Tarachi Gold (TRG) AI Stock Analysis

• Market Cap: C$5.37M
• Dividend Yield: N/A
• Average Volume (3M): 54.37K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.71
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 119,251,810
• 10 Day Avg. Volume: 43,347
• 30 Day Avg. Volume: 54,366
• PEG Ratio: -0.03
• Price to Book (P/B): 1.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -15.11
• 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: 45 Neutral
• Price Target: C$0.04 ▲(10.00% Upside)
• Action: Upgraded Date: 02/24/26
• Date: Action: Upgraded 02/24/26

The score is held down primarily by weak financial quality (no revenue, ongoing operating losses, and negative latest-year cash flow) and bearish technical signals (below key moving averages with negative MACD and weak RSI). Valuation is a modest offset with a mid-teens P/E, but is less supportive given the unstable operating profile.

Positive Factors

Zero debt / conservative leverage

A debt-free capital structure materially reduces solvency and refinancing risk for an exploration-stage miner. With zero reported debt, management has greater flexibility to fund exploration and development through equity or staged JV deals, which cushions the company through commodity cycles and long project timelines.

Cash conversion when profitable

Historical alignment of free cash flow and net income in profitable periods indicates the business can convert reported gains into operating cash. For a capital-intensive exploration developer, this implies that when the company achieves positive results, those profits are likely to support operations and project advancement without large structural cash shortfalls.

Focused precious-metals exploration strategy

A clear, concentrated strategy in precious metals and a geography with established mining infrastructure supports scalable project development. This focus allows management to apply specialist technical expertise and local permitting knowledge, increasing the odds of advancing discoveries to economic resource stages versus a dispersed multi-commodity approach.

Negative Factors

No reported revenue

Absence of operating revenue means the company remains dependent on financing and asset development milestones rather than cash-generating operations. Over a multi-month horizon this limits visibility into sustainable business momentum and increases execution risk as progress relies on successful exploration outcomes and external funding.

Persistent operating losses (negative EBIT)

Repeated negative EBIT demonstrates the core exploration and corporate activities are not yet self-sustaining. Reliance on non-operating items or one-offs to produce net profits reduces predictability of earnings and suggests continued need for financing until projects reach production or are monetized.

Inconsistent cash generation

Volatile operating and free cash flow indicates an uneven funding profile and episodic liquidity pressure. Combined with a materially contracted equity/asset base since 2022, the company may face reduced internal cushions and periodic reliance on external capital, raising dilution and execution risk during long exploration cycles.

Tarachi Gold Business Overview & Revenue Model

Company Description

Tarachi Gold Corp. engages in the exploration of mineral properties. It primarily explores for gold deposit. The company has an option to acquire a 100% interest in the Tarachi project located in the Sierra Madre gold belt of Sonora, Mexico. It also holds a 100% interest in the Magistral Del Oro Mill and Tailings project located in the Durango, Mexico. The company was formerly known as Kal Minerals Corp. and changed its name to Tarachi Gold Corp. in April 2020. Tarachi Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Tarachi Gold Corp. generates revenue through the exploration and development of gold properties, which involves identifying promising mining sites, conducting feasibility studies, and eventually extracting and selling gold. The company's primary revenue stream is anticipated from the sale of gold extracted from its mining operations, although it may also earn income through joint ventures, partnerships, or the sale of exploration rights. Significant partnerships with other mining companies or investors can provide necessary capital for exploration and development, contributing to the company's earnings potential. However, as an exploration-stage company, Tarachi Gold might not yet have significant revenue from gold production and may rely on financing activities to fund its operations.

Tarachi Gold Financial Statement Overview

Summary

Financial profile is weak due to no reported revenue, persistent negative EBIT, and volatile earnings and cash flow (operating cash flow and free cash flow turned negative in the latest year). The main offset is a conservative balance sheet with zero debt and positive equity, which reduces solvency risk.

Income Statement

The company reports no revenue across the available annual periods, which limits visibility into operating momentum and business scalability. Profitability has been highly volatile: net income swung from a very large loss in 2023 to a profit in 2025, but operating profit remains negative in every year (EBIT losses persist), indicating the core business is still not self-sustaining. Overall, results look driven more by non-operating items and one-offs than by a steady, revenue-backed earnings profile.

Balance Sheet

Leverage is very conservative with total debt consistently at zero, which reduces financial risk and near-term solvency pressure. Equity remains positive, and return on equity improved to positive in 2025 after several loss-making years, showing some recovery in bottom-line performance. The main weakness is the sharp decline in the equity/asset base since 2022, which suggests the balance sheet has contracted materially and may offer less cushion versus earlier periods.

Cash Flow

Cash generation is inconsistent: operating cash flow was positive in 2024 but turned negative again in 2025, and free cash flow is also negative in 2025 after being positive the year prior. This pattern points to an uneven funding profile and potential reliance on external capital during weaker periods. A positive offset is that when the company reports profits (2025), free cash flow is roughly in line with net income, but the overall trend remains volatile.

Breakdown	Oct 2025	Oct 2024	Oct 2023	Oct 2022	Oct 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	―	-126.00
EBITDA	482.51K	-323.26K	16.02M	-509.32K	-3.83M
Net Income	420.81K	-281.12K	-17.78M	-559.43K	-3.32M
Balance Sheet
Total Assets	3.39M	3.45M	3.46M	27.27M	24.69M
Cash, Cash Equivalents and Short-Term Investments	3.16M	3.39M	2.43M	512.78K	1.47M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	34.28K	43.87K	57.83K	6.48M	9.84M
Stockholders Equity	3.36M	3.40M	3.40M	20.79M	16.03M
Cash Flow
Free Cash Flow	-236.78K	818.90K	-74.01K	-1.62M	-6.53M
Operating Cash Flow	-236.78K	818.90K	-74.01K	-1.58M	-3.21M
Investing Cash Flow	61.34K	-866.93K	-446.07K	-4.02M	-5.74M
Financing Cash Flow	0.00	0.00	0.00	4.71M	7.85M

Tarachi Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 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:TRG, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.05, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.76 is Neutral, neither overbought nor oversold. The STOCH value of 52.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TRG.

Tarachi 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%
SMP	49 Neutral	C$6.32M	-4.05	-231.76%	―	―	-286.86%
WINS	46 Neutral	C$6.64M	-2.55	-107.25%	―	―	―
TRG	45 Neutral	C$5.37M	-103.83	14.48%	―	―	―
XIM	43 Neutral	C$4.31M	-1.77	―	―	―	45.20%
ELEM	41 Neutral	C$4.15M	-7.79	-262.52%	―	―	75.05%