Solstice Gold (SGC) AI Stock Analysis

• Market Cap: C$7.26M
• Dividend Yield: N/A
• Average Volume (3M): 80.58K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.63
• Revenue Growth: N/A
• EPS Growth: 82.35%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 52
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 207,549,560
• 10 Day Avg. Volume: 82,877
• 30 Day Avg. Volume: 80,578
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -6.80
• 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

Solstice Gold's overall stock score reflects significant financial challenges, including a lack of revenue and ongoing losses. However, the company shows some promise due to recent positive corporate events and technical momentum. The absence of earnings call data limits a deeper understanding of strategic direction, emphasizing the need for cautious optimism.

Solstice Gold Business Overview & Revenue Model

Company Description

Solstice Gold Corp. (SGC) is a Canadian mineral exploration company focused on the acquisition, exploration, and development of gold and other mineral properties. Operating primarily within the mining sector, Solstice Gold aims to identify and advance high-potential mineral assets, leveraging strategic exploration to increase value. The company is committed to sustainable and responsible exploration practices, contributing to its growth and success in the competitive mining industry.

How the Company Makes Money

Solstice Gold makes money primarily through the exploration and development of mineral properties, with a focus on gold. The company generates revenue by discovering and advancing mineral assets to a stage where they can attract investment or be sold to larger mining companies. Key revenue streams include the sale or joint venture of high-potential exploration properties, securing funding from strategic partnerships, and raising capital through equity offerings. The company's ability to identify promising mineral resources and efficiently manage exploration activities is crucial to its profitability. Additionally, partnerships with other mining or investment entities can provide necessary financial resources and technological expertise to enhance exploration outcomes.

Solstice Gold Financial Statement Overview

Summary

Solstice Gold is experiencing significant financial challenges with no revenue, substantial losses, and negative cash flows. The balance sheet is leveraged, and despite a reasonable cash position, the lack of revenue generation is a critical issue. The company needs strategic adjustments to improve financial health and achieve sustainability.

Income Statement

Solstice Gold's income statement reflects no revenue generation, leading to negative margins. The Gross Profit Margin, Net Profit Margin, EBIT Margin, and EBITDA Margin are all negative due to significant losses. The company has not shown revenue growth, which is a major concern for future profitability.

Balance Sheet

The balance sheet shows a high level of liabilities relative to equity, with a declining Equity Ratio indicating reduced stability. The Debt-to-Equity Ratio is concerning with equity decreasing over recent periods. However, the company holds a significant amount of cash relative to its debt, providing some liquidity.

Cash Flow

Negative operating cash flow and free cash flow indicate financial stress. The Free Cash Flow Growth Rate and ratios to Net Income are negative, showing ongoing cash burn without profitability. However, the company has managed to secure financing, which temporarily supports cash flow.

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
-6.00K	0.00	-3.50K	0.00	0.00	0.00
	EBIT
-347.78K	-993.96K	-3.99M	-5.64M	-426.89K	-711.46K
	EBITDA
-637.78K	-886.49K	-3.52M	-5.64M	-426.89K	-711.46K
	Net Income Common Stockholders
-602.71K	-886.48K	-3.52M	-5.56M	-416.82K	-680.78K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.21M	522.26K	1.08M	1.98M	721.77K	1.82M
	Total Assets
3.24M	556.65K	1.14M	2.20M	786.56K	17.08M
	Total Debt
0.00	0.00	40.00K	40.00K	40.00K	30.00K
	Net Debt
-3.21M	-378.67K	-538.15K	-1.65M	-681.77K	-1.79M
	Total Liabilities
443.16K	195.48K	136.60K	408.94K	206.24K	618.02K
	Stockholders Equity
2.80M	361.17K	999.52K	1.79M	580.32K	16.46M
Cash Flow		Free Cash Flow
-527.47K	-920.01K	-3.82M	-9.50M	-1.12M	-2.88M
	Operating Cash Flow
-527.47K	-920.01K	-3.82M	-5.45M	-389.33K	-678.10K
	Investing Cash Flow
147.32K	194.81K	38.00K	-5.38M	-729.32K	-2.20M
	Financing Cash Flow
123.59K	525.73K	2.67M	6.41M	20.00K	1.21M

Solstice Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 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:SGC, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 55.07 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SGC.

Solstice Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	47 Neutral	$2.43B	-2.83	-21.77%	3.74%	4.16%	-28.83%
SGC	45 Neutral	C$7.26M	―	-156.70%	―	―	82.35%
MAU	45 Neutral	C$1.06B	―	-29.27%	―	―	-64.01%
PRB	44 Neutral	C$331.89M	―	-109.44%	―	―	10.27%
SEA	38 Underperform	$1.41B	―	-3.92%	―	―	1.89%
GLD	33 Underperform	C$2.50M	―	-188.34%	―	―	83.95%

Solstice Gold Corporate Events

Solstice Gold Initiates Drill Program at Strathy Project

Solstice Gold has announced the launch of a 3,500-meter diamond drill program at its Strathy Gold Project in the Temagami Greenstone Belt, Ontario. This initiative aims to explore five high-priority target areas, leveraging recent geophysical surveys that suggest a larger mineralizing system than previously documented. The program is significant for Solstice as it seeks to uncover new gold deposits, potentially enhancing its position in the mining sector and offering promising opportunities for stakeholders.

Solstice Gold Closes Upsized $1.15M Private Placement

Solstice Gold Corp. has successfully closed an upsized private placement financing, raising approximately $1.15 million. The funds will primarily support exploration programs, including a diamond drill program at the Strathy Gold Project, enhancing the company’s operational capabilities and exploration potential.

Solstice Gold Upsizes Private Placement to $1.15 Million

Solstice Gold Corp. has increased its non-brokered private placement offering from $850,000 to $1,150,000 due to strong investor demand. The proceeds will be used to fund exploration programs, particularly a diamond drill program at the Strathy Gold Project, and for general corporate purposes. The offering is subject to TSX Venture Exchange approval and involves participation from the company’s board and management, indicating strong internal confidence in the company’s strategic direction.

Solstice Gold Announces $850,000 Financing for Exploration

Solstice Gold Corp. has announced a correction to its previous press release regarding an $850,000 financing initiative through a non-brokered private placement. The offering will consist of premium flow-through units, flow-through common shares, and company units, with the majority of proceeds allocated to gold exploration at the Strathy Gold Project. The financing involves significant participation from the company’s board and senior management, and is subject to regulatory approvals, with the closing expected by March 31, 2025.

Blair Schultz Increases Stake in Solstice Gold to Over 13%

Blair Schultz has acquired 11,000,000 common shares of Solstice Gold Corp, increasing his control to 13.03% of the company’s issued and outstanding common shares. This acquisition, completed for investment purposes, may lead to further changes in Schultz’s holdings based on market conditions and future evaluations.

Michael Gentile Increases Stake in Solstice Gold Corp with Major Share Acquisition

Michael Gentile has acquired 9,926,000 common shares of Solstice Gold Corp, a transaction that increases his ownership to 16.76% of the company’s outstanding shares. This acquisition, executed on the TSX Venture Exchange, represents an investment move by Gentile, who may alter his holdings based on market conditions.

Michael Gentile Becomes Largest Shareholder in Solstice Gold, Signaling Strong Confidence in Exploration Potential

Michael Gentile has increased his stake in Solstice Gold Corp., becoming its largest shareholder with a 16.76% ownership. This move is seen as a strong endorsement of Solstice’s potential, particularly with its Strathy Gold Project, which holds promising undiscovered gold resources in the Abitibi Subprovince. Gentile’s investment signals confidence in the company’s growth prospects, which are bolstered by its diverse portfolio of exploration projects and current undervaluation in the market.

Solstice Gold Identifies New High-Priority Targets at Strathy Gold Project

Solstice Gold Corp has announced the identification of large-scale geophysical anomalies at its Strathy Gold Project through a 17.5 line-km Alpha IP survey by Simcoe Geosciences. The survey has uncovered 50 new exploration targets, with 42 categorized as high-priority, offering significant exploration opportunities in the Abitibi Subprovince. These results may enhance Solstice’s operational capabilities by providing drill-ready and permitted targets, potentially impacting the company’s industry positioning by identifying new mineralization structures and enhancing exploration prospects.