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Odyssey Gold Limited (AU:ODY)
:ODY

Odyssey Gold Limited (ODY) AI Stock Analysis

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Odyssey Gold Limited

(Frankfurt:ODY)

Rating:42Neutral
Price Target:
Odyssey Gold Limited's overall stock score reflects significant financial challenges, including the absence of revenue and persistent losses, despite a strong equity base and no debt. Technical analysis indicates some positive momentum, yet the stock appears overbought, increasing risk. The negative P/E ratio and lack of dividends highlight valuation concerns. The company's future performance hinges on its ability to improve revenue generation and operational efficiency to achieve sustainable growth.

Odyssey Gold Limited (ODY) vs. iShares MSCI Australia ETF (EWA)

Odyssey Gold Limited Business Overview & Revenue Model

Company DescriptionOdyssey Gold Limited engages in the exploration and development of mineral resource properties in Western Australia. The company primarily explores for gold. It holds an agreement to acquire 80% interests in the Tuckanarra and Stakewell gold projects, located in the Meekatharra-Cue region of Western Australia. The company was formerly known as Odyssey Energy Limited and changed its name to Odyssey Gold Limited in November 2020. Odyssey Gold Limited was incorporated in 2005 and is based in Perth, Australia.
How the Company Makes MoneyOdyssey Gold Limited makes money primarily through the exploration and potential development of gold mining projects. The company generates revenue by discovering commercially viable gold deposits, which can lead to the sale of these assets to larger mining companies or entering into joint ventures for further development. Additionally, Odyssey Gold may earn income through licensing agreements or royalties once mining operations commence. The company may also raise funds through equity financing to support its exploration activities. Significant partnerships with other resource companies or investors can enhance its financial position and resources for exploration.

Odyssey Gold Limited Financial Statement Overview

Summary
Odyssey Gold Limited demonstrates financial stability with a solid equity base and no significant debt load. However, the lack of revenue and persistent losses indicate operational challenges. The company's reliance on financing for cash flow underscores the need for strategic shifts to achieve profitability and sustainable growth. Without improvement in revenue generation and operational efficiency, long-term financial health remains uncertain.
Income Statement
15
Very Negative
The income statement reveals a consistent lack of revenue generation with zero revenue reported in the latest period, reflecting stagnation in growth. The company has been unable to achieve profitability, with increasing net losses over time. The absence of gross and net profit margins highlights struggles in cost management and revenue generation, critical for a company in the mining sector.
Balance Sheet
55
Neutral
Odyssey Gold Limited maintains a solid equity base with no debt, resulting in a favorable debt-to-equity ratio of zero. The equity ratio remains robust at approximately 98.6%, indicating financial stability. However, the declining stockholders' equity suggests potential challenges in sustaining growth and operational funding without revenue generation.
Cash Flow
25
Negative
The cash flow statement highlights negative operating and free cash flows, showing cash burn primarily from operations without offsetting revenue streams. The company has relied heavily on financing activities to fund operations, which may not be sustainable long-term. Positive free cash flow growth is absent, indicating potential liquidity constraints.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.00-14.03K10.00K10.00K
Gross Profit
0.00-64.84K-67.03K-76.04K9.01K10.00K
EBIT
-2.23M-2.17M-3.92M-9.55M-4.44M-388.03K
EBITDA
-2.16M-2.11M-3.85M-9.48M-4.43M0.00
Net Income Common Stockholders
-2.09M-2.04M-3.84M-9.54M-4.37M-60.74K
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.76M2.94M2.94M3.48M12.69M14.25M
Total Assets
10.82M11.99M12.07M12.78M22.17M14.28M
Total Debt
0.000.000.000.000.000.00
Net Debt
-1.76M-2.94M-2.94M-3.48M-12.69M-14.25M
Total Liabilities
271.92K164.94K1.26M2.80M2.90M45.86K
Stockholders Equity
10.54M11.82M10.81M9.98M19.27M14.23M
Cash FlowFree Cash Flow
-3.00M-5.00M-9.32M-7.46M-132.10K
Operating Cash Flow
-2.00M-4.45M-8.58M-3.66M-132.10K
Investing Cash Flow
-1.00K-1.00M-541.99K-585.74K-3.95M0.00
Financing Cash Flow
0.003.01M4.45M-44.30K6.06M0.00

Odyssey Gold Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Positive
200DMA
0.02
Positive
Market Momentum
MACD
<0.01
Positive
RSI
46.51
Neutral
STOCH
20.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ODY, the sentiment is Neutral. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 46.51 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:ODY.

Odyssey Gold Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$2.78B10.700.50%8507.83%5.74%-19.41%
AUODY
42
Neutral
AU$17.98M-18.08%36.11%
$18.95B23.8611.01%2.54%
$11.23B24.9116.97%1.39%
$2.35B23.9413.42%0.63%
$2.38B-0.38%
$2.06B8.7426.42%3.00%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ODY
Odyssey Gold Limited
0.02
0.00
0.00%
NESRF
Northern Star Resources Ltd
13.11
4.01
44.07%
CAHPF
Evolution Mining Limited
5.55
3.01
118.50%
ELKMF
Gold Road Resources Ltd
1.73
0.62
55.86%
RGRNF
Regis Resources Limited
2.95
1.72
139.84%
RMLRF
Ramelius Resources Limited
1.84
0.62
50.82%

Odyssey Gold Limited Corporate Events

Odyssey Gold Uncovers New Targets at Tuckanarra Project
May 5, 2025

Odyssey Gold Limited has announced the successful completion of an airborne electromagnetic survey at the Tuckanarra Gold JV Project, identifying multiple priority targets. The survey, which covered 47 square kilometers, revealed 32 EM anomalies, some of which coincide with known mineral resources, highlighting the technique’s effectiveness. The discovery of new targets, particularly those under cover, presents significant opportunities for resource expansion and further exploration, positioning Odyssey Gold for potential growth in its gold resource base.

Odyssey Gold Advances Tuckanarra Project with New Survey and Processing Collaboration
Apr 30, 2025

Odyssey Gold Limited has completed a regional airborne electromagnetic survey at its Tuckanarra Gold Project to identify deeper gold targets for drilling. The company has also executed a memorandum of understanding with Monument Murchison Pty Ltd to explore processing options at the nearby Burnakura gold processing plant. A technical study has commenced to assess mining and processing options, leveraging the project’s strategic location and existing infrastructure.

Odyssey Gold Launches Technical Study for Tuckanarra Project
Apr 29, 2025

Odyssey Gold Limited has initiated a Technical Study to explore mining options for its Tuckanarra Gold Project, aiming to process high-grade open pit resources at the nearby Burnakura plant. The study, part of a collaboration with Monument Murchison Pty Ltd, seeks to leverage the supportive gold price environment and the project’s strategic advantages, such as existing mining leases and favorable metallurgical characteristics, to fast-track production. The engagement of Goldfields Technical Services to manage the study and the completion of an aerial electromagnetic survey underscore Odyssey’s commitment to advancing the project and exploring additional resources.

Odyssey Gold Limited Releases Interim Financial Report for 2024
Mar 13, 2025

Odyssey Gold Limited has released its interim financial report for the half-year ending December 31, 2024. The report provides insights into the company’s financial performance, including statements of profit or loss, financial position, and cash flows. This financial disclosure is crucial for stakeholders to assess the company’s operational efficiency and financial health, potentially impacting its market positioning and investor confidence.

Odyssey Gold Appoints Matthew Syme as Executive Director
Mar 12, 2025

Odyssey Gold Limited has appointed Mr. Matthew Syme as an Executive Director, effective immediately. Mr. Syme, who has extensive experience in the mining sector and has previously served as a Non-Executive Director for the company, was instrumental in acquiring Odyssey’s current gold projects in 2020. His appointment is expected to strengthen the company’s leadership and enhance its strategic direction in the mining industry.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.