Evergold Corp (EVER) AI Stock Analysis

• Market Cap: C$5.16M
• Dividend Yield: N/A
• Average Volume (3M): 11.97K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.00
• Revenue Growth: N/A
• EPS Growth: 87.17%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 12,007,570
• 10 Day Avg. Volume: 28,044
• 30 Day Avg. Volume: 11,972
• PEG Ratio: 0.05
• Price to Book (P/B): 49.68
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.00
• 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: 46 Neutral
• Price Target: C$0.42 ▲(35.81% Upside)

The score is primarily held down by very weak financial performance (no revenue, persistent losses, and ongoing cash burn despite a debt-free balance sheet). Technicals provide a partial offset with strong trend and momentum, but elevated RSI/Stochastic suggests near-term overextension. Valuation is unfavorable/unclear due to negative earnings and no dividend yield support.

Positive Factors

Low financial leverage / debt-free balance sheet

A debt-free balance sheet materially lowers bankruptcy and interest rate risk, giving management flexibility to fund exploration or weather downturns without immediate servicing pressure. Over 2–6 months this preserves optionality for transactions or strategic investment.

Improving cash outflow trends vs 2020–2022

A trend of reduced cash burn indicates progress in cost control or program efficiency, extending the company’s funding runway. Sustained improvement can lower future dilution risk and improve ability to advance drill programs or pursue partnerships over the medium term.

Focused exploration business model with clear project pathway

A clear, focused exploration model concentrates capital on acquiring claims, geoscience and drilling aimed at resource definition. This specialization creates optionality for discovery-led value creation, farm-out or sale opportunities with juniors commonly monetized via transactions with majors.

Negative Factors

No revenue generated across reported periods

Lack of operating revenue means the business is entirely exploration-stage and cannot self-fund activities. Over months this mandates continuous access to external capital, increases execution risk, and makes long-term sustainability contingent on fundraising or a material discovery event.

Persistent negative operating and free cash flow

Ongoing negative operating and free cash flow creates structural reliance on equity or debt raises. In adverse market conditions this elevates dilution risk and can force scaling back of exploration programs, slowing value-creation timelines and weakening negotiating leverage with partners.

Contracting equity base and declining assets

A shrinking equity base and falling asset levels reduce financial flexibility to fund exploration internally and lower the balance-sheet buffer against further losses. This structural weakening increases probability of dilutive financings or asset sales to sustain operations over the medium term.

Evergold Corp Business Overview & Revenue Model

Company Description

Evergold Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, and copper deposits. Its flagship properties include 100% owned the Snoball property covering an area of 3,545 hectares located in the Liard Mining Division of northwestern British Columbia; and the Golden Lion property covering an area of 5,099 hectares located in Toodoggone region of northcentral British Columbia. The company was incorporated in 2015 and is headquartered in Toronto, Canada.

How the Company Makes Money

Evergold Corp Financial Statement Overview

Summary

Operating fundamentals are very weak: no revenue reported across periods, persistent negative EBIT/EBITDA and net losses, and ongoing negative operating and free cash flow. The main offset is low financial leverage (no reported debt) and some improvement versus 2020–2022 in loss and cash burn trends, but the shrinking equity base and continued cash burn remain major risks.

Income Statement

The company reports no revenue across the provided annual periods, while operating losses persist (EBIT and EBITDA remain negative every year). Losses have narrowed meaningfully versus 2020–2021, but profitability is still structurally weak with continued net losses in 2024, indicating the business has not yet reached a revenue-generating or self-sustaining operating model.

Balance Sheet

Leverage appears low with no reported debt, which reduces financial risk. However, the equity base has contracted sharply from earlier years, and returns on equity are deeply negative in 2024, reflecting ongoing losses against a much smaller capital base. Assets have also declined versus prior peaks, suggesting reduced financial flexibility despite the clean debt profile.

Cash Flow

Cash burn remains significant, with negative operating cash flow and negative free cash flow in every year shown. While free cash outflow has improved versus the 2020–2022 period, the company is still not generating cash internally, meaning continued reliance on external funding is likely until revenues and operating performance improve.

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	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-991.37K	-1.53M	-1.62M	-2.33M	-5.56M	-5.78M
Net Income	-944.17K	-1.46M	-1.58M	-2.06M	-4.78M	-5.72M
Balance Sheet
Total Assets	168.62K	290.55K	415.63K	778.37K	3.14M	403.98K
Cash, Cash Equivalents and Short-Term Investments	44.85K	147.87K	237.39K	596.11K	2.97M	214.28K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	89.23K	246.44K	66.75K	41.90K	356.76K	189.57K
Stockholders Equity	79.39K	44.11K	348.88K	736.47K	2.79M	214.41K
Cash Flow
Free Cash Flow	-772.87K	-1.09M	-1.52M	-2.38M	-4.78M	-5.18M
Operating Cash Flow	-772.87K	-1.09M	-1.52M	-2.38M	-4.78M	-5.18M
Investing Cash Flow	0.00	0.00	-22.87K	0.00	-40.48K	0.00
Financing Cash Flow	0.00	1.00M	1.18M	0.00	7.58M	3.15M

Evergold Corp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.31
• 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:EVER, the sentiment is Neutral. The current price of 0.31 is below the 20-day moving average (MA) of 0.44, below the 50-day MA of 0.31, and above the 200-day MA of 0.26, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 51.71 is Neutral, neither overbought nor oversold. The STOCH value of 50.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:EVER.

Evergold 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%
NEV	50 Neutral	C$6.94M	-6.71	-4.44%	―	―	―
NSJ	50 Neutral	C$3.09M	-11.30	-52.50%	―	―	10.85%
ASHL	49 Neutral	C$5.01M	―	-81.50%	―	―	―
EVER	46 Neutral	C$5.16M	-15.99	-286.12%	―	―	87.17%
CAMP	46 Neutral	C$3.30M	-16.99	―	―	―	90.71%

Evergold Corp Corporate Events

Evergold Completes Leadership Overhaul to Sharpen Focus on Golden Lion Project

Evergold Corp has overhauled its leadership team, appointing director and geophysicist Alex Walcott as President and CEO, promoting Chief Exploration Officer Charles James “Charlie” Greig to Executive Chairman, and naming Leon Ho as Chief Financial Officer, while former CEO Kevin Keough and CFO Tracy Albert depart. The management reset finalizes the company’s 2025 restructuring into a tightly held vehicle with roughly 13 million shares outstanding and aligns with a sharpened strategic focus on the Golden Lion project in the Toodoggone district, supported by a capital markets and corporate development partnership with OreGroup that aims to position Evergold for more efficient execution, value creation, and a disciplined, drill-focused exploration program in 2026.

The most recent analyst rating on (TSE:EVER) stock is a Hold with a C$0.37 price target. To see the full list of analyst forecasts on Evergold Corp stock, see the TSE:EVER Stock Forecast page.

Evergold Overhauls Leadership and Sharpens Focus on Golden Lion Project

Evergold Corp. has completed a major reset of its management team and board, appointing director and geophysicist Alex Walcott as President and CEO, promoting Chief Exploration Officer Charles James “Charlie” Greig to Executive Chairman, and naming Leon Ho as Chief Financial Officer, while former CEO Kevin Keough and CFO Tracy Albert depart the company. These changes, which follow a 2025 corporate restructuring that left Evergold with about 13 million shares outstanding and high insider ownership, are part of a broader repositioning centered on its Golden Lion project in the Toodoggone district and supported by a new strategic partnership with OreGroup to sharpen capital markets, investor engagement, and corporate development as the company advances a drill-focused exploration program for 2026.

The most recent analyst rating on (TSE:EVER) stock is a Hold with a C$0.37 price target. To see the full list of analyst forecasts on Evergold Corp stock, see the TSE:EVER Stock Forecast page.

Evergold Secures $300,000 Financing and Refocuses on Golden Lion Project

Evergold Corp. has closed a $300,000 non-brokered private placement with principals associated with the Ore Group, issuing 1,304,346 units at $0.23 per unit, each comprising one common share and a two-year warrant exercisable at $0.30, subject to regulatory approval and a standard hold period. The financing signals the start of a strategic repositioning that will concentrate the company’s efforts on its 100%-owned Golden Lion gold-silver project in British Columbia’s Toodoggone district, underscoring a more focused exploration strategy that could reshape its asset portfolio and growth prospects within the junior mining space.

The most recent analyst rating on (TSE:EVER) stock is a Hold with a C$0.34 price target. To see the full list of analyst forecasts on Evergold Corp stock, see the TSE:EVER Stock Forecast page.

Evergold Raises $300,000 and Refocuses on Golden Lion Gold-Silver Project in BC’s Toodoggone District

Evergold Corp. has entered into a $300,000 strategic non-brokered private placement with principals associated with the Ore Group, concurrent with a sharpened strategic focus on its Golden Lion gold-silver project in northern British Columbia’s Toodoggone district. The partnership is designed to pair Ore Group’s capital markets and company-building expertise with Evergold’s technical team, with Ore Group set to advise on capital markets strategy, investor relations and corporate development as the company repositions around Golden Lion. The project hosts a broad, near-surface epithermal gold-silver system (GL1 Main Zone) with demonstrated bulk-tonnage, open-pit style mineralization and emerging high-grade domains, and is located near infrastructure and a nearby project that has recently delivered a strong pre-feasibility study, highlighting district attractiveness. Historical and Evergold drilling indicate a large mineralized envelope with significant untested depth and continuity potential, suggesting that renewed, systematic exploration funded by this financing could unlock additional value and enhance Evergold’s profile among institutional, retail and strategic investors.

The most recent analyst rating on (TSE:EVER) stock is a Hold with a C$0.22 price target. To see the full list of analyst forecasts on Evergold Corp stock, see the TSE:EVER Stock Forecast page.

Evergold Corp. Secures $350,000 for DEM Drilling Expansion

Evergold Corp. has successfully closed a $350,000 convertible debenture private placement with C.J. Greig Holdings Ltd., marking a significant financial move for the company. This transaction, which is a related party transaction, supports the company’s ongoing drilling operations at the DEM property in British Columbia, which aims to explore promising intersections of precious and critical metals. The drilling is expected to enhance Evergold’s market positioning by potentially uncovering valuable resources, thus benefiting stakeholders and reinforcing the company’s exploration capabilities.