Xtra-Gold Resource (XTG) AI Stock Analysis

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Xtra-Gold Resource

(TSX:XTG)

Rating:61Neutral

Price Target:―

Xtra-Gold Resource's overall score reflects strong financial stability but significant operational challenges. The technical analysis is positive with upward momentum, but this is offset by an unattractive valuation with a high P/E ratio and no dividend yield. The absence of earnings call data or notable corporate events means these factors do not influence the score.

Xtra-Gold Resource (XTG) vs. iShares MSCI Canada ETF (EWC)

Market Cap

C$95.10M

Dividend YieldN/A

Average Volume (3M)7.21K

Price to Earnings (P/E)28.5

Beta (1Y)0.14

Revenue GrowthN/A

EPS Growth-55.15%

CountryCA

EmployeesN/A

SectorBasic Materials

Sector Strength67

IndustryGold

Share Statistics

EPS (TTM)0.04

Shares Outstanding45,944,218

10 Day Avg. Volume7,567

30 Day Avg. Volume7,206

Financial Highlights & Ratios

PEG Ratio0.70

Price to Book (P/B)5.21

Price to Sales (P/S)0.00

P/FCF Ratio23.72

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

Xtra-Gold Resource Business Overview & Revenue Model

Company DescriptionXtra-Gold Resources Corp. engages in the exploration and development of gold properties in Ghana, West Africa. Its mining portfolio consists of 225.87 square kilometers, including 33.65 square kilometers of the Kibi project; 51.67 square kilometers of the Banso project; 55.28 square kilometers of the Muoso project; 44.76 square kilometers of the Kwabeng project; and 40.51 square kilometers of the Pameng project. The company was formerly known as RetinaPharma International, Inc. and changed its name to Xtra-Gold Resources Corp. in December 2003. Xtra-Gold Resources Corp. was incorporated in 1998 and is based in Nassau, Bahamas.

How the Company Makes MoneyXtra-Gold Resources Corp generates revenue primarily through the exploration and potential development of gold deposits. The company's revenue model is based on identifying valuable mineral resources and increasing their value through exploration activities. Key revenue streams include proceeds from the sale of gold extracted from its properties or from selling or leasing exploration rights to other mining companies. Additionally, Xtra-Gold may enter into joint ventures or partnerships with other mining firms, which can provide additional funding and share in the profits from future mining operations. As a mineral exploration company, its earnings are largely dependent on successful exploration results, the price of gold, and the ability to secure financing or partnerships to advance its projects to production.

Xtra-Gold Resource Financial Statement Overview

Summary

Xtra-Gold Resource's financial health is mixed. The balance sheet is robust with no debt and strong equity, but the income statement reveals operational inefficiencies with no revenue. Cash flow management appears strong, supporting ongoing operations without revenue.

Income Statement

Negative

Xtra-Gold Resource shows no revenue generation, which is typical in exploratory mining phases. Despite a positive net income in recent periods, the lack of revenue and negative EBIT and EBITDA margins indicate ongoing operational challenges.

Balance Sheet

Positive

The company maintains a strong equity position with no debt, resulting in a favorable debt-to-equity ratio of zero. Stockholders' equity consistently exceeds total liabilities, indicating financial stability.

Cash Flow

Positive

The positive trend in free cash flow and operating cash flow growth reflects effective cash management, despite the absence of revenue. High free cash flow to net income ratios signal strong cash generation relative to earnings.

TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Breakdown
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-153.51K	0.00	-188.36K	-173.67K	-154.94K	-142.32K
	EBIT
220.18K	-1.26M	-4.83M	-6.31M	-5.21M	-912.58K
	EBITDA
-1.39M	2.27M	-939.03K	-2.06M	-2.69M	-770.26K
	Net Income Common Stockholders
700.53K	-165.93K	631.77K	835.98K	1.86M	2.25M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.87M	9.37M	9.28M	8.05M	6.80M	4.87M
	Total Assets
6.88M	11.86M	11.88M	10.76M	9.34M	6.88M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-3.98M	-7.15M	-5.78M	-4.68M	-4.45M	-3.98M
	Total Liabilities
443.54K	1.52M	1.41M	1.12M	426.82K	443.54K
	Stockholders Equity
6.89M	10.22M	10.53M	9.83M	9.23M	6.89M
Cash Flow		Free Cash Flow
3.78M	1.78M	1.27M	462.67K	185.82K	1.55M
	Operating Cash Flow
2.87M	1.81M	1.53M	666.09K	505.42K	1.60M
	Investing Cash Flow
-556.58K	-269.38K	-259.60K	-203.42K	-319.59K	-47.17K
	Financing Cash Flow
-195.53K	-171.32K	-163.14K	-238.60K	284.19K	-133.57K

Xtra-Gold Resource Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price2.04

Price Trends

50DMA

2.04

Negative

100DMA

2.02

Positive

200DMA

1.82

Positive

Market Momentum

MACD

0.01

Negative

RSI

50.43

Neutral

STOCH

35.90

Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:XTG, the sentiment is Neutral. The current price of 2.04 is above the 20-day moving average (MA) of 2.03, below the 50-day MA of 2.04, and above the 200-day MA of 1.82, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 50.43 is Neutral, neither overbought nor oversold. The STOCH value of 35.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:XTG.

Xtra-Gold Resource Risk Analysis

Xtra-Gold Resource disclosed 35 risk factors in its most recent earnings report. Xtra-Gold Resource reported the most risks in the “Finance & Corporate” category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added 3 New Risks

The Government of Ghana has the right to increase its current ownership interest of 10% in our company's subsidiary, Xtra-Gold Mining Limited ("XG Mining"), through which our company holds, among other things, its interest in our Kibi project and our other projects, for a consideration agreed upon by the parties or by arbitration and has a right of pre-emption to purchase all minerals produced by XG Mining. If the Government of Ghana were to exercise any of its rights, our company's results of operations in future periods could be adversely impacted. Q4, 2024

It may be difficult for our shareholders to enforce any judgment obtained in the United States against us or our officers or directors, which may limit the remedies otherwise available to our shareholders. Q4, 2024

As a reporting issuer under Section 15(d) of the Exchange Act, we file more limited reports with the SEC than do companies who are registered under Section 12(g) of the Exchange Act. As we have elected "foreign private issuer" status following our Continuation into the BVI, our reporting obligations under U.S. securities laws is more limited than if we had remained a domestic issuer. This lack of transparency may make it more difficult for investors in our securities to make informed investment decisions. Q4, 2024

Xtra-Gold Resource Peers Comparison

Overall Rating

UnderperformOutperform

Sector (51)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SOMA	65 Neutral	C$121.81M	15.35	40.43%	―	15.89%	426.28%
XTG	61 Neutral	C$95.10M	28.53	21.41%	―	―	-55.15%
Sector *	51 Neutral	$2.03B	-1.13	-21.36%	3.65%	2.87%	-30.54%
LME	45 Neutral	C$82.05M	―	-36.90%	―	―	8.40%
BYN	44 Neutral	C$86.48M	―	-6.89%	―	―	-1036.36%
LIO	41 Neutral	C$93.79M	―	-8.48%	―	3111.09%	-120.48%
ELO	36 Underperform	C$111.84M	―	-17.56%	―	―	13.39%

* Basic Materials Sector Average

Performance Comparison

TSE:XTG

Xtra-Gold Resource

2.04

0.66

47.83%

TSE:BYN

Banyan Gold

0.23

-0.09

-28.13%

TSE:ELO

Eloro Resources

1.16

-0.30

-20.55%

TSE:LIO

Lion One Metals

0.32

-0.20

-38.46%

TSE:LME

Laurion Mineral Exploration

0.30

-0.10

-25.00%

TSE:SOMA

Soma Gold

1.26

0.71

129.09%

Glossary

OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.

NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.

UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.