Xtra-Gold Resource (XTG) AI Stock Analysis

• Market Cap: C$96.63M
• Dividend Yield: N/A
• Average Volume (3M): 13.56K
• Price to Earnings (P/E): 125.7
• Beta (1Y): 0.20
• Revenue Growth: N/A
• EPS Growth: -55.15%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.02
• Shares Outstanding: 46,014,317
• 10 Day Avg. Volume: 10,242
• 30 Day Avg. Volume: 13,562
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): 9.30
• P/FCF Ratio: 9.30
• 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

Xtra-Gold Resource's overall score reflects strong financial stability but significant operational challenges. The technical analysis is positive with upward momentum, but this is offset by an unattractive valuation with a high P/E ratio and no dividend yield. The absence of earnings call data or notable corporate events means these factors do not influence the score.

Xtra-Gold Resource Business Overview & Revenue Model

Company Description

Xtra-Gold Resources Corp (XTG) is a mineral exploration company primarily focused on the exploration and development of gold properties. Operating in the natural resources sector, the company is engaged in the discovery and extraction of gold deposits. Xtra-Gold's core operations are centered around its significant land holdings in the Kibi Gold Belt in Ghana, West Africa, where it aims to develop its gold assets into economically viable projects.

How the Company Makes Money

Xtra-Gold Resources Corp generates revenue primarily through the exploration and potential development of gold deposits. The company's revenue model is based on identifying valuable mineral resources and increasing their value through exploration activities. Key revenue streams include proceeds from the sale of gold extracted from its properties or from selling or leasing exploration rights to other mining companies. Additionally, Xtra-Gold may enter into joint ventures or partnerships with other mining firms, which can provide additional funding and share in the profits from future mining operations. As a mineral exploration company, its earnings are largely dependent on successful exploration results, the price of gold, and the ability to secure financing or partnerships to advance its projects to production.

Xtra-Gold Resource Financial Statement Overview

Summary

Xtra-Gold Resource's financial health is mixed. The balance sheet is robust with no debt and strong equity, but the income statement reveals operational inefficiencies with no revenue. Cash flow management appears strong, supporting ongoing operations without revenue.

Income Statement

Xtra-Gold Resource shows no revenue generation, which is typical in exploratory mining phases. Despite a positive net income in recent periods, the lack of revenue and negative EBIT and EBITDA margins indicate ongoing operational challenges.

Balance Sheet

The company maintains a strong equity position with no debt, resulting in a favorable debt-to-equity ratio of zero. Stockholders' equity consistently exceeds total liabilities, indicating financial stability.

Cash Flow

The positive trend in free cash flow and operating cash flow growth reflects effective cash management, despite the absence of revenue. High free cash flow to net income ratios signal strong cash generation relative to earnings.

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
-153.51K	0.00	-188.36K	-173.67K	-154.94K	-142.32K
	EBIT
220.18K	-1.26M	-4.83M	-6.31M	-5.21M	-912.58K
	EBITDA
-1.39M	2.27M	-939.03K	-2.06M	-2.69M	-770.26K
	Net Income Common Stockholders
700.53K	-165.93K	631.77K	835.98K	1.86M	2.25M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.87M	9.37M	9.28M	8.05M	6.80M	4.87M
	Total Assets
6.88M	11.86M	11.88M	10.76M	9.34M	6.88M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-3.98M	-7.15M	-5.78M	-4.68M	-4.45M	-3.98M
	Total Liabilities
443.54K	1.52M	1.41M	1.12M	426.82K	443.54K
	Stockholders Equity
6.89M	10.22M	10.53M	9.83M	9.23M	6.89M
Cash Flow		Free Cash Flow
3.78M	1.78M	1.27M	462.67K	185.82K	1.55M
	Operating Cash Flow
2.87M	1.81M	1.53M	666.09K	505.42K	1.60M
	Investing Cash Flow
-556.58K	-269.38K	-259.60K	-203.42K	-319.59K	-47.17K
	Financing Cash Flow
-195.53K	-171.32K	-163.14K	-238.60K	284.19K	-133.57K

Xtra-Gold Resource Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:XTG, the sentiment is Positive. The current price of 2.1 is below the 20-day moving average (MA) of 2.11, above the 50-day MA of 2.05, and above the 200-day MA of 1.68, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 58.80 is Neutral, neither overbought nor oversold. The STOCH value of 53.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:XTG.

Xtra-Gold Resource Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
K	80 Outperform	$24.77B	19.03	14.66%	0.84%	23.38%	131.87%
ELD	79 Outperform	$5.52B	13.81	8.12%	―	33.06%	177.69%
BTO	66 Neutral	$5.90B	―	-18.54%	4.12%	-0.18%	-2195.85%
XTG	61 Neutral	C$96.63M	125.75	5.63%	―	―	-55.15%
Sector *	47 Neutral	$2.53B	-3.19	-22.23%	3.49%	4.01%	-27.90%