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E79 Gold Mines Limited (E79) AI Stock Analysis

6 Followers
AU:E79

E79 Gold Mines Limited

(ASX:E79)

Select Model
Rating:42Neutral
Price Target:AUD 0.02â–¼(-7.69% Downside)
Action:reiterated
Date:11/06/26

The score is driven primarily by weak financial performance (losses, zero revenue in 2026, and ongoing negative operating/free cash flow), which outweighs the balance-sheet benefit of having no debt. Technicals are also bearish with the price below major moving averages and a negative MACD, while valuation offers little support due to a negative P/E and no dividend.

Positive Factors
Debt-free balance sheetHaving no debt reduces refinancing pressure, interest obligations, and the risk that lenders constrain operations during an extended exploration period. This gives E79 greater financial flexibility than a similarly loss-making explorer carrying material leverage, although it does not remove funding needs.
Negative Factors
Zero revenue and sustained lossesZero annual revenue and repeated large net losses show that E79 has not yet established a commercially self-sustaining operating model. Continued losses reduce the equity base over time and leave future progress dependent on exploration success, asset transactions, or additional funding.

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

-20%0%20%40%60%80%100%AU:E79+8.33%EWA+16.89%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
AUD 8.84M
Dividend Yield
―
Average Volume (3M)
261.69K
Price to Earnings (P/E)
-2.5
Beta (1Y)
1.35
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...

E79 Gold Mines Limited Financial Statement Overview

Summary

Overall financials are weak due to sustained losses, inconsistent revenue (down to zero in 2026), and persistent cash burn (negative operating and free cash flow). The main offsetting strength is a debt-free balance sheet with positive equity, which lowers near-term solvency risk but does not resolve ongoing funding needs.

Income Statement

12Very Negative

Balance Sheet

62Positive

Cash Flow

18Very 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

MACD-0.00Negative
RSI53.23Neutral
STOCH194.44Negative

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 bullish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 53.23 is Neutral, neither overbought nor oversold. The STOCH value of 194.44 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:KALAU:KAL42NeutralAUD 10.02M-4.10-9.75%――32.76%
AU:E79AU:E7942NeutralAUD 9.19M-2.48-30.14%――36.31%
AU:FG1AU:FG141NeutralAUD 9.92M-1.73-201.09%――41.73%
AU:ICLAU:ICL40UnderperformAUD 7.05M-0.81-31.65%――-118.69%
AU:PGDAU:PGD39UnderperformAUD 11.95M-2.89-55.21%―-100.00%-8.36%
AU:NSMAU:NSM38UnderperformAUD 5.83M-4.29-8.22%――-16.67%

* 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 '26Nov '26
AU:E79 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:E79E79 Gold Mines Limited0.030.004.00%
AU:ICLIceni Gold Ltd.0.02-0.04-68.33%
AU:KALKalgoorlie Gold Mining Limited0.02-0.05-73.44%
AU:NSMNorth Stawell Minerals, Ltd.0.01-0.02-59.46%
AU:FG1Flynn Gold Ltd.0.01-0.01-39.13%
AU:PGDPeregrine Gold Ltd.0.11-0.19-63.33%

E79 Gold Mines Limited Corporate Events

E79 Gold to Launch Major Drilling at Cue as NT Surveys Sharpen Copper-Gold Targets

Oct 27, 2026

E79 Gold Mines is advancing its Cue Gold Project in Western Australia toward the first drilling campaign in nearly three decades, with all tenements now granted, a Heritage Protection Agreement signed with Yugunga-Nya Traditional Owners, and heritage...

E79 Gold clears heritage hurdle and readies major drilling push at Cue

Oct 20, 2026

E79 Gold Mines has completed an Aboriginal heritage survey across multiple prospects at its flagship Cue Gold Project in Western Australia’s Murchison region, clearing a key regulatory step for drilling. With all environmental approvals and tenements...

E79 Gold Mines Plans New Share Placement to Raise Capital

Oct 20, 2026

E79 Gold Mines Limited has notified the ASX of a proposed placement of up to 14,285,715 ordinary fully paid shares, with an intended issue date of 19 November 2026. The new securities will be quoted on the ASX, subject to the exchange’s approval, und...

E79 Gold Mines Plans Issue of 2 Million Unlisted Options

Oct 20, 2026

E79 Gold Mines Limited has lodged a filing with the ASX outlining a proposed issue of up to 2,000,000 unlisted options, which are scheduled to expire on 30 November 2029. The options are expected to be issued on 19 November 2026 as part of a placemen...

E79 Gold Mines Sets November 2026 Date for Annual General Meeting

Oct 20, 2026

E79 Gold Mines Limited has scheduled its Annual General Meeting for 18 November 2026 at its Nedlands, Western Australia office, with an option for shareholders to register and view proceedings via Zoom. The company outlines voting procedures, includi...

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-edition princi...

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 area co...

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...

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: Nov 06, 2026