American Pacific Mining (USGD) AI Stock Analysis

American Pacific Mining

(CNQX:USGD)

Select Model

Rating:39Underperform

Price Target:CAD 0.12▲(2.50% Upside)

Action:downgraded

Date:10/24/26

The score is primarily constrained by severe financial weakness, including no revenue, recurring losses, and sustained cash burn. Weak technical momentum and the negative P/E ratio provide little additional support, while the low-debt balance sheet offers only a partial offset.

Positive Factors

Very Low LeverageMinimal debt reduces fixed financial obligations and provides greater resilience if operating losses persist. The company retains more flexibility to allocate capital toward exploration and development without the same interest burden or refinancing pressure faced by highly leveraged peers.

Negative Factors

No Revenue and Persistent Operating LossesNo reported revenue combined with persistent operating losses indicates that the business has not yet demonstrated commercial scale or self-sustaining economics. Continued spending without visible operating profitability limits internal funding capacity and raises uncertainty around future earnings power.

American Pacific Mining (USGD) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 23.01M
Dividend Yield: ―
Average Volume (3M): 351.54K
Price to Earnings (P/E): -1.8
Beta (1Y): 2.27
Revenue Growth: ―
EPS Growth: -761.62%
Country: Canada
Employees: 2
Sector: Basic Materials
Sector Strength: 61
Industry: Gold

American Pacific Mining Business Overview & Revenue Model

Company Description

American Pacific Mining Corp. is a gold exploration firm, with its headquarters in Vancouver, Canada, dedicated to discovering and developing mineral properties across the Western United States. The company primarily targets gold and silver deposits....

How the Company Makes Money

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American Pacific Mining Financial Statement Overview

Summary

Financial performance is severely weak: the company has no revenue, persistent losses, and consistently negative operating and free cash flow. Its low debt and equity-backed balance sheet provide some support, but ongoing cash burn and declining equity remain significant risks.

Income Statement

18Very Negative

Balance Sheet

62Positive

Cash Flow

28Negative

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	-1.09M	-2.29M	-36.38K	-22.76K	-21.52K	-2,028
EBITDA	-8.33M	-13.34M	-10.37M	-13.68M	-10.07M	-2.68M
Net Income	-15.05M	-15.82M	3.49M	-9.07M	-10.09M	-4.28M
Balance Sheet
Total Assets	34.46M	33.65M	52.81M	41.25M	42.96M	28.69M
Cash, Cash Equivalents and Short-Term Investments	18.99M	12.16M	12.35M	2.86M	6.04M	15.09M
Total Debt	42.34K	53.81K	2.49M	1.22M	123.91K	0
Total Liabilities	1.29M	1.58M	4.11M	2.14M	1.02M	620.58K
Stockholders Equity	33.17M	32.07M	48.70M	39.11M	41.94M	28.07M
Cash Flow
Free Cash Flow	-6.82M	-7.35M	-8.00M	-14.67M	-8.29M	-3.62M
Operating Cash Flow	-6.73M	-7.35M	-7.45M	-13.93M	-8.06M	-2.74M
Investing Cash Flow	-1.63M	-1.17M	8.88M	-955.05K	-703.65K	-673.76K
Financing Cash Flow	7.31M	-2.61M	7.54M	11.73M	88.05K	16.97M

American Pacific Mining Technical Analysis

Technical Analysis SentimentNegative

Last Price0.12

Price Trends

50DMA0.17Negative

100DMA0.16Negative

200DMA0.16Negative

Market Momentum

MACD-0.01Positive

RSI30.43Neutral

STOCH12.22Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:USGD, the sentiment is Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.17, and below the 200-day MA of 0.16, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 30.43 is Neutral, neither overbought nor oversold. The STOCH value of 12.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:USGD.

American Pacific Mining Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

TSE:USGD against its peers
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%
TSE:CANX	51Neutral	CAD 95.64M	-33.98	-11.17%	―	―	-232.26%
TSE:JG	48Neutral	CAD 35.36M	-8.04	-18.49%	―	―	31.25%
TSE:BTR	46Neutral	CAD 45.94M	-1.09	4706.10%	―	―	-131.06%
TSE:BAU	42Neutral	CAD 36.04M	-3.04	-295.22%	―	―	17.61%
TSE:USGD	39Underperform	CAD 31.76M	-1.83	-44.03%	―	―	-761.62%
TSE:KALO	39Underperform	CAD 13.54M	-1.09	-161.75%	―	―	-78.95%

* Basic Materials Sector Average

Performance Comparison

TSE:USGD and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:USGD	American Pacific Mining Corp	0.12	-0.05	-31.43%
TSE:BTR	Bonterra Resources	0.12	-0.05	-31.43%
TSE:JG	Japan Gold	0.12	-0.03	-17.86%
TSE:BAU	Blue Star Gold Corp	0.19	0.00	0.00%
TSE:CANX	CANEX Metals	0.35	0.24	218.18%
TSE:KALO	Kalo Gold Holdings Corp.	0.12	-0.27	-69.74%

American Pacific Mining Corporate Events

Business Operations and Strategy

American Pacific Targets Madison Sulfide Zone with Downhole Surveys to Refine Step-Out Drilling

Positive

Oct 6, 2026

American Pacific Mining has engaged Colog, Inc. to conduct downhole geophysical and structural surveys in drill hole M26C-02 at its Madison Copper-Gold Project in Montana, following a high-grade intersection of gold, silver and copper. The program wi...

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 24, 2026

American Pacific Mining AI Stock Analysis