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Provenance Gold Corp. (TSE:PAU)
:PAU
Canadian Market

Provenance Gold Corp. (PAU) AI Stock Analysis

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Provenance Gold Corp.

(PAU)

Rating:46Neutral
Price Target:
Provenance Gold Corp. shows significant risk due to its exploratory nature, with no revenue and ongoing losses. Financial performance is weak, but low debt is a positive aspect. Technical indicators suggest a short-term positive trend, yet the company's valuation is challenging due to continuous losses. The absence of earnings call data and corporate events does not provide additional insights.

Provenance Gold Corp. (PAU) vs. iShares MSCI Canada ETF (EWC)

Provenance Gold Corp. Business Overview & Revenue Model

Company DescriptionProvenance Gold Corp. is a mineral exploration company primarily focused on the acquisition and exploration of precious metal properties. The company operates within the mining sector, targeting gold and other valuable mineral resources. Provenance Gold aims to identify and develop high-potential mining projects, with a particular emphasis on regions with rich mineral deposits.
How the Company Makes MoneyProvenance Gold Corp. generates revenue through the exploration and development of mineral resources, primarily gold. The company's business model involves acquiring promising mining properties, conducting exploration activities to assess the value and potential of these sites, and then either developing these sites for gold production or selling them to larger mining companies. Revenue can also be generated through strategic partnerships, joint ventures, or option agreements where Provenance Gold collaborates with other mining entities to share the costs and benefits of exploration and development. Additionally, the company may raise capital through the issuance of shares or other financial instruments to fund its exploration activities.

Provenance Gold Corp. Financial Statement Overview

Summary
Provenance Gold Corp. is in the exploratory phase, leading to no revenue and ongoing losses. The balance sheet is light on debt, which is positive, but the absence of operational cash inflow is concerning. Future financial stability hinges on successful project development or securing additional funding.
Income Statement
20
Very Negative
Provenance Gold Corp. has reported no revenue over the observed period, which is common in the exploration phase within the mining industry. The company consistently incurs negative EBIT and net income, reflecting ongoing operational expenses without offsetting income. There is a lack of revenue growth, and negative net profit margins indicate continuous losses.
Balance Sheet
45
Neutral
The balance sheet shows a relatively low level of total debt, which is favorable in terms of financial leverage. However, the absence of revenue and consistent net losses result in low returns on equity. The equity ratio is relatively strong, indicating that the company finances its operations with equity rather than debt, but the continuous losses are a concern for equity value.
Cash Flow
30
Negative
Provenance Gold Corp. consistently reports negative free cash flow, indicating that the company's operations and capital expenditures exceed its cash inflows. The operating cash flow to net income ratio is unfavorable due to negative cash flow and net income. The cash flow situation poses a risk unless additional financing is secured.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit0.000.000.000.00
EBITDA-847.00K-512.00K-361.00K-339.00K998.61K
Net Income-1.47M-1.18M-1.05M-882.00K-442.00K
Balance Sheet
Total Assets6.86M3.00M2.71M2.98M416.06K
Cash, Cash Equivalents and Short-Term Investments2.57M263.21K385.86K551.08K34.31K
Total Debt47.50K47.50K47.50K47.50K47.50K
Total Liabilities719.70K121.23K96.02K124.17K392.00K
Stockholders Equity6.14M2.88M2.61M2.86M24.06K
Cash Flow
Free Cash Flow-2.02M-1.34M-939.40K-2.45M-388.32K
Operating Cash Flow-705.49K-510.93K-517.31K-807.07K-173.35K
Investing Cash Flow-1.31M-832.39K-447.92K-1.66M-214.97K
Financing Cash Flow4.32M1.22M800.00K2.98M399.91K

Provenance Gold Corp. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.20
Price Trends
50DMA
0.22
Positive
100DMA
0.21
Positive
200DMA
0.22
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
53.85
Neutral
STOCH
55.08
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PAU, the sentiment is Positive. The current price of 0.2 is below the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.22, and below the 200-day MA of 0.22, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 53.85 is Neutral, neither overbought nor oversold. The STOCH value of 55.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PAU.

Provenance Gold Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSKNT
77
Outperform
C$3.70B14.6439.28%105.06%481.75%
TSBTO
74
Outperform
$6.50B-17.61%3.00%5.97%-1677.31%
TSSSL
73
Outperform
C$3.76B93.912.05%0.62%6.23%36.40%
TSOR
69
Neutral
C$6.56B149.132.50%0.87%12.78%
TSEQX
67
Neutral
C$5.94B9.368.27%60.05%
TSPAU
46
Neutral
C$27.78M-36.72%2.82%
44
Neutral
C$967.20M-6.69-13.35%2.72%17.55%-32.18%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:PAU
Provenance Gold Corp.
0.22
0.14
175.00%
TSE:SSL
Sandstorm Gold
12.81
5.17
67.71%
TSE:OR
Osisko Gold Royalties
35.00
13.51
62.90%
TSE:EQX
Equinox Gold
7.86
0.42
5.65%
TSE:BTO
B2Gold
4.92
1.32
36.48%
TSE:KNT
K92 Mining
15.36
7.33
91.28%

Provenance Gold Corp. Corporate Events

Provenance Gold Advancements at Eldorado Boost 2025 Prospects
Jan 9, 2025

Provenance Gold Corp. has made significant advancements in its Eldorado Gold Property, revealing a large, low-sulfur gold system that is deeper and more expansive than previously understood. The company expanded its land position, conducted geophysical surveys, and drilled core holes, discovering high-grade zones and increasing the potential of the property. Provenance has also secured amended payment terms for the Eldorado property option and concluded 2024 with a strengthened financial position due to warrant exercises.

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.Date of analysis: Jan 14, 2025