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Greenheart Gold Inc.
(GHRT)
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Rating:46Neutral
Price Target:
C$0.76
▼(-28.10% Downside)
Action:Reiterated
Date:08/30/26
The score is held down primarily by weak financial performance (pre-revenue, widening losses, and sustained cash burn), partially offset by a debt-free balance sheet with a strengthened equity base. Technical indicators are mildly positive in the near term, but valuation is constrained by negative earnings and no indicated dividend support.
Positive Factors
Debt-free balance sheet
A debt-free balance sheet limits mandatory interest and principal payments, reducing financial pressure while the company remains unprofitable. This structure preserves flexibility to allocate capital toward its resource-development activities and makes the business less exposed to refinancing or leverage-related stress.
Negative Factors
No revenue generation
The absence of revenue means the company has not yet demonstrated commercial monetization or an operating model capable of funding itself. Negative gross profit across reported periods further shows that current spending is not being offset by sales, leaving profitability dependent on future development progress.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free balance sheet limits mandatory interest and principal payments, reducing financial pressure while the company remains unprofitable. This structure preserves flexibility to allocate capital toward its resource-development activities and makes the business less exposed to refinancing or leverage-related stress.
Read all positive factors
Greenheart Gold Inc. (GHRT) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$171.90M
Dividend YieldN/A
Average Volume (3M)117.81K
Price to Earnings (P/E)―
Beta (1Y)1.72
Revenue GrowthN/A
EPS Growth-42.18%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)-0.13
Shares Outstanding214,451,370
10 Day Avg. Volume95,518
30 Day Avg. Volume117,808
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)4.42
Price to Sales (P/S)0.00
P/FCF Ratio-10.03
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
Greenheart Gold Inc. Business Overview & Revenue Model
Company Description
Greenheart Gold Inc. is an exploration company dedicated to identifying gold opportunities across the Guiana Shield in South America. Its principal undertaking involves the exploration of the Majorodam Project, located within Suriname. The firm wa...
How the Company Makes Money
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Greenheart Gold Inc. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 |
|---|---|---|---|
Income Statement | |||
| Total Revenue | 0.00 | 0.00 | 0.00 |
| Gross Profit | -158.92K | -141.08K | -64.31K |
| EBITDA | -21.39M | -16.95M | -4.24M |
| Net Income | -20.44M | -18.18M | -4.30M |
Balance Sheet | |||
| Total Assets | 83.70M | 32.72M | 48.07M |
| Cash, Cash Equivalents and Short-Term Investments | 80.36M | 30.00M | 46.43M |
| Total Debt | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.23M | 2.12M | 926.69K |
| Stockholders Equity | 81.47M | 30.60M | 47.14M |
Cash Flow | |||
| Free Cash Flow | -18.05M | -13.48M | -2.62M |
| Operating Cash Flow | -17.13M | -13.17M | -2.50M |
| Investing Cash Flow | -1.20M | -2.60M | -190.15K |
| Financing Cash Flow | 59.02M | 212.25K | 49.12M |
Greenheart Gold Inc. Technical Analysis
Negative
1.05
Price Trends
0.82
Positive
0.99
Negative
0.93
Negative
Market Momentum
0.02
Positive
47.88
Neutral
3.10
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GHRT, the sentiment is Negative. The current price of 1.05 is above the 20-day moving average (MA) of 0.84, above the 50-day MA of 0.82, and above the 200-day MA of 0.93, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 47.88 is Neutral, neither overbought nor oversold. The STOCH value of 3.10 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GHRT.
Greenheart Gold Inc. 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% | |
54 Neutral | C$195.66M | -39.66 | -3.94% | ― | ― | -79.59% | |
54 Neutral | C$136.51M | -22.99 | -13.11% | ― | ― | -198.41% | |
52 Neutral | C$147.63M | -43.23 | -5.89% | ― | ― | -55.56% | |
46 Neutral | C$171.90M | -6.14 | -46.33% | ― | ― | -42.18% | |
45 Neutral | C$102.32M | -5.86 | -130.85% | ― | ― | 35.95% | |
40 Underperform | C$103.61M | -4.02 | 1459.01% | ― | 702525.37% | -10.56% |
* General Sector Average
TSE:GHRT
Greenheart Gold Inc.
0.77
-0.36
-31.86%
TSE:ABI
Abcourt Mines
0.08
0.00
0.00%
TSE:CCM
Canagold Resources
0.67
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45.65%
TSE:AGC
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0.47
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6.82%
TSE:SPA
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TSE:FMAN
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0.43
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115.00%
Greenheart Gold Inc. Corporate Events
Business Operations and Strategy
Greenheart Gold Starts Diamond Drilling at Tosso Creek After Strong Trench Results
Positive
Aug 20, 2026
Greenheart Gold has launched a 2,000‑metre diamond drilling program at its Tosso Creek Project in Suriname, starting at the Walaba target and moving to the Swalanga target to test structural controls and continuity of gold mineralization at ...
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.