Element79 Gold Corp. (ELEM) AI Stock Analysis

• Market Cap: C$4.15M
• Dividend Yield: N/A
• Average Volume (3M): 295.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.49
• 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: 41 Neutral
• Price Target: C$0.02 ▼(-5.00% Downside)

The score is driven primarily by weak financial performance—no revenue, persistent losses, and negative cash flow—despite relatively low leverage. Technicals add further pressure with a bearish trend (below key moving averages and negative MACD), while valuation is limited by the lack of earnings and no dividend support.

Positive Factors

Business-model optionality

Element79’s exploration business model provides multiple durable monetization routes—asset sales, option/joint-ventures, royalties or eventual production. This structural flexibility reduces sole reliance on self-funded development and increases strategic exit or partner-driven funding options over time.

Low financial leverage

The company’s low debt load meaningfully reduces near-term balance-sheet strain and interest obligations. For an exploration firm with negative operating cash flow, low leverage preserves flexibility to secure partner funding or raise equity without heavy debt servicing pressure, improving resilience.

Improving cash-burn trend

Reported improvement in free-cash-flow versus the prior year signals operational or spend discipline that can extend runway. For an explorer reliant on periodic capital raises, reducing cash burn is a durable positive that lowers immediate financing frequency and preserves project optionality.

Negative Factors

No operating revenue

Absence of operating revenue is a fundamental constraint: the company cannot self-fund exploration or development from operations. Until a project is sold, partnered, or reaches production, reliance on external capital creates recurring dilution and execution risk for long-term value creation.

Persistent negative cash flow

Consistent negative operating and free cash flow requires ongoing financing or partner funding. This structural cash deficit increases probability of dilutive equity raises or asset sales, which can impair shareholder value and constrain the ability to pursue sustained, fully funded exploration programs.

Eroding equity and negative ROE

Material declines in equity and assets coupled with negative ROE indicate capital destruction from sustained losses. Over months this erodes balance-sheet strength, narrows financing options, and increases the cost or dilution of future capital raises, hampering long-term project development plans.

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

Very weak fundamentals: no revenue across the period provided, widening net loss in 2025 (about -16.2M vs -4.4M in 2024), and consistently negative operating/free cash flow. While leverage is modest (debt-to-equity ~0.15), equity fell sharply (to ~2.1M from ~11.1M), increasing funding and dilution risk.

Income Statement

The company reports no revenue across the full annual history provided, while losses have been persistent and volatile. Net loss widened sharply in 2025 (annual) to about -16.2M versus about -4.4M in 2024 (annual), and operating losses (EBIT) also deteriorated, indicating rising cost intensity without an offsetting top-line base. With negative gross profit and no demonstrated revenue traction, earnings quality and near-term profitability visibility remain weak.

Balance Sheet

Leverage is currently modest (2025 annual debt-to-equity ~0.15) and total debt is relatively low, which is a positive. However, equity has fallen materially (to ~2.1M in 2025 from ~11.1M in 2024), and returns on equity are deeply negative in 2025, reflecting significant value erosion from losses. The balance sheet is not highly levered today, but the rapid shrinkage in equity increases financing and dilution risk if losses continue.

Cash Flow

Cash generation is consistently negative, with operating cash flow and free cash flow remaining outflows every year shown. In 2025 (annual), operating cash flow was about -1.6M and free cash flow about -1.6M, improving versus 2024 (annual) but still meaningfully cash-burning, and free cash flow growth is sharply negative in 2025 versus the prior year. With cash outflows persisting alongside net losses, the business appears reliant on external funding rather than self-funding operations.

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

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 0.02, 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 >-0.01 is Positive, 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%
WINS	49 Neutral	C$5.31M	-1.92	-107.25%	―	―	―
NVX	48 Neutral	C$7.02M	-3.23	-50.32%	―	―	-40.12%
KGC	42 Neutral	C$4.87M	-10.47	-22.19%	―	―	-4.55%
EDGM	42 Neutral	C$4.97M	-13.64	-13.58%	―	―	-50.00%
ELEM	41 Neutral	C$4.15M	-0.15	-262.52%	―	―	75.05%
GCN	27 Underperform	C$5.32M	-14.71	-75.44%	―	―	-64.52%

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.