Bravada Gold (BVA) AI Stock Analysis

• Market Cap: C$17.49M
• Dividend Yield: N/A
• Average Volume (3M): 350.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.77
• 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: 0.20
• Price to Book (P/B): 19.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -36.62
• 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$0.10 ▲(41.43% Upside)

The score is held down primarily by weak financial performance (no revenue, ongoing losses, and cash burn) and limited valuation support due to negative earnings and no dividend. Technicals are mixed: strong trend/momentum versus extremely overbought readings that increase near-term risk.

Positive Factors

Zero Debt

Zero reported debt reduces insolvency and interest burden, giving flexibility to allocate capital toward exploration or structure joint-venture financing. Over a multi-month horizon this balance-sheet conservatism supports resilience through long exploration cycles and capital markets variability.

Meaningful Asset Base

Having total assets meaningful relative to equity implies tangible exploration assets or cash are on the balance sheet, which can be used as collateral, monetized, or underpin farm-outs. This provides structural optionality to fund programs or secure partner deals over the medium term.

Exploration-Focused Business Model

A clear, focused strategy on acquiring and advancing gold exploration properties provides long-term optionality: successful discoveries can create scalable value. For an explorer, disciplined portfolio selection and project maturation are durable drivers of future asset value and partner interest.

Negative Factors

No Revenue and Recurring Losses

Absence of any revenue and recurring operating losses indicate the company remains an early-stage explorer without cash-generating assets. Structurally, this limits self-funding ability and means value creation depends on discovery advancement or successful asset sales, extending financing risk.

Persistent Negative Cash Flow

Consistent negative operating and free cash flow demonstrates ongoing cash burn that requires external financing or partner funding to sustain drilling and evaluation. Over 2-6 months this pressure can force program reductions, delays in advancement, or dilutive capital raises, constraining progress.

Volatile and Thin Equity Cushion

Repeated episodes of negative equity and swings to positive only intermittently signal a thin capital buffer and recurring deficits. This structural instability raises the cost and difficulty of securing financing or favorable partner terms, increasing strategic and execution risk over the medium term.

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

Fundamentals are weak: TTM shows no revenue, continued operating and net losses, and persistent negative operating/free cash flow. The main positive is zero debt, but equity has been volatile/occasionally negative, indicating ongoing sustainability and funding risk.

Income Statement

TTM (Trailing-Twelve-Months) results show no revenue and continued operating losses (EBIT -552,324; net loss -469,778). Annual results are consistently loss-making as well, with no revenue base to absorb expenses. A modest positive trend is that losses are smaller than the 2022–2023 period, but profitability remains structurally weak given zero revenue and negative gross profit in recent periods.

Balance Sheet

The company reports zero debt across periods, which reduces financial risk and provides balance-sheet flexibility. However, equity has been volatile (negative in 2021, 2023, and 2024; positive in 2022, 2025 annual, and TTM), indicating recurring deficits and reliance on external funding or revaluations to rebuild the capital base. Total assets are meaningful relative to equity, but the thin and unstable equity cushion is a key weakness.

Cash Flow

Cash generation is weak: operating cash flow is negative in TTM (Trailing-Twelve-Months) (-264,260) and remains negative in every annual period shown, with free cash flow also consistently negative (TTM -375,023). While the size of cash burn appears lower than the worst years (e.g., 2021–2023), the business is still not self-funding and likely depends on financing to sustain operations.

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: 0.07
• 50DMA: Positive
• 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:BVA, the sentiment is Positive. The current price of 0.07 is below the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.06, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 58.16 is Neutral, neither overbought nor oversold. The STOCH value of 38.03 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$9.50M	30.00	22.23%	―	―	-78.57%
BVA	47 Neutral	C$17.49M	-35.71	―	―	―	30.00%
MUR	47 Neutral	C$7.89M	-4.74	-121.94%	―	―	55.15%
ORS	45 Neutral	C$12.78M	-15.12	-12.84%	―	―	-255.56%
TERA	41 Neutral	C$5.06M	-3.13	-32.84%	―	―	48.00%

Bravada Gold Corporate Events

Bravada Gold Reappoints Board, Extends Rights Plan and Issues New Stock Options

Bravada Gold Corporation reported that shareholders at its January 27 annual general meeting re-elected the existing board, reappointed Smythe LLP as auditor, approved a 2026 rolling incentive stock option plan reserving up to 10% of issued shares, and extended its shareholder rights plan for three more years to 2029 to promote fair treatment in any unsolicited takeover bid and give the board additional time to assess offers and potential alternatives. Following the meeting, the board confirmed the current executive team in their roles and granted 10,000,000 stock options at $0.115 per share for a five-year term to directors, officers and consultants, moves that collectively reinforce management continuity, bolster employee and insider alignment with shareholders, and strengthen Bravada’s defensive and strategic positioning as it advances its Nevada-focused gold and silver projects.

The most recent analyst rating on (TSE:BVA) stock is a Sell with a C$0.08 price target. To see the full list of analyst forecasts on Bravada Gold stock, see the TSE:BVA Stock Forecast page.

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.