Tarachi Gold (TRG) AI Stock Analysis

• Market Cap: C$4.17M
• Dividend Yield: N/A
• Average Volume (3M): 53.72K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.54
• Revenue Growth: N/A
• EPS Growth: 96.73%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 119,251,810
• 10 Day Avg. Volume: 78,850
• 30 Day Avg. Volume: 53,716
• PEG Ratio: 0.42
• Price to Book (P/B): 0.70
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.11
• 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

• Rating: 37 Underperform
• Price Target: ―

Tarachi Gold's overall score reflects significant financial challenges with no revenue generation and ongoing losses. The technical analysis shows some short-term positive momentum, but valuation metrics are weak due to the lack of profitability. The company's debt-free status provides some stability, but strategic changes are necessary for long-term viability.

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

Tarachi Gold's financial performance is weak due to a lack of revenue generation, consistent negative EBIT and net income, and fluctuating cash flows. Despite a strong equity position, these factors significantly threaten its financial health and sustainability.

Income Statement

Tarachi Gold's income statement reflects a lack of revenue generation, with consistent negative EBIT and net income resulting in negative profit margins. The company has not demonstrated growth in revenue, which is a concern for its long-term viability in the mining industry.

Balance Sheet

The balance sheet shows a strong equity position with minimal liabilities, resulting in a favorable debt-to-equity ratio. However, the absence of significant revenue and profits raises concerns about the sustainability of the equity position in the long run.

Cash Flow

The cash flow statement shows fluctuating operating cash flow with significant past deficits. Even though the recent period shows a positive free cash flow, historical data indicates an unstable cash flow generation, raising concerns about ongoing liquidity.

Breakdown
TTM	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	―	―	0.00	0.00
	EBIT
-129.76K	-901.03K	-2.81M	-3.73M	-1.46M	-223.69K
	EBITDA
1.19M	16.02M	-509.32K	-3.83M	-1.18M	35.22K
	Net Income Common Stockholders
-348.57K	-17.78M	-559.43K	-3.32M	-1.21M	-190.59K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.37M	2.43M	512.78K	1.47M	2.57M	111.78K
	Total Assets
3.47M	3.46M	27.27M	24.69M	4.25M	361.98K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-115.73K	-194.30K	-512.78K	-1.47M	-2.57M	-111.78K
	Total Liabilities
1.50K	57.83K	6.48M	9.84M	1.69M	32.33K
	Stockholders Equity
3.47M	3.40M	20.79M	14.85M	2.57M	329.65K
Cash Flow		Free Cash Flow
-238.47K	-74.01K	-1.62M	-6.53M	-660.63K	-351.40K
	Operating Cash Flow
-238.47K	-74.01K	-1.58M	-3.21M	-510.28K	-199.63K
	Investing Cash Flow
41.27K	-446.07K	-4.02M	-5.74M	-501.85K	-151.77K
	Financing Cash Flow
0.00	0.00	4.71M	7.85M	3.47M	0.00

Tarachi Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 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:TRG, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 59.68 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 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
HVG	52 Neutral	C$7.49M	―	-18.29%	―	―	-0.88%
Sector *	51 Neutral	$2.02B	-1.14	-21.36%	3.64%	2.88%	-30.57%
RGLD	41 Neutral	C$3.27M	―	-206.92%	―	―	-539.74%
FG	39 Underperform	C$1.77M	―	-256.51%	―	―	-105.80%
TRG	37 Underperform	C$4.17M	―	-10.08%	―	―	96.73%
NULGF		$2.64M	―	-196.38%	―	―	―
RFR	21 Underperform	C$3.64M	―	-638.22%	―	―	5.36%

Tarachi Gold Corporate Events

Tarachi Gold Shifts Focus Back to Precious Metals

Tarachi Gold has decided not to pursue a transaction with Prospector Portal and will refocus on its core business of precious metals exploration. With over $3 million in cash and no obligations, the company is well-positioned to explore new opportunities in the precious metals sector. Tarachi remains optimistic about utilizing AI-powered products from Prospector to aid in future mineral discoveries.