White Metal Resources (TGOL) AI Stock Analysis

• Market Cap: C$12.51M
• Dividend Yield: N/A
• Average Volume (3M): 70.04K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.45
• Revenue Growth: N/A
• EPS Growth: -52.78%
• Country: CA
• Employees: 2
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 227,467,480
• 10 Day Avg. Volume: 111,675
• 30 Day Avg. Volume: 70,043
• PEG Ratio: -0.12
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.16
• 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: 44 Neutral
• Price Target: ―

The overall score reflects significant financial performance challenges, particularly the lack of revenue and negative cash flows. Positive corporate events and mixed technical indicators slightly offset these weaknesses. However, the negative valuation metrics and lack of earnings guidance remain key concerns. The company's strategic initiatives could improve its market position if successful, but financial sustainability issues are predominant.

White Metal Resources Business Overview & Revenue Model

Company Description

White Metal Resources (TGOL) is a mineral exploration company focused on identifying, acquiring, and developing mineral properties with potential for significant resource growth. The company operates primarily in the mining sector, exploring for precious and base metals, including gold, silver, and copper. Its core activities involve conducting exploration programs to discover and delineate mineral deposits across its portfolio of projects.

How the Company Makes Money

White Metal Resources makes money through the exploration and development of mineral properties, which can lead to the discovery of economically viable mineral resources. The company's primary revenue streams include the sale or optioning of its mineral properties to other mining companies, entering into joint venture agreements, or developing the properties into producing mines. Significant partnerships with other mining companies or investors can provide the necessary capital and technical expertise to advance exploration projects, enhancing the potential for future earnings. Revenue generation is largely dependent on the successful identification and development of mineral resources that attract investment or acquisition interest.

White Metal Resources Financial Statement Overview

Summary

White Metal Resources faces significant financial performance challenges, with zero revenue, negative net income and EBIT, and negative cash flows. Despite having a strong equity position with no debt, the company's reliance on financing activities and inability to generate positive cash flows pose sustainability concerns.

Income Statement

The company has consistently reported zero revenue, indicating a lack of operational income. Negative net income and EBIT suggest operational inefficiencies or high costs. There is no revenue growth, and all profit margins are negative, reflecting poor financial health in terms of income generation.

Balance Sheet

The company maintains a strong equity position with no debt, as indicated by a zero debt-to-equity ratio. The equity ratio is high, suggesting financial stability in terms of asset financing through equity. However, the negative net income affects the return on equity, limiting profitability.

Cash Flow

The company consistently reports negative operating and free cash flows, which is a concern for sustainability. The lack of positive cash flow from operations suggests challenges in covering operational costs. Financing activities seem to be the primary source of cash, posing a risk if external funding decreases.

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	-14.36K	-13.07K	-10.08K	-3.85K	-1.27K	0.00
EBITDA	-1.04M	-646.18K	-993.99K	-950.44K	-555.89K	-309.49K
Net Income	-1.08M	-690.75K	455.57K	-1.07M	653.20K	-393.86K
Balance Sheet
Total Assets	9.24M	7.61M	9.78M	7.39M	6.21M	1.47M
Cash, Cash Equivalents and Short-Term Investments	1.93M	828.39K	1.83M	1.67M	3.71M	514.40K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	107.31K	47.83K	884.67K	183.73K	122.80K	28.04K
Stockholders Equity	9.14M	7.56M	8.89M	7.18M	6.06M	1.42M
Cash Flow
Free Cash Flow	-837.34K	-692.60K	-691.46K	-514.11K	-472.72K	-796.23K
Operating Cash Flow	-700.79K	-692.60K	-641.65K	-500.54K	-462.85K	-278.09K
Investing Cash Flow	-303.45K	-328.41K	-755.48K	-2.38M	-853.95K	-378.13K
Financing Cash Flow	1.15M	0.00	1.08M	1.83M	3.85M	679.77K

White Metal Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.05
• 50DMA: Positive
• 100DMA: Negative
• 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:TGOL, the sentiment is Positive. The current price of 0.05 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.06, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 51.67 is Neutral, neither overbought nor oversold. The STOCH value of 72.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TGOL.

White Metal Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GMA	59 Neutral	C$24.38M	―	-65.04%	―	-89.84%	-16.41%
CNC	54 Neutral	$170.42M	―	-0.58%	―	―	91.44%
TGOL	44 Neutral	C$12.51M	―	-12.23%	―	―	-52.78%
VZZ	44 Neutral	C$6.00M	―	-8.47%	―	22.12%	-466.04%
Sector *	44 Neutral	C$953.01M	-6.70	-13.31%	2.75%	17.55%	-32.28%
NOB	36 Underperform	C$11.86M	―	-31.93%	―	―	-9.80%

White Metal Resources Corporate Events

Thunder Gold Corp. Enhances Market Liquidity with New Partnership

Thunder Gold Corp. has engaged the Independent Trading Group to provide market-making services to enhance the liquidity of its common shares on the TSX Venture Exchange. This strategic move aims to improve the company’s market presence and potentially attract more investors by ensuring a reasonable market for its shares.

Thunder Gold Corp Unveils 2025 Exploration Plan for Tower Mountain

Thunder Gold Corp has announced its 2025 exploration and drilling plan for the Tower Mountain Gold Property, aiming to expand known gold mineralization and prioritize gold-in-soil anomalies. The plan includes a 50 line-kilometre ground magnetic survey and a phased drilling program targeting the P-Target and Western Contact Zone, with the potential to significantly enhance the company’s resource estimates and industry positioning.