Xali Gold Corp. (XGC) AI Stock Analysis

• Market Cap: C$4.28M
• Dividend Yield: N/A
• Average Volume (3M): 104.87K
• Price to Earnings (P/E): ―
• Beta (1Y): >-0.01
• Revenue Growth: N/A
• EPS Growth: 70.80%
• Country: CA
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 142,566,830
• 10 Day Avg. Volume: 66,460
• 30 Day Avg. Volume: 104,874
• PEG Ratio: -0.70
• Price to Book (P/B): -1.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -19.40
• 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: 36 Underperform
• Price Target: ―

Xali Gold Corp.'s stock score is low due to significant financial instability, including zero revenue and high leverage. Technical indicators show neutral momentum, while valuation metrics are unfavorable. Recent corporate events indicate potential for exploration and strategic growth, but the current financial position heavily weighs down the overall score.

Xali Gold Corp. Business Overview & Revenue Model

Company Description

Xali Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada, Mexico, and Peru. Its flagship property is the 100% owned El Oro gold-silver property located in Mexico. The company was formerly known as Candente Gold Corp. and changed its name to Xali Gold Corp. in January 2021. Xali Gold Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Xali Gold Corp. generates revenue primarily through the exploration and development of its mineral properties. The company identifies and acquires promising gold and silver exploration targets, conducts extensive geological evaluations, and advances these projects towards feasibility. Revenue is primarily earned through the development and eventual sale of mineral resources or through partnerships and joint ventures with larger mining companies who may acquire interests in Xali Gold's projects. Additionally, the company may also generate income through strategic alliances, option agreements, and royalty arrangements, which provide financial backing and operational support while sharing the potential financial returns from successful mineral discoveries.

Xali Gold Corp. Financial Statement Overview

Summary

Xali Gold Corp. is experiencing severe financial challenges including zero revenue, ongoing financial losses, and a heavily leveraged balance sheet, which contribute to a precarious financial position.

Income Statement

Xali Gold Corp. has consistently reported zero revenue over several years, indicating significant challenges in generating sales. The net income remains negative, pointing to ongoing losses with no signs of profitability. This lack of revenue and sustained losses severely impact the overall financial health of the company.

Balance Sheet

The company's balance sheet shows negative stockholders' equity, which indicates liabilities exceed assets significantly, a critical financial instability. The debt-to-equity ratio cannot be calculated due to negative equity, but the sheer magnitude of liabilities compared to assets suggests a highly leveraged position, raising concerns about financial solvency.

Cash Flow

Cash flows are negative, with the company unable to generate positive free cash flow. Operating cash flow is consistently negative, which challenges the company's ability to sustain operations without external financing. While financing activities occasionally provide temporary relief, the overall cash flow situation reflects operational inefficiencies and financial distress.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	-274.00	-326.00	-1.56K
	EBIT
-532.72K	-922.55K	-1.22M	-970.02K	-619.20K	-368.60K
	EBITDA
-448.62K	-808.90K	-1.22M	-969.75K	-618.88K	-437.59K
	Net Income Common Stockholders
-343.83K	-942.79K	-1.53M	-1.30M	-1.09M	-293.70K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.94M	16.30K	37.03K	33.52K	32.67K	6.77K
	Total Assets
14.28M	660.90K	746.56K	631.69K	289.90K	305.43K
	Total Debt
1.28M	45.25K	46.02K	8.18K	0.00	0.00
	Net Debt
-5.67M	28.95K	9.00K	-25.34K	-32.67K	-6.77K
	Total Liabilities
1.48M	5.37M	4.52M	3.07M	2.44M	1.68M
	Stockholders Equity
12.80M	-4.71M	-3.77M	-2.44M	-2.15M	-1.38M
Cash Flow		Free Cash Flow
-237.04K	-195.46K	-34.86K	-336.23K	-85.66K	-56.48K
	Operating Cash Flow
-237.04K	-195.46K	-21.59K	-265.97K	-78.89K	-53.88K
	Investing Cash Flow
100.00K	175.00K	-13.27K	-127.75K	-44.45K	-3.80K
	Financing Cash Flow
55.63K	-239.00	38.36K	394.57K	149.25K	0.00

Xali Gold Corp. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:XGC, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 39.21 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:XGC.

Xali Gold Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	50 Neutral	$1.99B	-1.06	-21.34%	3.71%	2.03%	-30.65%
NAR	48 Neutral	C$5.14M	13.85	-1.02%	―	―	―
XGC	36 Underperform	C$4.28M	―	10.45%	―	―	70.80%
LECR	35 Underperform	C$5.91M	7.78	-20.91%	―	―	89.87%
HML	33 Underperform	C$5.60M	―	-749.77%	―	―	53.53%
VIPR	33 Underperform	C$6.23M	―	-42.73%	―	―	33.46%

Xali Gold Corp. Corporate Events

Xali Gold Appoints Experienced Exploration Manager to Drive Strategic Initiatives

Xali Gold Corp. has appointed Ing. Enrique Bernuy as the new Exploration Manager, bringing over 30 years of experience in mineral exploration and mining operations across South America and Mexico. His expertise is expected to enhance the company’s strategic initiatives and exploration activities in North and South America. Bernuy’s previous roles include leading successful exploration programs for Southern Peru Copper, and his extensive experience in evaluating potential acquisitions and guiding exploration efforts will be valuable as Xali Gold advances its portfolio of precious metals projects. The appointment is anticipated to bolster Xali Gold’s exploration efforts, particularly at the Sarape Project, which is located in a significant gold-silver mining district in Northern Mexico.

Spark’s Take on TSE:XGC Stock

According to Spark, TipRanks’ AI Analyst, TSE:XGC is a Underperform.

Xali Gold Corp.’s stock score is low due to significant financial challenges, including zero revenue and high leverage. While recent corporate events show potential for exploration and strategic growth, the company’s current financial instability heavily weighs down the score. Technical indicators suggest stability, but valuation metrics are unfavorable due to ongoing losses and lack of dividends.

To see Spark’s full report on TSE:XGC stock, click here.

Xali Gold Corp. Expands Mexican Portfolio with Sarape Project Acquisition

Xali Gold Corp. has entered into a binding Letter of Intent to acquire the Sarape Project in the Rio Sonora Valley, Mexico, from Advanced Lithium Corp. This strategic acquisition enhances Xali Gold’s portfolio with a project located in a promising gold-silver mining district, close to other significant mines like SilverCrest Metal’s Las Chispas Mine. The Sarape Project, with its extensive gold and silver-bearing vein systems, presents considerable exploration potential, particularly at depth where high-grade mineralization is expected. Xali Gold plans to accelerate exploration at Sarape, aiming to unlock its full value and provide significant opportunities for shareholders.

Xali Gold Announces Positive Drilling Results at El Oro

Xali Gold Corp. has announced successful results from its 2024 drilling and metallurgical testing program conducted by Kappes, Cassiday and Associates at the El Oro Tailings Project in Mexico. The program has enhanced resource confidence and indicated a potential 10 to 15% increase in resource size, along with higher gold and silver grades. With optimized recovery processes, KCA estimates recovery rates of up to 82% for gold and 86% for silver, suggesting excellent potential for a profitable operation.