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Angkor Gold (TSE:ANK)
:ANK
Canadian Market

Angkor Gold (ANK) AI Stock Analysis

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Angkor Gold

(ANK)

48Neutral
Angkor Gold is currently facing significant financial challenges, primarily due to a lack of revenue growth, persistent losses, and high leverage. Despite these issues, there are positive signals from technical analysis, indicating upward momentum, although caution is advised due to potential overbought conditions. The valuation is currently unattractive due to negative profitability. However, recent corporate events involving strategic alliances and exploration initiatives offer potential for future growth and diversification, slightly boosting the overall score.

Angkor Gold (ANK) vs. S&P 500 (SPY)

Angkor Gold Business Overview & Revenue Model

Company DescriptionAngkor Gold Corp (ANK) is a Canadian-based mineral exploration company focused on the exploration and development of mineral properties in Cambodia. The company primarily engages in the exploration of gold and other precious metals, leveraging its strategic land holdings in a region with significant mineral potential. Angkor Gold aims to advance its projects through partnerships with experienced mining companies and local stakeholders to maximize the potential of its exploration assets.
How the Company Makes MoneyAngkor Gold makes money through the exploration and potential development of its mineral properties. The company generates revenue primarily by forming joint ventures and partnerships with other mining companies that have the expertise and capital to advance exploration projects to the development stage. These partnerships may involve upfront payments, milestone payments, and royalties based on the successful advancement and production of minerals from the exploration sites. Additionally, Angkor Gold may raise funds through equity financing, using proceeds to fund its exploration activities and operations.

Angkor Gold Financial Statement Overview

Summary
Angkor Gold faces significant financial challenges, marked by an absence of revenue growth, persistent losses, high leverage, and negative cash flows. These factors contribute to a precarious financial position, necessitating urgent strategic interventions to achieve financial stability.
Income Statement
15
Very Negative
Angkor Gold's income statement reveals persistent struggles with profitability, as evidenced by negative EBIT and net income across all periods. The gross profit is positive in the latest TTM (Trailing-Twelve-Months) report, but total revenue remains at zero, indicating an inability to generate sales. This lack of revenue growth and negative profit margins highlight significant operational challenges.
Balance Sheet
40
Negative
The balance sheet shows a high debt-to-equity ratio, indicating substantial leverage, which could pose financial risk. Stockholders' equity has decreased significantly over recent periods, reflecting potential financial instability. The equity ratio has also declined, suggesting a reduced buffer to absorb losses.
Cash Flow
25
Negative
The cash flow statement indicates negative operating cash flow, reflecting ongoing struggles to generate cash from operations. While financing cash flows are positive due to increased debt, free cash flow remains negative, indicating insufficient cash generation to cover capital expenditures and operational outflows.
Breakdown
TTMSep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
682.00-25.95K-31.71K-21.72K-26.38K-28.98K
EBIT
-667.55K-876.67K-1.31M-1.47M-1.17M-1.57M
EBITDA
-336.17K-876.67K-2.58M-5.50M-1.01M-1.42M
Net Income Common Stockholders
-800.92K-987.98K-2.71M-5.68M-1.23M-1.73M
Balance SheetCash, Cash Equivalents and Short-Term Investments
186.02K56.72K606.46K398.22K1.59M365.33K
Total Assets
7.52M3.32M3.79M3.59M8.43M6.61M
Total Debt
5.41M1.83M1.56M1.24M1.02M989.59K
Net Debt
5.23M1.78M955.86K846.61K-563.75K624.27K
Total Liabilities
6.63M2.77M2.53M2.16M1.71M2.54M
Stockholders Equity
932.97K562.24K1.28M1.44M6.72M4.07M
Cash FlowFree Cash Flow
-1.18M-832.68K-1.27M-1.05M-1.78M-1.24M
Operating Cash Flow
-912.79K-779.80K-1.08M-1.01M-1.33M-1.13M
Investing Cash Flow
-3.68M-76.81K-979.81K-454.47K-450.82K554.46K
Financing Cash Flow
4.87M311.48K2.30M309.12K2.99M273.50K

Angkor Gold Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.22
Price Trends
50DMA
0.15
Positive
100DMA
0.12
Positive
200DMA
0.12
Positive
Market Momentum
MACD
0.02
Positive
RSI
59.33
Neutral
STOCH
22.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ANK, the sentiment is Positive. The current price of 0.22 is above the 20-day moving average (MA) of 0.21, above the 50-day MA of 0.15, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 59.33 is Neutral, neither overbought nor oversold. The STOCH value of 22.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ANK.

Angkor Gold Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSKNT
79
Outperform
C$2.98B18.8126.82%77.93%236.93%
TSWDO
78
Outperform
C$2.57B18.4427.15%67.54%
TSORE
78
Outperform
C$505.29M5.1627.12%6.15%10.69%
61
Neutral
$4.72B17.64-3.07%10.89%5.99%-21.86%
TSBTO
54
Neutral
$5.40B-18.54%5.63%-4.17%-318.18%
TSANK
48
Neutral
C$41.50M-127.35%8.51%
TSSKE
41
Neutral
C$1.63B-141.24%-66.33%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:ANK
Angkor Gold
0.23
0.11
91.67%
TSE:BTO
B2Gold
4.20
0.59
16.38%
TSE:ORE
Orezone Gold
0.92
0.11
13.58%
TSE:SKE
Skeena Resources
14.20
7.67
117.46%
TSE:KNT
K92 Mining
12.01
5.06
72.81%
TSE:WDO
Wesdome Gold Mines
16.46
5.82
54.70%
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.