Sanu Gold Corp. (SANU) AI Stock Analysis

• Market Cap: C$113.12M
• Dividend Yield: N/A
• Average Volume (3M): 430.39K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: N/A
• EPS Growth: 60.14%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 52
• Industry: Gold
• EPS (TTM): -0.01
• Shares Outstanding: 383,453,030
• 10 Day Avg. Volume: 586,516
• 30 Day Avg. Volume: 430,391
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -62.80
• P/FCF Ratio: 0.00
• 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

Sanu Gold Corp.'s overall stock score is primarily impacted by its challenging financial performance, including lack of revenue and operational losses. However, strong technical momentum and positive corporate events related to exploration funding and discoveries provide a counterbalance, suggesting potential for future improvement. Valuation concerns due to negative earnings further weigh on the score.

Sanu Gold Corp. Business Overview & Revenue Model

Company Description

Sanu Gold Corp. (SANU) is a junior mining exploration company focused on the acquisition, exploration, and development of gold properties in West Africa. The company aims to identify and advance high-potential gold projects through strategic exploration efforts. By leveraging its expertise and regional knowledge, Sanu Gold Corp. seeks to discover economically viable gold deposits, contributing to the supply of precious metals in the global market.

How the Company Makes Money

Sanu Gold Corp. generates revenue primarily through the exploration and potential sale or development of gold mining properties. The company invests in exploration activities to identify gold deposits and increase the value of its properties. Revenue is primarily earned by either selling discovered gold resources, partnering with larger mining companies for further development, or through royalties and joint ventures. These partnerships can provide funding and technical expertise, which help to advance projects towards production. The company may also raise capital through equity financing to fund its exploration and operational activities.

Sanu Gold Corp. Financial Statement Overview

Summary

Sanu Gold Corp. faces significant financial challenges due to the absence of revenue and consistent operational losses. The company's low debt levels and strong equity position are positives, but the lack of profitability and negative cash flows are concerning.

Income Statement

Sanu Gold Corp. shows consistent negative earnings with no revenue generation across reported periods. The company has incurred increasing losses over time, highlighting a lack of profitability and growth in its core operations. The absence of revenue and gross profit margins indicates significant challenges in operational viability.

Balance Sheet

The company maintains a strong equity position with no significant debt, resulting in a favorable debt-to-equity ratio. However, the continuous negative net income impacts return on equity negatively. The high equity ratio suggests the company is mainly funded by equity, which is positive, but the lack of revenue generation remains a concern.

Cash Flow

Sanu Gold Corp. shows a negative free cash flow trend, reflecting its inability to generate cash from operations. The reliance on financing activities to sustain operations indicates potential financial instability. The operating cash flow to net income ratio is not favorable, further emphasizing cash flow management challenges.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 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
	EBIT
-796.42K	-1.73M	-3.65M	-782.66K	-31.22K	-1.01K
	EBITDA
-1.95M	-1.91M	-2.89M	-669.83K	-31.22K	-1.01K
	Net Income Common Stockholders
-1.73M	-1.91M	-2.89M	-895.48K	-25.97K	-1.01K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
11.40M	150.52K	832.39K	3.32M	694.11K	627.00
	Total Assets
24.59M	11.62M	9.74M	8.72M	1.02M	628.00
	Total Debt
0.00	176.39K	0.00	103.50K	103.50K	0.00
	Net Debt
-6.54M	25.87K	-832.39K	-3.21M	-590.61K	-627.00
	Total Liabilities
600.57K	831.20K	568.51K	155.32K	242.17K	12.39K
	Stockholders Equity
23.93M	10.73M	9.06M	8.57M	780.80K	-11.76K
Cash Flow		Free Cash Flow
-4.79M	-4.19M	-6.16M	-3.94M	97.06K	-72.00
	Operating Cash Flow
-1.49M	-1.49M	-3.72M	-865.99K	97.06K	-72.00
	Investing Cash Flow
-3.28M	-2.70M	-1.69M	-3.30M	-323.60K	0.00
	Financing Cash Flow
9.01M	3.51M	2.92M	6.79M	920.02K	0.00

Sanu Gold Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.27
• 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:SANU, the sentiment is Positive. The current price of 0.27 is below the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.26, and above the 200-day MA of 0.13, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 60.00 is Neutral, neither overbought nor oversold. The STOCH value of 47.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SANU.

Sanu Gold Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	81 Outperform	C$2.85B	18.39	26.82%	―	77.93%	236.93%
OR	71 Outperform	$5.17B	232.02	1.33%	0.96%	6.02%	―
BTO	66 Neutral	C$5.37B	―	-18.54%	5.28%	-0.18%	-2195.85%
SANU	53 Neutral	C$113.12M	―	-9.73%	―	―	60.14%
Sector *	47 Neutral	$2.43B	-2.83	-21.77%	3.74%	4.16%	-28.83%
MNO	43 Neutral	C$179.01M	―	-152.28%	―	―	-22.62%

Sanu Gold Corp. Corporate Events

Sanu Gold Secures $10 Million for Expanded Exploration in Guinea

Sanu Gold Corp. has announced a $10 million private placement led by Montage Gold and the Lundin Family, aiming to further its exploration efforts in Guinea, West Africa. The funds will be used for expanding drilling programs and acquiring new exploration permits, with significant stakeholders maintaining their equity interests, potentially strengthening Sanu Gold’s position in the gold exploration industry.

Sanu Gold Upsizes Private Placement to Boost Guinea Exploration

Sanu Gold Corp. has announced an increase in its non-brokered private placement to C$12 million, led by Montage Gold and the Lundin Family, who will maintain significant equity interests in the company. The funds raised will be used to enhance exploration activities in Guinea, including expanding drilling programs and potentially acquiring new exploration permits, thereby strengthening Sanu Gold’s operational capabilities and market position.

Sanu Gold Initiates Follow-Up Drilling at Daina Permit in Guinea

Sanu Gold Corporation has launched a follow-up drilling campaign at its Daina gold exploration permit in Guinea, West Africa, to further explore high-grade intercepts from previous drilling efforts. The program aims to test the continuity of mineralization at the Daina 2 South and Daina 2 Main Zone discoveries, supported by recent trenching and geophysical results. The company’s efforts are bolstered by a strong working capital of approximately $12.5 million, positioning it to advance its projects in Guinea.

Sanu Gold Unveils High-Grade Discovery at Daina Permit in Guinea

Sanu Gold Corporation has announced the discovery of a new high-grade gold zone at its Daina permit, yielding 51 meters of 3.1 g/t gold. Additionally, their first-ever drill program at the Diguifara permit confirmed the presence of wide mineralization. These developments are significant as they enhance the company’s resource base and strengthen its position in the gold mining industry, particularly in a region that is contiguous to properties owned by AngloGold Ashanti.