Evergreen Lithium Ltd. (AU:EG1)
ASX:EG1
Want to see AU:EG1 full AI Analyst Report?
Top Page
Evergreen Lithium Ltd.
(Sydney:EG1)
Select Model
Select Model
Rating:43Neutral
Price Target:
AU$0.02
▼(-20.00% Downside)
Action:Upgraded
Date:06/23/26
The score is held down primarily by weak financial performance (minimal revenue, widening losses, and ongoing cash burn alongside declining equity). Technicals also remain bearish with the price below key moving averages and a negative MACD, with only a mild near-oversold RSI offset. Valuation provides limited support because the negative P/E reflects persistent losses and there is no dividend yield.
Positive Factors
Very low leverage / no debt
Zero reported debt in 2024–2025 materially reduces near-term solvency risk and interest burden. For an exploration company this preserves flexibility to allocate cash to drilling and permits, and it lowers the probability of distress over the next 2–6 months versus peers with debt.
Negative Factors
Widening net losses
Escalating losses indicate the company is burning capital faster and moving further from profitability. Over a 2–6 month horizon, larger recurring losses deepen cash strain, increase the likelihood of additional funding needs, and reduce the company's ability to self-fund exploration or development work.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage / no debt
Zero reported debt in 2024–2025 materially reduces near-term solvency risk and interest burden. For an exploration company this preserves flexibility to allocate cash to drilling and permits, and it lowers the probability of distress over the next 2–6 months versus peers with debt.
Read all positive factors
Evergreen Lithium Ltd. (EG1) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$9.84M
Dividend YieldN/A
Average Volume (3M)1.37M
Price to Earnings (P/E)―
Beta (1Y)0.18
Revenue GrowthN/A
EPS Growth-189.10%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.08
Shares Outstanding427,649,780
10 Day Avg. Volume1,355,605
30 Day Avg. Volume1,373,849
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.21
Price to Sales (P/S)0.00
P/FCF Ratio-3.66
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
Evergreen Lithium Ltd. Business Overview & Revenue Model
Company Description
Established in 2022, Evergreen Lithium Limited is an Australian company dedicated to the exploration and development of mineral deposits across the country. Its primary asset is the Bynoe Lithium project, a significant site encompassing approximat...
How the Company Makes Money
null...
Evergreen Lithium Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
24
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 28.35K | 0.00 | 0.00 |
| Gross Profit | -36.02K | -24.14K | 13.14K | 0.00 | 0.00 |
| EBITDA | -14.83M | -5.40M | -5.12M | -1.18M | -67.11K |
| Net Income | -14.87M | -5.42M | -5.14M | -1.18M | -67.11K |
Balance Sheet | |||||
| Total Assets | 4.60M | 16.89M | 21.01M | 16.32M | 17.63K |
| Cash, Cash Equivalents and Short-Term Investments | 2.14M | 5.58M | 8.69M | 6.25M | 308.00 |
| Total Debt | 0.00 | 0.00 | 0.00 | 50.00K | 2.09K |
| Total Liabilities | 237.64K | 311.68K | 779.64K | 1.25M | 391.12K |
| Stockholders Equity | 4.37M | 16.58M | 20.23M | 15.07M | -373.49K |
Cash Flow | |||||
| Free Cash Flow | -1.44M | -3.11M | -4.20M | 15.00 | -36.21K |
| Operating Cash Flow | -1.44M | -1.78M | -2.22M | 99.00 | -36.21K |
| Investing Cash Flow | -1.94M | -1.33M | -1.98M | 1.11K | 0.00 |
| Financing Cash Flow | -58.46K | 0.00 | 6.64M | 6.25M | 36.05K |
Evergreen Lithium Ltd. Technical Analysis
Negative
0.03
Price Trends
0.02
Negative
0.03
Negative
0.03
Negative
Market Momentum
>-0.01
Negative
30.00
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EG1, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 30.00 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:EG1.
Evergreen Lithium Ltd. 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% | |
47 Neutral | AU$18.58M | -31.76 | -7.13% | ― | -25.35% | 95.00% | |
45 Neutral | AU$14.35M | -5.56 | -10.22% | ― | ― | ― | |
44 Neutral | AU$5.27M | -0.31 | -247.28% | ― | ― | -766.67% | |
43 Neutral | AU$9.84M | -0.38 | -328.72% | ― | ― | -189.10% | |
43 Neutral | AU$7.35M | -2.58 | -38.97% | ― | ― | 80.00% | |
43 Neutral | AU$21.74M | -13.09 | -12.22% | ― | ― | -67.65% |
* Basic Materials Sector Average
AU:EG1
Evergreen Lithium Ltd.
0.03
>-0.01
-16.67%
AU:LIT
Lithium Australia NL
0.01
>-0.01
-9.09%
AU:EV1
Evolution Energy Minerals Limited
0.01
0.00
0.00%
AU:INF
Infinity Lithium Corporation Limited
0.01
>-0.01
-21.43%
AU:LPM
Lithium Plus Minerals Ltd.
0.11
0.05
75.00%
AU:PL3
Patagonia Lithium Limited
0.09
0.05
111.63%
Evergreen Lithium Ltd. Corporate Events
Evergold Director Simon Lill Boosts Stake with On‑Market Share Purchase
Jun 21, 2026
Evergold Minerals Limited has reported a change in director Simon Lill’s holdings, with an on‑market purchase of 2,000,000 ordinary fully paid shares at $0.0215 per share, for a total consideration of $43,000. Following this transactio...
Evergold Director Increases Indirect Stake Through Stage 2 Share Placement
May 8, 2026
Evergold Minerals Limited has reported a change in director Simon Lill’s interests, with his indirect holding increasing by 4,714,286 ordinary fully paid shares at $0.035 per share, bringing his indirect stake to 14,714,286 shares while his ...
EverGold Minerals Issues 5 Million New Unquoted Options
May 8, 2026
EverGold Minerals Limited has issued 5,000,000 unquoted options, each exercisable at $0.0525 and expiring on May 8, 2029, as notified in its latest Appendix 3G filing with the ASX. The creation of this new class of options expands the company̵...
Evergold Minerals Expands Capital Base with Tranche 2 Share Placement
May 8, 2026
Evergold Minerals has issued 83,790,379 fully paid ordinary shares at $0.035 per share under the Tranche 2 Placement approved by shareholders, alongside a further 6,571,429 shares issued to related parties on the same terms. The company stated the...
Evergold Minerals Seeks ASX Quotation for Over 6.5 Million New Shares
May 8, 2026
Evergold Minerals Limited has applied for quotation on the ASX of 6,571,429 new ordinary fully paid shares under code EG1, with an issue date of May 8, 2026. The additional securities expand the company’s quoted share capital, potentially en...
Evergold Minerals Seeks ASX Quotation for 83.8 Million New Shares
May 8, 2026
Evergold Minerals Limited has applied for the quotation of 83,790,379 ordinary fully paid shares on the ASX, with an issue date of May 8, 2026. The securities form part of a previously announced transaction, signalling a significant increase in th...
Evergold Wins Strong Shareholder Backing for Capital Measures at 2026 Meeting
Apr 30, 2026
Evergold Minerals Limited reported that all resolutions put to shareholders at its 2026 general meeting were passed by poll, confirming strong investor support for recent capital management and growth initiatives. The approved items included ratif...
Evergold Minerals consolidates Mt Monger, expands Leonora and bolsters cash for drilling
Apr 30, 2026
Evergold Minerals reported strong March quarter activity as it completed the acquisition of 100% of the Mt Monger Gold Project, consolidating its position over the Bare Hill Shear Zone and advancing exploration with a high-resolution gravity surve...
Evergold Minerals to Release 47.4 Million Escrowed Shares in May
Apr 30, 2026
Evergold Minerals has announced that a total of 47,356,039 fully paid ordinary shares currently under voluntary escrow will be released later in May, with 40,689,372 shares becoming freely tradeable on 23 May and a further 6,666,667 shares on 28 M...
Evergold Wins WA Co-Funded Grant to Drill Gladiator Prospect at Mt Monger
Apr 29, 2026
Evergold Minerals has secured a co-funded drilling grant under Western Australia’s Exploration Incentive Scheme for its Gladiator Prospect at the Mt Monger Gold Project. The grant will reimburse up to 50% of direct drilling costs, capped at ...
Evergold Minerals Options Expire Unexercised, Streamlining Capital Structure
Apr 16, 2026
Evergold Minerals Limited has announced the cessation of 500,000 options with an exercise price of $0.40, which expired unexercised on 11 April 2026. The expiry of these options reduces the company’s pool of potential dilutive securities, sl...
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.