Outback Goldfields Corp (TSE:OZ)
:OZ
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Outback Goldfields Corp
(OZ)
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Rating:41Neutral
Price Target:
C$0.36
▼(-4.47% Downside)
Action:Reiterated
Date:06/02/26
The score is primarily held down by weak financial performance (pre-revenue, large net losses, and persistent cash burn) and bearish technicals (below major moving averages with negative MACD). Valuation adds additional pressure because the company is loss-making (negative P/E) and lacks dividend support.
Positive Factors
Debt-free balance sheet
Having no debt materially lowers solvency risk and fixed obligations, giving management flexibility to fund exploration via equity or JV structures. Over 2-6 months this reduces default risk, preserves optionality for partnerships, and eases near-term liquidity pressure while cash burn continues.
Negative Factors
Persistent net losses
Large recurring net losses erode shareholder equity and require continual external funding to sustain operations. Over months this undermines financial resilience, increases dilution risk, and constrains the company’s ability to advance projects without securing material financing or a value-accretive asset sale.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Having no debt materially lowers solvency risk and fixed obligations, giving management flexibility to fund exploration via equity or JV structures. Over 2-6 months this reduces default risk, preserves optionality for partnerships, and eases near-term liquidity pressure while cash burn continues.
Read all positive factors
Outback Goldfields Corp (OZ) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$21.63M
Dividend YieldN/A
Average Volume (3M)66.77K
Price to Earnings (P/E)―
Beta (1Y)0.40
Revenue GrowthN/A
EPS Growth-253.08%
CountryCA
Employees5
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.49
Shares Outstanding56,911,194
10 Day Avg. Volume60,269
30 Day Avg. Volume66,766
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)666.09
Price to Sales (P/S)0.00
P/FCF Ratio-3.51
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Outback Goldfields Corp Business Overview & Revenue Model
Company Description
Valkea Resources Corp., headquartered in Vancouver, Canada, is an exploration firm primarily focused on identifying gold deposits. Its operations are centered in Finland's highly promising Central Lapland Greenstone Belt (CLGB). A key initiative f...
How the Company Makes Money
Outback Goldfields Corp generates revenue predominantly by identifying, exploring, and developing gold deposits. The company invests in drilling, sampling, and geological surveys to increase the value of its mining properties. Its earnings are typ...
Outback Goldfields Corp Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
52
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -2.21K | -341.00 | -5.79K | -8.02K | -8.90K | -2.66K |
| EBITDA | -13.78M | -3.35M | -800.01K | -12.25M | -2.73M | -2.99M |
| Net Income | -17.27M | -17.27M | -805.81K | -12.25M | -2.74M | -2.99M |
Balance Sheet | ||||||
| Total Assets | 14.05M | 13.66K | 16.70M | 15.11M | 27.14M | 29.58M |
| Cash, Cash Equivalents and Short-Term Investments | 2.12M | 3.95K | 2.50M | 1.31M | 3.06M | 6.80M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 171.63K | 783.00 | 115.98K | 139.71K | 73.04K | 406.23K |
| Stockholders Equity | 13.87M | 12.88K | 16.59M | 14.97M | 27.07M | 29.17M |
Cash Flow | ||||||
| Free Cash Flow | -2.14M | -2.44M | -951.53K | -900.44K | -3.75M | -3.72M |
| Operating Cash Flow | -2.20M | -1.40M | -951.03K | -900.44K | -1.95M | -1.98M |
| Investing Cash Flow | -2.29M | -3.60M | -277.65K | -843.85K | -1.80M | -2.17M |
| Financing Cash Flow | 6.48M | 8.87M | 0.00 | 0.00 | 1.17M | 10.82M |
Outback Goldfields Corp Technical Analysis
Negative
0.38
Price Trends
0.47
Negative
0.43
Negative
0.41
Negative
Market Momentum
-0.03
Positive
42.03
Neutral
49.88
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:OZ, the sentiment is Negative. The current price of 0.38 is below the 20-day moving average (MA) of 0.41, below the 50-day MA of 0.47, and below the 200-day MA of 0.41, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 42.03 is Neutral, neither overbought nor oversold. The STOCH value of 49.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:OZ.
Outback Goldfields Corp Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | C$5.91M | 4.91 | -5.66% | ― | ― | ― | |
49 Neutral | C$41.11M | 46.18 | -18.03% | ― | ― | ― | |
44 Neutral | C$11.82M | 4.77 | 19.89% | ― | ― | -313.92% | |
41 Neutral | C$21.63M | -1.26 | -114.13% | ― | ― | -253.08% | |
40 Underperform | C$11.89M | -5.04 | -19.15% | ― | ― | -431.15% |
* Basic Materials Sector Average
TSE:OZ
Outback Goldfields Corp
0.38
0.07
22.58%
TSE:XGC
Xali Gold Corp.
0.25
0.22
614.29%
TSE:ATHA
Athena Gold
0.33
-0.16
-33.20%
TSE:GDP
Golden Pursuit Resources
0.29
0.09
45.00%
TSE:LECR
Leocor Gold
0.05
0.03
117.39%
TSE:TAUR
Taurus Gold Corp.
0.09
<0.01
12.50%
Outback Goldfields Corp Corporate Events
Business Operations and StrategyExecutive/Board Changes
Valkea Resources Overhauls Leadership to Sharpen Finland Exploration Focus
Positive
Apr 14, 2026
Valkea Resources has initiated a planned leadership transition aimed at aligning its governance and management more closely with its Finnish exploration focus, appointing President Thomas Credland as Chief Executive Officer and Director, and namin...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.