Baru Gold (BARU) AI Stock Analysis

• Market Cap: C$15.04M
• Dividend Yield: N/A
• Average Volume (3M): 309.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.07
• Revenue Growth: N/A
• EPS Growth: 15.25%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 61
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 300,756,000
• 10 Day Avg. Volume: 279,258
• 30 Day Avg. Volume: 309,169
• 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

Baru Gold's overall score is significantly impacted by its weak financial performance and valuation. However, technical indicators and positive corporate events provide some optimism, pointing to potential future improvements if production commences as planned.

Baru Gold Business Overview & Revenue Model

Company Description

Baru Gold Corp. (BARU) is a mineral exploration and development company, primarily focused on gold mining and exploration activities in Indonesia. The company is engaged in the acquisition, exploration, and development of mineral properties, with a particular emphasis on gold prospects. Baru Gold aims to identify, acquire, and advance high-potential gold projects in Indonesia, leveraging the region's rich mineral resources.

How the Company Makes Money

Baru Gold makes money through the exploration and development of gold mining projects. Its primary revenue stream comes from the sale of gold extracted from its mining operations. The company invests in exploration activities to identify promising gold deposits, which are then developed into operational mines. Revenue is generated by extracting gold from these mines and selling it on the open market. Significant partnerships with local stakeholders and compliance with regional mining regulations also play a crucial role in facilitating the company's operations and revenue generation.

Baru Gold Financial Statement Overview

Summary

Baru Gold is facing substantial financial challenges with no revenue generation and consistent losses. The high debt-to-equity ratio and negative cash flows indicate potential solvency risks.

Income Statement

Baru Gold's income statement reveals consistent losses over the years, with zero revenue and substantial negative net income. The company experiences negative gross profit and EBIT margins due to the lack of revenue generation capabilities. This trend highlights a significant challenge in achieving profitability.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio, indicating a leveraged position. Stockholders' equity has been declining, with substantial liabilities compared to assets. This financial structure suggests limited flexibility and potential solvency risks if the trend continues.

Cash Flow

Cash flow analysis shows negative free cash flow and operating cash flow, indicating challenges in covering operational expenses. The company is reliant on external financing to sustain operations, which poses risks if financing becomes less accessible.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	-124.51K	-124.54K	-27.24K	-27.24K
	EBIT
-1.47M	-1.87M	-2.01M	-4.01M	-1.07M
	EBITDA
-1.47M	-2.00M	-1.89M	-4.04M	-1.22M
	Net Income Common Stockholders
-2.30M	-3.28M	-2.30M	-4.07M	-1.93M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
48.33K	38.11K	511.37K	1.93M	566.38K
	Total Assets
9.70M	9.40M	8.20M	6.55M	3.27M
	Total Debt
2.69M	1.95M	1.63M	10.01K	200.08K
	Net Debt
2.65M	1.91M	1.12M	-1.92M	-366.30K
	Total Liabilities
8.41M	6.89M	3.14M	1.43M	2.77M
	Stockholders Equity
1.29M	2.51M	5.06M	5.12M	499.97K
Cash Flow		Free Cash Flow
-595.48K	-734.14K	-4.86M	-4.82M	-837.45K
	Operating Cash Flow
-505.54K	-283.43K	-2.30M	-3.22M	-230.81K
	Investing Cash Flow
-89.94K	-450.71K	-2.56M	-1.59M	-606.64K
	Financing Cash Flow
605.70K	260.88K	3.44M	6.18M	1.34M

Baru Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BARU, the sentiment is Negative. The current price of 0.05 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.05, and above the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.09 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:BARU.

Baru Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	80 Outperform	C$2.95B	19.86	26.82%	―	77.93%	236.93%
OR	70 Outperform	$5.94B	266.64	1.33%	0.81%	6.02%	―
Sector *	49 Neutral	$1.95B	-1.32	-21.23%	3.72%	0.87%	-29.37%
NFG	43 Neutral	C$314.95M	―	-76.48%	―	―	41.94%
BARU	41 Neutral	C$15.04M	―	-207.34%	―	―	15.25%

Baru Gold Corporate Events

Baru Gold Completes First Tranche of Private Placement

Baru Gold Corp has completed the first tranche of its private placement, raising $336,321.88 and issuing over 8 million units. The funds will be used for working capital and land use taxes, with no payments to non-arm’s length parties. The private placement is subject to final exchange approval, and all securities will have a four-month hold period.

Baru Gold Corp Adjusts Private Placement Pricing to Fund Sangihe Project

Baru Gold Corp has announced a re-pricing of its non-brokered private placement to raise up to $1,000,000 through the issuance of 25,000,000 common shares at $0.04 per share. The funds will be used primarily to pay outstanding land use taxes on the Sangihe Gold Project, a necessary step for obtaining an upgrade to Production Operations from the Indonesian Ministry of Energy and Mineral Resources. This move is expected to facilitate future non-dilutive funding opportunities for project development once the upgrade is approved.

Baru Gold Secures $35M Investment for Sangihe Project

Baru Gold Corp has announced a non-binding Letter of Intent for a USD$35,000,000 investment from a Singapore-based family office specializing in mining and real estate. This investment, which would give the investor a 60% equity stake, aims to advance the Sangihe Project into production, pending due diligence and necessary approvals.

Baru Gold Corp. Updates on Management Cease Trade Order Status

Baru Gold Corp. has updated its stakeholders about the status of a Management Cease Trade Order (MCTO) issued by the British Columbia Securities Commission. The order restricts company’s insiders from trading its securities until the filing of the quarterly financial statements for November 2024 is complete. The company has filed its annual financial statements and expects to meet the filing deadline for its quarterly reports, maintaining transparency with bi-weekly updates as required.

Baru Gold Prepares for Production at Sangihe Project with New Resource Estimate

Baru Gold Corp has filed a Technical Report and Mineral Resource Estimate for its Sangihe Gold and Silver Project in preparation for production operations. The report, compliant with National Instrument 43-101 standards, reflects a significant macroeconomic shift, including a more than doubling of gold prices, prompting a redesign of production plans. The resource estimate covers a small fraction of the total project area, indicating modest changes in resource categories since 2017, with 114,000 oz of gold and 1.93 Moz of silver in the ‘indicated’ category and 91,000 oz of gold and 1.08 Moz of silver in the ‘inferred’ category.

Baru Gold Nears Production Approval for Sangihe Project

Baru Gold Corp has submitted the final technical documentation required for transitioning its Sangihe Gold Project in Indonesia from exploration to production operations. The only remaining step for approval is the payment of taxes, after which production can commence, ensuring compliance with Indonesian law and potentially enhancing the company’s operational status and market positioning.

Baru Gold Corp Extends Warrant Expiry Dates to 2025

Baru Gold Corp announced an amendment to the terms of its 13,136,799 outstanding common share purchase warrants. The expiry dates of these warrants, originally set for February and March 2025, will be extended to July and August 2025 with an exercise price of $0.10 per warrant. This amendment is subject to the approval of the TSX Venture Exchange, and none of the warrants are held by insiders. This change reflects the company’s strategic financial management and could influence investor interest by providing extended timeframes for warrant exercise.