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GR Silver Mining
(GRSL)
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Rating:45Neutral
Price Target:
C$0.37
▼(-7.25% Downside)
Action:Reiterated
Date:09/06/26
The score is held down primarily by weak financial performance (pre-revenue profile, ongoing operating losses, and persistent negative free cash flow). Technicals are neutral with modest longer-term support but no strong short-term momentum, and valuation signals are not supportive given losses (negative P/E) and no dividend yield.
Positive Factors
Zero Debt
Zero debt materially limits leverage and interest burdens, giving GR Silver Mining greater flexibility while it advances exploration. Positive recent equity also provides a capital base, although historical volatility means this strength does not remove funding needs or execution risk.
Negative Factors
Pre-Revenue Profile
The absence of operating revenue means the business has not yet demonstrated a recurring commercial engine or durable revenue base. Until a project reaches development, production or monetization, financial progress depends primarily on exploration success and continued access to funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Zero Debt
Zero debt materially limits leverage and interest burdens, giving GR Silver Mining greater flexibility while it advances exploration. Positive recent equity also provides a capital base, although historical volatility means this strength does not remove funding needs or execution risk.
Read all positive factors
GR Silver Mining (GRSL) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$193.58M
Dividend YieldN/A
Average Volume (3M)794.85K
Price to Earnings (P/E)―
Beta (1Y)3.22
Revenue GrowthN/A
EPS Growth-128.55%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.02
Shares Outstanding509,415,530
10 Day Avg. Volume918,430
30 Day Avg. Volume794,848
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)4.27
Price to Sales (P/S)0.00
P/FCF Ratio-21.11
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
GR Silver Mining Business Overview & Revenue Model
Company Description
GR Silver Mining Ltd. is a Canadian-based company focused on the acquisition, exploration, and advancement of mineral properties, predominantly located in Mexico. Their geological investigations primarily seek out deposits containing gold, silver,...
How the Company Makes Money
GR Silver Mining does not have publicly available information indicating ongoing revenue from mineral production; as an exploration-stage company, it typically does not generate operating revenue until a project reaches development/production or i...
GR Silver Mining Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
52
Neutral
Cash Flow
24
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Dec 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -232.55K | -192.23K | -184.00K | -497.00K | -579.97K | -411.14K |
| EBITDA | -12.86M | -8.19M | 19.47M | -25.10M | -18.21M | -17.79M |
| Net Income | -8.92M | -8.36M | 19.29M | -25.60M | -18.79M | -18.20M |
Balance Sheet | ||||||
| Total Assets | 35.79M | 38.14M | 9.72M | 10.72M | 25.28M | 28.43M |
| Cash, Cash Equivalents and Short-Term Investments | 26.00M | 29.50M | 1.16M | 100.57K | 902.24K | 3.08M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.25M | 2.27M | 1.90M | 26.88M | 20.69M | 17.16M |
| Stockholders Equity | 34.54M | 35.87M | 7.82M | -16.15M | 4.59M | 11.26M |
Cash Flow | ||||||
| Free Cash Flow | -9.83M | -7.26M | -4.49M | -5.31M | -13.84M | -19.01M |
| Operating Cash Flow | -9.55M | -7.16M | -4.49M | -5.31M | -13.56M | -15.92M |
| Investing Cash Flow | -277.51K | -100.12K | 1.61M | 0.00 | -255.69K | -3.08M |
| Financing Cash Flow | 33.70M | 35.60M | 3.94M | 4.51M | 11.64M | 17.19M |
GR Silver Mining Technical Analysis
Positive
0.40
Price Trends
0.35
Positive
0.35
Positive
0.37
Positive
Market Momentum
<0.01
Positive
51.07
Neutral
25.97
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GRSL, the sentiment is Positive. The current price of 0.4 is above the 20-day moving average (MA) of 0.39, above the 50-day MA of 0.35, and above the 200-day MA of 0.37, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.07 is Neutral, neither overbought nor oversold. The STOCH value of 25.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GRSL.
GR Silver Mining Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | C$46.74M | 5.94 | 15.83% | 9.52% | 37.74% | 2231.43% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | C$21.31M | -16.19 | -4.71% | ― | ― | -5.88% | |
48 Neutral | C$269.63M | 65.99 | 7.81% | ― | 108.81% | ― | |
45 Neutral | C$193.58M | -19.29 | -28.52% | ― | ― | -128.55% | |
43 Neutral | C$266.86M | -16.49 | -38.46% | ― | ― | -15.58% |
* Basic Materials Sector Average
TSE:GRSL
GR Silver Mining
0.38
0.17
80.95%
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GR Silver Mining Corporate Events
Business Operations and StrategyRegulatory Filings and ComplianceShareholder Meetings
GR Silver Mining Tightens Board Nomination Rules With Advance Notice Policy
Positive
Aug 18, 2026
GR Silver Mining has implemented an advance notice policy governing how shareholders may nominate candidates for its board of directors, aiming to standardize procedures around director elections and ensure investors receive timely, detailed infor...
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.