Red Lake Gold Inc (RGLD) AI Stock Analysis

• Market Cap: C$3.52M
• Dividend Yield: N/A
• Average Volume (3M): 199.60K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.37
• Revenue Growth: N/A
• EPS Growth: -426.09%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 50,239,170
• 10 Day Avg. Volume: 349,435
• 30 Day Avg. Volume: 199,600
• PEG Ratio: -0.50
• Price to Book (P/B): 1.47
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -14.56
• 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: 46 Neutral
• Price Target: C$0.04 ▲(10.00% Upside)

The score is held down primarily by weak financial performance (no revenue, recurring losses, and negative operating/free cash flow) and bearish technical signals. Positive corporate events provide some upside optionality, while valuation is difficult to support due to losses and no dividend.

Positive Factors

Strong Balance Sheet

A strong balance sheet with no debt provides financial stability and flexibility, allowing the company to potentially invest in future opportunities without the burden of interest payments.

Strategic Focus on High-Quality Assets

Focusing on high-quality gold assets in a renowned area like Red Lake can enhance long-term value creation through potentially lucrative mining operations and strategic acquisitions.

Improvement in Free Cash Flow

Recent improvements in free cash flow, despite past challenges, indicate potential operational efficiencies and better financial management, which are crucial for sustaining operations.

Negative Factors

Lack of Revenue

The absence of revenue generation is a critical concern, as it undermines the company's ability to sustain operations and invest in growth, posing a risk to long-term viability.

Legal Risks from First Nation Litigation

Legal challenges from First Nation litigation could disrupt operations and delay projects, impacting the company's ability to develop its assets and achieve strategic goals.

Dependency on External Capital

Reliance on external capital for operations and exploration poses a risk, as market conditions may limit access to necessary funds, affecting project execution and growth potential.

Red Lake Gold Inc Business Overview & Revenue Model

Company Description

Red Lake Gold Inc. acquires and explores for mineral properties in Canada. The company primarily explores for gold deposits. Its principal project is the Whirlwind Jack gold project comprising 1,042 mining claims covering an area of approximately 21,238 hectares located near Red Lake, Ontario. The company was formerly known as Pivit Exploration Inc. and changed its name to Red Lake Gold Inc. in July 2019. Red Lake Gold Inc. was incorporated in 2017 and is based in Vancouver, Canada.

How the Company Makes Money

Red Lake Gold Inc. generates revenue primarily through the exploration and development of gold mining projects. The company invests in geological surveys, drilling, and feasibility studies to identify viable gold reserves. Once these reserves are confirmed and the necessary permits are obtained, Red Lake Gold Inc. moves towards the extraction and processing of gold, which is then sold in the global market. Revenue is further supplemented by strategic partnerships and joint ventures with other mining companies, which can provide additional capital and resources for large-scale projects. The company's earnings are influenced by factors such as gold market prices, extraction costs, and the successful discovery of new gold deposits.

Red Lake Gold Inc Financial Statement Overview

Summary

Red Lake Gold Inc is facing significant operational challenges, reflected in its lack of revenue and persistent losses. Despite a strong balance sheet devoid of debt, the company's inability to generate positive cash flow from operations raises concerns. While the equity position is robust, the sustainability of current operations without revenue poses a significant risk.

Income Statement

Red Lake Gold Inc has consistently reported zero revenue, indicating no sales or production activity. The company has negative EBIT and EBITDA margins, reflecting operational losses. Net income margins are also negative, highlighting ongoing unprofitability.

Balance Sheet

The company has a strong equity position with no debt, resulting in a favorable debt-to-equity ratio. Stockholders' equity constitutes a significant portion of total assets, indicating financial stability. However, the lack of revenue generation poses a risk to sustaining equity levels long-term.

Cash Flow

The company experienced fluctuations in free cash flow with significant negative values, although there was a recent improvement. Operating cash flow remains negative, indicating challenges in generating cash from operations. The reliance on financing activities to fund operations is evident.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-365.27K	-358.00K	-198.00K	-238.00K	-396.00K	-16.00K
Net Income	-2.47M	-358.00K	-248.00K	-238.00K	-396.00K	-277.00K
Balance Sheet
Total Assets	300.12K	2.53M	2.04M	2.18M	2.11M	2.33M
Cash, Cash Equivalents and Short-Term Investments	171.97K	269.38K	42.53K	332.24K	343.11K	504.04K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	0.00	22.78K	13.08K	13.13K	17.88K	21.49K
Stockholders Equity	300.12K	2.50M	2.02M	2.17M	2.09M	2.30M
Cash Flow
Free Cash Flow	-182.82K	-251.93K	-427.31K	-323.83K	-210.93K	-879.48K
Operating Cash Flow	-182.22K	-251.93K	-245.66K	-252.42K	-183.23K	-306.84K
Investing Cash Flow	-189.32K	-263.72K	-181.65K	-71.41K	22.30K	-547.64K
Financing Cash Flow	442.50K	742.50K	137.60K	312.96K	0.00	896.83K

Red Lake Gold Inc Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RGLD, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 67.14 is Neutral, neither overbought nor oversold. The STOCH value of 77.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RGLD.

Red Lake Gold Inc 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%
RGLD	46 Neutral	C$3.52M	-1.45	-207.66%	―	―	-426.09%
HVG	45 Neutral	C$7.84M	-1.41	-93.08%	―	―	-230.94%
RFR	44 Neutral	C$7.71M	-9.52	―	―	―	60.38%
NUG	41 Neutral	C$1.06M	-3.30	-88.34%	―	―	99.38%
FG	39 Underperform	C$3.55M	-2.38	―	―	―	-133.33%
TRG	37 Underperform	C$4.17M	9.46	14.48%	―	―	―

Red Lake Gold Inc Corporate Events

Red Lake Gold Sets January Shareholder Vote on Asset Sale, Listing Status and Name Change

Red Lake Gold Inc. has filed its management information circular and related materials for its annual general and special meeting of shareholders, scheduled for January 22, 2026, in Vancouver. At the meeting, investors will be asked to vote on routine matters such as setting the number of directors, electing directors, and appointing the auditor, as well as key special items including approving potential buyers for a possible asset divestment, deciding whether the company should maintain its listed status, and considering a change of corporate name. Management, directors and insiders will be excluded from voting on the divestment and listing-status resolutions, underscoring the company’s effort to give non-insider shareholders a decisive say on strategic options that could significantly affect Red Lake Gold’s future structure and market positioning.

Red Lake Gold Inc. Acquires Strategic Copper Project Amid Market Surge

Red Lake Gold Inc. has acquired the Soo North Copper Project in Ontario, Canada, as part of its strategy to capitalize on the strong copper market. This acquisition positions the company advantageously, as it holds a 100% interest in the project without third-party obligations, offering flexibility and potential shareholder benefits. The project is strategically located next to Sterling Metals Corp.’s high-grade copper discovery, enhancing Red Lake Gold’s exploration prospects. The company plans to engage third-party consultants for further geological assessments, indicating potential future developments and investments.