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Cassiar Gold
(GLDC)
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Rating:49Neutral
Price Target:
C$0.41
▼(-11.30% Downside)
Action:Reiterated
Date:09/19/26
The score is held back primarily by weak financial performance (pre-revenue, widening losses, and ongoing cash burn with a shrinking equity base), which raises funding risk. Technical indicators are relatively supportive with price above key moving averages and positive momentum, but valuation is constrained by negative earnings and no dividend yield data.
Positive Factors
Very low leverage
Near-zero debt reduces mandatory financing costs and balance-sheet pressure while the company advances exploration. This gives Cassiar Gold greater flexibility than a highly leveraged explorer to allocate available capital toward its project and manage periods of weak funding access.
Negative Factors
Pre-revenue business model
Cassiar Gold has no operating revenue to fund exploration, so its near- and medium-term activities depend on external capital or strategic transactions. Until a project reaches production or is monetized, financial performance remains tied to exploration outcomes rather than recurring customer sales.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Near-zero debt reduces mandatory financing costs and balance-sheet pressure while the company advances exploration. This gives Cassiar Gold greater flexibility than a highly leveraged explorer to allocate available capital toward its project and manage periods of weak funding access.
Read all positive factors
Cassiar Gold (GLDC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$70.25M
Dividend YieldN/A
Average Volume (3M)177.79K
Price to Earnings (P/E)―
Beta (1Y)2.45
Revenue GrowthN/A
EPS Growth20.17%
CountryCA
Employees3
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)-0.06
Shares Outstanding161,502,640
10 Day Avg. Volume211,427
30 Day Avg. Volume177,793
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)3.09
Price to Sales (P/S)0.00
P/FCF Ratio-5.23
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
Cassiar Gold Business Overview & Revenue Model
Company Description
Cassiar Gold Corp. (GLDC.V) is a company dedicated to the acquisition, exploration, and advancement of mineral properties. Its assets include a significant 59,000-hectare gold project located in the Cassiar region of northern British Columbia. Add...
How the Company Makes Money
Cassiar Gold does not typically generate recurring operating revenue from the sale of gold because it is an exploration-stage company; therefore, revenue from product sales is generally null. Instead, the company’s economic model centers on increa...
Cassiar Gold Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -175.95K | -188.73K | -241.80K | -202.56K | -81.84K | -61.26K |
| EBITDA | -8.57M | -6.25M | -8.56M | -1.54M | -3.00M | -1.51M |
| Net Income | -7.93M | -6.44M | -7.53M | -1.74M | -2.75M | -1.60M |
Balance Sheet | ||||||
| Total Assets | 13.49M | 16.75M | 16.49M | 46.30M | 38.33M | 22.10M |
| Cash, Cash Equivalents and Short-Term Investments | 1.37M | 4.49M | 4.94M | 4.50M | 8.59M | 3.47M |
| Total Debt | 0.00 | 0.00 | 64.79K | 63.11K | 151.70K | 0.00 |
| Total Liabilities | 4.67M | 6.13M | 4.57M | 5.34M | 4.98M | 3.24M |
| Stockholders Equity | 8.83M | 10.62M | 11.92M | 40.96M | 33.35M | 18.87M |
Cash Flow | ||||||
| Free Cash Flow | -7.27M | -6.26M | -8.16M | -13.77M | -10.63M | -7.70M |
| Operating Cash Flow | -7.20M | -6.26M | -8.16M | -13.77M | -108.61K | -2.01M |
| Investing Cash Flow | -22.96K | -22.96K | -6.00K | -10.30K | -10.63M | -5.82M |
| Financing Cash Flow | 5.98M | 5.85M | 8.60M | 9.68M | 15.85M | 9.35M |
Cassiar Gold Technical Analysis
Negative
0.46
Price Trends
0.44
Negative
0.45
Negative
0.45
Negative
Market Momentum
<0.01
Positive
37.06
Neutral
8.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GLDC, the sentiment is Negative. The current price of 0.46 is below the 20-day moving average (MA) of 0.48, above the 50-day MA of 0.44, and above the 200-day MA of 0.45, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 37.06 is Neutral, neither overbought nor oversold. The STOCH value of 8.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GLDC.
Cassiar Gold 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% | |
49 Neutral | C$70.25M | -7.21 | -83.71% | ― | ― | 20.17% | |
49 Neutral | C$59.72M | -21.14 | -369.23% | ― | ― | -18.27% | |
48 Neutral | C$68.13M | -5.39 | -48.90% | ― | ― | -187.50% | |
47 Neutral | C$38.27M | -6.15 | -68.53% | ― | ― | 22.08% | |
47 Neutral | C$59.62M | -7.81 | -111.36% | ― | ― | -7.24% | |
45 Neutral | C$91.06M | -151.61 | -2.26% | ― | ― | -255.56% |
* General Sector Average
TSE:GLDC
Cassiar Gold
0.41
0.07
18.84%
TSE:EDG
Endurance Gold
0.47
0.19
67.86%
TSE:IGO
Independence Gold
0.15
-0.01
-6.25%
TSE:IVS
Inventus Mining
0.26
-0.02
-8.77%
TSE:RYR
Royal Road Minerals
0.19
-0.04
-15.91%
TSE:KLDC
Warrior Gold Inc
0.34
>-0.01
-1.47%
Cassiar Gold Corporate Events
Business Operations and Strategy
Cassiar Gold Strikes Exploration Pact With Dease River First Nation
Positive
Sep 22, 2026
Cassiar Gold Corp., a Canadian gold exploration company focused on its flagship Cassiar Gold Property in northern British Columbia, is advancing the Taurus deposit at Cassiar North, where an updated mineral resource estimate highlights substantial...
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.