1911 Gold (AUMB) AI Stock Analysis

• Market Cap: C$40.02M
• Dividend Yield: N/A
• Average Volume (3M): 362.96K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.82
• Revenue Growth: -100.00%
• EPS Growth: -21.05%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Gold
• EPS (TTM): -0.03
• Shares Outstanding: 195,197,650
• 10 Day Avg. Volume: 438,579
• 30 Day Avg. Volume: 362,959
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 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

1911 Gold's overall stock score reflects significant financial difficulties, with declining revenues and negative cash flows posing major challenges. The technical analysis suggests potential for positive momentum, while recent corporate events provide hopeful prospects for future growth. However, valuation remains unattractive due to persistent profitability issues.

1911 Gold Business Overview & Revenue Model

Company Description

1911 Gold (AUMB) is a Canadian-based mining company focused on the exploration, development, and production of gold resources. Operating primarily in Canada, the company is engaged in the acquisition and advancement of gold projects. 1911 Gold is dedicated to maximizing shareholder value through strategic exploration and responsible mining practices, with a focus on sustainable and efficient operations.

How the Company Makes Money

1911 Gold makes money through the exploration and development of gold mining projects, which involves the extraction and sale of gold. The company's revenue model is primarily based on the production and sale of gold extracted from its mining operations. Key revenue streams include the sale of gold bullion and gold concentrates. The company's earnings are influenced by factors such as gold market prices, production efficiency, and operational costs. Additionally, 1911 Gold may engage in strategic partnerships and joint ventures to enhance its operational capabilities and expand its resource base, which can contribute to its revenue generation.

1911 Gold Financial Statement Overview

Summary

1911 Gold faces significant financial challenges with declining revenues, persistent losses, and negative cash flows. Despite a strong balance sheet with no debt, operational inefficiencies and a reliance on external financing raise concerns.

Income Statement

1911 Gold's revenue has declined significantly from 2019 to TTM, indicating challenges in generating sales. The gross profit margin is negative, showing a lack of profitability at the operational level. Net income has also been negative across the years, with a worsening trend, suggesting persistent losses. EBIT and EBITDA margins are strongly negative, reflecting operational inefficiencies and high fixed costs, which are concerning for future sustainability.

Balance Sheet

The company maintains a strong equity base with zero debt, as reflected in the debt-to-equity ratio of 0. This indicates financial stability and less risk of insolvency. The equity ratio is strong, ensuring the company has a solid buffer against liabilities. However, the lack of income generation is a concern for long-term value creation despite a healthy balance sheet.

Cash Flow

Operating cash flow is negative and deteriorating, indicating struggles in cash generation from core operations. Free cash flow has been consistently negative, underscoring challenges in covering capital expenditures and financing needs. The company relies heavily on external financing, which might not be sustainable in the long term, emphasizing potential liquidity risks.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
731.00K	5.88M	9.67M	10.77M	12.28M
	Gross Profit
325.00K	-3.40M	-4.69M	-509.00K	-4.53M
	EBIT
-6.13M	-13.29M	-11.09M	-7.08M	-8.57M
	EBITDA
-1.42M	-10.37M	-9.90M	-4.34M	-5.18M
	Net Income Common Stockholders
-2.01M	-11.39M	-8.76M	-6.10M	-7.83M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.17M	665.00K	10.17M	10.03M	9.63M
	Total Assets
35.56M	34.16M	45.60M	47.62M	48.38M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-3.10M	-630.00K	-9.95M	-10.03M	-9.63M
	Total Liabilities
5.04M	5.98M	6.32M	5.97M	4.82M
	Stockholders Equity
30.52M	28.19M	39.28M	41.65M	43.56M
Cash Flow		Free Cash Flow
-2.56M	-9.32M	-7.65M	-4.47M	-3.63M
	Operating Cash Flow
-2.56M	-9.29M	-7.29M	-4.35M	-2.93M
	Investing Cash Flow
1.16M	-37.00K	-473.00K	-121.00K	2.46M
	Financing Cash Flow
3.87M	0.00	7.69M	4.87M	4.13M

1911 Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.20
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AUMB, the sentiment is Negative. The current price of 0.2 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.22, and above the 200-day MA of 0.18, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.54 is Neutral, neither overbought nor oversold. The STOCH value of 21.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:AUMB.

1911 Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	81 Outperform	C$2.95B	19.06	26.82%	―	77.93%	236.93%
CXB	67 Neutral	C$2.57B	51.45	4.55%	―	6.13%	-76.71%
BTO	66 Neutral	$5.90B	―	-18.54%	4.70%	-0.18%	-2195.85%
Sector *	49 Neutral	$1.95B	-1.37	-21.43%	3.74%	0.84%	-29.84%
MAU	48 Neutral	C$1.29B	―	-54.21%	―	―	-66.54%
PRB	47 Neutral	C$415.16M	―	-109.44%	―	―	10.27%
AUMB	47 Neutral	C$40.02M	―	-14.84%	―	-100.00%	-21.05%

1911 Gold Corporate Events

1911 Gold Reports Promising Drill Results at True North Project

1911 Gold Corporation announced significant assay results from its ongoing surface drill program at the San Antonio West target within the True North Project. The drilling has confirmed the extension of gold mineralization, indicating potential for future underground mining and enhancing the company’s operational prospects. These results may strengthen 1911 Gold’s position in the mining industry by expanding its resource base and opening new opportunities for development.

Spark’s Take on TSE:AUMB Stock

According to Spark, TipRanks’ AI Analyst, TSE:AUMB is a Neutral.

1911 Gold’s overall stock score reflects significant financial difficulties, marked by declining revenues and negative cash flows, despite a strong balance sheet. Technical indicators suggest potential for positive momentum, but the valuation remains unattractive due to profitability issues. Recent positive corporate events involving promising drilling results and growth strategies offer some potential upside.

To see Spark’s full report on TSE:AUMB stock, click here.

1911 Gold Advances True North Mine Operations with New Grant and Strategic Developments

1911 Gold Corporation has successfully re-entered the True North Mine, completing the re-commissioning of the hoist system in the A Shaft, which enables access to deeper levels for exploration and development. The company received a $286,000 grant from the Manitoba Mineral Development Fund to support its 2025 drill program, which aims to expand resources and improve mine operations, positioning 1911 Gold for significant growth in its underground mining strategy.

Spark’s Take on TSE:AUMB Stock

According to Spark, TipRanks’ AI Analyst, TSE:AUMB is a Neutral.

1911 Gold’s overall stock score reflects significant financial difficulties, marked by declining revenues and negative cash flows, despite a strong balance sheet. Technical indicators show a potential oversold condition, but valuation remains unattractive due to profitability issues. Recent positive corporate events involving promising drilling results and growth strategies offer some potential upside.

To see Spark’s full report on TSE:AUMB stock, click here.

1911 Gold Expands Gold Mineralization at True North Project

1911 Gold Corporation announced promising assay results from its ongoing surface drill program at the San Antonio Southeast target within the True North Project. The drilling has expanded the near-surface gold mineralization, confirming the presence of a parallel vein system similar to the San Antonio Mine. This discovery enhances the potential for additional stacked systems, which could significantly impact the company’s operations and industry positioning by increasing its gold resources.

1911 Gold Reports Promising Drilling Results at True North Project

1911 Gold Corporation announced significant assay results from its drilling program at the True North Project, revealing promising gold mineralization at the San Antonio Southeast target. The results confirm the extension of gold mineralization within the San Antonio mafic unit, suggesting a large target zone between near-surface and deeper mineral resources, which could enhance the company’s resource base and attract further investment.

1911 Gold Reports Positive Drilling Results at True North Project

1911 Gold Corporation has announced promising assay results from its ongoing drilling program at the True North Project on its Rice Lake Gold property in Manitoba, highlighting the potential for significant gold mineralization at the San Antonio West and Hinge East targets. The results indicate a promising extension of gold-bearing quartz veins, suggesting potential for a parallel vein structure and near-surface mineralization, prompting the company to expand its drilling efforts with a second drill rig to further explore these targets.