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Guanajuato Silver Company Ltd. (TSE:GSVR)
:GSVR
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Guanajuato Silver Company (GSVR) AI Stock Analysis

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TSE:GSVR

Guanajuato Silver Company

(GSVR)

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Neutral 46 (OpenAI - 4o)
Rating:46Neutral
Price Target:
C$0.50
▲(28.21% Upside)
Guanajuato Silver Company faces significant financial challenges, with high leverage and negative cash flow being the most impactful factors. The technical analysis provides a mixed outlook, with some short-term weakness and medium-term strength. Valuation is unattractive due to negative earnings and lack of dividends. Overall, the stock score reflects the company's financial instability and cautious technical indicators.

Guanajuato Silver Company (GSVR) vs. iShares MSCI Canada ETF (EWC)

Guanajuato Silver Company Business Overview & Revenue Model

Company DescriptionGuanajuato Silver Company Ltd. engages in the acquisition, exploration, development, and evaluation of mineral assets in Canada and Mexico. The company primarily focuses on silver and gold properties. Its flagship project is the 100% owned the El Pinguico project located in Guanajuato, Mexico. The company was formerly known as Vangold Mining Corp. and changed its name to Guanajuato Silver Company Ltd. in June 2021. Guanajuato Silver Company Ltd. was incorporated in 1978 and is headquartered in Vancouver, Canada.
How the Company Makes MoneyGuanajuato Silver Company generates revenue primarily through the extraction and sale of silver and gold. The company's revenue model is built around mining operations, where it extracts precious metals from its properties and sells them in the global market. Key revenue streams include the sale of refined silver and gold, as well as potential by-products from mining operations. Additionally, GSVR may enter into partnerships with other mining companies or stakeholders, which can provide capital infusions or shared resources that contribute to its earnings. The company's focus on reviving historical mining sites allows it to capitalize on existing infrastructure, reducing operational costs and enhancing profitability.

Guanajuato Silver Company Financial Statement Overview

Summary
Guanajuato Silver Company is facing significant financial challenges across all verticals. The income statement shows declining revenues and persistent losses, while the balance sheet highlights high leverage and financial instability. The cash flow statement underscores cash generation issues, with negative free cash flow and low operating cash flow ratios. The company needs to address these financial weaknesses to improve its overall financial health.
Income Statement
45
Neutral
Guanajuato Silver Company has shown a declining revenue trend with a negative revenue growth rate of -2.64% in the TTM period. The gross profit margin improved to 14.79% from previous years, but the company still faces challenges with a negative net profit margin of -17.15%. The EBIT and EBITDA margins are also low, indicating operational inefficiencies. Overall, the income statement reflects a struggling profitability scenario.
Balance Sheet
40
Negative
The balance sheet shows a high debt-to-equity ratio of 2.28, indicating significant leverage and potential financial risk. The return on equity is negative, reflecting losses and poor returns for shareholders. The equity ratio is low, suggesting limited equity financing. Overall, the balance sheet indicates financial instability and high leverage.
Cash Flow
35
Negative
The cash flow statement reveals a concerning free cash flow growth rate of -85.00% in the TTM period. The operating cash flow to net income ratio is low at 0.10, and the free cash flow to net income ratio is negative, indicating cash flow challenges and insufficient cash generation relative to net income. Overall, the cash flow position is weak, with significant negative free cash flow.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue77.14M108.78M87.67M36.88M4.12M0.00
Gross Profit11.40M3.55M-15.63M-6.88M-2.23M-15.92K
EBITDA2.76M1.63M-14.23M-13.71M-9.07M-2.18M
Net Income-13.23M-17.41M-42.32M-28.02M-13.40M-2.24M
Balance Sheet
Total Assets72.17M102.37M99.64M85.65M51.32M10.24M
Cash, Cash Equivalents and Short-Term Investments1.72M4.22M2.59M8.83M8.23M5.32M
Total Debt18.49M22.38M23.07M20.43M8.76M27.70K
Total Liabilities64.05M83.89M85.34M53.14M20.52M274.86K
Stockholders Equity8.12M18.47M14.30M32.51M30.80M9.97M
Cash Flow
Free Cash Flow-931.21K-8.85M-15.06M-18.67M-15.34M-2.47M
Operating Cash Flow3.11M-3.43M-8.15M-15.06M-8.93M-2.07M
Investing Cash Flow-4.30M-7.56M-7.57M-11.85M-13.96M-1.03M
Financing Cash Flow993.55K18.60M6.52M27.13M27.12M7.88M

Guanajuato Silver Company Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.39
Price Trends
50DMA
0.42
Negative
100DMA
0.36
Positive
200DMA
0.27
Positive
Market Momentum
MACD
-0.02
Negative
RSI
49.94
Neutral
STOCH
86.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GSVR, the sentiment is Positive. The current price of 0.39 is above the 20-day moving average (MA) of 0.37, below the 50-day MA of 0.42, and above the 200-day MA of 0.27, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 49.94 is Neutral, neither overbought nor oversold. The STOCH value of 86.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GSVR.

Guanajuato Silver Company Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
46
Neutral
C$171.18M-7.70-147.07%12.65%56.99%
45
Neutral
C$120.85M-9.35%26.30%
41
Neutral
C$85.78M-9.87%69.44%57.22%
35
Underperform
$90.10M-31.31-6.53%7.48%
34
Underperform
C$199.32M-22.27-130.74%-135.80%
34
Underperform
C$184.81M-41.93%44.61%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:GSVR
Guanajuato Silver Company
0.38
0.16
72.73%
TSE:SVRS
Golden Tag Resources
0.24
0.10
71.43%
TSE:APGO
Apollo Gold
4.06
2.96
269.09%
TSE:KTN
Kootenay Silver
1.43
0.36
33.64%
TSE:SVE
Silver One Resources
0.36
0.10
42.00%
TSE:IPT
IMPACT Silver
0.26
0.04
15.56%

Guanajuato Silver Company Corporate Events

Private Placements and Financing
Guanajuato Silver Secures Additional Funds Through Over-Allotment Option
Positive
Oct 31, 2025

Guanajuato Silver Company Ltd. has successfully closed an over-allotment option for its recent bought deal public offering, resulting in additional gross proceeds of C$522,000. This financial maneuver, facilitated by Canaccord Genuity Corp. and Red Cloud Securities Inc., strengthens the company’s financial position, supporting its growth trajectory as a leading silver producer in Mexico.

The most recent analyst rating on (TSE:GSVR) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.

Business Operations and Strategy
Guanajuato Silver Reports Positive Drill Results at El Cubo Mines
Positive
Oct 16, 2025

Guanajuato Silver Company Ltd. has announced promising results from its 2025 exploration and development drilling program at the El Cubo Mines Complex. The latest drill results include significant silver-equivalent grades from the Packman Vein and a new vein discovery near the San Luis Vein, indicating potential for further high-grade silver and gold production. These findings could enhance the company’s operational capabilities and strengthen its position within the Guanajuato Silver Mining District, benefiting stakeholders through potential increased production and resource expansion.

The most recent analyst rating on (TSE:GSVR) stock is a Buy with a C$0.65 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Guanajuato Silver Raises C$43.5 Million in Public Offering
Positive
Oct 9, 2025

Guanajuato Silver Company Ltd. has successfully closed a bought deal public offering, raising C$43.5 million through the issuance of 87 million units. The proceeds will be used for sustaining and developing the company’s four operating mines in Mexico, as well as for working capital and general corporate purposes. This financial move is expected to bolster the company’s operations and support its growth trajectory in the precious metals industry.

The most recent analyst rating on (TSE:GSVR) stock is a Buy with a C$0.65 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Guanajuato Silver Upsizes Public Offering to C$43.5 Million
Positive
Oct 1, 2025

Guanajuato Silver Company Ltd. has announced an increase in its previously announced ‘bought deal’ public offering from C$30 million to C$43.5 million due to strong investor demand. The proceeds from this upsized offering will be used for sustaining and development capital for the company’s four operating mines in Mexico, as well as for working capital and general corporate purposes. The offering is expected to close on or about October 9, 2025, pending necessary regulatory approvals, and highlights the company’s strategic efforts to strengthen its financial position and support its operational growth.

The most recent analyst rating on (TSE:GSVR) stock is a Buy with a C$0.45 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Guanajuato Silver Launches $30 Million Public Offering to Boost Operations
Positive
Oct 1, 2025

Guanajuato Silver Company Ltd. has announced a $30 million bought deal public offering, entering into an agreement with Canaccord Genuity Corp. and Red Cloud Securities Inc. to purchase 60,000,000 units of the company. The proceeds from this offering will be used for sustaining and development capital for the company’s four operating mines in Mexico, as well as for working capital and general corporate purposes. This move is expected to bolster the company’s operational capabilities and enhance its position within the precious metals industry.

The most recent analyst rating on (TSE:GSVR) stock is a Buy with a C$0.45 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Guanajuato Silver Enhances Mining Fleet for Increased Efficiency
Positive
Sep 24, 2025

Guanajuato Silver Company Ltd. has announced significant upgrades to its mining fleet at the El Cubo and Valenciana Mines Complexes in Guanajuato, Mexico. The company has acquired six new mining vehicles, including low-profile trucks and scooptrams, and has ordered three Torino-style haulage trucks. These upgrades are expected to enhance operational efficiency and production output, solidifying the company’s position in the industry and ensuring long-term operational success.

The most recent analyst rating on (TSE:GSVR) stock is a Buy with a C$0.45 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Guanajuato Silver Bolsters Financial Position with C$18M Financing
Positive
Sep 5, 2025

Guanajuato Silver Company Ltd. has issued 458,500 non-transferrable warrants to Research Capital Corporation following a successful C$18 million financing. This financing has strengthened the company’s financial position, enabling it to accelerate upgrades to its underground fleet, modernize processing facilities, and expand exploration programs, thereby enhancing its operational capabilities and market positioning.

The most recent analyst rating on (TSE:GSVR) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Guanajuato Silver Achieves Fifth Consecutive Quarter of Positive Income
Positive
Aug 27, 2025

Guanajuato Silver Company Ltd. reported a mine operating income of $8.2 million for the first half of 2025, marking its fifth consecutive quarter of positive income. The company has improved its working capital deficiency by 56% and experienced a rise in average realized silver prices. The strategic focus is shifting towards enhancing the quality of production and maximizing operating margins, positioning the company for future growth as a mid-tier precious metals producer.

The most recent analyst rating on (TSE:GSVR) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Guanajuato Silver Secures C$18 Million to Boost Operations
Positive
Aug 21, 2025

Guanajuato Silver Company Ltd. has successfully closed a non-brokered private placement, raising C$18 million. The funds will be used to upgrade mining equipment, enhance processing facilities, and expand exploration activities, positioning the company to improve operational consistency and expand its resource base. This financial strengthening is expected to bolster the company’s standing in the silver mining industry and support its goal of becoming a mid-tier silver producer in Mexico.

The most recent analyst rating on (TSE:GSVR) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.

Private Placements and Financing
Guanajuato Silver Raises $18 Million in Oversubscribed Financing
Positive
Aug 11, 2025

Guanajuato Silver Company Ltd. has successfully closed its non-brokered private placement, raising $18 million through the issuance of 60 million units at $0.30 per unit. This financing, which was oversubscribed, will enhance the company’s financial flexibility and support potential growth opportunities within its portfolio, subject to regulatory approvals.

The most recent analyst rating on (TSE:GSVR) stock is a Buy with a C$0.30 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.

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.Date of analysis: Nov 11, 2025