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Volcanic Gold Mines Inc
(VG)
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Rating:46Neutral
Price Target:
C$0.10
▲(3.00% Upside)
Action:Reiterated
Date:08/27/26
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and persistent negative free cash flow with ongoing funding risk) and limited valuation support (negative P/E and no dividend data). The main offset is strong recent technical strength with the stock trading above major moving averages, though momentum indicators look overheated and raise pullback risk.
Positive Factors
Low Leverage
Low leverage limits interest and refinancing pressure, giving the company greater flexibility to fund exploration. This is a relative financial strength for an exploration business, although it does not offset the need for external capital while operations remain pre-revenue.
Negative Factors
No Revenue or Commercial Operations
The absence of revenue means the company has not yet demonstrated commercial viability or a self-funding business model. Future value depends on successful exploration and project advancement, leaving results highly dependent on uncertain geological outcomes.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Low leverage limits interest and refinancing pressure, giving the company greater flexibility to fund exploration. This is a relative financial strength for an exploration business, although it does not offset the need for external capital while operations remain pre-revenue.
Read all positive factors
Volcanic Gold Mines Inc (VG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$5.64M
Dividend YieldN/A
Average Volume (3M)14.06K
Price to Earnings (P/E)―
Beta (1Y)-0.28
Revenue GrowthN/A
EPS Growth63.10%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)-0.03
Shares Outstanding59,419,540
10 Day Avg. Volume40,869
30 Day Avg. Volume14,056
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)3.45
Price to Sales (P/S)0.00
P/FCF Ratio-4.48
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
Volcanic Gold Mines Inc Business Overview & Revenue Model
Company Description
Volcanic Gold Mines Inc. specializes in the acquisition and exploration of mineral properties, with a specific focus on discovering gold and silver deposits. The company possesses an option to obtain a 60% stake in the Holly and Banderas gold/silv...
How the Company Makes Money
Volcanic Gold Mines Inc’s primary economic activity is mineral exploration; however, specific, verifiable details on the company’s revenue model and current revenue-generating operations are not available from the information provided. In general,...
Volcanic Gold Mines Inc Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
56
Neutral
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -61.13K | -50.35K | -48.06K | -44.90K | -29.52K |
| EBITDA | -1.05M | -2.59M | -2.25M | -2.61M | -4.37M |
| Net Income | -1.11M | -2.64M | -2.29M | -2.66M | -4.40M |
Balance Sheet | |||||
| Total Assets | 1.75M | 1.28M | 3.66M | 5.94M | 8.62M |
| Cash, Cash Equivalents and Short-Term Investments | 1.17M | 837.75K | 3.16M | 5.60M | 8.22M |
| Total Debt | 81.32K | 95.52K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 264.50K | 318.80K | 234.33K | 265.45K | 253.09K |
| Stockholders Equity | 1.66M | 1.14M | 3.60M | 5.86M | 8.54M |
Cash Flow | |||||
| Free Cash Flow | -1.28M | -2.33M | -2.43M | -2.65M | -3.84M |
| Operating Cash Flow | -1.28M | -2.32M | -2.23M | -2.61M | -3.65M |
| Investing Cash Flow | 0.00 | -2.15K | -207.31K | -19.16K | -195.60K |
| Financing Cash Flow | 1.61M | 0.00 | 0.00 | 2.25K | 347.06K |
Volcanic Gold Mines Inc Technical Analysis
Positive
0.10
Price Trends
0.08
Positive
0.08
Positive
0.10
Negative
Market Momentum
<0.01
Negative
63.44
Neutral
65.48
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:VG, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and below the 200-day MA of 0.10, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 63.44 is Neutral, neither overbought nor oversold. The STOCH value of 65.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:VG.
Volcanic Gold Mines Inc Peers Comparison
UnderperformOutperform
Sector (55)
TSE:VG
Volcanic Gold Mines Inc
0.11
-0.10
-47.50%
TSE:PGC
Plato Gold
0.03
>-0.01
-9.09%
TSE:VGD
Visible Gold Mines
0.17
0.05
37.50%
TSE:EDW.H
Edgewater Exploration
0.10
0.01
11.11%
TSE:BGF
Beauce Gold Fields
0.03
-0.01
-25.00%
TSE:NSG
Northstar Gold
0.05
0.02
50.00%
Volcanic Gold Mines Inc Corporate Events
Business Operations and Strategy
Volcanic Gold Mines Secures First Rights on High-Grade Guatemalan Antimony Project
Positive
Aug 24, 2026
Volcanic Gold Mines Inc. has secured a Right of First Offer and Right of First Refusal to acquire an interest in the fully permitted Los Angeles antimony mine in Palencia, Guatemala, operated by private company MINEGUA. The agreement gives Volcani...
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.