Volcanic Gold Mines Inc (VG) AI Stock Analysis

• Market Cap: C$4.56M
• Dividend Yield: N/A
• Average Volume (3M): 27.67K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.27
• Revenue Growth: N/A
• EPS Growth: -23.94%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 57
• Industry: Gold
• EPS (TTM): -0.06
• Shares Outstanding: 45,551,210
• 10 Day Avg. Volume: 18,257
• 30 Day Avg. Volume: 27,668
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -5.40
• P/FCF Ratio: 0.00
• 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

Volcanic Gold Mines Inc has a very low overall score due to severe financial performance issues, with zero revenue and worsening losses despite having no debt. The technical analysis indicates some short-term positive trends, but these are overshadowed by the lack of earnings and dividends, making the stock a high-risk investment.

Volcanic Gold Mines Inc Business Overview & Revenue Model

Company Description

Volcanic Gold Mines Inc (VG) is a mineral exploration company focused on identifying and advancing mineral properties with significant gold potential. Operating primarily in the resource-rich regions of West Africa and Latin America, the company seeks to discover and develop high-grade gold deposits. Volcanic Gold Mines Inc leverages its expertise in geology and exploration to create value through strategic exploration and potential joint ventures or sales of its mineral interests.

How the Company Makes Money

Volcanic Gold Mines Inc makes money primarily through the exploration and development of gold mining properties. The company generates revenue by discovering mineral resources and increasing their value through exploration activities. Once significant gold deposits are identified, the company may choose to sell these assets to larger mining companies, enter into joint ventures, or continue to develop the mines themselves. Revenue can also be generated through royalties or other financial arrangements with partners who wish to exploit the mineral resources. The company's earnings are influenced by factors such as gold market prices, exploration success, and strategic partnerships with other mining entities.

Volcanic Gold Mines Inc Financial Statement Overview

Summary

Volcanic Gold Mines Inc is facing significant financial challenges with zero revenue and increasing losses. Despite having no debt, the company's deteriorating asset base and negative cash flows raise concerns about its long-term viability. Immediate strategic actions may be necessary to improve financial performance and ensure sustainability.

Income Statement

Volcanic Gold Mines Inc shows zero revenue generation, which is a significant concern for long-term sustainability. The company is incurring substantial losses, with worsening net income and negative EBIT and EBITDA margins. The company lacks revenue growth, indicating stalled business operations.

Balance Sheet

The company has a strong equity position with no debt, which provides stability in terms of financial leverage. However, the continuous decline in total assets and equity due to ongoing losses is concerning. The equity ratio remains high, but shrinking equity could pose future risks.

Cash Flow

The cash flow analysis reveals negative free cash flow with no signs of improvement. Operating cash flow remains negative and is deteriorating, indicating operational inefficiencies and the inability to cover operating expenses. Free cash flow to net income ratio is poor, suggesting challenges in converting earnings into cash that can be reinvested or distributed.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-47.33K	-48.06K	-44.90K	-29.52K	-369.00	-5.12K
	EBIT
-2.54M	-2.35M	-2.65M	-4.30M	-2.27M	-283.05K
	EBITDA
-2.72M	-2.25M	-2.61M	-4.37M	-2.26M	-192.68K
	Net Income Common Stockholders
-2.92M	-2.29M	-2.66M	-4.40M	-2.26M	-197.80K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
82.67K	3.16M	5.60M	8.22M	11.72M	162.74K
	Total Assets
167.56K	3.66M	5.94M	8.62M	11.94M	232.04K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-82.67K	-3.16M	-5.60M	-8.22M	-11.72M	-162.74K
	Total Liabilities
392.42K	234.33K	265.45K	253.09K	216.68K	130.99K
	Stockholders Equity
-48.45K	3.60M	5.86M	8.54M	11.90M	277.47K
Cash Flow		Free Cash Flow
-2.79M	-2.43M	-2.65M	-3.84M	-893.07K	-290.03K
	Operating Cash Flow
-2.58M	-2.23M	-2.61M	-3.65M	-793.07K	-290.03K
	Investing Cash Flow
-208.78K	-207.31K	-19.16K	-195.60K	-108.80K	0.00
	Financing Cash Flow
0.00	0.00	2.25K	347.06K	12.46M	370.10K

Volcanic Gold Mines Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.10
• 50DMA: Negative
• 100DMA: Positive
• 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:VG, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.12, and above the 200-day MA of 0.08, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 40.96 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:VG.

Volcanic Gold Mines Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	79 Outperform	C$2.66B	17.19	26.82%	―	77.93%	236.93%
Sector *	47 Neutral	$2.35B	-2.91	-21.55%	3.59%	4.17%	-28.20%
PRB	44 Neutral	C$320.89M	―	-109.44%	―	―	10.27%
GLD	33 Underperform	C$2.19M	―	-188.34%	―	―	83.95%
VG	33 Underperform	C$4.56M	―	-105.76%	―	―	-23.94%
BTR	31 Underperform	C$35.05M	―	-91.29%	―	―	7.15%

Volcanic Gold Mines Inc Corporate Events

Volcanic Gold Mines Resumes Exploration in Central America

Volcanic Gold Mines Inc. is set to resume exploration activities at its Holly Property in Central America, bolstered by Aura Minerals’ acquisition of Bluestone Resources and potential changes in mining regulations in El Salvador. The Holly Property holds a significant epithermal gold-silver resource, and local support for the project is growing following recent political developments. These factors position Volcanic Gold Mines for potential growth in the region’s mining sector.