Endurance Gold (EDG) AI Stock Analysis

• Market Cap: C$35.26M
• Dividend Yield: N/A
• Average Volume (3M): 40.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.90
• Revenue Growth: N/A
• EPS Growth: 75.00%
• Country: CA
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 55
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 176,296,040
• 10 Day Avg. Volume: 28,215
• 30 Day Avg. Volume: 40,267
• PEG Ratio: 0.14
• Price to Book (P/B): 0.68
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.43
• 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: 150.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 57 Neutral
• Price Target: ―

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

Commodity Prices

Antimony prices have been surging, up over 250% in 2024 and recently, domestic supply concerns have arisen amongst China banning exports.

Exploration Success

The first drill hole of the 2025 season intersected a wide strongly mineralized portion of the Imperial Zone within an 185m undrilled gap of the Royal shear.

Market Upgrade

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

Negative Factors

Re-calculated Assays

The 199 re-calculated assays across 108 DDH, 84 RC, and 24 roadcut channel samples resulted in a composite average sampled length of 10.1m and a weighted average grade of 4.55 g/t Au and 0.20% Sb, boosting the gold equivalent grade by ~20% to 4.97 g/t AuEq.

Resource Gap

Endurance Gold plans to report an inaugural ‘open pit’ mineral resource.

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 reflects its status as an exploration-focused mining company. The lack of revenue and negative earnings indicate challenges in monetizing exploration activities. However, the company's strong equity position and absence of debt provide financial stability. Cash flow improvements are encouraging, but ongoing negative free cash flow requires attention.

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	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	-1.01M	-330.00K	-523.00K	7.33K	514.95K	-1.95M
Net Income	-980.23K	-330.00K	-1.11M	-2.32M	-3.02M	1.55M
Balance Sheet
Total Assets	16.93M	16.89M	12.26M	11.99M	7.60M	7.29M
Cash, Cash Equivalents and Short-Term Investments	4.49M	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	956.30K	152.01K	280.63K	171.52K	304.88K	182.81K
Stockholders Equity	15.98M	16.73M	11.98M	11.82M	7.30M	7.11M
Cash Flow
Free Cash Flow	-1.41M	-418.74K	-2.54M	-4.47M	-2.22M	-1.16M
Operating Cash Flow	891.15K	-418.74K	192.19K	-570.02K	-814.80K	-459.87K
Investing Cash Flow	-2.26M	-2.64M	-2.72M	-3.87M	-1.42M	289.20K
Financing Cash Flow	4.33M	4.08M	1.07M	5.78M	2.25M	623.68K

Endurance Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 0.2 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.18, and above the 200-day MA of 0.15, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.59 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 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	83 Outperform	C$504.89M	3.16	62.25%	9.37%	72.71%	514.32%
KNT	77 Outperform	C$3.61B	14.31	39.28%	―	105.06%	481.75%
SSL	73 Outperform	C$3.63B	90.69	2.05%	0.65%	6.23%	36.40%
Sector *	63 Neutral	$6.87B	19.10	-1.13%	7.17%	4.77%	-25.03%
EDG	57 Neutral	C$35.26M	―	-4.54%	―	―	75.00%
MUX	55 Neutral	$504.78M	3.61	-6.15%	―	-2.18%	-137.21%
SEA	46 Neutral	$1.94B	―	-1.46%	―	―	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.