Endurance Gold Corp (TSE:EDG)
:EDG
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Endurance Gold
(EDG)
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Rating:54Neutral
Price Target:
C$0.76
▲(51.00% Upside)
Action:ReiteratedDate:02/03/26
The score is held back mainly by weak fundamentals (no revenue and persistent cash burn) and an expensive-looking valuation (very high P/E, no dividend support). These are partially offset by a strong balance sheet (no debt) and favorable technicals (price above key moving averages with positive MACD), though momentum indicators are overbought and increase pullback risk.
Positive Factors
Zero debt / strong capitalization
Being unlevered gives Endurance durable financial flexibility: it lowers solvency and interest risk, preserves optionality to fund exploration or structure joint ventures, and improves resilience through cyclical commodity downturns without debt-servicing burdens.
Negative Factors
No revenue base
As an exploration-stage firm, Endurance lacks operating revenue, meaning progress depends on capital markets or partners. This structural absence of revenue limits self-funding, raises dilution risk from future raises, and constrains sustainable operating scale until resources are developed or sold.
Read all positive and negative factors
Positive Factors
Negative Factors
Zero debt / strong capitalization
Being unlevered gives Endurance durable financial flexibility: it lowers solvency and interest risk, preserves optionality to fund exploration or structure joint ventures, and improves resilience through cyclical commodity downturns without debt-servicing burdens.
Read all positive factors
Endurance Gold (EDG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$88.15M
Dividend YieldN/A
Average Volume (3M)96.71K
Price to Earnings (P/E)―
Beta (1Y)1.28
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)0.00
Shares Outstanding176,296,040
10 Day Avg. Volume138,213
30 Day Avg. Volume96,712
Financial Highlights & Ratios
PEG Ratio0.97
Price to Book (P/B)1.41
Price to Sales (P/S)0.00
P/FCF Ratio-56.21
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 Upside80.00% 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
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 o...
Endurance Gold Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
78
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
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
Neutral
0.50
Price Trends
0.60
Negative
0.46
Positive
0.35
Positive
Market Momentum
-0.03
Negative
46.39
Neutral
71.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EDG, the sentiment is Neutral. The current price of 0.5 is below the 20-day moving average (MA) of 0.50, below the 50-day MA of 0.60, and above the 200-day MA of 0.35, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 46.39 is Neutral, neither overbought nor oversold. The STOCH value of 71.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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% | |
54 Neutral | C$88.15M | -167.95 | 5.02% | ― | ― | ― | |
51 Neutral | C$54.03M | 37.79 | 2.53% | ― | ― | ― | |
48 Neutral | C$78.18M | -8.79 | -78.97% | ― | ― | -592.74% | |
47 Neutral | C$29.82M | -13.22 | -15.36% | ― | ― | ― | |
46 Neutral | C$45.37M | -142.49 | -2.99% | ― | ― | ― | |
43 Neutral | C$57.35M | -13.21 | -22.48% | ― | ― | 28.32% |
* General Sector Average
TSE:EDG
Endurance Gold
0.50
0.37
270.37%
TSE:GFG
GFG Resources
0.15
-0.04
-21.05%
TSE:GLDC
Cassiar Gold
0.53
0.34
171.79%
TSE:VIO
Vior Inc.
0.13
-0.03
-18.75%
TSE:KLDC
Warrior Gold Inc
0.19
0.15
362.50%
TSE:LVX
Leviathan Gold
0.58
0.39
213.51%
Endurance Gold Corporate Events
Business Operations and Strategy
Endurance Gold Extends Royal Shear Trend With New Anomaly at Reliance Project
Positive
Jan 21, 2026
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 structura...
Business Operations and StrategyFinancial Disclosures
Endurance Gold Unveils First 1.45-Million-Ounce Inferred Resource at Reliance Project
Positive
Jan 19, 2026
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-surfac...
Business Operations and StrategyPrivate Placements and Financing
Endurance Gold Boosts Liquidity Efforts and Receives $960,000 from Warrant Exercise
Positive
Jan 6, 2026
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$8,5...
Business Operations and Strategy
Endurance Gold Expands Crown Zone with Promising Drill Results
Positive
Nov 6, 2025
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 expand...
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.