Eskay Mining (ESK) AI Stock Analysis

• Market Cap: C$115.67M
• Dividend Yield: N/A
• Average Volume (3M): 92.52K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.75
• Revenue Growth: N/A
• EPS Growth: 62.70%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 186,567,120
• 10 Day Avg. Volume: 129,402
• 30 Day Avg. Volume: 92,517
• PEG Ratio: 0.85
• Price to Book (P/B): 11.08
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -48.97
• 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$0.72 ▲(30.91% Upside)

The score is primarily constrained by very weak fundamentals (pre-revenue and still loss-making), partially offset by a strong technical uptrend. A debt-free balance sheet and improved but small/volatile free cash flow help, while negative earnings and no dividend limit valuation support.

Positive Factors

Balance sheet strength

A debt-free balance sheet and positive equity materially reduce insolvency risk and interest burden, giving management durable financial flexibility. Over the coming months this preserves optionality to fund exploration via partnerships, staged programs, or equity without immediate debt servicing pressure.

Improving cash generation

Recent shift to modest positive operating/free cash flow signals improving capital discipline and the ability to fund at least incremental exploration activities internally. While small and variable, this trend can reduce short-term funding needs and supports continuity of programs over the next several months if sustained.

Exploration asset optionality

A pure exploration business model provides structural optionality: value creation hinges on drilling success and can be realized via JV/earn-in deals, property sales, or development. Being asset-focused in BC preserves multiple durable exit routes that can monetize discoveries over time.

Negative Factors

Zero revenue / persistent losses

Absence of operating revenue and recurring net losses mean the company has no self-sustaining cash generation from operations, increasing reliance on external capital. Over 2–6 months this raises execution risk for exploration programs and heightens probability of shareholder dilution if financing is required.

Volatile, small cash flows

Cash flow volatility constrains the company’s ability to plan multi-stage exploration campaigns and respond to opportunities. Structural reliance on intermittent small inflows or financings increases the risk that promising programs are delayed or scaled back, pressuring long-term project advancement.

Eroding capital base / dilution risk

Ongoing negative profitability weakens the equity base and forces management to seek external funding to sustain exploration. Over a multi-month horizon this structural pressure commonly leads to equity issuance or dilutive financings, which can materially impact existing shareholder value and project economics.

Eskay Mining Business Overview & Revenue Model

Company Description

Eskay Mining Corp., a natural resource company, engages in the acquisition and exploration of mineral properties, and precious and base metal deposits in British Columbia, Canada. It holds 100% interests in the ESKAY-Corey property located in northwestern British Columbia. The company was formerly known as Kenrich-Eskay Mining Corp. and changed its name to Eskay Mining Corp. in November 2009. Eskay Mining Corp. was founded in 1980 and is headquartered in Toronto, Canada.

How the Company Makes Money

Eskay Mining makes money primarily through the exploration and potential development of mineral properties. As a junior exploration company, its revenue model is largely dependent on discovering economically viable mineral deposits and increasing the value of its properties. The company may generate revenue by entering into joint ventures or partnerships with larger mining companies, selling exploration rights, or eventually developing the mines themselves if significant mineral reserves are confirmed. Funding for exploration efforts typically comes from equity financing and strategic partnerships.

Eskay Mining Financial Statement Overview

Summary

Overall financials are weak due to zero revenue and ongoing net losses (income statement very poor). Offsetting factors include a clean balance sheet with zero debt and positive equity, plus improved but small and volatile TTM operating/free cash flow, leaving meaningful sustainability and financing/dilution risk.

Income Statement

Financial performance remains very weak: the company reports zero revenue across all periods and continues to generate losses. While net losses improved materially versus the heavy losses in 2022–2023, profitability is still negative in both the latest annual period (2025) and TTM (Trailing-Twelve-Months), indicating the business has not yet reached a self-sustaining operating model.

Balance Sheet

The balance sheet is a relative bright spot: debt is currently reported at zero (including TTM (Trailing-Twelve-Months) and the latest annual period), and equity remains positive (about $5.2M TTM (Trailing-Twelve-Months)). However, persistent losses are translating into weak returns on equity and pressure on the capital base over time, which raises dilution/financing risk if losses continue.

Cash Flow

Cash flow has improved recently, with positive operating and free cash flow in TTM (Trailing-Twelve-Months) (~$0.11M) versus negative free cash flow in the 2025 annual period (~-$0.90M) and very large cash burn in 2023. That said, cash generation appears volatile and small relative to ongoing net losses, implying continued dependence on careful cost control and/or external funding.

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	-39.19K	-47.42K	-44.38K	-31.67K	-15.79K	-2.02K
EBITDA	-2.47M	-1.92M	-5.77M	-17.55M	-18.72M	-14.20M
Net Income	-2.53M	-2.09M	-2.80M	-18.27M	-18.89M	-14.18M
Balance Sheet
Total Assets	6.08M	4.67M	6.05M	9.51M	8.48M	15.62M
Cash, Cash Equivalents and Short-Term Investments	5.71M	3.50M	2.84M	3.02M	876.22K	14.47M
Total Debt	0.00	0.00	0.00	2.78M	2.47M	0.00
Total Liabilities	877.63K	686.73K	379.08K	3.18M	2.99M	4.98M
Stockholders Equity	5.21M	3.98M	5.67M	6.33M	5.49M	10.63M
Cash Flow
Free Cash Flow	109.51K	-900.00K	-184.63K	-14.86M	-15.49M	-6.25M
Operating Cash Flow	109.51K	-900.00K	-107.11K	-14.77M	-15.44M	-6.17M
Investing Cash Flow	-100.00K	-100.00K	-77.51K	-94.55K	-48.98K	-80.96K
Financing Cash Flow	1.34M	19.00K	0.00	17.01M	1.89M	20.55M

Eskay Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.55
• 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:ESK, the sentiment is Positive. The current price of 0.55 is above the 20-day moving average (MA) of 0.51, above the 50-day MA of 0.36, and above the 200-day MA of 0.34, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 61.14 is Neutral, neither overbought nor oversold. The STOCH value of 71.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ESK.

Eskay Mining 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%
LCE	52 Neutral	C$94.21M	-35.19	-4.48%	―	―	27.68%
LIS	52 Neutral	C$54.67M	-11.32	-32.98%	―	―	31.55%
NMI	51 Neutral	C$56.60M	-57.95	-3.86%	―	―	―
ESK	50 Neutral	C$115.67M	-50.41	-50.65%	―	―	62.70%
MD	44 Neutral	C$54.80M	-23.18	-5.05%	―	-15.63%	2.65%

Eskay Mining Corporate Events

Eskay Mining Taps Veteran Geologist to Lead 2026 Exploration Push in Golden Triangle

Eskay Mining has appointed veteran exploration executive Clinton Smyth as Chief Geologist to lead its 2026 exploration campaign, with a primary focus on advancing the new C10–Vermillion–Ted Morris trend discovery on its 100%-owned Consolidated Eskay Project in the Golden Triangle. Backed by strong high-grade assay results from 2025 and a planned extensive field season utilizing Worldview 3 satellite imagery, the company aims to significantly advance drilling at the Vermillion–TM zone while preserving shareholder value by pursuing alternative, non-dilutive financing options, potentially including monetizing non-core assets and its appreciated strategic stake in Garibaldi Resources to fund Vermillion–TM and other prospects such as the TV deposit.

The most recent analyst rating on (TSE:ESK) stock is a Hold with a C$0.26 price target. To see the full list of analyst forecasts on Eskay Mining stock, see the TSE:ESK Stock Forecast page.

Eskay Mining Unveils High-Grade Gold Discoveries in 2025 Exploration

Eskay Mining Corp. announced significant high-grade gold and silver assay results from its 2025 exploration campaign at the Consolidated Eskay Project in British Columbia. The results include multiple samples with high gold content, highlighting the potential of the TM and Vermillion zones. The discovery of new gold-silver targets and the identification of reduced intrusion-related gold systems suggest promising exploration prospects for the company, potentially enhancing its industry positioning and stakeholder interest.

The most recent analyst rating on (TSE:ESK) stock is a Buy with a C$1.21 price target. To see the full list of analyst forecasts on Eskay Mining stock, see the TSE:ESK Stock Forecast page.