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Granada Gold Mine Inc (GGM) AI Stock Analysis

TSE:GGM

Granada Gold Mine Inc

(TSXV:GGM)

Select Model
Rating:42Neutral
Price Target:CAD 0.02â–¼(-4.00% Downside)
Action:reiterated
Date:11/01/26

The score is driven primarily by very weak financial performance (no revenue, ongoing losses, negative operating/free cash flow, and persistently negative equity). Technicals add further pressure with a downtrend below key moving averages and negative MACD, despite an oversold RSI. Valuation provides limited support due to a negative P/E and no dividend yield data.

Positive Factors
Project Development FocusThe company has a defined development pathway for its Granada Gold Project, spanning exploration, resource definition, engineering, and permitting. This integrated work program can progressively improve technical understanding and project readiness over the next several quarters if execution continues.
Negative Factors
No Revenue and Persistent LossesThe absence of revenue and recurring operating losses show that the Granada project has not yet developed into a producing business. Until commercial operations begin, the company lacks an established earnings engine and remains exposed to prolonged development and funding requirements.

Granada Gold Mine Inc (GGM) vs. iShares MSCI Canada ETF (EWC)

-50%0%50%100%150%200%TSE:GGM-37.50%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
CAD 5.68M
Dividend Yield
―
Average Volume (3M)
247.46K
Price to Earnings (P/E)
-2.3
Beta (1Y)
1.28
Revenue Growth
―
EPS Growth
―
Country
Canada
Employees
0
Sector
General
Sector Strength
55
Industry
Gold

Granada Gold Mine Inc Business Overview & Revenue Model

Company Description

Granada Gold Mine Inc. operates as a junior natural resource firm, concentrating on the acquisition, exploration, and development of mineral assets throughout Canada. Its primary exploration efforts are directed toward uncovering gold deposits. The c...

Granada Gold Mine Inc Financial Statement Overview

Summary

Financial performance is very weak: no revenue across the periods provided, persistent operating losses, and consistently negative operating and free cash flow. The balance sheet is constrained by negative stockholders’ equity in every year, increasing financing and dilution risk. The 2026 swing to positive net income is not supported by operating cash generation, suggesting non-operating drivers rather than core improvement.

Income Statement

12Very Negative

Balance Sheet

18Very Negative

Cash Flow

14Very Negative
Financial statement breakdown
BreakdownTTMJun 2026Sep 2025Sep 2024Sep 2023Sep 2022
Income Statement
Total Revenue000000
Gross Profit-35.70K-13.52K-39.83K-36.78K3,022-56.56K
EBITDA-1.77M-1.82M-1.42M-1.79M-2.15M-2.87M
Net Income-2.23M3.09M-1.82M-1.93M-2.88M-4.08M
Balance Sheet
Total Assets585.15K2.03M516.32K851.86K892.10K2.22M
Cash, Cash Equivalents and Short-Term Investments87.39K1.55M48.35K120.96K134.48K474.99K
Total Debt1.56M1.63M1.50M1.39M1.28M1.18M
Total Liabilities15.20M9.26M14.15M13.07M11.34M9.81M
Stockholders Equity-14.61M-7.23M-13.64M-12.22M-10.45M-7.60M
Cash Flow
Free Cash Flow-203.75K-1.32M-264.62K-6,261-122.75K-1.86M
Operating Cash Flow-203.75K-1.32M-264.62K-6,261-122.75K-1.82M
Investing Cash Flow15.00K066.49K06,000-36.18K
Financing Cash Flow02.82M200.00K001.80M

Granada Gold Mine Inc Technical Analysis

Technical Analysis SentimentNegative
Last Price0.03

Price Trends

50DMA0.04Negative
100DMA0.04Negative
200DMA0.05Negative

Market Momentum

MACD-0.00Positive
RSI21.96Positive
STOCH-16.67Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GGM, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.04, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 21.96 is Positive, 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:GGM.

Granada Gold Mine Inc Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TSE:GGM against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TSE:CCMCTSE:CCMC44NeutralCAD 18.36M-4.97-299.64%――-253.02%
TSE:GGMTSE:GGM42NeutralCAD 5.68M-2.3112.64%―――
TSE:KORETSE:KORE39UnderperformCAD 9.04M-2.47-209.53%――-8.29%
TSE:PGCTSE:PGC38UnderperformCAD 6.92M2.14212.28%―――

* General Sector Average

Performance Comparison

0%100%200%300%TSE:GGMTSE:KORETSE:PGCTSE:CCMCTSE:FENXDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
TSE:GGM and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:GGMGranada Gold Mine Inc0.03-0.02-44.44%
TSE:KOREKore Mining Ltd0.11-0.06-33.33%
TSE:PGCPlato Gold0.03-0.01-14.29%
TSE:CCMCXander Resources0.430.26147.13%
TSE:FENXFenixoro Gold Corp.0.070.000.00%

Granada Gold Mine Inc Corporate Events

Business Operations and StrategyExecutive/Board Changes

Granada Gold Mine Ties Executive Stock Options to Market Cap Milestones

Positive
Oct 22, 2026

Granada Gold Mine Inc. has granted stock options to a company officer to purchase 4,545,319 common shares at an exercise price of $0.05 per share, exercisable over four years and subject to a four-month-and-one-day hold period. The options form part...

Business Operations and Strategy

Granada Gold Mine to Highlight Growing Quebec Gold Resource at Virtual Investor Conference

Positive
Oct 14, 2026

Granada Gold Mine Inc. will showcase its exploration story at the Precious Metals & Critical Minerals Virtual Investor Conference on October 15, 2026, where President J.W. Dumont will present and engage directly with investors in an interactive o...

Business Operations and StrategyExecutive/Board Changes

Granada Gold Mine Names New President to Drive Financing and Staged Development

Positive
Sep 28, 2026

Granada Gold Mine Inc. has appointed Québec-based finance and operations executive J.W. Dumont as President, while Frank J. Basa remains CEO, to drive financing, investor engagement and strategic partnerships for the Granada Gold Project near Ro...

Business Operations and Strategy

Granada Gold Mine Hires Senergy to Boost Investor Outreach

Positive
Sep 2, 2026

Granada Gold Mine Inc. has engaged Vancouver-based Senergy Communications Capital Inc. to provide digital marketing services aimed at boosting investor awareness and shareholder engagement. The agreement, valued at $50,000 for a one-month term and su...

Business Operations and Strategy

Granada Gold Mine Hires Senergy to Boost Investor Outreach

Positive
Sep 2, 2026

Granada Gold Mine Inc., a Canadian gold exploration company advancing its wholly owned Granada Gold Property near Rouyn-Noranda, Quebec, is focused on expanding mineral resources along the Cadillac Break. The project encompasses historic underground...

Business Operations and StrategyRegulatory Filings and Compliance

Granada Gold Mine Files NI 43-101 Technical Report for Updated Granada Resource in Quebec

Positive
Aug 7, 2026

Granada Gold Mine Inc. has filed a National Instrument 43-101 compliant technical report on SEDAR for its Granada Gold Project in Quebec, formalizing the updated 2026 mineral resource estimate prepared by independent Qualified Person Claude Duplessis...

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: Nov 01, 2026