Odyssey Gold Limited (ODY) AI Stock Analysis

• Market Cap: €20.98M
• Dividend Yield: N/A
• Average Volume (3M): 3.08M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.90
• Revenue Growth: N/A
• EPS Growth: 36.11%
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 50
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 1,104,193,400
• 10 Day Avg. Volume: 4,471,104
• 30 Day Avg. Volume: 3,078,270
• PEG Ratio: -1.22
• Price to Book (P/B): 1.94
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.40K
• 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

• Rating: 42 Neutral
• Price Target: ―

Odyssey Gold Limited's overall stock score reflects significant financial challenges, including the absence of revenue and persistent losses, despite a strong equity base and no debt. Technical analysis indicates some positive momentum, yet the stock appears overbought, increasing risk. The negative P/E ratio and lack of dividends highlight valuation concerns. The company's future performance hinges on its ability to improve revenue generation and operational efficiency to achieve sustainable growth.

Odyssey Gold Limited Business Overview & Revenue Model

Company Description

Odyssey Gold Limited (ODY) is a mineral exploration company focused on the discovery and development of gold deposits in Australia. The company operates primarily within the mining and resources sector, leveraging its expertise to explore, evaluate, and potentially bring to production gold mining projects. Odyssey Gold Limited's core operations involve conducting geological surveys, drilling programs, and feasibility studies on its exploration licenses to identify lucrative gold resources.

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	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	-14.03K	10.00K	10.00K
Gross Profit	-64.84K	-67.03K	-76.04K	9.01K	10.00K
EBITDA	-2.11M	-3.85M	-9.48M	-4.43M	-388.00K
Net Income	-2.04M	-3.84M	-9.54M	-4.37M	-60.74K
Balance Sheet
Total Assets	11.99M	12.07M	12.78M	22.17M	14.28M
Cash, Cash Equivalents and Short-Term Investments	2.94M	2.94M	3.48M	12.69M	14.25M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	164.94K	1.26M	2.80M	2.90M	45.86K
Stockholders Equity	11.82M	10.81M	9.98M	19.27M	14.23M
Cash Flow
Free Cash Flow	-3.00M	-5.00M	-9.32M	-7.46M	-132.10K
Operating Cash Flow	-2.00M	-4.45M	-8.58M	-3.66M	-132.10K
Investing Cash Flow	-1.00M	-541.99K	-585.74K	-3.95M	0.00
Financing Cash Flow	3.01M	4.45M	-44.30K	6.06M	0.00

Odyssey Gold Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 57.66 is Neutral, neither overbought nor oversold. The STOCH value of 80.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:ODY.

Odyssey Gold Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RMS	76 Outperform	$2.83B	7.99	26.42%	2.46%	54.37%	310.22%
EVN	76 Outperform	$15.18B	21.81	16.97%	1.85%	60.56%	302.20%
GOR	76 Outperform	AU$3.47B	24.20	13.42%	0.94%	11.93%	22.74%
NST	71 Outperform	$23.60B	20.01	11.01%	3.02%	25.11%	28.88%
RRL	65 Neutral	$3.42B	―	-0.38%	―	29.83%	93.23%
Sector *	59 Neutral	C$1.26B	-1.09	-8.19%	4.98%	10.83%	-22.67%
ODY	42 Neutral	€20.98M	―	-18.08%	―	―	36.11%

Odyssey Gold Limited Corporate Events

Odyssey Gold Uncovers New Targets at Tuckanarra Project

Odyssey Gold Limited has announced the successful completion of an airborne electromagnetic survey at the Tuckanarra Gold JV Project, identifying multiple priority targets. The survey, which covered 47 square kilometers, revealed 32 EM anomalies, some of which coincide with known mineral resources, highlighting the technique’s effectiveness. The discovery of new targets, particularly those under cover, presents significant opportunities for resource expansion and further exploration, positioning Odyssey Gold for potential growth in its gold resource base.

Odyssey Gold Advances Tuckanarra Project with New Survey and Processing Collaboration

Odyssey Gold Limited has completed a regional airborne electromagnetic survey at its Tuckanarra Gold Project to identify deeper gold targets for drilling. The company has also executed a memorandum of understanding with Monument Murchison Pty Ltd to explore processing options at the nearby Burnakura gold processing plant. A technical study has commenced to assess mining and processing options, leveraging the project’s strategic location and existing infrastructure.

Odyssey Gold Launches Technical Study for Tuckanarra Project

Odyssey Gold Limited has initiated a Technical Study to explore mining options for its Tuckanarra Gold Project, aiming to process high-grade open pit resources at the nearby Burnakura plant. The study, part of a collaboration with Monument Murchison Pty Ltd, seeks to leverage the supportive gold price environment and the project’s strategic advantages, such as existing mining leases and favorable metallurgical characteristics, to fast-track production. The engagement of Goldfields Technical Services to manage the study and the completion of an aerial electromagnetic survey underscore Odyssey’s commitment to advancing the project and exploring additional resources.

Odyssey Gold Limited Releases Interim Financial Report for 2024

Odyssey Gold Limited has released its interim financial report for the half-year ending December 31, 2024. The report provides insights into the company’s financial performance, including statements of profit or loss, financial position, and cash flows. This financial disclosure is crucial for stakeholders to assess the company’s operational efficiency and financial health, potentially impacting its market positioning and investor confidence.

Odyssey Gold Appoints Matthew Syme as Executive Director

Odyssey Gold Limited has appointed Mr. Matthew Syme as an Executive Director, effective immediately. Mr. Syme, who has extensive experience in the mining sector and has previously served as a Non-Executive Director for the company, was instrumental in acquiring Odyssey’s current gold projects in 2020. His appointment is expected to strengthen the company’s leadership and enhance its strategic direction in the mining industry.