Golcap Resources Corp. (GCP) AI Stock Analysis

• Market Cap: C$5.02M
• Dividend Yield: N/A
• Average Volume (3M): 11.87K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.09
• Revenue Growth: N/A
• EPS Growth: -122.13%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 25,092,335
• 10 Day Avg. Volume: 9,066
• 30 Day Avg. Volume: 11,874
• PEG Ratio: -0.05
• Price to Book (P/B): 6.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -23.92
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: C$0.19 ▼(-3.50% Downside)

Overall score is dragged down primarily by very weak financial performance (no revenue, ongoing losses, and persistent cash burn with declining equity). Technicals are mixed but lean bearish given the price below key short-term moving averages despite oversold RSI. Valuation is also constrained by negative earnings and no dividend support.

Positive Factors

Modest leverage

Reported debt-to-equity of roughly 0.24 indicates low leverage relative to peers, which materially lowers near-term interest burden and preserves capacity to access financing. Over a multi-month horizon this structural flexibility reduces solvency pressure while the company addresses cash burn.

Improving cash-burn trend

Year-over-year reduction in operating and free cash outflow suggests management has cut costs or improved operational efficiency. If sustained, a downward trend in burn improves runway and decreases near-term refinancing needs, supporting a structurally stronger path toward breakeven over months.

Public listing and liquidity

Maintaining a public listing and moderate average trading volume preserves durable access to capital markets. For a firm with structural cash deficits, this liquidity and listing status is a lasting advantage, enabling equity raises or strategic transactions with lower execution friction.

Negative Factors

No revenue generation

The absence of recorded revenue and widening net losses indicate the company has not yet demonstrated a monetizable business model. Structurally, lack of sales amplifies execution risk, forces reliance on finance raises, and means profitability remains a distant prospect without strategic change.

Persistent negative cash flow

Consistent negative operating and free cash flow demonstrates an inability to self-fund operations. Because free cash flow closely follows net losses, there are limited non-cash offsets, creating a durable need for external funding that raises dilution and liquidity risk over the coming months.

Eroding equity and balance-sheet volatility

Material decline in shareholders' equity and previous episodes of negative equity signal structural balance-sheet fragility. This increases the probability of dilutive financing or unfavorable capital terms, constraining strategic options and raising long-term investor risk.

Golcap Resources Corp. Business Overview & Revenue Model

Company Description

Golcap Resources Corp, an exploration stage company, engages in acquisition, exploration, and development of mineral properties in Canada. The company holds interest in the Tulameen property comprising two mineral claims covering an area of 1,738.29 hectares located in west of Otter Lake in southern British Columbia. It owns the Redcap tenure consisting of 1,403.33 hectares; and the SGBG TIP tenure consisting of 334.96 hectares. In addition, the company has option to acquire 100% interest in the Property land package consisting of 3,938 hectares. Golcap Resources Corp was incorporated in 2019 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Golcap Resources Corp. makes money primarily through the discovery and development of mineral resources, which can be sold or leased to larger mining companies. The company generates revenue by increasing the value of its mining properties through exploration and development, eventually selling these properties or entering into joint ventures with mining partners. Additionally, Golcap may receive income from option agreements and royalties from their projects. Significant partnerships with larger mining companies or investors can also contribute to its earnings by providing funding for exploration and development activities.

Golcap Resources Corp. Financial Statement Overview

Summary

Weak fundamentals: no revenue reported, recurring operating losses, and persistent negative operating/free cash flow. Balance sheet leverage is modest, but equity has eroded materially recently, increasing financing risk if cash burn continues.

Income Statement

Annual results show no revenue across the period provided, while losses are recurring and widening in the most recent year (net loss of about 0.86M in 2025 vs. about 0.29M in 2024). Operating losses (negative EBIT/EBITDA each year) indicate the business has not reached a revenue-generating or scalable operating profile yet. The main positive is that losses were smaller in some earlier years (e.g., 2023–2024 vs. 2022), but the latest deterioration weighs on the score.

Balance Sheet

Leverage remains modest overall, with debt still low relative to equity in 2025 (debt-to-equity ~0.24), which provides some balance-sheet flexibility. However, equity has declined materially from 2024 to 2025 (about 1.19M to about 0.71M), consistent with ongoing losses and potential dilution/financing needs. Returns on equity are negative in recent years, and earlier periods show instability in equity levels (including negative equity in 2022–2023), highlighting higher balance-sheet volatility than the current debt load alone suggests.

Cash Flow

Cash burn is persistent: operating cash flow and free cash flow are negative in every year shown, implying continued reliance on external funding. There is a year-over-year improvement in 2025 operating/free cash outflow versus 2024 (burn reduced from roughly 0.27M to roughly 0.20M), but cash generation remains structurally weak. Free cash flow closely tracks net income (both negative), indicating limited non-cash offsets and no clear cash profitability yet.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-841.77K	-841.69K	-277.00K	-148.00K	-289.00K	-687.27K
Net Income	-861.89K	-861.86K	-285.00K	-283.00K	-971.00K	-687.00K
Balance Sheet
Total Assets	1.88M	1.88M	1.98M	152.69K	251.54K	980.07K
Cash, Cash Equivalents and Short-Term Investments	6.49K	6.49K	265.19K	23.86K	116.38K	745.69K
Total Debt	168.76K	168.76K	8.12K	0.00	5.00K	0.00
Total Liabilities	1.16M	1.16M	795.82K	155.08K	270.48K	31.09K
Stockholders Equity	712.48K	712.48K	1.19M	-2.39K	-18.93K	948.99K
Cash Flow
Free Cash Flow	-198.38K	-198.38K	-265.14K	-296.50K	-83.53K	-565.44K
Operating Cash Flow	-198.38K	-198.38K	-265.14K	-297.50K	-83.53K	-436.71K
Investing Cash Flow	55.24K	55.24K	-126.67K	500.00	-663.97K	-128.74K
Financing Cash Flow	150.87K	150.87K	390.50K	300.00K	2.80K	999.59K

Golcap Resources Corp. Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GCP, the sentiment is Negative. The current price of 0.2 is below the 20-day moving average (MA) of 0.23, below the 50-day MA of 0.23, and above the 200-day MA of 0.16, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 31.26 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GCP.

Golcap Resources Corp. 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%
GR	50 Neutral	C$10.80M	-2.67	―	―	―	-39.62%
ASHL	49 Neutral	C$5.01M	―	-81.50%	―	―	―
BEA	46 Neutral	C$5.96M	-4.79	-33.24%	―	―	-45.45%
GCP	43 Neutral	C$5.02M	-5.81	-59.00%	―	―	-122.13%
NLR	43 Neutral	C$5.48M	-1.98	-284.00%	―	―	-202.42%

Golcap Resources Corp. Corporate Events

Golcap Resources Completes Debt Settlement to Preserve Cash

Golcap Resources Corp., a company listed on the Canadian Securities Exchange, has successfully completed a debt settlement agreement to address an outstanding debt of $75,600 owed to an arm’s length creditor. The company issued 200,000 common shares at a price of $0.378 per share as part of the settlement, with the shares subject to a holding period until April 11, 2026. This strategic move is aimed at preserving cash for working capital, which the Board of Directors believes is in the best interest of the company.

Golcap Resources Issues Shares for Project Option and Settles Debt

Golcap Resources Corp. has issued 4,000,000 common shares as part of an option to acquire a 100% interest in the Itaituba Vanadium Titanium Project from Lara Exploration Ltd. The shares are held in escrow pending approval from the Brazilian Agency of Mines. Additionally, Golcap has entered into a Debt Settlement Agreement to issue 200,000 common shares to settle a debt of $75,600, preserving cash for working capital.

Golcap Resources Completes Final Tranche of Share Financing

Golcap Resources Corp. has successfully closed the final tranche of its non-brokered private placement, raising $285,000 through the issuance of 1,000,000 flow-through common shares. The proceeds will be directed towards eligible Canadian exploration expenses on the company’s Quebec properties, enhancing its exploration capabilities and potentially strengthening its market position in the mining sector.

Golcap Resources Closes First Tranche of Flow-Through Share Financing

Golcap Resources Corp. has successfully closed the first tranche of its non-brokered private placement, raising $399,999.78 through the issuance of flow-through common shares. The proceeds will be used for exploration expenses on the company’s Quebec properties, aligning with Canadian and Quebec tax incentives for mining expenditures. The company plans to close the final tranche by December 1, 2025, which will further support its exploration initiatives.

Golcap Resources Launches $427,500 Private Placement for Quebec Projects

Golcap Resources Corp. announced a non-brokered private placement of up to 1,500,000 flow-through common shares, aiming to raise $427,500. The funds will be used for Canadian exploration expenses related to its Quebec mining projects, potentially enhancing its operational capabilities and market positioning.