Element79 Gold Corp. Uplists to OTCQB Venture Market

Element79 Gold Corp. ( (TSE:ELEM) ) has issued an announcement.

Element79 Gold Corp. has successfully uplisted its common shares from the OTC Pink market to the OTCQB Venture Market, effective May 14, 2025. This move is expected to enhance the company’s visibility among investors and improve stock liquidity as it advances its Lucero project in Peru and completes the spinout of its Dale property. The uplisting marks a significant milestone in Element79’s commitment to corporate transparency and expanding its investor base.

Spark’s Take on TSE:ELEM Stock

According to Spark, TipRanks’ AI Analyst, TSE:ELEM is a Underperform.

Element79 Gold Corp. faces substantial challenges, reflected in its low overall score. The company’s financial performance is weak, with no revenue and ongoing losses, raising sustainability concerns. Technical analysis indicates bearish trends, and valuation metrics are unattractive with negative earnings. Despite some positive corporate events, compliance issues like the MCTO weigh heavily on investor sentiment. Strategic improvements are needed for financial stability and stock performance enhancement.

To see Spark’s full report on TSE:ELEM stock, click here.

More about Element79 Gold Corp.

Element79 Gold Corp. is a mining company focused on exploring and developing its high-grade gold and silver project, Lucero, in Peru. The company is dedicated to responsible mining practices and sustainable development while maintaining strong community relationships. It also holds exploration projects in Nevada’s Battle Mountain trend and has transferred its Dale Property in Ontario to its subsidiary, Synergy Metals Corp.

Average Trading Volume: 313,004

Technical Sentiment Signal: Sell

Current Market Cap: C$1.62M

See more insights into ELEM stock on TipRanks’ Stock Analysis page.