Mongoose Mining Ltd. (MNG) AI Stock Analysis

• Market Cap: C$2.61M
• Dividend Yield: N/A
• Average Volume (3M): 4.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.46
• Revenue Growth: N/A
• EPS Growth: 33.33%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.00
• Shares Outstanding: 34,750,294
• 10 Day Avg. Volume: 8,676
• 30 Day Avg. Volume: 4,013
• PEG Ratio: 167.32
• Price to Book (P/B): -2.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.69
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 35 Underperform
• Price Target: ―

Mongoose Mining Ltd.'s overall stock score is significantly impacted by its financial instability, primarily due to a lack of revenue and negative cash flow trends. While it has a positive balance sheet without debt, these strengths are overshadowed by operational challenges. Technical indicators suggest potential short-term oversold conditions, but the negative valuation metrics raise concerns about the stock's attractiveness.

Positive Factors

Debt-Free Balance Sheet

Having no debt provides Mongoose Mining with financial flexibility and reduces interest burden, allowing focus on operational improvements.

Strong Equity Position

A strong equity position enhances financial stability and can support future investments or expansions without immediate external financing.

Advanced Mining Technologies

Utilizing advanced technologies can increase efficiency and reduce costs, potentially improving long-term profitability and sustainability.

Negative Factors

Lack of Revenue Generation

The absence of revenue generation is a critical issue, indicating operational challenges and the need for strategic shifts to achieve profitability.

Negative Cash Flow Trends

Negative cash flow trends highlight liquidity risks and could hinder the company's ability to invest in growth or cover operational costs.

Declining Asset and Equity Trends

A decline in assets and equity suggests potential operational inefficiencies and challenges in sustaining growth, impacting long-term viability.

Mongoose Mining Ltd. Business Overview & Revenue Model

Company Description

Mongoose Mining Ltd., a mineral exploration company, engages in the acquisition and exploration of mineral properties in Canada. The company explores for gold, cobalt, and copper, as well as iron oxide deposits. It primarily focuses on the Cobequid Highlands project comprising 39 licenses with 923 claims covering an area of approximately 14,768 hectares located in Londonderry, Nova Scotia. Mongoose Mining Ltd. is based in Toronto, Canada.

How the Company Makes Money

Mongoose Mining Ltd. generates revenue through the sale of extracted minerals. The company mines ores containing precious and base metals, processes them into refined products, and sells these commodities in international markets. Key revenue streams include the sale of gold, copper, and nickel, which are traded based on global market prices. MNG may also enter into strategic partnerships and long-term contracts with smelting and refining companies to ensure consistent demand and pricing for its products. Additionally, the company might benefit from joint ventures or collaborations with other mining firms to expand its operational capabilities and resource base.

Mongoose Mining Ltd. Financial Statement Overview

Summary

Mongoose Mining Ltd. faces substantial financial challenges due to its inability to generate revenue, with a score of 10 for the income statement, 55 for the balance sheet, and 20 for cash flow. While debt-free, negative cash flows and declining assets are serious concerns.

Income Statement

Mongoose Mining Ltd. shows no revenue generation over the analyzed periods, resulting in consistent negative net income and EBIT. This absence of revenue and profitability is a significant concern, highlighting a lack of operational revenue streams.

Balance Sheet

The company has no debt, which is a positive aspect, and it maintains a strong equity position relative to its assets, with an equity ratio of roughly 78% in the latest TTM. However, the declining trend in total assets and equity over recent years suggests potential challenges in maintaining growth or operational efficiency.

Cash Flow

Negative trends in cash flow are evident, with significant negative free cash flow in the latest period. The operating cash flow is also negative, and free cash flow growth is unfavorable, highlighting cash management issues and potential liquidity risks.

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	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-41.30K	0.00	-25.48K	113.86K	-740.14K	-64.34K
Net Income	-64.78K	―	-193.00K	-177.00K	-1.10M	-95.85K
Balance Sheet
Total Assets	12.74K	14.86K	1.56M	1.61M	1.79M	383.84K
Cash, Cash Equivalents and Short-Term Investments	1.85K	1.72K	61.84K	85.21K	1.13M	331.51K
Total Debt	0.00	0.00	0.00	0.00	0.00	65.93K
Total Liabilities	362.25K	336.95K	333.38K	272.80K	389.13K	23.83K
Stockholders Equity	-349.51K	-322.09K	1.22M	1.34M	1.40M	360.01K
Cash Flow
Free Cash Flow	-14.06K	-60.13K	-23.37K	-254.32K	-260.19K	-51.91K
Operating Cash Flow	-14.06K	-60.13K	-23.37K	-254.32K	-260.19K	-51.91K
Investing Cash Flow	7.25K	0.00	-42.42K	-789.27K	445.60K	-29.21K
Financing Cash Flow	0.00	0.00	0.00	0.00	940.43K	64.31K

Mongoose Mining Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MNG, the sentiment is Positive. The current price of 0.08 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.05, and above the 200-day MA of 0.04, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 75.12 is Negative, neither overbought nor oversold. The STOCH value of 96.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MNG.

Mongoose Mining Ltd. 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%
FWM	45 Neutral	C$1.00M	-3.95	-82.62%	―	―	42.77%
MNG	35 Underperform	C$2.61M	-41.67	-13.94%	―	―	33.33%
KLM	31 Underperform	C$456.21K	-0.59	-175.80%	―	―	13.78%

Mongoose Mining Ltd. Corporate Events

Mongoose Mining Pivots Exploration Strategy Toward Natural Hydrogen in Nova Scotia

Mongoose Mining Ltd. has approved a strategic shift in its exploration and evaluation activities, moving its primary focus from Iron-Oxide-Copper-Gold mineral systems to assessing natural (geologic) hydrogen potential within its existing Nova Scotia land package. The refocus is driven by geological features identified in historical work that align with emerging models for natural hydrogen systems, the ability to reinterpret extensive legacy IOCG datasets through a hydrogen-focused lens, and a supportive market and regulatory environment in Canada for hydrogen-related energy initiatives. The company will prioritize target refinement, the design of a staged and cost-efficient hydrogen confirmation program, and engagement with technical specialists, while retaining its mineral tenure and IOCG data to preserve optionality and enhance evaluation of subsurface hydrogen systems. Mongoose underlines that hydrogen exploration remains speculative and that no subsurface hydrogen accumulations have yet been confirmed on its properties.

Mongoose Mining Closes $130,000 Private Placement to Boost Exploration Efforts

Mongoose Mining Ltd. has successfully closed a non-brokered private placement, raising $130,000 in total gross proceeds. The funds will be used to support exploration and advancement of the company’s projects in Atlantic Canada, with flow-through shares qualifying for a 30% tax credit under the federal Critical Mineral Exploration Tax Credit. This move is expected to bolster Mongoose’s exploration efforts and potentially enhance its market position in the Canadian mineral exploration sector.