Want to see TSE:ESAU full AI Analyst Report?
Secova Metals (ESAU) AI Stock Analysis
Top Page
Secova Metals
(CNQX:ESAU)
The score is constrained by extremely weak financial performance, including zero revenue, persistent losses, and negative cash flow. Weak technical momentum and a negative P/E ratio reinforce the distressed profile, while the debt-free balance sheet provides only limited support.
Secova Metals (ESAU) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 48.91M
- Dividend Yield
- ―
- Average Volume (3M)
- 164.40K
- Price to Earnings (P/E)
- -5.6
- Beta (1Y)
- 2.00
- Revenue Growth
- ―
- EPS Growth
- -6.12%
- Country
- Canada
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Secova Metals Business Overview & Revenue Model
Company Description
ESGold Corp. operates as an exploration-focused entity, actively involved in the discovery, assessment, and acquisition of mineral assets across Canada. Its primary objective is to unearth deposits rich in gold and silver. A key component of the comp...
Secova Metals Financial Statement Overview
Summary
Financial performance is distressed: revenue has remained zero, EBIT, EBITDA, and net income are substantially negative, and operating and free cash flow are persistently negative. The debt-free balance sheet and approximately $26.5 million of equity provide support but do not offset the lack of operating performance.
Income Statement
2Very NegativeBalance Sheet
62PositiveCash Flow
8Very Negative| Breakdown | TTM | Jun 2026 | Sep 2025 | Sep 2024 | Jun 2023 | Sep 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -16.70K | -2,703 | -390 | 0 | 0 | 0 |
| EBITDA | -6.92M | -6.92M | -3.61M | -1.46M | -2.39M | -226.80K |
| Net Income | -6.95M | -6.95M | -3.64M | -3.69M | -3.71M | -4.83M |
Balance Sheet | ||||||
| Total Assets | 29.87M | 29.87M | 13.35M | 7.11M | 9.10M | 8.77M |
| Cash, Cash Equivalents and Short-Term Investments | 16.21M | 16.21M | 4.91M | 137.01K | 80.35K | 210.58K |
| Total Debt | 0 | 0 | 191.25K | 201.25K | 40.00K | 40.00K |
| Total Liabilities | 3.32M | 3.32M | 3.14M | 3.69M | 3.39M | 2.58M |
| Stockholders Equity | 26.55M | 26.55M | 10.21M | 3.43M | 5.71M | 6.18M |
Cash Flow | ||||||
| Free Cash Flow | -6.76M | -7.34M | -3.68M | -407.30K | -2.10M | -5.05M |
| Operating Cash Flow | -2.41M | -2.41M | -3.17M | -303.93K | -985.04K | -2.60M |
| Investing Cash Flow | -4.93M | -4.93M | -946.58K | -103.37K | -1.11M | -2.46M |
| Financing Cash Flow | 18.65M | 18.65M | 8.89M | 463.96K | 1.97M | 5.25M |
Secova Metals Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ESAU, the sentiment is Negative. The current price of 0.44 is below the 20-day moving average (MA) of 0.46, below the 50-day MA of 0.52, and below the 200-day MA of 0.55, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 43.20 is Neutral, neither overbought nor oversold. The STOCH value of 76.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ESAU.
Secova Metals Peers Comparison
Overall Rating
TSE:RK46Neutral
TSE:MRZ42Neutral
TSE:PAU42Neutral
TSE:EMPS39Underperform
TSE:PNTR38Underperform
TSE:ESAU37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| 46Neutral | CAD 39.53M | -51.92 | -1.57% | ― | ― | -140.00% | |
| 42Neutral | CAD 26.58M | -8.06 | -2918.94% | ― | ― | 70.90% | |
| 42Neutral | CAD 24.50M | -8.17 | -23.40% | ― | ― | -18.55% | |
| 39Underperform | CAD 44.27M | -14.96 | -8.38% | ― | ― | 43.88% | |
| 38Underperform | CAD 26.07M | -29.84 | -10.57% | ― | ― | ― | |
| 37Underperform | CAD 48.91M | -5.65 | -31.25% | ― | ― | -6.12% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:ESAU | Secova Metals | 0.44 | -0.20 | -31.25% | |
| TSE:MRZ | Mirasol Resources | 0.30 | -0.14 | -31.82% | |
| TSE:RK | Rockhaven Resources | 0.14 | 0.04 | 35.00% | |
| TSE:EMPS | Emp Metals Corp. | 0.35 | -0.15 | -29.29% | |
| TSE:PAU | Provenance Gold Corp. | 0.13 | -0.15 | -53.57% | |
| TSE:PNTR | Pantera Silver Corp. | 0.33 | -0.13 | -28.26% |
Secova Metals Corporate Events
ESGold Starts 5,000‑Metre Drill Program to Reassess Historic Montauban Mine
PositiveESGold Corp. has launched a 5,000‑metre surface diamond drilling program at its Montauban Project in Québec, marking a key step in reassessing the historic mine area. The 29‑hole campaign, led by GoldMinds Geoservices and contractor...
ESGold Launches US$300,000 Investor Marketing Push Ahead of Montauban Milestones
PositiveESGold Corp. has engaged U.S.‑based i2i Marketing Group to lead a US$300,000 investor awareness and digital marketing campaign, covering social media, content creation, digital advertising and email distribution, with no securities being issued...
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 28, 2026