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Goliath Resources Shareholders Approve All Meeting Matters as Board Opts Against Share Consolidation

Story Highlights
  • Goliath shareholders approved all meeting business, including board, auditor and equity plan.
  • Despite authorization, Goliath’s board chose not to proceed with the planned share consolidation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Goliath Resources Shareholders Approve All Meeting Matters as Board Opts Against Share Consolidation

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Goliath Resources ( (TSE:GOT) ) has issued an announcement.

Goliath Resources Limited reported that all items at its January 14, 2026 annual and special shareholders’ meeting were approved, including the re-election of its board of directors, re-appointment of its auditor, re-approval and amendment of its omnibus equity incentive plan, and shareholder authorization for a share consolidation of up to seven old shares for one new share. Despite receiving shareholder approval, the board of directors chose not to proceed with the share consolidation, a decision that maintains the current share structure while the company advances its fully funded exploration programs and potentially positions itself to capitalize on forthcoming assay results and ongoing drilling in the Golden Triangle.

The most recent analyst rating on (TSE:GOT) stock is a Hold with a C$2.50 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, operating in geologically high-quality and mining-friendly jurisdictions. The company recently completed its largest fully funded drill campaign totaling 64,364 metres in 2025, has numerous assay results pending, is fully funded for a similarly scaled 2026 drill program, and counts several prominent institutional and industry investors among its cornerstone shareholders.

Average Trading Volume: 378,572

Technical Sentiment Signal: Buy

Current Market Cap: C$442.9M

See more data about GOT stock on TipRanks’ Stock Analysis page.

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