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Freeman Gold Corp (FMAN) AI Stock Analysis
Freeman Gold Corp
(TSXV:FMAN)
The overall score is at the minimum, driven by a complete lack of revenue and deeply negative cash flows, which are the most significant risks. This is compounded by a bearish technical trend and a negative P/E ratio that confirms the absence of earnings power. The company's only strength is a low-debt balance sheet, but it is insufficient to offset the fundamental and market-based weaknesses.
Freeman Gold Corp (FMAN) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 58.53M
- Dividend Yield
- ―
- Average Volume (3M)
- 145.41K
- Price to Earnings (P/E)
- -28.3
- Beta (1Y)
- 1.07
- Revenue Growth
- ―
- EPS Growth
- 44.71%
- Country
- Canada
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Freeman Gold Corp Business Overview & Revenue Model
Company Description
Freeman Gold Corp. is dedicated to securing, investigating, and appraising mineral deposits across Canada and the United States. Its primary holding is the wholly-owned Lemhi gold project, strategically located in Lemhi County, Idaho. This substantia...
How the Company Makes Money
Freeman Gold Corp does not typically generate recurring operating revenue because it is an exploration-stage company without disclosed commercial production in the available information. Instead, it is generally funded through capital markets financi...
Freeman Gold Corp Financial Statement Overview
Summary
Freeman Gold is a pre-revenue exploration company with no income, deeply negative margins, and significant cash burn. The only mitigating factor is a low-debt balance sheet, but persistent losses and negative cash flows drive the score to the minimum.
Income Statement
1Very NegativeBalance Sheet
55NeutralCash Flow
5Very Negative| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | -126.00K | -87.03K |
| EBITDA | -2.15M | -4.54M | 0 | 27.64K | -3.10M | -3.40M |
| Net Income | -2.88M | -5.43M | -32.24K | -1.67M | 726.44K | -3.49M |
Balance Sheet | ||||||
| Total Assets | 43.15M | 44.28M | 30.92M | 28.35M | 29.97M | 31.33M |
| Cash, Cash Equivalents and Short-Term Investments | 5.23M | 11.69M | 4.41M | 2.33M | 5.31M | 20.05M |
| Total Debt | 3.70M | 3.67M | 0 | 33.69K | 107.06K | 0 |
| Total Liabilities | 4.62M | 5.15M | 477.95K | 1.44M | 1.85M | 5.25M |
| Stockholders Equity | 38.53M | 39.13M | 30.44M | 26.90M | 28.12M | 26.08M |
Cash Flow | ||||||
| Free Cash Flow | -10.93M | -8.00M | -1.64M | -1.16M | -14.82M | -4.97M |
| Operating Cash Flow | -2.25M | -2.45M | -952.68K | -1.16M | -2.07M | -2.35M |
| Investing Cash Flow | -7.34M | -5.57M | -549.88K | -1.74M | -12.86M | -2.62M |
| Financing Cash Flow | -23.15K | 15.29M | 3.54M | -78.87K | -34.53K | 19.86M |
Freeman Gold Corp Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FMAN, the sentiment is Negative. The current price of 0.27 is below the 20-day moving average (MA) of 0.30, below the 50-day MA of 0.36, and below the 200-day MA of 0.34, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 31.64 is Neutral, neither overbought nor oversold. The STOCH value of 27.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FMAN.
Freeman Gold Corp Peers Comparison
Overall Rating
TSE:CCM49Neutral
TSE:TECT43Neutral- TSE:FMAN37Underperform
TSE:YARR34Underperform
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% |
| TSE:CCM | 49Neutral | CAD 141.43M | -39.71 | -5.89% | ― | ― | -55.56% |
| TSE:TECT | 43Neutral | CAD 186.80M | -3.89 | -64.67% | ― | ― | -56.24% |
| TSE:FMAN | 37Underperform | CAD 81.04M | -28.26 | -7.47% | ― | ― | 44.71% |
| TSE:YARR | 34Underperform | CAD 71.14M | -15.99 | -59.35% | ― | ― | -264.04% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:FMAN | Freeman Gold Corporation | 0.26 | 0.06 | 26.83% | |
| TSE:CCM | Canagold Resources Ltd. | 0.62 | 0.15 | 31.91% | |
| TSE:YARR | Sokoman Minerals Corp | 0.14 | -0.05 | -28.21% | |
| TSE:TECT | Tectonic Metals, Inc. | 1.37 | 0.52 | 61.18% |
Freeman Gold Corp Corporate Events
Freeman Gold Launches Baseline Studies for Lemhi Project Permitting
PositiveFreeman Gold Corp. has launched comprehensive land use and socioeconomic baseline studies at its Lemhi Gold Project in Idaho, partnering with GSI Environmental to assess human and environmental conditions around the site. The work covers socioeconomi...
Freeman Gold Launches Key Environmental Baseline Programs at Lemhi Project
PositiveFreeman Gold Corp. has begun baseline soil and geochemistry programs at its Lemhi Gold Project in Idaho to advance environmental characterization and support long-term mine planning. The work targets roughly 1,300 acres within the project’s ant...
Freeman Gold Launches Key Environmental Baseline Studies at Lemhi Project
PositiveFreeman Gold Corp. has begun baseline environmental studies for water and air resources at its Lemhi Gold Project in Idaho as part of advancing the asset toward full permitting. Working with GSI Environmental and Trinity Consultants, the company is c...
Freeman Gold Settles Debenture Interest With Share Issuance After TSX-V Approval
PositiveFreeman Gold Corp. has secured TSX Venture Exchange approval to settle annual interest on $1.2 million of its 10% unsecured convertible debentures through the issuance of 300,000 common shares at a deemed price of $0.40 per share. The shares, issued...
Freeman Gold to Settle Part of Debenture Interest in Shares, Easing Cash Burden
PositiveFreeman Gold Corp. said holders of $1.2 million principal of its 10% convertible unsecured debentures due 2030 have chosen to receive their 2026 annual interest payment in common shares instead of cash. Based on a TSX Venture Exchange closing price o...
Freeman Gold Files Lemhi Feasibility Report Showing Over US$1 Billion NPV at Current Gold Prices
PositiveFreeman Gold Corp. has filed a NI 43-101 technical report supporting the feasibility study for its Lemhi Gold Project in Idaho, confirming a base-case after-tax NPV of US$695.6 million, a 34.4% IRR and a 2.5-year payback at US$3,650 per ounce gold. T...
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 18, 2026