Getchell Gold Corp (GTCH) AI Stock Analysis

• Market Cap: C$27.74M
• Dividend Yield: N/A
• Average Volume (3M): 152.22K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.50
• Revenue Growth: N/A
• EPS Growth: 51.93%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): -0.02
• Shares Outstanding: 135,336,700
• 10 Day Avg. Volume: 70,623
• 30 Day Avg. Volume: 152,216
• PEG Ratio: -0.15
• Price to Book (P/B): -10.68
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -16.92
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 35 Underperform
• Price Target: ―

The overall stock score for Getchell Gold Corp is low due to significant financial challenges, including lack of revenue and high liabilities. While technical indicators provide mixed signals, the valuation metrics are negative. However, positive corporate events, such as advancements in the Fondaway Canyon project and increased insider confidence, offer some optimism for future growth, though they are not enough to outweigh current financial instability.

Getchell Gold Corp Business Overview & Revenue Model

Company Description

Getchell Gold Corp., a junior resource exploration company, engages in the identification, acquisition, exploration, and development of precious and base metal mineral resource properties in the United States. The company primarily explores for gold, silver, and copper deposits. It holds interests in the Fondaway Canyon property comprising 171 claims; and the Dixie Comstock property that consists of 28 claims located in the Churchill County, Nevada. The company also holds interests in the Star property comprises 199 unpatented mining claims situated in Pershing County, Nevada; and the Hot Springs Peak property that consists of 167 unpatented lode mining claims located in the northern Hot Springs range in Humboldt County, Nevada. Getchell Gold Corp. is headquartered in Vancouver, Canada.

How the Company Makes Money

Getchell Gold Corp generates revenue primarily through the exploration and potential development of its gold properties. The company invests in identifying and acquiring promising mining sites, which are then explored to assess their viability and potential gold yield. Revenue is primarily realized when these properties are sold, leased, or developed into operational mines, either independently or through partnerships with other mining companies. The company may also establish joint ventures or strategic alliances to share risks and resources, enhancing the prospects for successful project development. Additionally, Getchell Gold Corp may receive funding or earn revenue from equity financing or other investment activities aimed at supporting its exploration and development efforts.

Getchell Gold Corp Financial Statement Overview

Summary

Getchell Gold Corp faces significant financial challenges with no revenue and negative profitability metrics, indicating operational and market difficulties. The highly leveraged balance sheet combined with negative equity signals financial distress. Cash flow issues, coupled with reliance on external financing, suggest liquidity constraints. Overall, the company is in a precarious financial position, necessitating immediate strategic and operational improvements to ensure viability.

Income Statement

The company has no revenue generation and consistently reports negative net income, indicating a lack of profitability. The negative EBIT and EBITDA margins reflect operational inefficiencies. The persistent absence of revenue growth signals challenges in business development and market penetration.

Balance Sheet

The company exhibits a highly leveraged balance sheet with substantial negative stockholders' equity and increasing total debt. The negative equity ratio underscores financial instability, and the lack of equity financing potential raises significant concerns about long-term solvency.

Cash Flow

Negative operating and free cash flows highlight cash flow challenges, while financing cash flows are positive, indicating reliance on external financing. The absence of free cash flow growth and inability to cover net income with operating cash flow further exacerbate liquidity concerns.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-21.39K	-13.68K	-12.12K	-13.38K	-390.00	-112.00
	EBIT
-1.69M	-5.96M	-7.24M	-5.39M	-3.93M	-2.49M
	EBITDA
-2.65M	-5.96M	-7.05M	-5.38M	-3.93M	-2.59M
	Net Income Common Stockholders
-3.27M	-6.01M	-7.01M	-5.40M	-3.96M	-2.69M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
793.35K	1.79M	316.08K	3.70M	1.77M	810.19K
	Total Assets
1.02M	2.04M	586.43K	4.13M	2.20M	1.06M
	Total Debt
3.79M	3.31M	0.00	0.00	0.00	0.00
	Net Debt
3.00M	1.52M	-316.08K	-3.70M	-1.77M	-810.19K
	Total Liabilities
3.94M	3.47M	132.12K	68.71K	137.58K	254.55K
	Stockholders Equity
-2.92M	-1.43M	454.30K	4.06M	2.06M	808.78K
Cash Flow		Free Cash Flow
-1.88M	-4.05M	-5.38M	-3.79M	-3.23M	-2.24M
	Operating Cash Flow
-1.86M	-4.04M	-5.31M	-3.73M	-3.23M	-2.24M
	Investing Cash Flow
-17.27K	7.24K	-72.43K	-72.43K	-261.00	0.00
	Financing Cash Flow
1.86M	5.50M	1.93M	5.74M	4.18M	2.52M

Getchell Gold Corp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GTCH, the sentiment is Negative. The current price of 0.2 is below the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.22, and above the 200-day MA of 0.18, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.87 is Neutral, neither overbought nor oversold. The STOCH value of 50.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GTCH.

Getchell Gold Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GG	57 Neutral	C$28.02M	―	-3.69%	―	50.35%	46.08%
RYR	50 Neutral	C$27.90M	―	-39.51%	―	―	70.10%
Sector *	50 Neutral	$2.00B	-1.02	-21.34%	3.70%	2.00%	-30.65%
BRW	45 Neutral	C$29.44M	―	-34.86%	―	―	-51.46%
LVG	42 Neutral	C$29.08M	―	-57.38%	―	―	―
GTCH	35 Underperform	C$27.74M	―	274.83%	―	―	51.93%
RDGMF		$17.62M	―	-9.18%	―	―	―

Getchell Gold Corp Corporate Events

Getchell Gold Corp Advances Fondaway Canyon Project Amid Strong Gold Market

Getchell Gold Corp has announced significant advancements in their Fondaway Canyon gold project, with a recent Preliminary Economic Assessment (PEA) indicating robust project economics. The PEA outlines an open-pit mining operation with a projected mine life of 10.5 years and highlights a pre-tax NPV of US$ 546 million and an IRR of 51.2%. The company has expanded its claim holdings by 50%, securing control over the gold corridor, and has published an updated Mineral Resource Estimate that more than doubles the historical resource, reinforcing the project’s potential for substantial returns.

Spark’s Take on TSE:GTCH Stock

According to Spark, TipRanks’ AI Analyst, TSE:GTCH is a Underperform.

Getchell Gold Corp’s overall stock score reflects significant financial challenges and a lack of revenue generation, leading to a low financial performance score. Technical indicators provide no clear momentum direction, and negative valuation metrics further weigh down the score. However, positive corporate events, such as increased insider holdings and promising project assessments, offer some optimism for future growth. Despite these potential positives, the current financial instability remains a dominant concern.

To see Spark’s full report on TSE:GTCH stock, click here.

Getchell Gold Chairman Increases Stake, Signaling Confidence in Growth

Getchell Gold Corp. announced that its Chairman, Bob Bass, has increased his holdings in the company by exercising 500,000 warrants, reflecting his confidence in the company’s growth potential and the Fondaway Canyon gold project. This move brings Mr. Bass’s total ownership to 9.15% of the company’s undiluted shares, and 16.38% on a partially diluted basis, signaling strong internal support and potential positive implications for the company’s future operations and stakeholder confidence.

Spark’s Take on TSE:GTCH Stock

According to Spark, TipRanks’ AI Analyst, TSE:GTCH is a Underperform.

Getchell Gold Corp’s overall stock score is driven primarily by its challenging financial performance, marked by lack of revenue and profitability, and a highly leveraged balance sheet. Technical indicators suggest mixed signals with no clear momentum. Valuation metrics reflect negative earnings with no dividend yield. However, corporate events are a positive, indicating potential future growth through the Fondaway Canyon project, which partially offsets financial concerns.

To see Spark’s full report on TSE:GTCH stock, click here.

Getchell Gold Corp. Extends Warrant Expiry and Settles Debt with Shares

Getchell Gold Corp. has announced an extension of the expiry dates for its share purchase warrants, initially issued in 2021 and 2022, by an additional 12 months, aiming to provide more flexibility for warrant holders. Additionally, the company plans to settle a debt of approximately $4,373 owed to a director by issuing common shares, marking a related party transaction under applicable Canadian regulations.

Getchell Gold Chairman Bob Bass Increases Stake with Warrant Exercise

Getchell Gold Corp announced that Chairman Bob Bass has exercised one million warrants, highlighting his strong confidence in the Fondaway Canyon gold project. This exercise, along with additional acquisitions, increases his holdings to 11,786,589 shares, representing 8.71% of the company’s outstanding shares undiluted and 15.98% on a partially diluted basis. This move reflects a significant personal investment in the company’s growth potential and strategic direction.

Getchell Gold Corp. Announces Promising Economic Prospects for Fondaway Canyon Project

Getchell Gold Corp. has filed a Preliminary Economic Assessment (PEA) for its Fondaway Canyon Gold Project in Nevada, outlining plans for an open pit mining operation with a 10.5-year mine life. The PEA highlights strong economic prospects with a pre-tax net present value of $546 million and an internal rate of return of 51.2%. The project is expected to produce 1.23 million ounces of gold over its lifespan, with significant potential for resource expansion, as the scope is limited to a portion of the project area. This development positions Getchell favorably in the gold mining sector, offering robust economic returns and growth potential.