Angus Gold (GUS) AI Stock Analysis

• Market Cap: $46.45M
• Dividend Yield: N/A
• Average Volume (3M): 461.45K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.82
• Revenue Growth: N/A
• EPS Growth: 34.30%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Gold
• EPS (TTM): -0.09
• Shares Outstanding: 60,331,050
• 10 Day Avg. Volume: 85,170
• 30 Day Avg. Volume: 461,453
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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

Angus Gold faces significant financial challenges with no current revenue and operational losses, balanced by a strong equity position and no debt. The company's technical indicators and valuation metrics are neutral to slightly weak. However, promising exploration results and a strategic drilling initiative offer potential growth opportunities. Overall, the stock is moderately challenged but shows some positive future prospects.

Angus Gold Business Overview & Revenue Model

Company Description

Angus Gold Inc., a gold exploration company, focuses on the acquisition, exploration, and development of mineral properties. Its flagship project is the Golden Sky project comprises 267 square kilometers located in the Mishibishu Lake Greenstone Belt in Ontario, Canada. The company was formerly known as Angus Ventures Inc. and changed its name to Angus Gold Inc. in September 2020. Angus Gold Inc. was incorporated in 2010 and is headquartered in Toronto, Canada.

How the Company Makes Money

Angus Gold generates revenue primarily through the sale of gold extracted from its mining operations. The company's key revenue streams include the sale of raw gold to refineries and manufacturers, as well as direct sales to investors seeking gold as a financial asset. Partnerships with local governments and international distributors play a significant role in ensuring market access and distribution efficiency. Additionally, the company may engage in hedging activities to manage price volatility in the gold market, contributing to financial stability and predictable earnings.

Angus Gold Financial Statement Overview

Summary

Angus Gold's financial performance is challenged by ongoing operational losses and a lack of revenue generation. The company shows strong equity with no debt, but relies heavily on external financing due to negative free cash flow, posing sustainability concerns.

Income Statement

Angus Gold's income statement highlights a challenging financial position with no revenue generation over multiple periods. The company has consistently reported negative gross profit, EBIT, EBITDA, and net income, indicating ongoing operational inefficiencies and lack of profitability. The absence of revenue and increasing losses are significant concerns impacting the financial health of the company.

Balance Sheet

The balance sheet shows a relatively strong equity position with no debt, which is a positive sign of financial stability. However, the company’s assets are primarily composed of cash and equivalents, with limited tangible assets supporting operations. The consistent net cash position and increasing stockholders' equity over the years reflect prudent management of financial resources but also highlight a lack of investment in growth-generating assets.

Cash Flow

The cash flow statements reveal substantial negative free cash flow, driven by ongoing operating losses. While financing activities have provided necessary liquidity, the reliance on external funding raises sustainability concerns. The operating cash flow consistently trails net income, indicating poor cash generation from core activities, which is a critical risk factor for future operations.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-6.47K	-6.75K	-6.75K	-2.53K	0.00
	EBIT
-6.37M	-7.70M	-4.39M	-4.44M	-301.73K
	EBITDA
-4.93M	-6.73M	-3.96M	-4.43M	-22.40K
	Net Income Common Stockholders
-4.93M	-6.74M	-3.97M	-4.44M	-283.46K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.48M	2.15M	1.47M	2.09M	1.31M
	Total Assets
3.63M	2.39M	1.82M	2.14M	1.33M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-3.48M	-2.15M	-1.47M	-2.09M	-1.31M
	Total Liabilities
1.04M	806.96K	561.27K	74.94K	53.48K
	Stockholders Equity
2.59M	1.58M	1.26M	2.07M	1.28M
Cash Flow		Free Cash Flow
-5.06M	-5.15M	-3.91M	-1.87M	-285.17K
	Operating Cash Flow
-5.06M	-5.15M	-3.91M	-1.84M	-285.17K
	Investing Cash Flow
0.00	0.00	0.00	-22.50K	0.00
	Financing Cash Flow
6.39M	5.83M	3.29M	2.64M	0.00

Angus Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.77
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GUS, the sentiment is Positive. The current price of 0.77 is above the 20-day moving average (MA) of 0.76, above the 50-day MA of 0.59, and above the 200-day MA of 0.51, indicating a bullish trend. The MACD of 0.05 indicates Positive momentum. The RSI at 70.30 is Negative, neither overbought nor oversold. The STOCH value of 88.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GUS.

Angus Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	80 Outperform	C$3.22B	20.79	26.82%	―	77.93%	236.93%
WDO	78 Outperform	C$2.67B	19.71	27.15%	―	67.54%	―
EDV	74 Outperform	C$10.01B	―	-3.12%	3.35%	59.60%	-74.74%
Sector *	49 Neutral	$1.96B	-1.23	-21.20%	3.72%	0.95%	-28.96%
GUS	44 Neutral	$46.45M	―	-110.94%	―	―	34.30%

Angus Gold Corporate Events

Angus Gold Launches 2025 Drilling Campaign at Golden Sky Project

Angus Gold Inc. has commenced its 2025 drilling program at the Golden Sky Project in Wawa, Ontario, focusing on expanding and delineating gold mineralization in the Dorset and BIF Zones. With a fully funded exploration budget of over C$6.5 million, the company aims to prioritize the Dorset Gold Zone, which has shown promising results in past drills, and advance other discoveries within the project. This strategic move underlines Angus Gold’s commitment to accelerating exploration and potentially expanding its resource base, enhancing its position in the mineral exploration industry.

Angus Gold Reports Promising Drilling Results

Angus Gold has reported encouraging results from its infill drilling at the BIF Gold Zone, confirming a thick and continuous mineralization system at its Golden Sky Project in Wawa, Ontario. The drilling extended the strike length to 1,050 metres, with notable gold intersections. The company achieved its exploration goals for 2024 and plans an aggressive 2025 program targeting high-grade discoveries.

Angus Gold Finds Promising New Gold Zone

Angus Gold has reported promising results from its recent drilling at the Dorset West extension of the Golden Sky Project, highlighting a new high-grade gold zone. The summer drilling program revealed significant gold mineralization, with plans for further exploration and a fully funded budget for 2025.

Angus Gold Launches New Drilling at Golden Sky

Angus Gold has started its fall drilling program at the Golden Sky Project in Ontario, targeting a new high-grade gold zone at the Dorset Gold Zone. The company is well-funded for 2025, with a strong treasury and plans to continue expanding its exploration efforts. This initiative follows a successful 2024 drill program, underscoring Angus Gold’s commitment to advancing its gold exploration projects.