Skip to main content
TipRanks
Go Ultimate75% OFF

Evergreen Lithium Ltd. (EG1) AI Stock Analysis

5 Followers
AU:EG1

Evergreen Lithium Ltd.

(ASX:EG1)

Select Model
Rating:39Underperform
Price Target:AUD 0.02â–¼(-15.79% Downside)
Action:downgraded
Date:10/20/26

The score is driven primarily by severe financial weakness, especially persistent losses and negative cash flow. Weak technical momentum and the negative P/E ratio provide additional downside pressure; low leverage is the main offset.

Positive Factors
Low debt and positive equityThe absence of financial leverage reduces solvency and interest burdens while positive equity provides a cushion for exploration and development spending. This gives Evergreen greater financial flexibility than a similarly early-stage company carrying substantial debt, although it does not remove funding needs.
Negative Factors
No sustainable revenue baseThe absence of meaningful revenue means Evergreen has not yet demonstrated a self-sustaining operating model or recurring customer demand. Until projects generate commercial income, financial results will remain highly dependent on exploration progress, capital availability, and the eventual success of development activities.

Evergreen Lithium Ltd. (EG1) vs. iShares MSCI Australia ETF (EWA)

-60%-40%-20%0%20%40%AU:EG1-52.50%EWA+17.50%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
AUD 7.95M
Dividend Yield
―
Average Volume (3M)
825.38K
Price to Earnings (P/E)
-3.5
Beta (1Y)
0.34
Revenue Growth
―
EPS Growth
93.04%
Country
Australia
Employees
2
Sector
Basic Materials
Sector Strength
61
Industry
Industrial Materials

Evergreen Lithium Ltd. Business Overview & Revenue Model

Company Description

Evergold Minerals Limited is an Australian mineral exploration company focused on gold, lithium and rare earth elements. Its portfolio includes the Leonora Goldfields and Mt Monger gold projects in the Goldfields region of Western Australia and the B...

Evergreen Lithium Ltd. Financial Statement Overview

Summary

Persistent operating losses, negligible recurring revenue, and consistently negative operating and free cash flow indicate severe financial weakness. Low debt and positive equity provide limited support, but ongoing cash burn and capital dependence keep the score at the floor.

Income Statement

18Very Negative

Balance Sheet

52Neutral

Cash Flow

25Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue000028.35K0
Gross Profit-34.55K-34.55K-36.02K-24.14K13.14K0
EBITDA-2.05M-2.05M-14.83M-5.40M-5.12M1.35M
Net Income-1.56M-1.56M-14.87M-5.42M-5.14M-1.18M
Balance Sheet
Total Assets9.57M9.57M4.60M16.89M21.01M16.32M
Cash, Cash Equivalents and Short-Term Investments4.01M4.01M2.14M5.58M8.69M6.25M
Total Debt0000050.00K
Total Liabilities517.55K517.55K237.64K311.68K779.64K1.25M
Stockholders Equity9.06M9.06M4.37M16.58M20.23M15.07M
Cash Flow
Free Cash Flow-2.34M-2.01M-1.44M-3.11M-4.20M15
Operating Cash Flow-1.99M-1.99M-1.44M-1.78M-2.22M99
Investing Cash Flow-1.04M-1.04M-1.94M-1.33M-1.98M1,113
Financing Cash Flow4.89M4.89M-58.46K06.64M6.25M

Evergreen Lithium Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price0.02

Price Trends

50DMA0.02Negative
100DMA0.02Negative
200DMA0.03Negative

Market Momentum

MACD-0.00Negative
RSI43.99Neutral
STOCH50.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EG1, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 43.99 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:EG1.

Evergreen Lithium Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:EG1 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:LITAU:LIT46NeutralAUD 11.46M-2.50-42.15%―-11.28%41.18%
AU:LPMAU:LPM46NeutralAUD 15.49M-37.20-1.58%――84.18%
AU:EV1AU:EV145NeutralAUD 6.53M-2.58-27.88%――70.75%
AU:INFAU:INF42NeutralAUD 4.24M-1.94-20.26%――92.23%
AU:EG1AU:EG139UnderperformAUD 7.51M-3.45-22.82%――93.04%
AU:PL3AU:PL337UnderperformAUD 25.89M-4.63-19.15%――-11.36%

* Basic Materials Sector Average

Performance Comparison

0%100%200%300%AU:EG1AU:LITAU:EV1AU:INFAU:LPMAU:PL3Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
AU:EG1 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:EG1Evergreen Lithium Ltd.0.02-0.02-52.50%
AU:LITLithium Australia NL0.01-0.00-9.09%
AU:EV1Evolution Energy Minerals Limited0.01-0.00-9.09%
AU:INFInfinity Lithium Corporation Limited0.01-0.01-50.00%
AU:LPMLithium Plus Minerals Ltd.0.09-0.03-22.50%
AU:PL3Patagonia Lithium Limited0.070.0236.00%

Evergreen Lithium Ltd. Corporate Events

Evergold Reports Duchess of York Resource-Definition Drilling Underway

Nov 12, 2026

An approximately 8,000-metre reverse-circulation program began on 11 November 2026 at Duchess of York within Evergold’s Mt Monger Gold Project. The program covers resource-definition drilling at Duchess of York, follow-up drilling at Vanguard and dri...

Evergold Issues Shares for Rabbit Warren Tenements

Nov 6, 2026

Evergold Minerals, an Australian gold exploration company, holds projects across Western Australia and the Northern Territory. It is focused on expanding and diversifying its gold exploration portfolio.The company issued 4,838,709 fully paid ordinary...

Evergold Minerals Seeks ASX Quotation for 4.84 Million Shares

Nov 6, 2026

Evergold Minerals Limited applied for quotation of 4,838,709 fully paid ordinary shares on the ASX under ticker EG1. The shares were issued on November 6, 2026, as part of transactions previously announced to the market, increasing the company’s quot...

Evergold Shareholders Approve All Annual Meeting Resolutions

Nov 6, 2026

Evergold Minerals Limited is an Australian gold exploration company focused on discovering and developing projects across Australia. Its portfolio includes the Leonora Goldfields and Mt Monger projects in Western Australia, alongside the Bynoe Projec...

Evergold Minerals Reports Strong Exploration Progress

Nov 5, 2026

Evergold Minerals Limited is a Western Australian gold exploration company focused on acquiring and advancing prospective projects in the Leonora and Mt Monger regions. During the year, it completed the Mt Monger acquisition and expanded its project...

EverGold Minerals advances WA gold exploration with strong quarter

Oct 23, 2026

EverGold Minerals reported a busy September quarter, highlighted by the completion of maiden reverse circulation drilling at the Duchess of York and Gladiator prospects within the Mt Monger Gold Project. The program delivered broad and high‑grade gol...

Evergold Minerals Plans New Share Issue to Raise Capital

Oct 20, 2026

Evergold Minerals Limited has notified the ASX of a proposed issue of up to 4,838,709 ordinary fully paid shares under a placement or similar structure. The new securities, to be issued under the company’s code EG1, are targeted for issue on 16 April...

Evergold moves on historic Rabbit Warren gold discovery near Leonora

Oct 20, 2026

Evergold Minerals has signed a binding agreement to acquire 100% of the Rabbit Warren Tenements, two prospecting licences covering the historic 1980 Rabbit Warren gold discovery about 8km northeast of Leonora in Western Australia. The 192-hectare pac...

Evergold Defines Four Gold Prospects at Mt Monger as Resource Drilling Nears

Oct 13, 2026

Evergold Minerals has completed its 2026 aircore drilling campaign at the Mt Monger Gold Project, with 262 holes defining four gold prospects: Paladin, Hickman’s Find, Gladiator and Vanguard. Shallow, broad-spaced first-pass drilling intersected mode...

Evergold Minerals calls 2026 AGM to advance capital and governance plans

Sep 27, 2026

Evergold Minerals Limited has convened its 2026 Annual General Meeting as a physical-only event to be held on 6 November in South Yarra, Victoria, and is providing shareholders with access to the meeting notice and proxy materials through both physic...

Evergold Minerals Confirms ASX Listing and Corporate Structure After Rebrand

Sep 17, 2026

Evergold Minerals Limited has reaffirmed its corporate structure and market presence following its rebranding from Evergreen Lithium Limited. The company remains listed on the ASX under the code EG1, with its registered office and principal place of...

Evergold Minerals Files FY2026 Governance Statement and Appendix 4G

Sep 17, 2026

Evergold Minerals Limited has lodged its Appendix 4G and Corporate Governance Statement for the financial year ended 30 June 2026, in line with ASX listing requirements. The governance statement, approved by the board and current as of 17 September 2...

Evergold Minerals Sets AGM Date and Director Nomination Deadline

Sep 17, 2026

Evergold Minerals Limited has scheduled its 2026 Annual General Meeting for Friday, 6 November 2026. The meeting forms part of the company’s regular governance cycle as it progresses its gold exploration projects in Western Australia and the Northern...

Evergold Outlines New Vanguard Gold Zone at Mt Monger

Sep 15, 2026

Evergold Minerals Limited has defined a new shallow gold zone, named Vanguard, about 600 metres northwest of the Duchess of York main zone at its Mt Monger Gold Project. Aircore drilling returned broad oxide-hosted gold intercepts between 16 metres a...

Evergold Sharpens WA Gold Targets as Leonora and Mt Monger Programs Advance

Sep 8, 2026

Evergold Minerals has completed a regional surface geochemical program and drone magnetic survey at its Leonora Goldfields Project, expanding the Katalina target to a roughly 500m by 500m zone and delineating new priority gold targets at Sirius and J...

Evergold Minerals Director Lifts Stake with On‑Market Share Purchase

Sep 7, 2026

Evergold Minerals director Simon Lill has increased his direct holding in the company through an on‑market share acquisition. He purchased 1,052,962 ordinary fully paid shares at $0.031 each, lifting his direct stake from 13,000,000 to 14,052,962 sha...

Evergold Minerals Director Increases Indirect Shareholding via On-Market Purchase

Sep 7, 2026

Evergold Minerals Limited has reported a change in Director Steven John Morris’s interests in the company’s securities, highlighting an on-market acquisition of additional ordinary shares. Through Targo Holdings Pty Ltd, where Morris is an officehold...

Evergold Minerals Director Peter Marks Increases Indirect Shareholding

Sep 7, 2026

Evergold Minerals Limited has reported a change in director Peter Marks’ indirect interests in the company’s securities, as required under ASX listing rules. The notice details that his related entity Shanti Capital Pty Ltd acquired 800,000 fully pai...

Evergold Bolsters Exploration Budget with $486,000 R&D Tax Rebate

Sep 1, 2026

Evergold Minerals Limited has received a cash rebate of $486,807 under the Australian Government’s R&D Tax Incentive scheme, linked to eligible research and development expenditure for the year ended 30 June 2025. The rebate, administered through the...

Evergold Outlines Drilling Progress and 2027 Production Target in WA Goldfields

Aug 26, 2026

Evergold Minerals has released an updated investor presentation detailing progress at its Mt Monger and Leonora Goldfields projects in Western Australia. At Mt Monger, maiden reverse circulation drilling at the Duchess of York prospect confirmed broa...

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: Oct 19, 2026