Outback Goldfields Corp (OZ) AI Stock Analysis

• Market Cap: C$20.74M
• Dividend Yield: N/A
• Average Volume (3M): 140.29K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.90
• Revenue Growth: N/A
• EPS Growth: 92.71%
• Country: CA
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 64
• Industry: Gold
• EPS (TTM): -0.15
• Shares Outstanding: 41,477,670
• 10 Day Avg. Volume: 147,613
• 30 Day Avg. Volume: 140,288
• PEG Ratio: -2.65
• Price to Book (P/B): 0.80
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.53
• 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

• Rating: 35 Underperform
• Price Target: ―

The overall stock score reflects significant financial challenges faced by Outback Goldfields Corp, primarily driven by zero revenue and negative profitability. Technical indicators provide neutral signals, indicating neither strength nor weakness in market perception. Valuation metrics are unattractive due to ongoing losses and a negative P/E ratio. Without earnings call data or notable corporate events, these factors collectively contribute to a low stock score.

Outback Goldfields Corp Business Overview & Revenue Model

Company Description

Outback Goldfields Corp (OZ) is a mineral exploration company focused on discovering and developing gold projects in the gold-rich regions of Victoria, Australia. The company operates within the mining sector, leveraging advanced exploration techniques to identify promising gold deposits. Outback Goldfields aims to create shareholder value through strategic exploration and development activities across its portfolio of properties.

How the Company Makes Money

Outback Goldfields Corp generates revenue primarily through the discovery, development, and potential sale or joint venture of gold mining projects. The company invests in exploration activities to identify high-potential gold deposits, which can then be developed into operational mines. Revenue is generated when these projects are either sold to larger mining companies, developed into producing mines, or through partnerships and joint ventures that provide funding for further exploration and development. These partnerships can also include royalty agreements or shareholding arrangements with other mining entities, contributing to the company's earnings.

Outback Goldfields Corp Financial Statement Overview

Summary

Outback Goldfields Corp is facing significant financial challenges with zero revenue and ongoing losses. While the balance sheet shows strong equity and no debt, the lack of income and negative cash flows highlight operational and sustainability concerns. The company needs a strategic pivot towards revenue generation to improve financial health and viability.

Income Statement

Outback Goldfields Corp has reported zero revenue over the periods analyzed, reflecting a lack of sales which is critical for a mining company. The company has consistently posted net losses, with no revenue growth. Margins like EBIT and EBITDA are negative, indicating operational inefficiencies and continued financial strain with no apparent path to profitability in the short term.

Balance Sheet

The company maintains a positive equity position with no debt, which is a sign of financial prudence. The equity ratio is high, signifying a strong capital structure. However, the absence of revenue and persistent losses erode the potential strengths of this balance sheet, as the company might struggle to sustain operations without external funding or revenue generation.

Cash Flow

Free cash flow remains negative, and the operating cash flow is unable to cover net income losses, indicating poor cash management and operational inefficiencies. The company has relied on financing activities in some periods to manage liquidity, which is unsustainable without revenue. The lack of free cash flow growth highlights potential liquidity risks.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-5.79K	―	-8.90K	-2.66K	0.00
EBITDA	-800.01K	-12.25M	-2.73M	-2.99M	-310.71K
Net Income	-805.81K	-12.25M	-2.74M	-2.99M	-310.84K
Balance Sheet
Total Assets	16.70M	15.11M	27.14M	29.58M	148.49K
Cash, Cash Equivalents and Short-Term Investments	83.68K	1.31M	3.06M	6.80M	130.98K
Total Debt	0.00	0.00	0.00	0.00	27.00K
Total Liabilities	115.98K	139.71K	73.04K	406.23K	40.27K
Stockholders Equity	16.59M	14.97M	27.07M	29.17M	108.22K
Cash Flow
Free Cash Flow	-951.53K	-900.44K	-3.75M	-3.72M	-83.89K
Operating Cash Flow	-951.03K	-900.44K	-1.95M	-1.98M	-64.58K
Investing Cash Flow	-277.65K	-843.85K	-1.80M	-2.17M	-19.31K
Financing Cash Flow	0.00	0.00	0.00	10.82M	0.00

Outback Goldfields Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:OZ, the sentiment is Positive. The current price of 0.5 is above the 20-day moving average (MA) of 0.46, above the 50-day MA of 0.34, and above the 200-day MA of 0.35, indicating a bullish trend. The MACD of 0.06 indicates Positive momentum. The RSI at 57.12 is Neutral, neither overbought nor oversold. The STOCH value of 14.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:OZ.

Outback Goldfields Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WDO	73 Outperform	C$2.57B	13.60	34.73%	―	80.44%	3757.72%
Sector *	59 Neutral	C$1.27B	-2.56	-8.19%	4.91%	10.84%	-18.98%
OZ	35 Underperform	C$20.74M	―	-12.76%	―	―	92.71%

Outback Goldfields Corp Corporate Events

Valkea Resources Completes Initial Drilling at Finnish Gold Project

Valkea Resources Inc. has completed its inaugural drill program at the Paana Project in Central Lapland, Finland. The program involved over 2,000 meters of core drilling aimed at assessing the potential for high-grade gold mineralization at the Aarnivalkea West target. This strategic initiative is part of Valkea’s Phase 1 exploration strategy, with assay results expected in February. The completion of this drilling marks a significant step in refining Valkea’s structural model and identifying further opportunities within the Paana project, thereby strengthening its position in the gold exploration market.