Enduro Metals (ENDR) AI Stock Analysis

• Market Cap: C$15.10M
• Dividend Yield: N/A
• Average Volume (3M): 92.43K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.52
• Revenue Growth: N/A
• EPS Growth: -14.51%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): N/A
• Shares Outstanding: 75,504,360
• 10 Day Avg. Volume: 50,686
• 30 Day Avg. Volume: 92,428
• PEG Ratio: -0.28
• Price to Book (P/B): 0.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.54
• 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$0.20 ▲(5.26% Upside)

The score is held down primarily by weak financial performance (no revenue, recurring losses, and ongoing cash burn) and a valuation profile driven by negative earnings (negative P/E and no stated dividend yield). Partially offsetting these risks, the balance sheet shows low leverage and the technical setup is moderately constructive with price above key longer-term moving averages and neutral momentum indicators.

Positive Factors

Low leverage / balance sheet strength

Very low debt materially reduces solvency and refinancing risk for an exploration firm, preserving optionality to pursue multi-year programs. This structural balance-sheet strength supports ongoing project work and investor confidence even during prolonged exploration timelines.

Exploration business model with upside optionality

As a pure exploration specialist, the company’s business model offers scalable, binary upside from discovery and resource definition. Structurally this creates high long-term leverage to successful drilling results and asset advancement versus steady-state operating models.

Growing equity base supports asset funding

An expanding equity base increases financial flexibility to fund exploration without excessive leverage. Over a multi-month horizon this strengthens the company’s ability to pursue staged drilling and geophysical programs and to withstand capital market variability.

Negative Factors

Pre-revenue profile and persistent operating losses

Lack of revenue and recurring operating losses indicate the company depends entirely on exploration outcomes and external funding for viability. Structurally, this limits near-term earnings visibility and means long-term value creation hinges on successful resource discovery rather than operating progress.

Consistent negative operating and free cash flow

Sustained negative operating and free cash flow create a structural reliance on capital markets or financings to fund programs. Over a 2–6 month horizon this raises dilution and funding-risk concerns and constrains the pace at which management can advance projects without new capital.

Weak financial performance and negative returns

Ongoing negative net results and weak financial-performance scores reflect that deployed capital is not generating returns. Structurally this undermines capital efficiency, makes attracting strategic partners harder, and increases the bar for demonstrating sustainable project economics.

Enduro Metals Business Overview & Revenue Model

Company Description

Enduro Metals Corporation engages in the identification, acquisition, and exploration of mineral properties in Canada. It primarily explores for gold, copper, silver, zinc, lead, nickel, and cobalt deposits. The company holds 100% interest in the Tom Cat property covering an area of 687 hectares located to the southeast of Merritt in south-central British Columbia. It also owns interests in the Newmont Lake property consisting of 654 square kilometers located in northwestern British Columbia. The company was formerly known as Crystal Lake Mining Corporation. Enduro Metals Corporation was incorporated in 2009 and is based in Kelowna, Canada.

How the Company Makes Money

Enduro Metals generates revenue primarily through the exploration and development of mineral properties. The company seeks to identify and develop mineral-rich properties, which can then be sold, leased, or partnered with larger mining companies. This revenue model is heavily dependent on the successful discovery and development of mineral resources. Key revenue streams include transaction fees from property sales, joint venture partnerships, and potential future royalties from developed mines. Additionally, Enduro Metals may engage in strategic partnerships with other mining companies or investors to finance exploration and development activities, further contributing to its earnings.

Enduro Metals Financial Statement Overview

Summary

Financials reflect a pre-revenue profile with persistent operating losses and largely negative net results. Cash generation is a key weakness with consistently negative operating and free cash flow, implying ongoing cash burn. The main offset is a conservatively levered balance sheet with very low debt, reducing near-term solvency risk but not resolving profitability/cash-flow concerns.

Income Statement

The company reports no revenue across the provided annual periods, while operating losses remain persistent (EBIT and EBITDA are negative in most years). Net results are also largely negative, with only a small profit in 2022 that did not signal a sustained turn to profitability. Overall, the income statement reflects an early-stage or pre-revenue profile with limited visibility into near-term earnings power.

Balance Sheet

The balance sheet is a relative strength: debt levels are very low versus equity (debt-to-equity stays near zero across years), suggesting limited leverage risk and good financial flexibility. Equity has generally grown versus earlier years, supporting the asset base. The key weakness is returns: losses in most years translate into negative returns on equity, indicating capital is not yet generating profits.

Cash Flow

Cash flow is weak, with operating cash flow consistently negative, indicating ongoing cash burn to fund operations. Free cash flow is also negative every year shown, including a very large outflow in 2022, and while free cash flow improved in 2023–2025 versus that 2022 low point, it remains meaningfully negative. Cash generation has not yet stabilized, implying continued dependence on external funding if this pattern persists.

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	-18.88K	-18.88K	-83.53K	-115.00K	-129.07K	-9.61K
EBITDA	-1.27M	-1.27M	-1.36M	-921.00K	193.36K	-1.73M
Net Income	-1.36M	-1.36M	-811.00K	-1.09M	4.23K	-1.74M
Balance Sheet
Total Assets	37.17M	37.17M	31.61M	30.42M	33.13M	22.50M
Cash, Cash Equivalents and Short-Term Investments	3.17M	3.17M	148.24K	487.50K	4.03M	1.74M
Total Debt	157.65K	157.65K	215.48K	346.49K	407.05K	60.00K
Total Liabilities	1.19M	1.19M	1.59M	1.58M	3.39M	1.48M
Stockholders Equity	35.99M	35.99M	30.02M	28.84M	29.73M	21.01M
Cash Flow
Free Cash Flow	-2.02M	-1.69M	-479.79K	-589.60K	-8.00M	-5.41M
Operating Cash Flow	-1.69M	-1.69M	-479.79K	-589.60K	-2.55M	-477.21K
Investing Cash Flow	700.89K	700.89K	-1.38M	-2.84M	-5.55M	-4.93M
Financing Cash Flow	3.93M	3.93M	1.52M	-112.05K	10.34M	649.94K

Enduro Metals Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.19
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ENDR, the sentiment is Neutral. The current price of 0.19 is below the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.18, and above the 200-day MA of 0.16, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 47.02 is Neutral, neither overbought nor oversold. The STOCH value of 20.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:ENDR.

Enduro Metals 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%
SAE	53 Neutral	C$25.58M	1.17	289.73%	―	―	―
ENDR	50 Neutral	C$15.10M	-5.49	-3.35%	―	―	-14.51%
OZ	48 Neutral	C$17.37M	-0.80	-117.25%	―	―	-230.12%
PNGC	47 Neutral	C$17.87M	-12.90	―	―	―	-210.00%
TAUR	42 Neutral	C$9.90M	-0.35	-19.15%	―	―	-380.83%

Enduro Metals Corporate Events

Enduro Metals Sells Pedro Gold Project to Southern Empire, Retains 2% NSR Royalty

Enduro Metals has closed the sale of its 100% interest in the 1,750-hectare Pedro Gold Project in Durango State, Mexico, to Southern Empire Resources. Under the amended terms, Enduro receives 2 million Southern Empire common shares, a future US$2 million milestone payment contingent on the start of commercial production at Pedro, and retains a 2% net smelter return royalty on future production with no buydown option, giving it continuing exposure to the asset while fully transferring operational control.

Enduro Metals Confirms Large Copper-Gold System at Newmont Lake’s Andrei Target

Enduro Metals has reported results from its 2025 rock sampling program at the Newmont Lake Project, confirming a large, newly recognized porphyry copper-gold system at the Andrei target with widespread copper mineralization, including samples exceeding 10% copper and strong geophysical signatures consistent with a major buried system. The program also returned exceptionally high-grade gold and silver values from the Camp Zone in the McLymont area, reinforcing the potential of historically underexplored targets and directly informing plans for an inaugural drill campaign in 2026 that could materially advance the project’s development and bolster the company’s position in the Golden Triangle copper-gold sector.

Enduro Metals Expands Exploration Footprint in BC’s Golden Triangle

Enduro Metals has acquired additional mineral claims adjacent to its Andrei porphyry copper-gold target at the Newmont Lake Project in British Columbia’s Golden Triangle. This strategic acquisition aims to consolidate Enduro’s position over a promising copper-gold system, with the newly acquired claims exhibiting similar geophysical signatures to the existing Andrei target. The expansion significantly enhances the potential of the discovery, with a drill-ready target outlined for testing in 2026. The development is expected to strengthen Enduro’s exploration program and position in the region.