Sasquatch Resources Corp. (SASQ) AI Stock Analysis

• Market Cap: C$4.54M
• Dividend Yield: N/A
• Average Volume (3M): 49.39K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.28
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 37,795,430
• 10 Day Avg. Volume: 29,111
• 30 Day Avg. Volume: 49,388
• PEG Ratio: -0.01
• Price to Book (P/B): 1.75
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.54
• 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: ―

Sasquatch Resources Corp. is under pressure due to financial challenges, including no revenue and shrinking cash reserves. While technical indicators and corporate events suggest potential stability and growth, the lack of earnings and negative cash flow present significant risks. The absence of debt offers some flexibility, but the company needs to secure additional funds to improve its financial standing.

Positive Factors

Strategic Acquisitions

The acquisition of the Santana mineral claim enhances Sasquatch's strategic positioning, providing new exploration opportunities and potential resource development, which could strengthen its market position over time.

Debt-Free Balance Sheet

Having no debt provides Sasquatch Resources with financial flexibility, allowing it to focus on strategic initiatives and investments without the burden of interest payments, which is crucial for long-term sustainability.

Private Placement for Growth

The private placement aims to fund key projects, indicating proactive steps towards growth and development. This could lead to enhanced operational capabilities and potential revenue generation in the future.

Negative Factors

Negative Cash Flow

Persistent negative cash flow indicates challenges in generating sufficient cash from operations, which could strain financial resources and limit the company's ability to invest in growth opportunities.

No Revenue Generation

The absence of revenue generation is a significant concern, as it suggests the company is not yet monetizing its assets, which is critical for long-term viability and investor confidence.

Shrinking Equity Position

A decreasing equity ratio indicates a reduction in asset coverage by equity, which could signal weakening financial health and increased risk, potentially impacting future funding and investment capabilities.

Sasquatch Resources Corp. Business Overview & Revenue Model

Company Description

Sasquatch Resources Corp. operates as a mineral exploration company in Canada. It holds an option to acquire a 100% interest in tha Mount Sicker property with 1 contiguous block of 17 cell mineral claims covering 2,103 hectares located within the Victoria mining division of British Columbia, Canada. The company was formerly known as Scenc Resources Corp. and changed its name to Sasquatch Resources Corp. in May 2022. Sasquatch Resources Corp. was incorporated in 2021 and is based in Vancouver, Canada.

How the Company Makes Money

Sasquatch Resources Corp. generates revenue through the exploration and subsequent development of mineral-rich properties. The company's primary revenue stream comes from the sale of extracted minerals, such as gold and silver, to various buyers in the commodities market. Additionally, SASQ may engage in joint ventures and partnerships with other mining companies to share the costs and profits of mining operations. The company also potentially earns income from the licensing of its mining rights or the sale of its properties to other companies looking to expand their resource portfolios. Key factors contributing to its earnings include fluctuations in mineral prices, successful acquisition and development of high-yield properties, and operational efficiencies in mining activities.

Sasquatch Resources Corp. Financial Statement Overview

Summary

Sasquatch Resources Corp. faces significant financial challenges, with no revenue generation and consistent losses. The balance sheet shows no debt, providing some flexibility, but decreasing equity and asset levels pose risks. Cash flow is negative and worsening, indicating liquidity issues.

Income Statement

Sasquatch Resources Corp. has reported no revenue across all periods, indicating a lack of sales. The company has consistent net losses, with TTM net income at -378,754 and worsening EBIT and EBITDA margins. The absence of revenue growth is a major concern.

Balance Sheet

The company has a strong equity position with a debt-to-equity ratio of 0, highlighting no debt burden. However, the equity ratio has decreased from 97% to 91%, indicating a reduction in asset coverage by equity. The decreasing asset base and equity are risks.

Cash Flow

Operating cash flow remains negative, with a TTM free cash flow of -364,604, suggesting poor cash generation. The free cash flow worsened compared to previous periods, indicating increasing cash outflows without revenue support.

Breakdown	TTM	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00
EBITDA	-362.79K	-343.64K	-121.52K
Net Income	-378.75K	-345.22K	-122.29K
Balance Sheet
Total Assets	361.42K	523.04K	650.00K
Cash, Cash Equivalents and Short-Term Investments	126.62K	388.42K	622.41K
Total Debt	0.00	0.00	0.00
Total Liabilities	31.19K	16.32K	19.31K
Stockholders Equity	330.23K	506.73K	630.69K
Cash Flow
Free Cash Flow	-364.60K	-347.86K	-104.12K
Operating Cash Flow	-264.60K	-299.76K	-89.12K
Investing Cash Flow	-18.00K	-48.09K	-15.00K
Financing Cash Flow	0.00	113.86K	726.54K

Sasquatch Resources Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.12
• 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:SASQ, the sentiment is Positive. The current price of 0.12 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.07, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 65.40 is Neutral, neither overbought nor oversold. The STOCH value of 76.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SASQ.

Sasquatch Resources Corp. 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%
SASQ	46 Neutral	C$4.54M	―	―	―	―	―
MEGA	35 Underperform	C$1.12M	-0.25	-234.41%	―	―	10.75%
CTN	16 Underperform	C$1.05M	-1.18	―	―	―	-129.14%
MYR	13 Underperform	C$5.66M	-11.54	-230.08%	―	―	71.86%

Sasquatch Resources Corp. Corporate Events

Sasquatch Resources Reports High-Grade Sampling Results at Mount Sicker and Copper Road

Sasquatch Resources reported encouraging new sampling results from its Mount Sicker Main Waste Pile and nearby Copper Road projects, including higher-than-expected grades from deeper hand- and auger-dug samples and strong continuous channel samples from mineralized outcrops, with notable concentrations of gold, silver, copper and zinc. The company highlighted average copper grades approaching 1% from grid samples along the newly built Copper Road and higher-grade copper from adjacent mineralized veins, reinforcing the potential for both economic recovery of waste rock and further hard-rock exploration, while advancing its broader strategy of turning historical mine waste liabilities into revenue-generating, environmentally rehabilitated sites across multiple properties in British Columbia.

Sasquatch Resources Expands Mineral Claims Near USA Border

Sasquatch Resources Corp. has announced the acquisition of 14 mineral claims, known as the Slesse Gold Claims, covering approximately 1,989 hectares south of Chilliwack, British Columbia, near the USA border. This strategic move includes 11 claims acquired through an agreement with a company director, Justin Deveault, and an application for 3 additional claims. The acquisition aims to explore potential gold and mineral resources in the area, including historic mining sites. The company’s exploration efforts could enhance its market position by potentially uncovering valuable mineral deposits, which may have implications for stakeholders and future operations.

Sasquatch Resources Expands Mineral Claims on Mount Sicker

Sasquatch Resources Corp. has completed the acquisition of 14 mineral claims on Mount Sicker, which includes a newly discovered area of mineralization known as Copper Road. This acquisition is significant as it potentially enhances the company’s reclamation strategy by adding high-grade waste and the prospect of a new hard rock deposit. The company plans to assess the mineralized rock volume and grades in the coming weeks, which could support its existing ore-sorting plans with minimal additional capital cost. The transaction involved issuing 2,000,000 common shares and granting a 1.0% net smelter returns royalty to the vendors.

Sasquatch Resources Expands Mineral Claims on Mount Sicker and Updates Santana Property

Sasquatch Resources Corp. has executed an agreement to acquire 14 mineral claims on Mount Sicker, Vancouver Island, covering 1,636 hectares. This acquisition includes the issuance of 2,000,000 common shares and a 1.0% net smelter returns royalty to the vendors. The newly acquired claims have exposed substantial mineralization due to recent logging road construction, which the company plans to exploit. Additionally, Sasquatch provided an update on its Santana property, where a grid sampling program was completed to assess the composition of gold, copper, and silver in waste rock, with further exploration planned.