Augusta Gold (G) AI Stock Analysis

• Market Cap: $85.93M
• Dividend Yield: N/A
• Average Volume (3M): 37.90K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.06
• Revenue Growth: N/A
• EPS Growth: -128.74%
• Country: CA
• Employees: 12
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Mining
• EPS (TTM): -0.12
• Shares Outstanding: 85,929,756
• 10 Day Avg. Volume: 36,534
• 30 Day Avg. Volume: 37,900
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -25.60
• 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

The overall score for Augusta Gold is significantly impacted by severe financial performance issues, including persistent losses, high leverage, and negative cash flows. Technical analysis suggests some support in the longer term, but short-term indicators point to potential downside. The poor valuation, with a negative P/E and lack of dividend yield, further detracts from the stock's attractiveness.

Augusta Gold Business Overview & Revenue Model

Company Description

Augusta Gold Corp. is a mining company focused on the exploration, development, and production of gold and other precious metals. Operating primarily in North America, the company strategically manages mineral-rich properties to maximize resource extraction and supply gold to global markets. With a commitment to sustainable and responsible mining practices, Augusta Gold aims to enhance its value proposition through efficient operations and strategic asset management.

How the Company Makes Money

Augusta Gold makes money primarily through the exploration and mining of gold and other valuable minerals, which are then sold on the open market. The company's revenue streams are largely driven by the production and sale of gold from its mining operations. Additionally, Augusta Gold may engage in strategic partnerships, joint ventures, or agreements with other mining companies to optimize resource extraction and expand its operational capabilities. Factors such as global gold prices, operational efficiency, and successful exploration of new mineral reserves significantly contribute to its earnings.

Augusta Gold Financial Statement Overview

Summary

Augusta Gold is facing substantial financial challenges, characterized by persistent losses, high leverage, and negative cash flows. The absence of revenue points to operational hurdles in the mining industry. Financial stability and sustainability are at risk, necessitating strategic restructuring and capital infusion.

Income Statement

Augusta Gold's income statement shows no revenue generation over the past years, indicating operational challenges. Consistent negative EBIT and net income suggest significant ongoing losses. The company has not demonstrated revenue growth or profitability, which are critical for financial health.

Balance Sheet

The company's balance sheet reveals high leverage with a debt-to-equity ratio of 1.14 in TTM, indicating significant reliance on debt. Although equity remains positive, the trend of increasing liabilities is concerning. The equity ratio stands at 43.4%, showing moderate equity financing.

Cash Flow

The cash flow statement indicates persistent negative free cash flow, pointing to inadequate cash generation to cover expenditures. The operating cash flow to net income ratio is negative, reflecting operational inefficiencies. The free cash flow growth rate is also negative, highlighting deteriorating cash flow performance.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-44.06K	0.00	-44.06K	-44.06K	-632.00	0.00
	EBIT
-5.28M	-7.01M	-10.97M	-12.66M	-2.79M	-1.52M
	EBITDA
-5.13M	-6.85M	-10.93M	-12.61M	-2.79M	-1.52M
	Net Income Common Stockholders
-7.35M	6.66M	-27.75M	3.45M	-12.02M	-1.67M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
620.95K	307.76K	332.81K	19.58M	14.34M	44.59K
	Total Assets
816.82K	61.52M	60.67M	32.15M	26.06M	397.85K
	Total Debt
0.00	25.39M	22.84M	0.00	0.00	0.00
	Net Debt
-620.95K	25.09M	22.51M	-19.58M	-14.34M	-44.59K
	Total Liabilities
1.28M	31.00M	44.18M	9.91M	23.40M	657.08K
	Stockholders Equity
-467.90K	30.52M	16.49M	22.24M	2.66M	-259.24K
Cash Flow		Free Cash Flow
-3.34M	-6.78M	-41.77M	-11.43M	-3.62M	-1.01M
	Operating Cash Flow
-3.11M	-6.54M	-6.75M	-11.04M	-2.15M	-988.75K
	Investing Cash Flow
-238.92K	―	-35.02M	-392.48K	-1.47M	-20.00K
	Financing Cash Flow
2.50M	6.75M	22.52M	16.67M	17.92M	432.40K

Augusta Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:G, the sentiment is Negative. The current price of 1 is below the 20-day moving average (MA) of 1.15, below the 50-day MA of 1.17, and below the 200-day MA of 1.01, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 40.60 is Neutral, neither overbought nor oversold. The STOCH value of 12.84 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:G.

Augusta Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AEM	80 Outperform	C$72.92B	26.99	9.42%	1.65%	26.99%	-6.63%
K	75 Outperform	$18.74B	15.18	14.66%	1.14%	16.53%	206.89%
NGD	66 Neutral	C$3.43B	24.62	11.14%	―	18.32%	―
BTO	54 Neutral	C$4.96B	―	-18.54%	5.99%	-4.17%	-318.18%
Sector *	46 Neutral	$2.64B	-3.89	-29.36%	3.33%	2.89%	-29.66%
SEA	38 Underperform	$1.52B	―	-1.59%	―	―	63.45%
G	27 Underperform	$85.93M	―	-24.84%	―	―	-128.74%