CSE

Element79 Gold Corp.

ELEM.CN•Basic Materials•Gold
Current Price
$0.01
Today's Change
+0.00%
Market Cap
$3.11M
Volume
16.00K
🥇

Commodity Exposure

Gold

Current Price
$4,076.10/oz
-1.78% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

Element79 Gold Corp. is an exploration-stage company focused on acquiring and developing mining properties in Peru, Canada, and the United States. Key concerns include a very low market cap of $3.11M and a negative return on assets of -427.1%, indicating significant financial distress. Additionally, a current ratio of 0.46 suggests liquidity issues, as the company may struggle to meet short-term obligations. Overall, while the gold sector can offer growth potential, Element79's financial health raises red flags for investors.

Based on 17 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.04
52 Week Low$0.01
Avg Volume47.98K
Beta2.46
Shares Outstanding207.37M

🔥 Valuation

Market Cap$3.11M
Enterprise Value$3.92M
P/E Ratio-0.10
EV/EBITDA ⚠️-0.29x
Dividend Yield0.00%

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🚩 Red Flags

🔴

Cash Runway Critical

Company has $4K in cash but burned $1.3M last quarter. At this burn rate, only 0.0 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-16.1M over the last year, representing Infinity% of revenue.

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High Debt Load

Debt of $755K is 174.4x the company's cash position of $4K.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $5.3M over the last year.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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