Evergold Corporation (TSE:EVER)
:EVER
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Evergold Corp
(EVER)
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Rating:42Neutral
Price Target:
C$0.53
▲(70.32% 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 loss trend
The material reduction in net losses over several years signals sustained cost control or smaller-scale programs. That durable improvement reduces near-term financing pressure, improves operational flexibility, and lowers execution risk for the next several months.
Negative Factors
No revenue and persistent losses
The company reports no operating revenue and continues to record operating and net losses. This structural lack of organic income forces reliance on external financing and raises execution and dilution risk over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Narrowing loss trend
The material reduction in net losses over several years signals sustained cost control or smaller-scale programs. That durable improvement reduces near-term financing pressure, improves operational flexibility, and lowers execution risk for the next several months.
Read all positive factors
Evergold Corp (EVER) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$13.10M
Dividend YieldN/A
Average Volume (3M)11.97K
Price to Earnings (P/E)―
Beta (1Y)1.62
Revenue GrowthN/A
EPS Growth79.47%
CountryCA
Employees14
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
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., 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% ow...
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 | Dec 2025 | 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
Negative
0.31
Price Trends
0.59
Negative
0.54
Negative
0.40
Positive
Market Momentum
-0.01
Positive
41.37
Neutral
39.74
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EVER, the sentiment is Negative. The current price of 0.31 is below the 20-day moving average (MA) of 0.59, below the 50-day MA of 0.59, and below the 200-day MA of 0.40, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 41.37 is Neutral, neither overbought nor oversold. The STOCH value of 39.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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$3.33M | -10.33 | -52.50% | ― | ― | -205.88% | |
49 Neutral | C$6.48M | -2.56 | -81.50% | ― | ― | ― | |
46 Neutral | C$1.90M | -17.31 | ― | ― | ― | -76.78% | |
42 Neutral | C$13.10M | -7.29 | -286.12% | ― | ― | 79.47% | |
41 Neutral | C$4.42M | -1.72 | -4.44% | ― | ― | -930.77% |
* Basic Materials Sector Average
TSE:EVER
Evergold Corp
0.53
0.28
112.00%
TSE:CAMP
Canadian GoldCamps
0.16
-0.10
-38.00%
TSE:NEV
Nevada Sunrise Gold
0.04
<0.01
16.67%
TSE:SAO
South Atlantic Gold
0.13
0.11
550.00%
TSE:NSJ
NSJ Gold
0.14
0.10
250.00%
TSE:ASHL
Ashley Gold Corp.
0.07
0.02
30.00%
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...
Business Operations and StrategyPrivate Placements and Financing
Evergold Launches $5 Million Private Placement to Advance Golden Lion Drilling
Positive
Mar 10, 2026
Evergold Corp. plans to raise up to $5 million through a non-brokered private placement of hard-dollar units and flow-through shares, priced at $0.55 and $0.65 respectively, to fund exploration at its Golden Lion project in northern British Columb...
Business Operations and Strategy
Evergold to Court Investors at PDAC as Golden Lion Project Advances
Positive
Feb 26, 2026
Evergold Corp. said its senior leadership team, including President and CEO Alex Walcott, Capital Markets Advisor Dylan Berg, and Executive Chairman Charlie Greig, will attend the Metal Investor Forum, OreGroup’s OreDay, and the PDAC confere...
Business Operations and StrategyExecutive/Board Changes
Evergold Adds Veteran Mining Executive Brian Butterworth to Board
Positive
Feb 19, 2026
Evergold Corp., a mineral exploration company, is advancing its 100%-owned Golden Lion gold-silver project in northern British Columbia’s Toodoggone mining district, where previous drilling at the GL1 Main Zone has identified a near-surface ...
Business Operations and StrategyExecutive/Board Changes
Evergold Adds Veteran Mining Executive Brian Butterworth to Board
Positive
Feb 19, 2026
Evergold Corp. has appointed veteran mining executive Brian P. Butterworth to its board of directors, effective immediately, adding more than 40 years of experience in mineral exploration, project development and mining capital markets to its lead...
Business Operations and StrategyExecutive/Board Changes
Evergold Taps Veteran Capital Markets Advisor to Bolster Golden Lion Push
Positive
Feb 13, 2026
Evergold Corp. has appointed Dylan Berg as Capital Markets Advisor, bringing nearly 15 years of mining-focused capital markets experience spanning corporate development, investor relations, financing and marketing. Berg’s background includes...
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.