Triumph Gold (TIG) AI Stock Analysis

• Market Cap: C$41.79M
• Dividend Yield: N/A
• Average Volume (3M): 160.75K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.13
• Revenue Growth: N/A
• EPS Growth: -204.88%
• Country: CA
• Employees: 7
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 59,703,510
• 10 Day Avg. Volume: 69,856
• 30 Day Avg. Volume: 160,752
• PEG Ratio: 0.32
• Price to Book (P/B): 3.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -46.09
• 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: 53 Neutral
• Price Target: C$0.79 ▲(25.71% Upside)

The score is held down primarily by weak financial performance (minimal revenue, recurring losses, and ongoing cash burn). Technical conditions are comparatively strong with an upward trend and positive momentum, while valuation remains constrained by negative earnings. The recent private placement modestly improves funding runway but underscores continued dependence on financing.

Positive Factors

Balance Sheet Strength

Zero reported TTM debt materially reduces refinancing and interest-rate risk for an exploration company. Low leverage provides flexibility to fund drilling and technical programs from equity or modest financing, preserving solvency while projects advance over the medium term.

Focused Exploration Business Model

A clear, disciplined exploration mandate concentrates capital on defining resources and de‑risking projects via geology, geochemistry and drilling. This model can generate long-term value if discoveries are made, aligning spending with milestone-driven de‑risking over months to years.

Positive Equity Trend

Improving shareholder equity provides a balance‑sheet cushion against continued exploration losses. A stronger equity base supports solvency and underpins the company’s ability to sustain multi‑period exploration programs without immediate liquidation risk.

Negative Factors

Absence of Revenue

Lack of recurring revenue means the business cannot self‑fund operations or demonstrate operating leverage. Persistent net losses erode equity over time and force reliance on capital markets, making long‑term project development contingent on external funding availability.

Negative Cash Generation

Sustained negative operating and free cash flow indicate ongoing cash burn from exploration activities. This structural cash outflow pattern constrains project timelines, increases dilution risk from frequent raises, and limits ability to scale operations without fresh capital.

Dependence on External Financing

Regular recourse to equity financing ties the company’s pace of exploration to capital‑market access and creates dilution risk for shareholders. Dependence on placements may limit strategic flexibility if market conditions deteriorate, impacting long‑term project advancement.

Triumph Gold Business Overview & Revenue Model

Company Description

Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties. The company explores for gold, silver, copper, molybdenum, stungsten, lead, and zinc deposits. Its flagship project is the Freegold Mountain project located in Yukon, Canada. The company was formerly known as Northern Freegold Resources Ltd. and changed its name to Triumph Gold Corp. in January 2017. Triumph Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Triumph Gold makes money primarily through the exploration and development of its mineral properties, with a focus on identifying and advancing gold and copper resources. The company's revenue model is centered around increasing the value of its properties through exploration and drilling activities, which can lead to increased resource estimates and potential partnerships or joint ventures with larger mining companies. Triumph Gold may also generate revenue through the sale of its properties or by entering into royalty agreements. Additionally, the company may engage in strategic partnerships, such as option agreements, that provide funding and share exploration costs while retaining interest in its projects. As a junior mining company, Triumph Gold relies heavily on raising capital through equity financing to fund its exploration activities until its projects reach a stage where they can generate revenue through production or asset sales.

Triumph Gold Financial Statement Overview

Summary

Overall fundamentals are weak: revenue is largely absent and losses are persistent, with ongoing negative operating and free cash flow (cash burn). The balance sheet is a relative positive with minimal-to-zero debt and positive equity, but negative returns and continued cash outflows remain the dominant risk.

Income Statement

Financial performance is very weak: revenue is effectively absent in most periods (including TTM (Trailing-Twelve-Months)), while losses are persistent and sizable (TTM net loss of about $2.5M; 2024 net loss about $0.7M). Profitability is structurally negative with negative gross profit in multiple years, indicating limited operating scale and ongoing cost pressure. A relative positive is that losses are meaningfully smaller than 2020–2021 levels, but the business still lacks a consistent revenue base to demonstrate operating leverage.

Balance Sheet

The balance sheet is a clear strength versus the income statement: debt is minimal-to-zero in recent periods (TTM total debt reported at $0), resulting in very low leverage and reduced refinancing risk. Equity remains positive and has improved from 2024 to TTM, supporting solvency. The main weakness is value creation: returns on equity are consistently negative (TTM return on equity around -0.68), reflecting ongoing losses that can continue to erode equity over time if not funded externally.

Cash Flow

Cash generation is weak, with negative operating cash flow and negative free cash flow across all periods (TTM operating cash flow about -$1.6M; TTM free cash flow about -$1.9M). Cash burn improved significantly in 2024 versus 2023, but TTM (Trailing-Twelve-Months) burn has re-accelerated, pointing to renewed spending or working-capital pressure. While free cash flow is not worse than net income (free cash flow to net income is above 1x), that largely reflects losses being accompanied by ongoing cash outflows rather than strong cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	21.92K	0.00	0.00	0.00
Gross Profit	-2.72K	-4.15K	13.87K	-85.47K	-111.90K	-66.16K
EBITDA	-2.50M	-735.41K	-1.18M	-1.33M	-5.02M	-4.96M
Net Income	-2.51M	-741.32K	-1.19M	-1.52M	-5.15M	-5.03M
Balance Sheet
Total Assets	4.15M	3.82M	4.02M	3.70M	3.92M	7.97M
Cash, Cash Equivalents and Short-Term Investments	9.99K	2.41K	193.48K	2.75K	41.68K	4.27M
Total Debt	0.00	0.00	0.00	662.00	106.22K	198.47K
Total Liabilities	568.02K	815.44K	308.31K	2.53M	1.22M	453.07K
Stockholders Equity	3.58M	3.01M	3.71M	1.17M	2.69M	7.51M
Cash Flow
Free Cash Flow	-1.89M	-213.31K	-2.88M	-388.51K	-4.26M	-3.31M
Operating Cash Flow	-1.60M	-213.31K	-2.73M	-378.56K	-4.06M	-3.23M
Investing Cash Flow	-285.70K	-12.76K	-147.49K	-9.94K	-192.67K	-80.89K
Financing Cash Flow	1.90M	35.00K	3.07M	349.57K	30.90K	6.65M

Triumph Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.63
• 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:TIG, the sentiment is Positive. The current price of 0.63 is below the 20-day moving average (MA) of 0.66, above the 50-day MA of 0.56, and above the 200-day MA of 0.35, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 55.89 is Neutral, neither overbought nor oversold. The STOCH value of 51.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TIG.

Triumph 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%
TIG	53 Neutral	C$41.79M	-14.00	-72.48%	―	―	-204.88%
DAU	52 Neutral	C$21.64M	-7.34	-468.03%	―	―	13.49%
EMNT	50 Neutral	C$55.40M	-24.63	-25.92%	―	―	44.28%
BVA	47 Neutral	C$17.49M	-35.71	―	―	―	30.00%
TNR	45 Neutral	C$36.04M	-23.85	-494.44%	―	―	-18.18%

Triumph Gold Corporate Events

Triumph Gold Corp. Completes $1.9 Million Private Placement

Triumph Gold Corp. has successfully closed a non-brokered private placement, raising $1,937,000 through the issuance of 6,456,664 units at $0.30 per unit. The funds will be used for general working capital and further exploration of the Freegold Mountain Project. The placement includes common shares and warrants, with a portion purchased by Executive Chair John Anderson, constituting a related party transaction.