White Metal Resources (TGOL) AI Stock Analysis

• Market Cap: C$12.51M
• Dividend Yield: N/A
• Average Volume (3M): 52.09K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.39
• Revenue Growth: N/A
• EPS Growth: -52.78%
• Country: CA
• Employees: 2
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 227,467,480
• 10 Day Avg. Volume: 39,201
• 30 Day Avg. Volume: 52,086
• PEG Ratio: -0.81
• Price to Book (P/B): 1.60
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -19.02
• 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

Thunder Gold Corp., a junior exploration company, engages in the acquisition, exploration, and development of mining properties in Canada. The company's flagship property is the Tower Mountain gold project located in northwestern Ontario. It also holds interests in the Taranis (Okohongo) Copper-Silver Project and DorWit Copper-Silver project located in located Namibia; and Far Lake Copper-Silver Property located in Thunder Bay, Ontario. The company was formerly known as White Metal Resources Corp. and changed its name to Thunder Gold Corp. in July 2022. Thunder Gold Corp. was founde din 1981 and is based in Thunder Bay, Canada.

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

Thunder Gold Corp faces significant challenges in generating revenue and achieving positive profit margins. The income statement reflects operational inefficiencies with zero revenue and negative net income. The balance sheet shows stability with high equity and no debt, but cash flow remains negative, relying heavily on external financing.

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
	EBIT
-804.96K	-580.03K	-728.78K	-854.45K	-367.27K	-359.88K
	EBITDA
-1.04M	-646.18K	-993.99K	-950.44K	-555.89K	-309.49K
	Net Income Common Stockholders
-1.08M	-690.75K	455.57K	-1.07M	653.20K	-393.86K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.93M	828.39K	1.83M	1.67M	3.71M	514.40K
	Total Assets
9.24M	7.61M	9.78M	7.39M	6.21M	1.47M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-1.71M	-501.74K	-1.51M	-1.13M	-2.89M	-359.68K
	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: 0.06
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 0.06 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.84 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, 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
NWX	54 Neutral	C$13.73M	16.05	28.92%	23.08%	―	-61.61%
Sector *	51 Neutral	$2.03B	-1.13	-21.36%	3.65%	2.87%	-30.54%
TGOL	44 Neutral	C$12.51M	―	-12.23%	―	―	-52.78%
CCE	42 Neutral	C$14.84M	―	-45.75%	―	―	-1014.38%
FMC	37 Underperform	C$18.56M	―	-242.26%	―	―	-57.21%
MTS		C$13.40M	―	-2533.52%	―	―	―
TTX	26 Underperform	C$8.79M	―	66.82%	―	―	37.50%

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.