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Goliath Resources Moves to Full Ownership of Golddigger Property, Trims Royalty Burden

Story Highlights
  • Goliath will fast-track its stake in the Golddigger property from 49% to 100% while reducing the NSR to 2%.
  • Amended terms delay the maiden resource estimate and lower future cash obligations, enhancing project flexibility and economics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Goliath Resources Moves to Full Ownership of Golddigger Property, Trims Royalty Burden

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The latest announcement is out from Goliath Resources ( (TSE:GOT) ).

Goliath Resources has amended its option agreement with The J2 Syndicate to accelerate its ownership of the Golddigger property in British Columbia’s Golden Triangle from 49% to 100%, while cutting the net smelter royalty on the asset from 3% to 2% in exchange for issuing 3 million common shares, subject to TSX Venture Exchange approval. The revised terms also push back the deadline for publishing a maiden resource estimate to 2030, significantly reduce potential cash obligations tied to future resource size, and set out change-of-control provisions, together strengthening Goliath’s long-term economic interest in the high-grade Surebet gold discovery and providing greater flexibility in project advancement and potential corporate transactions.

The most recent analyst rating on (TSE:GOT) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Goliath Resources stock, see the TSE:GOT Stock Forecast page.

Spark’s Take on TSE:GOT Stock

According to Spark, TipRanks’ AI Analyst, TSE:GOT is a Neutral.

The score is held back primarily by very weak financial performance (no revenue, widening losses, and heavy negative free cash flow). Offsetting this, recent corporate updates and funding activity are supportive, while technical signals are largely neutral and valuation provides limited support due to negative earnings and no dividend.

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

More about Goliath Resources

Goliath Resources Limited is a precious metals exploration company focused on projects in the highly prospective Golden Triangle region of Northwestern British Columbia, Canada. Its assets are located in geopolitically stable, mining-friendly jurisdictions, and the company is an active supporter of CASERM, a collaboration between the Colorado School of Mines and Virginia Tech. Goliath recently completed its largest drill program to date, totaling 64,364 meters in 2025, is fully funded for a similar-scale campaign in 2026, and has 110 drill holes with pending gold-equivalent assay results. The company’s shareholder base includes notable strategic investors such as Crescat Capital, a Global Commodity Group (Singapore), McEwen Inc., Waratah Capital Advisors, Rob McEwen, Eric Sprott and Larry Childress.

Average Trading Volume: 368,201

Technical Sentiment Signal: Buy

Current Market Cap: C$455.1M

Learn more about GOT stock on TipRanks’ Stock Analysis page.

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