Kalo Gold Holdings (KALO) AI Stock Analysis

• Market Cap: C$33.97M
• Dividend Yield: N/A
• Average Volume (3M): 1.08M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.56
• Revenue Growth: N/A
• EPS Growth: -58.16%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 111,370,410
• 10 Day Avg. Volume: 603,280
• 30 Day Avg. Volume: 1,076,681
• PEG Ratio: 0.14
• Price to Book (P/B): 16.23
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -18.85
• 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: 49 Neutral
• Price Target: C$0.32 ▲(6.00% Upside)

The score is held back primarily by weak financial performance (no revenue, ongoing losses, and accelerating cash burn). Technicals are mixed/neutral and valuation is constrained by negative earnings. Offsetting these, recent financings and positive exploration developments modestly improve the near-term outlook.

Positive Factors

Exploration Initiatives

The upsizing of the private placement indicates strong market interest and provides additional capital for exploration, enhancing the company's potential to discover valuable gold deposits and improve its market position.

Licence Renewal

The renewal of the exploration licence allows Kalo Gold to continue its activities at the Coqeloa site, ensuring ongoing exploration efforts and potentially leading to significant gold discoveries, which could strengthen its competitive position.

High-Priority Targets

Identifying high-priority targets demonstrates Kalo Gold's strategic focus on leveraging geological data to enhance exploration success, potentially leading to significant resource discoveries and long-term growth.

Negative Factors

Revenue Generation Issues

Consistent lack of revenue generation highlights operational challenges and raises concerns about the company's ability to achieve profitability and sustain its exploration activities without external funding.

Negative Cash Flow

Negative cash flow indicates liquidity issues, limiting Kalo Gold's ability to invest in exploration and growth, potentially hindering its long-term operational sustainability and financial stability.

Financial Vulnerability

Periods of negative equity and reliance on external financing underscore financial instability, posing risks to Kalo Gold's ability to sustain operations and invest in future growth initiatives.

Kalo Gold Holdings Business Overview & Revenue Model

Company Description

Kalo Gold Holdings Corp. engages in exploration of minerals. Its principal project is Vatu Aurum Gold Project located in Fiji's North Island, Vanua Levu. It holds two mineral exploration licenses covering over 36,700 hectares of land and gold deposits in the Southwest Pacific Ring of Fire. The company was incorporated in 2020 and is based in Vancouver, Canada.

How the Company Makes Money

Kalo Gold Holdings makes money through the exploration and potential development of its mineral properties. The company's revenue model involves discovering viable gold deposits and either selling these assets to larger mining companies or developing them into operational mines. Revenue streams include proceeds from the sale or joint ventures of mining rights and properties. Kalo Gold may also generate income from strategic partnerships or agreements that provide funding or resources in exchange for a share of future profits. The company's earnings are significantly influenced by the global gold market prices, exploration success, and efficient management of operational costs.

Kalo Gold Holdings Financial Statement Overview

Summary

Kalo Gold Holdings faces substantial financial challenges with consistent revenue generation issues, leading to negative profitability metrics. Although the balance sheet benefits from zero debt, negative equity periods and cash flow constraints highlight financial vulnerability and reliance on external financing.

Income Statement

Kalo Gold Holdings has faced consistent challenges in generating revenue, as evidenced by zero revenue figures across the analyzed periods. The lack of revenue contributes to negative profit margins, with significant net losses reported annually. The company's EBIT and EBITDA margins are also deeply negative, suggesting operational inefficiencies and high operating expenses relative to nonexistent revenue. This ongoing trend indicates significant financial distress and raises concerns about the company's ability to achieve profitability.

Balance Sheet

The company's balance sheet reflects a relatively stable position with no debt, resulting in a Debt-to-Equity ratio of zero. However, the Stockholders' Equity has fluctuated, with periods of negative equity indicating potential solvency issues. The Equity Ratio has improved in recent periods, suggesting a slight recovery in financial stability. Despite the absence of debt, the company’s limited asset base and historical net losses pose significant concerns for future growth and stability.

Cash Flow

Kalo Gold Holdings experiences negative operating and free cash flows, highlighting liquidity challenges. While financing activities have provided some cash influx, reliance on external financing is unsustainable long-term. The lack of positive free cash flow growth and negative operating cash flow to net income ratios underscore the company's struggles to generate cash from operations, which could hinder its ability to invest and grow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-33.20K	-38.46K	-35.22K	-36.15K	-26.20K	-10.89K
EBITDA	-2.38M	-4.96M	-1.84M	―	-2.70M	-3.63M
Net Income	-2.91M	-5.00M	-1.87M	-3.50M	-2.72M	-5.87M
Balance Sheet
Total Assets	3.65M	4.01M	1.45M	1.19M	454.69K	680.37K
Cash, Cash Equivalents and Short-Term Investments	3.08M	3.18M	1.19M	453.47K	70.61K	420.99K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	726.34K	1.64M	524.84K	651.63K	750.20K	179.30K
Stockholders Equity	2.93M	2.37M	925.34K	537.55K	-295.52K	501.06K
Cash Flow
Free Cash Flow	-2.06M	-3.31M	-796.89K	-1.60M	-2.21M	-2.89M
Operating Cash Flow	-2.06M	-3.12M	-796.89K	-1.57M	-2.10M	-2.83M
Investing Cash Flow	2.02K	-177.48K	90.40K	-25.93K	-97.44K	2.85M
Financing Cash Flow	5.38M	5.31M	1.45M	2.03M	1.85M	112.42K

Kalo Gold Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.30
• 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:KALO, the sentiment is Negative. The current price of 0.3 is below the 20-day moving average (MA) of 0.31, below the 50-day MA of 0.34, and above the 200-day MA of 0.30, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.42 is Neutral, neither overbought nor oversold. The STOCH value of 78.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:KALO.

Kalo Gold Holdings 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%
HWG	53 Neutral	C$59.24M	-47.06	-19.38%	―	―	69.15%
KALO	49 Neutral	C$33.97M	-3.70	-201.31%	―	―	-58.16%
RDU	49 Neutral	C$19.09M	-13.41	-88.09%	―	―	21.15%
OMM	48 Neutral	C$18.35M	-5.74	-58.36%	―	―	-23.23%
AUAU	39 Underperform	C$85.61M	-19.74	-6.43%	―	―	-216.92%

Kalo Gold Holdings Corporate Events

Kalo Gold Launches District-Scale Airborne Geophysics and LiDAR Survey at Fiji’s Vatu Aurum Project

Kalo Gold Corp. has initiated a major district-scale helicopter-borne airborne geophysics and LiDAR survey over its 100%-owned Vatu Aurum Project in Fiji, covering approximately 5,700 line-kilometres. Executed by Pioneer Exploration Consultants, the high-resolution magnetic, radiometric, LiDAR and orthophotography program aims to refine structural interpretation, map lithology and alteration, and identify and rank structural corridors and feeder zones. The data will be processed in real time, integrated into Kalo’s geological model, and used to prioritize drill targets and shape the company’s 2026 drilling campaign, marking a significant step in de-risking and systematically advancing its district-scale epithermal gold exploration in Fiji.

The most recent analyst rating on (TSE:KALO) stock is a Hold with a C$0.32 price target. To see the full list of analyst forecasts on Kalo Gold Holdings stock, see the TSE:KALO Stock Forecast page.

Kalo Gold Raises C$10.48 Million in First Tranche of Financing to Advance Vatu Aurum Project

Kalo Gold Corp. has closed the first tranche of its previously announced non-brokered Listed Issuer Financing Exemption offering and concurrent private placement, raising a combined C$10.48 million through the issuance of 32,759,375 units at C$0.32 per unit. Each unit comprises one common share and one-half of a warrant exercisable at C$0.50 for 36 months, with LIFE Offering securities freely tradable in Canada and Concurrent Offering securities subject to a four-month hold. The company plans to use the proceeds to fund drilling and exploration at its Vatu Aurum Project in addition to working capital, marketing and general corporate purposes, while noting that further tranches may be completed subject to TSX Venture Exchange and regulatory approvals; an insider participated for approximately C$500,000, structured under available related-party transaction exemptions.

Kalo Gold Sets December 23 Effective Date for 4-for-1 Share Consolidation

Kalo Gold Corp. will proceed with a 4-for-1 consolidation of its common shares effective December 23, 2025, reducing the number of issued and outstanding shares to approximately 78.6 million while leaving its corporate name unchanged and assigning new CUSIP and ISIN identifiers to the post-consolidation stock. The share consolidation will proportionately adjust the terms of all outstanding convertible securities and requires registered shareholders holding physical certificates to exchange them through the company’s transfer agent, a move that is typically aimed at tightening the capital structure and potentially improving the company’s trading profile on the TSX Venture Exchange.

Kalo Gold Corp. Secures C$15.5 Million for Fiji Exploration

Kalo Gold Corp. has announced a C$15.5 million non-brokered private placement to accelerate exploration at its Vatu Aurum Project in Fiji. The funds will be used for drilling, exploration, and general corporate purposes. This strategic move aims to enhance the company’s operational capabilities and strengthen its position in the gold exploration industry.

Kalo Gold Confirms Gold Presence and Prepares for Deeper Drilling in 2026

Kalo Gold Corp. has confirmed the presence of gold in surface silica caps and validated the preserved vertical architecture of the epithermal system along the Namalau Trend, providing direct vectors for deeper drilling in 2026. This confirmation, based on advanced mineralogical analysis, supports the company’s geological model and reduces geological risk, strengthening the technical foundation for targeting deeper structural conduits. The findings are significant as they indicate minimal erosion of the epithermal system, suggesting that high-grade gold zones likely remain intact at depth, making them attractive targets for future exploration.

Kalo Gold Identifies New Epithermal Gold System at Wainikoro

Kalo Gold Corp. has identified a potential new epithermal gold system at Wainikoro, part of its Vatu Aurum Project in Fiji. This discovery, which shows geological and geochemical similarities to the nearby Aurum Prime, underscores the district-scale gold potential of the Nubu Graben corridor. The company’s 2025 fieldwork has confirmed the presence of preserved clay-silica lithocaps and a robust geochemical halo, indicating a vertically intact epithermal system. This development positions Wainikoro as a high-priority exploration area, with plans for expanded geological mapping and advanced geochemical analysis to refine drill targets. The announcement highlights Kalo’s strategic focus on leveraging advanced technology for efficient exploration, potentially enhancing its industry positioning and offering significant implications for stakeholders.

Kalo Gold Unveils Bonanza-Grade Gold Discovery at Vatu Aurum Project

Kalo Gold Corp. has announced a significant discovery at its Vatu Aurum Project in Fiji, where its Phase 1 drilling program has intersected bonanza-grade gold mineralization at the Qiriyaga Complex. This discovery validates Kalo’s geological model and confirms the presence of a high-temperature epithermal system, highlighting the potential for district-scale gold deposits. The company is now advancing to Phase 2 drilling to expand the high-grade zone and test additional targets, which could enhance its industry positioning and provide substantial opportunities for stakeholders.