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Goldstone Resources (GRL) AI Stock Analysis
Goldstone Resources
(LSE:GRL)
The overall score reflects a high-risk financial profile dominated by deep losses, cash burn, and rising leverage, partially offset by strong revenue growth and oversold technical conditions that may limit further near-term downside but do not yet signal a sustained recovery, with valuation remaining unattractive due to negative earnings and lack of dividends.
Goldstone Resources (GRL) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- GBP 4.42M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.30M
- Price to Earnings (P/E)
- -1.0
- Beta (1Y)
- -0.26
- Revenue Growth
- -0.62%
- EPS Growth
- 12.00%
- Country
- UK
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Goldstone Resources Business Overview & Revenue Model
Company Description
Goldstone Resources Limited, operating through its various subsidiaries, specializes in the exploration and development of gold and related minerals across West and Central Africa. Its portfolio includes a 100% ownership stake in the Akrokeri-Homase...
How the Company Makes Money
Goldstone Resources’ primary economic objective is to generate value from gold mineral assets by advancing projects through exploration and development toward production. If the company is producing, it would make money by selling mined gold (and any...
Goldstone Resources Financial Statement Overview
Summary
Financial performance is weak: strong revenue growth is outweighed by deep and widening losses, rising leverage, and persistently negative free cash flow, leaving the company dependent on external funding and with elevated balance-sheet and cash-flow risk.
Income Statement
32NegativeBalance Sheet
45NeutralCash Flow
28Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Dec 2023 | Dec 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.65M | 11.40M | 4.95M | 8.90M | 2.20M | 0 |
| Gross Profit | 6.76M | 6.89M | 1.22M | 3.16M | 1.26M | -51.84K |
| EBITDA | -2.40M | -5.96M | -1.88M | 109.52K | -1.01M | -722.91K |
| Net Income | -9.52M | -9.69M | -4.15M | -674.41K | -2.69M | -2.25M |
Balance Sheet | ||||||
| Total Assets | 28.83M | 28.83M | 24.16M | 21.07M | 22.15M | 23.83M |
| Cash, Cash Equivalents and Short-Term Investments | 435.02K | 435.02K | 95.78K | 113.31K | 121.43K | 336.52K |
| Total Debt | 11.60M | 11.60M | 9.50M | 2.91M | 6.57M | 4.81M |
| Total Liabilities | 17.15M | 17.15M | 13.63M | 8.28M | 12.93M | 7.84M |
| Stockholders Equity | 11.68M | 11.68M | 10.53M | 12.78M | 9.22M | 16.00M |
Cash Flow | ||||||
| Free Cash Flow | -2.08M | -2.20M | -2.62M | -972.15K | -2.93M | -6.64M |
| Operating Cash Flow | -1.06M | -1.16M | 49.48K | 621.64K | -1.75M | -1.02M |
| Investing Cash Flow | -1.02M | -1.03M | -2.67M | -1.59M | -1.18M | -5.62M |
| Financing Cash Flow | 1.86M | 2.57M | 2.63M | 748.94K | 2.94M | 6.28M |
Goldstone Resources Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GRL, the sentiment is Negative. The current price of 0.47 is below the 20-day moving average (MA) of 0.52, below the 50-day MA of 0.53, and below the 200-day MA of 0.71, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 37.31 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:GRL.
Goldstone Resources Peers Comparison
Overall Rating
GB:PALM51Neutral
GB:HAMA45Neutral
GB:CGNR44Neutral
GB:ECR44Neutral- GB:GRL40Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| GB:PALM | 51Neutral | GBP 17.95M | -9.87 | -33.46% | ― | ― | 70.97% |
| GB:HAMA | 45Neutral | GBP 2.91M | -0.64 | -165.54% | ― | ― | 56.07% |
| GB:CGNR | 44Neutral | GBP 6.54M | -33.60 | -0.55% | ― | ― | 77.01% |
| GB:ECR | 44Neutral | GBP 5.24M | -3.19 | -23.57% | ― | ― | 0.00% |
| GB:GRL | 40Underperform | GBP 7.97M | -1.02 | -38.99% | ― | -0.62% | 12.00% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GB:GRL | Goldstone Resources | 0.47 | 0.09 | 25.00% | |
| GB:ECR | ECR Minerals | 0.13 | -0.08 | -39.52% | |
| GB:CGNR | Conroy Gold and Natural Resources | 7.00 | -3.25 | -31.71% | |
| GB:PALM | Panther Metals Plc | 147.50 | 90.50 | 158.77% | |
| GB:HAMA | Hamak Gold Limited | 0.57 | -0.78 | -57.41% |
Goldstone Resources Corporate Events
GoldStone boosts finances and capacity as Homase output lags targets
PositiveGoldStone reported interim revenue of US$4.86 million and gross profit of US$2.49 million for the six months to 30 June 2026, with profit before tax of US$0.25 million versus a US$3.76 million loss a year earlier. Lower output of 1,214 ounces reflect...
GoldStone Resources Wins Extended Interest-Free Period on Gold Loan
PositiveGoldStone Resources has secured a further amendment to its gold loan agreement with Asian Investment Management Services, extending the waiver of interest on the outstanding loan balance for the full year from 1 January 2026 to 31 December 2026. The...
GoldStone ramps up Homase drilling as it upgrades plant to bolster gold output
PositiveGoldStone Resources has launched a 2,000-metre reverse circulation pit definition drilling programme at its Homase Mine in Ghana, focusing on the proposed Pit 5 and Pit 6 oxide zones. The campaign aims to better define near-surface oxide mineralisati...
GoldStone expands share capital as new subscription shares begin trading on AIM
PositiveGoldStone Resources has issued and admitted to trading 351,594,899 new ordinary shares on AIM, following a subscription by Persistence Gold Group. The new shares rank pari passu with existing stock, taking the company’s total issued share capit...
GoldStone Tweaks Terms of Persistence Subscription Ahead of AIM Admission
PositiveGoldStone Resources has agreed a deed of variation with Persistence Gold Group to amend administrative aspects of a previously announced strategic subscription, while leaving the main commercial terms intact. Persistence will still subscribe for 351,...
GoldStone Resources secures £3.51m strategic investment from Persistence Gold Group
PositiveGoldStone Resources has secured a £3.51 million strategic equity investment from Hong Kong-listed Persistence Gold Group, which will acquire 351,594,899 new shares at 1.0 pence each, representing about 21% of the enlarged share capital. The fund...
GoldStone stabilises Homase operations and raises funds for West African growth
NeutralGoldStone Resources reported a transitional 2025 as it worked to stabilise production at its Homase Mine in Ghana, improve recovery rates and boost operational efficiency, while advancing exploration to extend its oxide resource and progress the sulp...
GoldStone stabilises Homase operations and raises funds to drive West African growth
NeutralGoldStone Resources reported a year of operational stabilisation at its Homase Mine, concentrating on improving production consistency, recovery rates and efficiency, while strengthening governance and financial discipline. The company advanced explo...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 30, 2026