Sanu Gold Corp. (SANU) AI Stock Analysis

• Market Cap: C$130.37M
• Dividend Yield: N/A
• Average Volume (3M): 538.84K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.57
• Revenue Growth: N/A
• EPS Growth: 60.14%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Gold
• EPS (TTM): -0.01
• Shares Outstanding: 383,453,030
• 10 Day Avg. Volume: 366,965
• 30 Day Avg. Volume: 538,842
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 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

Sanu Gold Corp. faces significant financial challenges with consistent operational losses and negative cash flows. However, the strong technical momentum and positive corporate events 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. 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. 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
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00
	EBIT
-1.73M	-3.65M	-782.66K	-31.22K	-1.01K
	EBITDA
-1.91M	-2.89M	-669.83K	-31.22K	-1.01K
	Net Income Common Stockholders
-1.91M	-2.89M	-895.48K	-25.97K	-1.01K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
150.52K	832.39K	3.32M	694.11K	627.00
	Total Assets
11.62M	9.74M	8.72M	1.02M	628.00
	Total Debt
176.39K	0.00	103.50K	103.50K	0.00
	Net Debt
25.87K	-832.39K	-3.21M	-590.61K	-627.00
	Total Liabilities
831.20K	568.51K	155.32K	242.17K	12.39K
	Stockholders Equity
10.73M	9.06M	8.57M	780.80K	-11.76K
Cash Flow		Free Cash Flow
-4.19M	-6.16M	-3.94M	97.06K	-72.00
	Operating Cash Flow
-1.49M	-3.72M	-865.99K	97.06K	-72.00
	Investing Cash Flow
-2.70M	-1.69M	-3.30M	-323.60K	0.00
	Financing Cash Flow
3.51M	2.92M	6.79M	920.02K	0.00

Sanu Gold Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.34
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 0.34 is below the 20-day moving average (MA) of 0.34, above the 50-day MA of 0.31, and above the 200-day MA of 0.16, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.33 is Neutral, neither overbought nor oversold. The STOCH value of 50.33 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
KNT	80 Outperform	C$3.22B	20.79	26.82%	―	77.93%	236.93%
SANU	51 Neutral	C$130.37M	―	-9.73%	―	―	60.14%
Sector *	49 Neutral	$1.96B	-1.23	-21.20%	3.72%	0.88%	-29.24%
MNO	45 Neutral	C$270.27M	―	-152.28%	―	―	-22.62%

Sanu Gold Corp. Corporate Events

Sanu Gold Corp. Announces Annual Shareholder Meeting and Board Nominee

Sanu Gold Corp. announced its Annual and Special Meeting of Shareholders scheduled for May 21, 2025, where shareholders will vote on the election of board members, including new nominee Peter Hemstead, who brings extensive financial and mining industry expertise. This addition to the board is expected to enhance the company’s governance and support its strategic focus on exploration value. The meeting materials are available on SEDAR+ and the company’s website.

Spark’s Take on TSE:SANU Stock

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

Sanu Gold Corp.’s stock score is primarily impacted by 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.

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

Sanu Gold Corp. Secures C$10.7 Million in Upsized Private Placement

Sanu Gold Corp. has successfully closed an upsized private placement, raising over C$10.7 million, with significant participation from Montage Gold, AngloGold Ashanti, and the Lundin Family. The funds 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.

Spark’s Take on TSE:SANU Stock

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

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.

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

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.