Mongoose Mining Ltd. (MNG) AI Stock Analysis

Mongoose Mining Ltd.

(CNQX:MNG)

Select Model

Rating:43Neutral

Price Target:CAD 0.03▲(36.00% Upside)

Action:reiterated

Date:09/12/26

The overall score is low primarily because of very weak financial fundamentals: no revenue, recurring losses, negative cash flow, and a deteriorated balance sheet with negative equity and limited assets, all of which create significant funding and solvency risk. Secondary factors modestly influence the score, with technical indicators pointing to a soft but not extreme downtrend and valuation metrics reflecting a loss-making, non-dividend-paying profile that offers little support beyond speculative upside.

Positive Factors

Defined exploration-led business modelAn exploration-led model gives the company a defined route to create value by identifying and advancing mineral properties before production. This focus aligns resources with the gold sector and preserves potential project upside if geological work and development progress, although current operations are pre-revenue.

Negative Factors

No revenue and recurring lossesThe absence of revenue across the available periods confirms that the company has not yet reached a producing or commercially self-sustaining stage. Persistent net losses and negative operating results reduce earnings visibility and leave future value dependent on successful exploration and project advancement.

Mongoose Mining Ltd. (MNG) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 875.68K
Dividend Yield: ―
Average Volume (3M): 68.96K
Price to Earnings (P/E): -4.5
Beta (1Y): 0.61
Revenue Growth: ―
EPS Growth: -154.17%
Country: Canada
Employees: 0
Sector: Basic Materials
Sector Strength: 61
Industry: Gold

Mongoose Mining Ltd. Business Overview & Revenue Model

Company Description

Mongoose Mining Ltd. is a Canadian firm that specializes in the geological surveying and acquisition of mineral properties across the country. The company actively prospects for valuable resources, including gold, cobalt, and copper, as well as disti...

Mongoose Mining Ltd. Financial Statement Overview

Summary

Financials are extremely weak: the company is still pre-revenue, generates persistent losses and negative operating cash flow, and has moved into a material equity deficit with a very small asset base and reliance on external funding.

Income Statement

8Very Negative

Balance Sheet

5Very Negative

Cash Flow

12Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	0	0	0	0	0	0
EBITDA	-181.54K	-198.36K	―	16.87K	114.27K	-740.14K
Net Income	-198.61K	-198.61K	―	-193.00K	-177.00K	-1.10M
Balance Sheet
Total Assets	83.09K	83.09K	14.86K	1.56M	1.61M	1.79M
Cash, Cash Equivalents and Short-Term Investments	43.17K	43.17K	1,716	61.84K	85.21K	1.13M
Total Debt	83.85K	83.85K	0	0	0	0
Total Liabilities	473.79K	473.79K	336.95K	333.38K	272.80K	389.13K
Stockholders Equity	-390.70K	-390.70K	-322.09K	1.22M	1.34M	1.40M
Cash Flow
Free Cash Flow	-155.04K	-155.04K	-60.13K	-23.37K	-254.32K	-260.19K
Operating Cash Flow	-155.04K	-155.04K	-60.13K	-23.37K	-254.32K	-260.19K
Investing Cash Flow	0	0	0	-42.42K	-789.27K	445.60K
Financing Cash Flow	196.50K	196.50K	0	0	0	940.43K

Mongoose Mining Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price0.03

Price Trends

50DMA0.04Negative

100DMA0.04Negative

200DMA0.06Negative

Market Momentum

MACD-0.00Positive

RSI33.86Neutral

STOCH33.33Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MNG, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 33.86 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MNG.

Mongoose Mining Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

TSE:MNG against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
TSE:OPHR	48Neutral	CAD 3.00M	-4.17	-18.89%	―	―	68.44%
TSE:ELEM	43Neutral	CAD 3.11M	-6.82	-24.73%	―	―	98.55%
TSE:MNG	43Neutral	CAD 875.68K	-4.54	47.92%	―	―	-154.17%
TSE:NXS	39Underperform	CAD 3.00M	-0.23	3359.69%	―	―	-892.33%

* Basic Materials Sector Average

Performance Comparison

TSE:MNG and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:MNG	Mongoose Mining Ltd.	0.03	-0.01	-37.50%
TSE:OPHR	Ophir Gold Corp.	0.03	0.00	0.00%
TSE:NXS	Nexus Gold	0.13	-0.04	-21.88%
TSE:EAU	Engineer Gold Mines Ltd.	0.05	-0.01	-16.67%
TSE:CMET	Clarity Gold Corp.	0.02	-0.06	-75.00%
TSE:ELEM	Element79 Gold Corp.	0.01	-0.03	-62.50%

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: Sep 12, 2026

Mongoose Mining Ltd. AI Stock Analysis