Strikepoint Gold (SKP) AI Stock Analysis

• Market Cap: C$6.24M
• Dividend Yield: N/A
• Average Volume (3M): 55.59K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.23
• Revenue Growth: N/A
• EPS Growth: -217.62%
• Country: CA
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.18
• Shares Outstanding: 41,594,920
• 10 Day Avg. Volume: 100,843
• 30 Day Avg. Volume: 55,591
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -1.40
• 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

Strikepoint Gold's stock receives a low overall score due to severe financial challenges, including zero revenue, negative cash flows, and declining equity. Technical indicators suggest a bearish trend, and valuation metrics are unattractive due to negative earnings. The lack of earnings call data and significant corporate events limits further insights.

Strikepoint Gold Business Overview & Revenue Model

Company Description

Strikepoint Gold (SKP) is a Canadian-based mineral exploration company specializing in the acquisition, exploration, and development of gold properties in Canada. The company is focused on advancing high-potential mineral exploration projects and aims to discover and develop economically viable gold deposits. Strikepoint Gold operates primarily within the mining and exploration sector, leveraging its expertise in geology and project management to enhance the value of its portfolio of properties.

How the Company Makes Money

Strikepoint Gold makes money through its exploration and development activities aimed at discovering economically viable gold deposits. The company's primary revenue streams include the sale of mineral properties to other mining companies and generating value through joint ventures or partnerships. By identifying promising exploration projects and advancing them to a stage where they are attractive for acquisition or further development by larger mining firms, Strikepoint Gold can realize returns on its investments. Additionally, the company may earn money through strategic partnerships that provide funding or share exploration risks, allowing it to explore and develop properties more effectively. Revenue can also be generated from the eventual mining and sale of gold if the company decides to proceed with production on its own.

Strikepoint Gold Financial Statement Overview

Summary

Strikepoint Gold's financials reveal significant operational challenges with zero revenue, large net losses, and negative cash flows. The company faces severe profitability and liquidity issues. Although the absence of debt is positive, the declining equity and asset base pose substantial risks.

Income Statement

Strikepoint Gold has consistently reported zero revenue over the years, indicating no operational income from its mining activities. The net profit margin and other profitability metrics are significantly negative, reflecting ongoing operational losses. The company shows no signs of revenue growth, which is concerning for future profitability and sustainability.

Balance Sheet

The company's balance sheet reveals an extremely low equity base, with equity decreasing over recent periods. The debt-to-equity ratio is favorable at zero debt, but this is offset by the shrinking stockholder's equity. The equity ratio has deteriorated, indicating a weaker financial position. The absence of debt is a positive aspect, yet the overall financial health remains weak due to low asset levels and declining equity.

Cash Flow

Strikepoint Gold's cash flow statements highlight persistent negative operating and free cash flows, suggesting ongoing cash burn without revenue generation. The free cash flow has deteriorated over time, and the operating cash flow to net income ratio is negative, indicating inefficiency in converting income into cash. The lack of positive cash flows raises concerns about liquidity and financial sustainability.

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
-24.62K	-149.28K	―	0.00	-790.00	-1.16K
	EBIT
-3.19M	-3.30M	-5.69M	-6.31M	-4.49M	-4.39M
	EBITDA
-2.96M	-190.22K	2.22M	636.13K	-3.68M	-3.96M
	Net Income Common Stockholders
-4.42M	-3.49M	-1.13M	-5.25M	-3.68M	-3.96M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
533.70K	1.40M	4.18M	5.91M	6.20M	432.11K
	Total Assets
609.21K	2.03M	4.86M	6.27M	6.38M	627.09K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-533.70K	-1.40M	-2.70M	-5.91M	-6.20M	-432.11K
	Total Liabilities
275.06K	272.58K	299.35K	648.84K	746.30K	103.16K
	Stockholders Equity
334.15K	1.76M	4.56M	5.62M	5.63M	523.94K
Cash Flow		Free Cash Flow
-3.62M	-2.84M	-3.74M	-5.32M	-2.59M	-3.75M
	Operating Cash Flow
-3.62M	-2.84M	-3.74M	-5.32M	-2.59M	-3.75M
	Investing Cash Flow
-27.07K	1.54M	531.63K	86.94K	798.05K	-39.00K
	Financing Cash Flow
1.89M	0.00	0.00	4.94M	7.56M	3.68M

Strikepoint Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.15
• 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:SKP, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.16, and below the 200-day MA of 0.22, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.01 is Neutral, neither overbought nor oversold. The STOCH value of 57.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SKP.

Strikepoint Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	79 Outperform	C$2.66B	17.19	26.82%	―	77.93%	236.93%
Sector *	47 Neutral	$2.36B	-2.99	-21.59%	3.58%	4.21%	-28.30%
SKE	33 Underperform	C$1.45B	―	-141.24%	―	―	-19.29%
BTR	31 Underperform	C$35.05M	―	-91.29%	―	―	7.15%
SKP	28 Underperform	C$6.24M	―	-406.89%	―	―	-217.62%

Strikepoint Gold Corporate Events

StrikePoint Gold’s AGM Highlights and Future Plans

StrikePoint Gold Inc. has successfully held its annual general meeting, appointing five directors and approving key proposals, including its stock option plan. The company has also granted 1.185 million stock options to directors and a Canadian marketing firm, aiming to strengthen its exploration efforts in Nevada and British Columbia.

StrikePoint Gold Extends Private Placement Timeline

StrikePoint Gold Inc. has received an extension from the TSX Venture Exchange to finalize its non-brokered private placement, aiming to raise up to $3 million. The funds will support exploration projects in Nevada and general working capital. The financing completion is pending TSXV approval with securities subject to a hold period.