Ashley Gold Corp. (ASHL) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 65.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.85
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 54,367,542
• 10 Day Avg. Volume: 63,477
• 30 Day Avg. Volume: 65,469
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: 41 Neutral
• Price Target: ―

The overall score reflects significant financial challenges due to the lack of revenue and persistent losses, which weigh heavily on the company's financial performance. Technical analysis shows moderate short-term positive momentum, but given the absence of earnings and dividends, valuation remains weak. The stability from a strong equity position is a mitigating factor, but the overall outlook remains cautious.

Ashley Gold Corp. Business Overview & Revenue Model

Company Description

Ashley Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. It has an option to acquire a 100% interest in the Ashley gold property that includes 115 mineral claims covering an area of approximately 1,735 hectares located in northeastern Ontario. The company was incorporated in 2020 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Ashley Gold Corp. Financial Statement Overview

Summary

Ashley Gold Corp. is facing significant financial challenges with no revenue and persistent losses affecting profitability and cash flow. The company maintains a strong equity base and has avoided leveraging with debt, which provides some stability. However, the lack of revenue and negative cash flows pose ongoing risks to financial health and sustainability.

Income Statement

Ashley Gold Corp. exhibits no revenue generation over the reported periods, resulting in consistently negative EBIT and net income, indicating operational challenges. The absence of revenue also means there are no meaningful margin metrics to assess profitability.

Balance Sheet

The company shows a relatively strong equity position with no debt, as evidenced by the zero debt-to-equity ratio. However, the continuous losses impact the stockholders' equity negatively over time. Despite this, the equity ratio remains healthy, suggesting some stability in asset financing.

Cash Flow

Cash flow analysis reveals significant negative free cash flow, indicative of high capital outflows not covered by operations. Operating cash flow is consistently negative, which is a concern for sustainability. However, the company has managed to raise financing to cover these deficits.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00
EBITDA	-360.00	-475.11K	0.00	0.00	0.00
Net Income	-754.00	―	-293.07K	-215.51K	―
Balance Sheet
Total Assets	538.28K	589.37K	990.48K	474.08K	197.56K
Cash, Cash Equivalents and Short-Term Investments	17.10K	22.17K	263.32K	93.75K	1.99K
Total Debt	0.00	20.37K	0.00	0.00	0.00
Total Liabilities	132.77K	147.59K	38.28K	34.66K	210.05K
Stockholders Equity	405.51K	441.78K	952.20K	439.42K	-12.49K
Cash Flow
Free Cash Flow	-547.07K	-956.80K	-600.51K	-243.07K	―
Operating Cash Flow	-450.58K	-677.92K	-335.56K	-122.73K	―
Investing Cash Flow	-254.50K	-278.88K	-264.94K	-120.34K	―
Financing Cash Flow	700.02K	715.65K	770.08K	334.83K	―

Ashley Gold Corp. Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ASHL, the sentiment is Neutral. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.39 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:ASHL.

Ashley Gold Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AEM	83 Outperform	$92.12B	22.27	13.92%	1.22%	36.19%	392.37%
WDO	78 Outperform	C$2.49B	10.10	39.89%	―	81.12%	514.82%
OR	68 Neutral	C$7.93B	72.11	6.27%	0.64%	18.24%	―
Sector *	44 Neutral	C$925.84M	-8.85	-0.23%	2.68%	24.44%	-41.96%
ASHL	41 Neutral		―	-81.50%	―	―	―
GLD	34 Underperform	C$2.82M	―	-125.90%	―	―	93.09%

Ashley Gold Corp. Corporate Events

Ashley Gold Corp. Heralds 2024 Successes and Sets 2025 Objectives

Ashley Gold Corp. announced its accomplishments for 2024 and outlined objectives for 2025, emphasizing significant progress in exploration activities and resource expansion despite challenging market conditions. The company is set to commence a Maiden drill program at the Burnthut Project and has made strategic acquisitions and uncovered high-grade gold mineralization, bolstering its position for continued success and shareholder value in the upcoming year.

Ashley Gold Receives Ontario Grant for Drilling

Ashley Gold Corp. has received a grant from the Ontario Junior Exploration Program to fund half of the estimated drilling costs for its Burnthut Program, amounting to $83,175. This financial support allows the company to proceed with testing high-grade discoveries while minimizing shareholder dilution. Drilling is expected to start by mid-January.

Ashley Gold Corp. Completes Initial Financing Tranche

Ashley Gold Corp. has successfully closed the first tranche of its financing, raising $147,724.96 to support exploration efforts at their Howie and Burnthut projects. The funds will be used for Canadian Exploration Expenses and general working capital as the company prepares for further drilling and data interpretation.