Garibaldi Resources (GGI) AI Stock Analysis

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Garibaldi Resources

(TSXV:GGI)

Select Model

Rating:46Neutral

Price Target:CAD 0.06▼(-1.67% Downside)

Action:reiterated

Date:09/30/26

The score is held down primarily by weak financial performance (no revenue, persistent losses, and continued cash burn), partially offset by low leverage. Technicals are neutral rather than strongly bullish, and valuation is not supportive given losses (negative P/E) and no dividend.

Positive Factors

Very Low LeverageNear-zero debt limits interest obligations and reduces immediate solvency risk, giving Garibaldi greater financial flexibility than a highly leveraged explorer. This provides a stronger base for funding exploration and managing volatility, although it does not eliminate reliance on equity capital.

Negative Factors

No Operating RevenueThe absence of operating revenue confirms that Garibaldi has not yet established a producing asset or recurring commercial cash inflow. Its ability to fund exploration therefore depends on capital access and project progress rather than internally generated revenue.

Garibaldi Resources (GGI) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 9.12M
Dividend Yield: ―
Average Volume (3M): 155.43K
Price to Earnings (P/E): -6.5
Beta (1Y): 1.15
Revenue Growth: ―
EPS Growth: 95.48%
Country: Canada
Employees: 0
Sector: General
Sector Strength: 55
Industry: Other Precious Metals

Garibaldi Resources Business Overview & Revenue Model

Company Description

Garibaldi Resources Corp. is an exploration-phase company dedicated to the acquisition, investigation, and assessment of various mineral properties. The firm specifically seeks out deposits rich in metals such as nickel, copper, cobalt, platinum, pal...

How the Company Makes Money

Garibaldi Resources does not generally generate recurring operating revenue from the sale of minerals because it is primarily an exploration-stage company and typically does not operate producing mines. Instead, it is commonly funded through capital...

Garibaldi Resources Financial Statement Overview

Summary

Exploration-stage financials remain weak: no revenue reported, recurring net losses, and ongoing operating/free-cash-flow burn. The main offset is low financial leverage (near-zero debt), but equity has fallen sharply versus prior years, raising longer-term funding and balance-sheet durability risk.

Income Statement

12Very Negative

Balance Sheet

62Positive

Cash Flow

28Negative

Financial statement breakdown
Breakdown	TTM	Apr 2025	Apr 2024	Apr 2023	Apr 2022	Apr 2021
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	-540	-569	-710	-890	-47.84K	-48.49K
EBITDA	-1.21M	-1.20M	-31.30M	-707.00K	-2.87M	-1.98M
Net Income	-1.33M	-1.25M	-28.34M	-757.00K	-3.46M	-1.85M
Balance Sheet
Total Assets	14.84M	14.97M	14.42M	44.89M	45.43M	43.34M
Cash, Cash Equivalents and Short-Term Investments	224.81K	391.27K	19.74K	122.11K	2.09M	563.95K
Total Debt	0	0	0	0	0	54.00K
Total Liabilities	3.73M	3.63M	2.83M	4.96M	5.00M	3.70M
Stockholders Equity	11.12M	11.34M	11.59M	39.93M	40.42M	39.63M
Cash Flow
Free Cash Flow	-492.91K	-361.74K	-116.17K	-504.84K	-4.03M	-2.79M
Operating Cash Flow	-472.28K	-359.43K	-116.17K	-504.84K	-797.42K	-680.23K
Investing Cash Flow	-339.28K	-300.96K	7,053	-1.62M	-2.84M	-2.11M
Financing Cash Flow	1.00M	1.00M	0	158.23K	5.02M	3.10M

Garibaldi Resources Technical Analysis

Technical Analysis SentimentNegative

Last Price0.06

Price Trends

50DMA0.06Negative

100DMA0.07Negative

200DMA0.09Negative

Market Momentum

MACD-0.00Negative

RSI47.86Neutral

STOCH100.00Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GGI, the sentiment is Negative. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 47.86 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GGI.

Garibaldi Resources Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:GGI against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:ELEF	52Neutral	CAD 16.11M	0.55	234.70%	―	―	―
TSE:GGI	46Neutral	CAD 9.12M	-6.45	-12.46%	―	―	95.48%
TSE:WLF	41Neutral	CAD 7.59M	-2.33	-306.36%	―	―	-442.00%
TSE:CPAU	39Underperform	CAD 10.24M	-2.23	-11.48%	―	―	71.88%
TSE:MTS	38Underperform	CAD 9.07M	-2.88	-321.65%	―	―	-206.25%

* General Sector Average

Performance Comparison

TSE:GGI and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:GGI	Garibaldi Resources	0.06	-0.06	-50.00%
TSE:CPAU	Copaur Minerals Inc.	0.08	-0.04	-30.43%
TSE:MTS	Metallis Resources	0.09	-0.29	-77.63%
TSE:ELEF	Silver Elephant Mining Corp	0.28	0.02	5.66%
TSE:WLF	Wolfden Resources	0.04	-0.07	-65.45%

Garibaldi Resources Corporate Events

Business Operations and StrategyPrivate Placements and Financing

Garibaldi Resources Upsizes Private Placement to $1.5 Million

Positive

Oct 28, 2026

Garibaldi Resources has increased the size of its previously announced non-brokered private placement, lifting the maximum issuance from 14,285,714 units to 21,428,571 units at $0.07 per unit, for potential gross proceeds of up to $1.5 million. Each...

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.

Date of analysis: Sep 30, 2026

Garibaldi Resources AI Stock Analysis