GFG Resources (GFG) AI Stock Analysis

• Market Cap: C$53.83M
• Dividend Yield: N/A
• Average Volume (3M): 135.07K
• Price to Earnings (P/E): 32.3
• Beta (1Y): 0.30
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): <0.01
• Shares Outstanding: 269,131,770
• 10 Day Avg. Volume: 198,154
• 30 Day Avg. Volume: 135,067
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -37.50
• P/FCF Ratio: 0.00
• 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

GFG Resources is a speculative mining exploration company with solid technical momentum and strategic project expansions. However, its financial performance is weak due to the absence of revenue and reliance on external financing. The stock's moderate valuation reflects these risks and opportunities.

GFG Resources Business Overview & Revenue Model

Company Description

GFG Resources Inc. is a North American precious metals exploration company focused on the acquisition and exploration of gold properties. The company's primary projects are located in tier-one mining jurisdictions, including the Rattlesnake Hills Gold Project in Wyoming, USA, and the Pen Gold and Dore Gold projects in Ontario, Canada. GFG Resources is committed to advancing its projects through innovative exploration techniques and strategic partnerships.

How the Company Makes Money

GFG Resources makes money primarily through the exploration and development of gold mining projects. The company generates revenue by discovering valuable mineral deposits and advancing these projects to attract investment or sell to larger mining companies. GFG Resources may also form joint ventures or strategic partnerships with other mining firms to share the costs and risks associated with exploration while benefiting from potential future revenues from successful projects. Additionally, GFG Resources can raise capital through equity financing, issuing shares to investors to fund its exploration activities, which allows the company to continue its operations and expand its project portfolio.

GFG Resources Financial Statement Overview

Summary

GFG Resources is in the exploration phase, explaining the lack of revenue and profitability. The company maintains a solid equity base and has raised funds to support operations. However, dependence on external financing and lack of operational cash flow present risks.

Income Statement

The company has not generated any revenue, which is common in the mining industry during exploration phases. Despite improvements in net income from the previous year, the lack of gross and net profits highlights ongoing operational challenges.

Balance Sheet

The balance sheet shows a strong equity position with minimal debt, resulting in a very low debt-to-equity ratio. However, the lack of revenue generation presents a risk if financing becomes difficult in the future.

Cash Flow

The cash flow statement indicates negative operating and free cash flow, typical for exploration companies. However, the company has managed to secure financing, which helps sustain operations despite the cash burn.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-35.52K	-34.90K	-34.77K	-35.85K	-40.98K	-43.17K
	EBIT
-1.00M	-2.06M	-1.04M	-914.31K	-320.71K	-887.83K
	EBITDA
2.08M	-1.03M	-11.74M	-815.54K	-338.64K	-747.95K
	Net Income Common Stockholders
1.78M	-1.25M	-11.85M	-860.16K	-391.29K	-807.43K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.84M	2.13M	3.47M	1.21M	1.57M	7.01M
	Total Assets
40.90M	35.16M	33.43M	39.03M	35.74M	37.27M
	Total Debt
33.88K	51.40K	121.94K	148.25K	88.13K	116.61K
	Net Debt
-5.30M	-2.08M	-3.35M	-1.06M	-1.49M	-6.89M
	Total Liabilities
922.69K	1.45M	1.29M	873.22K	1.04M	2.43M
	Stockholders Equity
39.98M	33.71M	32.14M	38.15M	34.71M	34.84M
Cash Flow		Free Cash Flow
-3.32M	-3.88M	-4.20M	-3.10M	-5.21M	-3.51M
	Operating Cash Flow
-1.44M	-1.51M	-1.35M	-1.32M	-1.33M	-1.22M
	Investing Cash Flow
-254.23K	-2.15M	-2.49M	-2.08M	-4.06M	-2.26M
	Financing Cash Flow
6.06M	2.32M	6.10M	3.03M	-34.07K	8.95M

GFG Resources Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GFG, the sentiment is Positive. The current price of 0.2 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.19, and above the 200-day MA of 0.15, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.07 is Neutral, neither overbought nor oversold. The STOCH value of 51.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GFG.

GFG Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	79 Outperform	C$2.98B	18.81	26.82%	―	77.93%	236.93%
WDO	78 Outperform	C$2.57B	18.44	27.15%	―	67.54%	―
Sector *	47 Neutral	$2.64B	-3.21	-21.68%	3.30%	4.19%	-30.23%
GFG	47 Neutral	C$53.83M	32.31	4.96%	―	―	―
BTR	31 Underperform	C$34.21M	―	-91.29%	―	―	7.15%

GFG Resources Corporate Events

GFG Resources Expands Pen Gold Project and Updates Corporate Strategy

GFG Resources Inc. has acquired strategic claims within its Pen Gold Project, located west of Timmins, Ontario, for a total purchase price of C$4,500, securing 100% ownership. Additionally, the company has granted stock options to its directors and officers, allowing them to purchase up to 3,812,000 common shares, and plans to issue 111,111 common shares to the Apitipi Anicinapek Nation as part of a recent exploration agreement, pending TSX Venture Exchange approval. These strategic moves are expected to bolster GFG’s exploration capabilities and strengthen its position in the gold mining industry.

GFG Resources Expands High-Grade Gold Zones at Aljo Mine Target

GFG Resources Inc. has reported promising assay results from its ongoing drilling programs at the Aljo Mine Target, part of its Goldarm Property in Ontario’s Timmins Gold District. The drilling has confirmed high-grade gold intersections and expanded the mineralized zones, particularly in the Hangingwall and Footwall Zones. The company plans to initiate an aggressive follow-up drilling program in the second half of 2025 to further explore these promising zones. Additionally, GFG is advancing its exploration efforts at the Muskego target area, where it aims to make a new greenfield discovery, supported by sonic till sampling and an Induced Polarization survey.