Austin Gold Corp. (AUST) AI Stock Analysis

• Market Cap: $28.07M
• Dividend Yield: N/A
• Average Volume (3M): 130.89K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.79
• Revenue Growth: N/A
• EPS Growth: 55.44%
• Country: US
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.02
• Shares Outstanding: 13,693,001
• 10 Day Avg. Volume: 86,250
• 30 Day Avg. Volume: 130,893
• PEG Ratio: 0.18
• Price to Book (P/B): 2.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.23
• Enterprise Value/Market Cap: 1.35
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -14.01K
• Enterprise Value/Ebitda: -19.28
• 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: 48 Neutral
• Price Target: $3.00 ▲(66.67% Upside)

The score is held back primarily by weak financial performance: no revenue, ongoing losses, and sustained negative free cash flow, despite a debt-free balance sheet. Technicals are a notable positive with strong price strength above major moving averages and positive MACD, but elevated RSI suggests momentum may be stretched. Valuation is constrained by negative earnings (negative P/E) and no indicated dividend yield.

Positive Factors

Debt-free balance sheet

No reported debt materially lowers financial fragility and interest burden, preserving optionality to fund exploration via equity or project financing. Over months this reduces bankruptcy risk and gives management flexibility to sequence drilling and capital allocation without fixed interest obligations.

Improving operating losses

Year-over-year reduction in net loss suggests tighter cost control and more efficient use of exploration spend. If sustained, this trend lengthens runway per dollar of funding, lowering near-term financing frequency and improving the odds of reaching a value-creating discovery or financing milestone.

Focused US gold exploration

Concentrated strategy on US gold assets aligns the company with a clear, investable geological niche. Successful drill results or resource definition have asymmetric upside for explorers; being US-focused may streamline regulatory engagement and attract jurisdiction-sensitive capital over the medium term.

Negative Factors

No revenue generation

Absence of operating revenue means the company cannot self-fund exploration; value depends entirely on capital markets or commodity-linked milestones. Over months this raises execution risk if markets tighten, and project advancement is contingent on successful financing or a material exploration discovery.

Persistent negative cash flow

Consistent negative operating and free cash flow creates ongoing funding needs and increases the likelihood of dilutive equity raises or costly financing. Structurally, this constrains the pace of exploration programs and can delay value realization absent a sustained improvement or external capital.

Eroding equity base

Material decline in equity reduces the balance-sheet cushion and signals cumulative losses. Over the medium term this heightens fundraising vulnerability and potential dilution, limiting strategic flexibility to pursue larger or longer-duration exploration campaigns without securing new capital.

Austin Gold Corp. Business Overview & Revenue Model

Company Description

Austin Gold Corp., a gold exploration company, focuses on the exploration and evaluation of mineral property interests in Nevada. The company's principal property the Kelly Creek Project with a mix of 6 patented mining claims and 1,600 unpatented mining claims covering an area of 136.8 square kilometers located in the Kelly Creek Basin, in southeastern Humboldt County, Nevada. Its other projects include the Fourmile Basin Project that comprises 312 unpatented lode mining claims covering approximately 6410 acres located in Nye County; the Lone Mountain Project consisting of 454 unpatented lode mining claims and 6 patented mining claims covering approximately 34.2 square kilometers located near Lone Mountain in Elko County; and the Miller Project with a total of 281 unpatented lode mining claims covering approximately 23.5 square kilometers in Elko County in Nevada. The company was incorporated in 2020 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Austin Gold Corp. generates revenue primarily through the discovery and development of gold resources, which can be monetized by either selling these assets to larger mining companies or entering into joint ventures for further development and eventual gold production. The company's revenue streams are largely dependent on successful exploration results and the ability to secure favorable partnerships or sales agreements. Additionally, Austin Gold may raise capital through equity financing, which provides the necessary funds for exploration activities and operational costs. Key factors contributing to its earnings include the fluctuation of gold market prices, investor interest in gold assets, and the success of its exploration programs.

Austin Gold Corp. Financial Statement Overview

Summary

Income statement reflects an early-stage profile with no revenue and recurring losses (TTM net loss ~$(1.8)M). Cash flow is persistently negative with ongoing cash burn (TTM free cash flow ~$(2.6)M). The key offset is a debt-free balance sheet, but equity/assets have declined over time, indicating continued reliance on external funding.

Income Statement

Across the annual periods and TTM (Trailing-Twelve-Months), the company reports no revenue and consistent operating losses, indicating it is not yet in a commercial production phase. Losses improved versus the 2024 annual period (TTM net loss ~$(1.8)M vs. 2024 net loss ~$(3.1)M), but profitability remains deeply negative and dependent on continued funding rather than operations.

Balance Sheet

The balance sheet is conservatively structured with no debt reported, which reduces financial risk and interest burden. However, equity and total assets have declined meaningfully over time (equity down from ~$14.8M in 2022 to ~$8.8M in TTM), and returns on equity are negative, reflecting ongoing losses and erosion of the capital base.

Cash Flow

Cash generation is weak: operating cash flow and free cash flow are consistently negative, indicating ongoing cash burn. TTM (Trailing-Twelve-Months) free cash flow is ~$(2.6)M and declined versus the prior annual period (negative growth), though cash burn appears lower than 2024 (free cash flow ~$(4.6)M), suggesting some cost tightening. Overall, funding needs remain persistent given negative operating cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-2.70K	-2.08K	-354.00	-527.00	-780.00	0.00
EBITDA	-1.96M	-3.41M	-2.24M	-1.72M	-288.49K	-2.89M
Net Income	-1.81M	-3.08M	-4.00M	-1.07M	-401.11K	-3.11M
Balance Sheet
Total Assets	8.88M	9.51M	12.01M	14.88M	2.59M	3.73M
Cash, Cash Equivalents and Short-Term Investments	3.66M	5.30M	9.53M	12.28M	1.09M	2.42M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	84.39K	228.70K	676.61K	97.83K	60.77K	37.94K
Stockholders Equity	8.80M	9.28M	11.33M	14.78M	2.53M	3.69M
Cash Flow
Free Cash Flow	-2.60M	-4.56M	-3.25M	-2.86M	-849.05K	-579.44K
Operating Cash Flow	-1.57M	-2.45M	-1.69M	-1.79M	-269.51K	-115.62K
Investing Cash Flow	1.04M	1.94M	1.96M	-12.52M	-541.55K	-855.92K
Financing Cash Flow	339.53K	0.00	0.00	13.85M	-23.00	2.87M

Austin Gold Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.80
• 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 AUST, the sentiment is Positive. The current price of 1.8 is below the 20-day moving average (MA) of 1.92, below the 50-day MA of 1.80, and above the 200-day MA of 1.62, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 51.68 is Neutral, neither overbought nor oversold. The STOCH value of 35.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AUST.

Austin Gold Corp. 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%
GORO	53 Neutral	$216.89M	-3.93	-92.98%	―	-15.35%	30.92%
PZG	49 Neutral	$138.69M	-10.62	-34.40%	―	―	-35.79%
AUST	48 Neutral	$28.07M	-13.93	-19.37%	―	―	55.44%

Austin Gold Corp. Corporate Events

Austin Gold Corp. Reports Q3 2025 Financial Results

Austin Gold Corp. filed its Form 6-K on November 5, 2025, reporting its financial results for the three and nine months ended September 30, 2025. The company experienced a net loss and comprehensive loss for the period, with notable decreases in cash and short-term investments compared to the previous year. This financial performance reflects ongoing challenges in managing administrative expenses and maintaining exploration and evaluation assets, which could impact its operational strategy and stakeholder confidence.