Mistango River Resources (MIS) AI Stock Analysis

• Market Cap: C$5.35M
• Dividend Yield: N/A
• Average Volume (3M): 29.59K
• Price to Earnings (P/E): 300.0
• Beta (1Y): 0.18
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 178,231,840
• 10 Day Avg. Volume: 69,592
• 30 Day Avg. Volume: 29,585
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -7.30
• 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 most significant factor impacting Mistango River Resources' score is its poor financial performance, characterized by no revenue generation and negative cash flows. Technical analysis suggests bearish momentum, exacerbating the financial concerns. Lastly, the high P/E ratio indicates overvaluation, further challenging the stock's attractiveness.

Mistango River Resources Business Overview & Revenue Model

Company Description

Mistango River Resources (MIS) is a Canadian-based junior mining company engaged in the exploration and development of precious metal properties. The company primarily focuses on the acquisition and exploration of gold and silver projects within the mining-friendly jurisdictions of Canada. Mistango River Resources aims to discover and develop high-quality mineral assets while leveraging its technical expertise and strategic partnerships to create value for its shareholders.

How the Company Makes Money

Mistango River Resources generates revenue primarily through the exploration and development of its mineral assets, targeting the discovery of economically viable gold and silver deposits. The company seeks to enhance its portfolio by acquiring promising exploration properties and advancing these projects through various stages of development. Revenue is typically realized through the sale of mineral resources, partnerships, or joint ventures with larger mining companies that provide capital and operational expertise. Additionally, Mistango may engage in strategic transactions such as property sales or option agreements that contribute to its earnings. The company’s financial performance is influenced by factors such as commodity prices, exploration success, and strategic alliances within the mining industry.

Mistango River Resources Financial Statement Overview

Summary

Mistango River Resources faces significant challenges with no revenue generation and ongoing operational losses. While the strong equity position and cash reserves provide a cushion, the absence of income and negative cash flow highlight sustainability concerns. Strategic adjustments are necessary to improve financial health and operational efficiency.

Income Statement

The company has consistently reported zero revenue over the years, indicating no operational income generation. The negative gross profit suggests cost overruns without revenue to offset them. Net income has shown a slight improvement in the TTM, but overall, profitability metrics remain poor with negative EBIT and EBITDA margins.

Balance Sheet

The balance sheet shows a relatively strong equity position compared to liabilities, with an equity ratio of approximately 87% in the TTM, indicating financial stability. However, the debt-to-equity ratio remains low due to minimal debt levels. The company's cash reserves are substantial, providing a buffer against operational losses.

Cash Flow

The company exhibits negative free cash flow, though there has been some improvement in operating cash flow recently. The cash flow to net income ratio is not favorable, indicating operational inefficiencies. The reliance on financing activities for cash inflow is a potential risk if external funding becomes less accessible.

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
-61.34K	-58.40K	-57.13K	-30.85K	-28.63K	-8.14K
	EBIT
-664.49K	-1.19M	-3.72M	-2.13M	-1.51M	-1.14M
	EBITDA
-1.19M	-962.79K	-3.58M	-2.07M	-1.50M	-941.34K
	Net Income Common Stockholders
21.24K	-642.01K	-3.04M	-2.07M	-1.53M	-950.80K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
12.98K	3.66M	4.05M	7.09M	6.58M	257.02K
	Total Assets
93.70K	4.56M	4.88M	7.98M	6.75M	385.01K
	Total Debt
0.00	120.56K	185.65K	66.89K	87.43K	100.94K
	Net Debt
-12.98K	-1.61M	-2.16M	-7.02M	-6.49M	-156.07K
	Total Liabilities
24.71K	335.69K	1.18M	1.44M	735.81K	433.36K
	Stockholders Equity
68.99K	4.22M	3.70M	6.54M	6.01M	-48.35K
Cash Flow		Free Cash Flow
-211.81K	-1.64M	-3.04M	-1.84M	-1.45M	-849.57K
	Operating Cash Flow
-211.81K	-1.66M	-3.04M	-1.84M	-1.42M	-849.57K
	Investing Cash Flow
1.90M	0.00	-1.66M	-66.89K	-9.76K	225.00K
	Financing Cash Flow
-47.66K	1.04M	-51.11K	2.42M	7.75M	868.61K

Mistango River Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MIS, the sentiment is Positive. The current price of 0.03 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 65.83 is Neutral, neither overbought nor oversold. The STOCH value of 150.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MIS.

Mistango River Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FNC	63 Neutral	C$20.48M	3.29	12.02%	―	―	207.14%
PRB	52 Neutral	C$357.56M	―	-113.17%	―	―	2.31%
MUX	51 Neutral	$415.30M	3.61	-8.76%	―	4.96%	-182.95%
Sector *	47 Neutral	$2.66B	-3.11	-22.17%	3.33%	3.66%	-28.13%
GFG	47 Neutral	C$59.21M	33.85	4.96%	―	―	―
MIS	31 Underperform	C$5.35M	300.00	0.63%	―	―	―
BTR	31 Underperform	C$35.05M	―	-91.29%	―	―	7.15%

Mistango River Resources Corporate Events

Mistango River Resources Appoints Charles Beaudry as VP Exploration to Enhance Strategic Growth

Mistango River Resources has appointed Charles Beaudry as Vice President of Exploration, bringing his extensive experience to enhance the company’s exploration efforts. Beaudry aims to leverage his expertise to unlock the potential of Mistango’s underexplored assets in Kirkland Lake and Shining Tree, focusing on value creation through consolidation and strategic development in a region ripe with opportunities due to rising gold prices.

Mistango River Resources Reports Promising Gold Assay Results

Mistango River Resources has reported promising gold assay results from its recent drilling program on the Omega Mine property. The results suggest significant shallow mineralization and potential deeper zones of interest, with some samples showing high gold concentrations. These findings continue to support the potential for valuable mineral deposits in the SW Zone area.