Want to see TSE:SXTY full AI Analyst Report?
Top Page
Sixty North Gold Mining
(SXTY)
Select Model
Select Model
Rating:42Neutral
Price Target:
C$0.15
▲(2.67% Upside)
Action:Reiterated
Date:09/30/26
The score is driven primarily by weak financial performance (no revenue, recurring and worsening losses in TTM, and negative operating/free cash flow implying continued financing needs), partially cushioned by a modestly leveraged balance sheet. Technicals add downside pressure with price below key moving averages and negative MACD, while valuation is constrained by a negative P/E and no dividend support.
Positive Factors
Modest Leverage
A relatively modest leverage profile provides some financial flexibility compared with a heavily indebted explorer. The meaningful equity base and limited historical debt burden may help the company manage exploration spending while reducing near-term balance-sheet pressure.
Negative Factors
No Revenue Generation
The absence of revenue over multiple reporting periods means the company has not yet demonstrated a producing or self-funded operating model. This leaves financial progress dependent on exploration outcomes and external funding rather than recurring commercial cash inflows.
Read all positive and negative factors
Positive Factors
Negative Factors
Modest Leverage
A relatively modest leverage profile provides some financial flexibility compared with a heavily indebted explorer. The meaningful equity base and limited historical debt burden may help the company manage exploration spending while reducing near-term balance-sheet pressure.
Read all positive factors
Sixty North Gold Mining (SXTY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$11.05M
Dividend YieldN/A
Average Volume (3M)96.45K
Price to Earnings (P/E)―
Beta (1Y)1.69
Revenue GrowthN/A
EPS Growth-97.46%
CountryCA
Employees10
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.02
Shares Outstanding78,940,970
10 Day Avg. Volume55,314
30 Day Avg. Volume96,452
Financial Highlights & Ratios
PEG Ratio-0.32
Price to Book (P/B)0.80
Price to Sales (P/S)0.00
P/FCF Ratio-27.16
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
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% ownershi...
How the Company Makes Money
null...
Sixty North Gold Mining Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
53
Neutral
Cash Flow
24
Negative
| Breakdown | TTM | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|---|
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 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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
Positive
0.15
Price Trends
0.15
Positive
0.20
Negative
0.26
Negative
Market Momentum
>-0.01
Negative
56.84
Neutral
64.29
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SXTY, the sentiment is Positive. The current price of 0.15 is above the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.15, and below the 200-day MA of 0.26, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 56.84 is Neutral, neither overbought nor oversold. The STOCH value of 64.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SXTY.
Sixty North Gold Mining Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | C$30.22M | -9.24 | -36.39% | ― | ― | -3.29% | |
43 Neutral | C$9.31M | 550.00 | 0.17% | ― | ― | ― | |
42 Neutral | C$11.05M | -6.87 | -13.53% | ― | ― | -97.46% | |
41 Neutral | C$9.37M | -4.02 | -518.12% | ― | ― | -155.88% | |
41 Neutral | C$19.10M | -7.55 | -68.49% | ― | ― | -1878.57% |
* Basic Materials Sector Average
TSE:SXTY
Sixty North Gold Mining
0.16
0.07
77.78%
TSE:LOT
TomaGold
0.04
0.00
0.00%
TSE:TG
Trifecta Gold
0.17
-0.26
-60.71%
TSE:NINE
Nine Mile Metals Ltd
0.15
0.13
866.67%
TSE:NBRK
New Break Resources Ltd.
0.21
-0.07
-25.00%
Sixty North Gold Mining Corporate Events
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Sixty North Gold settles insider debt with shares and issues new options as Mon Mine development advances
Positive
Oct 2, 2026
Sixty 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...
Business Operations and Strategy
Sixty North Gold Sees Cost Savings From Proposed Arctic Corridor Road
Positive
Aug 19, 2026
Sixty 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 Den...
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.