Headwater Gold (HWG) AI Stock Analysis

• Market Cap: $39.60M
• Dividend Yield: N/A
• Average Volume (3M): 79.18K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.39
• Revenue Growth: N/A
• EPS Growth: -1111.94%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 70,714,110
• 10 Day Avg. Volume: 90,487
• 30 Day Avg. Volume: 79,176
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.16
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -27.59
• Enterprise Value/Ebitda: -1.53
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: ―

Headwater Gold's overall stock score is constrained by significant financial weaknesses, including no revenue and ongoing losses, which are only partially offset by stable balance sheet metrics. Technical indicators suggest neutral market momentum, but the valuation is hindered by a negative P/E ratio. However, positive corporate events, such as acquisitions and successful drilling results, provide potential growth opportunities.

Headwater Gold Business Overview & Revenue Model

Company Description

Headwater Gold Inc. engages in the acquisition and exploration of precious metal properties in the United States. The company primarily explores for gold. It holds interests in properties located in the states of Idaho, Nevada, Oregon, and Utah. The company was incorporated in 2019 and is based in Vancouver, Canada.

How the Company Makes Money

Headwater Gold makes money primarily through the exploration and development of gold properties with the potential for significant mineral deposits. The company generates revenue by discovering economically viable gold resources, which can then be sold, joint ventured, or developed into producing mines. Key revenue streams include proceeds from the sale of mineral rights, exploratory partnerships with larger mining companies, and potential future gold production revenues. Significant partnerships with industry players can enhance exploration capabilities and provide access to additional funding, contributing to the company's earnings.

Headwater Gold Financial Statement Overview

Summary

Headwater Gold is facing significant financial headwinds, with no revenue generation and consistent operational losses. While balance sheet positions are relatively stable, the lack of cash generation and high operational expenses pose risks to financial sustainability. Strategic adjustments are critical for improving financial health.

Income Statement

The company has consistently reported no revenue, indicating the absence of sales operations. The gross and net profit margins are negative, reflecting operational losses. The TTM (Trailing-Twelve-Months) shows a significant net loss, further demonstrating financial challenges.

Balance Sheet

The company maintains a reasonable equity position with a positive equity ratio. However, the debt-to-equity ratio is low, indicating limited leverage, which could be a concern for growth financing. The overall financial stability is moderate, with a declining stockholders' equity trend.

Cash Flow

The cash flow statement reveals negative free cash flow, indicating cash outflows exceed inflows. The operating cash flow is positive in the TTM, but the free cash flow remains challenging, signaling potential liquidity issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-228.31K	-220.38K	-237.00K	-133.00K	-67.46K	0.00
EBITDA	-4.11M	-3.93M	472.12K	-583.00K	-3.18M	-627.00K
Net Income	-4.37M	-4.18M	210.68K	-1.03M	-3.06M	1.19M
Balance Sheet
Total Assets	10.26M	11.28M	10.69M	8.77M	5.78M	9.07M
Cash, Cash Equivalents and Short-Term Investments	2.18M	2.74M	5.00M	4.35M	2.05M	3.35M
Total Debt	179.76K	232.73K	200.95K	335.68K	110.40K	110.40K
Total Liabilities	4.12M	4.73M	2.30M	815.16K	269.69K	679.36K
Stockholders Equity	6.14M	6.56M	8.40M	7.96M	5.51M	8.39M
Cash Flow
Free Cash Flow	-452.20K	-426.28K	930.69K	-393.89K	-1.22M	-1.66M
Operating Cash Flow	-453.20K	-416.02K	1.00M	-349.06K	-1.16M	-438.34K
Investing Cash Flow	-241.22K	653.81K	2.87M	-3.02M	-1.72M	-1.50M
Financing Cash Flow	1.47M	1.48M	-186.36K	3.32M	-233.63K	5.99M

Headwater Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.61
• 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:HWG, the sentiment is Positive. The current price of 0.61 is above the 20-day moving average (MA) of 0.55, above the 50-day MA of 0.44, and above the 200-day MA of 0.27, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 59.98 is Neutral, neither overbought nor oversold. The STOCH value of 42.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:HWG.

Headwater Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
WG	59 Neutral	C$24.63M	―	-15.69%	―	―	19.50%
HWG	46 Neutral	$39.60M	―	-60.05%	―	―	-1111.94%
KALO	45 Neutral	C$24.84M	―	-201.31%	―	―	3.29%
PMC	38 Underperform	C$11.10M	14.29	-55.36%	―	―	―
OMM	36 Underperform	C$14.42M	―	-53.79%	―	―	-16.22%

Headwater Gold Corporate Events

Headwater Gold Expands Portfolio with Jake Creek Acquisition

Headwater Gold Inc. has acquired a 100% interest in the Jake Creek epithermal gold project in Northern Nevada, a region known for its rich gold deposits. The project, which is located along the Northern Nevada Rift, shows significant potential for high-grade gold mineralization based on historical drilling results. This acquisition enhances Headwater’s portfolio by adding a promising exploration opportunity in a prolific gold belt, potentially benefiting stakeholders by increasing the company’s resource base and market positioning.

Headwater Gold Expands High-Grade Mineralization at Spring Peak Project

Headwater Gold Inc. announced the successful results of its 2024 drill program at the Spring Peak project in Nevada, funded by Newcrest Resources Inc., a subsidiary of Newmont Corporation. The program revealed significant gold mineralization in new target areas, including the Shadow and Southpaw targets, and expanded the known extent of high-grade mineralization. The results underscore the potential for further discoveries and the strategic importance of the Bear Fault corridor, where Headwater controls a significant strike extent. These developments are poised to enhance Headwater’s exploration prospects and industry positioning.

Headwater Gold Unveils Encouraging Drilling Results from Nevada’s TJ Project

Headwater Gold announced promising results from its initial drilling at the TJ project in Nevada, revealing a comprehensive low-sulfidation epithermal system. The drilling program identified significant geological structures and mineralization, indicating substantial potential for deeper high-grade gold veins, prompting plans for further exploration in 2025.