Eminent Gold Corp. (EMNT) AI Stock Analysis

• Market Cap: C$51.49M
• Dividend Yield: N/A
• Average Volume (3M): 60.10K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.53
• 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: 50 Neutral
• Price Target: C$0.66 ▲(106.25% Upside)

The score is held back primarily by weak financial performance (no revenue, ongoing losses, and cash burn despite a debt-free balance sheet). Technicals provide partial support with a strong uptrend and positive MACD, but overbought RSI increases pullback risk. Valuation is constrained by negative earnings and no dividend support.

Positive Factors

Debt-free balance sheet

A zero-debt capital structure and materially larger equity base reduce financial distress risk and preserve strategic optionality. For an exploration company this conservatism supports funding flexibility for drilling, JV negotiations or staged project spend without servicing debt that could constrain operations.

Exploration-focused business model

A clear, discovery-driven model centered on Nevada gold targets aligns with structural value creation in junior miners: advancing projects through mapping, sampling, geophysics and drilling can de-risk assets toward resource definition or sale/joint-venture, preserving upside if exploration success occurs.

Improving free cash flow trend

An improving free cash flow trajectory indicates better cash management and more efficient deployment of exploration spend. While still negative, the improvement can extend the company’s runway, reduce near-term external financing needs and support more disciplined project advancement.

Negative Factors

No revenue and persistent losses

Absence of operating revenue and recurring net losses mean the company is not self-sustaining and must rely on capital markets or partner transactions. Persistent negative earnings erode equity value over time and make long-term project funding contingent on external financing or asset monetization.

Negative operating and free cash flow

Sustained cash burn increases dependence on equity raises, debt or JV funding, which can dilute shareholders or impose covenants. For an exploration company, negative cash flow limits steady progress on multiple targets, raises execution risk, and forces prioritization that may delay discovery timelines.

Negative return on equity

A materially negative ROE signals capital is not generating returns and undermines investor confidence. Persistently negative ROE can constrain access to non-dilutive capital, increase cost of raises, and ultimately pressure the company to dilute shareholders or sell interests to fund continued exploration.

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

Early-stage profile with no revenue, persistent net losses, and ongoing cash burn (negative operating and free cash flow). Strengths include a debt-free balance sheet and increased equity base, but negative returns and reliance on external funding keep financial performance weak overall.

Income Statement

Across annual periods and TTM (Trailing-Twelve-Months), the company reports no revenue and consistently negative gross profit, indicating ongoing pre-production/early-stage operations. Losses remain persistent: TTM net loss is about -$1.8M (worse than 2024’s ~-$0.8M), though materially improved versus 2023’s much larger loss (~-$4.2M). Overall profitability and operating performance are weak, with limited evidence of a sustained path toward positive earnings.

Balance Sheet

The balance sheet is conservatively financed with zero reported debt across all periods, reducing financial risk. Equity has grown meaningfully (from ~$4.4M in 2024 to ~$10.0M in TTM), supporting a larger asset base (~$10.2M TTM). The key weakness is ongoing losses driving negative returns on equity (TTM return on equity about -25%), which can pressure equity over time if losses persist.

Cash Flow

Cash generation is weak with consistently negative operating cash flow and negative free cash flow, reflecting ongoing cash burn (TTM operating cash flow about -$2.2M; TTM free cash flow about -$4.4M). Free cash flow improved versus 2024 (growth is positive in TTM), but the company still requires funding to sustain operations and exploration/development. While losses are non-cash-heavy in places (free cash flow is larger in magnitude than net loss in TTM), the overall liquidity trajectory remains dependent on external capital.

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 0.54, below the 50-day MA of 0.41, and below the 200-day MA of 0.36, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 66.99 is Neutral, neither overbought nor oversold. The STOCH value of 46.35 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$32.79M	1.21	80.04%	―	―	―
EMNT	50 Neutral	C$51.49M	-22.39	-25.92%	―	―	44.28%
SLV	50 Neutral	C$38.44M	-25.82	―	―	―	-1.67%
SPC	47 Neutral	C$29.44M	-7.08	-150.61%	―	―	10.17%
KC	46 Neutral	C$59.61M	-38.14	-4.17%	―	―	56.31%

Eminent Gold Corp. Corporate Events

Eminent Gold Adds Veteran Dealmaker Ivan Bebek as Strategic Advisor Amid Nevada Discovery Push

Eminent Gold Corp. has appointed veteran mining entrepreneur Ivan Bebek as Strategic Advisor for Corporate Development and Finance, adding a high-profile dealmaker and company builder to its leadership bench as it advances its Hot Springs Range discovery in Nevada. Bebek, who previously co-founded Keegan Resources, Cayden Resources and Auryn Resources and has a long history of collaboration with Eminent CEO Dan McCoy, is expected to bolster the company’s capacity in financing, corporate strategy and monetizing exploration success at a time when early drilling and a cornerstone investment from Kinross have raised expectations around the scale and significance of the Hot Springs Range project for shareholders and potential acquirers.

The most recent analyst rating on (TSE:EMNT) stock is a Hold with a C$0.44 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 Key Claims at Nevada’s Hot Springs Range Project

Eminent Gold Corp. has expanded its 100%-owned Hot Springs Range Project in Humboldt County, Nevada, by staking an additional 370 hectares of claims along the prospective Eden Corridor, bringing the total land package to 4,311 hectares. The new claims secure a key extension of an emerging Carlin-type oxide gold system parallel to Nevada’s prolific Getchell Trend, underpinned by recent gravity, geophysical and geochemical data that suggest a larger, continuous structural corridor and district-scale potential; management says the move positions the company to control critical ground in a promising new gold trend amid rising competitive interest.

The most recent analyst rating on (TSE:EMNT) stock is a Hold with a C$0.44 price target. To see the full list of analyst forecasts on Eminent Gold Corp. stock, see the TSE:EMNT Stock Forecast page.

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.