Juggernaut Exploration (JUGR) AI Stock Analysis

• Market Cap: C$52.17M
• Dividend Yield: N/A
• Average Volume (3M): 177.97K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.03
• Revenue Growth: N/A
• EPS Growth: 93.24%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 33,016,490
• 10 Day Avg. Volume: 155,618
• 30 Day Avg. Volume: 177,969
• PEG Ratio: 0.00
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -24.23
• 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$2.00 ▲(4.17% Upside)

The score is held back primarily by weak financial performance (no revenue, losses, and persistent cash burn). Technicals are a key offset with a strong uptrend, though momentum is stretched, and valuation support is limited due to negative earnings and no dividend.

Positive Factors

Zero-debt capital structure

A zero-debt balance sheet materially reduces fixed obligations and financial distress risk for an exploration junior. This durable strength preserves optionality to fund programs via equity or JV structures and lowers bankruptcy/default risk during multi-year exploration cycles.

Demonstrated funding access (equity growth)

A rising equity base shows the company has successfully accessed capital over multiple years. For an early-stage explorer this enduring ability to raise funds is critical to sustain multi-year drilling and technical programs and to advance projects toward monetization or JV options.

Asset-focused monetization model

The firm’s explicit model—fund exploration, delineate targets, then monetize via sales, option/JV deals or royalties—is a structural pathway for value realization in juniors. This model aligns capital deployment to project advancement and third-party validation, reducing reliance on operating revenue.

Negative Factors

No revenue and recurring losses

The absence of operating revenue and recurring, volatile net losses mean the company cannot self-fund exploration or overhead. Over the medium term this raises dilution risk, constrains strategic choices, and leaves project advancement dependent on continual external financing.

Consistent negative cash generation

Persistently negative operating and free cash flow indicate the business burns capital to finance exploration. This structural cash shortfall necessitates repeated financings, increases shareholder dilution risk, and limits the company’s ability to accelerate or scale programs without external capital.

High reliance on equity financings

A durable dependence on equity financings ties the company’s progress to market access and investor appetite. This exposes long-term project timelines to funding windows, increases dilution for existing holders, and can force timing or scale compromises on exploration and monetization plans.

Juggernaut Exploration Business Overview & Revenue Model

Company Description

Juggernaut Exploration Ltd. acquires, explores, and evaluates mineral resource properties in Canada. It explores for precious and base metal deposits. The company has an option to acquire 100% interest in the Midas property covering an area of 16,671 hectares located in the Skeena Mining District, British Columbia; and the Empire property covering an area of 16,399 hectares located in the Omineca Mining District, British Columbia. It also has an option to earn 100% interest in the Gold Standard property covering an area of 3,961 hectares; and the Gold Star property covering an area of 238 hectares located in the West Central British Columbia. The company was formerly known as Ardonblue Ventures Inc. and changed its name to Juggernaut Exploration Ltd. in October 2017. The company was incorporated in 2006 and is based in Vancouver, Canada.

How the Company Makes Money

Juggernaut Exploration makes money through a combination of exploration success and strategic partnerships. The company generates revenue by discovering valuable mineral deposits, which can then be sold or developed further into mining operations. This includes entering into joint ventures or selling exploration rights to larger mining companies. Additionally, the company may raise capital through equity financing, allowing investors to fund exploration activities in exchange for shares in the company. Any successful discoveries can significantly increase the company's valuation, providing further opportunities for monetization through asset sales or production agreements.

Juggernaut Exploration Financial Statement Overview

Summary

Overall fundamentals are weak: the company reports no revenue, recurring losses, and ongoing cash burn. The main offset is a zero-debt balance sheet and a growing equity base, but returns remain negative and the business is not yet self-funding.

Income Statement

The company reports no revenue across all annual periods, while costs remain negative (gross profit is consistently below zero). Losses are volatile and worsened sharply in 2025 (net loss of ~-3.0M vs near breakeven in 2024), following a much larger loss in 2023 (~-6.6M). Overall, profitability and operating performance are weak, and the absence of revenue makes the earnings profile highly dependent on spending levels rather than business traction.

Balance Sheet

The balance sheet is supported by a zero-debt capital structure, which materially reduces financial risk. Equity has grown over time (from ~8.4M in 2020 to ~23.6M in 2025), indicating funding support and a larger asset base. However, returns to shareholders are negative in most years (and meaningfully negative in 2023 and 2025), reflecting that capital is not yet generating sustainable earnings.

Cash Flow

Cash generation is consistently negative, with operating cash flow outflows every year shown. Free cash flow remains negative as well, and while 2025 free cash flow improved versus 2024 (smaller outflow), it still indicates ongoing cash burn that likely requires continued financing. The pattern suggests limited self-funding capacity until revenue or spending discipline materially improves.

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	-10.48K	-10.48K	-12.31K	-2.66K	-14.57K	-7.55K
EBITDA	-3.02M	-2.97M	-1.38M	-6.59M	-607.43K	-1.16M
Net Income	-2.98M	-2.98M	-1.39K	-6.60M	-139.00K	-846.74K
Balance Sheet
Total Assets	27.49M	27.49M	17.68M	11.59M	15.32M	15.47M
Cash, Cash Equivalents and Short-Term Investments	9.31M	9.31M	155.21K	468.66K	1.95M	4.89M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	3.89M	3.89M	1.33M	511.01K	241.52K	812.72K
Stockholders Equity	23.61M	23.61M	16.34M	11.08M	15.08M	14.66M
Cash Flow
Free Cash Flow	-959.99K	-959.99K	-6.03M	-4.48M	-2.94M	-1.68M
Operating Cash Flow	-959.99K	-959.99K	-1.68M	-923.65K	-817.79K	-587.03K
Investing Cash Flow	-3.35M	-3.35M	-5.07M	-3.55M	-2.13M	-1.10M
Financing Cash Flow	13.46M	13.46M	6.44M	3.00M	2.04K	5.24M

Juggernaut Exploration Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.92
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:JUGR, the sentiment is Neutral. The current price of 1.92 is above the 20-day moving average (MA) of 1.70, above the 50-day MA of 1.51, and above the 200-day MA of 1.08, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 46.13 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:JUGR.

Juggernaut Exploration 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%
LIS	52 Neutral	C$57.28M	-11.86	-32.98%	―	―	31.55%
NMI	51 Neutral	C$58.82M	-60.23	-3.86%	―	―	―
JUGR	50 Neutral	C$52.17M	-11.88	-7.37%	―	―	93.24%
FMS	47 Neutral	C$46.01M	-13.80	-16.33%	―	―	-64.76%
MD	44 Neutral	C$58.02M	-24.55	-5.05%	―	-15.63%	2.65%
FOX	43 Neutral	C$57.40M	―	―	―	―	―

Juggernaut Exploration Corporate Events

Juggernaut Exploration Highlights Big One Discovery at Key Vancouver Mining Conferences

Juggernaut Exploration will showcase its portfolio, highlighted by the Big One discovery, at two major industry gatherings in Vancouver: the Vancouver Resource Investment Conference and AME Roundup 2026, where it will host investor booths and a corporate presentation by CEO Dan Stuart. By leveraging the high-profile mining investment and technical audiences at these conferences, the company aims to raise its visibility among investors and industry partners, emphasizing the Big One property’s strategic location near world-class deposits, strong geological potential, year-round access, and qualification for Canada’s Critical Mineral Exploration Tax Credit, all of which could enhance its competitive position in the junior exploration sector.

Juggernaut Launches Fully Funded 10,000m Drill Program at Big One in B.C.’s Golden Triangle

Juggernaut Exploration has announced a fully funded, 10,000-metre inaugural drill program at its 100%-owned Big One property in British Columbia’s Golden Triangle, targeting extensive high-grade gold, silver and copper-rich shear-hosted veins within the district-scale Eldorado System and Gold Swarm discoveries. Supported by strong surface results, detailed mapping, LiDAR and UAV surveys, and geological evidence linking the mineralization to a Jurassic–Cretaceous intrusive system similar to that of the nearby Galore Creek deposit, the campaign aims to test the depth extent of more than 500 gold-rich veins and potentially intersect a large buried porphyry or magmatic feeder source, which could materially enhance the project’s value and Juggernaut’s standing among emerging explorers in the region.

Juggernaut Exploration Grants 873,000 Stock Options to Management

Juggernaut Exploration has granted 873,000 fully vested stock options to its officers and directors, each exercisable at $1.63 per share for a five-year term, pending acceptance by the TSX Venture Exchange. The move aligns management incentives with shareholder interests and underscores the company’s ongoing commitment to advancing its exploration portfolio in a competitive precious metals sector.

Juggernaut Exploration Names New President and COO Ahead of Big One Drill Program

Juggernaut Exploration has appointed Manuele (Lele) Lazzarotto, Ph.D. in Metamorphic Petrology, as President and Chief Operating Officer, bringing more than a decade of experience in Canadian mineral exploration and a track record that includes contributions to Goliath Resources’ Surebet discovery and Juggernaut’s own Big One discovery. The leadership change comes as Juggernaut prepares to commence a fully funded, approximately 10,000-metre inaugural drill program at its high-grade Big One gold and silver project, a campaign viewed by management as a critical step in unlocking the asset’s potential at depth and creating long-term value for shareholders and local stakeholders.

Juggernaut Exploration Secures 5-Year Drill Permit for Big One Property

Juggernaut Exploration Ltd has received a 5-year drill permit for its Big One property in the Golden Triangle, British Columbia, allowing it to proceed with a fully-funded drill program in 2026. This program targets extensive gold-rich shear-hosted veins within the Eldorado System and Gold Swarm discoveries, which have shown high-grade gold, silver, and other mineral content through surface sampling. The company’s efforts are expected to enhance its industry positioning by potentially uncovering a district-scale gold system, while maintaining strong relationships with local stakeholders, including the Tahltan First Nation.

Juggernaut Exploration Confirms Major Gold-Rich System in B.C.

Juggernaut Exploration Ltd has confirmed a district-scale gold-rich system on its Big One property in the Golden Triangle, B.C. The Eldorado System, covering an area of 22 km², has shown promising assay results with grab samples up to 263.70 g/t AuEq and channel cuts up to 4.89 g/t AuEq. The company has expanded its Gold Swarm discovery area from 1 km² to 3 km², indicating strong gold potential and is drill-ready. This development positions Juggernaut favorably in the mining industry, potentially increasing its market value and attracting stakeholder interest.