Faircourt Gold Income A (FGX) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 4.89%
• Average Volume (3M): 2.50K
• Price to Earnings (P/E): 1.6
• Beta (1Y): N/A
• Revenue Growth: N/A
• EPS Growth: 5962.11%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Asset Management - Income
• EPS (TTM): 1.29
• Shares Outstanding: 2,549,311
• 10 Day Avg. Volume: 2,500
• 30 Day Avg. Volume: 2,500
• PEG Ratio: -0.01
• Price to Book (P/B): 0.93
• Price to Sales (P/S): -48.01
• P/FCF Ratio: 37.76
• 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: 58 Neutral
• Price Target: C$2.50 ▲(0.81% Upside)
• Action: Reiterated Date: 12/30/25
• Date: Action: Reiterated 12/30/25

The score is held back primarily by erratic fundamentals (negative revenue in 2023–2024, large earnings swings, and weaker/volatile cash flow in 2024) and weak/unstable technical signals. These risks are partly offset by a conservative leverage profile and very attractive headline valuation (low P/E and ~4.9% yield).

Positive Factors

Low Debt Levels

Low debt levels provide financial flexibility and reduce risk, allowing the company to navigate economic fluctuations more effectively.

Dividend Distribution

Regular dividend distributions demonstrate a commitment to returning value to shareholders, which can enhance investor confidence and attract income-focused investors.

Cash Flow Positivity

Positive cash flow from operations suggests the company can sustain its operations and invest in growth opportunities without relying heavily on external financing.

Negative Factors

Declining Revenue

A significant decline in revenue indicates potential issues in business operations or market demand, which could impact long-term growth and profitability.

Negative Profit Margins

Consistently negative profit margins highlight operational inefficiencies and could hinder the company's ability to invest in growth or return value to shareholders.

Decreasing Equity and Assets

A decrease in equity and assets signals weakening financial health, which may limit the company's ability to leverage opportunities or withstand economic downturns.

Faircourt Gold Income A Business Overview & Revenue Model

Company Description

Faircourt Gold Income Corp. is a closed-ended equity mutual fund launched and managed by Faircourt Asset Management Inc. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating in the precious metals sector, with an emphasis on companies involved in gold mining and exploration. It primarily invests in stocks of senior and intermediate gold producers that are part of the S&P/TSX Global Gold Index. The fund benchmarks the performance of its portfolio against S&P/TSX Global Gold Index. Faircourt Gold Income Corp. was formed on November 16, 2007 and is domiciled in Canada.

How the Company Makes Money

Faircourt Gold Income A (FGX) generates revenue primarily through investment income, which includes dividends and interest earned from its portfolio of securities in the gold and precious metals sectors. Additionally, the company benefits from capital gains realized from the appreciation and sale of its investments. FGX's earnings are influenced by factors such as fluctuations in gold prices, mining company performance, and broader economic conditions impacting the gold and precious metals markets. The fund may also engage in strategic partnerships or collaborations with mining companies or financial institutions to enhance its investment strategy and returns.

Faircourt Gold Income A Financial Statement Overview

Summary

Balance sheet leverage looks conservative (debt-to-equity ~0.16–0.19), but operating performance is unreliable: revenue turned negative in 2023–2024 and earnings have swung sharply from large losses (2021–2023) to a sizable profit in 2024. Free cash flow is positive across years but volatile and fell sharply in 2024, reducing confidence in earnings durability.

Income Statement

Results are highly volatile. Revenue swung from positive levels in 2019–2022 to negative in 2023–2024, including a sharp decline in 2024. Profitability also lacks consistency: the company posted large losses in 2021–2023 but returned to a sizable net profit in 2024. Margin signals are mixed and sometimes counterintuitive given negative revenue in recent years, which reduces confidence in trend quality and earnings durability.

Balance Sheet

Leverage appears manageable, with debt-to-equity consistently around ~0.16–0.19 across the period, suggesting a relatively conservative capital structure. Equity remains sizable versus total debt, providing balance-sheet flexibility. The key weakness is performance variability: return on equity alternated between strong positives (2019–2020, 2024) and meaningful negatives (2021–2023), indicating that the balance sheet is stable but earnings power is not.

Cash Flow

Free cash flow is positive in each year shown and closely tracks net income in the dataset, which is a supportive signal. However, operating cash generation is inconsistent in absolute terms (e.g., very low in 2020 versus higher in 2023) and coverage is generally modest, with operating cash flow relative to net income ranging from very low levels to only moderate levels. Free cash flow fell sharply in 2024 versus 2023, highlighting cash-flow volatility despite reported profitability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.07M	-150.71K	-97.11K	492.93K	2.66M	3.55M
Gross Profit	1.99M	-298.50K	-97.11K	312.27K	2.41M	3.25M
EBITDA	1.12M	1.52M	-69.66K	-92.57K	-99.83K	-107.32K
Net Income	2.71M	1.50M	-551.14K	-979.13K	-2.17M	4.94M
Balance Sheet
Total Assets	11.21M	9.31M	9.18M	11.13M	14.13M	19.27M
Cash, Cash Equivalents and Short-Term Investments	11.16M	9.27M	9.13M	11.10M	14.02M	19.24M
Total Debt	1.14M	1.24M	1.44M	1.70M	2.20M	2.90M
Total Liabilities	1.51M	1.51M	1.67M	2.06M	2.49M	3.17M
Stockholders Equity	9.70M	7.79M	7.51M	9.07M	11.64M	16.10M
Cash Flow
Free Cash Flow	1.04M	191.62K	924.53K	483.69K	321.92K	42.83K
Operating Cash Flow	1.04M	191.62K	924.54K	483.69K	321.92K	42.83K
Investing Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00
Financing Cash Flow	-2.09M	-1.42M	-1.27M	-2.10M	-3.00M	-3.03M

Faircourt Gold Income A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AEM	83 Outperform	C$160.56B	18.74	19.58%	0.91%	38.72%	250.70%
K	78 Outperform	C$55.39B	14.12	30.96%	0.43%	36.41%	144.79%
WPM	76 Outperform	C$93.94B	67.17	13.05%	0.55%	54.48%	68.44%
ABX	73 Outperform	C$106.05B	14.63	19.64%	1.17%	21.76%	129.56%
FNV	72 Outperform	C$69.07B	37.27	14.17%	0.72%	44.76%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
FGX	58 Neutral	―	1.59	51.37%	4.89%	―	5962.11%

Faircourt Gold Income A Corporate Events

Faircourt Gold Income Corp. Declares $0.024 December Distribution

Faircourt Asset Management Inc., as manager and investment advisor to Faircourt Gold Income Corp., has declared a monthly cash distribution of $0.024 per FGX share, with an ex-dividend and record date of December 31, 2025 and payment scheduled for January 15, 2026. The announcement underscores the fund’s ongoing income distribution policy for shareholders of the CBOE Canada–listed vehicle, while reminding investors of typical brokerage fees, the potential for trading prices to differ from net asset value, and the usual risks and disclosure requirements associated with investment funds.

Faircourt Asset Management Announces November Distribution for Gold Income Fund

Faircourt Asset Management Inc. has announced a monthly distribution for the Faircourt Gold Income Corp., with a distribution amount of $0.024 per share, payable on December 12, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors, although it also highlights the potential costs and risks associated with trading fund shares on exchanges.

Faircourt Asset Management Announces October Distribution for Gold Income Corp

Faircourt Asset Management Inc. has announced the October distribution for its Faircourt Gold Income Corp, with a distribution amount of $0.024 per share. This announcement reflects the company’s ongoing commitment to providing returns to its investors and highlights the operational schedule for the distribution, including the ex-dividend, record, and payable dates.