Japan Gold (JG) AI Stock Analysis

• Market Cap: C$35.09M
• Dividend Yield: N/A
• Average Volume (3M): 420.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.98
• Revenue Growth: N/A
• EPS Growth: -70.25%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 305,099,200
• 10 Day Avg. Volume: 193,445
• 30 Day Avg. Volume: 420,396
• PEG Ratio: -0.22
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.37
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: C$0.13 ▲(4.17% Upside)

The score is held back primarily by the company’s pre-revenue status, widening losses, and ongoing cash burn, despite a strong no-debt balance sheet. Technical indicators are mildly weak/neutral and valuation is unattractive due to negative earnings, while recent corporate events provide a modest positive offset.

Positive Factors

Strategic Partnerships

Strategic partnerships enhance Japan Gold's exploration capabilities and financial stability, supporting long-term project development and potential revenue generation.

Leadership Enhancements

New leadership appointments aim to strengthen exploration and management, potentially improving operational efficiency and strategic focus in the gold sector.

Exploration Initiatives

The new drilling program could uncover valuable gold deposits, enhancing Japan Gold's asset base and competitive position in the gold exploration industry.

Negative Factors

Lack of Revenue

The absence of revenue poses significant profitability challenges, impacting Japan Gold's ability to cover operational costs and achieve financial sustainability.

Negative Cash Flows

Persistent negative cash flows indicate reliance on external financing, which may strain financial resources and limit long-term operational flexibility.

Sustainability Challenges

Ongoing financial sustainability challenges due to lack of revenue and reliance on financing could hinder Japan Gold's ability to transition to production and achieve profitability.

Japan Gold Business Overview & Revenue Model

Company Description

Japan Gold Corp., a mineral exploration company, engages in the exploration and evaluation of mineral properties in Japan. The company primarily explores for gold deposits. It holds a portfolio of 31 gold projects located on Hokkaido, Honshu, and Kyushu islands of Japan. The company is headquartered in Vancouver, Canada.

How the Company Makes Money

Japan Gold Corp generates revenue primarily through the exploration and potential development of gold mining projects. The company focuses on discovering and advancing gold deposits within its extensive portfolio of exploration licenses. Key revenue streams include the sale or joint development of discovered gold resources with larger mining companies, often through strategic partnerships or joint ventures. Japan Gold's partnerships with significant industry players provide additional financial resources and expertise, aiding in the exploration and potential commercialization of its gold projects. The company's earnings are significantly influenced by the success of its exploration activities, the market price of gold, and its ability to secure and maintain beneficial partnerships.

Japan Gold Financial Statement Overview

Summary

Japan Gold's financials are typical for an exploration-focused mining company, with no revenue generation and reliance on equity financing for operations. The company faces sustainability challenges due to persistent losses and negative cash flows, but maintains a solid equity position and manageable debt levels. Future success depends on transitioning from exploration to production to generate revenues.

Income Statement

The income statement reveals a consistent lack of revenue generation, with sustained negative net income. Without revenue, gross profit and margins are negative, indicating that the company is not covering its operational costs or generating any sales. This is typical for early-stage mining firms focused on exploration, but it poses significant profitability challenges.

Balance Sheet

The balance sheet shows a strong equity base with relatively low debt, reflected in a healthy debt-to-equity ratio. However, the continuous loss impacts the stockholders' equity, although it remains positive. The lack of revenue and ongoing losses may strain liquidity in the future, but the company currently maintains a reasonable asset base.

Cash Flow

The cash flow statement indicates negative operating and free cash flows, consistent with exploration activities. Although financing activities have provided cash inflows, they primarily cover operational shortfalls. The lack of positive cash flow from operations is a concern for long-term sustainability without further financing.

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	-7.25K	-4.89K	-586.00K	-5.32K	-6.44K	-3.67K
EBITDA	-5.09M	-4.01M	-2.71M	-3.82M	-3.28M	-3.54M
Net Income	-5.79M	-4.16M	-3.27M	-3.94M	-3.33M	-3.71M
Balance Sheet
Total Assets	26.35M	27.44M	28.76M	28.48M	32.37M	20.66M
Cash, Cash Equivalents and Short-Term Investments	4.90M	80.47K	1.97M	2.14M	11.95M	2.37M
Total Debt	0.00	0.00	0.00	0.00	22.42K	107.72K
Total Liabilities	486.71K	940.05K	811.91K	1.21M	1.10M	1.13M
Stockholders Equity	25.86M	26.50M	27.95M	27.27M	31.27M	19.53M
Cash Flow
Free Cash Flow	-2.93M	-3.38M	-3.25M	-3.20M	-6.57M	-6.93M
Operating Cash Flow	-2.88M	-3.28M	-3.24M	-3.08M	-2.03M	-2.67M
Investing Cash Flow	-2.53M	-1.27M	-2.83M	-6.64M	-4.29M	-4.93M
Financing Cash Flow	9.09M	2.72M	6.01M	-22.49K	16.01M	8.61M

Japan Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.12
• 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:JG, the sentiment is Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.13, and above the 200-day MA of 0.12, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.71 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:JG.

Japan 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%
WHN	55 Neutral	C$58.88M	-32.43	-3.80%	―	―	58.19%
BRW	53 Neutral	C$79.15M	-27.12	-13.12%	―	―	74.95%
GFG	52 Neutral	C$45.37M	28.85	3.36%	―	―	―
RDG	52 Neutral	C$40.57M	93.55	2.73%	―	―	―
JG	50 Neutral	C$35.09M	-5.58	-22.31%	―	―	-70.25%
USGD	45 Neutral	C$37.24M	50.00	1.86%	―	―	―

Japan Gold Corporate Events

Japan Gold Corp. Spotlighted in NHK Documentary Amid Gold Price Surge

Japan Gold Corp. was featured on NHK’s documentary series ‘Today’s Close-Up,’ highlighting the company’s role in Japan’s emerging gold exploration sector amid record-high gold prices. The program underscored Japan Gold’s strategic operations in Kyushu and its alignment with Japan’s rich mining history, positioning the country as a promising destination for gold exploration. This exposure is expected to enhance Japan Gold’s visibility and reinforce its leadership in the industry, potentially attracting more stakeholders interested in the untapped potential of Japan’s gold resources.

Japan Gold Completes Geophysical Survey to Enhance Hakuryu Project Exploration

Japan Gold Corp. has completed a 34 line-kilometre CSAMT/AMT geophysical survey at its Hakuryu Project in Hokkaido, aimed at refining drill targeting for future exploration. The survey’s high-resolution images will assist in precise drill hole location planning, building on promising 2025 drill results that indicated potential high-grade mineralization. The Hakuryu Project, part of the historic Konomai gold field, has shown continuity of mineral intersections over a 145-metre strike, suggesting a larger unexplored corridor of alteration extending over 5km.

Japan Gold Corp. Reports Successful AGM Outcomes and Strategic Appointments

Japan Gold Corp. announced the successful outcomes of its Annual General Meeting, where all proposed resolutions were approved by shareholders. The re-election of directors and the continuation of the company’s 2023 Omnibus Equity Incentive Plan were confirmed, along with the reappointment of Davidson & Company LLP as auditors. The board appointed key officers, including John Proust as Chairman and CEO. The company also reaffirmed its market-making agreement with Independent Trading Group, ensuring continued support for its market-making activities. These developments reinforce Japan Gold’s strategic direction and operational stability, potentially enhancing its industry positioning and stakeholder confidence.