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Endurance Gold
(EDG)
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Rating:42Neutral
Price Target:
C$0.43
▼(-11.04% Downside)
Action:Reiterated
Date:06/01/26
The score is primarily constrained by weak financial performance (no revenue, operating losses, and ongoing cash burn) despite a debt-free balance sheet. Technical indicators are mixed but lean bearish with negative MACD and price below key medium-term averages. Valuation also detracts due to an extremely high P/E and no dividend support.
Positive Factors
Debt-free balance sheet
A zero-debt capital structure materially lowers financial risk for an exploration company, reducing interest burden and default risk. This provides flexibility to fund drilling and geological programs via equity or project financing and preserves optionality through commodity cycles.
Negative Factors
No operating revenue
Lack of operating revenue means the company cannot self-fund activities and must rely on external capital. Persistent negative operating profitability limits internal reinvestment, elevates dilution and project-completion risk until a commercial resource or JV monetization occurs.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt capital structure materially lowers financial risk for an exploration company, reducing interest burden and default risk. This provides flexibility to fund drilling and geological programs via equity or project financing and preserves optionality through commodity cycles.
Read all positive factors
Endurance Gold (EDG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$93.01M
Dividend YieldN/A
Average Volume (3M)96.71K
Price to Earnings (P/E)226.2
Beta (1Y)1.22
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)<0.01
Shares Outstanding200,024,640
10 Day Avg. Volume138,213
30 Day Avg. Volume96,712
Financial Highlights & Ratios
PEG Ratio-0.75
Price to Book (P/B)3.55
Price to Sales (P/S)0.00
P/FCF Ratio-19.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.90Price Target Upside87.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Endurance Gold Business Overview & Revenue Model
Company Description
Based in Vancouver, Canada, Endurance Gold Corporation, established in 2003, is dedicated to the exploration and development of mineral properties throughout North America. The company's key interests lie in discovering deposits of gold, niobium, ...
How the Company Makes Money
null...
Endurance Gold Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
66
Positive
Cash Flow
34
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
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 |
| EBITDA | -456.23K | -330.00K | -523.00K | 7.33K | 514.95K |
| Net Income | 384.88K | -330.00K | -1.11M | -2.32M | -3.02M |
Balance Sheet | |||||
| Total Assets | 17.53M | 16.89M | 12.26M | 11.99M | 7.60M |
| Cash, Cash Equivalents and Short-Term Investments | 410.73K | 2.44M | 802.63K | 2.92M | 2.76M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 394.31K | 152.01K | 280.63K | 171.52K | 304.88K |
| Stockholders Equity | 17.14M | 16.73M | 11.98M | 11.82M | 7.30M |
Cash Flow | |||||
| Free Cash Flow | -3.12M | -418.74K | -2.54M | -4.47M | -2.22M |
| Operating Cash Flow | -539.67K | -418.74K | 192.19K | -570.02K | -814.80K |
| Investing Cash Flow | -504.38K | -2.64M | -2.72M | -3.87M | -1.42M |
| Financing Cash Flow | 0.00 | 4.08M | 1.07M | 5.78M | 2.25M |
Endurance Gold Technical Analysis
Positive
0.48
Price Trends
0.45
Positive
0.47
Positive
0.43
Positive
Market Momentum
<0.01
Negative
56.51
Neutral
56.86
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 0.48 is above the 20-day moving average (MA) of 0.45, above the 50-day MA of 0.45, and above the 200-day MA of 0.43, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.51 is Neutral, neither overbought nor oversold. The STOCH value of 56.86 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$69.97M | -62.50 | -2.67% | ― | ― | -159.70% | |
46 Neutral | C$62.78M | -7.51 | -35.00% | ― | ― | 1.72% | |
45 Neutral | C$61.37M | -6.41 | -83.71% | ― | ― | 20.17% | |
45 Neutral | C$41.56M | 50.00 | 1.27% | ― | ― | ― | |
43 Neutral | C$56.55M | -5.66 | -15.36% | ― | ― | -58.65% | |
42 Neutral | C$93.01M | 226.19 | 1.89% | ― | ― | ― |
* General Sector Average
TSE:EDG
Endurance Gold
0.48
0.25
111.11%
TSE:GFG
GFG Resources
0.22
0.05
33.33%
TSE:GLDC
Cassiar Gold
0.37
0.11
46.00%
TSE:VIO
Vior Inc.
0.10
-0.02
-20.83%
TSE:KLDC
Warrior Gold Inc
0.28
0.18
180.00%
TSE:LVX
Leviathan Gold
0.56
0.21
60.00%
Endurance Gold Corporate Events
Private Placements and FinancingRegulatory Filings and Compliance
Endurance Gold insider updates stake as dilution trims control position
Neutral
Apr 14, 2026
Endurance Gold Corporation has disclosed a change in insider holdings after director and control person H. Ross Arnold exercised stock options to acquire 250,000 common shares at an exercise price of $0.34, originally granted in April 2021. Despit...
Business Operations and StrategyPrivate Placements and Financing
Endurance Gold Raises $2.8 Million From Insider Warrant and Option Exercises
Positive
Apr 10, 2026
Endurance Gold Corporation announced it has raised $2.8 million through the exercise of 7,000,000 warrants at $0.32 and 1,650,000 stock options at $0.34, all exercised by company insiders. The fresh capital will bolster general working capital and...
Business Operations and Strategy
Endurance Gold Launches Multi-Rig 2026 Drill Program at Reliance Project
Positive
Apr 8, 2026
Endurance Gold Corporation is advancing its 100%-owned Reliance Gold Project in British Columbia, a road-accessible asset near the historic Bridge River Mining Camp with an inferred mineral resource of 19.6 million tonnes grading 2.30 grams per to...
Business Operations and StrategyPrivate Placements and Financing
Endurance Gold Raises C$8.3 Million in Oversubscribed Flow-Through and Unit Financing
Positive
Mar 11, 2026
Endurance Gold Corporation has completed an oversubscribed best efforts private placement, raising approximately C$8.34 million through a mix of flow-through units and hard-dollar units priced at C$0.955 and C$0.65 respectively. Each unit includes...
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.