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Element79 Gold Corp. (TSE:ELEM)
:ELEM
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Element79 Gold Corp. (ELEM) AI Stock Analysis

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TSE:ELEM

Element79 Gold Corp.

(ELEM)

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Underperform 40 (OpenAI - 5.2)
Rating:40Underperform
Price Target:
C$0.02
▲(20.00% Upside)
Action:DowngradedDate:05/01/26
The score is primarily constrained by weak financial performance (no revenue, sustained losses, and consistent cash burn), which increases dependence on external financing. Technicals add modest support only from oversold readings, but the longer-term trend remains weak. Valuation provides little support due to negative earnings (negative P/E) and no dividend yield.
Positive Factors
Low leverage
Modest reported leverage reduces near-term refinancing and interest burdens for an exploration-stage miner. With relatively low debt, management has greater flexibility to prioritize exploration spending or negotiate joint-ventures without immediate debt pressure, lowering failure risk over the next several months.
Negative Factors
No revenue
The company reports zero operating revenue and negative gross profit, meaning it has no internally generated sales cash flow to fund activities. That structural absence of revenue forces dependence on external capital and raises execution and dilution risk until a project reaches monetizable stages.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Modest reported leverage reduces near-term refinancing and interest burdens for an exploration-stage miner. With relatively low debt, management has greater flexibility to prioritize exploration spending or negotiate joint-ventures without immediate debt pressure, lowering failure risk over the next several months.
Read all positive factors

Element79 Gold Corp. (ELEM) vs. iShares MSCI Canada ETF (EWC)

Element79 Gold Corp. Business Overview & Revenue Model

Company Description
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...
How the Company Makes Money
Element79 Gold Corp. is an exploration-stage company, so recurring operating revenue from mining is not publicly verifiable as a current core income source; null. In general, companies at this stage typically seek to create shareholder value and p...

Element79 Gold Corp. Financial Statement Overview

Summary
Income statement is very weak (zero revenue, persistent large net losses) and cash flows show ongoing cash burn and negative free cash flow in all periods. Balance sheet leverage is currently modest, but equity has declined and ROE is deeply negative, implying continued funding risk for a pre-revenue explorer.
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
28
Negative
BreakdownTTMNov 2025Nov 2024Nov 2023Nov 2022Nov 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-296.77K-380.87K-349.96K-553.27K0.000.00
EBITDA-13.13M-15.44M-3.26M-3.49M0.00-625.71K
Net Income-13.12M-16.23M-4.40M-12.29M-4.94M-625.71K
Balance Sheet
Total Assets7.20M7.12M15.33M19.09M26.95M1.01M
Cash, Cash Equivalents and Short-Term Investments46.40K192.04K3.22K8.89K5.02K302.23K
Total Debt433.58K321.49K227.46K4.79M2.52M0.00
Total Liabilities5.08M4.93M4.21M10.59M9.93M412.65K
Stockholders Equity2.05M2.12M11.08M8.50M17.02M601.88K
Cash Flow
Free Cash Flow-1.95M-1.57M-2.49M-708.57K-5.46M-377.28K
Operating Cash Flow-1.95M-1.57M-2.49M-696.81K-2.98M-321.47K
Investing Cash Flow1.65M784.00K1.56M-1.03M-2.75M-55.81K
Financing Cash Flow337.39K978.55K918.40K1.83M5.17M613.26K

Element79 Gold Corp. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.02
Positive
100DMA
0.02
Negative
200DMA
0.03
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
35.22
Neutral
STOCH
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ELEM, the sentiment is Negative. The current price of 0.02 is equal to the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 35.22 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ELEM.

Element79 Gold Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
52
Neutral
C$7.99M-5.90-50.32%-110.73%
46
Neutral
C$9.21M-2.08-107.25%1.12%
43
Neutral
C$3.81M-34.21-22.19%-53.57%
42
Neutral
C$3.23M15.92-89.21%52.00%
40
Underperform
C$5.18M8.67-262.52%-67.12%
C$4.97M-6.73-13.58%-675.56%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:ELEM
Element79 Gold Corp.
0.03
<0.01
25.00%
TSE:WINS
Winshear Gold
0.13
0.07
121.67%
TSE:KGC
Kestrel Gold
0.04
0.01
40.00%
TSE:NVX
NV Gold
0.33
0.20
153.85%
TSE:GCN
Goldcliff Resource
0.04
0.02
100.00%
TSE:EDGM
Edgemont Gold Corp.
0.18
0.05
38.46%
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.Date of analysis: May 01, 2026