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INDICATIVE · SAMPLE DATA
AUAU$0.8860

A2 Gold Corp

GoldVerified

A2 Gold Corp has a market capitalization of CAD 91.73 million and a price-to-book ratio of 1.93, indicating a premium to its book value. The company has no long-term debt and a debt-to-equity ratio of 0.0, reflecting a conservative capital structure. Its current ratio of 24.53 suggests strong liquidity, with current assets significantly outpacing current liabilities. The company reported a net loss of CAD 2.49 million and an operating loss of CAD 2.27 million in the latest period, with a negative return on equity of -5.23% and a return on assets of -5.15%. These metrics indicate poor profitability relative to its equity and asset base. The industry_config for the Gold sector emphasizes metrics such as all-in sustaining costs (AISC), gold equivalent ounces (GEOs), and cash cost per ounce, but A2 Gold Corp has not yet reached production, so these metrics are not yet applicable. A2 Gold Corp's revenue is entirely derived from its Eastside Gold-Silver Project in Nevada, with no disclosed geographic diversification. The project spans 92 square kilometers and includes high-priority zones such as McIntosh and Castle. The company has not yet generated revenue from operations, as the project remains in the exploration and resource expansion phase. The company's outlook for the current fiscal year is negative, with no revenue reported and a continuation of exploration and capital expenditures. The capital expenditure of CAD 2.12 million in the latest period reflects ongoing development and exploration activities. The company has not provided a numeric outlook for the next fiscal year, but its current financial position suggests continued reliance on equity financing and exploration spending. The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company has no long-term debt and a high current ratio, but its negative operating and net income suggest financial pressure. The dilution risk is low, as the company has not issued additional shares recently, and its diluted and basic share counts are identical. Recent events include a strong buy recommendation from one analyst, with a mean price target of CAD 2.10, significantly higher than the current market price of CAD 0.88. No recent filings or transcripts have been disclosed that would indicate material changes in the company's operations or strategy.

30-day price · AUAU-0.03 (-3.3%)
Low$0.74High$1.00Close$0.87As of12 May, 00:00 UTC
Profile
CompanyA2 Gold Corp
TickerAUAU.V
SectorBasic Materials
BusinessMineral Resources
Industry groupMineral Resources
IndustryGold
AI analysis

Business. A2 Gold Corp is a Canada-based gold exploration and mining company focused on the development of gold projects in Nevada, USA, with its flagship Eastside Gold-Silver Project hosting an inferred resource of 1.4 million ounces of gold and 8.8 million ounces of silver.

Classification. A2 Gold Corp is classified under the Basic Materials economic sector, Mineral Resources business sector, and Gold industry, with a classification confidence of 0.92.

A2 Gold Corp has a market capitalization of CAD 91.73 million and a price-to-book ratio of 1.93, indicating a premium to its book value. The company has no long-term debt and a debt-to-equity ratio of 0.0, reflecting a conservative capital structure. Its current ratio of 24.53 suggests strong liquidity, with current assets significantly outpacing current liabilities. The company reported a net loss of CAD 2.49 million and an operating loss of CAD 2.27 million in the latest period, with a negative return on equity of -5.23% and a return on assets of -5.15%. These metrics indicate poor profitability relative to its equity and asset base. The industry_config for the Gold sector emphasizes metrics such as all-in sustaining costs (AISC), gold equivalent ounces (GEOs), and cash cost per ounce, but A2 Gold Corp has not yet reached production, so these metrics are not yet applicable. A2 Gold Corp's revenue is entirely derived from its Eastside Gold-Silver Project in Nevada, with no disclosed geographic diversification. The project spans 92 square kilometers and includes high-priority zones such as McIntosh and Castle. The company has not yet generated revenue from operations, as the project remains in the exploration and resource expansion phase. The company's outlook for the current fiscal year is negative, with no revenue reported and a continuation of exploration and capital expenditures. The capital expenditure of CAD 2.12 million in the latest period reflects ongoing development and exploration activities. The company has not provided a numeric outlook for the next fiscal year, but its current financial position suggests continued reliance on equity financing and exploration spending. The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company has no long-term debt and a high current ratio, but its negative operating and net income suggest financial pressure. The dilution risk is low, as the company has not issued additional shares recently, and its diluted and basic share counts are identical. Recent events include a strong buy recommendation from one analyst, with a mean price target of CAD 2.10, significantly higher than the current market price of CAD 0.88. No recent filings or transcripts have been disclosed that would indicate material changes in the company's operations or strategy.
Key takeaways
  • A2 Gold Corp has a strong liquidity position with a current ratio of 24.53 and no long-term debt.
  • The company is not yet profitable, with a net loss of CAD 2.49 million and a negative return on equity of -5.23%.
  • The Eastside Gold-Silver Project is the sole source of the company's value, with no geographic diversification.
  • Analysts have assigned a strong buy rating with a mean price target of CAD 2.10, suggesting potential upside.
  • The company's capital structure is equity-heavy, with no dilution risk in the near term.
  • --
  • # RATIONALES
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Financial snapshot
PeriodHA-latest
CurrencyCAD
Revenue
Gross profit
Operating income-$2.3M
Net income-$2.5M
R&D
SG&A
D&A
SBC
Operating cash flow-$1.5M
CapEx-$2.1M
Free cash flow-$4.6M
Total assets$48.2M
Total liabilities$695.0k
Total equity$47.5M
Cash & equivalents
Long-term debt$0.00
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0
FY-1
FY-2
FY-3
FY-4
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0
FY-1
FY-2
FY-3
FY-4
PeriodOCFCapExFCFSBC
FY0
FY-1
FY-2
FY-3
FY-4
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodOCFCapExFCFSBC
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
Valuation
Market price$0.88
Market cap$91.7M
Enterprise value
P/E
Reported non-GAAP P/E
EV/Revenue
EV/Op income
EV/OCF
P/B1.9
P/Tangible book1.9
Tangible book$47.5M
Net cash
Current ratio24.5
Debt/Equity0.0
ROA-5.1%
ROE-5.2%
Cash conversion62.0%
CapEx/Revenue
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskLow
  • No immediate filing-based liquidity or dilution flags were detected.
Industry benchmarks
Activity: Mining · cohort 2 companies
MetricAUAUActivity
Op margin-2.9% medp25 -34.7% · p75 15.6%
Net margin1.2% medp25 -11.7% · p75 11.1%
Gross margin1.9% medp25 1.9% · p75 1.9%
R&D / revenue0.5% medp25 0.4% · p75 0.5%
CapEx / revenue43.7% medp25 27.1% · p75 60.2%
Debt / equity0.0%33.0% medp25 16.8% · p75 40.0%bottom quartile
Observations
IR observations
Mean price target2.10 CAD
Median price target2.10 CAD
High price target2.10 CAD
Low price target2.10 CAD
Mean recommendation1.00 (1=strong buy, 5=strong sell)
Strong-buy count1.00
Buy count0.00
Hold count0.00
Sell count0.00
Strong-sell count0.00
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-10 06:21 UTC#07fb10b0
Market quoteclose CAD 0.88 · shares 0.10B diluted
no public URL
2026-05-10 06:21 UTC#893f8bbf
Source: analysis-pipeline (hybrid)Generated: 2026-05-10 06:22 UTCJob: 5e3a2feb