Eminent Gold Corp. (EMGDF)
Eminent Gold Corp. is a company primarily dedicated to the exploration and assessment of gold deposits within the United States. The firm has an option agreement in place to fully acquire (100% interest in) the Hot Springs property, located in Humboldt County, Nevada, which encompasses 168 unpatented mining claims covering approximately 1,375 hectares. Its portfolio also includes the Weepah property in Esmeralda County, Nevada; the Spanish Moon property, consisting of 70 unpatented claims in Nye County, Nevada; and the Gilbert South property, which holds 110 unpatented claims situated to the west of Tonopah, Nevada. Additionally, Eminent Gold Corp. possesses an option to secure an 87.25% stake in the Barcelona property. Originally incorporated in 2011, the company was known as Navy Resources Corp. until it changed its name to Eminent Gold Corp. in February 2021. Its main office is located in Vancouver, Canada.
Industry: Industrial Materials
Eminent Gold Corp.
OTC:EMGDFBasic Materials · Industrial Materials
-6.73%$0.2190
Mkt Cap$17.58M
Float55.76M
O/S80.26M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$1.49M
Total Assets$7.1M
Free Cash Flow-$844K
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$6.83M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in EMGDF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$7.1M
Liabilities$275K
Accounts Receivable$8K
Accounts Payable$248K
Inventory$0
PP&E (Net)$6.97M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $193K | $97K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | 98.1% | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $88K | $95K | $132K | $193K | $97K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | -$88K | -$95K | -$132K | -$193K | -$97K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | -100.1% | -100.1% | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.37M | $480K | $566K | $915K | $622K | $788K | $54K | $45K | $61K | $105K | $86K | $97K | $117K | $199K |
| Other | $122K | $0 | $0 | $0 | $0 | $339 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $1.49M | $480K | $566K | $915K | $622K | $788K | $54K | $45K | $72K | $105K | $97K | $107K | $128K | $199K |
| Operating Income (EBIT) | -$1.49M | -$568K | -$661K | -$1.05M | -$815K | -$885K | -$45K | -$36K | -$61K | -$105K | -$86K | -$133K | -$242K | -$199K |
| Operating Margin | - | - | - | - | -422.5% | -909.7% | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $2K | $0 | $0 | $0 | $0 | $4K | $4K | $2K | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $6 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | -$37K | -$2.32M | -$29K | -$50K | -$22K | -$14K | -$32K | -$11K | $0 | -$12K | -$10K | -$11K | $0 |
| Income Before Tax (EBT) | -$1.49M | -$604K | -$2.98M | -$1.08M | -$865K | -$907K | -$58K | -$81K | -$72K | -$105K | -$98K | -$143K | -$252K | -$199K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$12K |
| Net Income | -$1.49M | -$604K | -$2.98M | -$1.08M | -$865K | -$907K | -$58K | -$81K | -$72K | -$105K | -$98K | -$143K | -$252K | -$187K |
| Net Income Margin | - | - | - | - | -448.4% | -932.4% | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||
| EPS | -0.03 | -0.02 | -0.09 | -0.04 | -0.03 | -0.04 | -0.00 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.03 | -0.02 |
| Diluted EPS | -0.03 | -0.02 | -0.09 | -0.04 | -0.03 | -0.04 | -0.00 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.03 | -0.02 |
| Weighted Average OS | 73.30M | 42.41M | 46.79M | 42.77M | 38.80M | 28.30M | 18.00M | 15.20M | 15.20M | 15.18M | 12.18M | 11.40M | 11.40M | 11.40M |
| EBITDA | -$1.49M | $1.71M | -$661K | -$184 | $132 | $103 | -$12K | -$36K | -$67K | -$105K | -$98K | -$133K | $124 | -$199K |
| EBITDA Margin | - | - | - | - | 0.1% | 0.1% | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $20K | $770K | $148K | $69K | $829K | $1.12M | $497K | $829 | $29K | $22K | $79K | $35K | $131K | $247K | $92K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $20K | $770K | $148K | $69K | $829K | $1.12M | $497K | $829 | $29K | $22K | $79K | $35K | $131K | $247K | $92K |
| Accounts Receivable | $8K | $13K | $8K | $6K | $21K | $16K | $1K | $0 | $0 | $0 | $0 | $0 | $0 | $29K | $13K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $141K | $866K | $217K | $437K | $1.12M | $1.16M | $499K | $1K | $29K | $24K | $81K | $36K | $141K | $276K | $113K |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $6.97M | $2.66M | $1.96M | $3.56M | $2.39M | $559K | $0 | $0 | $32K | $32K | $18K | $0 | $36K | $155K | $122K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | -$6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $6.96M | $2.66M | $1.96M | $3.56M | $2.39M | $559K | $0 | $0 | $32K | $32K | $18K | $0 | $36K | $155K | $122K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $7.1M | $3.53M | $2.18M | $4M | $3.51M | $1.72M | $499K | $1K | $61K | $56K | $99K | $36K | $176K | $431K | $235K |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $248K | $386K | $123K | $100K | $185K | $68K | $10K | $64K | $57K | $17K | $5K | $3K | $808 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $82K | $71K | $36K | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$225 | $287K | $83K | $129K | $157K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17K | $17K |
| Total Current Liabilities | $275K | $413K | $239K | $175K | $198K | $95K | $17K | $157 | $135K | $59K | $11K | $9K | $7K | $17K | $17K |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12K |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $275K | $413K | $239K | $175K | $198K | $95K | $17K | $157K | $135K | $59K | $11K | $9K | $7K | $17K | $29K |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $14.09M | $9.38M | $7.65M | $6.66M | $5.36M | $2.98M | $1.41M | $718K | $718K | $0 | $703K | $545K | $545K | $545K | $239K |
| Retained Earnings | -$8.94M | -$7.46M | -$6.86M | -$3.88M | -$2.8M | -$1.94M | -$1.03M | -$970K | -$889K | -$817K | -$713K | -$615K | -$472K | -$220K | -$33K |
| Comprehensive Income & Other | $1.68M | $0 | $1.14M | $0 | $0 | $582K | $0 | $0 | $97K | $97K | $97K | $97K | $97K | $88K | $0 |
| Other Stockholders' Equity | $1.68M | $1.2M | $1.14M | $1.04M | $753K | $582K | $97K | $97K | $97K | $815K | $97K | $97K | $97K | $88K | $0 |
| Total Equity | $6.83M | $3.11M | $1.94M | $3.82M | $3.31M | $1.63M | $482K | -$156K | -$75K | -$3K | $87K | $27K | $170K | $413K | $206K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $7.1M | $3.53M | $2.18M | $4M | $3.51M | $1.72M | $499K | $1K | $61K | $56K | $99K | $36K | $176K | $431K | $235K |
| Supplementary Data | |||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $82K | $71K | $36K | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$20K | -$770K | -$148K | -$69K | -$829K | -$1.12M | -$497K | $81K | $43K | $14K | -$79K | -$35K | -$131K | -$247K | -$92K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | -$1.49M | -$605K | -$2.98M | -$1.08M | -$865K | -$907K | -$58K | -$81K | -$72K | -$105K | -$97K | -$143K | -$252K | -$187K |
| Depreciation & Amortization | $0 | $2.28M | $2.28M | $1.05M | $815K | $885K | $32K | $32K | $0 | $0 | $0 | $36 | $124 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$12K |
| Stock-Based Compensation | $363K | $55K | $32K | $291K | $171K | $485K | $0 | $0 | $0 | $0 | $0 | $0 | $9K | $71K |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $5K | -$5K | -$2K | $15K | -$5K | -$14K | -$936 | -$540 | $2K | -$654 | -$484 | $9K | $27K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $279K | -$185K | $300K | -$91K | -$240K | -$31K | -$52K | $7K | $38K | $12K | $2K | $3K | -$11K | -$6K |
| Total Working Capital Change | $284K | -$190K | $299K | -$76K | -$245K | -$45K | -$53K | $7K | $40K | $11K | $2K | $11K | $16K | -$6K |
| Other Non-Cash Items | -$296 | -$2.28M | $264K | -$974K | -$845K | -$827K | -$28K | $4K | $2K | $190 | $0 | $36K | $124K | $0 |
| Net Cash from Operating | -$844K | -$740K | -$107K | -$789K | -$969K | -$408K | -$107K | -$39K | -$29K | -$93K | -$96K | -$96K | -$103K | -$134K |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$2.67M | -$295K | -$466K | -$950K | -$1.44M | -$504K | $0 | $0 | $0 | $0 | -$18K | $0 | -$13K | -$23K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$2.67M | -$295K | -$466K | -$950K | -$1.44M | -$504K | $0 | $0 | $0 | $0 | -$18K | $0 | -$13K | -$23K |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | - | - | - | -$84K | -$11K | -$36K | - | - | - | - | - |
| Common Stock Issuance | $2.77M | $1.66M | $652K | $978K | $2.13M | $1.53M | $519K | $0 | $0 | $0 | $158K | $0 | $0 | $312K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $519K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $2.77M | $1.66M | $652K | $978K | $2.13M | $1.53M | $603K | $11K | $36K | $36K | $158K | $0 | $0 | $312K |
| Forex Effect | $35K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$715K | $623K | $79K | -$761K | -$286K | $618K | $497K | -$28K | $7K | -$57K | $45K | -$96K | -$116K | $156K |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | -$844K | -$740K | -$107K | -$789K | -$969K | -$408K | -$107K | -$39K | -$29K | -$93K | -$96K | -$96K | -$103K | -$134K |
| Capital Expenditure | $0 | -$295K | -$466K | -$950K | -$1.44M | -$504K | $0 | $0 | $0 | $0 | -$18K | $0 | -$13K | -$23K |
| Free Cash Flow | -$844K | -$1.03M | -$573K | -$1.74M | -$2.41M | -$912K | -$107K | -$39K | -$29K | -$93K | -$113K | -$96K | -$116K | -$157K |
| Cash at Beginning | $735K | $148K | $69K | $829K | $1.12M | $497K | $829 | $29K | $22K | $79K | $35K | $131K | $247K | $92K |
| Cash at End | $20K | $770K | $148K | $69K | $829K | $1.12M | $497K | $829 | $29K | $22K | $79K | $35K | $131K | $247K |