Augusta Gold (G) AI Stock Analysis

• Market Cap: $92.80M
• Dividend Yield: N/A
• Average Volume (3M): 46.88K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.18
• Revenue Growth: N/A
• EPS Growth: -199.24%
• Country: CA
• Employees: 7
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Gold
• EPS (TTM): -0.10
• Shares Outstanding: 85,929,756
• 10 Day Avg. Volume: 29,869
• 30 Day Avg. Volume: 46,875
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.55
• 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

Augusta Gold faces significant financial challenges, with ongoing losses and negative cash flow raising concerns about sustainability. The technical analysis reflects weak market momentum, and valuation is unattractive due to a negative P/E ratio and no dividends. Despite securing additional funding, the company remains financially vulnerable, resulting in a low overall stock score.

Augusta Gold Business Overview & Revenue Model

Company Description

Augusta Gold (G) is a mining company focused on the exploration, acquisition, and development of gold properties. Operating in the precious metals sector, the company's core activities revolve around identifying and advancing gold mining projects in North America. Augusta Gold aims to enhance shareholder value through strategic exploration initiatives and developing high-quality assets that can be economically viable and environmentally sustainable.

How the Company Makes Money

Augusta Gold makes money primarily through the exploration and eventual mining of gold deposits. The company generates revenue by extracting gold from its mining sites and selling it to various customers, including refineries, financial institutions, and industrial users. Key revenue streams include the sale of gold bullion and gold concentrates. Partnerships with local stakeholders, government bodies, and other mining entities can also play a significant role in facilitating operations and enhancing profitability. Additionally, Augusta Gold may leverage joint ventures and strategic alliances to optimize the development and production of its gold assets.

Augusta Gold Financial Statement Overview

Summary

Augusta Gold's financial statements reveal a company struggling with profitability and cash flow generation. The ongoing losses, negative margins, and high leverage highlight significant financial challenges. While there is some improvement in equity, the lack of revenue and persistent negative cash flow raise concerns about the company's long-term viability and ability to fund its operations without external support.

Income Statement

Augusta Gold has consistently reported zero revenue over the years, indicating a lack of operational sales activity or a development stage. The gross profit margin is negative, and the net income has been persistently negative, reflecting ongoing losses. EBIT and EBITDA margins are also negative, highlighting operational inefficiencies. The lack of revenue growth and continued losses present significant concerns about the company's profitability and sustainability.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio, indicating significant leverage, which poses financial risk. However, the equity position has improved in recent years, though it remains unstable. The equity ratio is low, reflecting a high reliance on debt financing. These factors suggest financial vulnerability, although there is a slight improvement in equity.

Cash Flow

The company experiences negative free cash flow, suggesting that it is not generating sufficient cash to cover its capital expenditures. Operating cash flow is consistently negative, indicating core business challenges. Free cash flow growth is not applicable due to the persistent negative figures. This presents liquidity concerns and potential issues in sustaining operations without external financing.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	-44.06K	-44.06K	-632.00	0.00
	EBIT
-7.01M	-10.97M	-12.66M	-2.79M	-1.52M
	EBITDA
-6.85M	-10.93M	-12.61M	-2.79M	-1.52M
	Net Income Common Stockholders
6.66M	-27.75M	3.45M	-12.02M	-1.67M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
300.73K	332.81K	19.58M	14.34M	44.59K
	Total Assets
61.52M	60.67M	32.15M	26.06M	397.85K
	Total Debt
25.39M	22.84M	0.00	0.00	0.00
	Net Debt
25.09M	22.51M	-19.58M	-14.34M	-44.59K
	Total Liabilities
31.00M	44.18M	9.91M	23.40M	657.08K
	Stockholders Equity
30.52M	16.49M	22.24M	2.66M	-259.24K
Cash Flow		Free Cash Flow
-6.78M	-41.77M	-11.43M	-3.62M	-1.01M
	Operating Cash Flow
-6.54M	-6.75M	-11.04M	-2.15M	-988.75K
	Investing Cash Flow
―	-35.02M	-392.48K	-1.47M	-20.00K
	Financing Cash Flow
6.75M	22.52M	16.67M	17.92M	432.40K

Augusta Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.08
• 50DMA: Negative
• 100DMA: Negative
• 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:G, the sentiment is Negative. The current price of 1.08 is above the 20-day moving average (MA) of 1.06, below the 50-day MA of 1.12, and above the 200-day MA of 1.04, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 44.63 is Neutral, neither overbought nor oversold. The STOCH value of 48.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:G.

Augusta Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
K	80 Outperform	$24.18B	18.58	14.66%	0.86%	23.38%	131.87%
AEM	78 Outperform	$78.74B	23.65	11.45%	1.42%	32.68%	419.46%
NGD	69 Neutral	$4.19B	22.95	14.62%	―	23.61%	―
BTO	66 Neutral	$5.90B	―	-18.54%	4.70%	-0.18%	-2195.85%
Sector *	49 Neutral	$1.95B	-1.37	-21.43%	3.74%	0.84%	-29.84%
SEA	46 Neutral	C$1.65B	―	-3.92%	―	―	1.89%
G	24 Underperform	$92.80M	―	-23.87%	―	―	-199.24%

Augusta Gold Corporate Events

Augusta Gold Extends Loan and Secures Additional Funding

Augusta Gold Corp. has announced an extension of the maturity date of its loan with Augusta Investments Inc. to November 30, 2025, and has borrowed an additional US$500,000 under the loan terms. This financial maneuver aims to support the company’s ongoing projects and strategic initiatives, potentially strengthening its position in the mining industry and enhancing value for stakeholders.

Spark’s Take on TSE:G Stock

According to Spark, TipRanks’ AI Analyst, TSE:G is a Underperform.

Augusta Gold faces significant financial difficulties, with ongoing losses and negative cash flow, raising concerns about its sustainability. The technical analysis provides mixed signals, with some short-term momentum but overall bearish indicators. Valuation is unattractive due to a negative P/E ratio and lack of dividends. These factors collectively result in a low overall stock score, reflecting the high risks associated with the company’s current financial and market position.

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