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Tristar Gold Inc (TSE:TSG)
:TSG
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Tristar Gold (TSG) AI Stock Analysis

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TSE:TSG

Tristar Gold

(TSG)

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Neutral 50 (OpenAI - Gpt-5.6Sol)
Rating:50Neutral
Price Target:
C$0.22
▲(10.00% Upside)
Action:Reiterated
Date:10/21/26
The score is held back primarily by weak financial performance: no revenue, ongoing operating losses, and negative recent operating/free cash flow despite a debt-free balance sheet. Technicals are supportive with a clear uptrend and positive MACD, but momentum is stretched (high RSI/Stochastic). Valuation is also a headwind due to the very high P/E.
Positive Factors
Debt-free balance sheet
Reporting no debt across all provided periods materially lowers solvency and refinancing pressure. That gives Tristar greater financial flexibility to fund exploration and preserve strategic options during the pre-revenue phase, although it does not remove the need for future funding.
Negative Factors
No operating revenue
The absence of operating revenue means Tristar currently lacks a recurring commercial cash inflow from products or services. Its financial outlook therefore depends on advancing and monetizing exploration assets, leaving results more dependent on future project success than on an established revenue base.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Reporting no debt across all provided periods materially lowers solvency and refinancing pressure. That gives Tristar greater financial flexibility to fund exploration and preserve strategic options during the pre-revenue phase, although it does not remove the need for future funding.
Read all positive factors

Tristar Gold (TSG) vs. iShares MSCI Canada ETF (EWC)

Tristar Gold Business Overview & Revenue Model

Company Description
TriStar Gold, Inc. is dedicated to identifying, evaluating, and advancing sites with potential for precious metal extraction throughout the American continents. Its primary holding is the wholly-owned Castelo de Sonhos gold project, which spans ap...
How the Company Makes Money
Tristar Gold does not have publicly available information indicating recurring operating revenue from selling products or providing services; as an exploration-stage mining company, it typically does not generate revenue until it sells or monetize...

Tristar Gold Financial Statement Overview

Summary
Overall fundamentals reflect a pre-revenue/resource-stage profile: revenue is consistently $0 and operating losses persist (TTM EBIT about -$1.1M). Balance sheet strength (no debt and higher equity base) helps reduce solvency risk, but recent operating and free cash flow are negative (TTM OCF about -$2.0M; TTM FCF about -$2.7M), indicating ongoing cash burn and reliance risk on external funding.
Income Statement
22
Negative
Balance Sheet
71
Positive
Cash Flow
34
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit0.000.000.000.000.00-1.64K
EBITDA-1.58M-2.03M-1.54M―-2.34M-1.39M
Net Income587.08K-2.31M-1.93M―-967.20K207.91K
Balance Sheet
Total Assets40.48M34.38M28.84M30.43M29.43M27.55M
Cash, Cash Equivalents and Short-Term Investments9.92M4.45M502.59K3.77M4.98M5.37M
Total Debt0.000.000.000.000.000.00
Total Liabilities2.15M2.97M912.90K893.71K1.16M1.92M
Stockholders Equity38.34M31.41M27.93M29.53M28.28M25.63M
Cash Flow
Free Cash Flow-2.65M-2.05M-3.17M-90.78K-1.53M746.72K
Operating Cash Flow-1.99M-2.04M-1.45M2.17M785.66K3.67M
Investing Cash Flow-1.88M-1.60M-1.72M-2.26M-2.29M-2.93M
Financing Cash Flow6.56M7.62M0.002.34M3.95M80.86K

Tristar Gold Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.20
Price Trends
50DMA
0.22
Positive
100DMA
0.19
Positive
200DMA
0.23
Negative
Market Momentum
MACD
<0.01
Positive
RSI
47.28
Neutral
STOCH
14.81
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TSG, the sentiment is Neutral. The current price of 0.2 is below the 20-day moving average (MA) of 0.23, below the 50-day MA of 0.22, and below the 200-day MA of 0.23, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.28 is Neutral, neither overbought nor oversold. The STOCH value of 14.81 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:TSG.

Tristar Gold Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
50
Neutral
C$88.94M87.471.77%―――
50
Neutral
C$152.83M-40.68-29.24%――-10.28%
47
Neutral
C$84.97M-45.83-2.97%―――
46
Neutral
C$46.70M-9.13-139.98%――26.32%
44
Neutral
C$54.88M-30.33-5.42%―――
43
Neutral
C$24.51M-2.15-30.37%――57.73%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:TSG
Tristar Gold
0.22
0.05
33.33%
TSE:BRAU
Big Ridge Gold
0.48
0.29
146.15%
TSE:ALTA
Altamira Gold Corp
0.19
-0.02
-7.50%
TSE:YGT
Gold Terra Resource
0.17
0.06
50.00%
TSE:GTCH
Getchell Gold Corp
0.23
-0.08
-26.98%
TSE:GPAC
Great Pacific Gold
0.13
-0.32
-71.78%
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: Oct 21, 2026