Endurance Gold (EDG) AI Stock Analysis

• Market Cap: C$109.30M
• Dividend Yield: N/A
• Average Volume (3M): 96.71K
• Price to Earnings (P/E): 129.2
• Beta (1Y): 1.14
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.00
• Shares Outstanding: 176,296,040
• 10 Day Avg. Volume: 138,213
• 30 Day Avg. Volume: 96,712
• PEG Ratio: 0.97
• Price to Book (P/B): 1.41
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -56.21
• 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: C$0.90
• Price Target Upside: 45.16% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: C$0.68 ▲(10.00% Upside)

The score is held back primarily by weak financial performance (no revenue, ongoing losses, and persistent cash burn despite a debt-free balance sheet). Technicals are supportive due to strong trend and positive MACD, but extremely overbought momentum signals increase pullback risk. Valuation also detracts due to a very high P/E and no dividend yield provided.

Positive Factors

Debt-free Balance Sheet

A zero-debt capital structure removes interest burdens and reduces short-term solvency risk, giving management flexibility to pursue exploration, option deals or JV structures without servicing debt. This structural strength supports long-term project development optionality.

Growing Equity and Assets

Rising equity and asset base indicate the company is successfully adding and capitalizing exploration assets, improving balance-sheet capacity to advance projects. Stronger capitalization can increase appeal to partners and underpins longer-term value creation from discoveries.

Focused North America Exploration

Concentrated North American gold exploration targets favorable jurisdictions, accessible infrastructure and established permitting regimes, which lowers geopolitical/execution risk versus frontier plays and improves prospects for partnerships, financings and eventual project monetization.

Negative Factors

No Revenue / Exploration Stage

An absence of operating revenue means the business lacks internally generated cash to fund programs; long-term success depends on discovery-driven transactions or external funding, elevating execution risk and making operational progress contingent on financing or partner deals.

Persistent Cash Burn

Continued negative operating and free cash flow represents structural cash consumption from exploration activities. Over months this necessitates recurrent capital raises or farm-outs, which can dilute shareholders, constrain program pacing, and increase dependency on volatile funding sources.

Volatile, Non-operating Profitability

Earnings driven by non-operating items rather than sustained operating performance mask true project economics. This volatility undermines credibility with strategic partners and lenders and complicates long-term planning, making durable profitability and self-funding less certain.

Endurance Gold Business Overview & Revenue Model

Company Description

Endurance Gold Corporation explores for and develops mineral properties in North America. The company explores for gold, niobium, nickel, and rare earth metals. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Endurance Gold makes money primarily through the exploration and development of gold properties, aiming to increase the value of its assets for potential sale or joint ventures. The company generates revenue by raising funds through the issuance of shares and securing investments from strategic partners. Successful exploration efforts can lead to lucrative partnerships or sales if the properties prove to be commercially viable. Additionally, Endurance Gold might receive royalties from joint ventures or partnerships in which other companies develop the gold resources identified by Endurance Gold. The company's revenue model heavily relies on its ability to identify promising exploration targets and execute efficient exploration programs that attract investment and interest from larger mining firms.

Endurance Gold Financial Statement Overview

Summary

Balance sheet strength (zero debt, growing equity and assets) is a key positive, but the operating profile is weak: no revenue, ongoing EBIT losses, and persistently negative operating/free cash flow with recent free-cash-flow deterioration. TTM net income turned positive, but appears non-operating and not supported by cash generation.

Income Statement

The company reports no revenue across the annual periods provided, consistent with an exploration-stage profile. Profitability remains weak on an operating basis, with EBIT losses in both annual results (e.g., 2024) and TTM (Trailing-Twelve-Months). Net income is volatile—turning positive in TTM (Trailing-Twelve-Months) after losses in 2024—suggesting results are influenced by non-operating items rather than a durable earnings base.

Balance Sheet

The balance sheet is a clear strength: total debt is reported at zero across periods, leaving the company unlevered with no debt-servicing burden. Equity has grown meaningfully versus earlier years, and total assets have increased as well. Returns on equity have improved (positive in TTM (Trailing-Twelve-Months) after negative in 2024), but profitability remains inconsistent, which limits the quality of those returns despite the strong capitalization.

Cash Flow

Cash generation is a major weakness. Operating cash flow is negative in TTM (Trailing-Twelve-Months) and most annual periods, indicating ongoing cash burn. Free cash flow is also negative throughout, and it deteriorated sharply in TTM (Trailing-Twelve-Months) versus the prior annual period (negative growth), highlighting heavier spending and/or weaker cash inflows. While net income turned positive in TTM (Trailing-Twelve-Months), free cash flow remains materially negative, reinforcing that reported earnings are not translating into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-529.35K	-330.00K	-523.00K	7.33K	514.95K	-1.95M
Net Income	852.03K	-330.00K	-1.11M	-2.32M	-3.02M	1.55M
Balance Sheet
Total Assets	17.98M	16.89M	12.26M	11.99M	7.60M	7.29M
Cash, Cash Equivalents and Short-Term Investments	1.31M	2.44M	802.63K	2.92M	2.76M	4.44M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	687.19K	152.01K	280.63K	171.52K	304.88K	182.81K
Stockholders Equity	17.29M	16.73M	11.98M	11.82M	7.30M	7.11M
Cash Flow
Free Cash Flow	-3.43M	-418.74K	-2.54M	-4.47M	-2.22M	-1.16M
Operating Cash Flow	-1.51M	-418.74K	192.19K	-570.02K	-814.80K	-459.87K
Investing Cash Flow	-1.05M	-2.64M	-2.72M	-3.87M	-1.42M	289.20K
Financing Cash Flow	0.00	4.08M	1.07M	5.78M	2.25M	623.68K

Endurance Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EDG, the sentiment is Positive. The current price of 0.62 is above the 20-day moving average (MA) of 0.51, above the 50-day MA of 0.38, and above the 200-day MA of 0.26, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 65.02 is Neutral, neither overbought nor oversold. The STOCH value of 69.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:EDG.

Endurance Gold 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%
GFG	52 Neutral	C$46.89M	29.81	3.36%	―	―	―
VIO	51 Neutral	C$56.11M	21.43	4.26%	―	―	―
EDG	51 Neutral	C$109.30M	129.17	5.12%	―	―	―
LVX	49 Neutral	C$78.76M	-14.84	-42.27%	―	―	28.32%
KLDC	48 Neutral	C$41.11M	-15.00	-16.97%	―	―	―
GLDC	43 Neutral	C$61.93M	-7.41	-38.12%	―	―	-592.74%

Endurance Gold Corporate Events

Endurance Gold Extends Royal Shear Trend With New Anomaly at Reliance Project

Endurance Gold Corporation has identified a new 1,300-metre by 500-metre geochemical anomaly, dubbed the Eagle Offset Anomaly, roughly 500 metres south of its existing inferred resource at the Reliance Gold Project, suggesting a possible structural offset or sub-parallel continuation of the Royal Shear Trend and opening up a previously unexplored target area for drilling and trenching. Concurrently, the company has expanded the exploration potential on its Olympic Claims by relocating historic Kelvin and Leckie-Macgee workings, discovering three new high-grade mineralized structures, and defining the one-square-kilometre Whisky Jack soil anomaly with encouraging rock and channel samples, collectively generating multiple new drill-ready targets that could materially augment the project’s gold endowment and support further resource growth.

The most recent analyst rating on (TSE:EDG) stock is a Hold with a C$0.41 price target. To see the full list of analyst forecasts on Endurance Gold stock, see the TSE:EDG Stock Forecast page.

Endurance Gold Unveils First 1.45-Million-Ounce Inferred Resource at Reliance Project

Endurance Gold Corporation has announced an inaugural Inferred Mineral Resource Estimate for its Reliance Gold Project totaling 19.6 million tonnes grading 2.30 grams per tonne gold, containing 1.45 million ounces of gold split between near-surface open-pit and underground resources. The resource remains open for expansion along strike and at depth, initial metallurgical testwork indicates the ability to produce a high-grade marketable concentrate, and the company is planning infill and step-out drilling, further exploration of nearby targets, ongoing metallurgical optimization and commencement of economic and engineering studies toward a Preliminary Economic Assessment, signaling a key de-risking milestone and potential growth catalyst for the project and its stakeholders.

The most recent analyst rating on (TSE:EDG) stock is a Hold with a C$0.41 price target. To see the full list of analyst forecasts on Endurance Gold stock, see the TSE:EDG Stock Forecast page.

Endurance Gold Boosts Liquidity Efforts and Receives $960,000 from Warrant Exercise

Endurance Gold Corporation has engaged Generation IACP Inc. to provide market-making services for its common shares, aiming to maintain a reasonable market and improve share liquidity. The six-month renewable agreement, which pays Generation C$8,500 per month with an annual 3% fee increase and no equity compensation, is intended to support trading stability without immediately diluting existing shareholders. Separately, the company has strengthened its balance sheet with $960,000 in proceeds from the partial exercise of 3 million share purchase warrants by director and major shareholder Mr. Gilliam, underscoring insider confidence and adding non-dilutive capital that can support ongoing corporate and exploration activities.

The most recent analyst rating on (TSE:EDG) stock is a Hold with a C$0.38 price target. To see the full list of analyst forecasts on Endurance Gold stock, see the TSE:EDG Stock Forecast page.

Endurance Gold Expands Crown Zone with Promising Drill Results

Endurance Gold Corporation announced significant assay results from its Crown Zone at the Reliance Gold Project, with promising gold and antimony intersections in both the Lower and Upper Crown targets. The drilling program has successfully expanded the Crown Zone, revealing continuous mineralization along the Royal Shear trend, which is expected to enhance the project’s gold and antimony potential. The company is progressing towards its inaugural mineral resource estimate, aiming to further solidify its position in the gold mining sector.

The most recent analyst rating on (TSE:EDG) stock is a Buy with a C$0.50 price target. To see the full list of analyst forecasts on Endurance Gold stock, see the TSE:EDG Stock Forecast page.