Desert Gold Ventures (DAU) AI Stock Analysis

• Market Cap: C$20.11M
• Dividend Yield: N/A
• Average Volume (3M): 83.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.55
• Revenue Growth: N/A
• EPS Growth: -38.46%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 251,364,100
• 10 Day Avg. Volume: 95,286
• 30 Day Avg. Volume: 83,796
• PEG Ratio: 1.28
• Price to Book (P/B): 85.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.89
• 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

• Rating: 34 Underperform
• Price Target: ―

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 Business Overview & Revenue Model

Company Description

Desert 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 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

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

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

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

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
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-834.00	0.00	-3.83K	-5.20K	-31.00K	-16.82K
	EBIT
-1.39M	-975.89K	-2.75M	-4.42M	-2.73M	-7.42M
	EBITDA
-1.88M	-975.89K	-2.74M	-4.25M	-2.51M	-7.40M
	Net Income Common Stockholders
-1.81M	-984.93K	-2.80M	-4.18M	-2.72M	-7.43M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
666.62K	279.57K	1.28M	1.31M	3.96M	204.38K
	Total Assets
6.58M	299.08K	1.38M	1.51M	4.03M	263.75K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-666.62K	-279.57K	-1.22M	-1.22M	-3.91M	-204.38K
	Total Liabilities
99.89K	124.11K	539.70K	476.94K	457.54K	316.93K
	Stockholders Equity
6.48M	174.97K	841.95K	1.04M	3.58M	-53.18K
Cash Flow		Free Cash Flow
-1.60M	-1.23M	-2.69M	-4.01M	-2.41M	-2.85M
	Operating Cash Flow
-1.60M	-1.23M	-2.69M	-4.00M	-2.39M	-2.85M
	Investing Cash Flow
0.00	69.11K	0.00	-13.78K	-13.04K	0.00
	Financing Cash Flow
1.66M	212.98K	2.71M	1.27M	6.04M	2.94M

Desert Gold Ventures Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.07, and above the 200-day MA of 0.07, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 63.55 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, 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
EDV	74 Outperform	C$10.20B	―	-3.12%	3.26%	59.60%	-74.74%
BTO	70 Outperform	$6.09B	―	-17.61%	4.18%	5.97%	-1677.31%
Sector *	50 Neutral	$1.99B	-1.06	-21.34%	3.71%	2.03%	-30.65%
DAU	34 Underperform	C$20.11M	―	-1371.51%	―	―	-38.46%

Desert Gold Ventures Corporate Events

Desert Gold Ventures Unveils Promising Trenching Results for Resource Expansion

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

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

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

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.