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Element79 Gold Corp. (ELEM) AI Stock Analysis

TSE:ELEM

Element79 Gold Corp.

(CNQX:ELEM)

Select Model
Rating:39Underperform
Price Target:CAD 0.01â–¼(-6.67% Downside)
Action:reiterated
Date:09/19/26

TSE:ELEM's exceptionally low score is driven primarily by its highly speculative nature as a pre-revenue junior gold miner. The company struggles with severe financial hurdles, including ongoing cash burn, shrinking equity, and negative earnings. Combined with bearish technical momentum and an unsupported valuation, the stock presents substantial stability risks and a high likelihood of future equity dilution.

Positive Factors
Moderate LeverageModerate leverage and assets that remain sizable relative to debt provide some financial flexibility as Element79 advances its mineral projects. This can reduce balance-sheet pressure compared with a highly leveraged explorer, although declining equity and ongoing losses still limit that advantage.
Negative Factors
Pre-Revenue StatusZero revenue confirms that Element79 has not yet established an operating income base from its mineral properties. Until a project reaches production, is monetized, or attracts funding through a transaction, the company remains dependent on advancing assets without recurring business revenue.

Element79 Gold Corp. (ELEM) vs. iShares MSCI Canada ETF (EWC)

-60%-40%-20%0%20%40%TSE:ELEM-57.14%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
CAD 3.11M
Dividend Yield
―
Average Volume (3M)
64.78K
Price to Earnings (P/E)
-6.8
Beta (1Y)
0.87
Revenue Growth
―
EPS Growth
98.55%
Country
Canada
Employees
0
Sector
Basic Materials
Sector Strength
61
Industry
Gold

Element79 Gold Corp. Business Overview & Revenue Model

Company Description

Element79 Gold Corp. operates as a mineral exploration enterprise, primarily focused on the identification, acquisition, and enhancement of gold properties across Nevada, British Columbia, and Ontario. Among its notable holdings is the Dale property,...

How the Company Makes Money

Element79 Gold Corp. primarily seeks to create value (and ultimately monetize it) by advancing mineral exploration and development projects rather than by selling consumer products or providing recurring services. Typical ways an exploration-stage mi...

Element79 Gold Corp. Financial Statement Overview

Summary

The pre-revenue company faces extreme fundamental risk due to persistent cash burn, sustained net losses, and a massive contraction in total assets, necessitating heavy reliance on external financing.

Income Statement

10Very Negative

Balance Sheet

30Negative

Cash Flow

15Very Negative
Financial statement breakdown
BreakdownTTMNov 2025Nov 2024Nov 2023Nov 2022Nov 2021
Income Statement
Total Revenue000000
Gross Profit-354.67K-380.87K-349.96K-553.27K00
EBITDA-149.19K-15.44M-3.26M-10.51M-457.40K-141.59K
Net Income-453.88K-16.23M-4.40M-12.29M-4.94M-625.71K
Balance Sheet
Total Assets6.59M7.12M15.33M19.09M26.95M1.01M
Cash, Cash Equivalents and Short-Term Investments51.14K192.04K3,2168,8905,021302.23K
Total Debt450.69K676.36K227.46K4.79M2.52M0
Total Liabilities5.36M4.93M4.21M10.59M9.93M412.65K
Stockholders Equity1.21M2.12M11.08M8.50M17.02M601.88K
Cash Flow
Free Cash Flow-1.67M-1.57M-2.49M-708.57K-5.46M-377.28K
Operating Cash Flow-1.67M-1.57M-2.49M-696.81K-2.98M-321.47K
Investing Cash Flow1.87M784.00K1.56M-1.03M-2.75M-55.81K
Financing Cash Flow-149.06K978.55K918.40K1.83M5.17M613.26K

Element79 Gold Corp. Technical Analysis

Technical Analysis SentimentNegative
Last Price0.01

Price Trends

50DMA0.02Negative
100DMA0.02Negative
200DMA0.02Positive

Market Momentum

MACD-0.00Negative
RSI34.65Neutral
STOCH100.00Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ELEM, the sentiment is Negative. The current price of 0.01 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 0.02, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 34.65 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 Negative sentiment for TSE:ELEM.

Element79 Gold Corp. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

TSE:ELEM against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
TSE:NVXTSE:NVX46NeutralCAD 29.16M-10.39-41.73%――-123.20%
TSE:KGCTSE:KGC44NeutralCAD 2.72M-4.81-56.16%――-126.09%
TSE:WINSTSE:WINS42NeutralCAD 5.21M-1.60-149.04%――28.81%
TSE:GCNTSE:GCN41NeutralCAD 2.02M-6.41-51.35%――25.49%
TSE:EDGMTSE:EDGM40UnderperformCAD 4.97M-0.94-143.34%――-369.11%
TSE:ELEMTSE:ELEM39UnderperformCAD 3.11M-6.82-24.73%――98.55%

* Basic Materials Sector Average

Performance Comparison

0%200%400%600%TSE:ELEMTSE:WINSTSE:KGCTSE:NVXTSE:GCNTSE:EDGMDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
TSE:ELEM and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:ELEMElement79 Gold Corp.0.01-0.03-62.50%
TSE:WINSWinshear Gold Corp.0.07-0.03-25.00%
TSE:KGCKestrel Gold0.03-0.03-50.00%
TSE:NVXNV Gold0.900.73414.29%
TSE:GCNGoldcliff Resource0.03-0.03-54.55%
TSE:EDGMEdgemont Gold Corp.0.180.000.00%

Element79 Gold Corp. Corporate Events

Business Operations and StrategyDelistings and Listing Changes

Element79 Gold Shareholders Gain Exposure as Synergy Metals Lists on CSE

Positive
Aug 27, 2026

Element79 Gold Corp. announced that Synergy Metals Corp. has begun trading on the Canadian Securities Exchange under the symbol SYN, following completion of a plan of arrangement between the two companies. Synergy’s listing provides Element79 s...

Business Operations and StrategyM&A Transactions

Element79 Gold Completes Synergy Spinout and Share Restructuring

Positive
Aug 25, 2026

Element79 Gold Corp. and Synergy Metals Corp. have completed a corporate reorganization involving the transfer of Element79’s Dale Property into Synergy and a plan of arrangement that spins out 1,010,000 Synergy common shares to Element79 secur...

Business Operations and StrategyDelistings and Listing Changes

Element79 Gold Completes Synergy Metals Spin-Out and Share Restructuring

Positive
Aug 24, 2026

Element79 Gold Corp. has completed a corporate restructuring involving its subsidiary Synergy Metals Corp. and numbered company 1425957 B.C. Ltd., advancing plans to list Synergy on the Canadian Securities Exchange. The transaction centers on the Dal...

Business Operations and StrategyDelistings and Listing ChangesM&A TransactionsRegulatory Filings and Compliance

Element79 and Synergy Metals Advance CSE Listing for Merger and Arrangement

Positive
Aug 24, 2026

Element79 Gold Corp. and Synergy Metals Corp. have announced that Synergy has filed a listing statement with the Canadian Securities Exchange for a previously disclosed arrangement with Element79 and a merger with 1425957 B.C. Ltd., paving the way fo...

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 19, 2026