Want to see TSE:SXTY full AI Analyst Report?
Sixty North Gold Mining (SXTY) AI Stock Analysis
Sixty North Gold Mining
(CNQX:SXTY)
The overall score is driven primarily by weak underlying financial performance, with zero revenue, widening losses, and negative cash flows creating high funding and execution risk. Technical indicators add further pressure through a clear downtrend and mildly bearish momentum, while valuation offers little current support due to negative earnings and no dividend. Together, these factors position the stock as a high-risk, early-stage gold developer with significant dependence on successful project advancement.
Sixty North Gold Mining (SXTY) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 6.96M
- Dividend Yield
- ―
- Average Volume (3M)
- 98.29K
- Price to Earnings (P/E)
- -4.7
- Beta (1Y)
- 1.85
- Revenue Growth
- ―
- EPS Growth
- -97.46%
- Country
- Canada
- Employees
- 10
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Sixty North Gold Mining Business Overview & Revenue Model
Company Description
Sixty North Gold Mining Ltd. is a Canadian company primarily engaged in the acquisition, exploration, and development of natural resource properties, with a significant emphasis on gold. The firm currently holds an option to secure an 80% ownership s...
How the Company Makes Money
null
Sixty North Gold Mining Financial Statement Overview
Summary
Financial performance is weak, reflecting a pre-revenue profile with widening operating and net losses, persistently negative and volatile cash flows, and reliance on external financing, partially offset by growing assets and modest debt.
Income Statement
18Very NegativeBalance Sheet
64PositiveCash Flow
33Negative| Breakdown | TTM | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -1.11M | -578.30K | -313.29K | -718.48K | -553.66K | -282.75K |
| Net Income | -1.61M | -582.79K | -314.65K | -1.18M | -777.10K | -717.09K |
Balance Sheet | ||||||
| Total Assets | 14.72M | 9.93M | 9.00M | 8.23M | 8.72M | 6.34M |
| Cash, Cash Equivalents and Short-Term Investments | 1.84M | 384.06K | 35.86K | 37.25K | 114.18K | 1.07M |
| Total Debt | 1.90M | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 2.18M | 754.44K | 416.93K | 392.17K | 531.36K | 74.72K |
| Stockholders Equity | 12.55M | 9.18M | 8.59M | 7.83M | 8.19M | 6.26M |
Cash Flow | ||||||
| Free Cash Flow | -920.13K | -270.37K | 90.73K | -541.52K | -1.28M | -1.76M |
| Operating Cash Flow | -920.14K | -270.37K | 90.73K | -541.52K | -244.37K | -520.88K |
| Investing Cash Flow | -3.79M | -325.76K | -711.39K | -147.13K | -1.04M | -1.54M |
| Financing Cash Flow | 6.54M | 944.32K | 619.28K | 611.72K | 332.00K | 2.84M |
Sixty North Gold Mining Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SXTY, the sentiment is Negative. The current price of 0.11 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.15, and below the 200-day MA of 0.25, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 31.83 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SXTY.
Sixty North Gold Mining Peers Comparison
Overall Rating
TSE:NINE48Neutral
TSE:TG43Neutral
TSE:SXTY42Neutral
TSE:LOT41Neutral
TSE:NBRK39Underperform
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% |
| 48Neutral | CAD 20.47M | -6.69 | -36.39% | ― | ― | -3.29% | |
| 43Neutral | CAD 6.21M | 366.67 | 0.17% | ― | ― | ― | |
| 42Neutral | CAD 8.68M | -4.72 | -13.53% | ― | ― | -97.46% | |
| 41Neutral | CAD 7.81M | -2.87 | -518.12% | ― | ― | -155.88% | |
| 39Underperform | CAD 15.46M | -6.12 | -68.49% | ― | ― | -1878.57% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:SXTY | Sixty North Gold Mining Ltd. | 0.11 | -0.05 | -31.25% | |
| TSE:LOT | TomaGold Corp | 0.03 | -0.01 | -37.50% | |
| TSE:TG | Trifecta Gold Ltd. | 0.11 | -0.19 | -63.33% | |
| TSE:NINE | Nine Mile Metals Ltd. | 0.10 | 0.07 | 200.00% | |
| TSE:NBRK | New Break Resources Ltd. | 0.17 | -0.12 | -41.38% |
Sixty North Gold Mining Corporate Events
Sixty North Gold settles insider debt with shares and issues new options as Mon Mine development advances
PositiveSixty North Gold Mining Ltd. has moved to settle $130,000 in accrued management and consulting fees owed to certain officers and directors by issuing 928,570 common shares at $0.14 per share, with the transaction structured as a related-party deal un...
Sixty North Gold Sees Cost Savings From Proposed Arctic Corridor Road
PositiveSixty North Gold Mining says the proposed Arctic Economic and Security Corridor all-weather road will run through its wholly owned Mon Gold Mine in the Northwest Territories. The company welcomes the route agreement reached by the Yellowknives Dene F...
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 30, 2026