Outback Goldfields Corp (OZ) AI Stock Analysis

• Market Cap: C$8.73M
• Dividend Yield: N/A
• Average Volume (3M): 76.90K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.81
• Revenue Growth: N/A
• EPS Growth: 92.71%
• Country: CA
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 79
• Industry: Gold
• EPS (TTM): -0.15
• Shares Outstanding: 29,107,925
• 10 Day Avg. Volume: 16,650
• 30 Day Avg. Volume: 76,901
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -4.80
• 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

Outback Goldfields Corp is currently in a challenging position with significant financial weaknesses, including zero revenue and ongoing losses. The technical analysis indicates a lack of positive market momentum, while the valuation metrics highlight concerns with a negative P/E ratio and no dividends. The strong equity position is overshadowed by liquidity and operational issues, necessitating urgent strategic shifts to enhance revenue and sustainability.

Outback Goldfields Corp Business Overview & Revenue Model

Company Description

Outback Goldfields Corp (OZ) is a mineral exploration company focused on discovering and developing gold projects in the gold-rich regions of Victoria, Australia. The company operates within the mining sector, leveraging advanced exploration techniques to identify promising gold deposits. Outback Goldfields aims to create shareholder value through strategic exploration and development activities across its portfolio of properties.

How the Company Makes Money

Outback Goldfields Corp generates revenue primarily through the discovery, development, and potential sale or joint venture of gold mining projects. The company invests in exploration activities to identify high-potential gold deposits, which can then be developed into operational mines. Revenue is generated when these projects are either sold to larger mining companies, developed into producing mines, or through partnerships and joint ventures that provide funding for further exploration and development. These partnerships can also include royalty agreements or shareholding arrangements with other mining entities, contributing to the company's earnings.

Outback Goldfields Corp Financial Statement Overview

Summary

Outback Goldfields Corp faces significant financial challenges with zero revenue and ongoing losses. Despite a strong equity position and no debt, the lack of income and negative cash flows raise concerns about operational sustainability.

Income Statement

Outback Goldfields Corp has reported zero revenue over the periods analyzed, reflecting a lack of sales which is critical for a mining company. The company has consistently posted net losses, with no revenue growth. Margins like EBIT and EBITDA are negative, indicating operational inefficiencies and continued financial strain with no apparent path to profitability in the short term.

Balance Sheet

The company maintains a positive equity position with no debt, which is a sign of financial prudence. The equity ratio is high, signifying a strong capital structure. However, the absence of revenue and persistent losses erode the potential strengths of this balance sheet, as the company might struggle to sustain operations without external funding or revenue generation.

Cash Flow

Free cash flow remains negative, and the operating cash flow is unable to cover net income losses, indicating poor cash management and operational inefficiencies. The company has relied on financing activities in some periods to manage liquidity, which is unsustainable without revenue. The lack of free cash flow growth highlights potential liquidity risks.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-3.62K	-5.79K	―	-8.90K	-2.66K	0.00
	EBIT
-368.06K	-830.79K	-1.20M	-2.71M	-3.04M	-77.98K
	EBITDA
-1.85M	-800.01K	-12.25M	-2.73M	-2.99M	-77.98K
	Net Income Common Stockholders
-1.81M	-805.81K	-12.25M	-2.74M	-2.99M	-310.84K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
335.32K	2.50M	1.31M	3.06M	6.80M	130.98K
	Total Assets
14.38M	16.70M	15.11M	27.14M	29.58M	148.49K
	Total Debt
0.00	0.00	0.00	0.00	0.00	27.00K
	Net Debt
-335.32K	-83.68K	-1.31M	-3.06M	-6.80M	-103.98K
	Total Liabilities
50.30K	115.98K	139.71K	73.04K	406.23K	40.27K
	Stockholders Equity
14.33M	16.59M	14.97M	27.07M	29.17M	108.22K
Cash Flow		Free Cash Flow
-1.50M	-951.53K	-1.75M	-3.75M	-3.72M	-83.89K
	Operating Cash Flow
-1.34M	-951.03K	-900.44K	-1.95M	-1.98M	-64.58K
	Investing Cash Flow
-2.68M	-277.65K	-843.85K	-1.80M	-2.17M	-19.31K
	Financing Cash Flow
4.85M	0.00	0.00	0.00	10.82M	0.00

Outback Goldfields Corp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:OZ, the sentiment is Negative. The current price of 0.3 is below the 20-day moving average (MA) of 0.32, below the 50-day MA of 0.37, and below the 200-day MA of 0.31, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 41.10 is Neutral, neither overbought nor oversold. The STOCH value of 80.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:OZ.

Outback Goldfields Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WDO	78 Outperform	C$2.68B	19.77	27.15%	―	67.54%	―
Sector *	59 Neutral	$2.69B	11.49	0.09%	8679.75%	5.56%	-16.50%
OZ	31 Underperform	C$8.73M	―	-9.48%	―	―	92.71%

Outback Goldfields Corp Corporate Events

Valkea Resources Completes Initial Drilling at Finnish Gold Project

Valkea Resources Inc. has completed its inaugural drill program at the Paana Project in Central Lapland, Finland. The program involved over 2,000 meters of core drilling aimed at assessing the potential for high-grade gold mineralization at the Aarnivalkea West target. This strategic initiative is part of Valkea’s Phase 1 exploration strategy, with assay results expected in February. The completion of this drilling marks a significant step in refining Valkea’s structural model and identifying further opportunities within the Paana project, thereby strengthening its position in the gold exploration market.