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Alerio Gold Corp (TSE:LGHT)
:LGHT
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Alerio Gold Corp (LGHT) AI Stock Analysis

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TSE:LGHT

Alerio Gold Corp

(LGHT)

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Neutral 43 (OpenAI - Gpt-5.6Sol)
Rating:43Neutral
Price Target:
C$0.17
Action:Reiterated
Date:08/04/26
The score is primarily held down by very weak financial performance (no revenue, persistent losses and cash burn, and negative equity). Technicals are more neutral-to-slightly constructive on longer-term moving averages but do not outweigh the fundamental risk. Valuation remains unattractive due to ongoing losses (negative P/E) and no dividend support.
Positive Factors
Reduced Net Loss
The materially smaller TTM loss indicates some improvement from the exceptional 2024 result, reducing the immediate scale of earnings deterioration. However, this is not yet a durable turnaround because revenue remains absent and operating results are still negative.
Negative Factors
No Revenue
A sustained absence of revenue shows that the company has not yet established a sales-generating operating model. Without recurring top-line income, future funding depends on developing the business successfully and obtaining external capital, making durable profitability and self-funded growth uncertain.
Read all positive and negative factors
Positive Factors
Negative Factors
Reduced Net Loss
The materially smaller TTM loss indicates some improvement from the exceptional 2024 result, reducing the immediate scale of earnings deterioration. However, this is not yet a durable turnaround because revenue remains absent and operating results are still negative.
Read all positive factors

Alerio Gold Corp (LGHT) vs. iShares MSCI Canada ETF (EWC)

Alerio Gold Corp Business Overview & Revenue Model

Company Description
Lighthouse Gold Inc. is an enterprise focused on securing, investigating, and advancing mineral resource sites located in Guyana. The company's main efforts are directed towards uncovering gold deposits. It holds ownership stakes in several Guyane...

Alerio Gold Corp Financial Statement Overview

Summary
Financials indicate a very high-risk, pre-revenue profile: revenue is consistently zero, losses and negative EBIT/EBITDA persist, and operating/free cash flow remain negative (ongoing cash burn). The balance sheet is pressured by negative shareholders’ equity, limiting financial flexibility despite modest absolute debt.
Income Statement
8
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
12
Very Negative
BreakdownTTMNov 2025Nov 2024Feb 2024Nov 2022Nov 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit0.000.000.000.000.000.00
EBITDA-893.75K-350.78K-210.68K-14.49K-1.04M-1.12M
Net Income-845.41K-398.59K-16.46M-923.13K-1.22M-1.12M
Balance Sheet
Total Assets823.81K222.77K3.08K16.23M16.11M1.20M
Cash, Cash Equivalents and Short-Term Investments478.52K212.22K3.08K17.006.50K1.20M
Total Debt160.29K145.88K377.70K240.00K0.000.00
Total Liabilities923.79K1.02M1.31M1.07M173.24K110.15K
Stockholders Equity-99.97K-795.15K-1.31M15.16M15.94M1.09M
Cash Flow
Free Cash Flow-561.64K-201.14K-134.63K-206.49K-2.03M-770.28K
Operating Cash Flow-561.63K-201.14K-134.63K-206.49K-1.07M-770.28K
Investing Cash Flow-143.37K0.000.000.00-959.09K0.00
Financing Cash Flow1.16M410.28K137.70K200.00K834.63K1.37M

Alerio Gold Corp Technical Analysis

Technical Analysis Sentiment
Positive
Last Price
Price Trends
50DMA
0.20
Positive
100DMA
0.18
Positive
200DMA
0.14
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
55.34
Neutral
STOCH
57.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LGHT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 0.19, equal to the 50-day MA of 0.20, and equal to the 200-day MA of 0.14, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.34 is Neutral, neither overbought nor oversold. The STOCH value of 57.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LGHT.

Alerio Gold Corp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
51
Neutral
C$35.28M-19.63-783.73%-111.50%
51
Neutral
C$50.49M-16.59-76.49%37.82%
50
Neutral
C$8.88M-4.01-147.06%-1857.14%
47
Neutral
C$25.94M-30.95-695.05%
43
Neutral
C$36.43M-35.85182.98%96.61%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:LGHT
Alerio Gold Corp
0.19
0.14
245.45%
TSE:BVA
Bravada Gold
1.18
0.86
268.75%
TSE:CXC
CMX Gold & Silver
0.33
0.23
225.00%
TSE:DAU
Desert Gold Ventures
0.14
0.06
80.00%
TSE:NEV
Nevada Sunrise Gold
0.06
0.03
139.13%
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: Aug 04, 2026