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Troilus Gold Corp
(TSX:TLG)
Troilus Gold Corp (TLG) vs. iShares MSCI Canada ETF (EWC)
Troilus Gold Corp Business Overview & Revenue Model
Troilus Gold Corp Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.35M | -1.51M | -1.53M | -305.00K | -221.13K |
| EBITDA | -36.22M | -32.66M | -33.74M | -34.71M | -73.61M |
| Net Income | -39.36M | -34.27M | -5.58M | -36.21M | -81.38M |
Balance Sheet | |||||
| Total Assets | 44.46M | 24.93M | 36.83M | 30.72M | 66.15M |
| Cash, Cash Equivalents and Short-Term Investments | 26.07M | 7.50M | 17.90M | 9.99M | 53.59M |
| Total Debt | 21.44M | 1.02M | 1.07M | 1.26M | 1.23M |
| Total Liabilities | 32.16M | 9.34M | 6.94M | 12.79M | 19.21M |
| Stockholders Equity | 12.30M | 15.59M | 29.88M | 17.93M | 46.93M |
Cash Flow | |||||
| Free Cash Flow | -34.65M | -20.18M | -31.70M | -43.30M | -50.49M |
| Operating Cash Flow | -33.60M | -19.79M | -31.11M | -42.43M | -49.85M |
| Investing Cash Flow | -1.13M | 5.49M | 15.95M | -1.09M | 1.16M |
| Financing Cash Flow | 53.00M | 17.27M | 9.56M | -445.28K | 72.27M |
Troilus Gold Corp Technical Analysis
Troilus Gold Corp Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | C$862.67M | -755.00 | -0.62% | ― | ― | 41.18% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | C$879.89M | -13.27 | -231.13% | ― | ― | -53.49% | |
53 Neutral | C$537.42M | -39.49 | -24.29% | ― | ― | -1422.76% | |
52 Neutral | C$844.60M | -222.34 | -1.92% | ― | ― | 41.98% | |
49 Neutral | C$904.60M | -90.38 | -31.51% | ― | ― | 11.83% | |
37 Underperform | C$515.70M | -118.79 | -6.29% | ― | ― | -67.96% |
Troilus Gold Corp Corporate Events
Troilus Mining Corp. reported substantial progress in 2025 on its flagship Troilus copper-gold project, including completion of basic engineering and transition to detailed engineering, submission of its Environmental and Social Impact Assessment at federal and provincial levels, and targeted drilling to enhance geological confidence and upgrade resources. The company also bolstered its leadership and operational teams, modernized internal systems to prepare for execution, and saw its share price rise about 432%, while being recognized as a strategic critical-minerals asset through participation in Canadian trade missions and an “Entrepreneur of the Year” award. With key development “gating items” now well advanced, Troilus positions 2026 as a pivotal transition year focused on disciplined execution, advancing permitting, financing and engineering to move toward early construction readiness and further de-risk the project for stakeholders.
The most recent analyst rating on (TSE:TLG) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Troilus Gold Corp stock, see the TSE:TLG Stock Forecast page.
Troilus Mining Corp. has announced a name change from Troilus Gold Corp. to better reflect its broader focus on future metals production, including copper, gold, and silver, as it transitions from exploration to development. The name change aligns with the company’s strategic importance to Quebec and Canada and its shares will continue to trade under the ‘TLG’ ticker symbol. Additionally, the company held its Annual and Special Meeting where all director nominees were elected, and Deloitte LLP was appointed as auditors, indicating strong shareholder support.
The most recent analyst rating on (TSE:TLG) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Troilus Gold Corp stock, see the TSE:TLG Stock Forecast page.
Troilus Gold Corp. has increased its debt financing mandate from US$700 million to US$1 billion to support the development of its copper-gold Troilus Project in Quebec, Canada. This decision reflects strong market conditions, improved project economics, and lender confidence, positioning Troilus as a significant player in North America’s mining sector. The financing, led by major global financial institutions, is expected to finalize by Q1 2026, enabling Troilus to advance towards a fully funded construction package by 2026, highlighting the company’s strategic importance and commitment to delivering value to stakeholders.
The most recent analyst rating on (TSE:TLG) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Troilus Gold Corp stock, see the TSE:TLG Stock Forecast page.
Troilus Gold Corp. has successfully closed a $172.5 million bought deal public offering, which includes the full exercise of the over-allotment option. The proceeds from this offering will be used to fund pre-development activities at the Troilus Copper-Gold project, debt repayment, and general corporate purposes. This financial move strengthens Troilus’s position in the mining industry, particularly in North America, as it continues to develop its cornerstone project in Quebec.
The most recent analyst rating on (TSE:TLG) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Troilus Gold Corp stock, see the TSE:TLG Stock Forecast page.
Troilus Gold Corp has announced a $150 million bought deal public offering to fund its ongoing pre-development activities, debt repayment, and general corporate purposes. This move is part of the company’s broader strategy to transition from feasibility to development of its Troilus Copper-Gold project, with significant progress in project financing, permitting, and engineering, positioning the company for a potential construction decision in 2026.
The most recent analyst rating on (TSE:TLG) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Troilus Gold Corp stock, see the TSE:TLG Stock Forecast page.
Troilus Gold Corp. has been awarded the ‘Entrepreneur of the Year’ by the Québec Mineral Exploration Association, recognizing its leadership in advancing the Troilus copper-gold project. This accolade highlights a transformational year for Troilus, marked by significant achievements in engineering, permitting, and financing as the company moves towards construction. The project is poised to become a major economic driver in Québec, expected to generate substantial tax revenue and employment, aligning with provincial and federal priorities for sustainable resource development.
The most recent analyst rating on (TSE:TLG) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Troilus Gold Corp stock, see the TSE:TLG Stock Forecast page.
Troilus Gold Corp. has announced a change in its auditor from McGovern Hurley LLP to Deloitte LLP, effective October 21, 2025. This change was approved by the Board of Directors, and there were no reservations or reportable events with the former auditor. The company expressed gratitude to McGovern Hurley LLP for their services. This transition is part of Troilus’s ongoing efforts to strengthen its financial governance as it progresses towards production at its flagship mining project in Quebec.
The most recent analyst rating on (TSE:TLG) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Troilus Gold Corp stock, see the TSE:TLG Stock Forecast page.
Troilus Gold Corp. has achieved over 85% completion of basic engineering for its Troilus Project, with the assistance of BBA Inc. This progress signifies a crucial step towards construction readiness, with a construction decision anticipated in 2026. The company has issued all Requests for Quotations and developed comprehensive project execution plans, indicating a structured approach to transitioning from construction to operations. This advancement underscores Troilus’s commitment to refining project scope, costs, and delivery strategy, positioning it as a significant player in the North American mining sector.
The most recent analyst rating on (TSE:TLG) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Troilus Gold Corp stock, see the TSE:TLG Stock Forecast page.