Edgemont Gold Corp. (EDGM) AI Stock Analysis

• Market Cap: C$4.83M
• Dividend Yield: N/A
• Average Volume (3M): 165.95K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.06
• Revenue Growth: N/A
• EPS Growth: -30.43%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 27,588,293
• 10 Day Avg. Volume: 78,120
• 30 Day Avg. Volume: 165,953
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -16.10
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Edgemont Gold Corp. shows potential with strong technical indicators and strategic corporate events that could enhance its market position. However, its financial performance is concerning, with persistent operating losses and negative cash flow. The valuation is also unattractive due to the lack of earnings. The company's future prospects depend heavily on successful project development and strategic execution.

Edgemont Gold Corp. Business Overview & Revenue Model

Company Description

Edgemont Gold Corp. (EDGM) is a mineral exploration company focused on the acquisition, exploration, and development of high-potential gold properties. Operating within the mining sector, Edgemont Gold aims to discover and advance quality gold projects in Canada, leveraging cutting-edge exploration techniques and a seasoned team of geologists and industry experts.

How the Company Makes Money

Edgemont Gold Corp. generates revenue primarily through the exploration and development of gold mining projects. The company identifies promising gold deposits and enhances their value through exploration activities such as drilling and geological assessments. Once a project demonstrates economic viability, Edgemont Gold may sell the project to a larger mining company or enter into joint ventures or partnerships to advance the project towards production. Additionally, the company may raise funds through equity financing, leveraging its exploration success to attract investment capital. Significant partnerships with other mining companies or investors can also contribute to its earnings by sharing exploration costs and rewards.

Edgemont Gold Corp. Financial Statement Overview

Summary

Edgemont Gold Corp. shows typical characteristics of a mining exploration company with no revenue and reliance on equity financing. The strong equity base is positive, but persistent negative cash flow and income raise concerns about long-term viability without successful project development.

Income Statement

The company has reported zero revenue over multiple years, which is common in the mining industry during exploration stages. However, consistent operating losses and negative net income indicate ongoing financial pressure without visible revenue generation.

Balance Sheet

The balance sheet shows strong equity with zero debt, reflecting a solid financial base. The equity ratio is high, indicating financial stability. However, the lack of income raises concerns about future funding needs.

Cash Flow

The cash flow is predominantly negative due to high operating and investing cash outflows, typical for an exploration company. The company relies on financing activities to maintain liquidity, but the negative free cash flow suggests sustainability concerns.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-108.77K	-143.15K	-536.63K	-660.49K	-85.65K	-42.62K
	EBITDA
-96.28K	-4.42K	-505.07K	0.00	-152.43K	0.00
	Net Income Common Stockholders
-154.49K	-148.04K	-506.05K	-503.43K	-141.87K	7.79K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
838.42K	903.17K	704.12K	1.99M	150.07K	144.86K
	Total Assets
2.56M	2.37M	2.32M	3.05M	379.24K	245.15K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-838.42K	-903.17K	-704.12K	-1.99M	-150.07K	-144.86K
	Total Liabilities
170.00	19.14K	21.08K	348.81K	10.71K	54.36K
	Stockholders Equity
2.56M	2.35M	2.30M	2.71M	368.53K	190.79K
Cash Flow		Free Cash Flow
-123.89K	-118.16K	-1.31M	-857.75K	-262.81K	-100.39K
	Operating Cash Flow
-123.50K	-118.16K	-340.47K	-510.06K	-151.05K	-3.32K
	Investing Cash Flow
-254.09K	136.96K	-968.32K	-362.30K	-113.16K	-97.07K
	Financing Cash Flow
340.00K	180.26K	17.94K	2.72M	269.41K	244.50K

Edgemont Gold Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EDGM, the sentiment is Positive. The current price of 0.18 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.14, and above the 200-day MA of 0.07, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 56.60 is Neutral, neither overbought nor oversold. The STOCH value of 47.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:EDGM.

Edgemont Gold Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	81 Outperform	C$3.04B	19.63	26.82%	―	77.93%	236.93%
EDGM	58 Neutral	C$4.83M	―	-6.31%	―	―	-30.43%
GFG	48 Neutral	C$51.14M	29.23	4.96%	―	―	―
Sector *	47 Neutral	$2.49B	-2.97	-22.93%	3.49%	4.06%	-27.72%

Edgemont Gold Corp. Corporate Events

Edgemont Gold Corp. Extends Deadline for Laiva Gold Acquisition

Edgemont Gold Corp. has announced an update regarding its proposed acquisition of Laiva Gold Inc., extending the deadline for a definitive agreement to April 15, 2025. Laiva Gold Inc. owns the Laiva Mine in Finland, which is one of the largest gold plants in Europe. This acquisition could potentially enhance Edgemont’s operational capacity and market positioning in the mining industry.

Edgemont Gold Corp. Strengthens Leadership with New Director Appointment

Edgemont Gold Corp. has appointed John Williamson as a director, effective February 26, 2025. Williamson brings over 30 years of experience in the global mining sector and has been instrumental in founding and leading over 20 successful companies, raising more than $1 billion for mining projects worldwide. This strategic appointment is expected to bolster Edgemont’s leadership and potentially enhance its project development and exploration efforts, particularly at the Dungate copper/gold porphyry project.

Edgemont Gold Corp. Announces Intent to Acquire Laiva Gold Inc.

Edgemont Gold Corp. has announced a non-binding letter of intent to acquire Laiva Gold Inc., a private company based in Alberta, which marks a significant strategic move for Edgemont. This transaction, if finalized, will involve Edgemont issuing shares to Laiva’s shareholders and is expected to lead to a ‘Fundamental Change’ requiring Canadian Securities Exchange approval. Additionally, Edgemont has provided a $750,000 bridge loan to Laiva and plans to conduct private placement offerings to raise necessary capital, highlighting the company’s efforts to expand its operations and enhance its market position.

Edgemont Gold Corp. Completes C$425,000 Private Placement

Edgemont Gold Corp. has successfully closed a non-brokered private placement, raising C$425,000 through the issuance of 8,500,000 units priced at C$0.05 each. The funds will be used for general working capital, and this move could enhance the company’s operational capacity and strengthen its market position in the mining sector.

Edgemont Gold Corp. Announces Private Placement Financing

Edgemont Gold Corp. has announced a non-brokered private placement financing of up to 8,500,000 units at C$0.05 per unit, aiming to raise C$425,000. The funds from this offering will be used for general working capital, and the closing is contingent on certain conditions, including submission of necessary forms to the Canadian Securities Exchange.