Patriot Gold (PGOL) AI Stock Analysis

• Market Cap: $2.79M
• Dividend Yield: N/A
• Average Volume (3M): 37.92K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.31
• Revenue Growth: -100.00%
• EPS Growth: -117.08%
• Country: US
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.05
• Shares Outstanding: 60,354,538
• 10 Day Avg. Volume: 52,685
• 30 Day Avg. Volume: 37,921
• PEG Ratio: <0.01
• Price to Book (P/B): -7.20
• Price to Sales (P/S): 4.13
• P/FCF Ratio: -1.24
• 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: 55 Neutral
• Price Target: ―

Patriot Gold's overall score reflects its financial challenges, including declining profitability and cash flow, despite a strong balance sheet. Technical indicators suggest a bearish trend, and the negative market reaction to the last earnings release underscores investor concerns. Valuation metrics further highlight the stock's struggles, contributing to a below-average score.

Positive Factors

Strong Balance Sheet

A strong balance sheet with no debt provides financial stability and flexibility, allowing the company to invest in growth opportunities without the burden of interest obligations.

High Gross Profit Margin

A high gross profit margin indicates efficient cost management and pricing power, contributing to the company's ability to generate profits from its core operations.

Efficient Cash Generation

Efficient cash generation relative to net income suggests the company can effectively convert earnings into cash, supporting ongoing operations and potential investments.

Negative Factors

Declining Profitability

The significant drop in EBIT margin indicates rising operating costs, which could erode profitability and impact the company's ability to sustain earnings growth.

Decreased Cash Flow

A decline in operating cash flow raises concerns about the company's cash management and its ability to fund operations and growth initiatives without external financing.

Reduced Return on Equity

The decrease in return on equity suggests reduced efficiency in generating profits from shareholders' investments, potentially impacting investor confidence and future capital raising.

Patriot Gold Business Overview & Revenue Model

Company Description

Patriot Gold Corp., together with its subsidiaries, acquires, explores, and develops natural resource properties in the United States. It primarily explores for gold deposits. The company holds a 100% interest in the Vernal property that consists of 12 unpatented mining claims covering an area of approximately 248 acres in Nevada. It also holds interests in the Windy Peak property, which includes 114 unpatented mineral claims covering approximately 2,337 acres in southwest Nevada; and the Rainbow Mountain property that consists of 81 unpatented lode claims covering an area of approximately 1,620 contiguous acres in Nevada. The company was incorporated in 1998 and is based in Reno, Nevada.

How the Company Makes Money

Patriot Gold makes money through the exploration, development, and eventual production and sale of gold from its mining properties. The company generates revenue by identifying promising gold deposits, investing in the necessary infrastructure and technology to extract the gold, and then selling the extracted gold to various buyers, including refineries and financial institutions. Key revenue streams for Patriot Gold include the sale of gold produced from its operations and potential joint ventures or partnerships with other mining companies, which can provide additional capital and resources to expand its mining activities. Additionally, the company may earn money by leasing its properties to other mining entities or through royalty agreements on extracted resources.

Patriot Gold Financial Statement Overview

Summary

Patriot Gold shows revenue growth but faces challenges with declining profitability and cash flow. The balance sheet is strong with no debt, but the company must address the weakened cash flow and margins for sustainable growth.

Income Statement

Patriot Gold's income statement reveals a mixed performance. The company experienced a moderate revenue growth rate of 8.1% in 2023 compared to 2022. Gross profit margin remains healthy at 77.9%, but there is a notable decline in EBIT margin from 38% in 2022 to 3.5% in 2023, indicating increased operating costs. Net profit margin also decreased significantly. The company needs to address the declining profitability despite revenue growth.

Balance Sheet

The balance sheet of Patriot Gold is strong, with no reported debt, resulting in a null debt-to-equity ratio, which indicates low financial leverage. Stockholders' equity covers a substantial portion of total assets, with an equity ratio of 91.6%. Return on equity fell slightly to 2.7% in 2023 from 18.6% in 2022, suggesting reduced profitability on shareholders' investments.

Cash Flow

Cash flow analysis shows a significant decline in operating cash flow from $1.19M in 2022 to $582K in 2023, and the free cash flow follows the same downward trend. The operating cash flow to net income ratio stands at 7.02, indicating efficient cash generation relative to net income, but the decrease in cash flows raises concerns about the company's cash management and funding strategy.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	361.52K	1.93M	1.79M	1.74M	2.47M
Gross Profit	-49.28K	-8.13K	1.50M	1.69M	1.23M	2.20M
EBITDA	-2.09M	0.00	59.04K	762.09K	316.71K	1.10M
Net Income	-3.14M	-3.15M	82.98K	621.51K	152.43K	2.03M
Balance Sheet
Total Assets	162.22K	531.03K	3.31M	4.21M	3.79M	3.69M
Cash, Cash Equivalents and Short-Term Investments	71.35K	423.29K	1.73M	2.19M	1.53M	1.35M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.60M	738.30K	278.06K	222.43K	176.64K	233.38K
Stockholders Equity	-1.44M	-207.27K	3.03M	3.99M	3.61M	3.46M
Cash Flow
Free Cash Flow	-720.84K	-1.21M	582.58K	1.19M	293.23K	873.48K
Operating Cash Flow	-720.84K	-1.21M	582.58K	1.19M	293.23K	873.48K
Investing Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00
Financing Cash Flow	251.23K	-93.36K	-1.04M	-452.50K	0.00	22.40K

Patriot Gold Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PGOL, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 45.26 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PGOL.

Patriot Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IDR	72 Outperform	$589.24M	55.71	18.37%	―	61.35%	34.33%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
PGOL	55 Neutral	$2.79M	-0.89	-663.65%	―	-100.00%	-117.08%
PZG	45 Neutral	$86.98M	-6.69	-34.40%	―	―	-35.79%
GORO	43 Neutral	$85.14M	-1.47	-92.98%	―	-15.35%	30.92%
AUST	37 Underperform	$23.83M	―	-19.37%	―	―	55.44%