Freegold Ventures (FVL) AI Stock Analysis

• Market Cap: C$359.29M
• Dividend Yield: N/A
• Average Volume (3M): 312.36K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.23
• Revenue Growth: N/A
• EPS Growth: 66.34%
• Country: CA
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 528,434,500
• 10 Day Avg. Volume: 437,158
• 30 Day Avg. Volume: 312,358
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -205.50
• 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

Freegold Ventures shows strong technical momentum and positive corporate developments, yet faces significant financial challenges with negative profitability and cash flow reliance on external financing. While recent financings and project advancements are promising, the financial instability and negative valuation metrics weigh heavily on the overall score.

Freegold Ventures Business Overview & Revenue Model

Company Description

Freegold Ventures Limited (FVL) is a mineral exploration company primarily engaged in the acquisition, exploration, and development of precious metal properties in North America. The company focuses on exploring gold-rich projects, with its key properties located in Alaska, USA. Freegold Ventures aims to identify and develop economically viable mineral resources through strategic exploration initiatives and partnerships.

How the Company Makes Money

Freegold Ventures makes money through the exploration and development of its mineral properties, with the primary goal of discovering commercially viable gold deposits. The company generates revenue by advancing its projects to a stage where they can be sold, optioned, or joint ventured with larger mining companies. Additionally, Freegold Ventures may earn income from selling stakes in its properties or entering into strategic partnerships and joint ventures, where partner companies provide funding in exchange for a share in the potential profits from the mining operations. The company's success in generating revenue depends significantly on its ability to discover substantial gold reserves and develop them efficiently and economically.

Freegold Ventures Financial Statement Overview

Summary

Freegold Ventures faces significant financial challenges, characterized by the absence of revenue, persistent operating losses, and negative cash flow from operations. While the company maintains low leverage, its inability to generate revenues and positive cash flow raises concerns about its long-term viability and financial health.

Income Statement

Freegold Ventures has consistently reported no revenue over the years, which severely undermines the company's ability to achieve profitability. The net income has been negative, indicating sustained losses. The company's EBIT and EBITDA margins are nonexistent due to the lack of revenue, further highlighting ongoing operational challenges.

Balance Sheet

The company maintains a low debt-to-equity ratio, which reflects prudent leverage management. However, stockholders' equity has been eroded by consistent losses. The equity ratio remains strong, indicating a high proportion of assets financed by equity, which is a positive aspect in terms of financial stability.

Cash Flow

Freegold Ventures shows a pattern of negative operating and free cash flows, indicating cash outflows in its operations and investments. The lack of operating cash flow to net income ratio due to negative operating cash flow highlights the difficulty in generating cash from its core activities. Financing activities have been a source of cash, which may not be sustainable in the long term.

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
-42.73K	0.00	-103.64K	-63.55K	-55.64K	-56.92K
	EBIT
-786.54K	-3.05M	-848.45K	-1.99M	-447.92K	-293.10K
	EBITDA
-1.03M	-3.09M	-694.02K	-1.88M	-392.28K	-171.78K
	Net Income Common Stockholders
-1.10M	-3.10M	-744.92K	-2.45M	-1.34M	-540.38K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
99.99K	2.02M	693.24K	13.83M	29.65M	1.17M
	Total Assets
38.15M	90.36M	77.40M	74.42M	73.97M	39.59M
	Total Debt
558.13K	99.94K	128.11K	167.02K	37.50K	86.86K
	Net Debt
458.14K	-1.92M	-565.13K	-13.67M	-29.62M	-1.08M
	Total Liabilities
1.08M	657.98K	926.87K	928.75K	792.34K	1.36M
	Stockholders Equity
37.07M	89.70M	76.47M	73.49M	73.17M	38.22M
Cash Flow		Free Cash Flow
-1.59M	―	-1.13M	-2.38M	-3.53M	-55.38K
	Operating Cash Flow
-865.76K	―	-803.39K	-647.01K	-2.02M	-2.38K
	Investing Cash Flow
-7.10M	―	-16.24M	-15.96M	-5.72M	-278.77K
	Financing Cash Flow
11.68M	14.17K	4.18M	469.70K	34.66M	1.34M

Freegold Ventures Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.83
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FVL, the sentiment is Positive. The current price of 0.83 is below the 20-day moving average (MA) of 0.86, below the 50-day MA of 0.90, and above the 200-day MA of 0.83, indicating a bullish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 43.51 is Neutral, neither overbought nor oversold. The STOCH value of 20.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:FVL.

Freegold Ventures Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
K	80 Outperform	C$23.55B	18.10	14.66%	0.89%	23.38%	131.87%
NGD	73 Outperform	$3.76B	28.25	11.14%	―	18.32%	―
BTO	66 Neutral	$5.37B	―	-18.54%	4.59%	-0.18%	-2195.85%
FVL	50 Neutral	C$359.29M	―	-1.12%	―	―	66.34%
Sector *	47 Neutral	$2.43B	-3.06	-22.76%	3.59%	4.02%	-29.07%
ELO	39 Underperform	C$75.20M	―	-17.56%	―	―	13.39%

Freegold Ventures Corporate Events

Freegold Ventures Secures $42 Million in Private Placement Financing

Freegold Ventures Limited announced the closing of a $42 million brokered private placement financing, with Paradigm Capital acting as the sole agent. The proceeds will be used primarily for advancing the Golden Summit project, with drilling expected to resume next month and an updated Mineral Resource Estimate anticipated later in the second quarter. Eric Sprott, through an entity he controls, purchased 30% of the units issued, marking a significant related party transaction. The offering is subject to final approval by the Toronto Stock Exchange, and all securities issued will have a hold period of four months and one day.

Freegold Ventures Upsizes Private Placement to $36.5 Million

Freegold Ventures Limited has announced an increase in its private placement offering to $36.5 million, with the issuance of up to 42,492,000 units at $0.85 per unit. The proceeds will be used for general working capital and corporate purposes, and the offering is expected to close on or about April 3, 2025, subject to regulatory approvals and customary closing conditions.

Freegold Ventures Announces $30 Million Private Placement Financing

Freegold Ventures Limited has announced a $30 million best efforts private placement financing agreement with Paradigm Capital Inc. This financing involves issuing up to 32,295,000 units at $0.85 per unit, with each unit consisting of one common share and one half of a common share purchase warrant. The proceeds will be used for general working capital and corporate purposes. The offering is set to close on or about April 3, 2025, subject to regulatory approvals and customary closing conditions. This move is expected to bolster Freegold Ventures’ financial position and support its exploration activities in Alaska.

Freegold Ventures Reports Over 93% Gold Recovery With Albion Process

Freegold Ventures Limited announced significant advancements in its metallurgical test work for the Golden Summit Project, achieving a gold recovery rate of over 93% using the Albion Process™ oxidation-CIL method. The recent test results highlight the potential for optimizing gold recovery while minimizing future capital and operating costs, marking a positive step in the project’s development and potentially enhancing Freegold’s position in the industry.

Freegold Ventures Announces Promising Drill Results at Golden Summit

Freegold Ventures Limited has announced promising assay results from its 2024 drilling program at the Golden Summit Project, which included 41 completed holes. The results, highlighted by significant mineralization, underscore the project’s potential, particularly with the western expansion aimed at increasing resource grades and economic returns. The program’s success in enhancing resource ounces and grades supports the company’s plans for economic studies to optimize capital and operating expenses in gold recovery efforts. Looking forward, Freegold plans to explore the depth of higher-grade zones and further mineralization in the Western Expansion Zone, with a pre-feasibility study on the horizon.

Freegold Ventures Reports High-Grade Gold Intersections at Golden Summit

Freegold Ventures has announced promising assay results from its 2024 drilling program at the Golden Summit, intersecting high-grade gold mineralization to the west and southwest. The ongoing exploration and metallurgical testing are crucial for optimizing the flowsheet design and proceeding with economic studies, highlighting the potential for significant resource expansion and improved industry positioning.