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Romios Gold Resources (TSE:RG)
:RG
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Romios Gold Resources (RG) AI Stock Analysis

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TSE:RG

Romios Gold Resources

(RG)

Rating:35Underperform
Price Target:
Romios Gold Resources faces significant financial challenges, with persistent losses and a weak balance sheet. Despite some positive technical indicators, the company's valuation is unattractive due to a negative P/E ratio and no dividend yield. However, recent corporate events, such as strategic partnerships and exploration advances, provide a glimmer of potential future value. Overall, the stock's score reflects the severe financial difficulties, partially offset by technical trends and positive corporate developments.

Romios Gold Resources (RG) vs. iShares MSCI Canada ETF (EWC)

Romios Gold Resources Business Overview & Revenue Model

Company DescriptionRomios Gold Resources Inc. engages in the exploration of precious and base metals in Canada. The company explores for gold, silver, and copper deposits. Its projects are located in Ontario, British Columbia, Quebec, and Nevada. The company was founded in 1995 and is based in Toronto, Canada.
How the Company Makes MoneyRomios Gold Resources generates revenue primarily through the exploration and potential development of mineral properties. The company invests in identifying promising geological sites and conducts exploratory drilling to assess mineral deposits. If significant deposits are found, Romios aims to either develop these sites into operational mines or enter into joint ventures or partnerships with larger mining companies that have the capacity to bring the projects into production. These partnerships can involve upfront payments, milestone payments, or royalties, providing Romios with a steady stream of income as the projects progress. Additionally, the company might sell or option its mineral properties to other interested parties, generating revenue from these transactions.

Romios Gold Resources Financial Statement Overview

Summary
Romios Gold Resources is facing substantial financial difficulties across all statements. The income statement shows persistent losses with no revenue. The balance sheet is weak, with negative equity and increasing liabilities. Cash flow challenges highlight the company's struggle to generate sufficient cash, raising concerns about its financial sustainability.
Income Statement
10
Very Negative
The company's income statement shows severe challenges, with negative gross profit and net income, and no revenue growth over the periods. The EBIT and EBITDA margins are also significantly negative, indicating substantial operating losses.
Balance Sheet
15
Very Negative
The balance sheet reflects a negative stockholders' equity and high liabilities, resulting in an unfavorable debt-to-equity ratio. The equity ratio is negative, suggesting financial instability. The company's assets have significantly declined, and net debt has increased over time.
Cash Flow
20
Very Negative
Cash flow analysis shows negative free cash flow and operating cash flow, with a slight improvement in investing cash flow. However, the cash generation is insufficient to cover net income losses, and free cash flow growth is negative, indicating cash flow struggles.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit-63.01K-52.14K-18.80K-18.80K-18.80K
EBITDA-751.00K-1.70M-1.39M-651.00K-1.35M
Net Income-828.00K-2.70M-1.27M-352.00K-2.25M
Balance Sheet
Total Assets259.66K1.39M3.67M3.86M2.94M
Cash, Cash Equivalents and Short-Term Investments77.40K444.67K2.84M2.44M647.72K
Total Debt107.72K165.93K13.56K34.27K51.92K
Total Liabilities1.25M1.17M1.15M1.14M852.40K
Stockholders Equity-989.80K220.99K2.52M2.71M2.08M
Cash Flow
Free Cash Flow-465.70K-1.60M-917.42K-549.03K-1.33M
Operating Cash Flow-465.70K-1.59M-829.72K-542.29K-1.31M
Investing Cash Flow219.18K-13.07K-87.70K-6.74K-11.70K
Financing Cash Flow231.55K593.86K1.06M1.29M246.92K

Romios Gold Resources Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.02
Negative
Market Momentum
MACD
<0.01
Positive
RSI
46.03
Neutral
STOCH
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RG, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 46.03 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:RG.

Romios Gold Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
83
Outperform
$87.33B20.9813.92%1.30%36.19%392.37%
75
Outperform
C$3.47B13.7239.28%105.06%481.75%
73
Outperform
$14.40B29.9210.18%0.41%38.30%68.57%
70
Outperform
$6.16B-17.61%3.52%5.97%-1677.31%
52
Neutral
C$2.24B-137.38%-19.29%
44
Neutral
C$848.76M-6.71-16.27%2.80%16.46%-27.75%
35
Underperform
C$6.59M64.04%66.10%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:RG
Romios Gold Resources
0.02
0.00
0.00%
TSE:AGI
Alamos Gold
34.24
10.64
45.07%
TSE:BTO
B2Gold
4.74
1.03
27.73%
TSE:AEM
Agnico Eagle
172.74
71.26
70.21%
TSE:SKE
Skeena Resources
19.82
11.56
139.95%
TSE:KNT
K92 Mining
14.37
7.07
96.85%

Romios Gold Resources Corporate Events

M&A TransactionsBusiness Operations and Strategy
Romios Gold and Star Gold Forge Strategic Partnership for Nevada Projects
Positive
Feb 28, 2025

Romios Gold Resources Inc. and Star Gold Corp. have announced a strategic partnership through a share purchase agreement, allowing Star Gold to acquire Romios’ affiliate, Romios Gold Nevada Inc., which holds the Scossa and Kinkaid properties. This partnership aims to enhance both companies’ portfolios with high-quality projects in Nevada, focusing on near-term production and creating significant value for shareholders. The transaction is subject to regulatory approvals and involves a share roll-back and capital raise by Star Gold.

Business Operations and Strategy
Romios Gold Showcases Promising Exploration Advances at PDAC 2025
Positive
Feb 28, 2025

Romios Gold Resources Inc. announced its participation in the 2025 PDAC Convention, highlighting significant exploration progress at its Kinkaid and Scossa properties in Nevada. The company has expanded its understanding of the mineralization at Kinkaid, identifying a potential porphyry copper center and high-grade mineralized zones, while at Scossa, a new high-priority drill target has been identified, indicating promising prospects for future exploration and development.

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: May 03, 2025