Plato Gold (PGC) AI Stock Analysis

• Market Cap: C$6.92M
• Dividend Yield: N/A
• Average Volume (3M): 43.55K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.17
• Revenue Growth: N/A
• EPS Growth: -364.29%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 230,665,710
• 10 Day Avg. Volume: 45,300
• 30 Day Avg. Volume: 43,546
• PEG Ratio: 0.54
• Price to Book (P/B): 4.12
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -16.97
• 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: 43 Neutral
• Price Target: C$0.03 ▼(-27.50% Downside)

The score is primarily constrained by very weak financial performance (minimal revenue, worsening losses, negative operating/free cash flow) and a materially weakened balance sheet with negative equity and higher debt, increasing funding risk. Technical indicators are mixed with only modest positive momentum. Valuation provides limited support due to a negative P/E and no dividend yield data.

Positive Factors

Exploration-focused business model

A pure exploration model provides durable optionality: successful drilling and resource definition can materially increase asset value and enable joint ventures or property sales. This structural pathway underpins long-term upside independent of short-term price moves, but requires patient capital.

Exposure to precious and base metals

Direct exposure to gold and base metals aligns the company with long-term structural demand drivers (store-of-value and industrial use). Discoveries in these commodity classes tend to retain strategic value and appeal to project acquirers or partners, supporting durable asset monetization options.

Cash loss roughly in line with accounting loss

Free cash flow being similar to reported net loss suggests the company’s losses are not driven primarily by large non-cash accruals. That alignment implies relatively transparent cash burn dynamics and may help management plan financing and capital allocation with clearer near-term cash needs.

Negative Factors

Pre-revenue operations with worsening losses

Lack of recurring revenue and a material increase in net losses undermine sustainability: persistent deficits erode capital and force repeated financing. Over months, continued losses limit operational runway, raise dilution risk, and reduce ability to fund sustained, value-adding exploration programs.

Material balance sheet deterioration

A shift to negative equity and higher debt is a structural solvency concern: it reduces financial flexibility, increases funding cost and counterparty risk, and limits the company's capacity to absorb exploration setbacks or pursue opportunistic project investments without dilutive financings.

Negative and worsening cash generation

Consistent negative operating and free cash flow means ongoing reliance on external funding to sustain exploration. Over the medium term this raises dilution and execution risk, constrains the scale and cadence of drilling programs, and exposes the company to funding availability and market cycles.

Plato Gold Business Overview & Revenue Model

Company Description

Plato Gold Corp., a junior exploration company, engages in the exploration, evaluation, and development of gold and rare mineral properties in Canada. It holds 100% interest in the Good Hope Niobium project comprising 254 claims, which include 227 single cell mining claims and 27 boundary cell mining claims covering an area of approximately 5,146 hectares located in northwest of Marathon, Ontario. The company also has an option to acquire a 100% interest in the Pic River Platinum Group Metals project comprising 111 single cell mining claims covering an area of approximately 2,247 hectares located in Marathon, Ontario; and the Lolita project, which includes three adjoining concessions located in Southern Argentina. In addition, it holds interest in the Timmins Gold project that comprise of four properties, including the Guibord, Harker, and Holloway properties that include 4 mining leases; and the Marriott property comprising 98 claims located in east of Timmins. The company is based in Toronto, Canada.

How the Company Makes Money

Plato Gold makes money primarily through the exploration and development of mineral properties with the aim of discovering economically viable deposits of gold and other precious metals. The company generates revenue by either selling or leasing exploration rights to larger mining companies once significant mineral reserves are identified, or through joint ventures and partnerships that allow for shared exploration costs and potential profits. Additionally, Plato Gold may raise funds through equity financing, issuing shares to investors who are interested in the potential returns from successful exploration and development projects. These revenue streams are supported by strategic alliances with other mining and exploration companies that can provide additional resources and expertise.

Plato Gold Financial Statement Overview

Summary

Financials are very weak: the company is effectively pre-revenue with persistent and worsening losses (TTM net income about -$1.51M). The balance sheet deteriorated meaningfully with higher debt (~$1.57M TTM) and a shift to negative equity (~-$0.32M), elevating solvency and funding risk. Cash flow is also negative and worsening (TTM operating cash flow about -$0.52M; free cash flow about -$0.65M), implying continued reliance on external financing.

Income Statement

The business is effectively pre-revenue (annual revenue is largely $0, with only a minimal $2,052 in 2023), while losses are persistent and sizeable. TTM (Trailing-Twelve-Months) net income is about -$1.51M versus -$0.21M in 2024, indicating a meaningful deterioration in profitability and cost control. With no consistent revenue base, margins are not currently informative and earnings visibility remains low.

Balance Sheet

The balance sheet weakened materially in the latest period: TTM (Trailing-Twelve-Months) total debt rose to ~$1.57M and equity turned negative (~-$0.32M) from positive ~$1.12M in 2024. Negative equity increases financing and solvency risk and reduces financial flexibility, especially alongside ongoing losses. Earlier years showed relatively low leverage, but the recent step-up in debt and erosion of equity are key red flags.

Cash Flow

Cash generation remains negative, with TTM (Trailing-Twelve-Months) operating cash flow around -$0.52M and free cash flow around -$0.65M, worsening from 2024 levels (operating cash flow about -$0.16M; free cash flow about -$0.27M). While free cash flow loss is not worse than net loss in TTM (free cash flow to net income ~1.26x), the company is still consuming cash and likely reliant on external funding to sustain operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	2.05K	0.00	0.00	0.00
Gross Profit	0.00	0.00	2.05K	0.00	0.00	-44.00
EBITDA	-1.52M	-212.63K	-128.37K	-136.44K	-331.07K	-200.07K
Net Income	-1.51M	-213.96K	-346.86K	-238.65K	-359.78K	-200.65K
Balance Sheet
Total Assets	2.79M	2.52M	2.48M	2.47M	2.29M	1.91M
Cash, Cash Equivalents and Short-Term Investments	6.49K	24.22K	14.31K	78.77K	112.73K	57.03K
Total Debt	1.57M	0.00	322.26K	32.08K	32.08K	19.25K
Total Liabilities	3.18M	1.41M	1.19M	845.34K	764.04K	648.95K
Stockholders Equity	-315.96K	1.12M	1.30M	1.63M	1.53M	1.27M
Cash Flow
Free Cash Flow	-653.04K	-270.66K	-54.87K	-496.34K	-456.55K	-295.60K
Operating Cash Flow	-516.46K	-161.82K	-54.87K	-190.98K	-119.34K	-200.05K
Investing Cash Flow	-1.16M	-16.75K	-234.77K	-305.32K	-326.07K	-84.54K
Financing Cash Flow	1.67M	188.48K	225.17K	462.34K	501.11K	247.96K

Plato Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PGC, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 44.86 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PGC.

Plato Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KORE	49 Neutral	C$15.79M	-8.99	-7091.27%	―	―	-128.42%
GGM	47 Neutral	C$13.21M	-6.56	―	―	―	4.69%
AUEN	45 Neutral	C$8.34M	-2.61	-114.18%	―	―	76.12%
PGC	43 Neutral	C$6.92M	-4.62	-341.20%	―	―	-364.29%

Plato Gold Corporate Events

Plato Gold Corp. Reports Increased Losses in Q3 2025

Plato Gold Corp. reported its financial results for the third quarter of 2025, showing no income and a net loss of approximately $1.49 million for the nine months ending September 30, 2025. This reflects a significant increase in losses compared to the same period in 2024. The results highlight ongoing financial challenges for the company, potentially impacting its exploration activities and stakeholder confidence.