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Ethos Gold Corp. (TSE:PPP)
:PPP

Ethos Gold (PPP) AI Stock Analysis

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Ethos Gold

(PPP)

Rating:46Neutral
Price Target:
Ethos Gold's overall stock score is heavily impacted by its poor financial performance, with no revenue and ongoing losses posing major risks. While recent corporate events and technical indicators show potential for improvement, valuation concerns remain due to the negative P/E ratio and lack of dividend yield. The company's future success depends on overcoming operational challenges and generating revenue.

Ethos Gold (PPP) vs. iShares MSCI Canada ETF (EWC)

Ethos Gold Business Overview & Revenue Model

Company DescriptionProspector Metals Corp. identifies, explores for, and develops mineral properties in the United States and Canada. The company explores for gold, silver, and copper deposits. It owns a right to acquire a 100% interest in the Perk-Rocky project located in Williams Lake, British Columbia; the Gaffney gold property covering an area of 8,172-hectare located in central British Columbia; the Whitton Lake claim block covering an area of 4,400-hectare located in Ontario; the Fairchild Gold project covering 2,228-hectares located in the northeast of Sioux Lookout, Ontario; the Toogood claim covering 6,675 hectares and McGrath claim covering 1,800-hectares located on New World Island, Newfoundland; and the Deep Cove and Virgin Arm claims located on New World Island, Newfoundland. The company also owns a right to acquire a 100% interest in the Campbell Lake gold project located in the north of the town of Armstrong, Ontario; the Schefferville Gold Project consist of 48 mineral claims covering 2,359 hectares located in Quebec; the Bassano project located in Quebec; and the Pine Pass Project located in northeastern British Columbia. In addition, it entered into an agreement to earn 50% undivided interest in the Iron Point Project located in Nevada; 70% interest in the Savant Lake gold property located in Thunder Bay, Ontario; 70% interest in the Ligneris property located north of Rouyn-Noranda, Quebec; and 100% interest in the 325-hectare Fairbanks claim located on New World Island, Newfoundland, as well as holds interest in the Fuchsite Lake Gold Project that comprises 3750 hectares located in Fuchsite Lake Gold Project. Further, the company holds a 100% interest in the Leopard Lake Property covering an area of 7,383 hectares located to the northeast of Thunder Bay, Ontario. The company was formerly known as Ethos Gold Corp. and changed its name to Prospector Metals Corp. in April 2022. Prospector Metals Corp. was incorporated in 2007 and is based in Vancouver, Canada.
How the Company Makes MoneyEthos Gold makes money through the acquisition and development of mineral properties with significant gold and precious metal potential. The company's revenue model primarily revolves around increasing the value of its mineral assets through exploration and development activities. Ethos Gold generates income by selling or jointly developing these assets with larger mining companies once sufficient exploration progress and resource estimation have been achieved. Additionally, strategic partnerships and joint ventures with other mining companies can provide Ethos Gold with funding and technical expertise, helping to advance its projects. The company may also earn revenue from selling equity or shares to finance its exploration activities.

Ethos Gold Financial Statement Overview

Summary
Ethos Gold faces significant financial challenges with no revenue and persistent losses indicating operational and financial instability. Despite having low debt levels, negative cash flows and declining assets are concerning and diminish overall financial health.
Income Statement
10
Very Negative
The company has generated no revenue over the past years, indicating operational challenges. Significant negative EBIT and net income suggest ongoing losses and financial instability. Despite some improvement in net income over the latest year, the absence of revenue and persistent losses are major concerns.
Balance Sheet
35
Negative
The company maintains a relatively low level of debt, which is a positive aspect. However, declining total assets and stockholders' equity over the past years are concerning. The high equity ratio suggests reliance on equity financing, but the ongoing losses undermine this strength.
Cash Flow
20
Very Negative
Negative operating and free cash flows indicate cash burn, with a slight improvement in the latest period. The company has been reliant on financing activities to support cash flow needs, raising concerns about sustainability without revenue generation.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
-26.96K-82.75K-21.82K-690.00
EBIT
-3.57M-4.49M-5.52M-8.70M-4.43M
EBITDA
-6.83M-2.75M-7.55M-5.52M-3.25M
Net Income Common Stockholders
-6.86M-4.31M-7.57M-5.52M-3.25M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.21M528.26K2.65M6.58M4.01M
Total Assets
6.66M7.80M11.16M13.98M6.47M
Total Debt
0.00101.63K0.000.000.00
Net Debt
-897.15K-358.38K-887.34K-3.56M-2.85M
Total Liabilities
122.68K504.11K693.43K1.02M404.74K
Stockholders Equity
6.53M7.30M10.47M12.97M6.07M
Cash FlowFree Cash Flow
-2.83M-3.53M-6.61M-7.85M-4.58M
Operating Cash Flow
-2.71M-3.21M-6.26M-7.43M-4.07M
Investing Cash Flow
-37.13K1.58M252.66K135.22K-458.08K
Financing Cash Flow
3.49M1.21M3.33M8.00M4.37M

Ethos Gold Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.18
Price Trends
50DMA
0.15
Positive
100DMA
0.13
Positive
200DMA
0.13
Positive
Market Momentum
MACD
0.02
Negative
RSI
73.86
Negative
STOCH
32.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PPP, the sentiment is Positive. The current price of 0.18 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.15, and above the 200-day MA of 0.13, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 73.86 is Negative, neither overbought nor oversold. The STOCH value of 32.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PPP.

Ethos Gold Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$2.85B10.960.41%8438.88%5.73%-21.25%
TSLVX
56
Neutral
C$24.58M-46.91%-25.57%
TSPPP
46
Neutral
C$17.46M-80.10%36.09%
TSBAU
41
Neutral
C$9.34M-51.68%-122.91%
TSRG
35
Underperform
C$5.28M64.04%66.10%
$5.94M
$6.69M-130.13%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:PPP
Ethos Gold
0.23
0.06
35.29%
TSE:RG
Romios Gold Resources
0.02
0.00
0.00%
TSE:BAU
Blue Star Gold Corp
0.09
-0.05
-35.71%
FDVXF
FenixOro Gold
0.03
-0.05
-62.50%
FFOXF
FireFox Gold Corp.
0.03
-0.01
-25.00%
TSE:LVX
Leviathan Gold
0.40
0.29
263.64%

Ethos Gold Corporate Events

Private Placements and FinancingBusiness Operations and Strategy
Prospector Metals Expands Private Placement to Boost Yukon Exploration
Positive
Apr 28, 2025

Prospector Metals Corp. announced an increase in its non-brokered private placement to raise up to C$5,500,000, driven by demand. The funds will support the exploration program at the ML Project in Yukon, which includes up to 5,000 meters of diamond drilling. The offering is expected to close by May 9, 2025, pending necessary approvals, and involves issuing various units with flow-through and non-flow-through shares. The initiative reflects Prospector’s strategic focus on expanding its exploration activities and enhancing its industry positioning.

Spark’s Take on TSE:PPP Stock

According to Spark, TipRanks’ AI Analyst, TSE:PPP is a Neutral.

The overall stock score for Ethos Gold is significantly impacted by its poor financial performance, with no revenue and persistent losses posing major risks. While technical analysis offers some positive signs, the negative P/E ratio and lack of dividend yield emphasize valuation concerns. The stock’s future depends heavily on overcoming operational challenges.

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

Private Placements and FinancingBusiness Operations and Strategy
Prospector Metals Corp. Launches C$5 Million Private Placement for Yukon Exploration
Positive
Apr 17, 2025

Prospector Metals Corp. has announced a non-brokered private placement to raise up to C$5,000,000 to fund its exploration program at the ML Project in Yukon. The funds will support a diamond drilling initiative targeting five areas, with the offering expected to close by May 6, 2025, subject to necessary approvals. This move is part of Prospector’s strategy to enhance its exploration activities and strengthen its position in the mining industry.

Spark’s Take on TSE:PPP Stock

According to Spark, TipRanks’ AI Analyst, TSE:PPP is a Neutral.

The overall stock score for Ethos Gold is significantly impacted by its poor financial performance, with no revenue and persistent losses posing major risks. While technical analysis offers some positive signs, the negative P/E ratio and lack of dividend yield emphasize valuation concerns. The stock’s future depends heavily on overcoming operational challenges.

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

Business Operations and Strategy
Prospector Metals Corp. Secures Approval for 2025 ML Project Drill Program
Positive
Apr 9, 2025

Prospector Metals Corp. has received approval from the Yukon Government for their Class 1 Notification, allowing them to proceed with their 2025 ML Project work plan. This includes up to 5,000 meters of diamond drilling across five target areas near Dawson City, Yukon Territory. The program, set to begin in June 2025, will focus on maiden drill testing and follow-up drilling on targets with significant historical drill results. The initiative is expected to enhance Prospector’s exploration capabilities and potentially uncover valuable mineral resources, reinforcing their position in the mining industry.

Spark’s Take on TSE:PPP Stock

According to Spark, TipRanks’ AI Analyst, TSE:PPP is a Neutral.

The overall stock score for Ethos Gold is significantly impacted by its poor financial performance, with no revenue and persistent losses posing major risks. While technical analysis offers some positive signs, the negative P/E ratio and lack of dividend yield emphasize valuation concerns. The stock’s future depends heavily on overcoming operational challenges.

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

Executive/Board ChangesBusiness Operations and Strategy
Prospector Metals Corp. Strengthens Exploration Team with New VP Appointment
Positive
Feb 25, 2025

Prospector Metals Corp., a company involved in mineral exploration, has appointed Jodie Gibson as Vice President of Exploration. Gibson, a seasoned geologist with extensive experience in the North American Cordillera, will lead the company’s 2025 drill program on its flagship ML project. This strategic appointment is expected to enhance Prospector’s exploration capabilities and strengthen its position in the industry. Additionally, the company has granted 560,000 incentive stock options to its officers and consultants, aligning with its equity incentive plan.

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.