Element79 Gold Corp. (ELEM) AI Stock Analysis

• Market Cap: C$5.18M
• Dividend Yield: N/A
• Average Volume (3M): 295.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: N/A
• EPS Growth: 75.05%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 207,373,840
• 10 Day Avg. Volume: 299,119
• 30 Day Avg. Volume: 295,271
• 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 Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 38 Underperform
• Price Target: C$0.01 ▼(-30.00% Downside)

The score is primarily driven by weak financial performance (no revenue, widening losses, and ongoing cash burn with declining equity), which raises funding and dilution risk. Technicals also remain bearish (price below key moving averages and negative MACD), with only oversold readings offering limited support. Valuation metrics provide little help given the negative P/E and no dividend yield data.

Positive Factors

Low Financial Leverage

Modest debt provides balance-sheet flexibility for an exploration company: lower interest obligations reduce cash strain and preserve options to fund drilling or partner deals. Over months this decreases refinancing urgency and supports strategic choices without heavy leverage risk.

Clear Monetization Pathways

A defined set of exit/monetization routes (asset sales, JV/option funding, royalties/streaming, or eventual development) is a durable strength for explorers. These pathways enable risk transfer to partners and the potential to finance advancement without depending solely on equity markets long-term.

Improving Operating Cash Outflow Trend

An improving (less negative) operating and free cash flow trend indicates management may be moderating cash burn or timing expenditures. Over a 2-6 month horizon, this reduces near-term external funding needs and slightly lowers the probability of immediate dilution if the trend continues.

Negative Factors

No Revenue and Widening Losses

Lack of operating revenue combined with a sharply larger net loss materially weakens the firm's ability to self-fund exploration or demonstrate commercial progress. Persistently negative earnings undermine solvency risk profiles and reduce strategic optionality absent new capital or partner deals.

Consistent Negative Cash Generation

Sustained operating and free cash outflows force reliance on external financing or partnership funding. Over months this elevates dilution and execution risk, and constrains the company’s ability to accelerate exploration or fund technical studies without dilutive raises or asset sales.

Material Equity Decline Raises Dilution Risk

A rapid drop in equity capital indicates prior losses have eroded balance-sheet resilience. This elevates the probability that management must issue new equity or enter dilutive deals to fund exploration, which can dilute existing holders and limit long-term value retention if losses persist.

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 hectares located in Ontario. Element79 Gold Corp. was incorporated in 2020 and is based in Vancouver, Canada.

How the Company Makes Money

Element79 Gold Corp. generates revenue primarily through the exploration, development, and eventual production and sale of gold and other precious metals from its mining projects. The company's key revenue streams involve the sale of mined gold to refineries or other purchasers in the commodities market. Additionally, Element79 Gold may engage in strategic partnerships or joint ventures with other mining companies to enhance project development and share operational costs, thereby potentially increasing profitability. The company’s earnings are influenced by factors such as gold market prices, mining yield, and operational efficiency.

Element79 Gold Corp. Financial Statement Overview

Summary

Element79 Gold Corp. is facing significant financial challenges, as evidenced by its lack of revenue and persistent losses. The balance sheet reflects low leverage, but declining equity and asset values pose concerns for long-term sustainability. Cash flow issues underscore the company's need to enhance operational efficiency and revenue generation to stabilize its financial position. Strategic adjustments may be necessary to improve financial health and support growth initiatives in the mining industry.

Income Statement

Element79 Gold Corp. shows consistent net losses with no revenue, indicating challenges in generating income from operations. The negative EBIT and EBITDA margins further highlight the lack of profitability. The company's inability to generate gross profit is a significant concern, reflecting operational inefficiencies or the company's developmental phase in a capital-intensive mining industry.

Balance Sheet

The company's balance sheet indicates a moderate financial position with a debt-to-equity ratio calculated as 0.034 from TTM data, suggesting low leverage. However, the company's equity ratio has declined from 63% in 2023 to 71% in 2022, indicating a decreasing reliance on equity financing. A significant decline in total assets over the past year suggests potential financial constraints or asset sell-offs.

Cash Flow

Cash flow analysis reveals negative free cash flow, implying the company is not generating sufficient cash from operations to cover capital expenditures. The operating cash flow to net income ratio is negative, indicating a mismatch between reported earnings and cash generation. Although there is some improvement in financing cash flow, it appears primarily driven by external financing rather than operational efficiency.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-316.05K	-380.87K	-349.96K	-553.27K	0.00	0.00
EBITDA	-15.61M	-15.44M	-3.26M	-3.49M	0.00	-625.71K
Net Income	-16.25M	-16.23M	-4.40M	-12.29M	-4.94M	-625.71K
Balance Sheet
Total Assets	7.12M	7.12M	15.33M	19.09M	26.95M	1.01M
Cash, Cash Equivalents and Short-Term Investments	192.04K	192.04K	3.22K	8.89K	5.02K	302.23K
Total Debt	321.49K	321.49K	227.46K	4.79M	2.52M	0.00
Total Liabilities	4.93M	4.93M	4.21M	10.59M	9.93M	412.65K
Stockholders Equity	2.12M	2.12M	11.08M	8.50M	17.02M	601.88K
Cash Flow
Free Cash Flow	-1.57M	-1.57M	-2.49M	-708.57K	-5.46M	-377.28K
Operating Cash Flow	-1.57M	-1.57M	-2.49M	-696.81K	-2.98M	-321.47K
Investing Cash Flow	784.00K	784.00K	1.56M	-1.03M	-2.75M	-55.81K
Financing Cash Flow	978.45K	978.55K	918.40K	1.83M	5.17M	613.26K

Element79 Gold Corp. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: 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 above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
IMR	44 Neutral	C$4.16M	-0.72	-27.44%	―	―	―
ELEM	38 Underperform	C$5.18M	-0.16	-262.52%	―	―	75.05%

Element79 Gold Corp. Corporate Events

Element79 Gold Corp. Releases NI 43-101 Technical Report for Elephant Project

Element79 Gold Corp. has released a NI 43-101 Technical Report for its Elephant Project in Lander County, Nevada. This report, prepared by Rangefront Mining Services, outlines the project’s location, ownership, and geological attributes, providing a comprehensive overview of the site’s potential for gold mining. The release of this technical report is a significant step for Element79 Gold Corp. as it enhances the company’s strategic positioning in the gold mining sector by detailing the project’s viability and potential for future development.

Element79 Gold Corp Files Technical Report for Elephant Project, Plans Exploration Expansion

Element79 Gold Corp has filed an independent technical report for its Elephant Project in Nevada’s Battle Mountain District, highlighting the potential for skarn and porphyry-style gold-copper mineralization. The report suggests further drilling to evaluate these prospects, with historical data indicating significant gold-bearing structures and anomalies. The company plans to advance a systematic exploration program to expand on past work and unlock the project’s full potential, positioning itself strategically in a district known for tier-one operations.

Element79 Gold Corp. Extends Deadline for Synergy Metals Merger

Element79 Gold Corp. has announced an extension to the deadline for its proposed arrangement and merger with Synergy Metals Corp. The new deadline for completing these transactions is set for April 30, 2026. This extension reflects Element79’s commitment to the arrangement and merger, which are strategic moves to strengthen its position in the mining sector.