Eminent Gold Corp. (EMNT) AI Stock Analysis

• Market Cap: C$31.60M
• Dividend Yield: N/A
• Average Volume (3M): 60.10K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.32
• Revenue Growth: N/A
• EPS Growth: 44.28%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 78,022,194
• 10 Day Avg. Volume: 63,001
• 30 Day Avg. Volume: 60,105
• PEG Ratio: 0.30
• Price to Book (P/B): 4.80
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -14.46
• 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: 48 Neutral
• Price Target: C$0.43 ▲(34.69% Upside)

The score is primarily constrained by weak financial performance driven by a pre-revenue, loss-making profile with ongoing negative operating and free cash flow. Technicals provide partial support as the stock is in an uptrend with positive momentum, though overbought signals temper this. Valuation is penalized by a negative P/E and lack of dividend yield data.

Positive Factors

Debt-free balance sheet

Zero reported debt materially reduces financial risk for an early-stage explorer, lowering fixed obligations through commodity cycles. This conservative structure preserves flexibility to raise capital on favorable terms and supports continued exploration without near-term default risk.

Expanded equity and asset base

A meaningful increase in equity and assets provides a longer runway to fund exploration activities and reduces immediate liquidity stress. A larger equity base helps absorb exploration losses and gives management time to advance projects without urgent debt financing.

Gold-focused exploration in Nevada

Targeting gold in Nevada offers structural advantages: a mining-friendly jurisdiction with infrastructure and investor interest. Long-term exposure to gold gives optionality—successful discoveries can be farmed out, JV'd, or sold, aligning with enduring commodity demand cycles.

Negative Factors

Pre-revenue, persistent net losses

The company is pre-revenue with a TTM net loss of about -$1.8M, meaning intrinsic value depends on exploration success. Persistent losses erode capital and heighten reliance on external funding, increasing execution risk in progressing projects toward resource definition.

Negative operating and free cash flow

Consistent negative operating and free cash flow reflects ongoing cash burn from exploration. This structural cash deficit necessitates recurring capital raises or partner transactions, which can dilute shareholders, slow project timelines, and constrain autonomous project advancement.

Eroding returns on equity

A TTM ROE of roughly -25% indicates equity is being eroded by losses. Sustained negative profitability limits reinvestment capacity, pressures management toward dilutive financings or asset sales, and undermines long-term shareholder value creation.

Eminent Gold Corp. Business Overview & Revenue Model

Company Description

Eminent Gold Corp., gold exploration company, engages in the exploration and evaluation of gold deposits in the United States. The company holds an option agreement to acquire 100% interests in the Hot Springs property comprising 168 unpatented mining claims covering approximately 1,375 hectares located in Humboldt County, Nevada; the Weepah property situated in Esmeralda County, Nevada; the Spanish Moon property located in Nye County, Nevada which consists of 70 unpatented claims; and the Gilbert South property that includes 110 unpatented claims located to the west of Tonopah, Nevada. It also has an option to acquire an 87.25% interest in the Barcelona property. The company was formerly known as Navy Resources Corp. and changed its name to Eminent Gold Corp. in February 2021. Eminent Gold Corp. was incorporated in 2011 and is based in Vancouver, Canada.

How the Company Makes Money

Eminent Gold Corp. makes money through the exploration, development, and sale of gold deposits. The company's revenue model is based on discovering viable gold resources that can be developed into profitable mining operations. Key revenue streams include the sale of mined gold, partnering with larger mining companies for joint ventures, and possibly selling or leasing mineral rights to other entities. The company's earnings are significantly influenced by the market price of gold, exploration success rates, and the efficiency of its mining operations. Additionally, Eminent Gold may engage in strategic partnerships and collaborations with other mining firms to optimize resource extraction and share technological expertise.

Eminent Gold Corp. Financial Statement Overview

Summary

Eminent Gold Corp. is facing significant financial challenges. With zero revenue and persistent losses, the income statement reflects a lack of profitable operations. The balance sheet shows minimal debt but declining equity, raising concerns about long-term viability. Cash flow issues further compound these challenges, with a reliance on external financing to sustain operations. The company must improve operational efficiency and explore revenue-generating opportunities to enhance financial health.

Income Statement

Eminent Gold Corp. has consistently reported zero revenue, indicating no commercial mining operations or sales. The company continues to incur significant losses, with a net income consistently in the negative. The EBIT and EBITDA margins are also negative, reflecting ongoing operational challenges and lack of profitability.

Balance Sheet

The balance sheet shows a healthy equity position with minimal debt, resulting in a low debt-to-equity ratio, which is a positive indicator of financial stability. However, the declining stockholders' equity and total assets over recent years indicate potential risks in sustaining operations and financial health.

Cash Flow

The cash flow statement reveals negative free cash flow, driven by negative operating cash flow and capital expenditures. This indicates the company is not generating sufficient cash from operations to fund its activities, which is a risk factor. However, the positive cash flow from financing suggests some ability to raise funds externally.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-159.59K	-123.66K	-133.00K	-185.29K	-270.79K	-136.67K
EBITDA	-1.76M	2.40M	-928.00K	-1.51M	-1.21M	-1.27M
Net Income	-1.77M	-848.00K	-4.18M	-1.51M	-1.21M	-1.27M
Balance Sheet
Total Assets	10.19M	4.95M	3.06M	5.61M	4.93M	2.41M
Cash, Cash Equivalents and Short-Term Investments	1.12M	1.08M	207.05K	96.42K	1.16M	1.56M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	225.01K	579.97K	334.87K	244.99K	277.87K	133.62K
Stockholders Equity	9.97M	4.37M	2.72M	5.36M	4.65M	2.28M
Cash Flow
Free Cash Flow	-4.42M	-1.45M	-803.46K	-2.44M	-3.38M	-1.28M
Operating Cash Flow	-2.21M	-1.04M	-149.62K	-1.11M	-1.36M	-572.87K
Investing Cash Flow	-2.87M	-414.08K	-653.83K	-1.33M	-2.02M	-706.64K
Financing Cash Flow	5.32M	2.33M	914.09K	1.37M	2.98M	2.15M

Eminent Gold Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.32
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EMNT, the sentiment is Positive. The current price of 0.32 is below the 20-day moving average (MA) of 0.34, below the 50-day MA of 0.33, and below the 200-day MA of 0.34, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 62.64 is Neutral, neither overbought nor oversold. The STOCH value of 70.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:EMNT.

Eminent 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%
TVI	55 Neutral	C$29.14M	1.08	80.04%	―	―	―
SPC	53 Neutral	C$34.97M	-9.43	-150.61%	―	―	10.17%
SLV	52 Neutral	C$48.40M	-33.88	―	―	―	-1.67%
KC	51 Neutral	C$40.30M	-24.23	-4.17%	―	―	56.31%
EMNT	48 Neutral	C$31.60M	-14.93	-25.92%	―	―	44.28%

Eminent Gold Corp. Corporate Events

Eminent Gold Hits Strong Oxide Gold at Hot Springs Range and Names Dan McCoy CEO

Eminent Gold Corp. reported its best drill result to date at the Otis target within its Hot Springs Range Project in Nevada, with hole HSC005 intersecting 9.2 metres grading 3.2 g/t gold within a broader 31.8-metre zone at 1.0 g/t, all in near-surface oxide, Carlin-style mineralization. The intercept, which is associated with strong hydrothermal alteration along the Little Humboldt fault, reinforces the interpretation that Hot Springs Range may represent an emerging Carlin-type gold trend parallel to the nearby Getchell Trend, potentially elevating the project’s scale and strategic significance. Concurrently, the company appointed veteran Nevada geologist Dan McCoy, previously its founding chief geologist and a proven mine finder and deal maker, as president and CEO, a leadership change that could accelerate advancement of its three district-scale Nevada exploration projects while former CEO Paul Sun transitions to the board.

The most recent analyst rating on (TSE:EMNT) stock is a Hold with a C$0.29 price target. To see the full list of analyst forecasts on Eminent Gold Corp. stock, see the TSE:EMNT Stock Forecast page.

Eminent Gold Expands Hot Springs Range Project with New Claims

Eminent Gold Corp. has expanded its Hot Springs Range Project in Nevada by staking a new claim package, increasing the project’s total area to approximately 3,941 hectares. This strategic expansion is located near the Getchell Trend, known for high-grade Carlin-style gold deposits, and targets anomalies identified in a recent gravity survey. The new claims enhance Eminent’s exploration potential by providing access to a possible magmatic intrusion and a recessively weathered basin, both of which are promising targets for gold exploration. This move underscores Eminent’s commitment to leveraging modern exploration techniques to discover new gold systems in underexplored regions, potentially strengthening its position in the emerging gold district.

Eminent Gold Corp. to Present at Kinvestor Day 2025 Virtual Conference

Eminent Gold Corp. announced that its CEO, Paul Sun, will present at the Kinvestor Day 2025 Virtual Investor Conference on October 23, 2025. This event, which highlights innovative small- and mid-cap public companies in the mining and energy sectors, provides an opportunity for Eminent Gold to showcase its developments and engage with investors and industry experts. The conference is expected to enhance Eminent Gold’s visibility and strengthen its position in the mining sector.