Low Leverage / Modest DebtThe company's reported debt-to-equity of ~0.20 and modest total debt provide durable financial flexibility versus highly leveraged peers. Low leverage reduces near-term solvency risk, supporting the ability to pursue operating or exploration activities without heavy fixed interest burden.

Tangible Asset And Equity BaseA tangible asset base (total assets ~1.35M) and positive equity position offer a foundational cushion for operations and optionality. These assets can support continued development activities, provide collateral for financing, and help sustain the business through multi-quarter execution cycles.

Improving Cash-burn TrajectoryManagement has reduced cash burn versus prior annual periods, implying improving cash discipline. A declining cash outflow trend extends runway, lowers near-term external funding pressure, and, if maintained, increases the chance of reaching breakeven or reducing capital needs over months.

Bears Say

Pre-revenue, Persistent LossesThe company remains pre-revenue with substantial trailing losses, meaning operating economics are unproven. Without revenue, long-term sustainability depends on converting exploration or development work into commercial outputs; until then the business cannot self-fund operations.

Negative Operating And Free Cash FlowConsistent negative operating and free cash flows indicate ongoing cash burn and reliance on external financing. Persistent cash outflows reduce runway and raise execution risk, particularly if capital markets tighten or raising incremental funds becomes more costly over a multi-month horizon.

Eroding Equity / Negative ROENegative trailing ROE and declining equity show the company is destroying shareholder capital. Continued losses will further erode the capital base, constrain strategic options, and increase the likelihood of needing dilutive financing to sustain operations over the medium term.

Four Nines Gold News

Four Nines Gold to Double Share Count with Two-for-One Forward Split

Four Nines Gold ( ($TSE:FNAU) ) just unveiled an update. Four Nines Gold Inc. has announced a two-for-one...

20d ago

Four Nines Gold Expands Hayden Hill Exploration

Four Nines Gold (TSE:FNAU) has released an update. Four Nines Gold Inc. has amended its agreement with Kinross...

1y ago

Four Nines Gold Teams Up with Senergy Communications

Four Nines Gold (TSE:FNAU) has released an update. Four Nines Gold Inc. has partnered with Senergy Communications Capital...

1y ago

Four Nines Gold Unveils High-Grade Assay Results

Four Nines Gold (TSE:FNAU) has released an update. Four Nines Gold Inc. has reported promising assay results from...

2y ago

Four Nines Gold Unveils Optimistic Mining Models

Four Nines Gold (TSE:FNAU) has released an update. Four Nines Gold Inc. has updated its corporate presentation, revealing...

2y ago

Four Nines Gold Incentivizes with New Stock Options

Four Nines Gold, Inc. Class A (TSE:FNAU) has released an update. Four Nines Gold Inc. has announced the...

2y ago

FNAUF FAQ

What was Four Nines Gold’s price range in the past 12 months?

Four Nines Gold lowest stock price was $0.06 and its highest was $0.19 in the past 12 months.

What is Four Nines Gold’s market cap?

Four Nines Gold’s market cap is $8.13M.

When is Four Nines Gold’s upcoming earnings report date?

Four Nines Gold’s upcoming earnings report date is Jun 01, 2026 which is in 102 days.

How were Four Nines Gold’s earnings last quarter?

Four Nines Gold released its earnings results on Dec 19, 2025. The company reported >-$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by >-$0.001.

Is Four Nines Gold overvalued?

According to Wall Street analysts Four Nines Gold’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Four Nines Gold pay dividends?

Four Nines Gold does not currently pay dividends.

What is Four Nines Gold’s EPS estimate?

Four Nines Gold’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Four Nines Gold have?

Four Nines Gold has 44,377,240 shares outstanding.

What happened to Four Nines Gold’s price movement after its last earnings report?

Four Nines Gold reported an EPS of >-$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Four Nines Gold?

Currently, no hedge funds are holding shares in FNAUF

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Four Nines Gold

Four Nines Gold Inc., a junior resource company, engages in the acquisition, exploration, and development of gold properties in Canada. It has an option to acquire a 100% interest in the Bonneville property that includes 36 mineral tenures covering an area of approximately 2,018 hectares located in central Quebec. The company was formerly known as Eureka Dome Gold Inc. and changed its name to Four Nines Gold Inc. in November 2016. Four Nines Gold Inc. was incorporated in 2015 and is headquartered in Vancouver, Canada.