Plato Gold (PGC) AI Stock Analysis

• Market Cap: C$6.92M
• Dividend Yield: N/A
• Average Volume (3M): 45.51K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.20
• Revenue Growth: N/A
• EPS Growth: 40.00%
• Country: CA
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 63
• Industry: Gold
• EPS (TTM): 0.00
• Shares Outstanding: 230,665,710
• 10 Day Avg. Volume: 10,200
• 30 Day Avg. Volume: 45,507
• PEG Ratio: N/A
• Price to Book (P/B): 5.77
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -18.97
• 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

• Rating: 35 Underperform
• Price Target: ―

Plato Gold's overall score is significantly impacted by its financial challenges, including recurring losses and poor cash flow generation. The technical analysis reflects weak market sentiment, while the valuation is unattractive with negative earnings. Although the company is advancing exploration projects, the immediate financial instability and high risk overshadow potential long-term benefits.

Plato Gold Business Overview & Revenue Model

Company Description

Plato Gold (PGC) is a Canadian mineral exploration company focused on identifying and developing precious metal projects primarily in North and South America. Established with a commitment to discovering and advancing gold and rare mineral properties, the company strategically operates through a portfolio of exploration projects that include both wholly-owned and joint venture initiatives. Plato Gold's core activities involve the acquisition, exploration, and potential development of mineral-rich properties to maximize shareholder value.

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

Plato Gold is struggling to achieve profitability and generate positive cash flow. Despite some revenue growth, profitability and cash flow remain negative, raising concerns about long-term financial sustainability. The balance sheet shows low leverage, providing some stability, but the reliance on external financing is a significant risk.

Income Statement

The company shows a modest increase in revenue from the previous year, but it is still operating at a loss with negative EBIT and net income. The net profit margin and EBIT margin are negative, indicating poor profitability. Revenue growth is present, but financial sustainability is a concern due to continual losses.

Balance Sheet

The company maintains a low debt-to-equity ratio, indicating relatively low leverage. However, the return on equity is negative due to net losses. The equity ratio is fairly strong, suggesting that a significant portion of assets is financed by equity, providing some stability.

Cash Flow

The operating cash flow is negative, reflecting challenges in generating cash from operations. Free cash flow has deteriorated significantly, indicating potential liquidity issues. The company relies heavily on financing activities to sustain operations, which poses a risk.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
2.56K	2.05K	0.00	0.00	0.00	0.00
	Gross Profit
2.56K	2.05K	0.00	0.00	-44.00	-18.00
	EBIT
-115.68K	-128.37K	-136.44K	-331.07K	-179.93K	-263.93K
	EBITDA
-163.00K	-128.37K	-136.44K	-331.07K	-200.07K	-215.48K
	Net Income Common Stockholders
-313.93K	-346.86K	-238.65K	-359.78K	-200.65K	-268.87K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
21.71K	14.31K	78.77K	112.73K	57.03K	189.33K
	Total Assets
2.53M	2.48M	2.47M	2.29M	1.91M	1.88M
	Total Debt
424.06K	322.26K	32.08K	32.08K	19.25K	0.00
	Net Debt
402.35K	307.95K	-46.69K	-80.65K	-37.78K	-93.67K
	Total Liabilities
1.29M	1.19M	845.34K	764.04K	648.95K	629.10K
	Stockholders Equity
1.25M	1.30M	1.63M	1.53M	1.27M	1.28M
Cash Flow		Free Cash Flow
-364.75K	-54.87K	-496.34K	-456.55K	-295.60K	-453.81K
	Operating Cash Flow
-118.27K	-54.87K	-190.98K	-119.34K	-200.05K	-289.49K
	Investing Cash Flow
-239.18K	-234.77K	-305.32K	-326.07K	-84.54K	21.48K
	Financing Cash Flow
339.65K	225.17K	462.34K	501.11K	247.96K	350.00K

Plato Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PGC, the sentiment is Positive. The current price of 0.03 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.48 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	$2.82B	10.84	0.42%	8439.00%	5.74%	-20.95%
TROY	45 Neutral	C$8.96M	―	-39.50%	―	―	0.56%
KORE	42 Neutral	C$6.07M	―	-63.28%	―	―	59.57%
PA	37 Underperform	C$7.16M	5.59	-313.29%	―	―	―
PGC	35 Underperform	C$6.92M	―	-16.31%	―	―	40.00%
VG	35 Underperform	C$6.83M	―	-102.04%	―	―	-15.08%
XIM	31 Underperform	C$7.15M	―	-785.02%	―	―	40.00%

Plato Gold Corporate Events

Plato Gold Prepares for Inaugural Drill Program at Lolita Project

Plato Gold Corp. is preparing for its first drill program at the Lolita Project in Santa Cruz, Argentina, following approval from the Secretariat of Mining of Santa Cruz. The company has secured US$1,050,000 in loans to finance the drilling, which aims to explore high-level, low-sulphidation epithermal vein systems for precious metals. This initiative marks a significant step for Plato, as Lolita has not been previously explored for precious metals, and it positions the company to potentially capitalize on the rich mineral resources in the region.

Spark’s Take on TSE:PGC Stock

According to Spark, TipRanks’ AI Analyst, TSE:PGC is a Underperform.

Plato Gold’s overall score is driven by significant financial challenges, including recurring losses and poor cash flow. Technical indicators reflect weak market sentiment, and valuation is unattractive due to negative earnings. The company’s exploration focus could offer long-term potential, but current financial instability presents high risk.

To see Spark’s full report on TSE:PGC stock, click here.

Plato Gold Corp. Reports 2024 Financial Results Amid Exploration Focus

Plato Gold Corp. has reported its financial results for the fiscal year 2024, showing a decrease in income and a net loss compared to the previous year. Despite the financial challenges, the company continues to focus on its exploration projects in Canada and Argentina, which could impact its future operations and market position.

Spark’s Take on TSE:PGC Stock

According to Spark, TipRanks’ AI Analyst, TSE:PGC is a Underperform.

The most significant factor impacting Plato Gold’s overall score is its financial performance, which reflects ongoing challenges in achieving profitability and generating positive cash flow. Technical analysis and valuation also highlight concerns, with stagnant price trends and negative earnings, making the stock a high-risk investment in the current market environment.

To see Spark’s full report on TSE:PGC stock, click here.