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K2 Gold (KTO) AI Stock Analysis
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K2 Gold
(TSXV:KTO)
The score is held back primarily by weak financial performance (no revenue, widening losses, and heavy cash burn) despite low leverage. Technicals provide a modest offset with the price trading above major moving averages, though negative MACD limits conviction. Valuation remains challenged due to negative earnings and no dividend support.
K2 Gold (KTO) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 162.30M
- Dividend Yield
- ―
- Average Volume (3M)
- 246.89K
- Price to Earnings (P/E)
- -15.0
- Beta (1Y)
- 2.12
- Revenue Growth
- ―
- EPS Growth
- -489.74%
- Country
- Canada
- Employees
- 0
- Sector
- General
- Sector Strength
- 55
- Industry
- Gold
K2 Gold Business Overview & Revenue Model
Company Description
K2 Gold Corporation operates as an emerging mineral exploration firm, focusing on the acquisition, investigation, and assessment of prospective gold sites across Canada and the United States. Its premier asset is the Mojave Gold project, an approxima...
K2 Gold Financial Statement Overview
Summary
Financial profile is weak: the company is pre-revenue with materially widening losses (TTM net loss ~-$9.6M) and significant ongoing cash burn (TTM operating cash flow ~-$8.5M; free cash flow ~-$8.7M). The main offset is a conservatively levered balance sheet (very low debt ~ $94K and sizable equity ~ $40.0M), which reduces near-term solvency risk but does not address the core funding/burn challenge.
Income Statement
12Very NegativeBalance Sheet
58NeutralCash Flow
18Very Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -12.48K | 0 | 0 | -13.52K | -5,015 | 0 |
| EBITDA | -10.13M | -4.90M | 1.66M | 0 | -1.06M | -1.61M |
| Net Income | -9.59M | -4.84M | -800.90K | -1.08M | -1.24M | -1.82M |
Balance Sheet | ||||||
| Total Assets | 41.42M | 18.42M | 18.46M | 16.77M | 13.03M | 14.12M |
| Cash, Cash Equivalents and Short-Term Investments | 31.09M | 10.85M | 132.79K | 195.16K | 313.22K | 2.85M |
| Total Debt | 93.63K | 0 | 0 | 40.00K | 40.00K | 40.00K |
| Total Liabilities | 1.38M | 377.22K | 110.44K | 297.82K | 216.53K | 378.35K |
| Stockholders Equity | 40.04M | 18.05M | 18.35M | 16.47M | 12.81M | 13.74M |
Cash Flow | ||||||
| Free Cash Flow | -8.67M | -3.73M | -883.52K | -1.06M | -2.58M | -4.55M |
| Operating Cash Flow | -8.51M | -3.73M | -883.52K | -1.06M | -951.54K | -1.26M |
| Investing Cash Flow | -604.34K | -1.65M | -1.75M | -3.80M | -1.59M | -3.30M |
| Financing Cash Flow | 39.68M | 16.10M | 2.57M | 4.75M | 0 | 0 |
K2 Gold Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:KTO, the sentiment is Negative. The current price of 0.67 is below the 20-day moving average (MA) of 0.75, below the 50-day MA of 0.82, and below the 200-day MA of 0.77, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 39.10 is Neutral, neither overbought nor oversold. The STOCH value of 16.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:KTO.
K2 Gold Peers Comparison
Overall Rating
TSE:OGN79.3Outperform
TSE:GG78Outperform
TSE:XTG74Outperform- TSE:KTO48Neutral
TSE:GHRT44Neutral
TSE:WVM38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:OGN | 79Outperform | CAD 221.42M | 16.92 | 29.83% | ― | 58.33% | ― |
| TSE:GG | 78Outperform | CAD 212.78M | 10.01 | 34.79% | ― | 95.04% | 247.07% |
| TSE:XTG | 74Outperform | CAD 97.74M | 17.30 | 23.88% | ― | ― | 62.95% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:KTO | 48Neutral | CAD 162.30M | -14.99 | -29.15% | ― | ― | -489.74% |
| TSE:GHRT | 44Neutral | CAD 111.51M | -4.15 | -46.33% | ― | ― | -42.18% |
| TSE:WVM | 38Underperform | CAD 78.40M | -22.85 | -8.73% | ― | ― | -66.29% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:KTO | K2 Gold Corporation | 0.67 | 0.28 | 71.79% | |
| TSE:OGN | Orogen Royalties Inc. | 3.73 | 1.53 | 69.55% | |
| TSE:GG | Golconda Gold Ltd | 2.98 | 1.15 | 62.84% | |
| TSE:WVM | West Kirkland Mining | 1.35 | -0.34 | -20.12% | |
| TSE:XTG | Xtra-Gold Resource | 2.11 | -1.21 | -36.45% | |
| TSE:GHRT | Greenheart Gold Inc. | 0.52 | -0.83 | -61.48% |
K2 Gold Corporate Events
K2 Gold Extends High-Grade Dragonfly Trend and Uncovers New Gold-Copper Zones at Mojave
PositiveK2 Gold reported results from 346 rock samples collected during its 2026 surface exploration program at the Mojave project in California, expanding its understanding of multiple targets including Dragonfly, Flores, Soda Ridge and Stega. The work is p...
K2 Gold Extends High-Grade Oxide Gold Zone at Mojave’s Dragonfly Target
PositiveK2 Gold reported new drilling results from the Dragonfly Zone at its wholly owned Mojave Project, confirming multiple stacked, west-dipping gold-bearing structures with significant high-grade oxide intervals. The latest four holes from pad DF-G, loca...
K2 Gold Finds Highly Soluble Oxide Gold at Mojave’s Dragonfly Zone
PositiveK2 Gold reported strong initial gold-solubility results from the Dragonfly zone at its Mojave Project in California, with 211 mineralized samples from seven 2026 drill holes returning an aggregate AuCN/AuFA ratio of 97.1 percent. These results, suppo...
K2 Gold Extends High-Grade Oxide Gold at Mojave’s Dragonfly Zone
PositiveK2 Gold has reported new drilling results from four holes at the Dragonfly Zone on its Mojave Project, confirming multiple stacked, west-dipping high-grade oxide gold structures. The latest intercepts include 27.43m grading 4.08 g/t gold and 3.05m gr...
K2 Gold Extends High-Grade Oxide Gold Mineralization at Mojave’s Dragonfly Zone
PositiveK2 Gold has reported strong initial drilling results from the Dragonfly Zone at its Mojave Project, highlighting high-grade oxide gold intercepts from the first three holes of a fully permitted and funded 14,000 metre program. The new holes, drilled...
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 21, 2026