Scorpio Gold (SGN) AI Stock Analysis

• Market Cap: C$11.12M
• Dividend Yield: N/A
• Average Volume (3M): 205.10K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.08
• Revenue Growth: N/A
• EPS Growth: 61.00%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Mining
• EPS (TTM): -0.08
• Shares Outstanding: 130,833,240
• 10 Day Avg. Volume: 258,547
• 30 Day Avg. Volume: 205,102
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -0.60
• 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

Scorpio Gold's overall stock score is heavily influenced by its challenging financial performance, characterized by significant losses and high debt, which severely impacts its financial health and outlook. While there are slight positive signals from technical analysis and corporate events, the negative valuation and lack of revenue overshadow these aspects. The company's strategic moves for future growth provide a glimmer of hope, but substantial improvements are needed to enhance its stock performance.

Scorpio Gold Business Overview & Revenue Model

Company Description

Scorpio Gold (SGN) is a mining company that specializes in the exploration and production of precious metals, primarily focusing on gold mining operations. The company is engaged in the acquisition, evaluation, and development of mineral properties in the United States, particularly in Nevada, known for its rich mineral resources. Scorpio Gold aims to maximize shareholder value through efficient mining operations and strategic growth in the precious metals sector.

How the Company Makes Money

Scorpio Gold generates revenue primarily through the extraction and sale of gold from its mining operations. The company operates mines where it extracts ore, processes it to separate gold, and then sells the refined product in the global precious metals market. Key revenue streams for Scorpio Gold include the sale of gold bullion and any by-products resulting from the mining process. Additionally, the company may enter into strategic partnerships or joint ventures to enhance its exploration and production capabilities, contributing to its overall earnings. Other factors influencing earnings include fluctuations in gold prices, operational efficiencies, and cost management in mining operations.

Scorpio Gold Financial Statement Overview

Summary

Overall, Scorpio Gold exhibits significant financial challenges with no revenue generation and consistent net losses impacting its profitability and cash flow. The balance sheet reflects high leverage and low equity stability, raising concerns over financial health. The company needs strategic measures to improve operational efficiency and reduce debt burden to achieve a stronger financial position.

Income Statement

The company's income statement reveals a challenging financial position with no revenue reported in the TTM period. Historical data shows a consistent decline in revenue since 2019, with negative gross profit and significant net losses. The EBIT and EBITDA margins are substantially negative, indicating operational inefficiencies and a lack of profitability.

Balance Sheet

Scorpio Gold's balance sheet shows a moderate financial position with a high debt-to-equity ratio due to increased total debt relative to equity. Despite this, the company's equity has improved over the TTM period. However, the low equity ratio indicates potential financial instability. The company should focus on strengthening its equity base to mitigate risks associated with high leverage.

Cash Flow

The cash flow statement indicates negative operating and free cash flows over the TTM period, reflecting challenges in generating cash from operations. Although there are signs of improvement in financing activities, the operating cash flow to net income ratio remains negative, suggesting cash flow issues tied to unprofitable operations. The company needs to enhance its cash flow generation capabilities to support financial stability.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	3.24M	4.97M	5.25M
	Gross Profit
-8.89K	0.00	-160.99K	-1.93M	230.00K	340.00K
	EBIT
-2.95M	-2.20M	-4.00M	-5.89M	-1.83M	-4.75M
	EBITDA
-1.63M	-2.20M	-2.95M	-3.78M	-521.00K	-1.25M
	Net Income Common Stockholders
-2.02M	-2.27M	-2.21M	-4.68M	-1.42M	-1.45M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.42M	294.85K	331.90K	278.98K	4.15M	2.24M
	Total Assets
19.77M	14.69M	14.45M	13.79M	18.96M	15.46M
	Total Debt
3.79M	4.47M	3.05M	450.00K	0.00	0.00
	Net Debt
1.36M	4.17M	2.72M	171.02K	-4.15M	-2.24M
	Total Liabilities
14.72M	11.92M	9.62M	7.33M	8.41M	5.81M
	Stockholders Equity
5.05M	2.77M	4.83M	6.46M	10.54M	9.65M
Cash Flow		Free Cash Flow
-4.85M	-1.51M	-2.55M	-4.27M	-1.28M	-2.62M
	Operating Cash Flow
-3.73M	-1.44M	-1.69M	-2.60M	-807.00K	-2.19M
	Investing Cash Flow
-2.16M	130.52K	-687.56K	-1.72M	-1.77M	-1.22M
	Financing Cash Flow
5.96M	1.27M	2.43M	450.00K	4.49M	4.55M

Scorpio Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.09
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SGN, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.10, and below the 200-day MA of 0.13, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 39.98 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SGN.

Scorpio Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	75 Outperform	C$2.28B	21.97	20.56%	―	64.92%	185.22%
BTO	54 Neutral	$4.96B	―	-18.54%	6.17%	-4.17%	-318.18%
Sector *	46 Neutral	$2.64B	-3.82	-29.96%	3.28%	2.83%	-29.39%
SGN	38 Underperform	C$11.12M	―	-32.70%	―	―	61.00%
GNG	28 Underperform	C$1.65M	―	-147.05%	―	―	-399.62%

Scorpio Gold Corporate Events

Scorpio Gold’s Transformative 2024 Sets Stage for 2025 Milestones

Scorpio Gold Corporation experienced significant growth in 2024, highlighted by closing $8.5 million in private placements and expanding its land position in the Manhattan District. The company also strengthened its management and advisory team, positioning itself for further advancements in 2025, including a maiden resource estimate for its Manhattan project. These strategic moves have bolstered stakeholder confidence, setting the stage for an aggressive exploration program in the upcoming year.

Scorpio Gold Uncovers Strong Potential in Nevada

Scorpio Gold Corp. has announced promising results from its 2024 drilling campaign at the Manhattan District Project in Nevada, revealing a significant gold intercept with open-pit mining potential. This development underlines the company’s belief in Manhattan’s capacity to become a substantial gold resource, with more results anticipated in early 2025.

Scorpio Gold Engages Investors in Europe and Dubai

Scorpio Gold is set to engage with European investors through roadshows in Zurich and Paris, as well as participating in the 121 Mining Investment Dubai conference. The company aims to attract investment interest by discussing their ongoing projects in Nevada, including upcoming drill results and resource estimates.