As Onyx Gold Corp. prepares for its upcoming earnings report, investors are closely watching how its latest developments will influence expectations.
Onyx Gold Corp. (ONYX.V) is set to release its earnings report on July 22, 2026, after market close. This will be the first earnings report for the fiscal period ending June 30, 2026, and investors are eager for insights into the company's performance amid a challenging market landscape. With a consensus EPS estimate of -$0.03 and a revenue consensus of $0, the stakes are high for this small-cap player in the metals and mining sector.
Recent earnings trend
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Onyx Gold Corp.
ONYX.V
ONYX.V
Onyx Gold Corp.
WealthAwesomeMarket cap
$133.44M
P/E
0.0x
52W high
$2.08
52W low
$1.01
1W change
+0.67%
Beta
0.95
Analyst Price Targets
Based on analyst covering ONYX
Wall Street analysts forecast ONYX stock price to rise 111.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$3.17
+111.7% Upside
Current Price
C$1.50
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ONYX's historical volatility
30-Day Vol
60.4%
Annualized
90-Day Vol
66.2%
Annualized
Trend (90d)
+23.0%
Annualized drift
90d Mean
C$1.63
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.54 | C$1.25 – C$1.90 |
| 60 trading days | C$1.58 | C$1.18 – C$2.13 |
| 90 trading days | C$1.63 | C$1.14 – C$2.34 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Investor takeaway: Investors should focus on Onyx Gold's operational developments and financing activities as indicators of future performance, especially since there’s no historical earnings data to guide expectations.
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Upcoming EPS Consensus: -$0.03
With a consensus estimate indicating a continued loss, investor expectations will rely more on operational updates than profitability metrics.
Bull case
Recent drilling results at the Munro-Croesus Project show promising gold grades, which has contributed to a bullish outlook for Onyx Gold. Additionally, the company has successfully closed multiple financing rounds, strengthening its cash position and providing the necessary capital to push its exploration efforts forward.
Bear case
However, the lack of historical EPS data and the current consensus estimate of a loss may raise concerns for investors. With a market cap of only CA$111 million and recent declines in stock price, there’s apprehension about Onyx Gold's ability to achieve profitability in the near term.
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