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Evergold Corporation (TSE:EVER)
:EVER
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Evergold Corp (EVER) AI Stock Analysis

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TSE:EVER

Evergold Corp

(OTC:EVER)

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Underperform 36 (OpenAI - 4o)
Rating:36Underperform
Price Target:
Evergold Corp's overall stock score is low due to significant financial challenges including continuous losses, negative cash flows, and weak technical indicators. The lack of revenue generation and declining financial stability are major concerns, further impacted by negative valuation metrics.

Evergold Corp (EVER) vs. iShares MSCI Canada ETF (EWC)

Evergold Corp Business Overview & Revenue Model

Company DescriptionEvergold Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, and copper deposits. Its flagship properties include 100% owned the Snoball property covering an area of 3,545 hectares located in the Liard Mining Division of northwestern British Columbia; and the Golden Lion property covering an area of 5,099 hectares located in Toodoggone region of northcentral British Columbia. The company was incorporated in 2015 and is headquartered in Toronto, Canada.
How the Company Makes Money

Evergold Corp Financial Statement Overview

Summary
Evergold Corp faces substantial financial challenges, with continuous operational losses, no revenue generation, and negative cash flows. The debt-free status provides some flexibility but is overshadowed by declining equity and assets, posing critical risks to sustainability.
Income Statement
25
Negative
Evergold Corp shows consistent operational losses with no revenue generation over the observed periods. The TTM (Trailing-Twelve-Months) data continues to reflect negative EBIT and net income, indicating persistent challenges in achieving profitability.
Balance Sheet
40
Negative
The company has maintained a debt-free position, which is a positive sign. However, the declining stockholders' equity and total assets indicate weakening financial stability. The equity ratio has significantly decreased, suggesting potential risks in sustaining operations.
Cash Flow
30
Negative
Evergold Corp's cash flow situation is concerning, with negative operating and free cash flows consistently reported. The lack of capital expenditure is typical for a mining company at this stage, but the inability to generate positive operating cash flow raises sustainability concerns.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit0.000.000.000.000.000.00
EBITDA-1.24M-1.53M-1.62M-2.33M-5.56M-5.78M
Net Income-1.18M-1.46M-1.58M-2.06M-4.78M-5.72M
Balance Sheet
Total Assets194.73K290.55K415.63K778.37K3.14M403.98K
Cash, Cash Equivalents and Short-Term Investments67.55K147.87K237.39K596.11K2.97M214.28K
Total Debt0.000.000.000.000.000.00
Total Liabilities80.39K246.44K66.75K41.90K356.76K189.57K
Stockholders Equity114.34K44.11K348.88K736.47K2.79M214.41K
Cash Flow
Free Cash Flow-943.59K-1.09M-1.52M-2.38M-4.78M-5.18M
Operating Cash Flow-943.59K-1.09M-1.52M-2.38M-4.78M-5.18M
Investing Cash Flow0.000.00-22.87K0.00-40.48K0.00
Financing Cash Flow1.00M1.00M1.18M0.007.58M3.15M

Evergold Corp Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.04
Price Trends
50DMA
0.03
Positive
100DMA
0.02
Positive
200DMA
0.02
Positive
Market Momentum
MACD
<0.01
Negative
RSI
66.60
Neutral
STOCH
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EVER, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.60 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:EVER.

Evergold Corp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
C$860.83M7.3520.53%41.20%77.86%
61
Neutral
C$366.78M-30.94-173.52%
50
Neutral
C$358.05M-69.54-65.93%
48
Neutral
C$802.31K-2.2215.63%
36
Underperform
C$4.54M-203.36%55.62%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:EVER
Evergold Corp
0.04
<0.01
14.29%
TSE:AWE
Thunderstruck Resources
0.05
0.00
0.00%
TSE:SILV
Silver Valley Metals
0.14
0.05
57.30%
TSE:ROAD
Crest Resources
0.05
-0.03
-35.71%
TSE:PRIZ
Prismo Metals Inc.
0.14
-0.12
-46.15%
TSE:AWCM
Ameriwest Lithium
0.27
0.03
12.50%

Evergold Corp Corporate Events

Evergold Corp Seeks Partners to Advance Promising Mining Properties in BC
Jan 7, 2025

Evergold Corp has initiated a strategic review of its operations and is seeking partners to advance its Golden Lion and DEM properties in British Columbia. This move is driven by recent positive assay results and high trading volumes, showing increased market interest in these properties. The company aims to capitalize on the promising mineralization results, including significant copper, gold, silver, and antimony grades, which have not been followed up on due to market conditions. This partnership initiative could strengthen Evergold’s position in the mining industry by leveraging external collaboration to explore and develop these high-potential assets.

Evergold Corp. Unveils Promising Drilling Results
Dec 11, 2024

Evergold Corp. has reported promising findings from its DEM Mountain Zone in B.C., highlighting high grades of valuable minerals such as antimony, gold, and silver. The recent drilling results reveal a broad mineralized zone with exceptional concentrations of these critical elements, potentially enhancing the project’s financial viability.

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: Jan 14, 2025