Freegold Ventures (FVL) AI Stock Analysis

• Market Cap: C$513.10M
• Dividend Yield: N/A
• Average Volume (3M): 450.91K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.32
• Revenue Growth: N/A
• EPS Growth: 66.34%
• Country: CA
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 528,965,760
• 10 Day Avg. Volume: 282,509
• 30 Day Avg. Volume: 450,914
• PEG Ratio: 26.31
• Price to Book (P/B): 2.50
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -164.37
• 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: 43 Neutral
• Price Target: ―

Freegold Ventures faces substantial financial challenges, with negative profitability and cash flow issues being the primary concerns. However, strong technical momentum and positive corporate developments, such as significant drilling results and financings, provide some positive outlook. The overall score reflects these mixed factors, with financial instability weighing heavily on the stock.

Freegold Ventures Business Overview & Revenue Model

Company Description

Freegold Ventures Limited, an exploration stage company, engages in the acquisition, exploration, evaluation, and development of precious and base metal properties in the United States and Canada. The company primarily explores for gold, copper, silver, cobalt, and tungsten deposits. It holds interests in the Golden Summit property that consists of 53 patented and 107 unpatented federal claims; and Shorty Creek property comprises 328 State of Alaska mining claims covering an area of 31,478 acres located in Alaska, the United States. The company was formerly known as International Freegold Mineral Development Inc. and changed its name to Freegold Ventures Limited in September 2002. Freegold Ventures Limited was incorporated in 1985 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Freegold Ventures makes money primarily through the exploration and development of mineral properties with the aim of discovering valuable gold and copper deposits. The company generates revenue by increasing the value of its mineral properties through successful exploration activities, which can lead to the sale of these properties to larger mining companies or forming joint ventures. Additionally, Freegold Ventures may earn income from strategic partnerships, option agreements, and royalties from companies that choose to develop the resources found on its properties. The company's ability to secure funding through equity financing is also crucial for sustaining its exploration activities and potential future earnings.

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: 0.97
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 0.97 is below the 20-day moving average (MA) of 0.97, above the 50-day MA of 0.94, and above the 200-day MA of 0.90, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 56.30 is Neutral, neither overbought nor oversold. The STOCH value of 54.70 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
Sector *	50 Neutral	$1.99B	-1.06	-21.34%	3.71%	2.03%	-30.65%
FVL	43 Neutral	C$513.10M	―	-1.08%	―	―	66.34%
ERLFF		$332.40M	―		―	―	―
TLG	51 Neutral	C$233.51M	―	-95.88%	―	―	63.81%
EMO	42 Neutral	C$286.94M	―	-42.57%	―	―	51.26%
FWEDF		$266.76M	―	-102.13%	―	―	―
SRAFF		$210.55M	―		―	―	―

Freegold Ventures Corporate Events

Freegold Ventures Reports High-Grade Gold Intersections at Golden Summit

Freegold Ventures has announced significant high-grade gold intersections in both the Cleary and WOW Zones at its Golden Summit project. The company is advancing its 2025 drilling program, which aims to convert inferred resources into indicated categories and prepare for a pre-feasibility study. The results of the ongoing metallurgical testing and updated resource estimates are expected to enhance gold recovery and optimize project economics, marking 2025 as a pivotal year for the company’s development plans.

Spark’s Take on TSE:FVL Stock

According to Spark, TipRanks’ AI Analyst, TSE:FVL is a Neutral.

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.

To see Spark’s full report on TSE:FVL stock, click here.

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.