Golconda Gold (TSE:GG)
:GG
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Golconda Gold
(GG)
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Rating:66Neutral
Price Target:
C$2.50
▲(3.31% Upside)
Action:Reiterated
Date:05/26/26
The score is driven by strong TTM financial improvement (profitability, cash flow, and low leverage), partially offset by clearly bearish technicals (below key moving averages with negative MACD and weak RSI). Valuation is supportive with a low P/E, but confidence is tempered by the company’s recent history of volatile results.
Positive Factors
High Profitability Margins
Sustained margin levels imply the company operates with a competitive cost structure that converts revenue into durable profits. High gross and operating margins support resilience to modest revenue swings, enabling reinvestment and internal funding for operations over the next several months.
Negative Factors
Historical Volatility in Returns
Past swings from losses to profits indicate the company’s performance is susceptible to operational or market shifts. This undermines predictability of results and suggests current improvements may partially reflect cyclical tailwinds rather than permanently higher structural profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
High Profitability Margins
Sustained margin levels imply the company operates with a competitive cost structure that converts revenue into durable profits. High gross and operating margins support resilience to modest revenue swings, enabling reinvestment and internal funding for operations over the next several months.
Read all positive factors
Golconda Gold (GG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$167.08M
Dividend YieldN/A
Average Volume (3M)128.40K
Price to Earnings (P/E)8.6
Beta (1Y)2.27
Revenue Growth121.51%
EPS Growth1001.65%
CountryCA
Employees209
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)0.19
Shares Outstanding71,401,360
10 Day Avg. Volume84,566
30 Day Avg. Volume128,395
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)3.20
Price to Sales (P/S)3.84
P/FCF Ratio22.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Golconda Gold Business Overview & Revenue Model
Company Description
Golconda Gold Ltd. is dedicated to the discovery, advancement, and ongoing management of gold mining assets. The company's operational footprint includes two significant properties: the Mupane Property in Botswana and the 58.6 square kilometer Gal...
Golconda Gold Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
78
Positive
Cash Flow
74
Positive
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 33.74M | 13.83M | 9.37M | 13.17M | 2.94M |
| Gross Profit | 15.00M | 1.88M | 349.30K | 1.66M | -429.66K |
| EBITDA | 13.70M | 1.26M | -486.73K | 110.63K | 508.62K |
| Net Income | 9.82M | -1.17M | -2.15M | -970.44K | -3.95M |
Balance Sheet | |||||
| Total Assets | 55.87M | 45.70M | 42.37M | 42.62M | 58.79M |
| Cash, Cash Equivalents and Short-Term Investments | 3.79M | 335.46K | 113.21K | 639.03K | 889.56K |
| Total Debt | 2.39M | 3.89M | 4.55M | 3.03M | 2.32M |
| Total Liabilities | 15.40M | 15.61M | 11.11M | 9.27M | 27.09M |
| Stockholders Equity | 40.48M | 30.09M | 31.26M | 33.35M | 31.69M |
Cash Flow | |||||
| Free Cash Flow | 5.83M | 1.36M | -1.17M | -92.58K | -9.67M |
| Operating Cash Flow | 10.39M | 4.54M | -18.76K | 1.15M | 4.58M |
| Investing Cash Flow | -4.56M | -3.18M | -1.15M | -1.56M | -12.75M |
| Financing Cash Flow | -2.46M | -1.14M | 649.56K | 252.15K | 4.21M |
Golconda Gold Technical Analysis
Negative
2.42
Price Trends
2.53
Negative
2.84
Negative
2.48
Negative
Market Momentum
-0.04
Positive
44.26
Neutral
29.74
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GG, the sentiment is Negative. The current price of 2.42 is below the 20-day moving average (MA) of 2.49, below the 50-day MA of 2.53, and below the 200-day MA of 2.48, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 44.26 is Neutral, neither overbought nor oversold. The STOCH value of 29.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GG.
Golconda Gold Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | C$222.61M | 28.65 | 22.15% | ― | 43.98% | ― | |
66 Neutral | C$167.08M | 8.60 | 34.72% | ― | 121.51% | 1001.65% | |
63 Neutral | C$114.69M | 12.36 | 5.42% | 8.87% | 23.78% | -36.23% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | C$122.26M | 25.93 | 21.84% | ― | ― | 34.36% | |
44 Neutral | C$181.68M | -22.99 | -25.07% | ― | ― | -427.54% | |
44 Neutral | C$174.50M | -14.70 | -74.62% | ― | ― | -122.95% |
* General Sector Average
TSE:GG
Golconda Gold
2.34
1.69
260.00%
TSE:OGN
Orogen Royalties
3.75
2.57
218.07%
TSE:KTO
K2 Gold
0.75
0.42
123.88%
TSE:MGG
Minaurum Gold
0.34
0.09
36.00%
TSE:MJS
Majestic Gold
0.11
-0.04
-27.63%
TSE:XTG
Xtra-Gold Resource
2.63
0.49
22.90%
Golconda Gold Corporate Events
Business Operations and StrategyFinancial Disclosures
Golconda Gold Hits Record Q1 Output at Galaxy Mine and Ends Quarter Debt-Free
Positive
Apr 14, 2026
Golconda Gold reported record quarterly production of 3,693 ounces of gold in the first quarter of 2026 at its Galaxy Gold Mine, marking a 7% increase over the prior quarter and a 25% rise year-on-year. Strong ore mining volumes, particularly at t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.