Dixie Gold (DG) AI Stock Analysis

• Market Cap: C$1.59M
• Dividend Yield: N/A
• Average Volume (3M): 21.89K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.73
• Revenue Growth: N/A
• EPS Growth: 83.18%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 31,737,188
• 10 Day Avg. Volume: 47,404
• 30 Day Avg. Volume: 21,885
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -8.60
• 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

Dixie Gold's strong financial stability, highlighted by a debt-free balance sheet, is overshadowed by a critical lack of revenue and ongoing profitability challenges. The technical indicators suggest a neutral outlook with no significant momentum, while the valuation reflects negative earnings. Overall, the stock requires careful consideration due to its financial and operational hurdles.

Dixie Gold Business Overview & Revenue Model

Company Description

Dixie Gold Inc. engages in the exploration and development of mineral resource properties in Canada. The company primarily explores for gold, uranium, and lithium deposits. Its principal projects include the Red Lake gold project comprises 1,044 mining claims covering an area of approximately 21,258 hectors located near Red Lake, Ontario; and Preston uranium project located in Western Athabasca Basin. The company was formerly known as Clean Commodities Corp. and changed its name to Dixie Gold Inc. in October 2019. Dixie Gold Inc. was incorporated in 2011 and is based in Vancouver, Canada.

How the Company Makes Money

Dixie Gold Financial Statement Overview

Summary

Dixie Gold demonstrates strong balance sheet stability with no debt and a high equity ratio, but struggles with profitability as evidenced by zero revenue and persistent losses. Positive trends in cash flow offer some optimism, although the business model needs adjustment to generate revenue and achieve sustainable profitability.

Income Statement

Dixie Gold has consistently reported zero revenue across multiple years, indicating a lack of operational output. The sustained negative EBIT and EBITDA margins highlight ongoing operating losses, with no improvement in profitability. The net income has also remained negative, signaling persistent challenges in achieving profitability.

Balance Sheet

The company maintains a strong balance sheet with no debt, resulting in a debt-to-equity ratio of zero, which is a positive indicator of financial stability. The equity ratio is high, suggesting that the company is primarily financed through equity. However, the continuous net losses affect return on equity negatively.

Cash Flow

Dixie Gold's cash flow statement shows improvements in free cash flow, turning positive in the TTM period, which is a positive sign. The operating cash flow to net income ratio is favorable, indicating efficient cash generation relative to net income. However, the overall cash flow from operations has been inconsistent in previous years.

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
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-209.25K	-291.24K	-284.90K	-450.42K	-304.69K	-163.69K
	EBITDA
-370.82K	-291.24K	-284.90K	-138.76K	109.88K	-163.69K
	Net Income Common Stockholders
-73.23K	-25.39K	-284.90K	-138.76K	-301.65K	-1.02M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.72M	271.15K	244.88K	739.39K	787.30K	1.28M
	Total Assets
3.11M	1.46M	1.48M	1.89M	1.92M	2.21M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-1.61M	-271.15K	-244.88K	-739.39K	-674.80K	-1.28M
	Total Liabilities
18.28K	21.10K	17.61K	137.19K	26.36K	37.33K
	Stockholders Equity
3.09M	1.44M	1.47M	1.75M	1.89M	2.18M
Cash Flow		Free Cash Flow
39.96K	26.27K	-494.52K	-381.69K	-621.90K	-558.64K
	Operating Cash Flow
46.83K	49.74K	-446.94K	-171.49K	-312.55K	-483.07K
	Investing Cash Flow
83.03K	-23.47K	-47.58K	236.08K	-309.35K	156.49K
	Financing Cash Flow
250.00K	0.00	0.00	0.00	15.00K	0.00

Dixie Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DG, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 32.46 is Neutral, neither overbought nor oversold. The STOCH value of 24.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DG.

Dixie Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
K	80 Outperform	$22.60B	17.37	14.66%	1.02%	23.38%	131.87%
IMG	80 Outperform	$5.28B	4.55	29.57%	―	71.21%	667.30%
AEM	80 Outperform	$71.73B	27.31	9.42%	1.59%	26.99%	-6.63%
OR	71 Outperform	$5.17B	232.02	1.33%	0.96%	6.02%	―
SSL	68 Neutral	C$2.99B	155.02	1.00%	0.84%	-0.35%	-65.11%
Sector *	57 Neutral	$7.68B	4.29	-3.52%	6.80%	-0.14%	-64.60%
DG	51 Neutral	C$1.59M	―	-5.21%	―	―	83.18%

Dixie Gold Corporate Events

Dixie Gold Expands Mining Claims in Saskatchewan

Dixie Gold Inc. has submitted additional mining claim applications and received certain government approvals in Saskatchewan, aiming to secure strategic positions in anticipation of upcoming activities by Ramp Metals Inc. The applications cover an area of approximately 35,448 hectares, complementing previously submitted claims and ensuring Dixie Gold’s preemptive stake in the region.

Dixie Gold Inc. Advances Strategic Mining Claims in Saskatchewan

Dixie Gold Inc. has submitted mining claim applications for 39,415 hectares in northern Saskatchewan. The move is strategic, intended to position the company advantageously for future activities and to preempt competition. The applications, funded through existing working capital, are pending government approval. Additionally, Dixie Gold anticipates further development in its Preston Lake project, maintaining its involvement through dilution of its joint venture interest.

Dixie Gold Faces Postal Strike Challenges

Dixie Gold Inc. is navigating an ongoing Canadian postal strike by utilizing legal exemptions to ensure its shareholders receive necessary meeting materials for the upcoming annual general meeting. While the strike may delay delivery, materials have been made available online for shareholders to access and vote.

Dixie Gold Revamps Stock Option Plan

Dixie Gold Inc. has implemented a new fixed 10% stock option plan to replace its previous rolling plan, potentially enhancing its capital structure by limiting the number of available stock options. This change may also reduce regulatory expenses by eliminating certain recurring fees associated with the rolling plan.