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Element79 Gold Corp.
(ELEM)
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Rating:44Neutral
Price Target:
C$0.02
▼(-5.00% Downside)
Action:Reiterated
Date:08/04/26
The score is driven primarily by weak financial performance (pre-revenue, ongoing losses, and negative free cash flow) despite some improvement in recent net loss and only moderate leverage. Technical indicators also reflect subdued/bearish momentum, while valuation appears modest on P/E but offers limited support given the underlying fundamentals.
Positive Factors
Improved Loss Trend
The trailing-twelve-month net loss narrowed materially versus 2025, reflecting either tighter cost control or favorable non-operating items. If sustained, this lower loss run-rate lengthens runway, improves negotiability in financing or JV talks, and reduces near-term dilution risk.
Negative Factors
Pre-revenue Operations
The company reports zero revenue and remains in a pre-revenue exploration phase, meaning long time horizons to commercial cash flows. Persistent lack of operating revenue increases dependence on capital markets or partners and raises execution risk for converting prospects into monetizable assets.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Loss Trend
The trailing-twelve-month net loss narrowed materially versus 2025, reflecting either tighter cost control or favorable non-operating items. If sustained, this lower loss run-rate lengthens runway, improves negotiability in financing or JV talks, and reduces near-term dilution risk.
Read all positive factors
Element79 Gold Corp. (ELEM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$3.11M
Dividend YieldN/A
Average Volume (3M)295.27K
Price to Earnings (P/E)―
Beta (1Y)0.78
Revenue GrowthN/A
EPS Growth98.55%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding207,373,840
10 Day Avg. Volume299,119
30 Day Avg. Volume295,271
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)2.03
Price to Sales (P/S)0.00
P/FCF Ratio-2.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Element79 Gold Corp. Business Overview & Revenue Model
Company Description
Element79 Gold Corp. operates as a mineral exploration enterprise, primarily focused on the identification, acquisition, and enhancement of gold properties across Nevada, British Columbia, and Ontario. Among its notable holdings is the Dale proper...
How the Company Makes Money
Element79 Gold Corp. primarily seeks to create value (and ultimately monetize it) by advancing mineral exploration and development projects rather than by selling consumer products or providing recurring services. Typical ways an exploration-stage...
Element79 Gold Corp. Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
46
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -354.67K | -380.87K | -349.96K | -553.27K | 0.00 | 0.00 |
| EBITDA | -149.19K | -15.44M | -3.26M | -3.49M | -5.04M | -625.71K |
| Net Income | -453.88K | -16.23M | -4.40M | -12.29M | -4.94M | -625.71K |
Balance Sheet | ||||||
| Total Assets | 6.59M | 7.12M | 15.33M | 19.09M | 26.95M | 1.01M |
| Cash, Cash Equivalents and Short-Term Investments | 51.14K | 192.04K | 3.22K | 8.89K | 5.02K | 302.23K |
| Total Debt | 450.69K | 676.36K | 227.46K | 4.79M | 2.52M | 0.00 |
| Total Liabilities | 5.36M | 4.93M | 4.21M | 10.59M | 9.93M | 412.65K |
| Stockholders Equity | 1.21M | 2.12M | 11.08M | 8.50M | 17.02M | 601.88K |
Cash Flow | ||||||
| Free Cash Flow | -1.67M | -1.57M | -2.49M | -708.57K | -5.46M | -377.28K |
| Operating Cash Flow | -1.67M | -1.57M | -2.49M | -696.81K | -2.98M | -321.47K |
| Investing Cash Flow | 1.87M | 784.00K | 1.56M | -1.03M | -2.75M | -55.81K |
| Financing Cash Flow | -149.06K | 978.55K | 918.40K | 1.83M | 5.17M | 613.26K |
Element79 Gold Corp. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | C$17.50M | -6.00 | -46.11% | ― | ― | -123.20% | |
44 Neutral | C$3.11M | -6.82 | -1484.86% | ― | ― | 98.55% | |
44 Neutral | C$4.97M | -0.94 | -143.34% | ― | ― | -765.25% | |
43 Neutral | C$2.17M | -5.21 | -50.50% | ― | ― | -71.43% | |
42 Neutral | C$4.86M | -1.60 | -162.04% | ― | ― | 28.81% | |
40 Underperform | C$2.02M | -7.81 | -45.17% | ― | ― | 38.46% |
* Basic Materials Sector Average
TSE:ELEM
Element79 Gold Corp.
0.02
-0.03
-66.67%
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TSE:EDGM
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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.