Big Ridge Gold (BRAU) AI Stock Analysis

• Market Cap: C$76.78M
• Dividend Yield: N/A
• Average Volume (3M): 400.11K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.19
• Revenue Growth: N/A
• EPS Growth: 60.96%
• Country: CA
• Employees: 2
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 279,384,460
• 10 Day Avg. Volume: 455,725
• 30 Day Avg. Volume: 400,109
• PEG Ratio: 0.00
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: C$0.31 ▲(72.78% Upside)

The score is primarily constrained by weak financial performance (no revenue, ongoing losses, and continued cash burn), partially offset by a low-debt balance sheet with positive equity. Technicals are a key support, with strong upward trend and positive MACD, though momentum appears stretched (RSI > 70). Valuation is also pressured because the company is loss-making and provides no dividend yield.

Positive Factors

Low debt and positive equity

A lightly levered balance sheet with positive equity reduces solvency risk and gives the company structural optionality to finance exploration or absorb shocks without immediate distress. This supports multi-month operational runway and strategic flexibility.

Narrowing historical losses

A sustained reduction in annual losses indicates improving cost control and tighter spending discipline. Over a 2–3 year horizon, this trend can materially lower future financing needs and improves the pathway to breakeven as exploration converts to monetizable assets.

Lean operating footprint

An extremely small headcount suggests low fixed overhead and higher capital efficiency for an exploration-stage miner. Structurally, a lean organization reduces cash burn, allowing capital to be focused on drilling and asset advancement rather than sustaining large G&A costs.

Negative Factors

Pre-revenue business model

Being pre-revenue with material recurring losses leaves the company dependent on external funding and unproven commercial economics. Over several months, this limits visibility on sustainable profitability and heightens execution risk until revenue-generating assets are developed.

Negative operating cash flow

Persistent negative OCF/FCF forces reliance on equity or asset financings to sustain operations. Structurally, ongoing cash burn increases dilution risk, reduces strategic optionality, and can delay project timelines if fresh capital is constrained or costly to obtain.

Historical capital destruction (negative ROE)

A deeply negative ROE and volatile equity base indicate past capital destruction and weak value creation. Over the medium term this undermines investor confidence, raises cost of capital, and can limit access to favorable funding needed for long-term exploration and development.

Big Ridge Gold Business Overview & Revenue Model

Company Description

Big Ridge Gold (BRAU) is a mining company primarily engaged in the exploration and development of gold properties in Canada. The company focuses on identifying, acquiring, and advancing mineral properties with significant potential for gold production. Big Ridge Gold's core services include geological exploration, mine development, and gold extraction, positioning itself within the metals and mining sector.

How the Company Makes Money

Big Ridge Gold makes money through the discovery, extraction, and sale of gold from its mining operations. The company's revenue model is primarily based on the sale of gold extracted from its properties. Key revenue streams include the sale of gold to refineries and traders, who then distribute the product to various markets, including jewelry manufacturers, technology companies, and investors. The company may also engage in joint ventures and partnerships to enhance its exploration and production capabilities, which can contribute to its earnings by sharing costs and risks associated with mining operations.

Big Ridge Gold Financial Statement Overview

Summary

Big Ridge Gold faces significant financial challenges, characterized by no revenue generation and persistent losses. While the balance sheet shows low leverage, the absence of revenue and negative cash flows put pressure on the company's liquidity and long-term viability.

Income Statement

Big Ridge Gold has consistently reported no revenue, reflecting its developmental stage or financial struggles. The gross profit margin is non-existent, and net income remains negative, indicating ongoing operational challenges. EBIT and EBITDA are also negative, highlighting operational inefficiencies and potential liquidity issues.

Balance Sheet

The company maintains a solid equity base with a high equity ratio, but the lack of revenue and recurring losses are concerning. The debt-to-equity ratio is low, which shows low leverage, but the overall financial stability is questionable given the consistent net losses.

Cash Flow

Operating cash flow is negative, indicating cash burn. Although financing activities provide some cash inflow, free cash flow remains negative, suggesting that the company is struggling to generate cash internally. This raises sustainability concerns.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-106.30K	-119.97K	-139.00K	-87.69K	-56.65K	-1.46K
EBITDA	-1.99M	-2.04M	-4.56M	-3.41M	-12.56M	-405.54K
Net Income	-2.14M	-2.32M	-4.81M	-3.68M	-12.72M	-913.00K
Balance Sheet
Total Assets	11.68M	6.17M	6.48M	5.43M	6.23M	12.95M
Cash, Cash Equivalents and Short-Term Investments	1.36M	211.68K	383.01K	95.88K	2.07M	8.83M
Total Debt	0.00	0.00	40.91K	0.00	0.00	0.00
Total Liabilities	986.91K	899.36K	513.00K	641.73K	2.23M	185.30K
Stockholders Equity	10.69M	5.27M	5.96M	4.79M	4.00M	12.77M
Cash Flow
Free Cash Flow	-1.77M	-1.55M	-3.49M	-4.41M	-9.89M	-926.72K
Operating Cash Flow	-1.77M	-1.52M	-3.47M	-4.40M	-9.32M	-925.26K
Investing Cash Flow	-3.00M	-24.08K	-10.20K	196.74K	-566.07K	-40.59K
Financing Cash Flow	4.91M	1.38M	3.77M	2.32M	3.57M	9.12M

Big Ridge Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BRAU, the sentiment is Positive. The current price of 0.18 is below the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.21, and above the 200-day MA of 0.15, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 62.41 is Neutral, neither overbought nor oversold. The STOCH value of 75.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BRAU.

Big Ridge Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
BRAU	54 Neutral	C$76.78M	-30.90	-24.87%	―	―	60.96%
ANK	51 Neutral	C$66.61M	-16.02	-351.37%	―	―	-379.07%
IVS	50 Neutral	C$57.16M	-18.71	-3699.15%	―	―	-2000.00%
RYR	50 Neutral	C$54.47M	-9.32	-71.61%	―	―	53.78%
GPG	43 Neutral	C$62.23M	-52.56	-4.42%	―	―	7.14%
ROS	39 Underperform	$72.35M	-25.38	―	―	―	22.62%

Big Ridge Gold Corporate Events

Big Ridge Gold Wins Shareholder Backing for Directors and Amended Stock Option Plan

Big Ridge Gold Corp. reported that shareholders approved all resolutions at its annual and special meeting on December 23, 2025, including the re-election of its five directors, the reappointment of its auditor, and the adoption of an amended and restated share option plan. The updated rolling stock option plan, which reserves up to 10% of the company’s outstanding shares for equity-based incentives and aligns with TSX Venture Exchange policy, is intended to support director, officer, employee and consultant compensation, pending final exchange approval, reinforcing Big Ridge’s ability to attract and retain talent as it advances its Canadian gold projects.

Big Ridge Gold Advances Hope Brook and Destiny Projects

Big Ridge Gold Corp has consolidated 100% ownership of the Hope Brook Gold Project and is conducting a Preliminary Economic Assessment, expecting positive outcomes due to the project’s high-grade resources and strategic location. Additionally, the company is producing high-quality copper-gold concentrate samples for potential marketing and offtake agreements, while its partner Caprock Mining has initiated a Phase I drill program at the Destiny Gold Project, targeting high-grade mineralization.