Plato Gold (PGC) AI Stock Analysis

• Market Cap: C$6.92M
• Dividend Yield: N/A
• Average Volume (3M): 16.87K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.06
• Revenue Growth: N/A
• EPS Growth: -75.00%
• Country: CA
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 63
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 230,665,710
• 10 Day Avg. Volume: 32,000
• 30 Day Avg. Volume: 16,866
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1866.83
• Price to Cash Flow (P/CF): -47.50
• 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 Plato Gold's overall score is its financial performance, which reflects ongoing challenges in achieving profitability and generating positive cash flow. Technical analysis and valuation also highlight concerns, with stagnant price trends and negative earnings, making the stock a high-risk investment in the current market environment.

Plato Gold Business Overview & Revenue Model

Company Description

Plato Gold Corp. (PGC) is a Canadian exploration company focused on the acquisition, exploration, and development of mineral properties. The company is primarily engaged in the mining and exploration of precious metals, with a strong emphasis on gold and rare earth elements. Plato Gold operates in several key regions, including Canada and South America, where it seeks to discover and develop economically viable mineral deposits.

How the Company Makes Money

Plato Gold Corp. generates revenue through its exploration and development activities, primarily by identifying and advancing mineral properties to the point where they can be sold, leased, or partnered with other mining companies. The company's key revenue streams include selling exploration rights, entering into joint ventures, and earning royalties from developed mining projects. Additionally, Plato Gold may engage in capital raising activities, such as issuing shares or securing financing, to fund its exploration programs and operational expenses. Partnerships with larger mining companies can also contribute to its earnings by providing technical expertise and financial resources necessary for advancing projects.

Plato Gold Financial Statement Overview

Summary

Plato Gold is struggling to achieve profitability and generate positive cash flow. Despite some revenue growth, profitability and cash flow remain negative, raising concerns about long-term financial sustainability. The balance sheet shows low leverage, providing some stability, but the reliance on external financing is a significant risk.

Income Statement

The company shows a modest increase in revenue from the previous year, but it is still operating at a loss with negative EBIT and net income. The net profit margin and EBIT margin are negative, indicating poor profitability. Revenue growth is present, but financial sustainability is a concern due to continual losses.

Balance Sheet

The company maintains a low debt-to-equity ratio, indicating relatively low leverage. However, the return on equity is negative due to net losses. The equity ratio is fairly strong, suggesting that a significant portion of assets is financed by equity, providing some stability.

Cash Flow

The operating cash flow is negative, reflecting challenges in generating cash from operations. Free cash flow has deteriorated significantly, indicating potential liquidity issues. The company relies heavily on financing activities to sustain operations, which poses a risk.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
2.56K	2.05K	0.00	0.00	0.00	0.00
	Gross Profit
2.56K	2.05K	0.00	0.00	-44.00	-18.00
	EBIT
-115.68K	-128.37K	-136.44K	-331.07K	-179.93K	-263.93K
	EBITDA
-163.00K	-128.37K	-136.44K	-331.07K	-200.07K	-215.48K
	Net Income Common Stockholders
-313.93K	-346.86K	-238.65K	-359.78K	-200.65K	-268.87K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
21.71K	14.31K	78.77K	112.73K	57.03K	189.33K
	Total Assets
2.53M	2.48M	2.47M	2.29M	1.91M	1.88M
	Total Debt
424.06K	322.26K	32.08K	32.08K	19.25K	0.00
	Net Debt
402.35K	307.95K	-46.69K	-80.65K	-37.78K	-93.67K
	Total Liabilities
1.29M	1.19M	845.34K	764.04K	648.95K	629.10K
	Stockholders Equity
1.25M	1.30M	1.63M	1.53M	1.27M	1.28M
Cash Flow		Free Cash Flow
-364.75K	-54.87K	-496.34K	-456.55K	-295.60K	-453.81K
	Operating Cash Flow
-118.27K	-54.87K	-190.98K	-119.34K	-200.05K	-289.49K
	Investing Cash Flow
-239.18K	-234.77K	-305.32K	-326.07K	-84.54K	21.48K
	Financing Cash Flow
339.65K	225.17K	462.34K	501.11K	247.96K	350.00K

Plato Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	79 Outperform	C$2.86B	17.19	26.82%	―	77.93%	236.93%
Sector *	61 Neutral	$4.72B	17.64	-3.07%	10.89%	5.99%	-21.86%
FVL	47 Neutral	C$375.27M	―	-1.12%	―	―	66.67%
NFG	39 Underperform	$298.91M	―	-76.48%	―	―	41.94%
PGC	35 Underperform	C$6.92M	―	-23.44%	―	―	-75.00%
BTR	31 Underperform	C$35.05M	―	-91.29%	―	―	7.15%

Plato Gold Corporate Events

Plato Gold to Present at Swiss Mining Conference

Plato Gold Corp., a Canadian exploration company, is set to present at the prestigious Swiss Mining Institute conference, showcasing its diverse portfolio of gold and niobium projects in Northern Ontario and Argentina. With properties in Timmins, Ontario, and a significant interest in Argentina, the company aims to highlight its potential in the gold and silver mining sector.

Plato Gold Corp. Reports Third Quarter Results

Plato Gold Corp., a Canadian exploration company, has reported its financial results for the third quarter, revealing a narrowing net loss compared to the previous year. Despite a modest income decrease, the company has shown resilience in managing its financial performance. Investors may find these results indicative of the company’s potential growth and stability in the exploration sector.