Falcon Gold (FG) AI Stock Analysis

• Market Cap: C$3.55M
• Dividend Yield: N/A
• Average Volume (3M): 186.88K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.06
• Revenue Growth: N/A
• EPS Growth: -105.80%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 177,434,130
• 10 Day Avg. Volume: 81,042
• 30 Day Avg. Volume: 186,883
• PEG Ratio: 0.07
• Price to Book (P/B): -6.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.68
• 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

Falcon Gold's overall stock score reflects significant financial and operational challenges, with zero revenue, persistent losses, and negative cash flows weighing heavily on its financial performance. While technical indicators suggest weak momentum, recent positive corporate events in exploration provide a glimmer of hope. The stock's speculative nature and low valuation might attract risk-tolerant investors, but the overall outlook remains cautious.

Falcon Gold Business Overview & Revenue Model

Company Description

Falcon Gold Corp. engages in the acquisition and exploration of mineral properties in the Americas. It explores for gold, silver, and base metal deposits. Its flagship project is the Central Canada Gold Mine that consists of 117 claims located in North Ontario. The company was formerly known as Chesstown Capital Inc. and changed its name to Falcon Gold Corp. in July 2011. Falcon Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Falcon Gold makes money through the exploration and extraction of gold and other minerals from its mining operations. The company's primary revenue stream comes from selling the gold it extracts to various buyers, including refineries, jewelry manufacturers, and industrial users. Additionally, FG may engage in joint ventures or partnerships with other mining companies to share costs and enhance its operational capabilities. The company may also benefit from fluctuations in gold prices, which can impact its profitability. Other revenue can come from selling or leasing mineral rights or properties to other mining entities.

Falcon Gold Financial Statement Overview

Summary

Falcon Gold's financials indicate significant financial distress, characterized by zero revenue, persistent operational losses, negative equity, and consistent negative cash flows. The company is heavily reliant on financing activities to meet its cash needs, suggesting an urgent need for operational restructuring and revenue generation strategies.

Income Statement

Falcon Gold has consistently reported zero revenue, indicating an ongoing lack of sales or operational output. The company has also faced persistent losses, with negative EBIT and EBITDA figures, highlighting significant operational challenges. The absence of revenue growth and consistent net losses over the years depict a struggling financial performance.

Balance Sheet

The balance sheet reveals a concerning financial position, with negative stockholders' equity indicating more liabilities than assets. The company has no debt, which is a positive aspect, but the negative equity ratio and significant liabilities suggest financial instability and risk. The deterioration of equity over time is a negative trend.

Cash Flow

Operating cash flow has been consistently negative, reflecting ongoing challenges in generating cash from operations. Free cash flow has also remained negative, further indicating cash constraints. While financing activities have provided some liquidity, the reliance on external financing underscores financial vulnerability.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
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
-425.68K	-1.68M	-548.63K	-1.16M	-982.40K	-590.43K
	EBITDA
-2.23M	-1.45M	-548.63K	-1.16M	-982.40K	-590.43K
	Net Income Common Stockholders
-2.13M	-1.57M	-991.20K	-1.33M	-887.00K	-671.50K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
198.61K	272.79K	445.32K	435.21K	801.21K	181.33K
	Total Assets
4.05M	465.55K	3.42M	2.65M	2.37M	860.89K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-96.50K	-55.75K	-326.36K	-273.90K	-547.43K	-121.33K
	Total Liabilities
1.34M	1.18M	732.37K	432.28K	162.07K	437.17K
	Stockholders Equity
2.71M	-714.00K	2.69M	2.22M	2.21M	423.73K
Cash Flow		Free Cash Flow
-1.32M	-1.04M	-1.63M	-1.21M	-1.80M	-883.06K
	Operating Cash Flow
-2.25M	-1.04M	―	-654.72K	-1.02M	-555.25K
	Investing Cash Flow
931.37K	5.00K	-1.01M	-543.02K	-701.53K	-327.81K
	Financing Cash Flow
1.72M	769.08K	1.68M	924.22K	2.15M	951.51K

Falcon Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FG, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.38 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FG.

Falcon Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.99B	-1.09	-21.26%	3.60%	1.47%	-31.20%
ROVR	43 Neutral	C$2.67M	―	-13.24%	―	―	44.16%
RGLD	41 Neutral	C$3.52M	―	-206.92%	―	―	-539.74%
FG	39 Underperform	C$3.55M	―	-192.87%	―	―	-105.80%
NSG	38 Underperform	$3.24M	―	-34.18%	―	―	23.28%
VGD	27 Underperform	C$2.97M	―	-1265.07%	―	―	9.68%

Falcon Gold Corporate Events

Falcon Gold Advances Drilling at Great Burnt Project

Falcon Gold Corp. has completed its third and fourth drill holes at the Great Burnt Copper-Gold Project and is preparing for a fifth, targeting a high-priority anomaly. The recent drilling has shown increased sulphide mineralization, suggesting a significant expansion of the mineralized system, which could enhance the project’s potential as a major copper-gold asset.

Falcon Gold Releases High-Resolution Images from 2024 Exploration Program

Falcon Gold Corp. has released high-resolution images from the first two drill holes of its late 2024 exploration program at the Great Burnt Copper-Gold Project. These images provide valuable visual insights into the early stages of the drilling campaign, showcasing promising geological features and supporting the company’s exploration strategy. The release underscores Falcon Gold’s commitment to transparency and open communication with stakeholders, as it continues to explore an extensive mineralized system.

Falcon Gold Appoints Veteran Geologist to Lead Key Project

Falcon Gold Corp. has appointed Victor A. French, a seasoned geologist with over 50 years of experience, to lead its Great Burnt Copper-Gold Project. This strategic move aims to leverage Mr. French’s expertise in Newfoundland’s geology to optimize drilling strategies and accelerate the project’s development, enhancing its resource expansion efforts.

Falcon Gold Accelerates Great Burnt Exploration with Warrior Drilling

Falcon Gold Corp. has engaged Warrior Drilling for its Great Burnt Project in Newfoundland to accelerate exploration of high-grade copper and gold mineralization. The company plans an initial 10-hole drill program targeting priority zones, expecting to expand known mineralization. Additionally, Falcon signed a service agreement with Empire Market Ventures for digital marketing to enhance its online presence and investor engagement, subject to TSX Venture approval.