Avidian Gold Corp (AVG) AI Stock Analysis

• Market Cap: C$1.24M
• Dividend Yield: N/A
• Average Volume (3M): 3.52K
• Price to Earnings (P/E): 0.6
• Beta (1Y): 1.00
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): -0.07
• Shares Outstanding: 12,360,716
• 10 Day Avg. Volume: 3,800
• 30 Day Avg. Volume: 3,517
• PEG Ratio: -0.03
• Price to Book (P/B): 0.47
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.38
• Enterprise Value/Market Cap: 0.66
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: 0.38
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Avidian Gold Corp faces significant financial challenges with zero revenue and consistent losses, heavily impacting its overall score. The bearish technical indicators further weigh down the stock's prospects. While the low P/E ratio suggests potential undervaluation, the absence of a dividend yield and the overall weak financial and technical outlook present substantial risks.

Avidian Gold Corp Business Overview & Revenue Model

Company Description

Avidian Gold Corp (AVG) is a mineral exploration company focused on the acquisition, exploration, and development of gold properties in North America. The company's core operations involve identifying and advancing promising gold exploration opportunities, primarily in Alaska and Nevada, to create value through strategic development and potential future production.

How the Company Makes Money

Avidian Gold Corp makes money primarily through the exploration and potential development of gold mining projects. The company generates revenue by increasing the value of its mineral assets through successful exploration and by selling or partnering these assets to larger mining companies. Key revenue streams include agreements with other mining companies, potential joint ventures, and the eventual extraction and sale of gold if a project advances to the production stage. Avidian's ability to raise capital through equity financing is also critical, providing necessary funds for ongoing exploration activities and operations.

Avidian Gold Corp Financial Statement Overview

Summary

Avidian Gold Corp demonstrates significant financial difficulties with zero revenue, continuous losses, and negative cash flows. The company's reliance on external financing and high leverage pose financial risks. Despite attempts to manage liabilities, the overall financial health is weak, indicating a need for strategic operational and financial restructuring to achieve stability and growth.

Income Statement

Avidian Gold Corp has reported zero revenues across multiple years, indicating no sales or operating income. The company consistently incurs significant net losses due to high operational costs with negative EBIT and EBITDA figures. This lack of revenue growth and persistent losses depict a challenging financial performance in the income statement.

Balance Sheet

The balance sheet shows a high level of liabilities compared to assets, with a declining stockholders' equity over time, indicating financial instability. The company has low equity ratios and fluctuating equity levels, suggesting poor financial health and potential risks due to high leverage. Despite some reduction in debt in recent years, overall stability remains weak.

Cash Flow

Avidian Gold Corp experiences negative operating and free cash flows, indicating an inability to generate cash from operations. The company relies heavily on financing activities to sustain operations. The lack of free cash flow growth and negative cash flow to net income ratios underscore cash management challenges and operational inefficiencies.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	-36.05K	-36.45K	-26.04K	-25.03K
	EBIT
-190.16K	-389.63K	-1.41M	-5.96M	-4.68M	-2.58M
	EBITDA
1.55M	-355.56K	-1.37M	-5.39M	-4.65M	-2.55M
	Net Income Common Stockholders
1.49M	-362.82K	-1.74M	-282.33K	-5.51M	-2.75M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
35.06K	73.37K	48.49K	265.03K	5.22M	927.74K
	Total Assets
1.10M	1.11M	1.29M	1.96M	5.52M	1.13M
	Total Debt
207.47K	74.85K	0.00	0.00	0.00	434.08K
	Net Debt
172.41K	1.48K	-48.49K	-265.03K	-5.22M	-493.65K
	Total Liabilities
921.54K	886.00K	721.17K	175.82K	3.21M	775.70K
	Stockholders Equity
173.76K	227.98K	568.21K	1.78M	1.70M	123.58K
Cash Flow		Free Cash Flow
-670.49K	-122.90K	-497.42K	-3.70M	-3.18M	-1.92M
	Operating Cash Flow
-670.49K	-122.90K	-497.42K	-3.70M	-3.15M	-1.92M
	Investing Cash Flow
817.72K	0.00	0.00	-2.14M	-34.00K	0.00
	Financing Cash Flow
-166.72K	147.77K	280.88K	889.58K	7.47M	2.09M

Avidian Gold Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Positive
• 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:AVG, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.10, and below the 200-day MA of 0.12, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.87 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 Positive sentiment for TSE:AVG.

Avidian Gold Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	50 Neutral	$1.97B	-1.14	-21.33%	3.61%	1.59%	-30.68%
FWM	48 Neutral	C$1.14M	―	-81.25%	―	―	-0.33%
MNG	35 Underperform	C$1.01M	―	-16.01%	―	―	35.71%
AVG	34 Underperform	C$1.24M	0.56	137.54%	―	―	―
NVX	32 Underperform	C$1.31M	―	-13.79%	―	―	85.92%