Gander Gold Corp. (GAND) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 8.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.57
• Revenue Growth: N/A
• EPS Growth: -4661.10%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Gold
• EPS (TTM): -0.03
• Shares Outstanding: 9,512,327
• 10 Day Avg. Volume: 6,816
• 30 Day Avg. Volume: 8,575
• PEG Ratio: 0.45
• Price to Book (P/B): 1.42
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.69
• 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: 30 Underperform
• 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. Business Overview & Revenue Model

Company Description

Gander Gold Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. The company has eight gold-focused projects, which comprising 9,032 claims and covering 2,257 square kilometers in Newfoundland. It has option agreement to acquire a 100% interest in the Gander North project, the Gander South project, the Little River project, the Hermitage project, the Carmanville project, the Cape Ray project, and the Mount Peyton project, as well as the Botwood, the Laurenceton, Thwart Island (BLT) project located in Newfoundland. The company was incorporated in 2021 and is headquartered in Vancouver, Canada. Gander Gold Corporation is a subsidiary of Sassy Gold Corp.

How the Company Makes Money

Gander 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

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

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

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.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00
	EBIT
-304.50K	-1.01M	-1.07M	-1.22M	-25.66K
	EBITDA
-10.11M	-10.28M	-1.07M	-1.22M	-25.15K
	Net Income Common Stockholders
-10.18M	-10.32M	-1.46M	-1.22M	-25.15K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.11M	29.11K	573.44K	4.42M	4.42M
	Total Assets
12.37M	2.27M	11.93M	7.86M	7.86M
	Total Debt
17.06K	639.75K	0.00	2.65M	2.65M
	Net Debt
-2.09M	610.64K	-573.44K	-1.77M	-1.77M
	Total Liabilities
430.66K	950.84K	598.04K	2.89M	2.89M
	Stockholders Equity
11.94M	1.32M	11.33M	4.98M	4.98M
Cash Flow		Free Cash Flow
-158.80K	-544.57K	-1.47M	-1.22M	-548.95K
	Operating Cash Flow
-158.80K	-541.46K	-973.46K	-863.97K	-4.04K
	Investing Cash Flow
-144.85K	-602.87K	-2.90M	-3.12M	-573.86K
	Financing Cash Flow
270.06K	600.00K	3.75M	259.70K	5.00M

Gander Gold Corp. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.11
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GAND, the sentiment is Neutral. The current price of 0.11 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.11, and below the 200-day MA of 0.15, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 57.07 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:GAND.

Gander Gold Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$2.03B	-1.13	-21.36%	3.65%	2.87%	-30.54%
NEWD	36 Underperform	C$466.13K	―	-205.13%	―	―	-219.47%
NVX	32 Underperform	C$1.61M	―	-13.79%	―	―	85.92%
GAND	30 Underperform		―	-177.22%	―	―	-4661.10%
IMR		C$1.36M	―	-16.06%	―	―	―
JNCCF		$226.59K	―		―	―	―
GRYCF		$386.58K	―		―	―	―