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Red Lake Gold Inc (RGLD) AI Stock Analysis
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Red Lake Gold Inc
(CNQX:RGLD)
The score is weighed down primarily by weak financial performance (pre-revenue operations, ongoing losses, negative free cash flow, and negative equity). Technicals add further pressure with the price below major moving averages, while valuation metrics provide limited support due to a negative P/E and no dividend yield data.
Red Lake Gold Inc (RGLD) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 480.12K
- Dividend Yield
- ―
- Average Volume (3M)
- 29.31K
- Price to Earnings (P/E)
- -1.6
- Beta (1Y)
- 1.05
- Revenue Growth
- ―
- EPS Growth
- 86.95%
- Country
- Canada
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Red Lake Gold Inc Business Overview & Revenue Model
Company Description
Operating in Canada, Red Lake Gold Inc. specializes in the acquisition and exploration of mineral properties, primarily targeting gold deposits. Its flagship endeavor is the Whirlwind Jack gold project, located near Red Lake, Ontario. This significan...
Red Lake Gold Inc Financial Statement Overview
Summary
Financial performance is very weak based on the provided statements: the company is pre-revenue, persistently loss-making, and consistently generating negative operating cash flow and free cash flow. While there is no debt (a positive), equity has deteriorated to negative in TTM, which materially increases balance-sheet risk.
Income Statement
8Very NegativeBalance Sheet
18Very NegativeCash Flow
10Very Negative| Breakdown | TTM | Feb 2026 | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -203.71K | -227.80K | -333.00K | -198.05K | -15.73K | -11.22K |
| Net Income | -326.81K | -2.49M | -358.00K | -248.00K | -238.00K | -396.00K |
Balance Sheet | ||||||
| Total Assets | 45.67K | 63.37K | 2.53M | 2.04M | 2.18M | 2.11M |
| Cash, Cash Equivalents and Short-Term Investments | 11.14K | 19.19K | 269.38K | 42.53K | 332.24K | 343.11K |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 57.36K | 25.48K | 22.78K | 13.08K | 13.13K | 17.88K |
| Stockholders Equity | -11.69K | 37.88K | 2.50M | 2.02M | 2.17M | 2.09M |
Cash Flow | ||||||
| Free Cash Flow | -144.58K | -181.80K | -251.93K | -427.31K | -323.83K | -210.93K |
| Operating Cash Flow | -93.03K | -181.80K | -251.93K | -245.66K | -252.42K | -183.23K |
| Investing Cash Flow | -82.80K | -83.40K | -263.72K | -181.65K | -71.41K | 22.30K |
| Financing Cash Flow | 15.00K | 15.00K | 742.50K | 137.60K | 312.96K | 0 |
Red Lake Gold Inc Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RGLD, the sentiment is Negative. The current price of 0.10 is below the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.14, and below the 200-day MA of 0.26, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 33.79 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:RGLD.
Red Lake Gold Inc Peers Comparison
Overall Rating
TSE:FG45Neutral- TSE:RGLD40Underperform
TSE:NXS39Underperform
Financial Indicators
| 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:FG | 45Neutral | CAD 1.83M | -1.18 | 62.66% | ― | ― | -1.59% |
| TSE:RGLD | 40Underperform | CAD 480.12K | -1.56 | -591.78% | ― | ― | 86.95% |
| TSE:NXS | 39Underperform | CAD 3.00M | -0.23 | 3359.69% | ― | ― | -892.33% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:RGLD | Red Lake Gold Inc | 0.10 | -0.50 | -84.14% | |
| TSE:FG | Falcon Gold | 0.03 | -0.01 | -31.82% | |
| 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% |
Red Lake Gold Inc Corporate Events
Red Lake Gold Closes Second Tranche of Private Placement to Fund Exploration
PositiveRed Lake Gold Inc. has closed the second tranche of its previously announced non-brokered private placement, issuing 100,000 common shares at $0.075 per share for gross proceeds of $7,500. This closing brings total funds raised across both tranches o...
Red Lake Gold Raises Capital in First Tranche of Private Placement
PositiveRed Lake Gold Inc., a Canadian mineral exploration company listed on the CSE, focuses on advancing mining claims across Ontario with an emphasis on early-stage resource development. Operating within the exploration segment of the mining industry, it...
Red Lake Gold Shareholders Back Board Changes and Stock Option Plan Renewal
PositiveRed Lake Gold Inc. reported that all resolutions at its recent annual general and special meeting in Vancouver were approved by shareholders. The company fixed its board at four directors, re-elected Brian Hearst, and added Michael E. Schuss, Tor Bru...
Red Lake Gold Plans $375,000 Private Placement to Fund Ontario Exploration
PositiveRed Lake Gold Inc., a junior mineral exploration company listed on the CSE as RGLD, is focused on advancing mining claims in Ontario, Canada, with an emphasis on early-stage exploration in established resource regions. The corporation seeks to build...
Red Lake Gold Monetizes Red Lake Claims and Royalty to Bolster Working Capital
PositiveRed Lake Gold Inc. has sold 437 unpatented mining claims in Ontario’s Red Lake Mining District to an arm’s length buyer in exchange for a 2.0% net smelter return royalty, avoiding Crown forfeiture that would have left the company with no...
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 17, 2026