Freegold Ventures J (TSE:FVL)
TSX:FVL
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Freegold Ventures
(TSX:FVL)
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Rating:46Neutral
Price Target:
C$1.00
▼(-39.76% Downside)
Action:ReiteratedDate:04/03/26
The score is held down primarily by pre-revenue financial performance with widening losses and ongoing cash burn, plus weak technical momentum (below major moving averages and negative MACD). The main offset is an unusually strong, low-debt balance sheet that reduces near-term leverage risk.
Positive Factors
Balance sheet strength
The balance sheet shows negligible debt (~$31.6K) versus roughly $129.7M of equity, materially lowering leverage risk. This durable capital structure provides financial flexibility to fund multi-stage exploration, pursue JV/farm-out options, and absorb cyclical commodity pressures without interest burden.
Negative Factors
Pre-revenue status
The company has no operating revenue (revenue $0 across periods), leaving project economics unproven and making future value contingent on exploration success or third-party deals. This structural uncertainty persists until resources are converted to a producing asset or monetized via a partner or sale.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
The balance sheet shows negligible debt (~$31.6K) versus roughly $129.7M of equity, materially lowering leverage risk. This durable capital structure provides financial flexibility to fund multi-stage exploration, pursue JV/farm-out options, and absorb cyclical commodity pressures without interest burden.
Read all positive factors
Freegold Ventures (FVL) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$710.57M
Dividend YieldN/A
Average Volume (3M)1.13M
Price to Earnings (P/E)―
Beta (1Y)2.14
Revenue GrowthN/A
EPS Growth41.18%
CountryCA
Employees3
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.02
Shares Outstanding577,701,800
10 Day Avg. Volume911,382
30 Day Avg. Volume1,125,955
Financial Highlights & Ratios
PEG Ratio-0.18
Price to Book (P/B)4.78
Price to Sales (P/S)0.00
P/FCF Ratio-436.46
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
Freegold Ventures Business Overview & Revenue Model
Company Description
Freegold Ventures Limited, an exploration stage company, engages in the acquisition, exploration, evaluation, and development of precious and base metal properties in the United States and Canada. The company primarily explores for gold, copper, s...
How the Company Makes Money
Freegold Ventures does not have disclosed recurring operating revenue from producing mines; its economic model is typical of an exploration-stage mining company. The company’s potential sources of funds are: (1) financing activities—raising capita...
Freegold Ventures Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
82
Very Positive
Cash Flow
33
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 | -67.66K | 0.00 | 0.00 | -104.00K | -63.55K |
| EBITDA | -7.26M | -1.08M | -3.09M | -694.00K | -1.88M |
| Net Income | -7.34M | -1.09M | -3.10M | -803.00K | -2.21M |
Balance Sheet | |||||
| Total Assets | 130.72M | 103.28M | 90.36M | 77.40M | 74.42M |
| Cash, Cash Equivalents and Short-Term Investments | 18.88M | 3.45M | 2.02M | 693.24K | 13.83M |
| Total Debt | 31.63K | 63.41K | 99.94K | 128.11K | 167.02K |
| Total Liabilities | 1.03M | 671.46K | 657.98K | 926.87K | 928.75K |
| Stockholders Equity | 129.69M | 102.61M | 89.70M | 76.47M | 73.49M |
Cash Flow | |||||
| Free Cash Flow | -1.42M | -1.90M | -12.79K | -1.13M | -2.38M |
| Operating Cash Flow | -825.48K | -798.00K | -907.00 | -803.39K | -647.01K |
| Investing Cash Flow | -18.14M | -11.58M | -11.88K | -16.24M | -15.96M |
| Financing Cash Flow | 33.80M | 14.24M | 14.17K | 4.18M | 469.70K |
Freegold Ventures Technical Analysis
Neutral
1.66
Price Trends
1.37
Negative
1.42
Negative
1.36
Negative
Market Momentum
-0.05
Negative
48.55
Neutral
76.19
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FVL, the sentiment is Neutral. The current price of 1.66 is above the 20-day moving average (MA) of 1.17, above the 50-day MA of 1.37, and above the 200-day MA of 1.36, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 48.55 is Neutral, neither overbought nor oversold. The STOCH value of 76.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:FVL.
Freegold Ventures 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% | |
51 Neutral | C$1.08B | -35.22 | -39.41% | ― | ― | 11.83% | |
48 Neutral | C$892.43M | -78.87 | -1.85% | ― | ― | -7040.00% | |
47 Neutral | C$907.39M | -14.29 | -110.60% | ― | ― | -53.49% | |
46 Neutral | C$710.57M | -84.48 | -0.60% | ― | ― | 41.18% | |
44 Neutral | C$852.88M | -236.09 | -1.92% | ― | ― | 41.98% | |
43 Neutral | C$517.09M | -55.66 | -8.12% | ― | ― | -572.97% |
* Basic Materials Sector Average
TSE:FVL
Freegold Ventures
1.23
0.40
48.19%
TSE:WRN
Western Copper
3.78
2.37
168.09%
TSE:NCX
NorthIsle Copper and Gold
3.26
2.56
365.71%
TSE:PMET
PMET Resources Inc
4.86
2.99
159.89%
TSE:TLG
Troilus Gold Corp
1.74
1.28
278.26%
TSE:ALDE
Aldebaran Resources Inc
2.79
1.24
80.00%
Freegold Ventures Corporate Events
Business Operations and Strategy
Freegold Steps Up Drilling as Golden Summit Delivers Higher-Grade Gold
Positive
Apr 1, 2026
Freegold Ventures reported new drill results from its Golden Summit project in Alaska, highlighted by a standout intercept of 11.54 g/t gold over 29.5 metres within a broader 216.4-metre interval grading 2.44 g/t gold in the Cleary area. The resul...
Business Operations and Strategy
Freegold Drilling at Golden Summit Points to Higher-Grade Gold and Low-Risk Tailings
Positive
Mar 10, 2026
Freegold Ventures reported new drill results from six additional holes at its Golden Summit project in Alaska, with three in the Dolphin area and three in the Cleary area, confirming strong continuity of gold mineralization across the resource. Re...
Business Operations and Strategy
Freegold Steps Up Golden Summit Potential With New High-Grade Drill Results
Positive
Feb 18, 2026
Freegold Ventures has reported encouraging assay results from eight additional drill holes at its Golden Summit project in Alaska, highlighting strong mineralization across the Tamarack, Dolphin, and WOW areas. The 2025/2026 exploration program is...
Business Operations and StrategyPrivate Placements and Financing
Freegold Maps Out 2026 Growth Plan for Alaska’s Golden Summit Gold Project
Positive
Jan 23, 2026
Freegold Ventures has outlined its 2026 work program for the Golden Summit project after a year in which it expanded the mineral resource to 17.2 million ounces of indicated and 11.9 million ounces of inferred gold and completed over 39,000 metres...
Business Operations and StrategyPrivate Placements and Financing
Freegold Extends Golden Summit Footprint With New Tamarack Zone Discovery
Positive
Jan 15, 2026
Freegold Ventures has identified a new mineralized area, the Tamarack Zone, roughly 400 metres east of the Cleary Zone at its Golden Summit project, with initial drilling returning 1.28 g/t gold over 49.2 metres and suggesting the potential for a ...
Business Operations and StrategyPrivate Placements and Financing
Freegold Ventures Raises $50 Million to Advance Golden Summit Project
Positive
Jan 6, 2026
Freegold Ventures Limited has closed an upsized brokered private placement, raising approximately $50 million through the issuance of 38,461,500 common shares at $1.30 each, with Paradigm Capital acting as lead agent alongside Stifel Nicolaus Cana...
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.