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BrightRock Gold Corp (BRGC)
OTHER OTC:BRGC
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BrightRock Gold
(OTC:BRGC)
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Rating:28Underperform
Price Target:―
BrightRock Gold's overall score is primarily weighed down by severe financial instability, including lack of revenue and negative equity. The technical analysis shows some short-term potential, but the long-term trend remains negative. Valuation metrics suggest significant challenges in assessing the company's worth, leading to a low overall score.
BrightRock Gold (BRGC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$68.16M
Dividend YieldN/A
Average Volume (3M)167.30K
Price to Earnings (P/E)―
Beta (1Y)-0.32
Revenue GrowthN/A
EPS Growth92.59%
CountryUS
Employees2
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)0.00
Shares Outstanding340,820,200
10 Day Avg. Volume177,710
30 Day Avg. Volume167,301
Financial Highlights & Ratios
PEG Ratio-62.48
Price to Book (P/B)-716.23
Price to Sales (P/S)0.00
P/FCF Ratio-459.08K
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
BrightRock Gold Business Overview & Revenue Model
Company DescriptionBrightRock Gold Corp. operates as a lithium exploration company. It holds a 100% ownership and interest in the Midnight Owl Mine with an adjoining 1400 acres and 69 lode claims located to the east of Wickenburg, Arizona. The company was formerly known as Ghana Gold Corporation and changed its name to BrightRock Gold Corp. in November 2013. BrightRock Gold Corp. is based in Gurnee, Illinois.
How the Company Makes MoneyBrightRock Gold (BRGC) generates revenue primarily through the sale of gold extracted from its mining operations. The company engages in exploration and mining activities to discover and develop gold reserves, which are then mined and processed into refined gold products. These products are sold to various customers, including gold dealers, jewelry manufacturers, and other industrial users. In addition to direct sales, BRGC may enter into strategic partnerships or joint ventures to share resources and expertise, further enhancing its revenue potential. The company's earnings are influenced by factors such as gold market prices, production volume, and operational efficiency.
BrightRock Gold Financial Statement Overview
Summary
BrightRock Gold is facing significant financial distress across all key financial statements. The lack of revenue, negative equity, and ongoing cash flow issues highlight severe operational and financial challenges. The company's financial trajectory appears highly unstable, with no clear path to profitability or financial health.Income Statement
BrightRock Gold has consistently reported zero revenue over the past five years, indicating a lack of business operations or sales activity. The EBIT and Net Income figures are largely negative or null, signaling significant profitability challenges. The EBITDA margin for the latest year is negative, showing operational inefficiencies. Overall, the income statement reflects serious financial difficulties with no visible growth trajectory.10
Very Negative
Balance Sheet
The company's balance sheet shows a negative stockholders' equity in the latest year, indicating insolvency risk. The debt-to-equity ratio cannot be calculated due to negative equity, suggesting high financial leverage. The declining equity over recent years highlights increasing liabilities and weakening financial stability. Overall, the balance sheet reveals a precarious financial position, raising concerns about sustainability.5
Very Negative
Cash Flow
BrightRock Gold's cash flow statements are incomplete, with many metrics unavailable for analysis. The consistent negative free cash flow and operating cash flow over the years suggest cash burn and operational inefficiencies. Lack of positive cash flow generation is a significant risk factor. Overall, the company's cash flow situation is concerning, with no signs of improvement in cash generation capabilities.5
Very Negative
| 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 | 478.52K | -56.30K | -56.30K | -56.30K |
| EBITDA | -67.56K | -1.77M | -110.47K | -7.00K | 0.00 | 0.00 |
| Net Income | -1.80M | -1.80K | -122.24K | -73.70K | -66.70K | -66.70K |
Balance Sheet | ||||||
| Total Assets | 448.60K | 448.60K | 337.20K | 318.04K | 374.34K | 430.63K |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Debt | 546.50K | 533.42K | 202.51K | 137.55K | 130.55K | 130.55K |
| Total Liabilities | 684.41K | 660.70K | 307.37K | 238.95K | 221.55K | 211.15K |
| Stockholders Equity | -235.81K | -212.10K | 29.83K | 79.09K | 152.79K | 219.49K |
Cash Flow | ||||||
| Free Cash Flow | -245.95K | -330.00 | -55.41K | ― | -122.99K | -122.99K |
| Operating Cash Flow | -197.12K | -219.00 | -18.21K | ― | -122.99K | -122.99K |
| Investing Cash Flow | -111.39K | -111.00 | -37.20K | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 290.29K | ― | 55.41K | ― | 0.00 | 0.00 |
BrightRock Gold Technical Analysis
Neutral
0.18
Price Trends
0.21
Negative
0.16
Positive
0.12
Positive
Market Momentum
>-0.01
Positive
41.39
Neutral
20.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BRGC, the sentiment is Neutral. The current price of 0.18 is below the 20-day moving average (MA) of 0.23, below the 50-day MA of 0.21, and above the 200-day MA of 0.12, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.39 is Neutral, neither overbought nor oversold. The STOCH value of 20.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BRGC.
BrightRock Gold Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | $9.65M | 0.62 | 1.32% | ― | -15.44% | -94.04% | |
61 Neutral | $1.06B | ― | -2.79% | ― | -9.48% | -114.76% | |
52 Neutral | $108.16M | -1.87 | -103.39% | ― | -39.10% | 9.45% | |
33 Underperform | $168.68M | ― | -123.53% | ― | ― | 4.73% | |
28 Underperform | $68.16M | ― | ― | ― | ― | 92.59% |
* Basic Materials Sector Average
BRGC
BrightRock Gold
0.18
0.08
80.00%
USAU
US Gold
16.71
10.63
174.84%
GORO
Gold Resource
0.79
0.63
393.75%
MUX
McEwen Mining
19.60
9.30
90.29%
BON
Bon Natural Life
1.92
-34.83
-94.78%
USGO
U.S. GoldMining Inc.
13.30
3.25
32.34%
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.