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Gander Gold Corp. (TSE:GAND)
:GAND
Canadian Market
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Gander Gold Corp. (GAND) AI Stock Analysis

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Gander Gold Corp.

(GAND)

Rating:30Underperform
Price Target:
The overall stock score is significantly impacted by Gander Gold Corp.'s weak financial performance, marked by consistent losses and negative cash flows. The technical analysis provides a neutral outlook with no strong momentum, and the valuation is unattractive due to the negative P/E ratio. These factors collectively indicate high risk and uncertainty in the company's stock performance.

Gander Gold Corp. (GAND) vs. iShares MSCI Canada ETF (EWC)

Gander Gold Corp. Business Overview & Revenue Model

Company DescriptionGander Gold Corp. (GAND) is a mineral exploration company focused on the acquisition, exploration, and development of gold properties. Operating primarily in the resource-rich regions of Newfoundland and Labrador, Canada, Gander Gold Corp. is dedicated to identifying and advancing high-potential gold exploration targets. The company's strategic approach involves leveraging geological expertise and advanced exploration techniques to unlock the potential of its properties.
How the Company Makes MoneyGander Gold Corp. generates revenue primarily through the discovery and development of gold resources. The company's revenue model hinges on increasing the value of its exploration properties by conducting detailed geological surveys, drilling programs, and resource estimations to identify economically viable gold deposits. Once a resource is sufficiently developed, Gander Gold Corp. may choose to enter into joint ventures or sell interests in its projects to larger mining companies, thereby monetizing its exploration successes. Additionally, the company may raise capital through equity financing to fund its exploration activities, which indirectly supports its revenue-generating operations by advancing its projects toward potential profitability.

Gander Gold Corp. Financial Statement Overview

Summary
Gander Gold Corp. faces significant financial hurdles with no revenue generation, consistent losses, and negative cash flows. While leverage is not excessively high, the reduction in equity and persistent cash flow issues highlight the company's financial instability. Without revenue generation, the sustainability of operations remains a concern.
Income Statement
10
Very Negative
Gander Gold Corp. has reported no revenue over the past periods, leading to negative profitability metrics. The company consistently posts negative EBIT and EBITDA, with TTM (Trailing-Twelve-Months) net income being -$10.18 million. The absence of revenue and continuous losses indicate significant challenges in achieving profitability.
Balance Sheet
20
Very Negative
The balance sheet shows moderate equity with a debt-to-equity ratio of approximately 0.87 in the latest TTM period, indicating manageable leverage. However, the company's equity has decreased over time, and the equity ratio has dropped as well, suggesting a weakening financial position. The stockholders' equity has declined from $11.33 million in 2023 to $0.97 million in TTM 2024.
Cash Flow
15
Very Negative
Operating cash flows remain negative, reflecting ongoing financial strain. The company's TTM free cash flow is -$0.16 million, and the free cash flow to net income ratio is negative, indicating that operational activities are not generating positive cash flows. This pattern of negative cash flow growth underscores liquidity challenges.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue0.000.000.000.00
Gross Profit0.000.000.000.00
EBITDA-10.28M-1.07M-1.22M-25.15K
Net Income-10.32M-1.46M-1.22M-25.15K
Balance Sheet
Total Assets2.27M11.93M9.93M7.86M
Cash, Cash Equivalents and Short-Term Investments29.11K573.44K702.74K4.42M
Total Debt639.75K0.002.65M2.65M
Total Liabilities950.84K598.04K1.17M2.89M
Stockholders Equity1.32M11.33M8.76M4.98M
Cash Flow
Free Cash Flow-544.57K-1.47M-1.22M-548.95K
Operating Cash Flow-541.46K-973.46K-863.97K-4.04K
Investing Cash Flow-602.87K-2.90M-3.12M-573.86K
Financing Cash Flow600.00K3.75M259.70K5.00M

Gander Gold Corp. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.08
Price Trends
50DMA
0.09
Negative
100DMA
0.11
Negative
200DMA
0.13
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
37.46
Neutral
STOCH
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GAND, the sentiment is Negative. The current price of 0.08 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.09, and below the 200-day MA of 0.13, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.46 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GAND.

Gander Gold Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
MUMUX
60
Neutral
$591.16M3.61-6.15%-2.18%-137.21%
TSBRC
47
Neutral
C$176.77M-164.77%-100.71%
44
Neutral
C$961.63M-6.69-13.73%2.61%17.55%-32.57%
TSELO
36
Underperform
C$140.07M-6.55%13.39%
30
Underperform
-177.22%-4661.10%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:GAND
Gander Gold Corp.
0.08
-0.32
-80.00%
MUX
McEwen Mining
10.95
1.66
17.87%
TSE:ELO
Eloro Resources
1.48
0.35
30.97%
TSE:BRC
Blackrock Silver
0.56
0.28
100.00%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 02, 2025