Evergold Corporation (TSE:EVER)
:EVER
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Evergold Corp
(EVER)
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Rating:42Neutral
Price Target:
C$0.46
▲(48.71% Upside)
Action:Reiterated
Date:05/08/26
Overall score is driven down primarily by weak financial performance (no revenue, ongoing losses, negative free cash flow, and negative equity with added debt). Technical indicators also reflect soft near-term momentum, while valuation offers limited support due to a negative P/E and no dividend.
Positive Factors
Narrowing net losses
The large reduction in annual net losses over several years signals sustained cost control and program scaling. A narrowing loss trajectory improves runway and reduces near-term financing pressure, making the company structurally more able to advance exploration programs.
Negative Factors
No reported revenue
Lack of recurring revenue is a structural constraint: operating activity does not generate cash internally, so the business is persistently dependent on external financing or asset transactions to fund exploration, increasing dilution and execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Narrowing net losses
The large reduction in annual net losses over several years signals sustained cost control and program scaling. A narrowing loss trajectory improves runway and reduces near-term financing pressure, making the company structurally more able to advance exploration programs.
Read all positive factors
Evergold Corp (EVER) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$12.07M
Dividend YieldN/A
Average Volume (3M)11.97K
Price to Earnings (P/E)―
Beta (1Y)1.58
Revenue GrowthN/A
EPS Growth67.41%
CountryCA
Employees14
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding22,780,052
10 Day Avg. Volume28,044
30 Day Avg. Volume11,972
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)-12.38
Price to Sales (P/S)0.00
P/FCF Ratio-4.91
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Evergold Corp Business Overview & Revenue Model
Company Description
Evergold Corp., in collaboration with its subsidiaries, operates within Canada, specializing in the identification, exploration, and advancement of mineral properties. The company's primary focus is on discovering gold, silver, and copper deposits...
How the Company Makes Money
Evergold Corp does not appear to operate producing mines; as an exploration-stage company, it generally would not have recurring operating revenue from metal sales. Specific, company-confirmed revenue streams (e.g., option payments, royalties, joi...
Evergold Corp Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
10
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -529.14K | -1.53M | -1.62M | -2.33M | -5.56M |
| Net Income | -329.73K | -1.46M | -1.58M | -2.06M | -4.78M |
Balance Sheet | |||||
| Total Assets | 157.92K | 290.55K | 415.63K | 778.37K | 3.14M |
| Cash, Cash Equivalents and Short-Term Investments | 8.14K | 147.87K | 237.39K | 596.11K | 2.97M |
| Total Debt | 289.50K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 352.26K | 246.44K | 66.75K | 41.90K | 356.76K |
| Stockholders Equity | -194.34K | 44.11K | 348.88K | 736.47K | 2.79M |
Cash Flow | |||||
| Free Cash Flow | -489.73K | -1.09M | -1.52M | -2.38M | -4.78M |
| Operating Cash Flow | -489.73K | -1.09M | -1.52M | -2.38M | -4.78M |
| Investing Cash Flow | 0.00 | 0.00 | -22.87K | 0.00 | -40.48K |
| Financing Cash Flow | 350.00K | 1.00M | 1.18M | 0.00 | 7.58M |
Evergold Corp Technical Analysis
Positive
0.31
Price Trends
0.57
Negative
0.58
Negative
0.43
Positive
Market Momentum
-0.02
Negative
48.85
Neutral
41.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EVER, the sentiment is Positive. The current price of 0.31 is below the 20-day moving average (MA) of 0.53, below the 50-day MA of 0.57, and below the 200-day MA of 0.43, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 48.85 is Neutral, neither overbought nor oversold. The STOCH value of 41.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:EVER.
Evergold Corp Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | C$4.51M | -5.22 | -52.50% | ― | ― | -205.88% | |
49 Neutral | C$4.75M | -4.66 | -81.50% | ― | ― | ― | |
47 Neutral | C$4.42M | -2.69 | -4.44% | ― | ― | -1885.71% | |
46 Neutral | C$3.56M | -11.89 | ― | ― | ― | -188.17% | |
42 Neutral | C$12.07M | -16.67 | -286.12% | ― | ― | 67.41% |
* Basic Materials Sector Average
TSE:EVER
Evergold Corp
0.53
0.28
112.00%
TSE:CAMP
Canadian GoldCamps
0.15
-0.11
-42.00%
TSE:NEV
Nevada Sunrise Gold
0.04
<0.01
25.00%
TSE:SAO
South Atlantic Gold
0.10
0.07
233.33%
TSE:NSJ
NSJ Gold
0.19
0.15
375.00%
TSE:ASHL
Ashley Gold Corp.
0.06
0.02
37.50%
Evergold Corp Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Evergold Raises $5.4 Million to Advance Golden Lion Exploration
Positive
Apr 6, 2026
Evergold Corp. has closed a non-brokered private placement totaling approximately $5.4 million through the issuance of hard-dollar units and flow-through shares, with associated warrants priced at $0.80 and subject to a 24‑month term. Procee...
Business Operations and StrategyPrivate Placements and Financing
Evergold Upsizes Private Placement to $6 Million for Golden Lion Exploration
Positive
Mar 16, 2026
Evergold Corp. has upsized its previously announced non-brokered private placement, lifting the financing target by $1 million to raise up to $6 million through a mix of hard-dollar units priced at $0.55 and flow-through shares at $0.65. The offer...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.