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Austin Gold Corp. (AUST)
:AUST
US Market

Austin Gold Corp. (AUST) AI Stock Analysis

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AU

Austin Gold Corp.

(NYSE MKT:AUST)

Rating:37Underperform
Price Target:
Austin Gold Corp.'s overall stock score is primarily impacted by its financial performance, which is constrained by a lack of revenue and negative cash flow. The technical analysis reflects a downward trend, and valuation metrics are challenging with a negative P/E ratio. The company's strong equity position is a positive factor but is outweighed by the risks associated with its early-stage operations.

Austin Gold Corp. (AUST) vs. SPDR S&P 500 ETF (SPY)

Austin Gold Corp. Business Overview & Revenue Model

Company DescriptionAustin 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 MoneyAustin 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
Austin Gold Corp. is in an early-stage exploration phase, characterized by zero revenue and negative cash flow. Despite a strong equity position with no debt, the absence of income generation and declining stockholders' equity pose risks to financial sustainability.
Income Statement
10
Very Negative
Austin Gold Corp. has reported zero revenue consistently, indicating its early-stage status or pre-revenue phase typical in mining exploration companies. The absence of net income and other profitability metrics suggests no current operational earnings, which is a significant limitation for assessing income statement performance.
Balance Sheet
60
Neutral
The company maintains a strong equity position with no debt, reflected in a debt-to-equity ratio of 0. This is favorable for financial stability. Equity ratio is high, demonstrating a solid foundation of equity financing. However, the shrinking stockholders' equity over recent years points to potential challenges in maintaining asset value without revenue streams.
Cash Flow
25
Negative
Austin Gold Corp. exhibits negative free cash flow, highlighting cash burn in operations without revenue inflow. While operating cash flow is negative, indicating outflows greater than inflows, the lack of consistent financing or investing cash flow data limits a comprehensive assessment. The significant decline in cash reserves underscores liquidity pressures.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-2.75K0.000.00-527.00-451.00
EBITDA-3.07M-3.13M-2.38M-2.18M-176.65K-2.89M
Net Income-3.13M-4.43M-5.30M-1.07M-1.73M
Balance Sheet
Total Assets9.05M13.68M12.01M19.99M2.58M2.93M
Cash, Cash Equivalents and Short-Term Investments4.82M7.61M9.53M16.50M1.09M1.90M
Total Debt0.000.000.000.000.000.00
Total Liabilities109.09K328.80K676.61K97.83K60.43K29.75K
Stockholders Equity8.94M13.35M15.02M19.86M2.52M2.90M
Cash Flow
Free Cash Flow-4.00M-4.56M-3.25M
Operating Cash Flow-2.38M-2.45M-1.69M
Investing Cash Flow1.11M1.94M1.96M-16.82M
Financing Cash Flow0.000.000.0018.61M2.87M

Austin Gold Corp. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.32
Price Trends
50DMA
1.35
Negative
100DMA
1.36
Negative
200DMA
1.48
Negative
Market Momentum
MACD
-0.02
Positive
RSI
43.18
Neutral
STOCH
15.56
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AUST, the sentiment is Negative. The current price of 1.32 is below the 20-day moving average (MA) of 1.47, below the 50-day MA of 1.35, and below the 200-day MA of 1.48, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 43.18 is Neutral, neither overbought nor oversold. The STOCH value of 15.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AUST.

Austin Gold Corp. Risk Analysis

Austin Gold Corp. disclosed 52 risk factors in its most recent earnings report. Austin Gold Corp. reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 1 New Risks
1.
We are or may become subject to data privacy laws, regulations, litigation and directives relating to our processing of personal information. Q4, 2023

Austin Gold Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
52
Neutral
$90.06M-103.61%-34.57%-238.18%
50
Neutral
$242.03M-9999.00%18.69%
PZPZG
45
Neutral
$46.44M-23.96%0.16%
44
Neutral
C$967.22M-6.71-13.35%2.72%17.20%-32.62%
37
Underperform
-28.17%23.03%
$173.02M-92.39%
31
Underperform
$117.70M
1.67%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AUST
Austin Gold Corp.
1.32
0.27
25.71%
USAU
US Gold
12.84
7.04
121.38%
GORO
Gold Resource
0.69
0.26
60.47%
PZG
Paramount Gold Nevada
0.68
0.24
54.55%
HYMC
Hycroft Mining Holding
3.14
0.57
22.18%
CTGO
Contango ORE
20.10
0.91
4.74%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 23, 2025