Mongoose Mining Ltd. (MNG) AI Stock Analysis

• Market Cap: C$1.01M
• Dividend Yield: N/A
• Average Volume (3M): 21.05K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.25
• Revenue Growth: N/A
• EPS Growth: 35.71%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 28,860,794
• 10 Day Avg. Volume: 41,880
• 30 Day Avg. Volume: 21,051
• PEG Ratio: -1.36
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -33.36
• 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

Mongoose Mining Ltd.'s overall stock score is significantly impacted by its financial instability, primarily due to a lack of revenue and negative cash flow trends. While it has a positive balance sheet without debt, these strengths are overshadowed by operational challenges. Technical indicators suggest potential short-term oversold conditions, but the negative valuation metrics raise concerns about the stock's attractiveness.

Mongoose Mining Ltd. Business Overview & Revenue Model

Company Description

Mongoose Mining Ltd. (MNG) is a mining company engaged in the exploration, development, and production of mineral resources. The company primarily focuses on extracting precious and base metals such as gold, copper, and nickel. MNG operates in various regions known for rich mineral deposits, employing advanced mining technologies and sustainable practices to ensure efficient resource extraction.

How the Company Makes Money

Mongoose Mining Ltd. generates revenue through the sale of extracted minerals. The company mines ores containing precious and base metals, processes them into refined products, and sells these commodities in international markets. Key revenue streams include the sale of gold, copper, and nickel, which are traded based on global market prices. MNG may also enter into strategic partnerships and long-term contracts with smelting and refining companies to ensure consistent demand and pricing for its products. Additionally, the company might benefit from joint ventures or collaborations with other mining firms to expand its operational capabilities and resource base.

Mongoose Mining Ltd. Financial Statement Overview

Summary

Mongoose Mining Ltd. faces substantial financial challenges due to its inability to generate revenue, with a score of 10 for the income statement, 55 for the balance sheet, and 20 for cash flow. While debt-free, negative cash flows and declining assets are serious concerns.

Income Statement

Mongoose Mining Ltd. shows no revenue generation over the analyzed periods, resulting in consistent negative net income and EBIT. This absence of revenue and profitability is a significant concern, highlighting a lack of operational revenue streams.

Balance Sheet

The company has no debt, which is a positive aspect, and it maintains a strong equity position relative to its assets, with an equity ratio of roughly 78% in the latest TTM. However, the declining trend in total assets and equity over recent years suggests potential challenges in maintaining growth or operational efficiency.

Cash Flow

Negative trends in cash flow are evident, with significant negative free cash flow in the latest period. The operating cash flow is also negative, and free cash flow growth is unfavorable, highlighting cash management issues and potential liquidity risks.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-66.13K	-125.44K	-324.07K	-1.17M	-64.34K	-203.62K
	EBITDA
-41.53K	-25.48K	113.86K	-740.14K	0.00	-203.62K
	Net Income Common Stockholders
-80.00K	-150.92K	-30.75K	-1.10M	-64.34K	-203.62K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
65.78K	61.84K	85.21K	1.13M	331.51K	380.92K
	Total Assets
1.54M	1.56M	1.61M	1.79M	383.84K	432.21K
	Total Debt
0.00	0.00	0.00	0.00	―	0.00
	Net Debt
-65.78K	-61.84K	-85.21K	-1.13M	―	-380.92K
	Total Liabilities
246.82K	333.38K	272.80K	389.13K	23.83K	15.37K
	Stockholders Equity
1.30M	1.22M	1.34M	1.40M	360.01K	416.85K
Cash Flow		Free Cash Flow
-13.25K	19.06K	-1.07M	-586.02K	―	-145.54K
	Operating Cash Flow
-10.09K	19.06K	-254.32K	-260.19K	-51.91K	-111.16K
	Investing Cash Flow
-3.88K	-42.42K	-789.27K	445.60K	-29.21K	-34.38K
	Financing Cash Flow
0.00	0.00	0.00	940.43K	2.50K	526.46K

Mongoose Mining Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MNG, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 70.74 is Negative, neither overbought nor oversold. The STOCH value of 161.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MNG.

Mongoose Mining Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	50 Neutral	$1.98B	-1.12	-21.33%	3.61%	1.68%	-30.56%
FL	42 Neutral	C$125.41M	―	-82.26%	―	―	25.32%
CRE	41 Neutral	$83.87M	8.17	13.24%	―	―	―
LCE	40 Underperform	C$68.77M	―	-4.74%	―	―	30.08%
GEMC	38 Underperform	C$2.70M	―	-16.29%	―	―	88.48%
NILI	36 Underperform	C$42.08M	―	-69.93%	―	―	6.96%
MNG	35 Underperform	C$1.01M	―	-16.01%	―	―	35.71%