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Minaurum Gold (MGG) AI Stock Analysis
Minaurum Gold
(TSXV:MGG)
The score is driven primarily by severe financial weakness, including no revenue, widening losses, and accelerating cash burn. Bearish technical trends and an unfavorable negative P/E provide additional downside signals, while the debt-free balance sheet and oversold momentum indicators offer only limited support.
Minaurum Gold (MGG) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 105.92M
- Dividend Yield
- ―
- Average Volume (3M)
- 329.77K
- Price to Earnings (P/E)
- -4.3
- Beta (1Y)
- 3.95
- Revenue Growth
- ―
- EPS Growth
- -175.00%
- Country
- Canada
- Employees
- 0
- Sector
- General
- Sector Strength
- 55
- Industry
- Other Precious Metals
Minaurum Gold Business Overview & Revenue Model
Company Description
Minaurum Gold Inc. is an early-stage mining firm focused on identifying, assessing, and developing mineral prospects across Mexico. Its exploratory efforts target deposits rich in precious metals like gold and silver, as well as base metals such as c...
Minaurum Gold Financial Statement Overview
Summary
No revenue, widening losses, persistent negative operating and free cash flow, and accelerating cash burn indicate severe financial weakness. The debt-free balance sheet and positive assets provide limited support, but ongoing equity erosion remains a major risk.
Income Statement
9Very NegativeBalance Sheet
42NeutralCash Flow
13Very Negative| Breakdown | TTM | Jul 2025 | Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -22.13M | -16.33M | -4.56M | -1.82M | -2.44M | -6.58M |
| Net Income | -23.33M | -17.48M | -5.72M | -3.73M | -7.69M | -6.58M |
Balance Sheet | ||||||
| Total Assets | 19.71M | 26.32M | 7.66M | 8.28M | 10.55M | 16.70M |
| Cash, Cash Equivalents and Short-Term Investments | 13.17M | 19.85M | 1.21M | 739.41K | 1.90M | 8.76M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.76M | 1.27M | 570.15K | 688.01K | 362.26K | 826.31K |
| Stockholders Equity | 17.95M | 25.05M | 7.09M | 7.59M | 10.19M | 15.87M |
Cash Flow | ||||||
| Free Cash Flow | -21.41M | -15.36M | -4.24M | -1.57M | -4.95M | -6.11M |
| Operating Cash Flow | -21.41M | -15.36M | -4.24M | -1.57M | -4.15M | -6.11M |
| Investing Cash Flow | -37.03K | -332.25K | -400.95K | -96.53K | -662.16K | -157.91K |
| Financing Cash Flow | 26.10M | 34.13M | 5.17M | 782.18K | 0 | 8.49M |
Minaurum Gold Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MGG, the sentiment is Negative. The current price of 0.22 is below the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.32, and below the 200-day MA of 0.37, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 27.55 is Positive, neither overbought nor oversold. The STOCH value of 13.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MGG.
Minaurum Gold Peers Comparison
Overall Rating
TSE:GG78Outperform
TSE:MJS63Neutral
TSE:XTG59Neutral
TSE:NCAU43Neutral- TSE:MGG38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:GG | 78Outperform | CAD 212.78M | 10.01 | 34.79% | ― | 95.04% | 247.07% |
| TSE:MJS | 63Neutral | CAD 106.60M | 7.91 | 4.37% | 7.33% | 22.69% | -20.87% |
| TSE:XTG | 59Neutral | CAD 97.74M | 17.34 | 23.88% | ― | ― | 62.95% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:NCAU | 43Neutral | CAD 85.99M | -9.45 | -10.51% | ― | ― | -108.87% |
| TSE:MGG | 38Underperform | CAD 106.04M | -4.32 | -110.09% | ― | ― | -175.00% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:MGG | Minaurum Gold | 0.20 | -0.08 | -28.57% | |
| TSE:GG | Golconda Gold Ltd | 3.27 | 1.49 | 83.71% | |
| TSE:MJS | Majestic Gold | 0.08 | -0.07 | -47.02% | |
| TSE:NCAU | Newcore Gold Ltd. | 0.28 | -0.34 | -54.03% | |
| TSE:XTG | Xtra-Gold Resource | 2.03 | -1.08 | -34.73% |
Minaurum Gold Corporate Events
Minaurum Silver Uncovers High-Grade Blind Vein at Alamos Project
PositiveMinaurum Silver has reported the discovery of a high-grade blind vein, named the Africa vein zone, at its Alamos Silver Project in Sonora, Mexico, with drilling returning up to 669 g/t silver equivalent over 2.05 metres. The vein, located in the foot...
Minaurum Silver Extends High-Grade Veins at Alamos Project in Mexico
PositiveMinaurum Silver reported new high-grade drill results from the Europa, Quintera, San Jose and Promontorio Sur vein zones at its Alamos Silver Project in Sonora, Mexico, as part of a 50,000‑metre Phase II resource‑expansion program. The la...
Minaurum Silver Advances Rehabilitation and High-Grade Exploration at Historic Promontorio Mine
PositiveMinaurum Silver has advanced underground rehabilitation at the historic Promontorio mine within its Alamos Silver Project in Sonora, Mexico, securing safe access to over 600 metres of the main haulage level and a 55‑metre internal shaft. These...
Minaurum Silver Bolsters Alamos Project Team With Key Mine Appointments
PositiveMinaurum Silver has strengthened its operational leadership at the Alamos silver project in Sonora, Mexico, by naming Fernando Robles Noriega as Operations Manager and veteran engineer Nicolas Figueroa Tapia to its Advisory Board. Both bring extensiv...
Minaurum Silver Expands High-Grade Zones at Alamos Project in Mexico
PositiveMinaurum Silver reported strong Phase II drill results from the Quintera and Europa Sur vein zones at its Alamos Silver Project in Sonora, Mexico, underscoring the potential for significant resource expansion. Key intercepts include 26.30 m grading 3...
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 23, 2026