

Debt-Free Balance Sheet

A debt-free balance sheet provides Odyssey Gold with financial flexibility and reduces solvency risk, allowing the company to focus on exploration and development without the burden of debt servicing.

Strategic Funding and Development

Securing $4 million in funding supports Odyssey Gold's exploration and development initiatives, enhancing its strategic positioning and potential for growth in the Murchison Goldfields.

Negative Factors

Persistent Losses

Ongoing losses and minimal revenue reflect an early-stage exploration profile, posing a risk to long-term financial stability and necessitating continued reliance on external funding.

Negative Cash Flow

Negative cash flow highlights the company's reliance on external funding to sustain operations, increasing financial risk and potentially limiting future growth opportunities.

Volatile Profitability

Volatile profitability and weak margins due to minimal revenue hinder the company's ability to achieve consistent financial performance, impacting long-term sustainability.

Odyssey Gold Limited Business Overview & Revenue Model

Company Description

Odyssey Gold Limited engages in the exploration and development of mineral resource properties in Western Australia. The company primarily explores for gold. It holds an agreement to acquire 80% interests in the Tuckanarra and Stakewell gold projects, located in the Meekatharra-Cue region of Western Australia. The company was formerly known as Odyssey Energy Limited and changed its name to Odyssey Gold Limited in November 2020. Odyssey Gold Limited was incorporated in 2005 and is based in Perth, Australia.

How the Company Makes Money

Odyssey Gold Limited makes money primarily through the exploration and potential development of gold mining projects. The company generates revenue by discovering commercially viable gold deposits, which can lead to the sale of these assets to larger mining companies or entering into joint ventures for further development. Additionally, Odyssey Gold may earn income through licensing agreements or royalties once mining operations commence. The company may also raise funds through equity financing to support its exploration activities. Significant partnerships with other resource companies or investors can enhance its financial position and resources for exploration.

Odyssey Gold Limited Financial Statement Overview

Summary

Odyssey Gold Limited demonstrates financial stability with a solid equity base and no significant debt load. However, the lack of revenue and persistent losses indicate operational challenges. The company's reliance on financing for cash flow underscores the need for strategic shifts to achieve profitability and sustainable growth. Without improvement in revenue generation and operational efficiency, long-term financial health remains uncertain.

Income Statement

The income statement reveals a consistent lack of revenue generation with zero revenue reported in the latest period, reflecting stagnation in growth. The company has been unable to achieve profitability, with increasing net losses over time. The absence of gross and net profit margins highlights struggles in cost management and revenue generation, critical for a company in the mining sector.

Balance Sheet

Odyssey Gold Limited maintains a solid equity base with no debt, resulting in a favorable debt-to-equity ratio of zero. The equity ratio remains robust at approximately 98.6%, indicating financial stability. However, the declining stockholders' equity suggests potential challenges in sustaining growth and operational funding without revenue generation.

Cash Flow

The cash flow statement highlights negative operating and free cash flows, showing cash burn primarily from operations without offsetting revenue streams. The company has relied heavily on financing activities to fund operations, which may not be sustainable long-term. Positive free cash flow growth is absent, indicating potential liquidity constraints.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	77.94K	0.00	0.00	-14.03K	10.00K
Gross Profit	0.00	77.94K	-64.84K	-67.03K	-76.04K	9.01K
EBITDA	-2.16M	-2.26M	-2.11M	-3.85M	-9.48M	-4.43M
Net Income	-2.09M	-2.32M	-2.04M	-3.84M	-9.54M	-4.37M
Balance Sheet
Total Assets	10.82M	13.26M	11.99M	12.07M	12.78M	22.17M
Cash, Cash Equivalents and Short-Term Investments	1.76M	4.22M	2.94M	2.94M	3.48M	12.69M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	271.92K	399.92K	164.94K	1.26M	2.80M	2.90M
Stockholders Equity	10.54M	12.86M	11.82M	10.81M	9.98M	19.27M
Cash Flow
Free Cash Flow	-3.09K	-2.19M	-3.00M	-5.00M	-9.32M	-7.46M
Operating Cash Flow	-2.08K	-2.19M	-2.00M	-4.45M	-8.58M	-3.66M
Investing Cash Flow	-1.00K	-2.11K	-1.00M	-541.99K	-585.74K	-3.95M
Financing Cash Flow	0.00	3.47M	3.01M	4.45M	-44.30K	6.06M

Odyssey Gold Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ODY, the sentiment is Neutral. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.66 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:ODY.

Odyssey Gold Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
WGR	53 Neutral	AU$58.33M	-14.60	-184.34%	―	―	40.17%
ODY	49 Neutral	AU$38.12M	-13.08	-19.04%	―	―	-4.00%
IR1	48 Neutral	AU$52.15M	-3.43	-30.19%	―	―	9.01%
MVL	47 Neutral	AU$24.13M	-6.54	-77.71%	―	―	―
AAM	46 Neutral	AU$30.79M	-6.19	-7.34%	―	―	―
MAG	41 Neutral	AU$27.12M	-10.38	-25.89%	―	―	47.47%

Odyssey Gold Limited Corporate Events

Odyssey Gold Reports Promising Drilling Results at Tuckanarra Project

Odyssey Gold Limited has announced significant results from its ongoing reverse circulation drilling program at the Tuckanarra Gold Project, particularly at the Highway Deposit. The drilling has confirmed the geological interpretation and grade continuity, supporting the potential for substantial conversion of the Mineral Resource Estimate to the Indicated Category. These results enhance the prospect of Highway as a viable open pit mining operation, with further exploration potential at depth.

Odyssey Gold Reports Promising Drilling Results at Tuckanarra Project

Odyssey Gold Limited has announced significant progress in its reverse circulation drilling program at the Tuckanarra Gold Project, revealing promising results from the Highway Deposit. The drilling has confirmed the geological interpretation and grade continuity, supporting the potential for substantial conversion of the Mineral Resource Estimate to the Indicated Category. This development reinforces the project’s viability as an open pit mining proposition, with further exploration potential.

Odyssey Gold Limited Successfully Concludes Annual General Meeting with Key Resolutions Passed

Odyssey Gold Limited held its Annual General Meeting on November 18, 2025, where all proposed resolutions were successfully passed via a poll. Key decisions included the approval of the remuneration report, the re-election of Mr. Matthew Syme as Director, and the approval of a 10% placement facility, indicating strong shareholder support and strategic direction for future growth.

Odyssey Gold Advances Tuckanarra Project with Positive Study Results and $4M Funding

Odyssey Gold Limited has completed a Mining Technical Study for its Tuckanarra Gold Project, indicating strong potential for development. The company plans to proceed with a Scoping Study following positive results from metallurgical tests and a successful drilling program that upgraded mineral resources. Additionally, Odyssey raised $4 million to support ongoing exploration and development efforts, positioning itself strategically within the prolific Murchison Goldfields.

Odyssey Gold Limited Announces Annual General Meeting Details

Odyssey Gold Limited has announced its Annual General Meeting, scheduled for 18 November 2025 in Perth, WA. The company will not send physical copies of the meeting notice unless requested, and materials are available online. Shareholders are encouraged to review the materials and update their communication preferences as needed.

Odyssey Gold Initiates Extensive Drilling at Tuckanarra Project

Odyssey Gold Limited has commenced a new 5,000-metre reverse circulation drilling program at its Tuckanarra Gold Project. The program targets resource definition and extension at the Highway deposit and further exploration of the Cable Hangingwall vein, with completion expected by the end of November 2025.

Odyssey Gold Pursues Strategic Gold Exploration in Murchison Region

Odyssey Gold Limited, listed on the ASX under the ticker ODY, is focusing on substantial gold development and exploration in the prolific Murchison Region. The company aims to leverage the strategic value of gold as a portfolio diversifier, as highlighted by Ray Dalio at the Greenwich Economic Forum. This initiative could potentially enhance Odyssey Gold’s market positioning and attract investors seeking to diversify their portfolios with gold assets.

Odyssey Gold Advances Tuckanarra Project with Positive Study

Odyssey Gold Limited has announced a positive Mining Technical Study for its Tuckanarra Gold Project, supporting the development of an open pit mining operation. The study, conducted in collaboration with Monument Mining Ltd, indicates potential for processing at the nearby Burnakura Processing Plant, which may be upgraded to accommodate third-party ore. With a Mineral Resource Estimate of 5.14Mt at 2.5g/t for 407,000 ounces, the project is poised for further advancement, including a Scoping Study and infill drilling to enhance resource estimates. The study’s findings suggest favorable conditions for obtaining necessary permits by 2026, potentially accelerating the project’s timeline and enhancing Odyssey’s position in the gold mining sector.