Tristar Gold (TSG) AI Stock Analysis

• Market Cap: C$80.97M
• Dividend Yield: N/A
• Average Volume (3M): 104.94K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.90
• Revenue Growth: N/A
• EPS Growth: 50.45%
• Country: CA
• Employees: 31
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.00
• Shares Outstanding: 352,059,750
• 10 Day Avg. Volume: 29,792
• 30 Day Avg. Volume: 104,941
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.91
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.97
• 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: 56 Neutral
• Price Target: C$0.21 ▼(-6.36% Downside)

The score is primarily driven by a strong, debt-free balance sheet but offset by zero revenue, recurring losses, and ongoing cash burn. Technicals are supportive with the stock trading above major moving averages and a positive MACD. Valuation is constrained by negative earnings, while a favorable legal update provides a modest positive tailwind.

Positive Factors

Regulatory Support

Regulatory support for the Castelo de Sonhos project enhances its development prospects, reducing legal risks and facilitating project advancement.

Leadership Stability

The return of the CEO provides leadership continuity, which is crucial for strategic execution and maintaining investor confidence in the company's direction.

Successful Capital Raising

The successful capital raising improves financial flexibility, providing funds to advance the Castelo de Sonhos project and support operational needs.

Negative Factors

Negative Cash Flow

Negative free cash flow indicates cash management issues, potentially affecting the company's ability to fund operations and invest in growth opportunities.

Liquidity Concerns

Declining cash reserves may hinder operational capabilities and project advancement, posing risks to financial stability if not addressed.

Zero Revenue

The absence of revenue generation highlights operational challenges and limits the company's ability to achieve profitability, impacting long-term viability.

Tristar Gold Business Overview & Revenue Model

Company Description

TriStar Gold, Inc. engages in the acquisition, exploration, and development of precious metal prospects in the Americas. Its flagship property is its 100% owned the Castelo de Sonhos gold project that consists of approximately 17,177 hectares of mineral rights on six contiguous claims located in Pará State, Brazil. The company was incorporated in 2010 and is headquartered in Scottsdale, Arizona.

How the Company Makes Money

TriStar Gold generates revenue through the exploration and development of its gold properties, with a primary focus on increasing the value of its flagship project, Castelo de Sonhos. The company primarily makes money by advancing its projects to stages where they become attractive for acquisition or joint ventures with larger mining companies. Additionally, TriStar may raise capital through the issuance of shares or debt to fund its exploration and development activities, which is common in the mineral exploration industry. Partnerships with other mining companies or investors can also provide funding and expertise to help advance projects towards production. The ultimate goal is to establish a profitable mining operation or to sell its developed projects to larger mining entities.

Tristar Gold Financial Statement Overview

Summary

Tristar Gold's financial statements portray a company struggling with revenue generation and profitability, as reflected in its income statement. Despite a strong equity base and absence of debt, liquidity concerns arise from decreasing cash reserves. Cash flow analysis further emphasizes operational challenges, with negative free cash flow and inconsistent cash generation. Strategic initiatives focused on revenue generation and cash flow management are crucial for improving financial health.

Income Statement

Tristar Gold has consistently reported zero revenue, highlighting a significant concern in terms of income generation. The absence of revenue over multiple periods implies challenges in operational activities or market presence. The company is also facing significant net losses and negative EBIT and EBITDA, indicating ongoing operational inefficiencies and financial instability. Without a revenue stream, the potential for profitability remains highly constrained.

Balance Sheet

The company's balance sheet shows a strong equity position with no debt, resulting in a favorable debt-to-equity ratio. This reflects financial prudence and minimizes risk exposure from leverage. The equity ratio is high, indicating that the company is primarily financed through equity rather than debt, which provides a buffer against financial distress. However, the consistent decline in cash and cash equivalents over the years may signal liquidity issues, which could impact future operations if not addressed.

Cash Flow

Tristar Gold's cash flow statement reveals volatility in operating cash flows, with a significant negative free cash flow in the TTM period. The high variability in free cash flow points to potential issues in cash management and operational sustainability. The negative operating cash flow to net income ratio indicates that the company is not generating sufficient cash from its operations to cover its net losses, leading to potential liquidity constraints.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
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	-1.64K	-1.70K
EBITDA	-1.30M	-1.54M	―	-2.34M	-1.39M	-1.17M
Net Income	-1.21M	-1.93M	―	-967.20K	207.91K	-125.27K
Balance Sheet
Total Assets	34.89M	28.84M	30.43M	29.43M	27.55M	29.23M
Cash, Cash Equivalents and Short-Term Investments	7.28M	502.59K	3.77M	4.98M	5.37M	10.02M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	3.62M	912.90K	893.71K	1.16M	1.92M	3.97M
Stockholders Equity	44.93M	27.93M	29.53M	28.28M	25.63M	25.26M
Cash Flow
Free Cash Flow	-3.48M	-3.17M	-90.78K	-1.53M	746.72K	-1.40M
Operating Cash Flow	-1.79M	-1.45M	2.17M	785.66K	3.67M	2.49M
Investing Cash Flow	-1.94M	-1.72M	-2.26M	-2.29M	-2.93M	-3.89M
Financing Cash Flow	7.41M	0.00	2.34M	3.95M	80.86K	9.30M

Tristar Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.22
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TSG, the sentiment is Positive. The current price of 0.22 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.18, and above the 200-day MA of 0.17, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 72.95 is Negative, neither overbought nor oversold. The STOCH value of 91.45 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TSG.

Tristar 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%
TSG	56 Neutral	C$80.97M	-41.82	-4.12%	―	―	50.45%
ALTA	56 Neutral	C$82.99M	-45.16	-5.78%	―	―	37.37%
YGT	55 Neutral	C$82.74M	-52.63	-2.88%	―	―	36.67%
BRAU	54 Neutral	C$76.78M	-30.90	-24.87%	―	―	60.96%
GTCH	50 Neutral	C$77.51M	-10.45	-651.67%	―	―	30.90%
GPAC	43 Neutral	C$62.45M	-3.79	-43.89%	―	―	―

Tristar Gold Corporate Events

TriStar Gold Advances in Legal Proceedings for Castelo de Sonhos Project

TriStar Gold has reported a positive development in the ongoing Civil Public Action regarding the environmental license for its Castelo de Sonhos gold project. A judge has decided not to rule on an injunction request that sought to suspend the license, allowing the case to proceed through the normal legal process. This decision is seen as favorable by TriStar, as it allows for evidence production, which the company is confident will demonstrate no environmental impact from the project. The project remains operational under its current preliminary license, and the company emphasizes that it is located a significant distance from Indigenous Lands, with studies confirming no adverse impacts.