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Dixie Gold
(SPAR)
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Rating:45Neutral
Price Target:
C$0.22
▲(43.33% Upside)
Action:Reiterated
Date:09/12/26
The score is primarily constrained by weak financial performance (pre-revenue, ongoing losses, and continued cash burn with a shrinking equity base). Technicals are moderately supportive with price above key moving averages and positive MACD, but elevated RSI suggests the move may be stretched. Valuation remains challenged due to negative earnings and no dividend support.
Positive Factors
Debt-Free Balance Sheet
The absence of reported debt limits interest obligations and reduces direct leverage risk while the company remains early stage. This gives management more flexibility than a similarly loss-making business carrying borrowings, although the benefit is tempered by the very small and declining equity base.
Negative Factors
No Commercial Revenue
The absence of reported revenue shows that Dixie Gold has not yet reached commercial scale, leaving its business model unproven in financial results. Without an operating revenue base, future funding depends heavily on advancing the business before recurring sales can support costs.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
The absence of reported debt limits interest obligations and reduces direct leverage risk while the company remains early stage. This gives management more flexibility than a similarly loss-making business carrying borrowings, although the benefit is tempered by the very small and declining equity base.
Read all positive factors
Dixie Gold (SPAR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.75M
Dividend YieldN/A
Average Volume (3M)16.78K
Price to Earnings (P/E)―
Beta (1Y)-0.77
Revenue GrowthN/A
EPS Growth23.69%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.08
Shares Outstanding7,934,297
10 Day Avg. Volume29,033
30 Day Avg. Volume16,777
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)2.52
Price to Sales (P/S)0.00
P/FCF Ratio-1.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Dixie Gold Business Overview & Revenue Model
Company Description
Dixie Gold Inc., a Vancouver, Canada-based company established in 2011, specializes in the exploration and development of mineral resource properties throughout Canada. The firm's core objective is to identify and uncover deposits of gold, uranium...
How the Company Makes Money
null...
Dixie Gold Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
22
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -260.48K | -382.00K | -291.00K | -86.94K | -294.59K |
| Net Income | -711.68K | -942.00K | -25.39K | -285.00K | -139.00K |
Balance Sheet | |||||
| Total Assets | 175.56K | 897.51K | 1.46M | 1.48M | 1.89M |
| Cash, Cash Equivalents and Short-Term Investments | 153.02K | 410.29K | 271.15K | 244.88K | 739.39K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 18.17K | 28.44K | 21.10K | 17.61K | 137.19K |
| Stockholders Equity | 157.39K | 869.07K | 1.44M | 1.47M | 1.75M |
Cash Flow | |||||
| Free Cash Flow | -357.27K | -260.86K | 26.27K | -494.52K | -381.69K |
| Operating Cash Flow | -265.16K | -243.97K | 49.74K | -446.94K | -171.49K |
| Investing Cash Flow | 7.90K | 83.11K | -23.47K | -47.58K | 236.08K |
| Financing Cash Flow | 0.00 | 300.00K | 0.00 | 0.00 | 0.00 |
Dixie Gold Technical Analysis
Positive
0.15
Price Trends
0.16
Positive
0.15
Positive
0.19
Positive
Market Momentum
<0.01
Negative
67.81
Neutral
77.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SPAR, the sentiment is Positive. The current price of 0.15 is below the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.16, and below the 200-day MA of 0.19, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 67.81 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SPAR.
Dixie Gold Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
45 Neutral | C$1.75M | -0.45 | -162.78% | ― | ― | 23.69% | |
44 Neutral | C$1.51M | -0.47 | -263.57% | ― | ― | 55.26% | |
43 Neutral | C$1.29M | -0.45 | 145.78% | ― | ― | 55.50% | |
41 Neutral | C$2.00M | -9.25 | -45.72% | ― | ― | -439.68% |
* General Sector Average
TSE:SPAR
Dixie Gold
0.21
-0.01
-4.55%
TSE:AWR
Aurwest Resources
0.19
0.09
86.87%
TSE:FTJ
Fort St James Nickel
0.04
0.00
0.00%
TSE:LEXT
Lexston Life Sciences Corp.
0.07
-0.11
-61.76%
TSE:RFLX
Freedom Battery Metals, Inc.
0.11
-0.20
-65.00%
Dixie Gold Corporate Events
Business Operations and StrategyShareholder Meetings
Spartacus Metals Confirms Shareholder Backing at 2026 AGM
Positive
Sep 4, 2026
Spartacus Metals Inc., a Vancouver-based junior mining and exploration company listed on the TSX Venture Exchange, is engaged in mineral resource development and related activities in the metals sector. Its operations place it within the speculati...
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.