Outcrop Gold Corp (OCG) AI Stock Analysis

• Market Cap: C$243.23M
• Dividend Yield: N/A
• Average Volume (3M): 1.28M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.74
• Revenue Growth: N/A
• EPS Growth: -28.64%
• Country: CA
• Employees: 80
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): N/A
• Shares Outstanding: 467,756,400
• 10 Day Avg. Volume: 1,481,469
• 30 Day Avg. Volume: 1,281,101
• PEG Ratio: 249.21
• Price to Book (P/B): 3.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.11
• 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: 37 Underperform
• Price Target: ―

Outcrop Gold Corp's overall stock score reflects substantial financial challenges with no revenue and ongoing losses. Technical indicators suggest a bearish trend, compounded by unfavorable valuation metrics. Despite positive corporate developments, the stock remains a high-risk investment, primarily for those optimistic about future exploration success.

Positive Factors

High-Grade Discoveries

The discovery of high-grade mineralization at the Santa Ana project enhances Outcrop Gold's resource base, supporting long-term growth and value creation.

Successful Financing

Securing $7.5 million in financing strengthens Outcrop Gold's capital for project development, indicating investor confidence and supporting future exploration activities.

Leadership Changes

New leadership, including a new CEO and Chair, aims to enhance operational focus and sustainable development, potentially driving strategic growth and shareholder value.

Negative Factors

Financial Instability

The lack of revenue and persistent losses highlight financial instability, posing risks to long-term viability and reliance on external financing.

Negative Cash Flow

Negative operating cash flow suggests ongoing cash burn, which can strain resources and hinder Outcrop Gold's ability to sustain operations without additional funding.

Declining Equity Ratio

A declining equity ratio indicates erosion of financial stability, potentially limiting Outcrop Gold's ability to leverage its equity for future growth opportunities.

Outcrop Gold Corp Business Overview & Revenue Model

Company Description

Outcrop Silver & Gold Corporation engages in the acquisition and exploration of mineral properties in Colombia. It primarily explores for gold, silver, and copper deposits. The company's flagship property is the Santa Ana project covering an area of approximately 25,000 hectares located in northern Tolima Department, Colombia. The company was formerly known as Outcrop Gold Corp. and changed its name to Outcrop Silver & Gold Corporation in June 2021. Outcrop Silver & Gold Corporation was founded in 1993 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Outcrop Gold Corp generates revenue through the exploration and development of gold and silver mining projects. Its primary revenue stream comes from the discovery and subsequent sale or joint venture of mineral deposits. The company invests in geological surveys, drilling programs, and feasibility studies to identify viable mining sites. Upon proving the economic potential of a site, Outcrop may sell the project to a larger mining company or enter into joint ventures to advance the project towards production. Additionally, Outcrop Gold Corp may generate income through strategic partnerships and alliances with other mining entities, leveraging shared resources and expertise to maximize exploration success.

Outcrop Gold Corp Financial Statement Overview

Summary

Outcrop Gold Corp faces significant financial challenges with no revenue and ongoing losses. Despite a strong equity base and no debt, continuous cash burn and negative net income suggest a precarious financial position reliant on external financing.

Income Statement

Outcrop Gold Corp shows consistent negative net income with no revenue generation, reflecting a challenging position typical in early-stage mining companies. The lack of revenue and persistent losses indicate limited financial sustainability in the short-term.

Balance Sheet

The company maintains a strong equity position with no debt, which is a positive sign in terms of leverage. However, the continued net losses are eroding equity, and the equity ratio is declining over time, which is a potential concern for financial stability.

Cash Flow

Operating cash flows remain negative, with free cash flow also in the red, indicating cash burn. Despite successful financing activities providing liquidity, the lack of positive operating cash flow is a risk for long-term viability.

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	-34.48K	-73.55K	-58.61K	-27.10K	-28.27K	-27.03K
EBITDA	-15.58M	-10.24M	-9.38M	-11.38M	-12.82M	-5.00M
Net Income	-15.53M	-10.31K	-9.44M	-11.41M	-12.85M	-5.03M
Balance Sheet
Total Assets	20.91M	14.85M	8.93M	6.00M	9.42M	10.95M
Cash, Cash Equivalents and Short-Term Investments	6.42M	1.12M	3.23M	1.24M	4.45M	5.96M
Total Debt	0.00	1.71K	16.69K	27.62K	0.00	0.00
Total Liabilities	579.42K	1.06M	507.73K	851.93K	675.57K	532.08K
Stockholders Equity	20.33M	13.80M	8.42M	5.15M	8.74M	10.42M
Cash Flow
Free Cash Flow	-14.42M	-8.74M	-8.81M	-10.03M	-10.06M	-4.22M
Operating Cash Flow	-13.86M	-8.21M	-8.76M	-9.98M	-10.01M	-3.65M
Investing Cash Flow	-333.71K	-631.77K	-43.90K	-46.78K	-43.22K	-567.25K
Financing Cash Flow	16.95M	6.73M	10.79M	6.86M	8.57M	10.00M

Outcrop Gold Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.56
• 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:OCG, the sentiment is Positive. The current price of 0.56 is above the 20-day moving average (MA) of 0.47, above the 50-day MA of 0.40, and above the 200-day MA of 0.31, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 65.12 is Neutral, neither overbought nor oversold. The STOCH value of 63.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:OCG.

Outcrop Gold Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SM	65 Neutral	C$333.94M	415.52	2.04%	―	694.29%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AGMR	57 Neutral	C$242.56M	-6.63	-9.95%	―	―	-285.42%
CKG	56 Neutral	C$274.32M	-75.04	-2.40%	―	―	14.96%
CAPT	48 Neutral	C$275.00M	-159.85	-6.80%	―	―	14.37%
OCG	37 Underperform	C$243.23M	-11.91	-114.33%	―	―	-28.64%

Outcrop Gold Corp Corporate Events

Outcrop Silver Marks Major Milestones in 2025 and Plans Resource Expansion in 2026

Outcrop Silver & Gold Corporation has achieved several key milestones in 2025, including surpassing its drilling targets at the Santa Ana project, securing major vein extensions, and increasing its discovery inventory, demonstrating the asset’s scale and continuity. The company also completed a significant financing round, elevated its market position by graduating to the Toronto Stock Exchange, and delivered remarkable shareholder returns, with plans in 2026 to update resources, expand exploration, and strengthen its presence in U.S. capital markets.

Outcrop Silver Extends Aguilar Vein and Identifies New High-Grade Shoots

Outcrop Silver & Gold Corporation has announced significant advancements in its exploration efforts at the Santa Ana project in Colombia. The recent drilling results have extended the Aguilar vein system by 450 meters to the south, revealing high-grade silver mineralization in previously unexplored areas. This expansion supports the potential discovery of new high-grade shoots and reinforces the company’s strategy for resource growth ahead of its Q1 2026 mineral resource update. The findings highlight the complex structural architecture of the vein system, indicating multiple mineralizing events and the presence of distinct mineralized shoots, which are expected to enhance the company’s resource model and industry positioning.

Outcrop Silver Graduates to Toronto Stock Exchange

Outcrop Silver & Gold Corporation has announced its graduation from the TSX Venture Exchange to the Toronto Stock Exchange, effective November 18, 2025. This move is expected to enhance the company’s market visibility and accessibility to a broader range of investors, potentially impacting its operations and industry positioning positively.

Outcrop Silver Secures Conditional Approval for TSX Listing

Outcrop Silver & Gold Corporation has received conditional approval to list its common shares on the Toronto Stock Exchange, transitioning from the TSX Venture Exchange. This move is expected to enhance the company’s visibility and market positioning, as it continues to focus on its flagship Santa Ana silver project in Colombia, aiming to become a significant player in the silver production industry.