# Austin Gold Corp. (AUST)

**Exchange:** NYSE  
**Sector:** Basic Materials  
**Market cap:** $17M  
**Price:** $1.23 (+0.82%)

> Austin Gold Corp. is an exploration-stage company concentrating on the discovery and development of high-potential gold mining properties. With its primary focus on mineral exploration, Austin Gold is dedicated to identifying and advancing promising gold projects in North America, including the United States and Canada. The company operates and assesses multiple exploration sites, working alongside seasoned geological teams and utilizing advanced technology to enhance its exploration efforts.

Notably, Austin Gold's interests span various regions known for their rich mineral deposits, which play a crucial role in bolstering its resource potential and expanding its exploration portfolio. The primary function of Austin Gold Corp. is to explore for gold, thereby contributing to the supply side of the precious metals market when successful discoveries are made.

Within the financial markets, companies like Austin Gold are pivotal in the initial phases of the mining lifecycle, providing raw materials that underpin industries ranging from jewelry to technology and finance. Their focus on exploration makes them a vital component in the sustainability and growth of the mineral resource sector, particularly crucial when targeting precious metals that are globally sought after for investment and manufacturing purposes.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | — | -$2,779 | -$2M | -$2M | $-0.12 |
| 2024 | — | -$2,082 | -$3M | -$3M | $-0.23 |
| 2023 | — | -$354 | -$2M | -$4M | $-0.30 |
| 2022 | — | -$527 | -$2M | -$1M | $-0.09 |
| 2021 | — | -$547 | -$203,145 | -$281,686 | $-0.03 |
| 2020 | — | -$316 | -$1M | -$1M | $-0.13 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $8M | $128,924 | $8M | $573,159 | — |
| 2024 | $10M | $228,698 | $9M | $381,899 | — |
| 2023 | $12M | $676,605 | $11M | $907,551 | — |
| 2022 | $15M | $97,825 | $15M | $630,623 | — |
| 2021 | $2M | $42,679 | $2M | $768,675 | — |
| 2020 | $2M | $20,927 | $2M | $1M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$2M | — | -$3M |
| 2024 | -$2M | -$11,000 | -$5M |
| 2023 | -$4M | — | -$3M |
| 2022 | -$1M | — | -$3M |
| 2021 | -$288,068 | -$406,990 | -$606,500 |
| 2020 | -$146,141 | -$325,724 | -$406,924 |

Source: [CompaniesByCap](https://companiesbycap.com/company/AUST)