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Golden Arrow Resources
(GRG)
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Rating:47Neutral
Price Target:
C$0.12
▲(11.82% Upside)
Action:Reiterated
Date:08/11/26
The score is primarily held down by weak financial performance—no revenue, ongoing losses, and sustained negative free cash flow with worsening cash burn—despite the benefit of zero debt. Technicals are a relative positive with price above key moving averages and mildly supportive momentum, but valuation remains constrained by negative earnings and no dividend information.
Positive Factors
Debt-Free Balance Sheet
The absence of debt reduces interest obligations and refinancing risk, giving the company greater financial flexibility while it funds exploration. This provides a comparatively stronger balance-sheet position than a highly leveraged junior explorer, despite broader capital constraints.
Negative Factors
No Revenue Generation
The absence of revenue means the business has no demonstrated operating cash engine and remains dependent on financing, asset transactions, or exploration success. This limits earnings visibility and makes sustained funding a central requirement for advancing projects.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
The absence of debt reduces interest obligations and refinancing risk, giving the company greater financial flexibility while it funds exploration. This provides a comparatively stronger balance-sheet position than a highly leveraged junior explorer, despite broader capital constraints.
Read all positive factors
Golden Arrow Resources (GRG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$17.81M
Dividend YieldN/A
Average Volume (3M)179.90K
Price to Earnings (P/E)0.2
Beta (1Y)1.14
Revenue GrowthN/A
EPS Growth88.35%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)0.47
Shares Outstanding169,666,600
10 Day Avg. Volume112,508
30 Day Avg. Volume179,904
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)2.14
Price to Sales (P/S)0.00
P/FCF Ratio-2.26
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
Golden Arrow Resources Business Overview & Revenue Model
Company Description
Golden Arrow Resources Corporation, a natural resource company, engages in the identification, acquisition, exploration, and development of mineral resource properties in South America. The company explores for iron, copper, gold, cobalt, and silv...
How the Company Makes Money
Golden Arrow Resources does not have sufficient publicly available information (in the context provided) to describe a specific, current operating revenue model or recurring revenue streams with detail. null...
Golden Arrow Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
48
Neutral
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -93.54K | -38.18K | -122.54K | -121.55K | -126.69K |
| EBITDA | -1.39M | -8.57M | -7.81M | -5.89M | -6.67M |
| Net Income | -1.16M | -8.37M | -5.82M | -6.05M | -6.05M |
Balance Sheet | |||||
| Total Assets | 8.04M | 6.72M | 6.51M | 11.44M | 17.24M |
| Cash, Cash Equivalents and Short-Term Investments | 2.93M | 868.62K | 115.80K | 6.23M | 16.03M |
| Total Debt | 0.00 | 0.00 | 190.77K | 427.46K | 346.88K |
| Total Liabilities | 929.91K | 1.25M | 935.64K | 1.01M | 734.13K |
| Stockholders Equity | 5.47M | 5.47M | 5.57M | 10.43M | 16.50M |
Cash Flow | |||||
| Free Cash Flow | -5.19M | -3.75M | -7.60M | -9.76M | -5.54M |
| Operating Cash Flow | -4.99M | -3.57M | -7.59M | -5.52M | -5.28M |
| Investing Cash Flow | 3.89M | -18.11K | 6.45M | 5.36M | -89.33K |
| Financing Cash Flow | 450.00K | 4.34M | 649.63K | -143.76K | -332.01K |
Golden Arrow Resources Technical Analysis
Neutral
0.11
Price Trends
0.10
Positive
0.09
Positive
0.08
Positive
Market Momentum
<0.01
Positive
47.37
Neutral
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GRG, the sentiment is Neutral. The current price of 0.11 is below the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.10, and above the 200-day MA of 0.08, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.37 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 Neutral sentiment for TSE:GRG.
Golden Arrow Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | C$37.17M | -21.13 | -783.73% | ― | ― | -111.50% | |
47 Neutral | C$17.81M | 0.23 | -17.65% | ― | ― | 88.35% | |
46 Neutral | C$8.24M | -25.00 | -5.90% | ― | ― | -22.73% | |
46 Neutral | C$4.24M | -2.96 | -45.32% | ― | ― | 22.13% | |
44 Neutral | C$6.34M | -1.46 | -63.82% | ― | ― | 30.00% | |
33 Underperform | C$7.20M | -8.55 | -6.29% | ― | ― | -234.00% |
* Basic Materials Sector Average
TSE:GRG
Golden Arrow Resources
0.11
0.02
16.67%
TSE:BTT
Bitterroot Resources
0.07
>-0.01
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TSE:BVA
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1.27
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TSE:PRIZ
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TSE:SUR
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0.15
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-30.23%
Golden Arrow Resources Corporate Events
Business Operations and StrategyM&A TransactionsShareholder Meetings
Golden Arrow Shareholders Back Sale of San Pietro Copper Assets to Capstone
Positive
Aug 24, 2026
Golden Arrow Resources shareholders have overwhelmingly approved the sale of the company’s copper assets at the San Pietro Copper-Gold-Iron Cobalt project to Capstone Copper Corp. and a Capstone subsidiary. The special resolution passed with...
Business Operations and StrategyProduct-Related Announcements
GMG Taps Blackwoods to Drive National Rollout of Graphene Products in Australia
Positive
Jul 27, 2026
Graphene Manufacturing Group has signed a distribution agreement with Blackwoods, Australia’s leading industrial and safety solutions supplier, to sell its G® LUBRICANT and THERMAL-XR® liquid graphene products nationwide. Blackwood...
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.