Big Gold, Inc. (BG) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 35.43K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.62
• Revenue Growth: N/A
• EPS Growth: 32.94%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.02
• Shares Outstanding: 45,798,584
• 10 Day Avg. Volume: 29,500
• 30 Day Avg. Volume: 35,427
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -5.90
• P/FCF Ratio: 0.00
• 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

Big Gold, Inc. is in a precarious financial position with zero revenue, persistent losses, and negative equity, severely impacting its overall score. Technical indicators suggest a neutral trend, while poor valuation metrics due to lack of profitability further weigh down the score.

Big Gold, Inc. Business Overview & Revenue Model

Company Description

Big Gold, Inc. (BG) is a premier mining company specializing in the extraction and production of gold. Operating within the mining sector, BG focuses on the exploration, development, and operation of gold mines across various strategic locations. The company is committed to sustainable and responsible mining practices, ensuring minimal environmental impact while maximizing yield.

How the Company Makes Money

Big Gold, Inc. generates revenue primarily through the sale of gold extracted from its mining operations. The company sells gold directly to refineries, jewelry manufacturers, and financial institutions, leveraging market demand for precious metals. BG also benefits from strategic partnerships with local governments and other mining companies to streamline operations and expand its mining capabilities. Additionally, the company may engage in hedging activities to manage price fluctuations in the gold market, contributing to its financial stability.

Big Gold, Inc. Financial Statement Overview

Summary

The company faces severe financial challenges, marked by zero revenue, persistent losses, negative equity, and negative cash flows. These factors indicate a precarious financial position that needs strategic changes for improvement.

Income Statement

Big Gold, Inc. has consistently reported zero revenue, resulting in negative EBIT and net income over the years. The lack of revenue and persistent losses indicate significant challenges in generating income, which is critical for sustainability and growth.

Balance Sheet

The company's balance sheet highlights negative stockholders' equity in the most recent TTM period, signaling financial instability. The absence of debt is a positive aspect, but the negative equity and shrinking asset base are concerning for potential solvency.

Cash Flow

Big Gold, Inc. shows negative operating and free cash flow, reflecting ongoing cash outflows. While the company had some positive financing cash flow in earlier years, the inability to generate positive cash flow from operations is a significant risk.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00
	EBIT
-659.31K	-616.09K	-895.74K	277.33K	-93.00K
	EBITDA
-762.78K	-664.59K	-895.74K	-882.67K	-93.00K
	Net Income Common Stockholders
-689.39K	-592.76K	-1.02M	-1.46M	-93.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
110.32K	293.79K	222.15K	794.11K	179.00
	Total Assets
183.58K	367.86K	283.83K	913.37K	179.00
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-110.32K	-293.79K	-222.15K	-794.11K	-179.00
	Total Liabilities
69.55K	100.89K	84.22K	170.11K	67.96K
	Stockholders Equity
114.04K	266.97K	199.61K	743.26K	-67.78K
Cash Flow		Free Cash Flow
-572.96K	-605.74K	-623.83K	-413.49K	-2.16K
	Operating Cash Flow
-572.96K	-605.74K	-623.83K	-413.49K	-2.16K
	Investing Cash Flow
0.00	0.00	0.00	0.00	0.00
	Financing Cash Flow
226.28K	677.37K	51.87K	1.21M	1.89K

Big Gold, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BG, the sentiment is Negative. The current price of 0.02 is equal to the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 37.61 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:BG.

Big Gold, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
K	80 Outperform	$21.99B	16.47	14.66%	0.99%	23.38%	131.87%
AEM	80 Outperform	$77.62B	28.79	9.42%	1.52%	26.99%	-6.63%
FNV	74 Outperform	$43.31B	55.68	9.38%	0.94%	-7.22%	―
ABX	73 Outperform	$47.55B	16.48	9.00%	2.10%	15.40%	72.49%
Sector *	47 Neutral	$2.71B	-3.60	-20.77%	3.28%	3.41%	-27.70%
G	33 Underperform	C$98.82M	―	-23.87%	―	―	-199.24%
BG	30 Underperform		―	-277.86%	―	―	32.94%

Big Gold, Inc. Corporate Events

Big Gold Inc. Completes $25,025 Private Placement

Big Gold Inc. has completed a non-brokered private placement, raising $25,025 through the issuance of 715,000 units. The proceeds will fund exploration at the Tabor Project in Ontario and provide working capital. The placement is subject to regulatory approvals and includes a cash finder’s fee and finder’s warrants.

Big Gold Inc. Announces Promising Mineral Discoveries

Big Gold Inc. has discovered mineralized intersections, quartz veining, and shearing at their Tabor Property in the Shebandowan Greenstone Belt, Northwestern Ontario. The initial drill program has successfully confirmed the presence of valuable minerals, including gold, silver, copper, and zinc, in multiple holes. This discovery aligns with previous findings and represents a promising development for the company.

Big Gold Launches Drill Program in Ontario

Big Gold Inc. has announced its maiden drill program at the Tabor Property in Ontario, focusing on the promising East Divide Target Zone. The company has secured up to CAD$200,000 in non-dilutive funding through the Ontario Junior Exploration Program to support these efforts. This initiative underscores the significant potential for gold exploration in the Shebandowan Gold Belt, enhancing local economic development.