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Golden Sky Minerals (TSE:AUEN)
:AUEN
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Golden Sky Minerals (AUEN) AI Stock Analysis

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TSE:AUEN

Golden Sky Minerals

(OTC:AUEN)

Rating:34Underperform
Price Target:
Golden Sky Minerals faces major challenges with no revenue, persistent losses, and negative cash flow, which significantly affect its overall score. The bearish technical indicators and poor valuation further contribute to a low score, suggesting substantial risks for investors.

Golden Sky Minerals (AUEN) vs. iShares MSCI Canada ETF (EWC)

Golden Sky Minerals Business Overview & Revenue Model

Company DescriptionGolden Sky Minerals Corp. operates as a mineral exploration company in Canada. The company engages in acquisition, development, exploration, and evaluation of mineral properties. It primarily explores for gold deposits. The company holds 100% interest in the Lucky Strike property located in Yukon, Canada; the BRC property located in Yukon, Canada; and the Gold Source property located in southwest of Dawson, Yukon. It also holds 100% interest in the Hot Spot Property located in south of Dawson, Yukon; the King's Ransom Property; the Bull's Eye Property located in south of Dawson, Yukon; the Rayfield Property located in British Columbia, Canada; and the Eagle Mountain gold property that covers an area of approximately 10,000 hectares located in the Cassiar District of British Columbia. The company was formerly known as Luckystrike Resources Ltd. and changed its name to Golden Sky Minerals Corp. in February 2020. Golden Sky Minerals Corp. was incorporated in 2018 and is headquartered in Vancouver, Canada.
How the Company Makes MoneyGolden Sky Minerals makes money primarily through its mineral exploration activities. The company generates revenue by discovering and developing gold resources that can be sold or partnered with larger mining companies. The revenue streams include the sale of discovered mineral rights, joint ventures or partnerships with other mining companies, and potentially the direct extraction and sale of gold if the company transitions into production. Key factors contributing to its earnings include successful exploration results, strategic acquisitions of promising properties, and favorable market conditions for precious metals.

Golden Sky Minerals Financial Statement Overview

Summary
Golden Sky Minerals is struggling with persistent losses, no revenue, and negative cash flow, which pose significant financial challenges. While the company benefits from having no debt, the reliance on external financing and continuous depletion of cash reserves represent major risks to long-term viability.
Income Statement
20
Very Negative
Golden Sky Minerals shows consistent losses with no revenue generation, as evidenced by negative EBIT and net income across all periods. The lack of revenue growth and substantial net losses indicate significant financial challenges in achieving profitability.
Balance Sheet
40
Negative
The company maintains a solid equity base with zero debt, resulting in a favorable debt-to-equity ratio. However, declining total assets and equity over recent years suggest potential liquidity issues and limited ability to fund future growth.
Cash Flow
15
Very Negative
Golden Sky Minerals faces negative operating and free cash flows, indicating poor cash generation capability. The company relies on external financing, which poses risks for future sustainability if cash burn continues without revenue.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit0.00-580.00-419.00-905.00-2.86K
EBITDA-398.00K-472.00K-819.00K-408.00K-516.94K
Net Income-2.58M-11.16M-779.00K-257.00K-469.38K
Balance Sheet
Total Assets1.22M3.76M16.21M16.70M13.86M
Cash, Cash Equivalents and Short-Term Investments348.42K936.28K2.11M3.43M2.33M
Total Debt0.000.000.000.000.00
Total Liabilities71.05K56.03K269.51K352.67K253.65K
Stockholders Equity1.14M3.70M15.94M16.34M13.61M
Cash Flow
Free Cash Flow-587.86K-819.45K-1.32M-2.35M-723.42K
Operating Cash Flow-377.18K-488.90K-556.55K-485.01K-308.87K
Investing Cash Flow-210.68K-685.55K-759.49K-1.86M-414.55K
Financing Cash Flow0.000.000.003.44M924.27K

Golden Sky Minerals Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.36
Price Trends
50DMA
0.24
Positive
100DMA
0.17
Positive
200DMA
0.13
Positive
Market Momentum
MACD
0.02
Positive
RSI
59.28
Neutral
STOCH
58.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AUEN, the sentiment is Positive. The current price of 0.36 is below the 20-day moving average (MA) of 0.37, above the 50-day MA of 0.24, and above the 200-day MA of 0.13, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 59.28 is Neutral, neither overbought nor oversold. The STOCH value of 58.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:AUEN.

Golden Sky Minerals Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.07B6.270.59%3.01%2.91%-45.05%
39
Underperform
C$1.91M-93.94%80.21%
34
Underperform
C$1.24M-94.18%-250.41%
34
Underperform
$6.31M-108.76%76.76%
33
Underperform
C$1.29M-78.36%30.30%
C$4.63M0.12-93.53%
25
Underperform
C$4.32M-262.52%75.05%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:AUEN
Golden Sky Minerals
0.33
0.21
164.00%
TSE:EMR
Emergent Metals Corp
0.02
-0.03
-60.00%
TSE:WINS
Winshear Gold
0.10
-0.02
-16.67%
TSE:GSRI
Golden Shield Resources Inc.
0.32
-0.28
-46.67%
TSE:ELEM
Element79 Gold Corp.
0.04
-0.09
-69.23%
TSE:LP
Leopard Lake Gold Corp.
0.02
-0.02
-50.00%

Golden Sky Minerals Corporate Events

Golden Sky Minerals Reports Promising Copper Grades at Rayfield Property
Jan 13, 2025

Golden Sky Minerals Corp. has announced promising results from its 2024 geochemical rock sampling program at the Rayfield property in British Columbia, revealing copper grades up to 0.51% and gold levels of 79 ppb. The findings indicate potential for a significant porphyry system, which could enhance the company’s standing in the copper and gold mining sector, and provide valuable insights for stakeholders regarding the future development of the Rayfield property.

Golden Sky Minerals Boosts Market Presence with New Campaign
Dec 3, 2024

Golden Sky Minerals Corp. has partnered with Capitaliz, a digital marketing firm, to enhance its corporate profile and global market awareness through a comprehensive three-month marketing campaign. This collaboration will utilize multiple channels, including social media and influencer outreach, to strengthen Golden Sky’s presence in international markets.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 14, 2025