Desert Gold Ventures (DAU) AI Stock Analysis

• Market Cap: C$21.64M
• Dividend Yield: N/A
• Average Volume (3M): 118.03K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.49
• Revenue Growth: N/A
• EPS Growth: 13.49%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 270,491,600
• 10 Day Avg. Volume: 134,569
• 30 Day Avg. Volume: 118,025
• PEG Ratio: -0.05
• Price to Book (P/B): 57.85
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.63
• 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: 52 Neutral
• Price Target: C$0.09 ▲(7.50% Upside)

The score is held down primarily by weak financial performance (no revenue, ongoing losses, and negative/accelerating free cash flow with a shrinking equity cushion). Offsetting factors include supportive technical trends (price above major moving averages with positive MACD) and a meaningful positive corporate update (enhanced PEA with improved projected project economics). Valuation remains a headwind given the negative P/E and lack of dividend yield.

Positive Factors

Resource Expansion

The discovery of significant gold grades at Mogoyafara South and Linnguekoto West suggests potential for increasing inferred mineral resources, strengthening Desert Gold Ventures' position in the gold mining sector.

Leadership Strengthening

The appointment of an experienced VP for West Africa enhances the company's strategic focus on exploration and development, potentially improving project execution and growth in a key region.

Successful Fundraising

Successful fundraising through a warrant exercise incentive program provides Desert Gold Ventures with capital to advance its SMSZ Gold Project, supporting exploration and operational activities.

Negative Factors

No Revenue Generation

The lack of revenue generation indicates operational challenges and limits the company's ability to self-fund exploration and development, posing a risk to long-term sustainability.

Negative Cash Flow

Negative operating cash flow reflects poor cash generation from core operations, which could hinder Desert Gold Ventures' ability to finance its projects and maintain financial health.

Declining Asset Base

A declining asset base suggests potential financial instability, which may affect Desert Gold Ventures' ability to invest in exploration and development, impacting future growth prospects.

Desert Gold Ventures Business Overview & Revenue Model

Company Description

Desert Gold Ventures Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Mali and Rwanda. The company primarily explores for gold ores. Its flagship project is the Senegal Mali Shear Zone project that consists of a total of ten contiguous tenements covering an area of 410 square kilometers located in Western Mali. Desert Gold Ventures Inc. was incorporated in 2003 and is headquartered in Surrey, Canada.

How the Company Makes Money

Desert Gold Ventures makes money through the exploration and potential sale or development of gold mining properties. The company's primary revenue streams include discovering and increasing the value of its gold assets, which can lead to future production revenues or the sale of these projects to other mining companies. Additionally, partnerships and joint ventures with other mining firms can provide significant funding and development support, contributing to Desert Gold Ventures' earnings. However, as an exploration company, it may not generate consistent revenue until its projects are developed into operational mines or sold to other entities.

Desert Gold Ventures Financial Statement Overview

Summary

Overall financial quality is weak: the company has reported zero revenue, persistent net losses, and accelerating cash burn (free cash flow more negative in 2024 vs. 2023). The main offset is a conservative capital structure with no reported debt, but the equity base has eroded to a small cushion, increasing financing/dilution risk.

Income Statement

The company reports no revenue across the entire period provided, indicating it is not yet operating as a commercial business. Losses are persistent and sizable (net loss of about $2.48M in 2024 vs. about $0.98M in 2023), showing weaker earnings momentum year over year. While losses were lower than 2021–2022 levels, profitability remains structurally negative with no visible path to margin expansion given the zero-revenue profile.

Balance Sheet

Leverage is very conservative with zero reported debt in each year, which reduces financial risk. However, the equity base has eroded materially (stockholders’ equity fell to ~$184K in 2024 from ~$842K in 2022 and ~$3.58M in 2020), reflecting ongoing losses and/or funding dilution effects. Returns on equity are negative in recent years (2024 notably weak), and the small equity cushion increases sensitivity to further cash burn.

Cash Flow

Cash generation is consistently negative, with operating and free cash flow remaining meaningfully cash-consuming (free cash flow of about -$2.30M in 2024 vs. about -$1.23M in 2023). The cash burn accelerated in 2024, and cash flow does not show a sustained improvement trend. While free cash flow broadly tracks net losses (limited non-cash distortion), the ongoing deficit implies continued reliance on external financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-111.00	0.00	0.00	-3.83K	-5.20K	-31.00K
EBITDA	-2.15M	-2.20M	-975.89K	-2.74M	-4.25M	-2.51M
Net Income	-2.04M	-2.48M	-984.93K	-2.80M	-4.18M	-2.72M
Balance Sheet
Total Assets	437.97K	359.45K	299.08K	1.38M	1.51M	4.03M
Cash, Cash Equivalents and Short-Term Investments	422.66K	348.60K	279.57K	1.28M	1.31M	3.96M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	140.62K	175.39K	124.11K	539.70K	476.94K	457.54K
Stockholders Equity	297.34K	184.06K	174.97K	841.95K	1.04M	3.58M
Cash Flow
Free Cash Flow	-1.75M	-2.30M	-1.23M	-2.69M	-4.01M	-2.41M
Operating Cash Flow	-1.75M	-2.30M	-1.23M	-2.69M	-4.00M	-2.39M
Investing Cash Flow	162.76K	0.00	69.11K	0.00	-13.78K	-13.04K
Financing Cash Flow	1.39M	2.40M	212.98K	2.71M	1.27M	6.04M

Desert Gold Ventures Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 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:DAU, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.07, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 59.97 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DAU.

Desert Gold Ventures 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%
DAU	52 Neutral	C$21.64M	-7.34	-468.03%	―	―	13.49%
BEX	50 Neutral	C$21.97M	―	0.18%	―	―	―
STE	48 Neutral	C$26.54M	-25.13	-6.76%	―	―	78.16%
TORQ	45 Neutral	C$20.44M	-0.96	―	―	―	-18.42%
SMY	45 Neutral	C$18.74M	-10.90	-6.20%	―	―	-205.83%
SRAN	42 Neutral	C$16.92M	―	―	―	―	―

Desert Gold Ventures Corporate Events

Desert Gold Ventures Unveils Enhanced PEA for SMSZ Project, Doubling Production Capacity

Desert Gold Ventures has released an updated Preliminary Economic Assessment (PEA) for its SMSZ Gold Project in West Mali, highlighting a significant increase in production capacity and economic returns. The updated PEA projects a doubling of monthly gold production and a 10-year mine life, with a notable after-tax NPV of $61 million and an IRR of 57% at a gold price of $2,850/oz. The company plans to implement a modular and flexible mining approach, starting with open-pit operations at Barani East and transitioning to Gourbassi, which will help minimize initial capital costs and enhance operational flexibility. This strategic update positions Desert Gold Ventures to potentially expand its operations and improve its economic outcomes over time.