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Monumental Gold (TSE:MNRG)
:MNRG
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Monumental Gold (MNRG) AI Stock Analysis

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TSE:MNRG

Monumental Gold

(MNRG)

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Neutral 45 (OpenAI - 5.2)
Rating:45Neutral
Price Target:
C$0.09
▼(-12.00% Downside)
Action:N/A
Date:07/01/26
The score is primarily held down by weak financial performance (pre-revenue, widening losses, persistent cash burn, and sharply declining equity). Technicals provide some support with the price above the 20-day and 200-day averages, but trend signals are mixed and key momentum indicators are unavailable. Valuation is also a constraint given negative earnings and no dividend yield.
Positive Factors
Conservative leverage
A zero-debt capital structure materially reduces mandatory interest and refinancing obligations, preserving financial flexibility. Over a multi-month horizon this lowers short-term liquidity pressure, giving management options to time financings or focus cash on development rather than debt service.
Negative Factors
Pre-revenue with widening losses
Absence of revenue and accelerating net losses indicate lack of commercial traction and rising scale challenges. Over 2–6 months this impairs the company’s ability to self-fund development, prolongs reliance on external capital, and elevates the execution risk of reaching commercial milestones.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
A zero-debt capital structure materially reduces mandatory interest and refinancing obligations, preserving financial flexibility. Over a multi-month horizon this lowers short-term liquidity pressure, giving management options to time financings or focus cash on development rather than debt service.
Read all positive factors

Monumental Gold (MNRG) vs. iShares MSCI Canada ETF (EWC)

Monumental Gold Business Overview & Revenue Model

Company Description
Monumental Energy Corp. is an early-stage Vancouver, Canada-based company, founded in 2020, primarily focused on the identification and development of mineral properties within Chile. The firm's core exploration efforts are directed toward discove...

Monumental Gold Financial Statement Overview

Summary
Financials indicate a pre-revenue company with persistent and worsening losses (net income down to -4.71M in 2025) and ongoing cash burn (operating cash flow negative each year; free cash flow declined in 2025). The balance sheet has no debt, but equity has eroded sharply (to 0.92M in 2025), increasing reliance on external financing.
Income Statement
12
Very Negative
Balance Sheet
28
Negative
Cash Flow
18
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit0.000.000.000.000.000.00
EBITDA-1.06M-1.21M-1.41M-1.13M-2.02M-1.08M
Net Income-3.74M-4.71M-3.72M-1.12M-2.44M-1.08M
Balance Sheet
Total Assets1.53M1.11M5.16M8.61M6.36M951.26K
Cash, Cash Equivalents and Short-Term Investments569.15K417.58K2.42M3.15M3.06M554.50K
Total Debt0.000.000.000.000.000.00
Total Liabilities140.97K182.62K214.19K146.75K122.99K49.06K
Stockholders Equity1.38M923.28K4.95M8.46M6.23M902.20K
Cash Flow
Free Cash Flow-881.55K-1.13M-1.36M-1.07M-1.65M-649.61K
Operating Cash Flow-960.90K-1.13M-1.11M-871.64K-1.43M-629.61K
Investing Cash Flow-616.23K-648.00K-781.35K-2.07M-710.23K-241.75K
Financing Cash Flow764.78K554.26K0.003.03M4.65M1.06M

Monumental Gold Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
50
Neutral
C$5.68M-3.24-4.44%-1885.71%
50
Neutral
C$5.94M-6.85-52.50%-205.88%
46
Neutral
C$3.45M-1.47-373.79%-1596.43%
45
Neutral
C$10.04M-1.44-80.37%31.52%
44
Neutral
C$4.75M-14.10-81.50%
43
Neutral
C$22.87M-1.25-229.81%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:MNRG
Monumental Gold
0.09
0.03
50.00%
TSE:NEV
Nevada Sunrise Gold
0.05
<0.01
28.57%
TSE:GGLD
General Gold Resources
0.07
0.05
225.00%
TSE:WBGD
Waraba Gold Limited
0.41
0.14
52.42%
TSE:NSJ
NSJ Gold
0.25
0.22
733.33%
TSE:ASHL
Ashley Gold Corp.
0.06
0.02
37.50%
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.Date of analysis: Jul 01, 2026