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E79 Gold Mines Limited (E79) AI Stock Analysis

AU:E79

E79 Gold Mines Limited

(ASX:E79)

Select Model
Rating:57Neutral
Price Target:AUD 0.03â–²(28.00% Upside)
Action:upgraded
Date:09/23/26

The overall score is driven by a stark contrast between very strong technical momentum and significant fundamental risks. While the stock benefits from a debt-free balance sheet and bullish price action breaking above all key moving averages, the complete lack of top-line revenue, ongoing cash burn, and highly speculative valuation metrics heavily constrain its fundamental appeal.

Positive Factors
Debt-free balance sheetA debt-free balance sheet lowers refinancing exposure and avoids mandatory interest payments while the company remains loss-making. This provides greater financial flexibility than a leveraged exploration peer, although it does not remove the need to fund ongoing exploration and operating cash outflows.
Negative Factors
No current revenue and sustained lossesZero annual revenue and repeated sizeable net losses show that E79 has not yet established a commercial operating base. Persistent unprofitability limits internal funding capacity and leaves future financial performance dependent on exploration success, asset monetisation, or additional external funding.

E79 Gold Mines Limited (E79) vs. iShares MSCI Australia ETF (EWA)

-25%0%25%50%75%100%AU:E79+17.39%EWA+15.36%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 9.19M
Dividend Yield
―
Average Volume (3M)
291.68K
Price to Earnings (P/E)
-2.7
Beta (1Y)
1.36
Revenue Growth
―
EPS Growth
36.31%
Country
Australia
Employees
5
Sector
Basic Materials
Sector Strength
61
Industry
Gold

E79 Gold Mines Limited Business Overview & Revenue Model

Company Description

E79 Gold Mines Limited primarily engages in the exploration for gold deposits. The company boasts two key projects: the Laverton South project, which encompasses approximately 355 square kilometers through its Lake Yindana and Pinjin tenement package...

How the Company Makes Money

null

E79 Gold Mines Limited Financial Statement Overview

Summary

Presents a polarized profile with a pristine, debt-free balance sheet providing stability, offset by zero revenue and persistent operating cash burn characteristic of an exploration-stage junior miner.

Income Statement

15Very Negative

Balance Sheet

85Very Positive

Cash Flow

20Very Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue00267.87K07,1820
Gross Profit-87.19K-87.19K267.87K-140.16K-61.23K-31.31K
EBITDA-2.48M-2.48M-1.82M-2.60M-3.99M-2.30M
Net Income-2.41M-2.41M-1.86M-2.74M-4.06M-2.33M
Balance Sheet
Total Assets7.79M7.79M5.92M5.88M8.41M10.46M
Cash, Cash Equivalents and Short-Term Investments2.45M2.45M2.11M2.09M4.50M6.89M
Total Debt000000
Total Liabilities197.14K197.14K315.75K200.18K783.66K377.81K
Stockholders Equity7.48M7.48M5.60M5.68M7.63M10.08M
Cash Flow
Free Cash Flow-2.42M-2.42M-1.75M-3.11M-3.67M-2.07M
Operating Cash Flow-2.42M-2.42M-1.65M-3.00M-3.35M-1.83M
Investing Cash Flow-170.63K-170.63K-7,154-104.85K-318.81K-240.59K
Financing Cash Flow2.93M2.93M1.68M698.20K1.28M6.28M

E79 Gold Mines Limited Technical Analysis

Technical Analysis SentimentPositive
Last Price0.03

Price Trends

50DMA0.03Positive
100DMA0.03Positive
200DMA0.03Positive

Market Momentum

MACD0.00Positive
RSI61.63Neutral
STOCH100.00Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:E79, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 61.63 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:E79.

E79 Gold Mines Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:E79 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:E79AU:E7957NeutralAUD 9.55M-2.67-30.14%――36.31%
AU:KALAU:KAL45NeutralAUD 11.27M-4.62-9.75%――32.76%
AU:PGDAU:PGD43NeutralAUD 13.09M-3.17-55.21%―-100.00%-8.36%
AU:FG1AU:FG141NeutralAUD 8.50M-1.48-201.09%――41.73%
AU:NSMAU:NSM41NeutralAUD 6.61M-4.86-8.22%――-16.67%
AU:ICLAU:ICL40UnderperformAUD 7.49M-0.73-31.65%――-118.69%

* Basic Materials Sector Average

Performance Comparison

-50%0%50%AU:E79AU:ICLAU:KALAU:NSMAU:FG1AU:PGDDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:E79 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:E79E79 Gold Mines Limited0.030.003.85%
AU:ICLIceni Gold Ltd.0.02-0.04-71.67%
AU:KALKalgoorlie Gold Mining Limited0.02-0.04-70.49%
AU:NSMNorth Stawell Minerals, Ltd.0.02-0.02-54.05%
AU:FG1Flynn Gold Ltd.0.01-0.01-50.00%
AU:PGDPeregrine Gold Ltd.0.12-0.15-55.77%

E79 Gold Mines Limited Corporate Events

E79 Gold Mines Reaffirms Exploration Oversight and Investor Caution

Sep 8, 2026

E79 Gold Mines Limited is an Australian gold exploration company concentrating on projects in the Murchison region of Western Australia. Its activities centre on identifying and evaluating gold mineralisation, with exploration results compiled by a r...

E79 Gold Mines Files Updated ASX Corporate Governance Disclosures

Sep 8, 2026

E79 Gold Mines Limited has lodged its corporate governance statement for the year ended 30 June 2026 with the ASX, making it available via its website in line with listing requirements. The statement, current as of 8 September 2026 and approved by th...

E79 Gold Mines Outlines 2026 Corporate Governance Framework

Sep 8, 2026

E79 Gold Mines Limited’s board has detailed a corporate governance framework designed to match its scale as an ASX-listed gold exploration company, committing to high standards aligned with the ASX Corporate Governance Council’s fourth-ed...

E79 Gold Mines Releases 2026 Annual Report Detailing Operations and Financials

Sep 8, 2026

E79 Gold Mines Limited has released its 2026 Annual Report, outlining a comprehensive review of operations, financial performance and governance over the past year. The report details profit and loss, cash flows, changes in equity and auditor finding...

E79 Gold Expands Cue Project with Strategic Tenement Option in WA

Aug 27, 2026

E79 Gold Mines has expanded its Cue Gold Project in Western Australia by securing an option over Prospecting Licence Application P21/800, a 1.5 square kilometre tenement between its existing ground and Westgold Resources’ Cue Project. The new a...

E79 Gold Secures Key Tenements and Sets October Start for Cue Drilling

Aug 20, 2026

E79 Gold Mines is accelerating preparations for its first modern drilling program at the Cue Gold Project after securing several key prospecting licences and progressing necessary approvals. The newly granted tenements host the advanced Ada and Chloe...

E79 Gold Mines Ends Substantial Holding After Escrow Release

Aug 5, 2026

E79 Gold Mines Limited has notified the market that it has ceased to be a substantial holder of its own shares, following the release of voluntary escrow restrictions. The change relates to 42,857,143 ordinary shares for which the company previously...

E79 Gold Secures Heritage Agreement to Launch First Modern Drilling at Cue Project

Aug 2, 2026

E79 Gold Mines has executed a Heritage Protection Agreement with the Yugunga-Nya Traditional Owners, establishing a framework for cultural heritage management and collaboration at its Cue Gold Project in Western Australia. The agreement supports resp...

E79 Gold Mines posts quarterly cash outflow as exploration spending continues

Jul 30, 2026

E79 Gold Mines Limited reported a net operating cash outflow of A$401,000 for the quarter ended 30 June 2026, bringing the 12‑month operating cash deficit to A$2.39 million. The quarter’s cash burn was driven largely by exploration and ev...

E79 Gold advances heritage and survey work across key WA and NT projects

Jul 30, 2026

E79 Gold reported solid operational progress in the June 2026 quarter, advancing a heritage agreement at its Cue Gold Project in Western Australia that now paves the way for heritage surveys and subsequent drilling of high-priority gravity targets. T...

E79 Gold Maps New Targets at Mountain Home as Cue Drilling Nears

Jul 29, 2026

E79 Gold Mines Limited has completed a large-scale airborne gravity and magnetic survey over its Mountain Home Copper-Gold-Bismuth Project in the Northern Territory, generating high-quality geophysical datasets that map multiple structural features....

E79 Gold Mines to Release 28.6 Million Shares From Escrow

Jul 23, 2026

E79 Gold Mines Limited has announced that 28,571,429 ordinary fully paid shares will be released from voluntary escrow on 5 August 2026, in line with ASX Listing Rule 3.10A. The move will increase the free‑float of E79 shares on the market, pot...

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: Sep 23, 2026