Solstice Gold (SGC) AI Stock Analysis

• Market Cap: C$25.27M
• Dividend Yield: N/A
• Average Volume (3M): 138.96K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.26
• Revenue Growth: N/A
• EPS Growth: -100.00%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 252,719,330
• 10 Day Avg. Volume: 134,058
• 30 Day Avg. Volume: 138,963
• 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: 48 Neutral
• Price Target: C$0.11 ▲(42.50% Upside)

The score is primarily constrained by weak financial performance (pre-revenue, ongoing losses, and continued cash burn with equity erosion), partially offset by constructive technical momentum (trend above key moving averages with positive MACD). Valuation provides limited support given the negative P/E and absence of dividend yield.

Positive Factors

Low leverage / minimal debt

Minimal debt materially lowers financial risk for a pre-revenue explorer, reducing fixed obligations and bankruptcy risk. This structural conservatism preserves optionality to pursue drilling or JV deals and improves flexibility when raising capital under adverse market conditions.

Focused gold exploration model

A clear, specialised exploration mandate builds technical expertise and repeatable processes for target generation, permitting and drill programs. This focused strategy creates scalable project optionality and partner JV potential, which can deliver asymmetric value if discoveries occur.

Improving loss trend

A meaningful reduction in losses indicates tighter cost control and lower ongoing burn, extending operational runway. Sustained discipline can reduce the frequency and size of future financings, improving execution on exploration milestones and preserving shareholder value over the medium term.

Negative Factors

Pre-revenue with persistent losses

Being pre-revenue with recurring operating losses forces continual external funding to progress exploration. This structural dependence raises execution risk, can delay project milestones, and increases probability of dilution, undermining long-term shareholder returns if discoveries are not made.

Sharp equity erosion / dilution risk

Rapid erosion of shareholders' equity reflects cumulative losses and likely financings, shrinking the balance-sheet buffer. Structurally, this elevates dilution risk and weakens the company's ability to absorb setbacks or attract favorable JV/partner terms without issuing more equity.

Weak and volatile cash generation

Sustained negative and variable cash flow makes long-term project planning and continuous exploration difficult without new capital. This volatility increases financing frequency and cost, raising the risk that resource development timelines slip or projects are scaled back due to funding constraints.

Solstice Gold Business Overview & Revenue Model

Company Description

Solstice Gold Corp. engages in the exploration for and development of mineral resource properties in Ontario and Nunavut, Canada. It primarily explores for gold deposits. The company holds a 100% interest in the Kahuna gold project covering an area of 866 square kilometers located in Nunavut, as well as secondary rights covering an adjacent 683 square kilometres. It also has an option agreement to acquire a 100% interest in the Red Lake Extension project consisting of 10 claims located in the northern part of the Red Lake Gold District. The company was formerly known as Dunnedin Gold Inc. and changed its name to Solstice Gold Corp. in September 2017. Solstice Gold Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Solstice Gold makes money primarily through the exploration and potential development of gold properties. The company's revenue model involves identifying promising gold deposits, conducting comprehensive geological assessments, and advancing these projects to a stage where they can attract investment or be sold to larger mining companies. Key revenue streams include funding from investors, joint ventures, and potential sale or leasing of mineral rights. Solstice Gold may also earn income through strategic partnerships with other mining companies looking to expand their gold exploration portfolios. The company's earnings are significantly influenced by factors such as the market price of gold, exploration success, and its ability to secure capital for ongoing operations.

Solstice Gold Financial Statement Overview

Summary

Solstice Gold is facing major financial challenges, with no revenue and significant losses impacting all financial statements. The income statement shows negative margins due to ongoing losses, and the balance sheet reveals high liabilities relative to equity with a concerning Debt-to-Equity Ratio. Cash flows are negative, indicating financial stress despite some liquidity support from financing activities.

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	Dec 2025	Dec 2023	Dec 2022	Dec 2021	Dec 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	-3.50K	0.00	0.00
EBITDA	-1.19M	-1.15M	-886.49K	-3.99M	-5.64M	-426.89K
Net Income	-1.15M	-1.15M	-886.48K	-3.52M	-5.56M	-416.82K
Balance Sheet
Total Assets	551.96K	551.96K	556.65K	1.14M	2.20M	786.56K
Cash, Cash Equivalents and Short-Term Investments	344.59K	344.59K	522.26K	1.08M	1.98M	721.77K
Total Debt	60.26K	60.26K	0.00	80.00K	80.00K	80.00K
Total Liabilities	321.41K	321.41K	195.48K	136.60K	408.94K	206.24K
Stockholders Equity	230.56K	230.56K	361.17K	999.52K	1.79M	580.32K
Cash Flow
Free Cash Flow	-1.33M	-1.33M	-920.01K	-3.82M	-9.50M	-389.33K
Operating Cash Flow	-1.33M	-1.33M	-920.01K	-3.82M	-5.45M	-389.33K
Investing Cash Flow	19.81K	19.81K	194.81K	38.00K	0.00	-729.32K
Financing Cash Flow	1.27M	1.27M	525.73K	2.67M	6.41M	20.00K

Solstice Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 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:SGC, the sentiment is Positive. The current price of 0.08 is above the 20-day moving average (MA) of 0.08, 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 Negative momentum. The RSI at 61.78 is Neutral, neither overbought nor oversold. The STOCH value of 75.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SGC.

Solstice Gold 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%
PPP	54 Neutral	C$178.45M	-9.49	-71.51%	―	―	4.64%
KORE	51 Neutral	C$12.35M	-7.03	-7091.27%	―	―	-128.42%
LVX	49 Neutral	C$84.66M	-15.96	-42.27%	―	―	28.32%
SGC	48 Neutral	C$25.27M	-16.67	-1390.86%	―	―	-100.00%
EMR	46 Neutral	C$2.59M	-5.10	-93.89%	―	―	81.37%
XIM	46 Neutral	C$4.03M	-1.23	―	―	―	45.20%

Solstice Gold Corporate Events

Solstice Gold Corp. Raises $1.12M in Private Placement to Boost Exploration

Solstice Gold Corp. announced the completion of a private placement, raising $1.12 million through the issuance of common shares and units. This funding supports their exploration activities, including the promising Strathy Gold Project, which has shown high-grade gold mineralization and potential for significant discoveries. The announcement underscores Solstice’s strategic focus on expanding its exploration footprint and enhancing its project portfolio, potentially benefiting stakeholders through increased resource development and exploration success.

Solstice Gold Expands Exploration at Strathy Project Following Red Cedar Discovery

Solstice Gold Corp. has launched an expanded Alpha IP survey at its Strathy Gold Project in Ontario’s Temagami Greenstone Belt, following a successful initial drill program that led to the Red Cedar Discovery. This survey aims to refine high-priority drill targets by extending and defining anomalies associated with the discovery, which remains open for expansion. The results will guide a fully funded winter drill program, enhancing Solstice’s exploration efforts and potentially increasing its gold resource base, thus strengthening its position in the mining industry.

Solstice Gold Closes Upsized $1.1 Million Private Placement

Solstice Gold Corp. has successfully closed an upsized private placement financing, raising approximately $1.1 million. The funds will primarily support exploration activities at the Strathy Gold Project, particularly a follow-up drill program at the Red Cedar Discovery. This financing move underscores Solstice’s commitment to advancing its exploration efforts and potentially enhancing its market position in the gold mining sector.

Solstice Gold Launches $1 Million Financing for Ontario Exploration

Solstice Gold Corp. has announced a non-brokered private placement financing to raise $1,000,000, which will be used to fund exploration programs at its mining projects in Ontario and for general corporate purposes. The financing will support the follow-up drill program at the Red Cedar Discovery within the Strathy Gold Project, enhancing Solstice’s exploration efforts and potentially strengthening its position in the gold mining sector.