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Golden Shield Resources Inc.
(GSRI)
Golden Shield Resources Inc. (GSRI) vs. S&P 500 (SPY)
Golden Shield Resources Inc. Business Overview & Revenue Model
Golden Shield Resources Inc. Financial Statement Overview
| Breakdown | |||||
| TTM | Sep 2023 | Sep 2022 | Sep 2021 | Jun 2020 | Jun 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
| -1.04M | -6.46M | -3.44M | -169.90K | -118.09K | -26.40K | EBITDA |
| -1.79M | -5.22M | -3.44M | 0.00 | -112.71K | -26.40K | Net Income Common Stockholders |
| -2.13M | -7.82M | -15.70M | -194.11K | -112.83K | -26.75K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 86.01K | 3.49M | 5.74M | 563.86K | 424.21K | 642.40K | Total Assets |
| 1.73M | 5.94M | 8.45M | 773.07K | 591.72K | 696.15K | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -66.57K | -3.47M | -5.71M | -563.86K | -24.21K | -642.40K | Total Liabilities |
| 697.99K | 183.31K | 234.31K | 282.70K | 32.47K | 24.07K | Stockholders Equity |
| 1.03M | 5.75M | 8.22M | 490.37K | 559.25K | 672.07K |
| Cash Flow | Free Cash Flow | ||||
| -1.31M | -5.95M | -6.87M | -313.10K | -219.19K | -22.60K | Operating Cash Flow |
| -1.31M | -5.95M | -6.17M | -163.12K | -108.91K | -4.66K | Investing Cash Flow |
| 0.00 | -458.77K | -1.20M | -249.97K | -110.29K | -17.94K | Financing Cash Flow |
| 0.00 | 4.17M | 12.52M | 6.00K | 1.00K | 499.00K |
Golden Shield Resources Inc. Technical Analysis
Golden Shield Resources Inc. Peers Comparison
Golden Shield Resources Inc. Corporate Events
Golden Shield Resources Inc. has announced a change to the effective date of its consolidation to April 21, 2025, pending final approval from the CSE. This adjustment in the consolidation timeline may impact the company’s operational schedule and strategic planning, potentially affecting its market positioning and stakeholder interests.
Spark’s Take on TSE:GSRI Stock
According to Spark, TipRanks’ AI Analyst, TSE:GSRI is a Underperform.
Golden Shield Resources Inc. is struggling with significant financial challenges such as no revenue generation and negative cash flows, which weigh heavily on its stock score. Technical indicators suggest a bearish trend, though the stock may be oversold. Valuation is unattractive due to negative earnings and no dividends. Corporate events reflect operational challenges, contributing to a negative outlook.
To see Spark’s full report on TSE:GSRI stock, click here.
Golden Shield Resources Inc. announced a consolidation of its common shares, exchanging one post-consolidated share for every ten pre-consolidated shares. This move, effective April 17, 2025, aims to create a more attractive share structure for capital financing and future growth opportunities, without altering shareholders’ percentage ownership or voting power. The consolidation is pending final approval from the Canadian Securities Exchange.
Spark’s Take on TSE:GSRI Stock
According to Spark, TipRanks’ AI Analyst, TSE:GSRI is a Neutral.
Golden Shield Resources Inc. faces significant financial headwinds, with ongoing operational losses and cash flow issues being major concerns. The company’s lack of revenue and negative P/E ratio undermine its valuation appeal. Despite these challenges, the stock shows some positive short-term technical momentum, but it’s still hampered by longer-term concerns. Strategic financial adjustments are crucial for sustainable growth.
To see Spark’s full report on TSE:GSRI stock, click here.
Golden Shield Resources Inc. has announced significant changes to its board and management team. Zayn Kalyan, an experienced investment banker and business development executive, joins the Board of Directors, while Stephanie Sharma takes on the role of Corporate Secretary. The company also acknowledges the resignations of Alison M. Redford KC from the board and Grant Tanaka as CFO, with Leo Hathaway stepping in as Interim CFO. These changes are expected to bring new expertise and strategic direction to the company as it continues to develop its mineral projects.
Golden Shield Resources Inc. has provided an update on its Marudi Mountain gold project and corporate initiatives. The company has observed increased mining activity within the Mazoa Hill Special Mining Permit area of the Marudi Mountain Property, which will revert to Golden Shield’s control in November 2026. The company is actively seeking to derive value from the project and has received interest from third parties. Due to market conditions, Golden Shield is operating under a restricted budget, leading to a withdrawal from field activities while exploring alternative strategies.
Golden Shield Resources Inc. has provided an update on its Marudi Mountain gold project, noting increased mining activity within the Mazoa Hill Special Mining Permit area. The company is awaiting the renewal of its Prospecting License and has applied for an extension. Due to market conditions, Golden Shield has implemented cost-cutting measures and paused field activities while exploring alternatives for the project.