📊 AUGG Key Takeaways
Investment Thesis
Augusta Gold is a pre-revenue mining exploration company with severe operational distress, evidenced by $5.8M net loss, negative free cash flow of -$2.5M, and critically weak liquidity (0.07x current ratio). The company is rapidly depleting cash reserves ($2.7M remaining) with no revenue generation or clear path to profitability, making it a fundamental value destruction scenario.
AUGG Strengths
- Zero long-term debt eliminates leverage risk
- Substantial asset base of $62.8M provides liquidation value floor
- Exploration stage company may discover valuable mineral deposits
AUGG Risks
- Zero revenue with $5.8M annual net loss indicates unsustainable burn rate
- Critical liquidity crisis: current ratio of 0.07x signals imminent solvency concerns
- Negative operating cash flow of -$2.5M demonstrates business model failure; cash runway appears limited
- Negative ROE (-30%) and ROA (-9.2%) confirm capital destruction
- No insider purchases in last 90 days suggests lack of management confidence
- Mining exploration ventures face binary outcomes with high probability of total loss
Key Metrics to Watch
- Cash balance depletion rate and months of runway remaining
- Operating cash flow trajectory and path to positive OCF
- Equity raises or debt issuance indicating dilution necessity
- Exploration assay results and resource estimate updates
AUGG Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
AUGG Profitability Ratios
AUGG vs Default Sector
How AUGUSTA GOLD CORP. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
AUGG Balance Sheet & Liquidity
AUGG 5-Year Financial Trend
5-Year Trend Summary: AUGUSTA GOLD CORP.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $0.08 reflects profitable operations.
AUGG Growth Metrics (YoY)
AUGG Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2020 | N/A | -$404.9K | N/A |
| Q2 2020 | N/A | -$75.1K | $0.00 |
| Q1 2020 | N/A | -$75.1K | N/A |
| Q3 2019 | N/A | -$135.9K | N/A |
| Q2 2019 | N/A | -$91.2K | $0.00 |
| Q2 2018 | N/A | -$91.2K | $0.00 |
| Q3 2011 | N/A | $1.1K | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
AUGG Capital Allocation
AUGG SEC Filings
Access official SEC EDGAR filings for AUGUSTA GOLD CORP. (CIK: 0001448597)
📋 Recent SEC Filings
❓ Frequently Asked Questions about AUGG
What is the AI rating for AUGG?
AUGUSTA GOLD CORP. (AUGG) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are AUGG's key strengths?
Zero long-term debt eliminates leverage risk. Substantial asset base of $62.8M provides liquidation value floor.
What are the risks of investing in AUGG?
Zero revenue with $5.8M annual net loss indicates unsustainable burn rate. Critical liquidity crisis: current ratio of 0.07x signals imminent solvency concerns.
What is AUGG's revenue and growth?
AUGUSTA GOLD CORP. reported revenue of $0.0.
Does AUGG pay dividends?
AUGUSTA GOLD CORP. does not currently pay dividends.
Where can I find AUGG SEC filings?
Official SEC filings for AUGUSTA GOLD CORP. (CIK: 0001448597) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is AUGG's EPS?
AUGUSTA GOLD CORP. has a diluted EPS of $-0.07.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.