Want to see TSE:EDG full AI Analyst Report?
Top Page
Endurance Gold
(EDG)
Select Model
Select Model
Rating:42Neutral
Price Target:
C$0.36
▼(-41.94% Downside)
Action:Reiterated
Date:10/15/26
The score is held down primarily by weak financial performance (pre-revenue, ongoing losses, and sustained negative free cash flow) and bearish technicals (below major moving averages with negative MACD). The main offset is a strong balance sheet with no debt and a growing equity base, but valuation metrics provide limited support due to negative earnings and no dividend yield data.
Positive Factors
Debt-free balance sheet
Zero debt reduces refinancing pressure and fixed financial obligations, giving Endurance Gold greater flexibility to direct available capital toward exploration. This strengthens resilience during periods without operating revenue and avoids interest costs that could otherwise accelerate cash depletion.
Negative Factors
Pre-revenue operating model
The absence of revenue means Endurance Gold has no established operating stream to fund corporate costs or exploration internally. Continued negative EBIT and EBITDA limit evidence of scalability, making future financial performance dependent on exploration outcomes and additional capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero debt reduces refinancing pressure and fixed financial obligations, giving Endurance Gold greater flexibility to direct available capital toward exploration. This strengthens resilience during periods without operating revenue and avoids interest costs that could otherwise accelerate cash depletion.
Read all positive factors
Endurance Gold (EDG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$72.04M
Dividend YieldN/A
Average Volume (3M)37.74K
Price to Earnings (P/E)―
Beta (1Y)1.10
Revenue GrowthN/A
EPS Growth-255.56%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding200,124,650
10 Day Avg. Volume42,670
30 Day Avg. Volume37,742
Financial Highlights & Ratios
PEG Ratio-0.75
Price to Book (P/B)3.55
Price to Sales (P/S)0.00
P/FCF Ratio-19.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.90Price Target Upside45.16% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Endurance Gold Business Overview & Revenue Model
Company Description
Based in Vancouver, Canada, Endurance Gold Corporation, established in 2003, is dedicated to the exploration and development of mineral properties throughout North America. The company's key interests lie in discovering deposits of gold, niobium, ...
Endurance Gold Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
26
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -406.90K | -456.23K | -223.61K | -523.45K | -1.15M | -1.24M |
| Net Income | -490.60K | 384.88K | -330.00K | -1.11M | -2.32M | -3.02M |
Balance Sheet | ||||||
| Total Assets | 29.62M | 17.53M | 16.89M | 12.26M | 11.99M | 7.60M |
| Cash, Cash Equivalents and Short-Term Investments | 11.30M | 410.73K | 2.44M | 802.63K | 2.92M | 2.76M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.41M | 394.31K | 152.01K | 280.63K | 171.52K | 304.88K |
| Stockholders Equity | 27.21M | 17.14M | 16.73M | 11.98M | 11.82M | 7.30M |
Cash Flow | ||||||
| Free Cash Flow | -1.86M | -3.12M | -418.74K | -2.54M | -4.47M | -2.22M |
| Operating Cash Flow | -1.39M | -539.67K | -418.74K | 192.19K | -570.02K | -814.80K |
| Investing Cash Flow | -255.71K | -504.38K | -2.64M | -2.72M | -3.87M | -1.42M |
| Financing Cash Flow | 11.62M | 0.00 | 4.08M | 1.07M | 5.78M | 2.25M |
Endurance Gold Technical Analysis
Negative
0.62
Price Trends
0.49
Negative
0.48
Negative
0.51
Negative
Market Momentum
-0.03
Negative
38.87
Neutral
41.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EDG, the sentiment is Negative. The current price of 0.62 is above the 20-day moving average (MA) of 0.41, above the 50-day MA of 0.49, and above the 200-day MA of 0.51, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 38.87 is Neutral, neither overbought nor oversold. The STOCH value of 41.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:EDG.
Endurance Gold Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
48 Neutral | C$59.74M | -4.59 | -48.90% | ― | ― | -187.50% | |
46 Neutral | C$51.11M | -37.21 | -3.04% | ― | ― | -172.58% | |
44 Neutral | C$39.57M | -4.02 | -32.34% | ― | ― | -27.64% | |
44 Neutral | C$35.38M | 50.00 | 1.10% | ― | ― | 100.00% | |
42 Neutral | C$72.04M | -116.13 | -2.26% | ― | ― | -255.56% | |
42 Neutral | C$47.64M | -5.18 | -83.71% | ― | ― | 20.17% |
* General Sector Average
TSE:EDG
Endurance Gold
0.36
0.09
33.33%
TSE:GFG
GFG Resources
0.17
0.02
15.86%
TSE:GLDC
Cassiar Gold
0.30
0.01
5.36%
TSE:VIO
Vior Inc.
0.09
-0.03
-26.09%
TSE:KLDC
Warrior Gold Inc
0.29
-0.07
-18.57%
TSE:LVX
Leviathan Gold
0.34
-0.14
-29.90%
Endurance Gold Corporate Events
Business Operations and Strategy
Endurance Gold Extends Imperial Zones With High-Grade Reliance Drill Results
Positive
Oct 21, 2026
Endurance Gold has reported new assay results from six diamond drill holes that expand the Imperial and Lower Imperial Zones at its Reliance Gold Project, with wide gold-antimony intersections and newly identified high-grade footwall structures. T...
Business Operations and Strategy
Endurance Gold Extends High-Grade Eagle Zone at Reliance Project
Positive
Aug 11, 2026
Endurance Gold has reported encouraging new assay results from its ongoing 2026 diamond drilling campaign at the Reliance Gold Project, highlighting a significant down-dip extension of high-grade mineralization in the Eagle Zone. The company’...
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.