Austin Gold Corp. (AUST) AI Stock Analysis

Austin Gold Corp.

(NYSE MKT:AUST)

Select Model

Rating:39Underperform

Price Target:$0.79▲(6.15% Upside)

Action:reiterated

Date:10/16/26

AUST scores near the bottom of the range. The dominant factor is its weak financial profile: no revenue, continuous losses, negative cash flow and a shrinking equity base that makes the company reliant on dilutive equity financing, with a debt-free balance sheet the sole mitigating strength. Technicals reinforce the caution, with the share price below all major moving averages and a negative MACD, though the low RSI and stochastic hint at oversold conditions. Valuation offers no support, with negative earnings and no dividend. This is a high-risk, speculative holding whose outcome hinges on exploration success and access to capital rather than financial fundamentals.

Positive Factors

Debt-free balance sheetNo debt materially reduces financial risk and avoids mandatory interest or principal payments while exploration programs continue. This gives Austin Gold greater flexibility to allocate available funds toward properties and evaluation work, although it does not eliminate the need for future financing.

Negative Factors

No revenue and worsening lossesNo revenue and a widening net loss show that Austin Gold has not yet converted exploration activity into an operating income stream. Continued losses constrain internally generated capital, increase reliance on financing, and leave profitability dependent on future exploration success.

Austin Gold Corp. (AUST) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $10.24M
Dividend Yield: ―
Average Volume (3M): 76.03K
Price to Earnings (P/E): -4.2
Beta (1Y): 1.22
Revenue Growth: ―
EPS Growth: 1.50%
Country: US
Employees: 3
Sector: Basic Materials
Sector Strength: 61
Industry: Gold

Austin Gold Corp. Business Overview & Revenue Model

Company Description

Austin Gold Corp., a gold exploration enterprise founded in 2020, focuses on identifying and appraising mineral property interests primarily within Nevada. The company's headquarters are located in Vancouver, Canada. Its most significant asset is the...

How the Company Makes Money

Austin Gold Corp. is an exploration-stage mining company; detailed, recurring operating revenue streams from mineral production are not publicly indicated in the provided context. Typically, companies at this stage do not generate material revenue fr...

Austin Gold Corp. Financial Statement Overview

Summary

Austin Gold is a pre-revenue exploration company with zero revenue, persistent net losses (-$2.5M TTM) and negative operating (-$1.5M) and free cash flow (-$2.0M). Income statement (8/100) and cash flow (10/100) scores are extremely weak, while the balance sheet (42/100) is the only relative strength thanks to zero debt. However, stockholders' equity has eroded roughly 40% from its 2022 peak to $6.6M, ROE is deeply negative (-34.9%), and the company depends entirely on equity raises, creating meaningful dilution and funding risk. Modest cost discipline in 2025 (smaller loss and lower burn) provides only a slight offset.

Income Statement

8Very Negative

Balance Sheet

42Neutral

Cash Flow

10Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	-1,390	-2,779	-2,082	-354	-527	-780
EBITDA	-2.58M	-1.77M	-3.41M	-2.24M	-1.72M	―
Net Income	-2.52M	-1.62M	-3.08M	-4.00M	-1.07M	-401.11K
Balance Sheet
Total Assets	6.70M	8.39M	6.61M	9.04M	11.09M	2.59M
Cash, Cash Equivalents and Short-Term Investments	1.89M	3.14M	3.68M	7.17M	9.15M	1.09M
Total Debt	0	0	0	0	0	0
Total Liabilities	108.28K	128.82K	158.92K	509.43K	72.91K	60.77K
Stockholders Equity	6.59M	8.26M	6.45M	8.53M	11.02M	2.53M
Cash Flow
Free Cash Flow	-2.01M	-1.26M	-3.17M	-2.45M	-2.13M	-849.05K
Operating Cash Flow	-1.52M	-1.26M	-1.71M	-1.27M	-1.34M	-269.51K
Investing Cash Flow	1.24M	1.11M	1.35M	1.48M	-9.33M	-541.55K
Financing Cash Flow	238.99K	339.25K	0	0	10.32M	-23

Austin Gold Corp. Technical Analysis

Technical Analysis SentimentNegative

Last Price0.75

Price Trends

50DMA1.03Negative

100DMA1.08Negative

200DMA1.34Negative

Market Momentum

MACD-0.08Negative

RSI30.94Neutral

STOCH35.15Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AUST, the sentiment is Negative. The current price of 0.75 is below the 20-day moving average (MA) of 0.85, below the 50-day MA of 1.03, and below the 200-day MA of 1.34, indicating a bearish trend. The MACD of -0.08 indicates Negative momentum. The RSI at 30.94 is Neutral, neither overbought nor oversold. The STOCH value of 35.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AUST.

Austin Gold Corp. Risk Analysis

Austin Gold Corp. disclosed 52 risk factors in its most recent earnings report. Austin Gold Corp. reported the most risks in the "Finance & Corporate" category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

1 New Risk

1.We are or may become subject to data privacy laws, regulations, litigation and directives relating to our processing of personal information.Q4, 2023

Austin Gold Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

AUST against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
NAMM	52Neutral	$43.06M	0.24	-411.73%	―	―	―
AUST	39Underperform	$10.24M	-4.15	-34.90%	―	―	1.50%
PZG	39Underperform	$78.76M	-4.61	-48.15%	―	―	-45.80%

* Basic Materials Sector Average

Performance Comparison

AUST and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
AUST	Austin Gold Corp.	0.75	-0.90	-54.67%
USAU	U.S. Gold Corp.	10.71	-4.61	-30.09%
GORO	Goldgroup Mining Inc.	3.16	-0.36	-10.33%
PZG	Paramount Gold Nevada	0.91	-0.11	-10.78%
NAMM	Namib Minerals	0.77	-1.01	-56.69%
BGL	Blue Gold Limited	0.12	-6.53	-98.24%

Austin Gold Corp. Corporate Events

Austin Gold Files Q2 2026 Interim Results and Updates Shelf Filings

Aug 6, 2026

Austin Gold Corp., a Canadian gold exploration company, reported unaudited condensed interim consolidated financial results for the three and six months ended June 30, 2026, filed on August 5, 2026. The company’s total assets declined to about...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.

Date of analysis: Oct 16, 2026

Austin Gold Corp. AI Stock Analysis