Unigold (UGD) AI Stock Analysis

• Market Cap: C$49.62M
• Dividend Yield: N/A
• Average Volume (3M): 400.83K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.13
• Revenue Growth: N/A
• EPS Growth: 35.45%
• Country: CA
• Employees: 105
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 300,752,660
• 10 Day Avg. Volume: 300,475
• 30 Day Avg. Volume: 400,831
• PEG Ratio: 0.22
• Price to Book (P/B): 47.99
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.15
• 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: 44 Neutral
• Price Target: C$0.16 ▼(-5.88% Downside)

The score is driven primarily by weak financial performance (no revenue, ongoing losses, and continued cash burn despite being debt-free), supported by a bearish-to-soft technical setup (below key moving averages with negative MACD). Valuation is also constrained by negative earnings and no dividend yield data.

Positive Factors

Project Advancement

Accelerating the timeline for the Candelones Gold Project indicates strong project management and potential for earlier revenue generation. This advancement can improve Unigold's competitive position and increase shareholder value through timely project execution.

Debt-Free Balance Sheet

Maintaining a zero-debt position provides Unigold with financial flexibility and reduces risk. This allows the company to focus on strategic investments and project development without the burden of interest payments, enhancing long-term sustainability.

Regulatory Advantage

The new regulatory changes allow Unigold to fast-track its Candelones Gold Project, potentially securing a long-term mining license. This positions the company for future growth and stability in the Dominican Republic, enhancing its project pipeline and market position.

Negative Factors

Declining Equity

A declining equity position signals erosion of financial resources, which can impact Unigold's ability to sustain operations. This trend poses a risk to long-term viability and limits the company's capacity to absorb financial shocks.

Lack of Revenue

The absence of revenue generation highlights operational challenges and limits Unigold's ability to achieve profitability. This ongoing issue affects the company's financial health and its capacity to invest in future growth opportunities.

Negative Cash Flow

Negative cash flow indicates that Unigold is not generating sufficient internal resources, leading to reliance on external financing. This situation is unsustainable long-term and poses a risk to the company's ability to fund operations and growth.

Unigold Business Overview & Revenue Model

Company Description

Unigold Inc., a junior natural resource company, focuses on exploring and developing gold projects in Canada and the Dominican Republic. The company also explores for copper, silver, and zinc deposits. It holds an 100% interest in the Neita property covering an area of 21,031 hectares in the Dominican Republic. The company was formerly known as Caribgold Resources Inc. and changed its name to Unigold Inc. in December 2002. Unigold Inc. was incorporated in 1990 and is headquartered in Toronto, Canada.

How the Company Makes Money

Unigold Inc. generates revenue primarily through the exploration and development of its mineral properties, with a focus on identifying and expanding gold reserves. The company aims to increase its value by advancing exploration projects to the point where they can be sold, joint ventured, or developed into producing mines. Unigold may also engage in strategic partnerships or joint ventures with larger mining companies to fund exploration activities or share in the development costs, thereby reducing financial risk and enhancing its revenue potential.

Unigold Financial Statement Overview

Summary

Unigold's financial performance is weak, with no revenue generation, negative EBIT, and declining equity. The absence of debt is a positive aspect but is overshadowed by negative cash flows and operational losses, indicating significant financial distress.

Income Statement

Unigold has consistently recorded no revenue across all periods, with negative EBIT and net income indicating ongoing operational losses. The company’s financial trajectory reflects a lack of revenue generation and high operational costs, leading to poor profit margins and indicating significant financial distress.

Balance Sheet

The company maintains a zero-debt position, which is a positive aspect, but the continuous decrease in stockholders' equity and low asset levels signal potential financial instability. Despite no debt, the equity ratio is diminishing, reflecting an erosion of financial resources and potential risk in sustaining operations.

Cash Flow

Negative free cash flow and operating cash flow indicate insufficient internal cash generation, leading to reliance on financing activities, which is not sustainable long-term. The lack of capital expenditures suggests limited investment in growth or maintenance, further impacting future operational prospects.

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	-112.20K	-137.69K	-160.96K	-249.55K	-252.52K	-58.64K
EBITDA	-1.96M	-2.19M	-2.95M	-6.13M	-7.19M	-4.89M
Net Income	-2.00M	-2.33M	-3.17M	-6.38M	-7.45M	-5.10M
Balance Sheet
Total Assets	1.39M	723.39K	1.54M	1.16M	4.36M	5.29M
Cash, Cash Equivalents and Short-Term Investments	987.84K	245.52K	825.74K	314.03K	3.12M	4.32M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	424.21K	351.92K	371.32K	712.83K	374.52K	107.32K
Stockholders Equity	964.38K	371.47K	1.17M	442.82K	3.98M	5.18M
Cash Flow
Free Cash Flow	-1.34M	-2.19M	-3.18M	-5.47M	-7.00M	-5.21M
Operating Cash Flow	-1.34M	-2.19M	-3.18M	-5.39M	-6.62M	-4.60M
Investing Cash Flow	0.00	0.00	-1.60K	-85.55K	-384.59K	-614.30K
Financing Cash Flow	2.09M	1.51M	3.75M	2.72M	5.97M	7.88M

Unigold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.17
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:UGD, the sentiment is Negative. The current price of 0.17 is above the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.18, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.67 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:UGD.

Unigold 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%
BRW	53 Neutral	C$79.15M	-27.12	-13.12%	―	―	74.95%
RYR	50 Neutral	C$54.47M	-9.32	-71.61%	―	―	53.78%
KLDC	48 Neutral	C$48.36M	-17.65	-16.97%	―	―	―
NPR	47 Neutral	C$44.13M	-8.80	-30.23%	―	―	41.41%
UGD	44 Neutral	C$49.62M	-23.24	-141.64%	―	―	35.45%
GLDC	43 Neutral	C$58.98M	-4.66	-38.12%	―	―	-592.74%

Unigold Corporate Events

Unigold Shifts Director Fees and Staff Compensation Toward Equity Incentives

Unigold Inc. has granted deferred share units to its independent directors, partly in lieu of cash director fees and partly as year-end incentives, all priced at $0.20, reinforcing an equity-based approach to board compensation. The company has also approved the issuance of up to 4.8 million incentive stock options to officers, employees and consultants, exercisable at $0.20 per share until the end of 2030, a move that underscores its reliance on long-term share incentive plans to retain key personnel and align compensation with future share price performance.

The most recent analyst rating on (TSE:UGD) stock is a Hold with a C$0.16 price target. To see the full list of analyst forecasts on Unigold stock, see the TSE:UGD Stock Forecast page.

Unigold Inc. Proposes Warrant Expiry Extension to 2026

Unigold Inc. has announced its intention to extend the expiry dates of over 53 million share purchase warrants to March 31, 2026, with all other terms remaining unchanged. This extension, subject to TSX Venture Exchange approval, includes warrants issued through various private placements and involves related party transactions, highlighting the company’s strategic efforts to manage its financial instruments and maintain investor engagement.