Evergold Corp (EVER) AI Stock Analysis

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Evergold Corp

(TSXV:EVER)

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Rating:41Neutral

Price Target:CAD 0.16▼(-1.25% Downside)

Action:reiterated

Date:11/11/26

The score is primarily held down by weak financial performance: no revenue, ongoing net losses, and persistent negative operating/free cash flow implying continued dependence on external capital. Technicals are also bearish with price below key moving averages and negative MACD, though oversold readings (RSI/Stoch) modestly temper the downside. Valuation metrics provide limited support due to a negative P/E and no dividend yield data.

Positive Factors

Low Current Debt BurdenCurrent leverage is modest relative to equity, reducing the immediate burden of debt service and preserving more financial flexibility than a highly levered exploration company would have. This provides some capacity to fund geological work while limiting near-term creditor pressure.

Negative Factors

Pre-Revenue Operating ProfileThe absence of revenue means Evergold has not yet established a commercial earnings base to absorb corporate and exploration costs. Persistent net losses leave results dependent on future property outcomes and financing, making progress toward self-sustaining operations uncertain over the next several quarters.

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

Market Cap: CAD 3.01M
Dividend Yield: ―
Average Volume (3M): 43.24K
Price to Earnings (P/E): -2.3
Beta (1Y): 2.28
Revenue Growth: ―
EPS Growth: 11.56%
Country: Canada
Employees: 14
Sector: General
Sector Strength: 55
Industry: Industrial Materials

Evergold Corp Business Overview & Revenue Model

Company Description

Evergold Corp., in collaboration with its subsidiaries, operates within Canada, specializing in the identification, exploration, and advancement of mineral properties. The company's primary focus is on discovering gold, silver, and copper deposits. A...

Evergold Corp Financial Statement Overview

Summary

Financials reflect an early-stage, pre-revenue profile with 0 revenue and persistent losses (TTM net income -1.27M). Cash flow is consistently negative with ongoing burn (TTM operating cash flow and free cash flow both -1.42M), implying reliance on external funding. The balance sheet is a relative positive in the latest TTM snapshot (low debt: 0.34M vs equity 4.07M), but prior equity volatility suggests elevated financing/dilution risk.

Income Statement

12Very Negative

Balance Sheet

38Negative

Cash Flow

15Very Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	0	0	0	0	0	0
EBITDA	-1.52M	-529.14K	0	0	-2.33M	-5.56M
Net Income	-1.27M	-329.73K	-1.46M	-1.58M	-2.06M	-4.78M
Balance Sheet
Total Assets	4.99M	157.92K	290.55K	415.63K	778.37K	3.14M
Cash, Cash Equivalents and Short-Term Investments	4.54M	8,140	147.87K	237.39K	596.11K	2.97M
Total Debt	335.40K	289.50K	0	0	0	0
Total Liabilities	920.14K	352.26K	246.44K	66.75K	41.90K	356.76K
Stockholders Equity	4.07M	-194.34K	44.11K	348.88K	736.47K	2.79M
Cash Flow
Free Cash Flow	-1.42M	-489.73K	-1.09M	-1.52M	-2.38M	-4.78M
Operating Cash Flow	-1.42M	-489.73K	-1.09M	-1.52M	-2.38M	-4.78M
Investing Cash Flow	0	0	0	-22.87K	0	-40.48K
Financing Cash Flow	5.92M	350.00K	1.00M	1.18M	0	7.58M

Evergold Corp Technical Analysis

Technical Analysis SentimentNegative

Last Price0.16

Price Trends

50DMA0.34Negative

100DMA0.40Negative

200DMA0.49Negative

Market Momentum

MACD-0.05Negative

RSI29.99Positive

STOCH18.70Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EVER, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.34, and below the 200-day MA of 0.49, indicating a bearish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 29.99 is Positive, neither overbought nor oversold. The STOCH value of 18.70 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:EVER.

Evergold Corp Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:EVER against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:ASHL	51Neutral	CAD 7.11M	-31.03	-18.09%	―	―	―
TSE:EVER	41Neutral	CAD 3.82M	-2.30	-85.51%	―	―	11.56%
TSE:NEV	40Underperform	CAD 4.84M	-2.19	-147.06%	―	―	-1857.14%
TSE:NSJ	40Underperform	CAD 16.42M	-10.66	-1497.93%	―	―	-254.78%
TSE:CAMP	39Underperform	CAD 2.21M	-1.47	371.86%	―	―	-276.07%

* General Sector Average

Performance Comparison

TSE:EVER and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:EVER	Evergold Corporation	0.16	-0.07	-31.91%
TSE:CAMP	Canadian Goldcamps Corp	0.09	-0.16	-64.00%
TSE:NEV	Nevada Sunrise Gold	0.03	-0.03	-50.00%
TSE:SAO	South Atlantic Gold, Inc.	0.07	0.03	62.50%
TSE:NSJ	Nsj Gold Corp.	0.42	0.22	110.00%
TSE:ASHL	Ashley Gold Corp.	0.07	0.00	0.00%

Evergold Corp Corporate Events

Business Operations and Strategy

Evergold Extends High-Grade Gold-Silver Mineralization at Golden Lion’s GL1 Zone

Positive

Oct 2, 2026

Evergold Corp. has reported assay results from the first six diamond drill holes of its 2026 program at the GL1 Zone on the Golden Lion project in northern British Columbia. The company’s latest drilling has confirmed a broad, near-surface envelope o...

Business Operations and Strategy

Evergold Confirms Staff Unhurt in Fatal Aircraft Incident Near Prince George

Negative

Aug 21, 2026

Evergold Corp. reported that two members of its Golden Lion Project exploration team were aboard an aircraft that made an emergency landing on a busy road near Prince George, British Columbia. The plane, operated by Sekani Air Ltd. and carrying perso...

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: Nov 11, 2026

Evergold Corp AI Stock Analysis