Bravada Gold (BVA) AI Stock Analysis

• Market Cap: C$11.97M
• Dividend Yield: N/A
• Average Volume (3M): 350.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.22
• Revenue Growth: N/A
• EPS Growth: 30.00%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 184,090,650
• 10 Day Avg. Volume: 244,273
• 30 Day Avg. Volume: 350,703
• 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: 47 Neutral
• Price Target: C$0.05 ▼(-10.00% Downside)

The score is held down primarily by weak financial performance (no revenue, ongoing losses, and consistent cash burn), despite the benefit of zero debt. Technicals are supportive with the price above major moving averages and a positive MACD, but extremely overbought RSI/Stoch readings add near-term risk. Valuation offers limited support due to negative earnings and no dividend data.

Positive Factors

Regulatory Support

The U.S. Executive Order prioritizing mining projects offers regulatory support that can enhance project economics and extend mine life, providing a strategic advantage for Bravada Gold's Wind Mountain project.

Strategic Partnerships

Bravada Gold's business model relies on strategic partnerships and joint ventures, which can provide necessary funding and risk-sharing, crucial for advancing exploration projects and ensuring long-term growth.

Debt-Free Position

Operating without debt reduces interest obligations and financial risk, allowing Bravada Gold to focus resources on exploration and development, potentially improving long-term financial stability.

Negative Factors

Negative Cash Flow

Persistent negative cash flow indicates challenges in generating cash from core activities, which can hinder operational sustainability and necessitate reliance on external financing.

No Revenue Generation

The absence of revenue generation highlights operational challenges and limits the company's ability to cover expenses, affecting its long-term viability and growth prospects.

Negative Equity Position

A negative equity position suggests financial instability, raising concerns about solvency and the ability to sustain operations without significant financial restructuring or capital infusion.

Bravada Gold Business Overview & Revenue Model

Company Description

Bravada Gold Corporation engages in the acquisition, exploration, and development of precious metal properties in the United States and Canada. The company explores for gold, silver, and other metals. It holds 10 exploration and development properties with 810 claims covering an area of approximately 6,500 hectares. The company also owns the Drayton project, an Archaean gold property located in Ontario, Canada. Bravada Gold Corporation was incorporated in 2009 and is based in Vancouver, Canada.

How the Company Makes Money

Bravada Gold Corporation generates revenue primarily through the exploration and potential development of mineral properties. The company seeks to identify and acquire promising gold exploration sites, conduct exploration activities to assess the mineral potential, and subsequently sell or joint venture the properties to larger mining companies. Revenue can be generated through the sale of properties, joint venture agreements, which often include upfront payments, milestone-based payments, and royalties on future production. Strategic partnerships with other mining companies or investors also play a crucial role in providing funding and sharing the risk associated with exploration activities.

Bravada Gold Financial Statement Overview

Summary

Bravada Gold is facing severe financial challenges with no revenue generation, persistent losses, and a negative equity position. While the absence of debt reduces interest obligations, the company's high liabilities and negative cash flows raise significant concerns about its financial sustainability and operational viability.

Income Statement

The company has not generated any revenue across both annual and TTM periods, indicating a lack of operational income. This has resulted in consistent net losses, with the most recent TTM showing a net income of -386,467. Margins are not calculable due to zero revenue, further highlighting the absence of profitability.

Balance Sheet

The balance sheet reveals significant financial instability, characterized by negative stockholders' equity, indicating liabilities exceed assets. This is a potential red flag for solvency. The company has no debt, but the negative equity and high liabilities are concerning. The equity ratio is negative, reflecting a weak financial position.

Cash Flow

Cash flows are negative across the board, with free cash flow remaining significantly negative at -410,234 in the TTM period. Operating cash flow is also negative, indicating challenges in generating cash from core activities. Although financing activities have provided some cash inflows, the reliance on external financing is unsustainable long-term without operational improvements.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-5.48K	0.00	0.00	0.00	0.00
EBITDA	-382.11K	-298.00	-764.00K	-1.33M	-1.31M
Net Income	-387.59K	-506.00	-902.00K	-1.43M	-1.59M
Balance Sheet
Total Assets	1.70M	692.17K	447.92K	1.35M	395.50K
Cash, Cash Equivalents and Short-Term Investments	1.12M	201.65K	7.54K	997.07K	119.81K
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.30M	949.00K	761.47K	792.52K	650.29K
Stockholders Equity	397.93K	-256.82K	-313.55K	561.49K	-254.79K
Cash Flow
Free Cash Flow	-209.36K	-451.55K	-1.01M	-1.12M	-1.51M
Operating Cash Flow	-119.56K	-451.55K	-792.87K	-957.76K	-1.35M
Investing Cash Flow	-69.89K	50.56K	-212.24K	-158.83K	58.66K
Financing Cash Flow	1.08M	595.10K	27.25K	1.98M	682.73K

Bravada Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BVA, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 89.99 is Negative, neither overbought nor oversold. The STOCH value of 80.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BVA.

Bravada 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%
NWX	52 Neutral	C$8.97M	26.67	22.23%	―	―	-78.57%
TERA	50 Neutral	C$8.09M	-6.73	-32.84%	―	―	48.00%
BVA	47 Neutral	C$11.97M	-21.43	―	―	―	30.00%
MUR	47 Neutral	C$8.52M	-5.17	-121.94%	―	―	55.15%
ORS	44 Neutral	C$6.28M	-9.30	-12.84%	―	―	-255.56%

Bravada Gold Corporate Events

Bravada Gold Upsizes Private Placement to Fund Wind Mountain Pre-Feasibility Study

Bravada Gold Corporation has increased the size of its previously announced non-brokered private placement, now planning to issue up to 40 million units at $0.04 per unit to raise gross proceeds of up to $1.6 million, with each unit comprising one common share and a three-year warrant exercisable at $0.05, and with an additional 10% over-allotment option. The company intends to allocate most of the net proceeds to advancing a pre-feasibility study for its Wind Mountain gold-silver deposit in northwest Nevada, with the remainder earmarked for land-holding costs and general working capital, signaling a push to de-risk and advance its flagship project while reinforcing its position in the Nevada precious metals sector, subject to TSX Venture Exchange approval and standard hold periods on the new securities.

The most recent analyst rating on (TSE:BVA) stock is a Hold with a C$0.04 price target. To see the full list of analyst forecasts on Bravada Gold stock, see the TSE:BVA Stock Forecast page.

Bravada Gold Seeks Up to $1 Million to Advance Wind Mountain Pre-Feasibility Study

Bravada Gold Corporation plans to raise up to $1 million through a non-brokered private placement of up to 25 million units at $0.04 each, with each unit comprising one common share and a warrant exercisable at $0.05 for three years, and an option to increase the size by 10%. The company intends to allocate roughly 60% of the net proceeds to a pre-feasibility study of its Wind Mountain gold-silver deposit in northwest Nevada, with the balance directed to land-holding fees and general working capital, signaling a push to advance Wind Mountain toward potential development while maintaining its broader Nevada exploration portfolio; the financing remains subject to TSX Venture Exchange approval and all securities will be subject to a four-month hold period.

Bravada Gold Extends Wind Mountain Project’s Resource and Mine Life

Bravada Gold Corporation has filed a technical report updating the in-pit gold and silver resources for its Wind Mountain Project in Nevada. The report indicates significant increases in both indicated and inferred resources, with gold resources up by 15% and 292%, and silver resources up by 20% and 490%, respectively. This update, part of an ongoing Pre-Feasibility Study, suggests a potential mine life extension from 4.2 years to over 10 years, driven by improved economic conditions and additional leach pad sites. The company’s efforts to update the in-pit resource are crucial for advancing the project through the Pre-Feasibility Study stage, potentially enhancing its market positioning and long-term viability.