Odyssey Gold Limited (ODY) AI Stock Analysis

• Market Cap: AU$18.88M
• Dividend Yield: N/A
• Average Volume (3M): 584.36K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.95
• Revenue Growth: N/A
• EPS Growth: 36.11%
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 69
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 898,871,150
• 10 Day Avg. Volume: 601,241
• 30 Day Avg. Volume: 584,360
• PEG Ratio: -1.28
• Price to Book (P/B): 2.03
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.70K
• 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

• Rating: 42 Neutral
• 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 Business Overview & Revenue Model

Company Description

Odyssey 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 Money

Odyssey 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

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

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

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
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	-14.03K	10.00K	10.00K
	Gross Profit
0.00	-64.84K	-67.03K	-76.04K	9.01K	10.00K
	EBIT
-2.23M	-2.17M	-3.92M	-9.55M	-4.44M	-388.03K
	EBITDA
-2.16M	-2.11M	-3.85M	-9.48M	-4.43M	0.00
	Net Income Common Stockholders
-2.09M	-2.04M	-3.84M	-9.54M	-4.37M	-60.74K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.76M	2.94M	2.94M	3.48M	12.69M	14.25M
	Total Assets
10.82M	11.99M	12.07M	12.78M	22.17M	14.28M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-1.76M	-2.94M	-2.94M	-3.48M	-12.69M	-14.25M
	Total Liabilities
271.92K	164.94K	1.26M	2.80M	2.90M	45.86K
	Stockholders Equity
10.54M	11.82M	10.81M	9.98M	19.27M	14.23M
Cash Flow		Free 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	-3.95M	0.00
	Financing Cash Flow
0.00	3.01M	4.45M	-44.30K	6.06M	0.00

Odyssey Gold Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ODY, the sentiment is Negative. 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 bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.00 is Neutral, neither overbought nor oversold. The STOCH value of 12.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ODY.

Odyssey Gold Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$2.80B	10.80	0.50%	8507.83%	5.68%	-20.85%
ODY	42 Neutral	AU$18.88M	―	-18.08%	―	―	36.11%
NESRF		$18.92B	23.86	11.01%	2.51%	―	―
CAHPF		$11.33B	24.56	16.97%	1.43%	―	―
ELKMF		$2.34B	23.94	13.42%	0.76%	―	―
RGRNF		$2.38B	―	-0.38%	―	―	―
RMLRF		$2.11B	8.69	26.42%	2.87%	―	―

Odyssey Gold Limited Corporate Events

Odyssey Gold Uncovers New Targets at Tuckanarra Project

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

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

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

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

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.