Gold79 Mines (WPG) AI Stock Analysis

• Market Cap: C$29.40M
• Dividend Yield: N/A
• Average Volume (3M): 211.00K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.41
• Revenue Growth: N/A
• EPS Growth: 16.08%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Mining
• EPS (TTM): -0.03
• Shares Outstanding: 69,998,680
• 10 Day Avg. Volume: 265,115
• 30 Day Avg. Volume: 211,001
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• P/FCF Ratio: N/A
• 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

• Rating: 43 Neutral
• Price Target: ―

Gold79 Mines faces severe financial challenges with negative revenue and cash flow, which heavily impacts its stock score. While the technical indicators show some short-term positive momentum, the company's poor valuation metrics and financial health weigh down its overall attractiveness. However, promising drill results offer a glimmer of hope for future growth, slightly mitigating the negative aspects.

Gold79 Mines Business Overview & Revenue Model

Company Description

Gold79 Mines (WPG) is a mineral exploration company focused on the acquisition, exploration, and development of precious metal projects. The company primarily operates in the United States and Canada, focusing on gold and silver deposits. Its core assets include strategic land packages in Nevada, Arizona, and Ontario, regions known for their rich mineral resources. Gold79 Mines aims to identify and develop high-potential mining prospects to create value for its shareholders.

How the Company Makes Money

Gold79 Mines makes money through the exploration and development of its mineral properties, which involves discovering and delineating economically viable gold and silver deposits. The company generates revenue by either selling these developed projects to larger mining companies or entering into joint ventures and partnerships where it retains a stake in future mining operations. Additionally, Gold79 Mines may raise capital through equity financing to fund its exploration activities, which can involve issuing new shares to investors. The company's earnings are influenced by factors such as mineral prices, exploration success, and strategic partnerships with other entities in the mining sector.

Gold79 Mines Financial Statement Overview

Summary

Gold79 Mines is facing significant financial challenges due to lack of revenue and ongoing operational losses. The balance sheet is strong with no debt and solid equity, but negative cash flow and income statements indicate the need for strategic changes.

Income Statement

The company has not generated any revenue over the reported periods, which is a significant concern. The net income remains negative, indicating ongoing losses. EBIT and EBITDA margins are also negative, reflecting operational inefficiencies. There is no revenue growth due to the absence of revenue.

Balance Sheet

The company has no debt, which is a positive aspect, leading to a favorable debt-to-equity ratio. Stockholders' equity is positive and represents a large portion of total assets, indicating financial stability. However, the lack of revenue generation and consistent losses pose potential risks for future equity.

Cash Flow

Operating cash flows are consistently negative, indicating challenges in generating cash from operations. Free cash flow is also negative, reflecting high capital expenditures relative to cash generation. However, financing cash flow remains positive due to ongoing financing activities, which may not be sustainable long-term.

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
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-232.34K	-388.30K	-808.70K	-923.46K	-813.57K	-283.83K
	EBITDA
-381.54K	0.00	-808.70K	-923.46K	-813.57K	0.00
	Net Income Common Stockholders
-381.54K	-420.38K	-504.35K	-923.46K	-833.55K	-229.91K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
124.87K	90.19K	431.96K	1.01M	173.75K	47.17K
	Total Assets
5.46M	5.07M	5.00M	4.91M	2.58M	234.87K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-124.87K	-90.19K	-431.96K	-1.01M	-173.75K	-47.17K
	Total Liabilities
276.87K	195.83K	85.46K	246.98K	136.00K	389.42K
	Stockholders Equity
5.18M	4.88M	4.92M	4.67M	2.45M	-154.55K
Cash Flow		Free Cash Flow
-464.32K	-270.23K	-1.54M	-1.20M	-887.27K	-186.93K
	Operating Cash Flow
-321.59K	-270.23K	-621.76K	-888.78K	-708.00K	-125.43K
	Investing Cash Flow
-171.70K	-398.94K	-641.76K	-952.19K	-510.54K	-34.95K
	Financing Cash Flow
627.47K	329.90K	683.51K	2.66M	1.32M	189.89K

Gold79 Mines Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.42
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WPG, the sentiment is Negative. The current price of 0.42 is below the 20-day moving average (MA) of 0.46, below the 50-day MA of 0.48, and above the 200-day MA of 0.38, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 39.75 is Neutral, neither overbought nor oversold. The STOCH value of 46.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WPG.

Gold79 Mines Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	77 Outperform	C$3.88B	15.38	39.28%	―	105.06%	481.75%
SIL	76 Outperform	$2.18B	18.49	18.48%	―	25.05%	0.44%
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	3.98%	2.91%	-30.50%
PRB	47 Neutral	C$503.88M	―	-177.01%	―	―	10.27%
WPG	43 Neutral	C$29.40M	―	-28.34%	―	―	16.08%
WM	39 Underperform	C$71.49M	―	-3.20%	―	―	9.09%
GLD	34 Underperform	C$3.13M	―	-125.90%	―	―	83.95%

Gold79 Mines Corporate Events

West Point Gold Uncovers High-Grade Gold at Tyro Main Zone

West Point Gold Corp. announced promising drill results from its Tyro Main Zone at the Gold Chain Project in Arizona. Key findings include high-grade gold intersections that suggest potential expansion of the mineralized zone. With these results, the company plans to focus further drilling efforts on promising areas to enhance the project’s value and expand resources, positioning itself for future growth.

West Point Gold Unveils Promising Drill Results at Tyro Main Zone

West Point Gold Corp., a mining company, announced significant results from their recent drilling campaign at the Tyro Main Zone, part of the Gold Chain Project in Arizona. The results, which include notable gold intersections, support the company’s exploration targets and suggest the mineralized zone may be wider than initially anticipated. Assays from additional holes are pending, and the company is preparing for the next phase of drilling to build on these positive outcomes.