tiprankstipranks
Trending News
More News >
Element79 Gold Corp. (TSE:ELEM)
:ELEM

Element79 Gold Corp. (ELEM) Price & Analysis

Compare
155 Followers

ELEM Stock Chart & Stats

C$0.02
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.02
C$0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Low LeverageA low debt-to-equity ratio (~0.15–0.17) reduces near-term solvency pressure and interest burden, giving management flexibility to pursue exploration or negotiate JV/option deals. This strengthens the firm's ability to fund programs via equity or partnerships without heavy debt servicing.
Flexible Monetization PathwaysAs an exploration-stage company, multiple exit routes—asset sales, JV/option agreements, royalties, or eventual mine development—provide strategic flexibility. These structural pathways let the company pursue non-dilutive partnerships or asset dispositions, aligning incentives with longer-term value realization.
Improving Loss TrajectoryA reduction in the scale of net losses and an improved cash burn trend suggest management has begun to rein in costs or focus capital more efficiently. If sustained, this extends runway and reduces near-term financing frequency, improving prospects for progressing exploration catalysts.
Bears Say
No Revenue BaseWith no operating revenue, the company cannot self-fund exploration or demonstrate operational scalability; negative gross profit underscores that current activities are expense-driven. Long-term viability depends on securing external funding or successfully monetizing assets, increasing execution risk.
Persistent Negative Cash FlowSustained negative operating and free cash flow (TTM OCF ≈ -$1.45M) forces ongoing reliance on external capital. Recurring financings can be dilutive or restrictive, limiting the company's ability to complete exploration programs and increasing the risk of interrupted project timelines.
Shrinking Equity & Negative ROEMaterial declines in equity and assets alongside a negative ROE (~-3%) indicate shareholder value erosion from ongoing losses. This weakens the balance sheet over time, making future capital raises more dilutive and potentially deterring partners or acquirers seeking stronger financial positions.

Element79 Gold Corp. News

ELEM FAQ

What was Element79 Gold Corp.’s price range in the past 12 months?
Element79 Gold Corp. lowest stock price was C$0.01 and its highest was C$0.05 in the past 12 months.
    What is Element79 Gold Corp.’s market cap?
    Element79 Gold Corp.’s market cap is C$5.18M.
      When is Element79 Gold Corp.’s upcoming earnings report date?
      Element79 Gold Corp.’s upcoming earnings report date is Apr 23, 2026 which is in 66 days.
        How were Element79 Gold Corp.’s earnings last quarter?
        Currently, no data Available
        Is Element79 Gold Corp. overvalued?
        According to Wall Street analysts Element79 Gold Corp.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Element79 Gold Corp. pay dividends?
          Element79 Gold Corp. does not currently pay dividends.
          What is Element79 Gold Corp.’s EPS estimate?
          Element79 Gold Corp.’s EPS estimate for its next earnings report is not yet available.
          How many shares outstanding does Element79 Gold Corp. have?
          Element79 Gold Corp. has 207,373,840 shares outstanding.
            What happened to Element79 Gold Corp.’s price movement after its last earnings report?
            Currently, no data Available
            Which hedge fund is a major shareholder of Element79 Gold Corp.?
            Currently, no hedge funds are holding shares in TSE:ELEM
            What is the TipRanks Smart Score and how is it calculated?
            Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

              Company Description

              Element79 Gold Corp.

              Element79 Gold Corp., a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in Nevada, British Columbia, and Ontario. It holds interest in the Dale property covering an area of approximately 1,980.5 hectares located in Ontario. Element79 Gold Corp. was incorporated in 2020 and is based in Vancouver, Canada.

              Element79 Gold Corp. (ELEM) Earnings & Revenues

              Similar Stocks
              Company
              Price & Change
              Follow
              Winshear Gold
              Kestrel Gold
              NV Gold
              Goldcliff Resource
              Edgemont Gold Corp.

              Options Prices

              Currently, No data available
              ---
              Popular Stocks