Endurance Gold (EDG) AI Stock Analysis

• Market Cap: C$28.21M
• Dividend Yield: N/A
• Average Volume (3M): 30.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: N/A
• EPS Growth: 75.00%
• Country: CA
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 79
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 176,296,040
• 10 Day Avg. Volume: 18,789
• 30 Day Avg. Volume: 30,699
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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$0.50
• Price Target Upside: 212.50% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Endurance Gold's overall stock score of 57 reflects a blend of strengths and challenges. The company's strong equity position and absence of debt provide financial stability, yet the lack of revenue and negative earnings weigh heavily on its financial performance. Positive technical indicators suggest upward momentum, but valuation remains a concern due to the negative P/E ratio. Recent corporate events provide a positive outlook, potentially enhancing the company's market position and investor interest.

Positive Factors

Exploration and Initiatives

EDG announced plans for its 2025 exploration campaign which includes up to 7,000m of diamond drilling, amongst several other key initiatives.

Market Upgrade

EDG has successfully been upgraded from the OTC Pink Market to the OTCQB where it will trade under the symbol 'ENDGF'.

Resource Expansion

EDG reported assay results for the deepest drill hole to date, successfully intersecting a new high-grade zone, the ‘Lower Imperial Zone’.

Negative Factors

Pending Assays

The 2024 drill program is now complete for 7,303m drilled with assays still pending for 10 remaining holes.

Supply Concerns

Domestic supply concerns have arisen amongst China banning exports, impacting antimony prices.

Endurance Gold Business Overview & Revenue Model

Company Description

Endurance Gold Corporation is a Canadian-based mineral exploration company focused on the acquisition, exploration, and development of highly prospective and underexplored gold properties in North America. The company aims to discover and advance potential gold deposits, leveraging its technical expertise and strategic partnerships to maximize shareholder value.

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

Endurance Gold's financial performance is typical for an exploration-focused mining company, characterized by zero revenue and negative earnings. The company has a strong equity position and no debt, providing financial stability. However, the absence of revenue and ongoing negative free cash flow present challenges.

Income Statement

Endurance Gold has consistently reported zero revenue, which is typical for early-stage mining companies focused on exploration. The company's net income remains negative, with the TTM showing a net loss of $980,328. The EBIT and EBITDA margins are also negative, suggesting ongoing operational challenges. The absence of revenue growth impacts the overall income statement performance.

Balance Sheet

The balance sheet reflects a solid equity position with stockholders' equity of $15,977,102 in the TTM period. The company has no debt, which eliminates leverage risks. The equity ratio is high, indicating that the company is primarily financed through equity. This stability in equity is a positive sign for investors, despite the lack of revenue generation.

Cash Flow

The cash flow statement shows improvements in operating cash flow, with $891,154 reported in the TTM. However, the free cash flow remains negative, at -$1,405,809, due to high capital expenditures. The company has managed to secure positive financing cash flow, which supports its operations. The cash flow performance is mixed, with strengths in financing and weaknesses in free cash flow management.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00
	EBIT
-553.01K	-1.18M	-1.26M	-205.97K	-278.50K
	EBITDA
-523.10K	7.33K	514.95K	-1.95M	-306.33K
	Net Income Common Stockholders
-1.11M	-3.47M	-3.02M	1.55M	-246.58K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
802.63K	2.92M	2.76M	4.44M	3.24M
	Total Assets
12.26M	11.99M	7.60M	7.29M	5.03M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-401.76K	-1.86M	-513.87K	-505.20K	-52.18K
	Total Liabilities
280.63K	171.52K	304.88K	182.81K	175.26K
	Stockholders Equity
11.98M	11.82M	7.30M	7.11M	4.85M
Cash Flow		Free Cash Flow
-2.54M	-4.47M	-2.22M	-1.16M	-289.90K
	Operating Cash Flow
192.19K	-570.02K	-814.80K	-459.87K	-140.75K
	Investing Cash Flow
-2.72M	-3.87M	-1.42M	289.20K	-87.61K
	Financing Cash Flow
1.07M	5.78M	2.25M	623.68K	0.00

Endurance Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.16
• 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 0.16 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.14, and above the 200-day MA of 0.14, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.42 is Neutral, neither overbought nor oversold. The STOCH value of 61.67 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
THX	82 Outperform	C$431.82M	3.40	57.36%	―	39.36%	746.02%
KNT	80 Outperform	C$3.22B	20.79	26.82%	―	77.93%	236.93%
SSL	68 Neutral	$3.58B	179.48	1.00%	0.67%	-0.35%	-65.11%
Sector *	60 Neutral	$2.82B	11.31	0.21%	8508.30%	6.32%	-13.73%
EDG	57 Neutral	C$28.21M	―	-2.30%	―	―	75.00%
MUX	52 Neutral	$437.95M	3.61	-8.76%	―	4.96%	-182.95%
SEA	46 Neutral	$1.65B	―	-3.92%	―	―	1.89%

Endurance Gold Corporate Events

Endurance Gold Reports Significant Antimony Results from Reliance Project

Endurance Gold Corporation announced significant antimony results from its Reliance Gold Project, highlighting a notable interval of 19.2% antimony and 2.16 grams per tonne (gpt) gold over 0.5 meters in the 2024 drilling. This marks a strategic shift in the company’s reporting to include both gold and antimony results, reflecting the growing interest in Canada’s strategic mineral resources. The recalculated assay composites from previous drilling and sampling activities indicate a composite average sampled length of 10.1 meters with a weighted average grade of 4.55 gpt gold and 0.20% antimony, potentially enhancing the project’s value and positioning Endurance Gold favorably in the market.

Endurance Gold to Present at Key Mining Conventions

Endurance Gold Corporation announced its participation in the Red Cloud Pre-PDAC Mining Showcase and the PDAC 2025 Investors Exchange. These events will provide the company with the opportunity to present their Reliance Gold-Antimony Project to potential investors, highlighting its high-grade gold discovery in British Columbia. The company’s involvement in these prominent mining conventions may enhance its visibility and attract investment, potentially impacting its operations and industry standing.