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Golden Arrow Resources
(GRG)
Select Model
Select Model
Rating:43Neutral
Price Target:
C$0.10
▼(-11.82% Downside)
Action:Reiterated
Date:09/11/26
The score is primarily held down by weak financial performance (pre-revenue status, ongoing losses, and sustained negative operating/free cash flow), despite low leverage. Technicals are mixed with weak short-term momentum but a still-higher level versus longer-term averages. Valuation metrics provide limited support due to a negative P/E and no dividend yield data.
Positive Factors
Minimal Leverage
A debt-free balance sheet reduces interest obligations, refinancing exposure, and solvency pressure while the company advances its exploration portfolio. This provides greater financial flexibility than a highly leveraged structure, although it does not eliminate the need to fund ongoing activities.
Negative Factors
Pre-Revenue Business
With no reported revenue across the periods, the company has not yet demonstrated a recurring commercial cash engine. Its ability to create durable shareholder value therefore depends on advancing exploration assets toward economic development, while funding must continue before operating income can emerge.
Read all positive and negative factors
Positive Factors
Negative Factors
Minimal Leverage
A debt-free balance sheet reduces interest obligations, refinancing exposure, and solvency pressure while the company advances its exploration portfolio. This provides greater financial flexibility than a highly leveraged structure, although it does not eliminate the need to fund ongoing activities.
Read all positive factors
Golden Arrow Resources (GRG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$16.97M
Dividend YieldN/A
Average Volume (3M)178.89K
Price to Earnings (P/E)―
Beta (1Y)1.13
Revenue GrowthN/A
EPS Growth88.35%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.02
Shares Outstanding169,666,600
10 Day Avg. Volume63,918
30 Day Avg. Volume178,889
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 | TTM | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -155.82K | -93.54K | -38.18K | -122.54K | -121.55K | -126.69K |
| EBITDA | -4.92M | -1.39M | -8.57M | -7.81M | -5.89M | -6.67M |
| Net Income | -3.51M | -1.16M | -8.37M | -5.82M | -6.05M | -6.05M |
Balance Sheet | ||||||
| Total Assets | 6.85M | 8.04M | 6.72M | 6.51M | 11.44M | 17.24M |
| Cash, Cash Equivalents and Short-Term Investments | 1.60M | 2.93M | 868.62K | 115.80K | 6.23M | 16.03M |
| Total Debt | 0.00 | 0.00 | 0.00 | 190.77K | 427.46K | 346.88K |
| Total Liabilities | 786.34K | 929.91K | 1.25M | 935.64K | 1.01M | 734.13K |
| Stockholders Equity | 4.38M | 5.47M | 5.47M | 5.57M | 10.43M | 16.50M |
Cash Flow | ||||||
| Free Cash Flow | -4.98M | -5.19M | -3.75M | -7.60M | -9.76M | -5.54M |
| Operating Cash Flow | -4.60M | -4.99M | -3.57M | -7.59M | -5.52M | -5.28M |
| Investing Cash Flow | 4.47M | 3.89M | -18.11K | 6.45M | 5.36M | -89.33K |
| Financing Cash Flow | 183.83K | 450.00K | 4.34M | 649.63K | -143.76K | -332.01K |
Golden Arrow Resources Technical Analysis
Neutral
0.11
Price Trends
0.10
Negative
0.09
Positive
0.08
Positive
Market Momentum
<0.01
Positive
43.55
Neutral
11.11
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 above 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 43.55 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 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% | |
52 Neutral | C$10.77M | -30.77 | -5.90% | ― | ― | -22.73% | |
51 Neutral | C$34.24M | -21.63 | -783.73% | ― | ― | -111.50% | |
46 Neutral | C$4.43M | -3.35 | -45.32% | ― | ― | 22.13% | |
44 Neutral | C$6.91M | -1.46 | -63.82% | ― | ― | 30.00% | |
43 Neutral | C$16.97M | -4.67 | -66.51% | ― | ― | 88.35% | |
33 Underperform | C$6.00M | -8.55 | -6.29% | ― | ― | -234.00% |
* Basic Materials Sector Average
TSE:GRG
Golden Arrow Resources
0.10
0.02
20.48%
TSE:BTT
Bitterroot Resources
0.08
<0.01
6.67%
TSE:BVA
Bravada Gold
1.30
0.94
261.11%
TSE:CBI
Colibri Resource
0.13
-0.07
-35.00%
TSE:PRIZ
Prismo Metals Inc.
0.06
-0.09
-60.71%
TSE:SUR
Surface Metals
0.13
-0.13
-50.00%
Golden Arrow Resources Corporate Events
Business Operations and StrategyM&A TransactionsShareholder Meetings
Golden Arrow Closes US$25 Million Sale of San Pietro Copper Assets to Capstone
Positive
Aug 31, 2026
Golden Arrow Resources has completed the sale of its copper assets at the San Pietro Project in Chile to Capstone Copper Corp., following shareholder approval earlier in August. Through a joint venture entity, the company and its partner received ...
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.