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Element79 Gold Corp.
(ELEM)
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Rating:43Neutral
Price Target:
C$0.02
▼(-5.00% Downside)
Action:Reiterated
Date:09/19/26
The score is primarily weighed down by weak financial performance (pre-revenue status, ongoing losses, and persistent negative free cash flow) and only modestly offset by improved recent net loss and moderate leverage. Technical indicators also lean bearish with limited momentum, while valuation is constrained by negative earnings and no dividend support.
Positive Factors
Moderate Leverage
Moderate leverage gives Element79 some balance-sheet flexibility while it advances its mineral projects. Assets that remain sizable relative to debt may help the company manage obligations and preserve strategic options, despite its ongoing early-stage losses.
Negative Factors
No Revenue Base
Element79 has not yet established operating revenue, leaving its financial outlook dependent on advancing mineral properties toward production, sale, or other monetization. Without top-line traction, funding future exploration and development remains more difficult and uncertain.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate Leverage
Moderate leverage gives Element79 some balance-sheet flexibility while it advances its mineral projects. Assets that remain sizable relative to debt may help the company manage obligations and preserve strategic options, despite its ongoing early-stage losses.
Read all positive factors
Element79 Gold Corp. (ELEM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$4.15M
Dividend YieldN/A
Average Volume (3M)55.79K
Price to Earnings (P/E)―
Beta (1Y)0.65
Revenue GrowthN/A
EPS Growth98.55%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding207,373,840
10 Day Avg. Volume39,337
30 Day Avg. Volume55,788
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)2.03
Price to Sales (P/S)0.00
P/FCF Ratio-2.73
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
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 proper...
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...
Element79 Gold Corp. Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
46
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -354.67K | -380.87K | -349.96K | -553.27K | 0.00 | 0.00 |
| EBITDA | -149.19K | -15.44M | -3.26M | -3.49M | -5.04M | -625.71K |
| Net Income | -453.88K | -16.23M | -4.40M | -12.29M | -4.94M | -625.71K |
Balance Sheet | ||||||
| Total Assets | 6.59M | 7.12M | 15.33M | 19.09M | 26.95M | 1.01M |
| Cash, Cash Equivalents and Short-Term Investments | 51.14K | 192.04K | 3.22K | 8.89K | 5.02K | 302.23K |
| Total Debt | 450.69K | 676.36K | 227.46K | 4.79M | 2.52M | 0.00 |
| Total Liabilities | 5.36M | 4.93M | 4.21M | 10.59M | 9.93M | 412.65K |
| Stockholders Equity | 1.21M | 2.12M | 11.08M | 8.50M | 17.02M | 601.88K |
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 Flow | 1.87M | 784.00K | 1.56M | -1.03M | -2.75M | -55.81K |
| Financing Cash Flow | -149.06K | 978.55K | 918.40K | 1.83M | 5.17M | 613.26K |
Element79 Gold Corp. Technical Analysis
Negative
0.02
Price Trends
0.02
Negative
0.02
Negative
0.02
Negative
Market Momentum
>-0.01
Negative
35.24
Neutral
50.00
Neutral
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 0.02 is equal to 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 >-0.01 indicates Negative momentum. The RSI at 35.24 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 TSE:ELEM.
Element79 Gold Corp. 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% | |
50 Neutral | C$25.92M | -10.85 | -41.73% | ― | ― | -123.20% | |
49 Neutral | C$3.81M | -6.73 | -56.16% | ― | ― | -126.09% | |
44 Neutral | C$2.43M | -9.38 | -45.17% | ― | ― | 38.46% | |
44 Neutral | C$4.97M | -0.94 | -143.34% | ― | ― | -765.25% | |
43 Neutral | C$4.15M | -9.09 | -24.73% | ― | ― | 98.55% | |
42 Neutral | C$6.46M | -1.71 | -149.04% | 625.00% | ― | 28.81% |
* Basic Materials Sector Average
TSE:ELEM
Element79 Gold Corp.
0.02
-0.02
-42.86%
TSE:WINS
Winshear Gold
0.08
-0.03
-27.27%
TSE:KGC
Kestrel Gold
0.04
-0.02
-36.36%
TSE:NVX
NV Gold
0.94
0.73
347.62%
TSE:GCN
Goldcliff Resource
0.03
-0.02
-40.00%
TSE:EDGM
Edgemont Gold Corp.
0.18
0.00
0.00%
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 Element7...
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 se...
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 ...
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...
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.