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Evergold Overhauls Leadership and Sharpens Focus on Golden Lion Project

Story Highlights
  • Evergold overhauls its leadership team, appointing Alex Walcott CEO and Leon Ho CFO.
  • Post-restructuring, Evergold refocuses on its Golden Lion project, backed by an OreGroup partnership.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Evergold Overhauls Leadership and Sharpens Focus on Golden Lion Project

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An announcement from Evergold Corp ( (TSE:EVER) ) is now available.

Evergold Corp. has completed a major reset of its management team and board, appointing director and geophysicist Alex Walcott as President and CEO, promoting Chief Exploration Officer Charles James “Charlie” Greig to Executive Chairman, and naming Leon Ho as Chief Financial Officer, while former CEO Kevin Keough and CFO Tracy Albert depart the company. These changes, which follow a 2025 corporate restructuring that left Evergold with about 13 million shares outstanding and high insider ownership, are part of a broader repositioning centered on its Golden Lion project in the Toodoggone district and supported by a new strategic partnership with OreGroup to sharpen capital markets, investor engagement, and corporate development as the company advances a drill-focused exploration program for 2026.

The most recent analyst rating on (TSE:EVER) stock is a Hold with a C$0.37 price target. To see the full list of analyst forecasts on Evergold Corp stock, see the TSE:EVER Stock Forecast page.

Spark’s Take on TSE:EVER Stock

According to Spark, TipRanks’ AI Analyst, TSE:EVER is a Neutral.

The score is held back primarily by very weak financial performance (no revenue, persistent losses, and ongoing cash burn despite no reported debt). Technicals are a key positive with the stock trading above major moving averages and positive MACD, but valuation is constrained by a negative P/E and no dividend yield data.

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

More about Evergold Corp

Evergold Corp. is a Canadian mineral exploration company focused on advancing its 100%-owned Golden Lion gold-silver project in British Columbia’s prolific Toodoggone mining district. The company is targeting the potentially large-scale GL1 Main Zone gold-silver discovery, where previous drilling has outlined a near-surface, epithermal-style system with significant width and high-grade domains, alongside additional copper and copper-gold-silver vein and porphyry potential elsewhere on the property. With management now among its largest shareholders, Evergold is emphasizing a more disciplined, drill-focused exploration strategy and strengthening its capital markets capabilities.

YTD Price Performance: 92.50%

Average Trading Volume: 31,855

Technical Sentiment Signal: Buy

Current Market Cap: C$4.62M

For an in-depth examination of EVER stock, go to TipRanks’ Overview page.

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