AJN Resources Inc. (AJN) AI Stock Analysis

• Market Cap: C$5.69M
• Dividend Yield: N/A
• Average Volume (3M): 44.79K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.45
• Revenue Growth: N/A
• EPS Growth: 13.51%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 71
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 63,174,664
• 10 Day Avg. Volume: 35,450
• 30 Day Avg. Volume: 44,794
• PEG Ratio: -0.10
• Price to Book (P/B): 316.04
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.53
• 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: 24 Underperform
• Price Target: ―

The overall stock score of 24 reflects AJN Resources Inc.'s significant financial challenges, with no revenue and continuous losses impacting long-term viability. Technical indicators suggest a potential buying opportunity if fundamentals improve. However, the negative P/E ratio and lack of dividend yield highlight ongoing profitability issues. Although the recent private placement financing is a positive step, it does not fully address underlying financial instability.

AJN Resources Inc. Business Overview & Revenue Model

Company Description

AJN Resources Inc. engages in the acquisition, exploration, and evaluation of mineral properties. It holds an option to acquire a 100% interest in the Salt Wells Lithium Project located in Nevada, the United States. The company was incorporated in 2016 and is based in Vancouver, Canada.

How the Company Makes Money

AJN Resources Inc. makes money by acquiring and developing mineral resource properties, primarily focusing on gold. The company generates revenue through the exploration and potential sale or joint ventures of its mining properties. By enhancing the value of its mineral assets, AJN can attract investment or partnerships with larger mining companies, which can lead to significant monetization opportunities. Additionally, successful exploration efforts can result in the discovery of commercially viable mineral deposits, which can be mined or sold to generate income. The company's earnings are influenced by factors such as mineral market prices, exploration success, and strategic partnerships with other entities in the mining industry.

AJN Resources Inc. Financial Statement Overview

Summary

AJN Resources Inc. is facing substantial financial challenges with no revenue generation and continuous losses impacting its financial health. The negative equity position and high leverage raise concerns about solvency and long-term viability. The company needs to implement significant strategic changes to stabilize and improve its financial performance.

Income Statement

AJN Resources Inc. has consistently reported zero revenue, indicating significant challenges in generating sales. The net income has been persistently negative, reflecting ongoing operational losses. EBIT and EBITDA margins are unavailable due to zero revenues, emphasizing the need for strategic changes to drive revenue growth.

Balance Sheet

The company exhibits a high debt-to-equity ratio due to negative stockholders' equity, indicating financial instability and potential solvency risks. Total liabilities exceed total assets, further highlighting financial distress. Positive cash and short-term investments provide limited liquidity support amidst ongoing losses.

Cash Flow

Negative operating cash flow and free cash flow indicate cash burn and the necessity of external financing. The absence of revenue severely impacts cash generation ability. Financing activities have provided some liquidity, but the reliance on external funding poses a risk if operational improvements are not realized.

Breakdown	TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-30.01K	-29.25K	-8.03K	-7.72K	-7.37K	-1.34K
EBITDA	-2.24M	-4.15M	-1.29M	-1.34M	-872.00K	-2.75M
Net Income	-2.30M	-4.21M	-1.41M	-1.48M	-1.01M	-2.79M
Balance Sheet
Total Assets	1.46M	948.07K	1.83M	1.67M	1.79M	2.74M
Cash, Cash Equivalents and Short-Term Investments	525.77K	320.25K	1.17M	1.24M	1.57M	2.38M
Total Debt	1.26M	1.41M	1.26M	1.18M	1.07M	974.99K
Total Liabilities	1.44M	1.98M	1.81M	1.35M	1.14M	1.08M
Stockholders Equity	16.98K	-1.03M	17.35K	315.11K	642.72K	1.66M
Cash Flow
Free Cash Flow	-2.24M	-3.31M	-1.12M	-1.48M	-781.22K	-2.15M
Operating Cash Flow	-1.79M	-2.81M	-1.11M	-1.47M	-770.47K	-2.06M
Investing Cash Flow	-82.17K	-492.45K	-76.85K	-11.11K	-10.76K	-88.99K
Financing Cash Flow	2.11M	2.45M	1.11M	1.14M	8.60K	3.29M

AJN Resources Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.09
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AJN, the sentiment is Neutral. The current price of 0.09 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.10, and below the 200-day MA of 0.10, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.68 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:AJN.

AJN Resources Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FNV	74 Outperform	C$43.54B	50.38	10.19%	0.92%	-7.22%	―
IMG	74 Outperform	C$5.89B	5.20	28.42%	―	69.19%	417.02%
IMG	74 Outperform	C$5.89B	5.20	28.42%	―	69.19%	417.02%
BTO	74 Outperform	$6.63B	―	-17.61%	2.18%	5.97%	-1677.31%
BTO	74 Outperform	$6.63B	―	-17.61%	2.18%	5.97%	-1677.31%
Sector *	62 Neutral	$10.15B	9.75	-0.17%	2.87%	2.22%	-32.49%
AJN	24 Underperform	C$5.69M	―	-1464.83%	―	―	13.51%

AJN Resources Inc. Corporate Events

AJN Resources Completes Final Tranche of Private Placement Financing

AJN Resources Inc. has completed the final tranche of a non-brokered private placement, raising $124,000 through the issuance of 1,033,333 units. The funds will be used for due diligence, property acquisitions, exploration, and working capital. The company is still in the due diligence phase for the Dabel Gold Project and plans to proceed with a property payment upon satisfactory completion.

AJN Resources Inc. Secures $630,000 in Private Placement Financing

AJN Resources Inc. has successfully closed the first tranche of a non-brokered private placement, raising $630,000 through the issuance of 5,249,998 units. Each unit consists of one common share and one share purchase warrant, with proceeds intended for due diligence, property acquisitions, exploration, and working capital. This financing, led by Palisades Goldcorp Ltd., does not alter the control of the company and aims to bolster AJN’s operational capabilities and strategic positioning in the exploration sector.

AJN Resources Inc. Launches Private Placement with Palisades Goldcorp Lead

AJN Resources Inc. announced a non-brokered private placement offering of units priced at $0.12 each, aiming to raise at least $500,000, with a lead order from Palisades Goldcorp Ltd. The funds will be used for due diligence, property acquisitions, exploration, and working capital. The issuance will not change control of the company, and the securities will have a four-month hold period.