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Evergreen Lithium Ltd.
(Sydney:EG1)
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Rating:43Neutral
Price Target:
AU$0.03
â–Ľ(-13.33% Downside)
Action:Upgraded
Date:06/23/26
The score is held down primarily by weak financial performance (minimal revenue, widening losses, and ongoing cash burn alongside declining equity). Technicals also remain bearish with the price below key moving averages and a negative MACD, with only a mild near-oversold RSI offset. Valuation provides limited support because the negative P/E reflects persistent losses and there is no dividend yield.
Positive Factors
Low leverage / No debt
Zero reported debt across 2024–2025 materially reduces financial distress risk and interest burden. For an exploration company this durable balance-sheet feature preserves flexibility to time equity or project financing, extending runway and supporting multi-stage drilling programs.
Negative Factors
Minimal revenue and widening losses
Persistent lack of meaningful revenue alongside rapidly widening losses indicates the business is pre-commercial and far from self-sustaining. Over a multi-month horizon this raises execution risk, lengthens time to positive earnings, and increases the likelihood the company must seek dilutive financing to continue operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / No debt
Zero reported debt across 2024–2025 materially reduces financial distress risk and interest burden. For an exploration company this durable balance-sheet feature preserves flexibility to time equity or project financing, extending runway and supporting multi-stage drilling programs.
Read all positive factors
Evergreen Lithium Ltd. (EG1) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$13.54M
Dividend YieldN/A
Average Volume (3M)1.24M
Price to Earnings (P/E)―
Beta (1Y)0.54
Revenue GrowthN/A
EPS Growth-189.10%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.08
Shares Outstanding436,845,370
10 Day Avg. Volume1,488,740
30 Day Avg. Volume1,241,154
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.21
Price to Sales (P/S)0.00
P/FCF Ratio-3.66
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Evergreen Lithium Ltd. Business Overview & Revenue Model
Company Description
Established in 2022, Evergreen Lithium Limited is an Australian company dedicated to the exploration and development of mineral deposits across the country. Its primary asset is the Bynoe Lithium project, a significant site encompassing approximat...
How the Company Makes Money
null...
Evergreen Lithium Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 28.35K | 0.00 | 0.00 |
| Gross Profit | -36.31K | -36.02K | -24.14K | 13.14K | 0.00 | 0.00 |
| EBITDA | -14.75M | -14.83M | -5.40M | -5.12M | -1.18M | -67.11K |
| Net Income | -14.78M | -14.87M | -5.42M | -5.14M | -1.18M | -67.11K |
Balance Sheet | ||||||
| Total Assets | 4.91M | 4.60M | 16.89M | 21.01M | 16.32M | 17.63K |
| Cash, Cash Equivalents and Short-Term Investments | 647.98K | 2.14M | 5.58M | 8.69M | 6.25M | 308.00 |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 50.00K | 2.09K |
| Total Liabilities | 282.55K | 237.64K | 311.68K | 779.64K | 1.25M | 391.12K |
| Stockholders Equity | 4.62M | 4.37M | 16.58M | 20.23M | 15.07M | -373.49K |
Cash Flow | ||||||
| Free Cash Flow | -2.24M | -1.44M | -3.11M | -4.20M | 15.00 | -36.21K |
| Operating Cash Flow | -1.92M | -1.44M | -1.78M | -2.22M | 99.00 | -36.21K |
| Investing Cash Flow | -671.93K | -1.94M | -1.33M | -1.98M | 1.11K | 0.00 |
| Financing Cash Flow | -58.46K | -58.46K | 0.00 | 6.64M | 6.25M | 36.05K |
Evergreen Lithium Ltd. Technical Analysis
Positive
0.03
Price Trends
0.03
Positive
0.02
Positive
0.03
Positive
Market Momentum
<0.01
Negative
54.65
Neutral
42.86
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EG1, the sentiment is Positive. The current price of 0.03 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.65 is Neutral, neither overbought nor oversold. The STOCH value of 42.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:EG1.
Evergreen Lithium Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
47 Neutral | AU$21.61M | -200.00 | -0.50% | ― | ― | 84.18% | |
46 Neutral | AU$15.23M | -4.00 | -42.15% | ― | -11.28% | 41.18% | |
44 Neutral | AU$8.98M | -2.38 | -38.97% | ― | ― | 80.00% | |
44 Neutral | AU$6.37M | -0.24 | -247.28% | ― | ― | -766.67% | |
43 Neutral | AU$13.54M | -0.35 | -328.72% | ― | ― | -189.10% | |
39 Underperform | AU$54.08M | -12.83 | -12.22% | ― | ― | -67.65% |
* Basic Materials Sector Average
AU:EG1
Evergreen Lithium Ltd.
0.03
>-0.01
-10.00%
AU:LIT
Lithium Australia NL
0.01
>-0.01
-33.33%
AU:EV1
Evolution Energy Minerals Limited
0.01
>-0.01
-9.09%
AU:INF
Infinity Lithium Corporation Limited
0.01
-0.01
-50.00%
AU:LPM
Lithium Plus Minerals Ltd.
0.14
0.07
100.00%
AU:PL3
Patagonia Lithium Limited
0.15
0.10
237.21%
Evergreen Lithium Ltd. Corporate Events
Evergold Minerals Issues 3 Million Unquoted Employee Incentive Options
Jul 31, 2026
Evergold Minerals Limited has issued a total of 3 million unquoted options under an employee incentive scheme, with tranches expiring in 2027, 2029 and 2030. The options, all with nil exercise price and not intended to be quoted on the ASX, are de...
Evergold Minerals Director Lifts Direct Shareholding Through On-Market Buy
Jul 30, 2026
Evergold Minerals Limited has disclosed a change in director Simon Lill’s interests, with no movement in his indirectly held shares or unlisted options and all changes occurring in his direct holdings.Lill acquired 4,000,000 ordinary fully p...
Evergold issues new shares linked to tenement deal and option exercise
Jul 28, 2026
Evergold Minerals Limited has issued 6,695,590 fully paid ordinary shares at $0.03734 per share as part of a tenement sale agreement with Kin East Pty Ltd, which was previously approved by shareholders. The company has also issued 1,000,000 fully ...
Evergold Minerals Seeks ASX Quotation for 1 Million New Shares
Jul 28, 2026
Evergold Minerals Limited has applied for quotation on the ASX of 1,000,000 new ordinary fully paid shares under its ticker EG1. The newly issued securities, dated July 28, 2026, arise from the exercise or conversion of existing options or other c...
Evergold Minerals Seeks ASX Quotation for 6.7 Million New Shares
Jul 28, 2026
Evergold Minerals Limited has applied for quotation on the ASX of 6,695,590 ordinary fully paid shares under its existing ticker EG1. The newly quoted securities, issued on 28 July 2026, expand the company’s listed share base, potentially en...
Evergold Accelerates Mt Monger Exploration With 13,000m Aircore Drill Program
Jul 21, 2026
Evergold Minerals Limited has launched a more than 13,000 metre aircore drilling program at its Mt Monger Gold Project in Western Australia, following a successful maiden reverse circulation campaign at the Duchess of York prospect. The company ai...
Evergold Hits Highest-Grade Gold Yet at Mt Monger as Maiden Drilling Wraps Up
Jul 14, 2026
Evergold Minerals has completed its maiden 2026 reverse circulation drilling campaign at the Duchess of York prospect within the Mt Monger Gold Project, returning broad zones of shallow, structurally controlled gold mineralisation with standout hi...
Evergold Assays Confirm Scale of Gold System at Mt Monger
Jul 8, 2026
Evergold Minerals has reported further assay results from its 2026 reverse circulation drilling program at the Duchess of York prospect within the Mt Monger Gold Project in Western Australia. With about 80% of samples processed, the company is con...
Evergold Minerals Issues Shares on Option Exercise and Confirms Regulatory Compliance
Jul 7, 2026
Evergold Minerals Limited has issued 1,000,000 fully paid ordinary shares at no issue price following the exercise of options, expanding its share capital without undertaking a formal disclosure under the fundraising provisions of the Corporations...
Evergold Minerals Seeks ASX Quotation for 1 Million New Shares
Jul 7, 2026
Evergold Minerals Limited has applied for quotation of 1,000,000 new ordinary fully paid shares on the Australian Securities Exchange. The securities, issued on July 7, 2026, will be listed under the existing EG1 code, modestly increasing the comp...
Evergold Confirms Broad, Deepening Gold Zones at Duchess of York Prospect
Jun 24, 2026
Evergold Minerals reported initial reverse circulation drilling results from its 2026 program at the Duchess of York prospect within the Mt Monger Gold Project in Western Australia. The company’s assays confirm multiple broad zones of gold m...
Evergold Director Simon Lill Boosts Stake with On‑Market Share Purchase
Jun 21, 2026
Evergold Minerals Limited has reported a change in director Simon Lill’s holdings, with an on‑market purchase of 2,000,000 ordinary fully paid shares at $0.0215 per share, for a total consideration of $43,000. Following this transactio...
Evergold Director Increases Indirect Stake Through Stage 2 Share Placement
May 8, 2026
Evergold Minerals Limited has reported a change in director Simon Lill’s interests, with his indirect holding increasing by 4,714,286 ordinary fully paid shares at $0.035 per share, bringing his indirect stake to 14,714,286 shares while his ...
EverGold Minerals Issues 5 Million New Unquoted Options
May 8, 2026
EverGold Minerals Limited has issued 5,000,000 unquoted options, each exercisable at $0.0525 and expiring on May 8, 2029, as notified in its latest Appendix 3G filing with the ASX. The creation of this new class of options expands the company̵...
Evergold Minerals Expands Capital Base with Tranche 2 Share Placement
May 8, 2026
Evergold Minerals has issued 83,790,379 fully paid ordinary shares at $0.035 per share under the Tranche 2 Placement approved by shareholders, alongside a further 6,571,429 shares issued to related parties on the same terms. The company stated the...
Evergold Minerals Seeks ASX Quotation for Over 6.5 Million New Shares
May 8, 2026
Evergold Minerals Limited has applied for quotation on the ASX of 6,571,429 new ordinary fully paid shares under code EG1, with an issue date of May 8, 2026. The additional securities expand the company’s quoted share capital, potentially en...
Evergold Minerals Seeks ASX Quotation for 83.8 Million New Shares
May 8, 2026
Evergold Minerals Limited has applied for the quotation of 83,790,379 ordinary fully paid shares on the ASX, with an issue date of May 8, 2026. The securities form part of a previously announced transaction, signalling a significant increase in th...
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.