Strikepoint Gold (SKP) AI Stock Analysis

• Market Cap: C$5.20M
• Dividend Yield: N/A
• Average Volume (3M): 24.82K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.12
• Revenue Growth: N/A
• EPS Growth: -6.57%
• Country: CA
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 41,594,920
• 10 Day Avg. Volume: 16,939
• 30 Day Avg. Volume: 24,822
• PEG Ratio: N/A
• Price to Book (P/B): 1.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.40
• 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

• Rating: 34 Underperform
• Price Target: ―

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 Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for gold, copper, silver, lead, and zinc deposits. The company holds 100% interest in the Willoughby property located in northwestern British Columbia; and Angelina property located in Rice Lake Belt, Manitoba; and the Lobstick Property located in the Lobstick area near Lake of the Woods, Ontario. It also holds interests in Porter Idaho and Handsome Jack property located in Stewart, British Columbia; and Big, BADA, and Boom properties. The company was formerly known as Marum Resources Inc. and changed its name to StrikePoint Gold Inc. in June 2009. StrikePoint Gold Inc. is headquartered in Vancouver, Canada.

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 is facing significant financial challenges, marked by no revenue generation, persistent losses, and negative cash flows. While the company maintains a debt-free balance sheet, its reliance on external financing for cash flow and declining asset base are concerning. The lack of revenue and profitability trajectory poses a risk to its long-term viability in the industrial materials sector.

Income Statement

Strikepoint Gold has not generated any revenue over the past years, which is a significant concern for its income potential. The net losses have increased from CAD -3,486,993 in 2023 to CAD -4,671,354 TTM (Trailing-Twelve-Months). The company's EBIT and EBITDA margins are negative, reflecting ongoing operational challenges. Without revenue, the company cannot demonstrate growth or profitability, and continued losses indicate financial instability.

Balance Sheet

The company's balance sheet shows a relatively stable equity situation with no debt, which is a positive sign in terms of financial leverage. The equity ratio stands at 88.36% TTM, indicating a strong equity base relative to total assets. However, the declining total assets and equity over the years suggest potential liquidity challenges and a shrinking asset base, which may impede future operational capabilities.

Cash Flow

The cash flow statement indicates negative operating cash flows and free cash flows, with the latter deteriorating to CAD -4,009,826 TTM. The company is heavily reliant on financing activities to sustain its operations. The lack of positive cash flow from operations could present risks regarding the company's ability to fund its activities without external financing.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	-149.28K	―	0.00	-790.00
	EBIT
-4.75M	-3.30M	-5.69M	-6.31M	-4.49M
	EBITDA
-4.67M	-190.22K	2.22M	636.13K	-3.68M
	Net Income Common Stockholders
-4.67M	-3.49M	-1.13M	-5.25M	-3.68M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.95M	1.40M	4.18M	5.91M	6.20M
	Total Assets
2.67M	2.03M	4.86M	6.27M	6.38M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-1.95M	-1.40M	-2.70M	-5.91M	-6.20M
	Total Liabilities
309.80K	272.58K	299.35K	648.84K	746.30K
	Stockholders Equity
2.36M	1.76M	4.56M	5.62M	5.63M
Cash Flow		Free Cash Flow
-4.01M	-2.84M	-3.74M	-5.32M	-2.59M
	Operating Cash Flow
-4.01M	-2.84M	-3.74M	-5.32M	-2.59M
	Investing Cash Flow
-191.96K	1.54M	531.63K	86.94K	798.05K
	Financing Cash Flow
4.75M	0.00	0.00	4.94M	7.56M

Strikepoint Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.12
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 0.12 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.15, and below the 200-day MA of 0.20, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.19 is Neutral, neither overbought nor oversold. The STOCH value of -8.33 is Positive, 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
MKR	54 Neutral	C$5.04M	―	-0.72%	―	―	68.27%
ILI	53 Neutral	C$4.16M	6.00	3.85%	―	―	―
MTT	53 Neutral	C$6.43M	9.46		―	―	―
Sector *	50 Neutral	$2.00B	-1.13	-21.16%	3.71%	2.15%	-30.95%
SKP	34 Underperform	C$5.20M	―	-227.22%	―	―	-6.57%
SMN		C$6.76M	―	-178.99%	―	―	―
GCCFF		$4.00M	―	-627.44%	―	―	―

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.