Sanu Gold Corp. (SANU) AI Stock Analysis

• Market Cap: C$128.92M
• Dividend Yield: N/A
• Average Volume (3M): 533.05K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.68
• Revenue Growth: N/A
• EPS Growth: 48.28%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 429,741,200
• 10 Day Avg. Volume: 519,230
• 30 Day Avg. Volume: 533,055
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: C$0.30 ▲(3.10% Upside)

The score is held back primarily by pre-revenue status with accelerating losses and significant cash burn, implying continued funding needs. It is supported by a strong, low-debt balance sheet and positive corporate updates, while technicals are mildly constructive but not strong and valuation is constrained by negative earnings.

Positive Factors

Balance Sheet Strength

The absence of debt and sizable equity provide Sanu Gold with financial flexibility and reduce near-term solvency risk, supporting long-term stability.

Expansion of Gold Mineralization

The expansion of gold mineralization at the Daina property highlights potential for resource development, enhancing long-term exploration upside and value creation.

Leadership Strengthening

The addition of experienced leaders in geology and business development positions Sanu Gold to effectively advance exploration activities and capitalize on new opportunities.

Negative Factors

Pre-Revenue Status

Being pre-revenue means Sanu Gold relies on external funding, increasing financial risk and potential dilution until revenue generation begins.

Cash Burn

Significant cash burn from operations and investments necessitates ongoing funding, posing a risk to financial sustainability if not managed.

Widening Losses

Increasing losses reflect a higher cost base and weaker profitability, challenging Sanu Gold's ability to achieve financial stability without revenue.

Sanu Gold Corp. Business Overview & Revenue Model

Company Description

Sanu Gold Corp. engages in the acquisition, exploration, and development of gold projects in Guinea, West Africa. Its flagship project is the Banta Baye property, which covers a total surface area of 99.9 square kilometers located northwest of the Kouroussa township of Guinea. The company was formerly known as Hibiki Capital Corp. and changed its name to Sanu Gold Corp. in April 2021. Sanu Gold Corp. was incorporated in 2018 and is based in Vancouver, Canada.

How the Company Makes Money

Sanu Gold Corp. makes money through the exploration and development of gold properties, which involves several key revenue streams. Primarily, the company generates revenue by discovering gold deposits and subsequently selling or leasing these properties to larger mining companies or investors. Additionally, Sanu Gold Corp. may enter into joint ventures or strategic partnerships with other mining firms to share the costs and profits associated with gold exploration and extraction. The company also benefits from any increases in the market value of gold, which can enhance the profitability of their operations. While the company may not yet have significant production, its value is often tied to the potential for future gold discoveries and the overall market demand for gold.

Sanu Gold Corp. Financial Statement Overview

Summary

Sanu Gold Corp. shows consistent negative earnings with no revenue generation, indicating significant challenges in operational viability. Despite a strong equity position with no significant debt, the continuous negative net income and negative free cash flow trend highlight potential financial instability and the need for improved cash flow management.

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	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-9.00K	0.00	0.00	0.00	0.00	0.00
EBITDA	-6.13M	-1.91M	-1.91M	-3.65M	-669.83K	-25.96K
Net Income	-3.27M	-1.91M	-1.91M	-2.89M	-895.48K	-25.97K
Balance Sheet
Total Assets	27.83M	29.20M	11.62M	9.74M	8.72M	1.02M
Cash, Cash Equivalents and Short-Term Investments	24.32M	25.81M	150.52K	832.39K	3.32M	694.11K
Total Debt	0.00	0.00	176.39K	0.00	0.00	103.50K
Total Liabilities	327.87K	478.24K	831.20K	568.51K	155.32K	242.17K
Stockholders Equity	27.44M	28.66M	10.73M	9.06M	8.57M	780.80K
Cash Flow
Free Cash Flow	-13.13M	-8.00M	-4.19M	-6.16M	-3.94M	97.06K
Operating Cash Flow	-10.62M	-7.88M	-1.49M	-3.72M	-865.99K	97.06K
Investing Cash Flow	6.83M	-3.61M	-2.70M	-1.69M	-3.30M	-323.60K
Financing Cash Flow	14.73M	19.28M	3.51M	2.92M	6.79M	920.02K

Sanu Gold Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.29
• 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 0.29 is above the 20-day moving average (MA) of 0.28, above the 50-day MA of 0.28, and below the 200-day MA of 0.29, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.77 is Neutral, neither overbought nor oversold. The STOCH value of 78.33 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
MJS	68 Neutral	C$161.61M	13.96	7.20%	8.87%	28.21%	-9.76%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AU	58 Neutral	C$226.68M	-39.58	-7.79%	―	―	-105.98%
SANU	56 Neutral	C$128.92M	-39.33	-15.41%	―	―	48.28%

Sanu Gold Corp. Corporate Events

Sanu Gold Expands Gold Mineralization at Daina Property in Guinea

Sanu Gold Corporation announced significant drill results from its exploration activities in the Siguiri Basin, Guinea, highlighting the expansion of gold mineralized zones at its Daina property. The company reported successful drilling at multiple targets, revealing extensive gold systems and confirming the potential for further exploration. With a strong financial position, Sanu Gold is set to continue its exploration efforts in FY-2026, aiming to unlock the potential of its district-scale land package.