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FireFox Gold Corp. (TSE:FFOX)
:FFOX

FireFox Gold Corp. (FFOX) AI Stock Analysis

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FireFox Gold Corp.

(OTC:FFOX)

Rating:39Underperform
Price Target:
FireFox Gold Corp.'s financial performance is significantly hindered by zero revenue and ongoing operational losses, which are major concerns. The technical analysis indicates weak market momentum and bearish trends, while the lack of earnings results in a negative P/E ratio and no dividend yield, making the stock less attractive from a valuation standpoint. The strong equity position with no debt provides some financial stability, but the overall outlook is challenging without revenue generation.

FireFox Gold Corp. (FFOX) vs. iShares MSCI Canada ETF (EWC)

FireFox Gold Corp. Business Overview & Revenue Model

Company DescriptionFireFox Gold Corp. (FFOX) is a mineral exploration company focused on discovering and developing gold deposits in Finland. The company operates in the mining sector, with a specific emphasis on gold exploration. FireFox Gold leverages its extensive geological expertise and strategic land positions to identify promising exploration targets in one of the world's top mining jurisdictions.
How the Company Makes MoneyFireFox Gold Corp. makes money primarily through the exploration and potential development of gold deposits. The company invests in identifying and acquiring mineral rights in promising geological areas, conducting exploration activities to assess the potential for economically viable gold deposits. If exploration efforts are successful, FireFox Gold can generate revenue by entering into joint ventures or selling its interests in mineral properties to larger mining companies. Additionally, the company can raise funds through equity financing to support its exploration activities. Significant partnerships with other mining companies or investors can also contribute to its financial resources, although specifics on these partnerships are not available.

FireFox Gold Corp. Financial Statement Overview

Summary
FireFox Gold Corp. faces significant challenges with zero revenue and substantial operating losses, indicating financial instability. The strong equity position with no debt provides some cushion, but the reliance on financing for cash needs poses risks. The company needs to focus on generating revenue to improve its financial health.
Income Statement
15
Very Negative
FireFox Gold Corp. has consistently reported zero revenue over multiple periods, indicating a lack of operational income. The company exhibits substantial negative EBIT and net income, reflecting ongoing expenses without offsetting revenue. The absence of revenue growth and high operating losses are significant weaknesses.
Balance Sheet
60
Neutral
The balance sheet shows a positive equity position with no debt, resulting in a favorable debt-to-equity ratio of zero. The stockholders' equity exceeds liabilities, which is a positive sign. However, the consistent net losses impact the return on equity negatively.
Cash Flow
40
Negative
The company has negative operating and free cash flows, indicating cash outflows from operations. While financing activities provide cash inflows, the reliance on external financing for cash needs can be a risk factor. The operating cash flow to net income ratio reflects challenges in translating accounting income into cash.
BreakdownTTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-19.96K-25.25K-32.77K-38.53K0.000.00
EBITDA-2.04M-2.88M-3.40M-4.97M-2.78M-2.22M
Net Income-2.12M-3.14M-3.58M-5.29M-2.79M-2.22M
Balance Sheet
Total Assets2.12M2.57M2.23M3.06M3.16M1.17M
Cash, Cash Equivalents and Short-Term Investments409.74K1.03M713.75K1.58M2.04M240.02K
Total Debt0.000.000.000.000.000.00
Total Liabilities356.80K430.10K262.96K916.44K162.45K193.29K
Stockholders Equity1.76M2.14M1.96M2.14M3.00M975.47K
Cash Flow
Free Cash Flow-1.98M-2.57M-4.11M-4.26M-2.52M-1.96M
Operating Cash Flow-1.98M-2.57M-4.04M-4.01M-2.41M-1.85M
Investing Cash Flow-1.03K0.00-69.67K-254.12K-110.00K-110.00K
Financing Cash Flow1.36M2.89M3.25M3.80M4.32M1.28M

FireFox Gold Corp. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.04
Price Trends
50DMA
0.04
Negative
100DMA
0.04
Positive
200DMA
0.04
Positive
Market Momentum
MACD
<0.01
Positive
RSI
46.33
Neutral
STOCH
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FFOX, the sentiment is Neutral. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 46.33 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:FFOX.

FireFox Gold Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSNAU
48
Neutral
C$38.93M-14.95%-6.02%
TSVZZ
44
Neutral
C$5.54M-8.47%22.12%-466.04%
44
Neutral
C$966.48M-6.68-13.31%2.77%17.60%-31.88%
39
Underperform
C$8.13M-130.13%54.90%
TSSKP
34
Underperform
C$4.78M-277.11%-6.57%
TSADZ
34
Underperform
C$1.93M-47.13%-86.96%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:FFOX
FireFox Gold Corp.
0.04
-0.01
-20.00%
TSE:SKP
Strikepoint Gold
0.12
-0.23
-65.71%
TSE:NAU
Nevgold Corp
0.34
>-0.01
-2.86%
TSE:ADZ
Adamera Minerals
0.06
-0.09
-60.00%
TSE:VZZ
Val-d'Or Mining Corporation
0.06
0.00
0.00%

FireFox Gold Corp. Corporate Events

FireFox Expands Mustajärvi Project with New Gold Targets in Finland
Jan 16, 2025

FireFox Gold Corp. has announced the advancement of two new targets at its Mustajärvi Gold Project in Finland, namely the Triangle and Pikkulehto targets. The Triangle Target has shown promising trenching results with gold mineralization, while the Pikkulehto target, located four kilometers east of the main project, is set for base-of-till sampling due to minimal outcrop visibility. These developments expand the potential of the Mustajärvi project, adding several kilometers of undrilled structures to explore, which could significantly enhance the company’s gold resource base and industry positioning.

FireFox Gold Reports Promising Jeesiö Project Results
Dec 11, 2024

FireFox Gold Corp has reported encouraging results from its Jeesiö Project in Lapland, Finland, highlighting a new gold-rich zone at the Saittavaara prospect and significant gold mineralization at the KJ Hill prospect. The exploration program, which included trenching and rock sampling, revealed high-grade gold values, expanding the project’s potential. These findings position the Jeesiö Project as a key priority for FireFox Gold’s exploration efforts.

FireFox Gold Finds High-Grade Gold in Finland
Nov 21, 2024

FireFox Gold Corp. has announced significant high-grade gold discoveries at their Mustajärvi Gold Project in Finland, with new trenching revealing gold close to the surface. The East Target now shows a promising 70-meter corridor with substantial gold potential, enhancing the project’s appeal to investors. The company continues to explore additional prospects and conduct further geophysical studies to expand their findings.

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: Jan 14, 2025