Goldstone Resources (GRL) AI Stock Analysis

• Market Cap: £4.27M
• Dividend Yield: N/A
• Average Volume (3M): 2.32M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.62
• Revenue Growth: 93.10%
• EPS Growth: -150.00%
• Country: UK
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 949,189,800
• 10 Day Avg. Volume: 1,089,646
• 30 Day Avg. Volume: 2,315,892
• PEG Ratio: -0.09
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 1.85
• P/FCF Ratio: -3.50
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: 0.39p ▼(-12.44% Downside)

Goldstone Resources faces significant financial and technical challenges, with weak profitability and bearish market trends. However, recent corporate developments and strategic initiatives provide some optimism for future growth. The overall score reflects the balance of these factors, with financial performance and technical analysis being the most significant detractors.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding operations and market demand, which can support long-term business sustainability and expansion.

Stable Equity Ratio

A stable equity ratio suggests a balanced financial structure, providing a foundation for potential future investments and growth.

Strategic Partnerships

Partnerships can lead to cost reductions and operational improvements, strengthening competitive positioning in the gold mining industry.

Negative Factors

Profitability Challenges

Ongoing profitability issues can hinder reinvestment in operations and limit financial flexibility, impacting long-term growth prospects.

Rising Leverage

Increased leverage can pose financial risks, potentially leading to higher interest costs and reduced financial stability over time.

Cash Flow Challenges

Negative free cash flow limits the company's ability to fund new projects and meet financial obligations, affecting long-term viability.

Goldstone Resources Business Overview & Revenue Model

Company Description

Goldstone Resources Limited, through its subsidiaries, engages in the exploration and development of gold and associated elements in West and Central Africa. It holds 100% interest in the Akrokeri-Homase Gold project located in Ghana. The company was incorporated in 1998 and is based in Saint Helier, Jersey.

How the Company Makes Money

Goldstone Resources generates revenue primarily through the extraction and sale of gold. Its revenue model is centered on mining operations that convert gold ore into marketable products. The company earns money by selling gold directly to refineries or through contracts with buyers in the commodities market. Key revenue streams include sales of gold from its operational mines and potential royalties from exploration projects. Additionally, strategic partnerships with local governments and mining services companies can enhance operational efficiency and reduce costs, further contributing to the company’s earnings.

Goldstone Resources Financial Statement Overview

Summary

Goldstone Resources is experiencing strong revenue growth but faces significant profitability and cash flow challenges. The increasing leverage and negative margins highlight financial risks, while the stable equity ratio offers some balance. The company needs to improve cost management and cash flow generation to enhance financial stability.

Income Statement

Goldstone Resources has shown significant revenue growth of 89.81% in the latest year, indicating a positive trajectory. However, the company is struggling with profitability, as evidenced by negative net profit and EBIT margins. The gross profit margin has decreased from 57.39% to 24.69%, highlighting potential cost management issues.

Balance Sheet

The company's debt-to-equity ratio has increased to 0.90, suggesting rising leverage, which could pose financial risks. Return on equity remains negative, reflecting ongoing losses. However, the equity ratio is relatively stable, indicating a balanced asset structure.

Cash Flow

Operating cash flow has improved but remains minimal compared to net income, resulting in a low operating cash flow coverage ratio. Free cash flow is negative, and the free cash flow to net income ratio is unfavorable, indicating cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.52M	4.95M	2.20M	8.90M	0.00	0.00
Gross Profit	3.85M	1.22M	1.26M	3.16M	0.00	0.00
EBITDA	1.81M	-1.88M	-1.01M	109.52K	-722.91K	-562.54K
Net Income	-5.49M	-4.15M	-2.69M	-674.41K	-2.25M	-643.04K
Balance Sheet
Total Assets	21.65M	24.16M	22.15M	21.07M	23.83M	17.68M
Cash, Cash Equivalents and Short-Term Investments	319.09K	95.78K	121.43K	113.31K	336.52K	701.38K
Total Debt	6.01M	9.50M	6.57M	2.91M	4.81M	5.83M
Total Liabilities	13.23M	13.63M	12.93M	8.28M	7.84M	6.83M
Stockholders Equity	11.99M	10.53M	9.22M	12.78M	16.00M	10.85M
Cash Flow
Free Cash Flow	-3.60M	-2.62M	-2.93M	-972.15K	-6.64M	-4.90M
Operating Cash Flow	-960.03K	49.48K	-1.75M	621.64K	-1.02M	-236.95K
Investing Cash Flow	-2.60M	-2.67M	-1.18M	-1.59M	-5.62M	-4.67M
Financing Cash Flow	2.66M	2.63M	2.94M	748.94K	6.28M	5.52M

Goldstone Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GRL, the sentiment is Positive. The current price of 0.45 is above the 20-day moving average (MA) of 0.41, above the 50-day MA of 0.43, and below the 200-day MA of 0.64, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 65.43 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:GRL.

Goldstone Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GDP	61 Neutral	£14.09M	14.34	4.81%	2.63%	-22.04%	-75.70%
GRL	47 Neutral	£4.27M	-1.05	-47.73%	―	93.10%	-150.00%

Goldstone Resources Corporate Events

GoldStone Resources Reports Strong H1 2025 Performance and Strategic Developments

GoldStone Resources Limited reported significant progress in the first half of 2025, with a production of 2,917 ounces of gold and a more than 200% increase in gross profits compared to the previous year, driven by strong gold prices. The company has made substantial infrastructure upgrades and reduced liabilities by converting a loan note. The appointment of Campbell Smyth as Interim Chairman marks a leadership change, while operational expansions, such as the heap leach facilities, are underway to support future growth. The company remains focused on achieving production targets and sustaining growth into 2026.