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GFG Resources
(GFG)
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Rating:46Neutral
Price Target:
C$0.17
▼(-25.22% Downside)
Action:Reiterated
Date:10/24/26
The score is held down primarily by weak financial performance (pre-revenue profile with recurring losses and persistent negative operating/free cash flow) and bearish technical signals (below major moving averages with negative MACD). A strong, low-leverage balance sheet partially offsets these risks, but valuation metrics provide limited support due to negative earnings and no dividend.
Positive Factors
Low Financial Leverage
Minimal debt reduces solvency pressure and preserves financial flexibility while GFG advances exploration. A low-leverage structure can help the company sustain programs through weak periods without the added burden of substantial interest obligations or debt repayment requirements.
Negative Factors
No Operating Revenue
The absence of revenue means GFG currently lacks an operating income stream to fund exploration or demonstrate commercial scalability. Until projects advance toward development or transactions, the business remains dependent on capital resources rather than internally generated sales.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Financial Leverage
Minimal debt reduces solvency pressure and preserves financial flexibility while GFG advances exploration. A low-leverage structure can help the company sustain programs through weak periods without the added burden of substantial interest obligations or debt repayment requirements.
Read all positive factors
GFG Resources (GFG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$51.11M
Dividend YieldN/A
Average Volume (3M)167.62K
Price to Earnings (P/E)―
Beta (1Y)0.39
Revenue GrowthN/A
EPS Growth-172.58%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding304,255,300
10 Day Avg. Volume170,433
30 Day Avg. Volume167,623
Financial Highlights & Ratios
PEG Ratio0.28
Price to Book (P/B)1.49
Price to Sales (P/S)0.00
P/FCF Ratio-39.99
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GFG Resources Business Overview & Revenue Model
Company Description
GFG Resources Inc. operates as an exploration firm, actively engaged in the acquisition and development of mineral properties across Canada and the United States. The company's primary objective revolves around the exploration for gold deposits. I...
GFG Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
78
Positive
Cash Flow
20
Very Negative
| Breakdown | Jun 2026 | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -37.01K | -35.08K | -34.90K | -34.77K | -35.85K |
| EBITDA | -2.17M | -1.23M | -1.03M | -11.74M | -816.00K |
| Net Income | -1.34M | 1.54M | -1.25M | -11.85M | -860.00K |
Balance Sheet | |||||
| Total Assets | 46.81M | 43.35M | 35.16M | 33.43M | 39.03M |
| Cash, Cash Equivalents and Short-Term Investments | 3.31M | 5.03M | 2.13M | 3.47M | 1.21M |
| Total Debt | 122.69K | 14.06K | 51.40K | 121.94K | 148.25K |
| Total Liabilities | 2.21M | 1.34M | 1.45M | 1.29M | 873.22K |
| Stockholders Equity | 44.61M | 42.02M | 33.71M | 32.14M | 38.15M |
Cash Flow | |||||
| Free Cash Flow | -1.66M | -5.67M | -3.88M | -4.20M | -3.10M |
| Operating Cash Flow | -1.65M | -1.56M | -1.51M | -1.35M | -1.32M |
| Investing Cash Flow | -4.93M | -2.72M | -2.15M | -2.49M | -2.08M |
| Financing Cash Flow | 4.00M | 6.77M | 2.32M | 6.10M | 3.03M |
GFG Resources Technical Analysis
Negative
0.23
Price Trends
0.21
Negative
0.21
Negative
0.19
Negative
Market Momentum
-0.01
Negative
40.68
Neutral
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GFG, the sentiment is Negative. The current price of 0.23 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.21, and above the 200-day MA of 0.19, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 40.68 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GFG.
GFG Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | C$28.48M | -4.83 | -32.41% | ― | ― | 26.66% | |
48 Neutral | C$35.36M | -8.04 | -18.49% | ― | ― | 31.25% | |
46 Neutral | C$51.11M | -37.21 | -3.04% | ― | ― | -172.58% | |
43 Neutral | C$39.70M | -24.19 | -25.08% | ― | ― | 80.92% | |
42 Neutral | C$25.65M | -1.07 | -37.51% | ― | ― | -17.68% | |
41 Neutral | C$31.76M | -1.83 | -44.03% | ― | ― | -761.62% |
* General Sector Average
TSE:GFG
GFG Resources
0.17
0.02
15.86%
TSE:JG
Japan Gold
0.12
-0.03
-17.86%
TSE:NVO
Novo Resources
0.06
-0.09
-60.00%
TSE:TAJ
Tajiri Resources
0.15
-0.03
-16.67%
TSE:NPR
North Peak Resources
0.57
-0.32
-35.96%
TSE:USGD
American Pacific Mining
0.12
-0.06
-32.96%
GFG Resources Corporate Events
Business Operations and StrategyPrivate Placements and Financing
GFG Resources Launches C$7 Million Flow-Through Financing to Fund Exploration
Positive
Oct 1, 2026
GFG Resources has launched a best-efforts private placement financing of up to approximately C$7 million through Paradigm Capital, offering a mix of hard-dollar units, flow-through shares and premium flow-through units with attached warrants. The ...
Business Operations and Strategy
GFG Resources Strikes Barrick Earn-In Deal to Fast-Track Pen Gold Exploration
Positive
Aug 25, 2026
GFG Resources has entered into a definitive earn-in agreement with Barrick Gold for its 100%-owned Pen Gold Project in Ontario’s Timmins Gold District. Under the deal, Barrick can earn an initial 60% interest by investing up to $17.68 millio...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.