tiprankstipranks
Trending News
More News >
Tristar Gold Inc (TSE:TSG)
:TSG

Tristar Gold (TSG) AI Stock Analysis

Compare
11 Followers

Top Page

TS

Tristar Gold

(TSG)

Rating:44Neutral
Price Target:
Tristar Gold's overall stock score reflects significant challenges in financial performance, particularly in revenue generation and cash flow management, which are critical concerns. While technical analysis suggests some potential support, the negative valuation metrics do not favor investment. Positive corporate events, including leadership stability and project financing, offer some optimism, but the financial struggles weigh heavily on the score. Strategic improvements in operational efficiency and financial management are necessary for a more favorable outlook.

Tristar Gold (TSG) vs. iShares MSCI Canada ETF (EWC)

Tristar Gold Business Overview & Revenue Model

Company DescriptionTriStar Gold, Inc. (TSG) is a mineral exploration company focused primarily on the acquisition, exploration, and development of precious metal properties, with an emphasis on gold deposits. The company's flagship project is the Castelo de Sonhos gold project located in Pará State, Brazil. TriStar Gold aims to advance this project through exploration and development activities to increase its mineral resource base and ultimately establish a profitable mining operation.
How the Company Makes MoneyTriStar 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
10
Very Negative
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
60
Neutral
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
40
Negative
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
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
0.000.000.00-1.64K-1.70K-2.18K
EBIT
-314.48K-2.34M-3.62M-2.83M-1.59M
EBITDA
-1.76M-2.34M-1.39M-1.17M-1.58M
Net Income Common Stockholders
-1.93M-967.20K207.91K-125.27K-1.74M
Balance SheetCash, Cash Equivalents and Short-Term Investments
502.59K3.77M4.98M5.37M10.02M5.54M
Total Assets
28.84M30.43M29.43M27.55M29.23M22.06M
Total Debt
0.000.000.000.000.000.00
Net Debt
-502.59K-3.77M-4.98M-5.37M-10.02M-5.54M
Total Liabilities
912.90K893.71K1.16M1.92M3.97M3.03M
Stockholders Equity
27.93M29.53M28.28M25.63M25.26M19.03M
Cash FlowFree Cash Flow
-3.17M-90.78K-1.53M746.72K-1.40M-2.67M
Operating Cash Flow
-1.45M2.17M785.66K3.67M2.49M-687.73K
Investing Cash Flow
-1.72M-2.26M-2.29M-2.93M-3.89M-1.99M
Financing Cash Flow
0.002.34M3.95M80.86K9.30M8.02M

Tristar Gold Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.19
Price Trends
50DMA
0.17
Positive
100DMA
0.17
Positive
200DMA
0.15
Positive
Market Momentum
MACD
<0.01
Negative
RSI
63.31
Neutral
STOCH
65.00
Neutral
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 0.19 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.17, and above the 200-day MA of 0.15, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 63.31 is Neutral, neither overbought nor oversold. The STOCH value of 65.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TSG.

Tristar Gold Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSELD
78
Outperform
$5.84B12.898.91%41.46%187.54%
TSKNT
77
Outperform
C$3.78B14.6639.28%105.06%481.75%
TSBTO
71
Outperform
$6.51B-17.61%2.22%5.97%-1677.31%
TSOR
69
Neutral
C$6.59B149.682.50%0.74%12.78%
51
Neutral
$2.04B-1.15-21.24%3.95%2.91%-30.44%
TSTSG
44
Neutral
C$66.89M-6.20%-154.05%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:TSG
Tristar Gold
0.19
-0.01
-5.00%
TSE:OR
Osisko Gold Royalties
35.36
13.01
58.22%
TSE:BTO
B2Gold
4.91
1.53
45.05%
TSE:ELD
Eldorado Gold
28.73
8.53
42.23%
TSE:KNT
K92 Mining
15.38
7.78
102.37%

Tristar Gold Corporate Events

Executive/Board ChangesBusiness Operations and StrategyRegulatory Filings and Compliance
TriStar Gold CEO Returns; Castelo de Sonhos Project Gains Regulatory Support
Positive
Apr 2, 2025

TriStar Gold has announced the return of its President and CEO, Nick Appleyard, from leave, with Jessica Van Den Akker resuming her role as Director after serving as interim CEO. The company also provided an update on its Castelo de Sonhos project in Brazil, confirming strong regulatory support for its permitting process, which remains valid and unrestricted as TriStar explores financing options to advance the project.

Private Placements and Financing
TriStar Gold Concludes Successful Private Placement to Advance Brazilian Project
Positive
Feb 21, 2025

TriStar Gold Inc. has successfully closed the final tranche of its non-brokered private placement, selling 1,300,000 common shares at C$0.13 per share for gross proceeds of C$169,000. Overall, the company raised C$1,081,571 in this placement, which will be used for general working capital and to advance the Castelo de Sonhos gold project. The securities are subject to a four-month hold period and the placement awaits final approval from the TSX Venture Exchange.

Private Placements and Financing
TriStar Gold Completes Initial Phase of Private Placement to Fund Key Project
Positive
Feb 6, 2025

TriStar Gold Inc. has successfully closed the first tranche of a non-brokered private placement, raising C$912,571 by selling over 7 million shares at C$0.13 each. The funds will be used for general working capital and to further develop its Castelo de Sonhos project. Notably, key stakeholders including directors and a major shareholder participated in the offering, indicating strong insider confidence. Despite this insider involvement, the process adhered to regulatory guidelines, ensuring no significant change in ownership, thus maintaining stable control and direction of the company.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.