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E79 Gold Mines Limited
(Sydney:E79)
E79 Gold Mines Limited (E79) vs. iShares MSCI Australia ETF (EWA)
E79 Gold Mines Limited Business Overview & Revenue Model
E79 Gold Mines Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 100.00K | 267.87K | 0.00 | 7.18K | 0.00 | 5.44K |
| Gross Profit | 38.64K | 267.87K | -140.16K | -61.23K | -31.31K | 5.44K |
| EBITDA | -1.82M | -1.82M | -2.60M | -3.99M | -2.30M | 139.65K |
| Net Income | -1.86M | -1.86M | -2.74M | -4.06M | -2.33M | 22.73K |
Balance Sheet | ||||||
| Total Assets | 5.92M | 5.92M | 5.88M | 8.41M | 10.46M | 2.72M |
| Cash, Cash Equivalents and Short-Term Investments | 2.11M | 2.11M | 2.09M | 4.50M | 6.89M | 2.67M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 315.75K | 315.75K | 200.18K | 783.66K | 377.81K | 48.98K |
| Stockholders Equity | 5.60M | 5.60M | 5.68M | 7.63M | 10.08M | 2.68M |
Cash Flow | ||||||
| Free Cash Flow | -1.75M | -1.75M | -3.11M | -3.67M | -2.07M | -101.83K |
| Operating Cash Flow | -1.65M | -1.65M | -3.00M | -3.35M | -1.83M | -101.83K |
| Investing Cash Flow | -7.15K | -7.15K | -104.85K | -318.81K | -240.59K | 132.26K |
| Financing Cash Flow | 1.68M | 1.68M | 698.20K | 1.28M | 6.28M | -20.25K |
E79 Gold Mines Limited Technical Analysis
E79 Gold Mines Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | ― | -1.97 | -33.01% | ― | ― | 53.27% | |
51 Neutral | AU$7.53M | -2.89 | -127.51% | ― | 168.85% | 13.51% | |
45 Neutral | AU$9.90M | -4.88 | -131.62% | ― | ― | 65.32% | |
44 Neutral | AU$44.99M | -25.23 | -51.49% | ― | ― | 5.93% | |
44 Neutral | AU$9.11M | -1.08 | -898.12% | ― | ― | -34.64% | |
43 Neutral | AU$3.97M | -1.18 | -37.62% | ― | ― | 76.76% |
E79 Gold Mines Limited Corporate Events
E79 Gold Mines Limited has completed a high-resolution ground gravity survey across its newly acquired Cue Gold Project in Western Australia’s Murchison Gold Province, a region known for high-grade quartz reef–hosted gold deposits. The survey, comprising 3,474 gravity stations on a 100–200 metre grid, is designed to map gold-mineralised structural corridors beneath shallow cover, leveraging a technique that has proven successful in delineating high-grade gold-bearing structures at neighbouring operations including Day Dawn and Break of Day. The new gravity data will be integrated with re-processed historical magnetic datasets over the next two to three weeks to generate and refine priority drill targets, marking a key step in advancing E79 Gold’s exploration program and potentially elevating the project’s role within a well-endowed gold district.
The most recent analyst rating on (AU:E79) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on E79 Gold Mines Limited stock, see the AU:E79 Stock Forecast page.
E79 Gold Mines reported a net operating cash outflow of A$488,000 for the December 2025 quarter and A$1.315 million for the half year, largely driven by exploration and evaluation spending and associated staff, administrative and corporate costs, while investing cash outflows of A$147,000 included payments related to the acquisition of Cue Metals Pty Ltd and the exercise of an option over Cue tenements. These expenditures were funded by A$3.115 million raised from equity issues during the quarter, resulting in a net positive cash movement from financing activities that strengthened the company’s cash position and underpinned its capacity to continue exploration and advance its recently acquired projects, an important consideration for shareholders tracking funding runway and project momentum in a capital-intensive exploration environment.
The most recent analyst rating on (AU:E79) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on E79 Gold Mines Limited stock, see the AU:E79 Stock Forecast page.
E79 Gold Mines Limited has strengthened its Western Australian portfolio with the acquisition of the Cue Gold Project in the Murchison Region, adjacent to the high-grade Day Dawn goldfield and sharing similar geology to nearby producing mines. The company has commenced a high-resolution ground gravity survey across Cue to identify high-grade gold-bearing structures, advanced its Laverton South and Northern Territory Mountain Home projects with encouraging exploration results and improved site access, completed a A$3 million capital raise and ended the quarter with A$3.6 million in cash, while appointing Matthew Bowles as a non-executive director to help drive the newly acquired project forward.
The most recent analyst rating on (AU:E79) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on E79 Gold Mines Limited stock, see the AU:E79 Stock Forecast page.
E79 Gold Mines Limited has initiated a high-resolution gravity survey at its newly acquired Cue Gold Project in Western Australia. This survey aims to map gold mineralized structures and is expected to enhance geological interpretation and target generation. The project is located in a region known for high-grade gold deposits, and the survey’s results are anticipated to define priority drill targets, potentially unlocking significant exploration potential.
E79 Gold Mines Limited has exercised its option to acquire the Cue Gold Project in Western Australia, marking a significant step in its exploration efforts. This acquisition involves six tenements and will lead to immediate exploration activities, including a gravity survey to map gold-fertile structures. The project is strategically located near historically productive gold mines, enhancing its potential value. E79 Gold plans an aggressive exploration program to unlock the project’s full potential, with updates to be provided to shareholders in the coming weeks.
E79 Gold Mines Limited has issued 3,952,570 ordinary fully paid shares without a disclosure document, in accordance with Section 708 of the Corporations Act 2001. The company confirms its compliance with relevant provisions of the Act and states there is no excluded information that needs to be disclosed, indicating a transparent approach to its financial operations.
E79 Gold Mines Limited has announced the appointment of Matthew Bowles as a director, effective December 4, 2025. Bowles holds significant interests in the company, including 178 fully paid ordinary shares and a substantial number of shares through Atlantic Capital Pty Ltd. The announcement also details a binding agreement for E79 Gold to acquire 90% of Cue Metals Pty Ltd, with Bowles and related entities set to receive additional shares upon completion of certain milestones. This move is expected to strengthen E79 Gold’s strategic position in the mining sector.
E79 Gold Mines Limited has issued 14,285,714 ordinary fully paid shares without a disclosure document under Section 708 of the Corporations Act 2001. The company confirms compliance with relevant provisions of the Corporations Act and states there is no excluded information that requires disclosure, indicating a transparent and compliant approach to its share issuance.
E79 Gold Mines Limited has announced the quotation of 14,285,714 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of December 4, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially impacting its operational capabilities and stakeholder interests positively.
E79 Gold Mines Limited has successfully completed the acquisition of Cue Metals and the rights to the Cue Gold Project, marking a significant step in its expansion strategy. The company plans to commence an aggressive exploration program, including a high-resolution gravity survey, to unlock the value of the Cue Gold Project. Additionally, Matthew Bowles, an experienced resources executive, has joined the board as a Non-Executive Director, bringing valuable expertise to the company’s corporate growth and exploration efforts.
E79 Gold Mines Limited announced a change in the director’s interest, with Peter Ironside acquiring 4,761,905 fully paid ordinary shares through a placement participation approved by shareholders. This acquisition, valued at $100,000, increases Ironside’s indirect holdings significantly, reflecting a strategic move to strengthen his investment in the company.
E79 Gold Mines Limited announced a change in the director’s interest, with Christopher Cairns acquiring 476,190 fully paid ordinary shares through Goldwork Asset Pty Ltd. This acquisition reflects a strategic move to consolidate interests and potentially strengthen the company’s market position, signaling confidence in the company’s future prospects.
E79 Gold Mines Limited announced a change in the director’s interest, with Deborah Lord acquiring an additional 238,095 fully paid ordinary shares valued at $5,000. This acquisition increases the total securities held indirectly by Julian Goldsworthy and Deborah Lord, potentially strengthening their influence within the company and reflecting confidence in the company’s future prospects.
E79 Gold Mines Limited has announced the issuance of 108,730,175 ordinary fully paid shares without a disclosure document, in accordance with Section 708 of the Corporations Act 2001. The company confirms compliance with relevant provisions of the Act, indicating transparency and adherence to regulatory requirements, which may reassure stakeholders about the company’s governance and operational integrity.
E79 Gold Mines Limited has announced the application for the quotation of 108,730,175 ordinary fully paid securities on the ASX, with the issue date set for December 2, 2025. This move is part of previously announced transactions and is expected to impact the company’s operations by potentially increasing its market capitalization and liquidity, thereby strengthening its position in the gold mining industry.
E79 Gold Mines Limited presented an overview of its activities and operations, emphasizing the exploration potential of its projects in Western Australia. The company highlighted the involvement of a Competent Person in compiling exploration results, ensuring adherence to the Australasian Code for Reporting of Exploration Results. The announcement underscores the company’s commitment to transparency and accuracy in its reporting, which may positively impact stakeholder confidence.
E79 Gold Mines Limited announced a change in the director’s interest, specifically concerning Deborah Lord. The notice details the acquisition of 600,000 unlisted options and the lapse of 500,000 options, reflecting adjustments in the director’s securities holdings. This change could impact the company’s governance and potentially influence investor perceptions regarding the management’s confidence in the company’s future prospects.
E79 Gold Mines Limited announced a change in the director’s interest, specifically involving Peter Ironside. The change includes the acquisition of 600,000 unlisted options and the lapse of 500,000 options, as approved by shareholders at the company’s AGM. This adjustment in securities holdings reflects strategic financial maneuvers that could influence the company’s operational dynamics and stakeholder interests.
E79 Gold Mines Limited announced the cessation of 3,700,000 securities due to the expiry of options without exercise or conversion as of November 30, 2025. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and future growth prospects.
E79 Gold Mines Limited announced the issuance of 2,800,000 unlisted options with an exercise price of $0.037, expiring on November 30, 2028. This move is part of an employee incentive scheme and reflects the company’s strategy to motivate and retain talent, potentially impacting its operational efficiency and market competitiveness.
E79 Gold Mines Limited announced the issuance of 1,800,000 unlisted options with an exercise price of $0.037, set to expire on November 30, 2028. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategies and stakeholder interests.
E79 Gold Mines Limited has released an overview of its activities and operations, highlighting its exploration potential in the Murchison region. The announcement emphasizes the company’s commitment to exploring gold deposits, although it acknowledges the inherent risks and uncertainties in the mining industry. The release also notes that the company’s exploration results are based on competent geological assessments, ensuring reliability for stakeholders.
E79 Gold Mines Limited has announced significant historical drill results from the Cue Gold Project, revealing high-grade gold assays across multiple targets, including newly identified prospects. The company is set to complete the acquisition of Cue Metals and the rights to the Cue Gold Project, pending shareholder approval. This acquisition will allow E79 Gold to advance its exploration activities, with plans to initiate a ground gravity program to map gold-fertile structures. The discovery of high-grade drill holes enhances the project’s potential and positions E79 Gold favorably in an under-explored gold-rich region, with expectations of further exploration and development in 2026.
E79 Gold Mines Limited announced promising results from its recent air-core drilling program at the Laverton South Gold Project in Western Australia. The results revealed anomalous gold below the regional paleochannel, indicating potential for deeper gold discoveries. Additionally, prospectors found numerous small gold nuggets on the Pinjin North tenements, further enhancing the area’s prospectivity. These findings could positively impact E79 Gold’s exploration efforts and industry positioning by highlighting the potential for significant gold mineralization in the region.