Want to see TSE:ZNG full AI Analyst Report?
Group Eleven Resources (ZNG) AI Stock Analysis
Group Eleven Resources
(TSXV:ZNG)
Financial performance drives the score with a solid debt-free balance sheet supporting operations despite exploration-stage losses and cash burn. Neutral technical signals and unattractive valuation metrics due to negative earnings limit the overall score.
Group Eleven Resources (ZNG) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 130.74M
- Dividend Yield
- ―
- Average Volume (3M)
- 132.47K
- Price to Earnings (P/E)
- -25.1
- Beta (1Y)
- 2.31
- Revenue Growth
- ―
- EPS Growth
- -13.84%
- Country
- Canada
- Employees
- 10
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Group Eleven Resources Business Overview & Revenue Model
Company Description
Group Eleven Resources Corp. is an exploration company primarily focused on discovering and evaluating mineral properties across Ireland. Its core objective is to identify significant deposits of base and precious metals, specifically zinc, lead, and...
How the Company Makes Money
Group Eleven Resources does not typically generate operating revenue from selling products or services because it is primarily an exploration-stage company. As a result, specific recurring revenue streams from operations are null. The company’s econo...
Group Eleven Resources Financial Statement Overview
Summary
Balance sheet strength from zero debt and equity growth to 21.7 million is offset by no revenue, widening losses, and negative operating cash flow of 6.3 million.
Income Statement
18Very NegativeBalance Sheet
72PositiveCash Flow
28Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -19.11K | -10.16K | -5,295 | -3,808 | -5,651 | -5,058 |
| EBITDA | -7.11M | -5.70M | -3.46M | -2.53M | -2.51M | -1.98M |
| Net Income | -6.83M | -5.57M | -3.38M | -2.49M | -2.40M | -1.99M |
Balance Sheet | ||||||
| Total Assets | 25.65M | 17.36M | 10.73M | 12.34M | 10.11M | 9.93M |
| Cash, Cash Equivalents and Short-Term Investments | 16.20M | 8.08M | 1.70M | 3.36M | 1.12M | 943.69K |
| Total Debt | 0 | 0 | 0 | 0 | 40.00K | 40.00K |
| Total Liabilities | 1.17M | 1.15M | 760.47K | 896.11K | 751.61K | 611.17K |
| Stockholders Equity | 21.65M | 13.32M | 6.99M | 8.57M | 6.43M | 6.27M |
Cash Flow | ||||||
| Free Cash Flow | -6.37M | -5.01M | -3.17M | -2.15M | -2.43M | -2.09M |
| Operating Cash Flow | -6.28M | -4.95M | -3.17M | -2.13M | -2.42M | -2.09M |
| Investing Cash Flow | -38.60K | -5,425 | -6,103 | -20.85K | -2,966 | 0 |
| Financing Cash Flow | 18.36M | 11.33M | 1.52M | 4.38M | 2.60M | 747.00K |
Group Eleven Resources Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ZNG, the sentiment is Negative. The current price of 0.64 is below the 20-day moving average (MA) of 0.72, below the 50-day MA of 0.79, and below the 200-day MA of 0.90, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 35.32 is Neutral, neither overbought nor oversold. The STOCH value of 32.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ZNG.
Group Eleven Resources Peers Comparison
Overall Rating
TSE:AGX57Neutral- TSE:ZNG47Neutral
TSE:EMO43Neutral
TSE:GRSL41Neutral
TSE:DMX37Underperform
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:AGX | 57Neutral | CAD 195.05M | 47.25 | 7.81% | ― | 108.81% | ― |
| TSE:ZNG | 47Neutral | CAD 181.62M | -25.10 | -38.08% | ― | ― | -13.84% |
| TSE:EMO | 43Neutral | CAD 80.09M | -5.59 | -20.67% | ― | ― | 4.74% |
| TSE:GRSL | 41Neutral | CAD 129.80M | -12.69 | -28.52% | ― | ― | -128.55% |
| TSE:DMX | 37Underperform | CAD 74.88M | -17.03 | -17.29% | ― | ― | 2.55% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:ZNG | Group Eleven Resources Corp | 0.64 | 0.31 | 93.94% | |
| TSE:EMO | Emerita Resources | 0.27 | -1.17 | -81.25% | |
| TSE:AGX | Silver X Mining Corp. | 0.68 | 0.20 | 40.21% | |
| TSE:GRSL | Gr Silver Mining Ltd. | 0.25 | 0.02 | 7.30% | |
| TSE:DMX | District Metals Corp | 0.39 | -1.04 | -72.73% |
Group Eleven Resources Corporate Events
Group Eleven Awards Stock Options and DSUs to Align Leadership with Exploration Strategy
PositiveGroup Eleven Resources has granted 2,710,000 incentive stock options to directors, officers and employees, with options vesting over two years, exercisable at $0.66 per share and expiring after five years from the grant date. The issuance aligns mana...
Group Eleven Extends High-Grade Strike at Ireland’s Ballywire Discovery
PositiveGroup Eleven Resources reported strong assay results from five new drill holes at its Ballywire zinc-lead-silver-copper discovery in Ireland, extending higher-grade mineralization by 270 meters and increasing the strike length of massive and semi-mas...
Group Eleven to Spotlight Irish Zinc Discovery at Gentile Mining Investor Forum in London
PositiveGroup Eleven Resources Corp. will participate in the inaugural Gentile Mining Investor Forum in London on October 19, 2026, joining more than 20 junior mining companies backed by strategic investor Michael Gentile. The event, organized with Amvest Ca...
Group Eleven Boosts Ballywire Germanium Grades With New Assay Method
PositiveGroup Eleven Resources has reported significantly higher germanium grades at its Ballywire zinc discovery in Ireland after adopting a more accurate sodium peroxide fusion assay method. Re-analysis of 220 core samples from five drill holes showed germ...
Group Eleven Settles Director Fees Through Share Issuance
NeutralGroup Eleven Resources has reached an agreement with former director Alessandro Bitelli to settle C$32,250 in outstanding fees by issuing 38,393 common shares at C$0.84 per share, rather than paying cash. The board views this debt settlement as a way...
Group Eleven Extends High-Grade Mineralization at Irish Ballywire Discovery
PositiveGroup Eleven Resources Corp. is a mineral exploration company focused on zinc, lead, copper and silver in Ireland. Its flagship PG West Project hosts the Ballywire prospect, a major base metal discovery that the firm is advancing with multi-rig drill...
Group Eleven Shareholders Back Board, Auditor and Equity Plan at AGM
PositiveGroup Eleven Resources said that shareholders approved all motions at its annual general meeting in Vancouver, including the election of the full slate of director nominees and the reappointment of Davidson & Company as auditor. Investors also ba...
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: Aug 24, 2026