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Revival Gold
(RVG)
Revival Gold (RVG) vs. iShares MSCI Canada ETF (EWC)
Revival Gold Business Overview & Revenue Model
Revival Gold Financial Statement Overview
| 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 | -38.65K | -45.33K | -7.77K | -2.17K | -2.93K | -4.25K |
| EBITDA | -8.75M | -8.07M | -8.94M | -11.45M | -8.88M | -9.66M |
| Net Income | -8.44M | -8.04M | -8.59M | -11.39M | -8.89M | -9.77M |
Balance Sheet | ||||||
| Total Assets | 60.04M | 35.54M | 39.29M | 13.29M | 15.49M | 13.30M |
| Cash, Cash Equivalents and Short-Term Investments | 24.56M | 1.31M | 5.30M | 4.49M | 7.10M | 5.95M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.20M | 1.65M | 2.05M | 1.01M | 1.05M | 810.74K |
| Stockholders Equity | 57.84M | 33.89M | 37.24M | 12.28M | 14.45M | 12.49M |
Cash Flow | ||||||
| Free Cash Flow | -8.68M | -8.28M | -8.73M | -11.13M | -8.85M | -9.30M |
| Operating Cash Flow | -8.57M | -8.00M | -8.03M | -10.46M | -8.53M | -8.96M |
| Investing Cash Flow | -375.49K | -184.92K | -682.58K | -661.17K | -316.48K | -340.76K |
| Financing Cash Flow | 28.52M | 4.10M | 9.55M | 8.48M | 10.05M | 14.12M |
Revival Gold Technical Analysis
Revival Gold Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | C$215.77M | 19.33 | 58.09% | ― | 12.05% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | C$224.74M | -36.15 | -7.79% | ― | ― | -105.98% | |
54 Neutral | C$201.66M | -15.13 | -22.63% | ― | ― | -6.54% | |
51 Neutral | C$269.14M | -24.42 | -89.19% | ― | ― | -70.87% | |
49 Neutral | C$202.88M | -46.67 | -5.92% | ― | ― | -7.14% |
Revival Gold Corporate Events
Revival Gold reported encouraging new drilling results from its Mercur Gold Project in Utah, including intercepts of 1.8 g/t gold over 25.9 meters and other significant intervals of near-surface oxide mineralization that confirm the expected grade, leachability, and exploration upside relative to existing resource and metallurgical models. Alongside these results, the company outlined key steps in advancing Mercur toward a planned pre-feasibility study in 2026, including launching baseline biological and archaeological mitigation fieldwork, preparing a new round of column leach metallurgical tests, initiating work to redevelop historical water supply wells, and appointing veteran mining executive Timothy S. Barnett as General Manager to oversee site development and operations, all aimed at restarting gold production at a targeted scale of 100,000 ounces per year.
The most recent analyst rating on (TSE:RVG) stock is a Hold with a C$0.75 price target. To see the full list of analyst forecasts on Revival Gold stock, see the TSE:RVG Stock Forecast page.
In 2025, Revival Gold reported a year of “transformational growth,” underpinned by strategic equity investments totaling C$34 million from Dundee Corporation and EMR Capital, both experienced mining-focused investors, strengthening the developer’s balance sheet and validating its asset base. The company delivered a robust Preliminary Economic Assessment for its Mercur project, outlining a 10-year mine life with average annual production of 95,600 ounces of gold, an after-tax NPV of US$752 million and 57% IRR at US$3,000/oz, and initiated permitting and technical work ahead of a planned 2026 pre-feasibility study. Revival also advanced drilling and metallurgical programs at both Mercur and Beartrack-Arnett, consolidated the full 7,200-hectare Mercur land package by exercising an option on Barrick claims, and strengthened its management team, moves that collectively enhance its development pipeline and position the company for further growth in the U.S. gold sector.
Revival Gold has exercised its option to acquire 100% of Barrick Mining Corporation’s interest in the Mercur Gold Project in Utah, consolidating a 7,200-hectare land package and completing control over a large Carlin-style gold system. The move follows a 2025 preliminary economic assessment and a 13,000-metre drill program supporting a planned 2026 pre-feasibility study and mine permitting, with the PEA outlining a 10-year heap leach operation averaging 95,600 ounces of gold annually and indicating robust project economics at current and higher gold prices. Under the option terms, Revival Gold will acquire Barrick’s U.S. subsidiary, make staged payments totaling US$20 million tied to closing and future commercial production, and grant Barrick net smelter return royalties on Mercur and surrounding claims, with closing targeted for around April 1, 2026 subject to regulatory approvals and environmental bonding. Management describes Mercur as the company’s top production priority, highlighting Utah’s supportive jurisdiction, existing site infrastructure and Barrick’s legacy of strong environmental and community standards, which Revival Gold intends to maintain as it advances toward a restart of mining.
Revival Gold has announced an update on its drilling program at the Mercur Gold Project in Utah, revealing promising assay results from ten additional drill holes. The results indicate potential upside in the Rover area of the deposit, with several intercepts extending outside current pit designs. The drilling program, which is nearly 90% complete, supports a planned 2026 pre-feasibility study, marking a significant step towards restarting gold production at Mercur.
Revival Gold announced the results of their Annual General Meeting, where shareholders approved all business items, including the election of directors. Key leadership positions were reaffirmed, and 5,300,000 incentive stock options were granted to directors, officers, and consultants as part of the company’s annual compensation plan. This announcement underscores Revival Gold’s stable governance and strategic focus on advancing its gold projects, potentially enhancing its market position and shareholder value.
Revival Gold Inc. announced promising results from its ongoing drilling program at the Mercur Gold Project in Utah, revealing significant gold intersections that suggest potential for resource expansion. The shallow nature of the deposit and alignment with preliminary economic assessments indicate lower extraction costs and significant upside potential for investors, especially given the favorable long-term gold price projections.
Revival Gold Inc. has announced significant progress in its drilling programs at the Mercur and Beartrack-Arnett Gold Projects. At Mercur, the company has completed 70 holes and 7,500 meters of its planned 13,000-meter program, with promising assay results supporting a 2026 pre-feasibility study aimed at restarting production. Meanwhile, a fourth rig has been mobilized to Beartrack-Arnett to explore new high-grade areas, with initial results expected in December. These developments are crucial steps in enhancing Revival Gold’s resource base and advancing its strategic goals in the gold mining sector.
Revival Gold Inc. has appointed Scott Trebilcock as Vice President of Corporate Development & Investor Relations. Trebilcock brings over 30 years of experience in mining and management consulting, having previously led significant M&A and investor relations strategies. His appointment is expected to enhance Revival Gold’s investor outreach and access to capital, as the company advances its major U.S. gold discoveries towards production amid growing strategic interest in domestic gold production.