E79 Gold Mines Limited (E79) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 1.50M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.42
• Revenue Growth: N/A
• EPS Growth: 53.27%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 353,555,700
• 10 Day Avg. Volume: 1,622,647
• 30 Day Avg. Volume: 1,503,814
• PEG Ratio: 0.03
• Price to Book (P/B): 0.47
• Price to Sales (P/S): 9.74
• P/FCF Ratio: -1.49
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: AU$0.04 ▲(33.33% Upside)
• Action: Reiterated Date: 02/14/26
• Date: Action: Reiterated 02/14/26

The score is held down primarily by weak financial performance (minimal revenue, sustained losses, and ongoing cash burn implying financing/dilution risk). Technicals are supportive with price above key moving averages and positive MACD, but valuation remains unattractive/unclear because profitability is negative and no dividend support is available.

Positive Factors

Conservative balance sheet

Zero reported debt and a meaningful equity buffer materially reduce financial distress risk for an exploration company. This conservatism preserves optionality to pursue drilling or acquisitions and provides time to find financing on better terms versus a highly levered peer.

Improving cash burn trend

A halving of operating cash outflows year-over-year indicates the business is making operational adjustments or sequencing work to lower burn. If sustained, this reduces near-term funding frequency and increases the runway for exploration programs before dilutive capital raises.

Focused gold/base-metal exploration model

A pure-play exploration focus gives investors leveraged upside to discoveries and aligns capital allocation to high-return, binary events (drilling success). Structural demand for gold and base metals supports long-term project optionality if deposits are proven economic.

Negative Factors

Sustained net losses

Material and persistent net losses erode equity and signal the business is not yet generating operating profits. Over months this forces repeated external financings or dilution, constrains strategic choices, and reduces ability to self-fund exploration or move projects toward development.

Minimal, volatile revenue base

Revenue remains tiny and inconsistent, providing no reliable operating leverage or internal funding source. For an exploration company, lack of steady revenue means long lead times to monetize assets and heightened reliance on capital markets to sustain programs and progress projects.

Weak cash generation requiring funding

Consistently negative OCF and free cash flow demonstrate the company cannot self-finance exploration. This structural cash burn increases financing frequency risk, potential dilution, and vulnerability to tighter market conditions, affecting long-term shareholder value.

E79 Gold Mines Limited Business Overview & Revenue Model

Company Description

E79 Gold Mines Limited operates as a gold exploration company. It has two flagship projects including the Laverton South project with two tenement packages, such as Lake Yindana and Pinjin, which covers an area of approximately 355 square kilometers; and the Jungar Flats project covering an area of 418 square kilometers of prospective in two proven gold producing greenstone belts in the Eastern Goldfields of Western Australia. The company was formerly known as Zamanco Minerals Limited and changed its name to E79 Gold Mines Limited in July 2021. E79 Gold Mines Limited was incorporated in 2007 and is based in Nedlands, Australia.

How the Company Makes Money

E79 Gold Mines Limited generates revenue primarily through the exploration and potential development of gold mining projects. The company's revenue model is based on discovering economically viable gold deposits that can be developed into profitable mining operations. Key revenue streams for E79 include the sale of extracted gold and, potentially, the sale or joint venture of mineral rights and projects to other mining firms. Significant partnerships with other mining companies, investment from stakeholders, and the strategic acquisition of promising exploration sites also contribute to its earnings. Additionally, the company's success in increasing its gold resource base can attract investment and partnerships, further bolstering its financial position.

E79 Gold Mines Limited Financial Statement Overview

Summary

Income statement and cash flow are very weak: revenue is minimal/volatile (A$0 in 2024, ~A$268k in 2025), losses remain large (2025 net loss ~A$1.86m), and operating/free cash flow are consistently negative (2025 OCF ~-A$1.65m; FCF ~-A$1.75m), implying ongoing funding needs. Offsetting this, the balance sheet is low risk with zero debt and meaningful equity (~A$5.6m), but returns on equity are persistently negative.

Income Statement

Revenue remains very small and volatile (A$0 in 2024, rising to ~A$268k in 2025), and profitability is consistently weak with large losses (2025 net loss ~A$1.86m). Margins are deeply negative in recent years, indicating the business is not yet operating at scale; the sharp revenue growth in 2025 is from a near-zero base and does not yet translate into improved earnings power. A prior year (2021) showed a small profit, but it has not proven durable.

Balance Sheet

The balance sheet is conservatively levered with zero debt across all reported periods, which materially reduces financial risk. Equity remains sizable (~A$5.6m in 2025) and supports operations, though it has declined from earlier periods, reflecting ongoing losses. Returns on equity are persistently negative (2025 roughly -33%), highlighting that capital is not currently generating profits despite the low leverage.

Cash Flow

Cash generation is weak, with operating cash flow negative every year and still meaningfully outflowing in 2025 (~-A$1.65m), though improved versus 2024 (~-A$3.00m). Free cash flow is also consistently negative (2025 ~-A$1.75m), implying continued funding needs. Cash burn broadly tracks accounting losses (free cash flow roughly in line with net loss), which suggests limited non-cash cushioning and reinforces the reliance on external capital until operations scale.

Breakdown	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	267.87K	0.00	7.18K	0.00	5.44K
Gross Profit	267.87K	-140.16K	-61.23K	-31.31K	5.44K
EBITDA	-1.82M	-2.60M	-3.99M	-2.30M	139.65K
Net Income	-1.86M	-2.74M	-4.06M	-2.33M	22.73K
Balance Sheet
Total Assets	5.92M	5.88M	8.41M	10.46M	2.72M
Cash, Cash Equivalents and Short-Term Investments	2.11M	2.09M	4.50M	6.89M	2.67M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	315.75K	200.18K	783.66K	377.81K	48.98K
Stockholders Equity	5.60M	5.68M	7.63M	10.08M	2.68M
Cash Flow
Free Cash Flow	-1.75M	-3.11M	-3.67M	-2.07M	-101.83K
Operating Cash Flow	-1.65M	-3.00M	-3.35M	-1.83M	-101.83K
Investing Cash Flow	-7.15K	-104.85K	-318.81K	-240.59K	132.26K
Financing Cash Flow	1.68M	698.20K	1.28M	6.28M	-20.25K

E79 Gold Mines Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:E79, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 60.13 is Neutral, neither overbought nor oversold. The STOCH value of 35.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:E79.

E79 Gold Mines Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
E79	52 Neutral	―	-2.68	-33.01%	―	―	53.27%
RAS	51 Neutral	AU$7.53M	-2.97	-127.51%	―	168.85%	13.51%
GSM	46 Neutral	AU$8.20M	-3.95	-131.62%	―	―	65.32%
PVW	44 Neutral	AU$13.69M	-0.91	-898.12%	―	―	-34.64%
SFM	43 Neutral	AU$50.47M	-28.83	-51.49%	―	―	5.93%
WSR	43 Neutral	AU$3.97M	-1.18	-37.62%	―	―	76.76%

E79 Gold Mines Limited Corporate Events

E79 Gold Mines Director Increases Stake Following Cue Project Milestone

E79 Gold Mines Limited has disclosed a significant change in the securities held by director Matthew Bowles, following the satisfaction of agreed milestones linked to the acquisition of the Cue Project. Upon the transfer of optioned tenements to Cue Metals, the company issued Deferred A Consideration Shares to Bowles both directly and indirectly via Atlantic Capital Pty Ltd, increasing his holding by 358 direct shares and 12,856,982 indirect shares, all subject to escrow through August 2026. The non-cash issuance, valued at approximately A$270,004 based on a deemed price of 2.1 cents per share, reflects progress in the Cue Project transaction structure and further aligns director interests with the company’s long-term project development outcomes.

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 Issues New Shares Under Section 708A Notice

E79 Gold Mines Limited has issued 28,571,429 new fully paid ordinary shares without a disclosure document, relying on the provisions of Section 708 of the Corporations Act 2001. The company confirmed it is up to date with its financial reporting and continuous disclosure obligations under the Corporations Act and stated there is no excluded information that would need to be disclosed, signalling that the capital raising has been conducted in compliance with regulatory requirements and without the need for a full prospectus, which may provide funding flexibility with limited additional disclosure burden for investors.

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 Seeks ASX Quotation for 28.6 Million New Shares

E79 Gold Mines Limited has applied to the ASX for quotation of 28,571,429 new ordinary fully paid shares, to be issued on 5 February 2026. The move increases the company’s quoted share capital and is part of previously flagged transactions, signalling an expansion of its equity base that may support ongoing exploration and development activities and potentially strengthen its financial position in the competitive gold sector.

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 Issues Milestone Shares as Cue Metals Tenement Transfer Completed

E79 Gold Mines Limited has issued 28,571,429 fully paid ordinary shares as Deferred A Consideration to the shareholders of Cue Metals Pty Ltd after the transfer of six tenements to Cue Metals as the registered holder, fulfilling a key milestone in its 90% acquisition of the company. The remaining Deferred B Consideration Shares are still contingent on the grant of seven additional tenements under application within three years, while Cue Metals’ remaining 10% interest remains free-carried through to completion of a feasibility study, over which E79 retains first right of refusal. With a high‑resolution gravity survey on the Cue Metals Project now completed and interpretation due within two weeks, E79 is preparing to define drill targets, plan its first drilling program, and finalise heritage agreements, marking a rapid progression toward active exploration that could enhance the project’s strategic value within the region’s established gold‑mining corridor.

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 Completes High-Resolution Gravity Survey at Cue Gold Project

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 Strengthens Cash Position with Equity Raise Amid Ongoing Exploration Spend

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 Bolsters WA Portfolio with Strategic Cue Gold Acquisition and Capital Raise

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 Launches Gravity Survey at Cue Gold Project

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 Secures Cue Gold Project, Plans Immediate Exploration

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 Issues New Shares Under Corporations Act

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 Strengthens Leadership and Expands Portfolio with New Acquisition

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 Issues Shares in Compliance with Corporations Act

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 Announces Quotation of New Securities

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 Completes Acquisition of Cue Metals and Welcomes New Director

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 Director Increases Stake with New Share Acquisition

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 Director Increases Stake in 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 Announces Change in Director’s Interest

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 Issues New Shares Under Regulatory Compliance

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 Announces Quotation of New Securities

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 Highlights Exploration Potential in Western Australia

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 Announces Change in Director’s Interest

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 Announces Director’s Interest Change

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 Announces Cessation of Securities

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 Issues Unlisted Options as Employee Incentives

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 Issues New Unlisted Options

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 Highlights Exploration Potential in Murchison

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 Unveils High-Grade Drill Results at Cue Gold Project

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.