Strikepoint Gold (SKP) AI Stock Analysis

• Market Cap: C$6.24M
• Dividend Yield: N/A
• Average Volume (3M): 54.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.16
• Revenue Growth: N/A
• EPS Growth: -6.57%
• Country: CA
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 61
• Industry: Industrial Materials
• EPS (TTM): -0.17
• Shares Outstanding: 41,594,920
• 10 Day Avg. Volume: 31,937
• 30 Day Avg. Volume: 54,132
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -1.40
• 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

Strikepoint Gold's overall score is primarily affected by its poor financial performance, marked by no revenue and persistent losses, which raises concerns about its long-term viability. Positive corporate events related to its Hercules Project provide some potential for future growth. Technical indicators and valuation metrics also suggest limited immediate upside, contributing to a cautious overall assessment.

Strikepoint Gold Business Overview & Revenue Model

Company Description

Strikepoint Gold (SKP) is a mineral exploration company focused on the acquisition, exploration, and development of gold and silver properties in North America. The company primarily operates in the mining sector and is dedicated to advancing its portfolio of high-potential mineral projects. Strikepoint Gold aims to discover and develop economically viable mineral resources, thereby contributing to the supply chain of precious metals.

How the Company Makes Money

Strikepoint Gold makes money through the successful exploration and development of its mineral properties. The company's primary revenue streams include the discovery and sale of gold and silver deposits. By advancing exploration activities, Strikepoint Gold adds value to its properties, which can then be sold, joint-ventured, or optioned to other mining companies. Additionally, the company may enter into strategic partnerships or joint ventures, which can provide funding for exploration activities and share the risks and rewards of mineral development. Revenue is also generated from any subsequent production or royalties if the properties are developed into producing mines.

Strikepoint Gold Financial Statement Overview

Summary

Strikepoint Gold's financials reveal significant operational challenges with zero revenue, large net losses, and negative cash flows. The company faces severe profitability and liquidity issues. Although the absence of debt is positive, the declining equity and asset base pose substantial risks.

Income Statement

Strikepoint Gold has consistently reported zero revenue over the years, indicating no operational income from its mining activities. The net profit margin and other profitability metrics are significantly negative, reflecting ongoing operational losses. The company shows no signs of revenue growth, which is concerning for future profitability and sustainability.

Balance Sheet

The company's balance sheet reveals an extremely low equity base, with equity decreasing over recent periods. The debt-to-equity ratio is favorable at zero debt, but this is offset by the shrinking stockholder's equity. The equity ratio has deteriorated, indicating a weaker financial position. The absence of debt is a positive aspect, yet the overall financial health remains weak due to low asset levels and declining equity.

Cash Flow

Strikepoint Gold's cash flow statements highlight persistent negative operating and free cash flows, suggesting ongoing cash burn without revenue generation. The free cash flow has deteriorated over time, and the operating cash flow to net income ratio is negative, indicating inefficiency in converting income into cash. The lack of positive cash flows raises concerns about liquidity and financial sustainability.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-149.28K	―	0.00	-790.00	-1.16K
	EBIT
-3.30M	-5.69M	-6.31M	-4.49M	-4.39M
	EBITDA
-190.22K	2.22M	636.13K	-3.68M	-3.96M
	Net Income Common Stockholders
-3.49M	-1.13M	-5.25M	-3.68M	-3.96M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.40M	4.18M	5.91M	6.20M	432.11K
	Total Assets
2.03M	4.86M	6.27M	6.38M	627.09K
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-1.40M	-2.70M	-5.91M	-6.20M	-432.11K
	Total Liabilities
272.58K	299.35K	648.84K	746.30K	103.16K
	Stockholders Equity
1.76M	4.56M	5.62M	5.63M	523.94K
Cash Flow		Free Cash Flow
-2.84M	-3.74M	-5.32M	-2.59M	-3.75M
	Operating Cash Flow
-2.84M	-3.74M	-5.32M	-2.59M	-3.75M
	Investing Cash Flow
1.54M	531.63K	86.94K	798.05K	-39.00K
	Financing Cash Flow
0.00	0.00	4.94M	7.56M	3.68M

Strikepoint Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SKP, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.16, and below the 200-day MA of 0.21, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.82 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SKP.

Strikepoint Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	81 Outperform	C$3.05B	19.68	26.82%	―	77.93%	236.93%
SKE	52 Neutral	C$1.80B	―	-141.24%	―	―	-19.29%
Sector *	49 Neutral	$1.95B	-1.61	-21.88%	3.78%	0.55%	-26.94%
SKP	34 Underperform	C$6.24M	―	-227.22%	―	―	-6.57%
BTR	31 Underperform	C$41.72M	―	-108.81%	―	―	7.15%

Strikepoint Gold Corporate Events

StrikePoint Gold Reports Promising Drilling Results at Hercules Project

StrikePoint Gold Inc. announced promising initial results from its spring 2025 drilling at the Hercules Gold Project in Nevada’s Walker Lane, revealing near-surface gold mineralization across the first four drillholes. The results suggest the potential for an open pit heap leach operation, aligning with the company’s exploration target for the property. With Nevada’s reputation as a leading mining jurisdiction and the project’s promising assay results, StrikePoint is well-positioned to advance its operations and potentially enhance its market standing.

Spark’s Take on TSE:SKP Stock

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

Strikepoint Gold’s overall score is primarily affected by its poor financial performance, marked by no revenue and persistent losses, which raises concerns about its long-term viability. However, positive corporate events related to its Hercules Project provide some potential for future growth. Technical indicators and valuation metrics also suggest limited immediate upside, contributing to a cautious overall assessment.

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

StrikePoint Gold Launches Drilling at Hercules Project in Nevada

StrikePoint Gold Inc. has initiated a drilling program at the Hercules Gold Project in Nevada’s Walker Lane, targeting an exploration goal of up to 1.02 million ounces of oxide gold. Acquired for $250,000, the project is a key asset for StrikePoint, reflecting its strategy of advancing undervalued assets. The drilling aims to infill and expand the mineralization, with results expected by Q2 2025, potentially defining a multi-million ounce gold resource and strengthening the company’s position in the gold mining industry.

StrikePoint Gold Unveils Promising Exploration Target for Hercules Project

StrikePoint Gold Inc. has released its first technical report on the Hercules Gold Project, revealing an exploration target of between 819,000 and 1,018,000 ounces of gold at grades ranging from 0.48 to 0.63 g/t Au. This report highlights the project’s potential, suggesting that previous drilling has only begun to uncover its full scope, with multiple untested targets remaining. The findings, while promising, are still conceptual and require further exploration to confirm as a mineral resource. The report, prepared by APEX Geoscience Ltd., will be available on SEDAR within 45 days, providing stakeholders with detailed insights into the project’s potential impact on the company’s operations and industry positioning.