Leviathan Gold (LVX) AI Stock Analysis

• Market Cap: C$82.69M
• Dividend Yield: N/A
• Average Volume (3M): 130.55K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.03
• Revenue Growth: N/A
• EPS Growth: 28.32%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 98,444,760
• 10 Day Avg. Volume: 99,587
• 30 Day Avg. Volume: 130,553
• PEG Ratio: 0.40
• Price to Book (P/B): 2.05
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.97
• 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: 49 Neutral
• Price Target: C$0.86 ▼(-3.82% Downside)

The score is held back primarily by weak financial performance: no revenue, continued losses, and increasing cash burn that implies reliance on external financing. Technicals are a notable positive with a strong uptrend and positive MACD, but overbought signals add near-term risk. Valuation is constrained by negative earnings and no dividend support.

Positive Factors

Very low leverage / no reported debt

Zero reported debt materially reduces fixed financing obligations and insolvency risk, giving management flexibility to fund exploration via equity or project financing. This low-leverage profile supports survivability through cyclical commodity swings and long-term optionality.

Conservatively financed balance sheet

A conservatively financed balance sheet lowers default risk and preserves optionality to pursue multi-stage exploration. Without scheduled debt service, capital can be allocated to project evaluation and permitting, a durable advantage for a capital-intensive junior miner.

Exposure to the gold sector (structural commodity leverage)

Operating in the gold industry gives structural exposure to a safe-haven commodity that can outperform in macro uncertainty. For a junior explorer, this commodity leverage provides asymmetric upside if gold prices rise and deposits advance, supporting long-term value potential.

Negative Factors

Pre-revenue company with persistent net losses

Being pre-revenue and loss-making means the company lacks operating cash inflows and hasn't demonstrated commercial economics. Over the medium term this creates a binary outcome reliance on successful exploration or development and sustained external financing.

Weak cash generation; rising cash burn

Worsening free cash flow indicates accelerating cash burn that translates accounting losses into real funding needs. Structurally, this forces ongoing external financing, risks shareholder dilution, and can limit multi-year exploration programs if capital access tightens.

Negative ROE and volatile shareholder equity

Volatile equity and persistently negative ROE show invested capital has not generated returns, implying past dilution or write-downs. Over time this undermines investor confidence and makes it harder to attract non-dilutive capital for sustained project development.

Leviathan Gold Business Overview & Revenue Model

Company Description

Leviathan Gold Ltd. engages in the acquisition, exploration, and evaluation of resource properties in Australia. Its principal properties are its 100% owned Avoca project covering an area of approximately 106 km2; and the Timor project, which covers an area of approximately 121 km2 located in the State of Victoria, Australia. The company was incorporated in 2020 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Leviathan Gold makes money through the exploration, extraction, and sale of gold. The company's primary revenue stream comes from selling the gold it produces to various customers, including gold refineries and investors. As a mining company, Leviathan Gold may also partner with other mining firms or enter into joint ventures to share the risks and rewards associated with large-scale mining operations. The company's earnings are influenced by factors such as gold market prices, production costs, and the successful discovery and development of new mining sites. Additionally, strategic investments in technology and efficient mining practices help optimize production and enhance profitability.

Leviathan Gold Financial Statement Overview

Summary

Leviathan Gold faces significant financial challenges with consistent losses and cash flow deficits. While the absence of debt reduces short-term financial risk, the lack of revenue and cash flow generation capability poses long-term sustainability concerns.

Income Statement

Leviathan Gold shows significant challenges in profitability, with consistent operating losses as indicated by negative EBIT and Net Income. The absence of revenue across periods limits growth potential and suggests operational inefficiency.

Balance Sheet

The balance sheet is relatively stable with no debt, which reduces financial risk. However, the decline in stockholders' equity over time raises concerns about financial sustainability. The equity ratio remains strong, indicating reliance on equity financing.

Cash Flow

The company has negative operating and free cash flows, indicating poor cash generation from operations. The lack of capital expenditures suggests limited growth investments. Free cash flow also trails net income, highlighting cash flow challenges.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-1.39K	-1.39K	-18.38K	-68.32K	-41.84K	-15.37K
EBITDA	-1.82M	-1.77M	-1.34M	-3.59M	-1.35M	-4.95M
Net Income	-1.77M	-1.77M	-1.36M	-3.65M	-1.34M	-4.96M
Balance Sheet
Total Assets	5.69M	5.69M	3.43M	5.96M	4.68M	9.33M
Cash, Cash Equivalents and Short-Term Investments	3.83M	3.83M	2.66M	5.01M	3.91M	8.18M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	453.71K	453.71K	278.08K	124.59K	184.49K	443.65K
Stockholders Equity	5.23M	5.23M	3.15M	5.83M	4.49M	8.88M
Cash Flow
Free Cash Flow	-2.00M	-1.80M	-1.25M	-3.13M	-1.26M	-3.79M
Operating Cash Flow	-1.80M	-1.80M	-1.25M	-3.11M	-1.26M	-2.82M
Investing Cash Flow	-191.38K	-191.38K	964.00	-19.75K	161.33K	-967.18K
Financing Cash Flow	2.82M	3.17M	0.00	0.00	0.00	12.01M

Leviathan Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LVX, the sentiment is Positive. The current price of 0.89 is above the 20-day moving average (MA) of 0.64, above the 50-day MA of 0.58, and above the 200-day MA of 0.40, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 67.65 is Neutral, neither overbought nor oversold. The STOCH value of 68.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LVX.

Leviathan Gold 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%
KORE	51 Neutral	C$14.98M	-8.53	-7091.27%	―	―	-128.42%
VG	51 Neutral	C$9.21M	-7.18	-62.30%	―	―	66.36%
LVX	49 Neutral	C$82.69M	-16.14	-42.27%	―	―	28.32%
FFOX	45 Neutral	C$20.70M	-3.12	-130.54%	―	―	-47.82%
GAL	44 Neutral	C$75.09M	-4.90	-77.05%	―	―	28.18%
PGC	43 Neutral	C$8.07M	-5.38	-341.20%	―	―	-364.29%

Leviathan Gold Corporate Events

Leviathan Metals Sells Timor Gold License to Au Gold Corp. and Launches Investor Marketing Push

Leviathan Metals has agreed to sell its Timor Gold Project license in Victoria, Australia, to Au Gold Corp. for a modest cash consideration and 5 million Au Gold shares, giving Leviathan’s Australian subsidiary an 11.16% equity stake and additional contingent payments linked to future compliant gold resources. The deal sheds a non-core asset while preserving exposure to potential exploration upside at Timor, and is complemented by a new strategic digital marketing and investor-relations campaign with 1502656 B.C. Ltd. aimed at boosting the company’s market profile, with the transaction still subject to TSX Venture Exchange approval.

The most recent analyst rating on (TSE:LVX) stock is a Hold with a C$0.88 price target. To see the full list of analyst forecasts on Leviathan Gold stock, see the TSE:LVX Stock Forecast page.

Leviathan Metals Targets 2026 Growth With Botswana and Bosnia Exploration Push

Leviathan Metals Corp. is repositioning its portfolio around high-potential copper, uranium and silver-base metal projects through major acquisitions in Botswana and Bosnia and Herzegovina, while preparing to divest its Australian assets. In 2025 the company secured 100% ownership of Cura Exploration Botswana Corp., gaining a significant land package on the Kalahari Copper Belt that includes the Central Project, viewed as a Tier 1 copper discovery opportunity, and a uranium portfolio centered on the Serule project adjacent to Lotus Resources’ Lethlakane project. Leviathan also completed the acquisition of Foča Metals Corp., giving it full control of the Foča Project in the underexplored but highly prospective Central Dinaride zone, where historic drilling and recent geochemical work suggest strong silver-base metal potential. With drilling campaigns planned and fully permitted in both Botswana and Bosnia and a staged sale of its Australian properties progressing, the company is positioning itself for a year of heightened exploration activity and potential value creation in 2026, supported by what it describes as a solid balance sheet and specialized regional expertise.

The most recent analyst rating on (TSE:LVX) stock is a Hold with a C$0.57 price target. To see the full list of analyst forecasts on Leviathan Gold stock, see the TSE:LVX Stock Forecast page.

Leviathan Metals Completes Strategic Amalgamation with Cura Exploration

Leviathan Metals Corp. has successfully completed an amalgamation with Cura Exploration Botswana Corp., acquiring 100% of Cura’s issued and outstanding securities. This strategic move grants Leviathan ownership of the Kalahari Copper and Uranium Exploration Portfolios in Botswana, including the Central Project, which is adjacent to significant copper deposits. The acquisition enhances Leviathan’s position in the mining industry, particularly in Botswana, a politically stable and mining-friendly jurisdiction. The transaction involved exchanging common shares and warrants, positioning Leviathan for potential growth in copper and uranium exploration.

Leviathan Gold Rebrands as Leviathan Metals Corp., Shifts Focus to Strategic Mineral Exploration

Leviathan Gold Ltd. has announced a name change to Leviathan Metals Corp., reflecting its strategic focus on copper, uranium, and polymetallic exploration. The company has received conditional approval for the acquisition of a Botswana property portfolio, with trading under the new name expected to commence on November 14, 2025. The name change and acquisition are part of Leviathan’s broader strategy to enhance its market positioning and operational focus.

Leviathan Gold Receives Conditional Approval for Acquisition of Cura Exploration Botswana

Leviathan Gold Ltd. has received conditional approval from the TSX Venture Exchange for its proposed acquisition of Cura Exploration Botswana Corp., which holds interests in copper and uranium exploration portfolios in Botswana. The transaction is expected to close on November 18, 2025, and is considered a Fundamental Acquisition under TSXV policy. There will be no change in control or management, and no finder’s fees will be paid.

Leviathan Gold Announces Acquisition and Name Change

Leviathan Gold Ltd. has announced its intention to acquire Cura Botswana Corp., which holds interests in copper and uranium exploration in Botswana. The acquisition has received shareholder approval and is pending regulatory review. Additionally, Leviathan plans to change its name to Leviathan Metals Corp. to better reflect its operational focus, with the name change expected to coincide with the acquisition’s completion.