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Desert Gold Ventures Inc (TSE:DAU)
:DAU

Desert Gold Ventures (DAU) AI Stock Analysis

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Desert Gold Ventures

(DAU)

34Underperform
Desert Gold Ventures has significant financial challenges, with no revenue and continuous losses indicating major operational risks. While the lack of debt is a positive, the company's declining asset base and negative cash flows are critical weaknesses. Technical indicators suggest mixed market sentiment, with some bearish trends. The negative P/E ratio reflects the company's unprofitability, and the absence of a dividend yield reduces its investment appeal.

Desert Gold Ventures (DAU) vs. S&P 500 (SPY)

Desert Gold Ventures Business Overview & Revenue Model

Company DescriptionDesert Gold Ventures (DAU) is a mineral exploration company primarily focused on the acquisition, exploration, and development of gold properties in Western Africa. The company is engaged in identifying and developing potentially high-yield gold mining sites, leveraging its expertise to advance these projects through exploration, drilling, and feasibility stages. Its primary assets are located in Mali, a region known for its rich gold deposits, positioning Desert Gold Ventures as a significant player in the gold exploration sector.
How the Company Makes MoneyDesert 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
Desert Gold Ventures faces significant financial challenges with no revenue and persistent losses, raising concerns about its operational viability. The lack of debt is a positive, but declining assets and negative cash flows are critical weaknesses. The company must address its revenue issues and improve cash flow to ensure sustainability.
Income Statement
10
Very Negative
Desert Gold Ventures has consistently reported zero revenue over the years, reflecting a lack of operational income. The company shows substantial net losses without any gross profit, indicating severe financial underperformance. This lack of revenue growth and persistent negative margins highlight the company's struggle to achieve profitability.
Balance Sheet
30
Negative
The balance sheet shows no debt, which is a positive aspect, suggesting financial prudence. However, the company has low stockholders' equity and declining total assets, which indicate potential financial instability. The negative equity in some years underscores financial risk.
Cash Flow
25
Negative
Cash flow statements reveal consistently negative operating cash flow, indicating poor cash generation from core operations. While the company has positive financing cash flow, likely from equity infusions, the inability to generate free cash flow poses a risk to its long-term financial health.
Breakdown
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
0.00-3.83K-5.20K-31.00K-16.82K
EBIT
-975.89K-2.75M-4.42M-2.73M-7.42M
EBITDA
-975.89K-2.74M-4.25M-2.51M-7.40M
Net Income Common Stockholders
-984.93K-2.80M-4.18M-2.72M-7.43M
Balance SheetCash, Cash Equivalents and Short-Term Investments
279.57K1.28M1.31M3.96M204.38K
Total Assets
299.08K1.38M1.51M4.03M263.75K
Total Debt
0.000.000.000.000.00
Net Debt
-279.57K-1.22M-1.22M-3.91M-204.38K
Total Liabilities
124.11K539.70K476.94K457.54K316.93K
Stockholders Equity
174.97K841.95K1.04M3.58M-53.18K
Cash FlowFree Cash Flow
-1.23M-2.69M-4.01M-2.41M-2.85M
Operating Cash Flow
-1.23M-2.69M-4.00M-2.39M-2.85M
Investing Cash Flow
69.11K0.00-13.78K-13.04K0.00
Financing Cash Flow
212.98K2.71M1.27M6.04M2.94M

Desert Gold Ventures Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.06
Price Trends
50DMA
0.07
Negative
100DMA
0.07
Negative
200DMA
0.07
Negative
Market Momentum
MACD
<0.01
Negative
RSI
44.78
Neutral
STOCH
77.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DAU, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.07, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 44.78 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DAU.

Desert Gold Ventures Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSEDV
74
Outperform
C$9.46B-3.12%3.62%22.47%-791.36%
TSBTO
66
Neutral
$5.90B-18.54%4.70%-0.18%-2195.85%
49
Neutral
$1.95B-1.37-21.43%3.74%0.84%-29.84%
TSDAU
34
Underperform
C$16.34M-930.24%-38.46%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:DAU
Desert Gold Ventures
0.06
0.00
0.00%
TSE:BTO
B2Gold
4.08
0.77
23.45%
TSE:EDV
Endeavour Mining
39.04
11.30
40.74%

Desert Gold Ventures Corporate Events

Desert Gold Ventures Unveils Promising Trenching Results for Resource Expansion
Jan 15, 2025

Desert Gold Ventures Inc. announced the results of trenching and prospecting activities conducted between 2010 and 2012 at the Mogoyafara South and Linnguekoto West gold deposits. These findings reveal significant opportunities for resource expansion, with notable gold grades identified outside and at the edges of existing resource pits. The discoveries suggest potential for increasing their inferred mineral resources of 479,000 ounces of gold, enhancing the company’s position in the gold mining sector.

Desert Gold Ventures Strengthens West Africa Leadership
Dec 24, 2024

Desert Gold Ventures has appointed Diallo Cheick Ousmane as the new Vice President of Exploration for West Africa, highlighting his extensive experience in the region’s mining industry. This strategic move comes as the company focuses on expanding its exploration efforts and developing a small gold mine to support its growth.

Desert Gold Ventures Reports Promising Drill Results
Nov 28, 2024

Desert Gold Ventures has revealed promising results from its second phase of exploration drilling at the SMSZ Project in Mali, with the aim of reaching a 2 million ounce gold mineral resource. The company successfully extended gold mineralization at several zones, marking a significant step forward in its exploration goals.

Desert Gold Ventures Raises Funds for Mali Project
Nov 19, 2024

Desert Gold Ventures has successfully closed its warrant exercise incentive program, raising CAD $1,258,286 to support its SMSZ Gold Project in West Mali. This initiative allowed the issuance of additional warrants, encouraging further investment in the company’s future growth. The funds raised will also be used for general working capital purposes.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.