Austin Gold Corp.
AUST · Gold and Silver Ores · EDGAR filings ↗
Grade
D46Pre-revenue Nevada/Oregon gold explorer with no income, thin cash and going-concern uncertainty.
Strengths
- Very low liabilities ($129K) and growing E&E asset base ($5.1M)
- Reduced cash burn year-over-year on lower marketing and admin spend
Risks
- No revenue and recurring losses; cash only $0.6M (6th pct) with ~1.6-quarter runway
- Going-concern language; dependent on dilutive equity/debt to advance exploration
- Concentration in a few early-stage properties with binary exploration outcomes
Notable findings
- Cash burnNegative free cash flow (-1.5M)
Key metrics
Return on equity
-19.5%
Return on assets
-19.2%
Free cash flow
-$1M
Tangible book value
$8M
Cash & investments
$573K
Cash runway
2q
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-03-26 | 2025-12-31 | 0001104659-26-035225 ↗ |
| 20-F | 2025-03-27 | 2024-12-31 | 0001410578-25-000509 ↗ |
| 20-F | 2024-03-27 | 2023-12-31 | 0001104659-24-039706 ↗ |
| 20-F | 2023-03-29 | 2022-12-31 | 0001104659-23-038310 ↗ |