Tristar Gold (TSG) AI Stock Analysis

Tristar Gold

(TSXV:TSG)

Select Model

Rating:54.6Neutral

Price Target:CAD 0.23▲(0.00% Upside)

Action:reiterated

Date:10/21/26

The score is primarily constrained by the company’s pre-revenue status, operating losses, cash burn, and reliance on external capital. A debt-free balance sheet and positive technical momentum provide support, but the very high P/E ratio and overbought momentum indicators limit the overall assessment.

Positive Factors

Debt-free balance sheetA debt-free balance sheet materially reduces solvency and refinancing risk while preserving flexibility to fund exploration and corporate needs. This gives Tristar greater resilience than a similarly unprofitable explorer carrying significant borrowing, although it does not eliminate the need for future capital.

Negative Factors

No operating revenueThe absence of operating revenue means Tristar has not yet demonstrated a self-funding business model or recurring commercial demand. Its value remains tied to exploration success and asset monetization, leaving future cash generation dependent on discoveries, transactions, or eventual mine development.

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

Market Cap: CAD 88.94M
Dividend Yield: ―
Average Volume (3M): 234.53K
Price to Earnings (P/E): 87.7
Beta (1Y): 0.65
Revenue Growth: ―
EPS Growth: ―
Country: Canada
Employees: 31
Sector: General
Sector Strength: 55
Industry: Gold

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 appro...

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 monetizes a...

Tristar Gold Financial Statement Overview

Summary

The debt-free balance sheet is a relative strength, but zero revenue, recurring operating losses, negative cash flow, and reliance on external funding weigh heavily. The score reflects an income statement score of 35, balance sheet score of 72, and cash flow score of 45.

Income Statement

35Negative

Balance Sheet

72Positive

Cash Flow

45Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	0	0	0	0	0	-1,635
EBITDA	-1.58M	-2.03M	-1.54M	―	-2.34M	-1.39M
Net Income	587.08K	-2.31M	-1.93M	―	-967.20K	207.91K
Balance Sheet
Total Assets	40.48M	34.38M	28.84M	30.43M	29.43M	27.55M
Cash, Cash Equivalents and Short-Term Investments	9.92M	4.45M	502.59K	3.77M	4.98M	5.37M
Total Debt	0	0	0	0	0	0
Total Liabilities	2.15M	2.97M	912.90K	893.71K	1.16M	1.92M
Stockholders Equity	38.34M	31.41M	27.93M	29.53M	28.28M	25.63M
Cash Flow
Free Cash Flow	-2.65M	-2.05M	-3.17M	-90.78K	-1.53M	746.72K
Operating Cash Flow	-1.99M	-2.04M	-1.45M	2.17M	785.66K	3.67M
Investing Cash Flow	-1.88M	-1.60M	-1.72M	-2.26M	-2.29M	-2.93M
Financing Cash Flow	6.56M	7.62M	0	2.34M	3.95M	80.86K

Tristar Gold Technical Analysis

Technical Analysis SentimentNeutral

Last Price0.23

Price Trends

50DMA0.22Positive

100DMA0.19Positive

200DMA0.23Negative

Market Momentum

MACD0.01Positive

RSI47.28Neutral

STOCH14.81Positive

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 0.23 is below the 20-day moving average (MA) of 0.23, above 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

TSE:TSG against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:TSG	55Neutral	CAD 88.94M	87.68	1.77%	―	―	―
TSE:GTCH	45Neutral	CAD 46.70M	-9.13	-139.98%	―	―	26.32%
TSE:ALTA	44Neutral	CAD 54.88M	-30.33	-5.42%	―	―	0.00%
TSE:BRAU	42Neutral	CAD 152.83M	-40.68	-29.24%	―	―	-10.28%
TSE:YGT	42Neutral	CAD 84.97M	-45.83	-2.97%	―	―	0.00%
TSE:GPAC	41Neutral	CAD 24.51M	-2.15	-30.37%	―	―	57.73%

* General Sector Average

Performance Comparison

TSE:TSG and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:TSG	Tristar Gold	0.22	0.06	37.50%
TSE:BRAU	Big Ridge Gold Corp.	0.48	0.29	159.46%
TSE:ALTA	Altamira Gold Corp	0.18	-0.02	-7.50%
TSE:YGT	Gold Terra Resource Corp.	0.17	0.07	65.00%
TSE:GTCH	Getchell Gold Corp.	0.23	-0.10	-29.23%
TSE:GPAC	Great Pacific Gold Corp.	0.13	-0.28	-69.51%

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

Tristar Gold AI Stock Analysis