E79 Gold Mines Limited (AU:E79)
ASX:E79
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E79 Gold Mines Limited
(Sydney:E79)
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Select Model
Rating:43Neutral
Price Target:
AU$0.03
▼(-6.67% Downside)
Action:ReiteratedDate:03/24/26
The score is weighed down primarily by weak financial performance (minimal revenue, ongoing losses, and continued cash burn implying financing/dilution risk) and bearish technicals (trading below key moving averages with negative MACD). A debt-free balance sheet provides some offset, while valuation remains constrained by negative earnings and no stated dividend support.
Positive Factors
Debt-free balance sheet
Zero reported debt materially reduces solvency risk and provides durable financial flexibility for an exploration company. With no interest burden management can direct scarce capital to drilling and tenement advancement, extending runway versus leveraged peers during prolonged funding cycles.
Negative Factors
Persistent cash burn
Consistent negative operating cash flow (~-A$1.65m in 2025) indicates the company cannot self-fund exploration at current scale. Ongoing burn creates structural dependence on external capital, increasing dilution risk and potentially forcing program cuts if markets tighten, which constrains long-term project development.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt materially reduces solvency risk and provides durable financial flexibility for an exploration company. With no interest burden management can direct scarce capital to drilling and tenement advancement, extending runway versus leveraged peers during prolonged funding cycles.
Read all positive factors
E79 Gold Mines Limited (E79) vs. iShares MSCI Australia ETF (EWA)
Market Cap
N/A
Dividend YieldN/A
Average Volume (3M)1.50M
Price to Earnings (P/E)―
Beta (1Y)1.27
Revenue GrowthN/A
EPS Growth53.27%
CountryAU
Employees5
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding353,555,700
10 Day Avg. Volume1,622,647
30 Day Avg. Volume1,503,814
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.47
Price to Sales (P/S)9.74
P/FCF Ratio-1.49
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 kilomete...
How the Company Makes Money
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E79 Gold Mines Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 100.00K | 267.87K | 0.00 | 7.18K | 0.00 | 5.44K |
| Gross Profit | 49.89K | 267.87K | -140.16K | -61.23K | -31.31K | 5.44K |
| EBITDA | -2.43M | -1.82M | -2.60M | -3.99M | -2.30M | 139.65K |
| Net Income | -2.58M | -1.86M | -2.74M | -4.06M | -2.33M | 22.73K |
Balance Sheet | ||||||
| Total Assets | 9.02M | 5.92M | 5.88M | 8.41M | 10.46M | 2.72M |
| Cash, Cash Equivalents and Short-Term Investments | 3.58M | 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 | 387.78K | 315.75K | 200.18K | 783.66K | 377.81K | 48.98K |
| Stockholders Equity | 8.50M | 5.60M | 5.68M | 7.63M | 10.08M | 2.68M |
Cash Flow | ||||||
| Free Cash Flow | -2.47M | -1.75M | -3.11M | -3.67M | -2.07M | -101.83K |
| Operating Cash Flow | -2.36M | -1.65M | -3.00M | -3.35M | -1.83M | -101.83K |
| Investing Cash Flow | -124.86K | -7.15K | -104.85K | -318.81K | -240.59K | 132.26K |
| Financing Cash Flow | 4.61M | 1.68M | 698.20K | 1.28M | 6.28M | -20.25K |
E79 Gold Mines Limited Technical Analysis
Neutral
0.03
Price Trends
0.04
Negative
0.03
Negative
0.03
Positive
Market Momentum
>-0.01
Positive
46.79
Neutral
71.43
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:E79, the sentiment is Neutral. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.79 is Neutral, neither overbought nor oversold. The STOCH value of 71.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:E79.
E79 Gold Mines Limited Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
48 Neutral | AU$5.95M | -2.11 | -154.54% | ― | 168.85% | 13.51% | |
46 Neutral | AU$45.59M | -4.07 | -134.41% | ― | ― | 5.93% | |
43 Neutral | ― | -0.87 | -36.55% | ― | ― | 53.27% | |
43 Neutral | AU$3.22M | -0.22 | -164.84% | ― | ― | 76.76% | |
40 Underperform | AU$5.79M | -4.04 | -120.71% | ― | ― | 65.32% |
* Basic Materials Sector Average
AU:E79
E79 Gold Mines Limited
0.03
-0.01
-31.58%
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0.24
600.00%
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Ragusa Minerals Ltd
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76.47%
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0.00%
E79 Gold Mines Limited Corporate Events
E79 Gold Mines Releases Half-Year Financial Report for December 2025
Mar 9, 2026
E79 Gold Mines Limited has released its half-year report for the six months ended 31 December 2025, providing investors with updated financial statements and a review of operations. The report package includes directors’ commentary, audited ...
E79 Gold Mines Director Increases Stake Following Cue Project Milestone
Feb 5, 2026
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 C...
E79 Gold Mines Issues New Shares Under Section 708A Notice
Feb 5, 2026
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 a...
E79 Gold Mines Seeks ASX Quotation for 28.6 Million New Shares
Feb 5, 2026
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, ...
E79 Gold Issues Milestone Shares as Cue Metals Tenement Transfer Completed
Feb 5, 2026
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...
E79 Gold Completes High-Resolution Gravity Survey at Cue Gold Project
Feb 1, 2026
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...
E79 Gold Mines Strengthens Cash Position with Equity Raise Amid Ongoing Exploration Spend
Jan 28, 2026
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, ...
E79 Gold Bolsters WA Portfolio with Strategic Cue Gold Acquisition and Capital Raise
Jan 28, 2026
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...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.