Alerio Gold Corp (ALE) AI Stock Analysis

• Market Cap: C$2.02M
• Dividend Yield: N/A
• Average Volume (3M): 66.61K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.02
• Revenue Growth: N/A
• EPS Growth: -1857.30%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.17
• Shares Outstanding: 101,230,830
• 10 Day Avg. Volume: 77,075
• 30 Day Avg. Volume: 66,610
• PEG Ratio: N/A
• Price to Book (P/B): -1.91
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -14.96
• 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: 25 Underperform
• Price Target: ―

Alerio Gold Corp's overall stock score is heavily impacted by its poor financial performance, characterized by a lack of revenue, negative equity, and persistent cash outflows. While technical indicators show some potential upward momentum, the negative valuation metrics, particularly the negative P/E ratio, highlight significant risks. The company needs strategic restructuring to improve its financial health.

Alerio Gold Corp Business Overview & Revenue Model

Company Description

Alerio Gold Corp (ALE) is a mining company primarily engaged in the exploration, development, and production of gold resources. The company operates within the natural resources sector, focusing on identifying and advancing high-potential gold mining projects. Alerio Gold Corp aims to enhance shareholder value through strategic exploration and efficient mining operations, leveraging its expertise in geological assessment and project management.

How the Company Makes Money

Alerio Gold Corp makes money by exploring and developing gold mining projects, which involves identifying gold-rich sites, extracting gold ore, and processing it to produce gold bars or other gold products for sale. The company's revenue streams include the sale of extracted gold to refineries or directly to the market, as well as potential joint ventures or partnerships with other mining companies to develop large-scale projects. Additionally, Alerio Gold Corp may enter into royalty agreements or streaming deals, providing upfront capital in exchange for a percentage of future gold production, further contributing to its earnings.

Alerio Gold Corp Financial Statement Overview

Summary

Alerio Gold Corp faces significant financial challenges with no revenue generation, escalating net losses, and a concerning balance sheet marked by negative equity. The persistent cash outflows highlight operational inefficiencies and reliance on external financing. The company's financial health is precarious, emphasizing the need for strategic restructuring and potential capital infusion to achieve stability.

Income Statement

Alerio Gold Corp has reported zero revenue over multiple periods, indicating a lack of operational income. The company consistently reports negative EBIT and net income, highlighting ongoing profitability issues. The absence of revenue growth, along with increasing net losses, reflects a challenging financial position.

Balance Sheet

The company's balance sheet reveals a highly leveraged position with negative stockholders' equity in the TTM period. The debt-to-equity ratio is not calculable due to negative equity, which poses a significant risk. The negative equity ratio in the latest period is concerning, indicating potential financial instability.

Cash Flow

Alerio Gold Corp's cash flow statement shows persistent negative operating and free cash flows, indicating ongoing operational cash burn. The company relies on financing activities to sustain operations. The operating cash flow to net income ratio is negative, reflecting ineffective cash management and operational inefficiencies.

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
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-131.02K	-248.45K	-764.95K	-1.04M	-812.67K	-380.83K
	EBITDA
-16.37M	-16.45M	-14.49K	-1.04M	-812.67K	-380.83K
	Net Income Common Stockholders
-16.44M	-16.46M	-923.13K	-1.04M	-1.12M	-389.39K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.04K	3.08K	17.00	6.50K	1.20M	597.96K
	Total Assets
3.19K	3.08K	16.23M	16.11M	1.20M	633.35K
	Total Debt
412.38K	377.70K	240.00K	0.00	0.00	0.00
	Net Debt
409.34K	374.62K	239.98K	-6.50K	-1.20M	-597.96K
	Total Liabilities
1.33M	1.31M	1.07M	173.24K	110.15K	24.01K
	Stockholders Equity
-1.33M	-1.31M	15.16M	15.94M	1.09M	609.34K
Cash Flow		Free Cash Flow
-169.15K	-134.63K	-206.49K	-2.03M	-770.28K	-174.81K
	Operating Cash Flow
-169.15K	-134.63K	-206.49K	-1.07M	-770.28K	-174.81K
	Investing Cash Flow
0.00	0.00	0.00	-959.09K	0.00	0.00
	Financing Cash Flow
114.68K	137.70K	200.00K	834.63K	1.37M	601.43K

Alerio Gold Corp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.02
• 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 TSE:ALE, the sentiment is Neutral. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.71 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:ALE.

Alerio Gold Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NGD	72 Outperform	$4.52B	25.51	14.62%	―	23.61%	―
BTO	70 Outperform	$5.90B	―	-17.61%	4.38%	5.97%	-1677.31%
RIO	50 Neutral	C$450.42M	―	-0.28%	―	―	83.41%
Sector *	50 Neutral	$2.00B	-1.02	-21.34%	3.70%	2.00%	-30.65%
GQC	50 Neutral	C$164.82M	―	-21.59%	―	―	―
ALE	25 Underperform	C$2.02M	―	-243.89%	―	―	-1857.30%

Alerio Gold Corp Corporate Events

Alerio Gold Corp Announces Strategic Board Changes

Alerio Gold Corp has announced significant changes to its board of directors, with Will Rascan appointed as interim CEO and Ioannis Tsitos joining as a new director. These changes follow the resignation of Allan Fabbro as CEO and director. Rascan brings over 30 years of capital markets experience and a history of value creation and innovation, while Tsitos offers over 35 years in the mining industry with expertise in exploration agreements and anti-corruption policies. The appointments are expected to bolster Alerio’s strategic direction in the gold exploration and development sector.