Outback Goldfields Corp (TSE:OZ)
:OZ
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Outback Goldfields Corp
(OZ)
Select Model
Select Model
Rating:44Neutral
Price Target:
C$0.41
▲(7.11% Upside)
Action:ReiteratedDate:03/24/26
The score is held down primarily by weak financial performance (no revenue, significant losses, ongoing cash burn, and a sharp 2025 balance-sheet deterioration). Technical indicators also lean bearish with the stock trading below key moving averages and negative MACD. Valuation is difficult to support due to negative earnings and no dividend, partially offset by constructive corporate events (financing and strengthened leadership) that improve near-term execution capacity.
Positive Factors
Asset-driven exploration model
Outback’s business model is asset-centric: discovering and advancing gold projects creates optionality to monetize via sales, JV or production. That structural model can generate step-change value on discovery and enables multiple exit pathways, supporting long-term value creation if exploration succeeds.
Negative Factors
No revenue / recurring losses
As an exploration-stage company with no operating revenue and material net losses, Outback lacks internally generated income to fund programs. Structural absence of revenue means ongoing reliance on external capital and the inability to self-fund operations, constraining sustainable progress in 2–6 months.
Read all positive and negative factors
Positive Factors
Negative Factors
Asset-driven exploration model
Outback’s business model is asset-centric: discovering and advancing gold projects creates optionality to monetize via sales, JV or production. That structural model can generate step-change value on discovery and enables multiple exit pathways, supporting long-term value creation if exploration succeeds.
Read all positive factors
Outback Goldfields Corp (OZ) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$19.69M
Dividend YieldN/A
Average Volume (3M)66.77K
Price to Earnings (P/E)―
Beta (1Y)0.58
Revenue GrowthN/A
EPS Growth-230.12%
CountryCA
Employees5
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.01
Shares Outstanding50,497,890
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. engages in the gold exploration in Finland's prospective central lapland greenstone belt (CLGB). It involves in the flagship paana project, which is adjacent to Europe’s largest gold producer and hosts an existing gold disco...
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
8
Very Negative
Balance Sheet
30
Negative
Cash Flow
14
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 | -1.57K | -341.00 | -5.79K | -8.02K | -8.90K | -2.66K |
| EBITDA | -13.79M | -3.35M | -800.01K | -12.25M | -2.73M | -2.99M |
| Net Income | -17.26M | -17.27M | -805.81K | -12.25M | -2.74M | -2.99M |
Balance Sheet | ||||||
| Total Assets | 12.27M | 13.66K | 16.70M | 15.11M | 27.14M | 29.58M |
| Cash, Cash Equivalents and Short-Term Investments | 964.45K | 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 | 368.80K | 783.00 | 115.98K | 139.71K | 73.04K | 406.23K |
| Stockholders Equity | 11.90M | 12.88K | 16.59M | 14.97M | 27.07M | 29.17M |
Cash Flow | ||||||
| Free Cash Flow | -2.90M | -2.44M | -951.53K | -900.44K | -3.75M | -3.72M |
| Operating Cash Flow | -1.95M | -1.40M | -951.03K | -900.44K | -1.95M | -1.98M |
| Investing Cash Flow | -2.67M | -3.60M | -277.65K | -843.85K | -1.80M | -2.17M |
| Financing Cash Flow | 4.17M | 8.87M | 0.00 | 0.00 | 1.17M | 10.82M |
Outback Goldfields Corp Technical Analysis
Negative
0.38
Price Trends
0.40
Negative
0.36
Positive
0.41
Negative
Market Momentum
<0.01
Negative
47.96
Neutral
53.97
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 0.39, below the 50-day MA of 0.40, and below the 200-day MA of 0.41, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 47.96 is Neutral, neither overbought nor oversold. The STOCH value of 53.97 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$19.70M | 21.30 | 19.89% | ― | ― | ― | |
49 Neutral | C$45.13M | -10.20 | -18.03% | ― | ― | ― | |
47 Neutral | C$8.87M | 1.04 | -5.66% | ― | ― | 97.05% | |
45 Neutral | C$9.90M | -12.53 | -19.15% | ― | ― | -380.83% | |
44 Neutral | C$19.69M | -9.10 | -114.13% | ― | ― | -230.12% |
* Basic Materials Sector Average
TSE:OZ
Outback Goldfields Corp
0.39
0.11
39.29%
TSE:XGC
Xali Gold Corp.
0.28
0.24
600.00%
TSE:ATHA
Athena Gold
0.55
<0.01
1.10%
TSE:GDP
Golden Pursuit Resources
0.30
0.10
53.85%
TSE:LECR
Leocor Gold
0.08
0.02
50.00%
TSE:TAUR
Taurus Gold Corp.
0.08
0.02
25.00%
Outback Goldfields Corp Corporate Events
Business Operations and StrategyExecutive/Board Changes
Valkea Resources Strengthens Leadership to Drive Finnish Gold Exploration
Positive
Jan 22, 2026
Valkea Resources has bolstered its leadership and technical bench with the appointment of geologist Thomas Credland as president, experienced mining executive Marc Turcotte as director, and noted exploration geologist Dr. Charlotte Seabrook as tec...
Business Operations and StrategyPrivate Placements and Financing
Valkea Resources Raises C$2.5 Million to Advance Finnish Gold Exploration
Positive
Jan 16, 2026
Valkea Resources Corp. has closed a non-brokered private placement financing for C$2.5 million, issuing 10 million units at C$0.25 each, with attached warrants exercisable at C$0.35 over 36 months. The raise, supported strongly by existing shareho...
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.