Element79 Gold (CNSX:ELEM) - Stock Price, News & Analysis

ELEM Stock Overview

A mineral exploration company, engages in the acquisition, exploration, and development of mining properties in Canada, the United States, and Peru. More details

ELEM fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 97.6% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (CA$8M)

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (CA$0)

Earnings have declined by 68.8% per year over past 5 years

Element79 Gold Corp. Competitors

Opawica Explorations

TSXV:OPW

CA$7.7m

Dynasty Gold

TSXV:DYG

CA$7.6m

Goldstorm Metals

TSXV:GSTM

CA$8.0m

Sarama Resources

TSXV:SWA

CA$7.7m

Price History & Performance

Summary of all time highs, changes and price drops for Element79 Gold
Historical stock prices
Current Share Price	CA$0.075
52 Week High	CA$0.44
52 Week Low	CA$0.07
Beta	2.26
11 Month Change	-21.05%
3 Month Change	-46.43%
1 Year Change	-60.53%
33 Year Change	-99.38%
5 Year Change	n/a
Change since IPO	-99.00%

Recent updates

Shareholder Returns

	ELEM	CA Metals and Mining	CA Market
7D	-16.7%	6.6%	2.2%
1Y	-60.5%	32.2%	23.4%

Return vs Industry: ELEM underperformed the Canadian Metals and Mining industry which returned 32.1% over the past year.

Return vs Market: ELEM underperformed the Canadian Market which returned 23.4% over the past year.

Price Volatility

Is ELEM's price volatile compared to industry and market?
ELEM volatility
ELEM Average Weekly Movement	11.6%
Metals and Mining Industry Average Movement	10.4%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: ELEM has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ELEM's weekly volatility (12%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2020	n/a	James Tworek	www.element79.gold

Element79 Gold Corp., a mineral exploration company, engages in the acquisition, exploration, and development of mining properties in Canada, the United States, and Peru. It primarily explores for gold, silver, and associated metals. The company was incorporated in 2020 and is based in Vancouver, Canada.

Element79 Gold Corp. Fundamentals Summary

How do Element79 Gold's earnings and revenue compare to its market cap?
ELEM fundamental statistics
Market cap	CA$7.72m
Earnings (TTM)	-CA$12.32m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-0.6x

P/E Ratio

Is ELEM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELEM income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$12.32m
Earnings	-CA$12.32m

Last Reported Earnings

May 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.12
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	1.5%

How did ELEM perform over the long term?

See historical performance and comparison

ELEM Stock Overview

Rewards

Risk Analysis

Element79 Gold Corp. Competitors

TSXV:OPW

CA$7.7m

TSXV:DYG

CA$7.6m

TSXV:GSTM

CA$8.0m

TSXV:SWA

CA$7.7m

Price History & Performance

Recent News & Updates

Element79 Gold Corp. announced that it expects to receive CAD 1 million in funding

Element79 Gold Corp. Announces Resignation of George Tumur from Board of Directors

-Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors

Element79 Gold Corp Provides an Update for Its Clover Project in Elko County, Nevada and Its Portfolio of Exploration and Development Projects in Nevada, USA

1472886 B.C. Ltd agreed to acquire Elder Creek, North Mill Creek and Elephant projects located in Nevada from Element79 Gold Corp. (CNSX:ELEM).

High number of new and inexperienced directors

Recent updates

Element79 Gold Corp. announced that it expects to receive CAD 1 million in funding

Element79 Gold Corp. Announces Resignation of George Tumur from Board of Directors

-Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors

Element79 Gold Corp Provides an Update for Its Clover Project in Elko County, Nevada and Its Portfolio of Exploration and Development Projects in Nevada, USA

1472886 B.C. Ltd agreed to acquire Elder Creek, North Mill Creek and Elephant projects located in Nevada from Element79 Gold Corp. (CNSX:ELEM).

High number of new and inexperienced directors

Element79 Gold Corp. Announces Board Changes

Element79 Gold Corp., Annual General Meeting, Sep 23, 2024

Element79 Gold Corp. announced that it expects to receive CAD 0.25 million in funding

Element79 Gold Corp Reports Exceptionally High-Grade Results from Lucero

Element79 Gold Corp. Appoints Warren Levy to Its Advisory Board

Element79 Gold Corp. announced that it has received CAD 0.867735 million in funding

Element79 Gold Corp. announced that it expects to receive CAD 0.4 million in funding

New minor risk - Financial data availability

Element79 Gold Corp. announced that it has received CAD 0.6 million in funding

Element79 Gold Corp. announced that it expects to receive CAD 0.6 million in funding

Element79 Gold Corp. Announces Chief Operating Officer Changes

New major risk - Shareholder dilution

High number of new and inexperienced directors

Element79 Gold Corp. Appoints Tammy Gillis as New Chief Financial Officer

Element79 Gold Corp. Appoints Tammy Gillis as New Chief Financial Officer

Element79 Gold Corp. announced that it has received CAD 0.145 million in funding

High number of new and inexperienced directors

New major risk - Financial position

Centra Mining Ltd. completed the acquisition of The Long Peak Project and The Stargo Project from Element79 Gold Corp. (CNSX:ELEM).

Element79 Gold Corp. Appoints James Tworek to Board of Directors

Element79 Gold Corp. (CNSX:ELEM) submitted a winning bid to acquire Lucero del Sur 28.

Element79 Gold Corp. announced that it expects to receive CAD 5 million in funding

Element79 Gold Corp. Announces Resignation of Konstantin Lichtenwald from Its Board

Valdo Minerals Ltd. entered into a non-binding letter of intent to acquire North Mill Creek Project, Elder Creek Project and Elephant Project from Element79 Gold Corp. (CNSX:ELEM) for CAD 1.1 million.

High number of new and inexperienced directors

High number of new and inexperienced directors

Element79 Gold Corp. Appoints Shane Williams to Board of Directors

Element79 Gold Corp. (CNSX:ELEM) completed the acquisition of Calipuy Resources Inc. for CAD 22 million.

Element79 Gold Corp. announced that it expects to receive CAD 2 million in funding

Element79 Gold Reports Results of 2021 Dale Property Phase I Exploration Program

Element79 Gold Corp. Appoints Antonios Maragakis to Board of Directors

No independent directors

Director recently sold CA$53k worth of stock

Director recently sold CA$53k worth of stock

Director recently sold CA$64k worth of stock

Element79 Gold Corp. (CNSX:ELEM) completed the acquisition of 1316524 B.C. Ltd.

Element79 Gold Corp. Begins Phase 1 Exploration Program on the Dale Gold Property in the Abitibi Subprovince, Ontario, Canada

Element79 Gold Corp. (CNSX:ELEM) signed a binding Letter of Intent to acquire Plutus Gold Corp. for CAD 5.8 million.

Shareholder Returns

Price Volatility

About the Company

Element79 Gold Corp. Fundamentals Summary

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-0.6x

Earnings & Revenue