Volcanic Gold Mines Inc (TSE:VG)
:VG
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Volcanic Gold Mines Inc
(VG)
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Rating:42Neutral
Price Target:
C$0.07
▼(-44.17% Downside)
Action:Reiterated
Date:06/16/26
The score is primarily driven by weak financial performance (pre-revenue, ongoing losses and negative free cash flow) and bearish technicals (below key moving averages with negative MACD). Improving loss/cash-burn trends and low leverage provide some support, but valuation signals are limited due to negative earnings and no dividend.
Positive Factors
Improving cash-burn trend
A materially reduced operating cash outflow in 2025 versus 2024 indicates management cut costs or optimized programs, extending runway. This durable trend improves near-term funding flexibility and reduces immediate dilution risk, making the company better positioned to advance exploration over the next several months.
Negative Factors
Pre-revenue operations
Being pre-revenue means the company lacks operating cash generation and is dependent on external capital to fund core activities. Over months this structural reality constrains strategic choices, forces prioritization of projects, and raises execution risk until revenue-generating assets or monetizable discoveries emerge.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving cash-burn trend
A materially reduced operating cash outflow in 2025 versus 2024 indicates management cut costs or optimized programs, extending runway. This durable trend improves near-term funding flexibility and reduces immediate dilution risk, making the company better positioned to advance exploration over the next several months.
Read all positive factors
Volcanic Gold Mines Inc (VG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$4.34M
Dividend YieldN/A
Average Volume (3M)96.83K
Price to Earnings (P/E)―
Beta (1Y)-0.07
Revenue GrowthN/A
EPS Growth63.10%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.03
Shares Outstanding59,419,540
10 Day Avg. Volume79,386
30 Day Avg. Volume96,830
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)3.45
Price to Sales (P/S)0.00
P/FCF Ratio-4.48
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Volcanic Gold Mines Inc Business Overview & Revenue Model
Company Description
Volcanic Gold Mines Inc. specializes in the acquisition and exploration of mineral properties, with a specific focus on discovering gold and silver deposits. The company possesses an option to obtain a 60% stake in the Holly and Banderas gold/silv...
How the Company Makes Money
null...
Volcanic Gold Mines Inc Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
56
Neutral
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -61.13K | -50.35K | -48.06K | -44.90K | -29.52K |
| EBITDA | -1.05M | -2.59M | -2.25M | -2.61M | -4.37M |
| Net Income | -1.11M | -2.64M | -2.29M | -2.66M | -4.40M |
Balance Sheet | |||||
| Total Assets | 1.75M | 1.28M | 3.66M | 5.94M | 8.62M |
| Cash, Cash Equivalents and Short-Term Investments | 1.17M | 837.75K | 3.16M | 5.60M | 8.22M |
| Total Debt | 81.32K | 95.52K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 264.50K | 318.80K | 234.33K | 265.45K | 253.09K |
| Stockholders Equity | 1.66M | 1.14M | 3.60M | 5.86M | 8.54M |
Cash Flow | |||||
| Free Cash Flow | -1.28M | -2.33M | -2.43M | -2.65M | -3.84M |
| Operating Cash Flow | -1.28M | -2.32M | -2.23M | -2.61M | -3.65M |
| Investing Cash Flow | 0.00 | -2.15K | -207.31K | -19.16K | -195.60K |
| Financing Cash Flow | 1.61M | 0.00 | 0.00 | 2.25K | 347.06K |
Volcanic Gold Mines Inc Technical Analysis
Negative
0.12
Price Trends
0.09
Negative
0.10
Negative
0.12
Negative
Market Momentum
>-0.01
Positive
36.23
Neutral
16.67
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 0.12 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.09, and above the 200-day MA of 0.12, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.23 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 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
UnderperformOutperform
Sector (61)
TSE:VG
Volcanic Gold Mines Inc
0.07
-0.06
-43.85%
TSE:PGC
Plato Gold
0.03
0.00
0.00%
TSE:VGD
Visible Gold Mines
0.14
0.06
84.93%
TSE:EDW.H
Edgewater Exploration
0.16
0.05
40.91%
TSE:BGF
Beauce Gold Fields
0.05
<0.01
12.50%
TSE:NSG
Northstar Gold
0.05
0.02
66.67%
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.