Tristar Gold (TSG) AI Stock Analysis

• Market Cap: C$49.13M
• Dividend Yield: N/A
• Average Volume (3M): 381.08K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.38
• Revenue Growth: N/A
• EPS Growth: -76.19%
• Country: CA
• Employees: 31
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 289,017,460
• 10 Day Avg. Volume: 179,981
• 30 Day Avg. Volume: 381,084
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -36.60
• 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

Tristar Gold struggles with significant financial challenges, notably its lack of revenue and ongoing losses. The strong balance sheet provides some stability, but growth potential is limited by financial performance. Technical indicators show mixed signals, and valuation metrics highlight the company's current unprofitability. The absence of corporate events and earnings call data leaves these as neutral factors.

Tristar Gold Business Overview & Revenue Model

Company Description

TriStar Gold (TSG) is a mineral exploration and development company primarily focused on advancing its flagship gold project, Castelo de Sonhos, located in Pará State, Brazil. The company operates within the mining and natural resources sector, specializing in the identification, acquisition, and development of gold properties with the potential for significant resource expansion and economic extraction.

How the Company Makes Money

TriStar Gold generates revenue primarily through the exploration and development of its gold resources, with the ultimate goal of moving its projects from exploration to production. The company seeks to increase the value of its gold assets by advancing exploration activities, conducting feasibility studies, and securing the necessary permits to bring the projects to production. Revenue is typically realized when the company enters into joint ventures or sells its stakes in developed properties to larger mining companies. Additionally, TriStar Gold may raise funds through equity financing, issuing shares to investors to fund ongoing exploration and project development activities. Strategic partnerships with other mining entities or investment firms may also contribute to its financial growth and exploration success.

Tristar Gold Financial Statement Overview

Summary

Tristar Gold faces significant hurdles with zero revenue and consistent losses, impacting its income statement negatively. The balance sheet is strong with no debt, providing stability, but the lack of revenue generation limits growth potential. Cash flow indicates some operational efficiency but struggles with free cash flow sustainability.

Income Statement

Tristar Gold has consistently reported zero revenue, indicating a lack of operational sales. The company shows a net loss for the TTM (Trailing-Twelve-Months) period, reflecting ongoing financial challenges with negative EBIT and EBITDA margins. The absence of revenue growth and profitability is a significant concern.

Balance Sheet

Tristar Gold maintains a strong equity position with zero debt, indicated by a favorable debt-to-equity ratio. The company's equity ratio is robust, showing a solid reliance on equity financing. However, the lack of revenue generation poses a risk to leveraging these assets effectively.

Cash Flow

The company shows positive operating cash flow for the TTM, reflecting some operational cash efficiency. However, free cash flow has been negative in recent periods, indicating challenges in maintaining cash reserves. The free cash flow to net income ratio suggests difficulty in converting operations into cash profits.

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
0.00	0.00	0.00	-1.64K	-1.70K	-2.18K
	EBIT
-314.48K	―	-2.34M	-3.62M	-2.83M	-1.59M
	EBITDA
-1.80M	―	-2.34M	-1.39M	-1.17M	-1.58M
	Net Income Common Stockholders
-2.28M	―	-967.20K	207.91K	-125.27K	-1.74M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
734.20K	3.77M	4.98M	5.37M	10.02M	5.54M
	Total Assets
20.08M	30.43M	29.43M	27.55M	29.23M	22.06M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-734.20K	-3.77M	-4.98M	-5.37M	-10.02M	-5.54M
	Total Liabilities
814.50K	893.71K	1.16M	1.92M	3.97M	3.03M
	Stockholders Equity
19.27M	29.53M	28.28M	25.63M	25.26M	19.03M
Cash Flow		Free Cash Flow
73.39K	-90.78K	-1.53M	746.72K	-1.40M	-2.67M
	Operating Cash Flow
2.00M	2.17M	785.66K	3.67M	2.49M	-687.73K
	Investing Cash Flow
-1.92M	-2.26M	-2.29M	-2.93M	-3.89M	-1.99M
	Financing Cash Flow
0.00	2.34M	3.95M	80.86K	9.30M	8.02M

Tristar Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.17
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TSG, the sentiment is Positive. The current price of 0.17 is below the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.17, and above the 200-day MA of 0.16, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.58 is Neutral, neither overbought nor oversold. The STOCH value of 6.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TSG.

Tristar 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%
ELD	74 Outperform	$5.12B	11.83	8.12%	―	27.29%	―
OR	56 Neutral	C$5.51B	247.32	1.33%	0.89%	1.62%	-232.31%
BTO	54 Neutral	$5.44B	―	-18.54%	4.81%	-4.17%	-318.18%
Sector *	47 Neutral	$2.64B	-3.21	-21.68%	3.30%	4.19%	-30.23%
TSG	47 Neutral	C$49.13M	―	-6.63%	―	―	-76.19%

Tristar Gold Corporate Events

TriStar Gold Announces Private Placement and Leadership Change

TriStar Gold Inc. announced a non-brokered private placement to raise up to C$1.5 million by issuing common shares, with proceeds intended for working capital and advancing the Castelo de Sonhos project. Additionally, there is a change in company officers as Brian Irwin retires, with Scott Brunsdon assuming the role of Corporate Secretary alongside his CFO duties, receiving common shares as a termination payment.

TriStar Gold Gains Regulatory Support for Brazilian Project

TriStar Gold Inc. has received a positive response from government regulators regarding its Castelo de Sonhos gold project in Brazil, affirming the validity of its crucial LP permit. With strong support from the Pará Secretariat for the Environment and Sustainability, TriStar is confident in the permitting process and is exploring financing options to advance the project towards construction.

TriStar Gold Appoints New Director and Interim CEO

TriStar Gold has appointed Marcus Brewster, an experienced geologist and mining engineer, to its Board of Directors while Jessica Van Den Akker steps in as interim CEO during Nick Appleyard’s medical leave. Brewster’s expertise in managing large-scale gold mines is expected to bolster TriStar’s efforts in advancing its Castelo de Sonhos gold project in Brazil, promising exciting developments for investors.

Leadership Changes at TriStar Gold

TriStar Gold is shaking up its leadership as Marcus Brewster joins the Board of Directors, stepping down from his role as Chief Operating Officer. Mark Jones III has been honored as Chairman Emeritus for his foundational contributions to the company. These changes come as TriStar continues to advance its flagship Castelo de Sonhos gold project in Brazil.