Is Austin Gold Stock a Good Investment?
Austin Gold Investment Advice | AUST |
- Examine Austin Gold's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Austin Gold's leadership team and their track record. Good management can help Austin Gold navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Metals & Mining space and any emerging trends that could impact Austin Gold's business and its evolving consumer preferences.
- Compare Austin Gold's performance and market position to its competitors. Analyze how Austin Gold is positioned in terms of product offerings, innovation, and market share.
- Check if Austin Gold pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Austin Gold's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Austin Gold Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Austin Gold Corp is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Austin Gold Stock
Researching Austin Gold's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 50.0% of the company shares are held by company insiders. The book value of Austin Gold was presently reported as 0.74. The company recorded a loss per share of 0.31. Austin Gold Corp had not issued any dividends in recent years.
To determine if Austin Gold is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Austin Gold's research are outlined below:
| Austin Gold Corp is way too risky over 90 days horizon | |
| Austin Gold Corp may become a speculative penny stock | |
| Austin Gold Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (4 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Austin Gold Corp currently holds about 18.03 M in cash with (1.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36. | |
| Roughly 50.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Financial Comparison Eldorado Gold vs. Austin Gold |
Austin Gold uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Austin Gold Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Austin Gold's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 20th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Austin Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Austin Gold's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-03-15 | 2022-12-31 | -0.05 | -0.07 | -0.02 | 40 | ||
2022-08-16 | 2022-06-30 | -0.03 | -0.05 | -0.02 | 66 | ||
2023-11-10 | 2023-09-30 | -0.067 | -0.02 | 0.047 | 70 | ||
2023-08-09 | 2023-06-30 | -0.05 | -0.11 | -0.06 | 120 | ||
2022-11-08 | 2022-09-30 | -0.05 | 0.05 | 0.1 | 200 | ||
2024-03-01 | 2023-12-31 | -0.05 | -0.18 | -0.13 | 260 |
Austin Gold's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 25.22 M.Market Cap |
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Austin Gold's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.44) | (0.46) | |
| Return On Capital Employed | (0.26) | (0.27) | |
| Return On Assets | (0.44) | (0.46) | |
| Return On Equity | (0.47) | (0.49) |
Determining Austin Gold's profitability involves analyzing its financial statements and using various financial metrics to determine if Austin Gold is a good buy. For example, gross profit margin measures Austin Gold's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Austin Gold's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Austin Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Austin Gold Corp. Check Austin Gold's Beneish M Score to see the likelihood of Austin Gold's management manipulating its earnings.
Evaluate Austin Gold's management efficiency
Austin Gold Corp has return on total asset (ROA) of (0.1858) % which means that it has lost $0.1858 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3587) %, meaning that it created substantial loss on money invested by shareholders. Austin Gold's management efficiency ratios could be used to measure how well Austin Gold manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.46 in 2024. Return On Capital Employed is likely to drop to -0.27 in 2024. Total Current Liabilities is likely to gain to about 710.4 K in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 8.9 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.85 | 0.49 | |
| Tangible Book Value Per Share | 0.85 | 0.49 | |
| Enterprise Value Over EBITDA | (3.75) | (3.93) | |
| Price Book Value Ratio | 0.87 | 0.82 | |
| Enterprise Value Multiple | (3.75) | (3.93) | |
| Price Fair Value | 0.87 | 0.82 | |
| Enterprise Value | 13.1 M | 12.5 M |
Leadership at Austin Gold emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Beta 0.921 |
Basic technical analysis of Austin Stock
As of the 22nd of November, Austin Gold shows the Risk Adjusted Performance of 0.1116, mean deviation of 6.68, and Downside Deviation of 7.25. Austin Gold Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Austin Gold's Outstanding Corporate Bonds
Austin Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Austin Gold Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Austin bonds can be classified according to their maturity, which is the date when Austin Gold Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View |
Understand Austin Gold's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Austin Gold's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1116 | |||
| Market Risk Adjusted Performance | (1.77) | |||
| Mean Deviation | 6.68 | |||
| Semi Deviation | 5.93 | |||
| Downside Deviation | 7.25 | |||
| Coefficient Of Variation | 744.85 | |||
| Standard Deviation | 9.46 | |||
| Variance | 89.58 | |||
| Information Ratio | 0.1227 | |||
| Jensen Alpha | 1.33 | |||
| Total Risk Alpha | 0.0263 | |||
| Sortino Ratio | 0.1601 | |||
| Treynor Ratio | (1.78) | |||
| Maximum Drawdown | 52.96 | |||
| Value At Risk | (12.39) | |||
| Potential Upside | 16.67 | |||
| Downside Variance | 52.63 | |||
| Semi Variance | 35.14 | |||
| Expected Short fall | (9.40) | |||
| Skewness | 1.23 | |||
| Kurtosis | 2.79 |
| Risk Adjusted Performance | 0.1116 | |||
| Market Risk Adjusted Performance | (1.77) | |||
| Mean Deviation | 6.68 | |||
| Semi Deviation | 5.93 | |||
| Downside Deviation | 7.25 | |||
| Coefficient Of Variation | 744.85 | |||
| Standard Deviation | 9.46 | |||
| Variance | 89.58 | |||
| Information Ratio | 0.1227 | |||
| Jensen Alpha | 1.33 | |||
| Total Risk Alpha | 0.0263 | |||
| Sortino Ratio | 0.1601 | |||
| Treynor Ratio | (1.78) | |||
| Maximum Drawdown | 52.96 | |||
| Value At Risk | (12.39) | |||
| Potential Upside | 16.67 | |||
| Downside Variance | 52.63 | |||
| Semi Variance | 35.14 | |||
| Expected Short fall | (9.40) | |||
| Skewness | 1.23 | |||
| Kurtosis | 2.79 |
Consider Austin Gold's intraday indicators
Austin Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Austin Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Austin Gold time-series forecasting models is one of many Austin Gold's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Austin Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Austin Stock media impact
Far too much social signal, news, headlines, and media speculation about Austin Gold that are available to investors today. That information is available publicly through Austin media outlets and privately through word of mouth or via Austin internal channels. However, regardless of the origin, that massive amount of Austin data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Austin Gold news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Austin Gold relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Austin Gold's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Austin Gold alpha.
Austin Gold Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Austin Gold can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Austin Gold Corporate Management
| BSc CA | Chief Officer | Profile | |
| Donna Moroney | Corporate Secretary | Profile | |
| Robert Hatch | Vice Exploration | Profile | |
| Grant Bond | Chief Officer | Profile | |
| Dennis Com | Pres Director | Profile | |
| PEng MASc | VP Director | Profile |
Already Invested in Austin Gold Corp?
The danger of trading Austin Gold Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Austin Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Austin Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Austin Gold Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Austin Stock Analysis
When running Austin Gold's price analysis, check to measure Austin Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Austin Gold is operating at the current time. Most of Austin Gold's value examination focuses on studying past and present price action to predict the probability of Austin Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Austin Gold's price. Additionally, you may evaluate how the addition of Austin Gold to your portfolios can decrease your overall portfolio volatility.