Xtra-Gold Resource (XTG) AI Stock Analysis

• Market Cap: C$158.61M
• Dividend Yield: N/A
• Average Volume (3M): 16.95K
• Price to Earnings (P/E): 36.8
• Beta (1Y): -0.32
• Revenue Growth: N/A
• EPS Growth: 379.90%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.06
• Shares Outstanding: 46,376,118
• 10 Day Avg. Volume: 19,008
• 30 Day Avg. Volume: 16,947
• PEG Ratio: -0.04
• Price to Book (P/B): 6.35
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 33.64
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: C$3.00 ▼(-1.64% Downside)

The score is primarily supported by strong balance-sheet conservatism and improving, cash-backed profitability, plus positive recent corporate developments. Offsetting this are ongoing operating-quality concerns (negative EBIT and zero reported revenue) and a relatively high P/E valuation, while technical signals are broadly neutral with modest longer-term trend support.

Positive Factors

Debt-free Balance Sheet

A debt-free balance sheet materially lowers financial risk and provides durable funding flexibility for exploration cycles. It enables the company to pursue drilling, option/jv deals or absorb setbacks without forced asset sales, improving its ability to execute multi‑month project plans.

Improving Cash Generation

Rising operating and free cash flow indicate profits are being converted to cash, supporting near‑term project activity and lowering dilution risk from continual financing. Sustained cash generation strengthens stakeholder confidence and funds exploration or JV carry over the next several months.

Strengthened Funding & Exploration Progress

Constructive corporate developments — exploration upside plus an oversubscribed placement — improve project de‑risking and capital access. Durable impact: better ability to advance drilling, attract partners, and structure option/JV deals that can monetize assets over a 2–6 month horizon.

Negative Factors

Zero Reported Revenue

Without recurring revenue, the company is fully reliant on transaction or commodity‑driven receipts, which are irregular. This structural absence of operating revenue reduces predictability of cash flows and increases dependence on financing or asset sales to sustain long‑term exploration.

Persistent Negative Operating Profit

Consistently negative EBIT shows core activities are not generating operating profits, meaning exploration costs outpace operating income. Over months this pressures cash reserves and raises execution risk unless offset by partner funding or continued capital raises, challenging durability.

Business Model Reliant on Asset Monetization

Dependence on selling interests, jvs, option payments or royalties creates inherent timing and execution risk. Success requires finding partners or buyers and favorable commodity pricing; this structural model amplifies cash flow volatility and uncertainty over the next several months.

Xtra-Gold Resource Business Overview & Revenue Model

Company Description

Xtra-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 Money

Xtra-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

Strong financial resilience with a debt-free balance sheet and improving bottom-line results, supported by rising operating cash flow and free cash flow. However, persistently negative EBIT and consistently zero reported revenue reduce confidence in the durability and quality of earnings.

Income Statement

Earnings have improved meaningfully: net income moved from a loss in 2023 to profit in 2024 and rose further in TTM (Trailing-Twelve-Months). That said, operating profitability remains weak, with negative EBIT in every period shown (including TTM), and reported revenue is consistently zero—making the quality and repeatability of earnings harder to underwrite for a gold explorer/producer. Overall, profitability is trending better, but core operating performance still looks structurally challenged.

Balance Sheet

The balance sheet is conservatively positioned with zero debt across all periods, which materially lowers financial risk. Equity has grown sharply (roughly doubling from 2024 to TTM), supporting a stronger capital base, and returns on equity have improved from negative in 2023 to solidly positive in 2024 and TTM. The main drawback is that asset growth is being supported by a business model that still shows weak operating results, so balance-sheet strength may be doing more of the heavy lifting than sustainable operations.

Cash Flow

Cash generation is a clear strength: operating cash flow and free cash flow are positive and rising, with TTM (Trailing-Twelve-Months) free cash flow up sharply versus the prior year. Cash conversion is healthy, with free cash flow running close to reported net income in 2024 and TTM, suggesting profits are backed by cash. The key risk is historical volatility (earlier years show weaker coverage and uneven free-cash-flow growth), so durability through the commodity cycle remains the main question.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-85.61K	0.00	0.00	-188.36K	-173.67K	-154.94K
EBITDA	1.03M	2.64M	2.27M	-939.03K	-2.06M	-2.69M
Net Income	3.26M	1.68M	-165.93K	631.77K	835.98K	1.86M
Balance Sheet
Total Assets	19.29M	14.22M	11.86M	11.88M	10.76M	9.34M
Cash, Cash Equivalents and Short-Term Investments	17.16M	11.40M	9.37M	9.28M	8.05M	6.80M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	2.78M	1.99M	1.52M	1.41M	1.12M	426.82K
Stockholders Equity	15.74M	11.86M	10.22M	10.53M	9.83M	9.23M
Cash Flow
Free Cash Flow	3.97M	2.24M	1.78M	1.27M	462.67K	185.82K
Operating Cash Flow	4.19M	2.28M	1.81M	1.53M	666.09K	505.42K
Investing Cash Flow	-167.04K	-1.08M	-269.38K	-259.60K	-203.42K	-319.59K
Financing Cash Flow	-312.54K	-172.82K	-171.32K	-163.14K	-238.60K	284.19K

Xtra-Gold Resource Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: 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 3.05 is below the 20-day moving average (MA) of 3.35, below the 50-day MA of 3.40, and above the 200-day MA of 2.68, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 50.63 is Neutral, neither overbought nor oversold. The STOCH value of 24.56 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 Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MJS	71 Outperform	C$192.89M	17.12	7.20%	8.87%	28.21%	-9.76%
XTG	64 Neutral	C$158.61M	36.81	23.36%	―	―	379.90%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KTO	59 Neutral	C$143.10M	-64.10	-7.04%	―	―	-62.50%
WVM	51 Neutral	C$118.60M	-45.24	-6.60%	―	―	-35.33%
NCAU	49 Neutral	C$194.98M	-44.85	-5.92%	―	―	-7.14%
ESM	47 Neutral	C$128.99M	-23.83	―	―	―	-77.78%

Xtra-Gold Resource Corporate Events

Xtra-Gold Unveils Promising Survey Results at Cobra Creek Prospect

Xtra-Gold Resources Corp. has announced the initial results from a high-resolution drone-borne magnetic survey at its Cobra Creek Gold Corridor prospect in Ghana. The survey has successfully delineated the geometry of the gold-hosting quartz feldspar porphyry body and identified new high magnetic susceptibility targets, indicating potential for significant resource expansion. The findings are expected to enhance the company’s exploration strategy and prioritize drilling targets, potentially impacting its market positioning positively.

Xtra-Gold Resources Mourns the Loss of Director James Schweitzer

Xtra-Gold Resources Corp. announced the passing of its director, James Schweitzer, who had been a part of the board since 2011 and was an early investor in the company. His contributions as a trusted advisor and mentor were highlighted by CEO James Longshore, indicating his significant impact on the company’s operations and culture.