Gungnir Resources (GUG) AI Stock Analysis

• Market Cap: C$2.39M
• Dividend Yield: N/A
• Average Volume (3M): 23.60K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.25
• Revenue Growth: N/A
• EPS Growth: 56.31%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 119,629,780
• 10 Day Avg. Volume: 12,800
• 30 Day Avg. Volume: 23,600
• 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: 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

Gungnir Resources is currently facing financial difficulties typical of early-stage mining companies, with no revenue and consistent losses impacting its financial performance. The technical indicators are bearish, with the stock trading below key moving averages and showing downward momentum. The lack of profitability is reflected in the negative P/E ratio, and the absence of dividend yield further emphasizes the focus on internal development over shareholder returns. Overall, the company's stability is somewhat supported by a strong equity position and lack of debt, but the need for capital raising to address negative cash flows is a significant challenge.

Gungnir Resources Business Overview & Revenue Model

Company Description

Gungnir Resources Inc. (GUG) is a Canadian-based mineral exploration company primarily engaged in the exploration and development of mineral properties. The company focuses on its projects in Sweden, which are prospective for nickel, copper, cobalt, gold, and platinum-group elements. Gungnir Resources is committed to advancing its exploration projects to discover and develop valuable mineral resources.

How the Company Makes Money

Gungnir Resources makes money primarily through the exploration and potential development of mineral resources. Its revenue model is based on discovering commercially viable mineral deposits, which can be monetized through various avenues such as selling the mineral rights, entering into joint ventures with larger mining companies, or eventually developing and operating its own mining operations. Key revenue streams include equity financing, strategic partnerships, and potential future revenues from the sale or licensing of mineral deposits. The company's earnings are significantly influenced by the success of its exploration activities, market conditions for the minerals it targets, and its ability to secure financing and partnerships to advance its projects.

Gungnir Resources Financial Statement Overview

Summary

Gungnir Resources faces financial challenges typical of early-stage mining companies with no revenue and consistent losses. The strong equity position and absence of debt provide some stability but are offset by negative cash flows and declining cash reserves, which may necessitate future capital raising. The company needs to focus on improving operational efficiencies and exploring revenue-generating opportunities.

Income Statement

Gungnir Resources has no revenue over the reported periods, leading to negative profit margins. The company is incurring significant losses, as evidenced by negative EBIT and EBITDA margins. The consistent negative net income highlights ongoing challenges in achieving profitability, typical for companies in the mining sector at early exploration stages.

Balance Sheet

The balance sheet reflects a strong equity position with no debt, resulting in a debt-to-equity ratio of zero, which is a positive indicator. The equity ratio is high, suggesting that the company is primarily financed through equity. However, diminishing cash reserves over recent periods could pose future liquidity challenges.

Cash Flow

The cash flow statement shows negative free cash flow across all periods, indicating cash outflows exceeding inflows, which is concerning. Operating cash flow is also consistently negative, reflecting cash losses from operations. The reliance on financing activities in previous years hints at potential funding needs to sustain operations.

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	0.00	0.00	0.00	0.00
	EBIT
-734.97K	-950.20K	-856.47K	-631.14K	-641.20K
	EBITDA
-734.97K	-950.20K	-856.47K	-631.14K	-641.20K
	Net Income Common Stockholders
-711.35K	-963.00K	-900.27K	-628.02K	940.27K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.31M	2.50M	1.19M	1.25M	1.56M
	Total Assets
5.08M	5.74M	3.94M	3.46M	3.38M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-1.31M	-2.50M	-1.19M	-1.25M	-1.56M
	Total Liabilities
49.50K	51.43K	50.33K	24.27K	132.49K
	Stockholders Equity
5.03M	5.69M	3.89M	3.43M	3.25M
Cash Flow		Free Cash Flow
-647.79K	-1.43M	-1.05M	-975.63K	605.87K
	Operating Cash Flow
-647.79K	-672.60K	-495.88K	-633.93K	1.05M
	Investing Cash Flow
-540.87K	-520.80K	-550.30K	-357.48K	-443.18K
	Financing Cash Flow
0.00	2.50M	990.08K	677.00K	0.00

Gungnir Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GUG, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.98 is Neutral, neither overbought nor oversold. The STOCH value of -33.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GUG.

Gungnir Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.95B	-1.37	-21.43%	3.74%	0.84%	-29.84%
AZM	48 Neutral	C$46.35M	221.74	-0.64%	―	―	88.31%
FWZ	46 Neutral	$322.71M	―	-102.13%	―	―	13.05%
RDS	42 Neutral	C$103.80M	―	-1.81%	―	―	50.00%
GUG	41 Neutral	C$2.39M	―	-11.83%	―	―	56.31%
TVI	30 Underperform	C$10.93M	―	-6.52%	―	―	85.29%

Gungnir Resources Corporate Events

Gungnir Resources Expands Swedish Gold Property

Gungnir Resources is expanding its gold property in Sweden by 92 square kilometers, adding to its existing 15,000 hectares in a region with promising gold potential. The company is eyeing further exploration and funding options to advance its gold and nickel projects, leveraging its strategic location along the prolific Gold Line. This expansion comes as gold prices reach record highs, offering a timely opportunity for potential investors.