Garibaldi Resources (GGI) AI Stock Analysis

• Market Cap: C$29.65M
• Dividend Yield: N/A
• Average Volume (3M): 48.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.62
• Revenue Growth: N/A
• EPS Growth: -2850.00%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 152,040,560
• 10 Day Avg. Volume: 37,788
• 30 Day Avg. Volume: 48,282
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -82.80
• 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: 46 Neutral
• Price Target: C$0.21 ▲(91.82% Upside)

The score is primarily held down by very weak financial performance (pre-revenue, worsening losses, and ongoing negative cash flow despite low debt). Technicals provide some offset with a strong uptrend above major moving averages, but overbought signals increase near-term downside risk. Valuation remains challenged due to negative earnings and no indicated dividend support.

Positive Factors

Conservative leverage / minimal debt

A near-zero debt profile materially reduces solvency and interest burden risk for a junior explorer, preserving flexibility to pursue drilling and project advancement. Over months this lowers bankruptcy risk and makes equity financings less pressured by leverage covenants.

Multiple, standard junior funding levers

Having established funding pathways—equity placements, warrant exercises and asset/JV monetization—gives the company durable options to raise cash or crystallize value. These structural levers are typical for explorers and sustain operations absent production, though they depend on markets and deal flow.

Improving operating cash burn trend

An improving operating cash-burn trend signals better cost discipline or more efficient program pacing, which can lengthen runway between financings and improve project delivery. If sustained, it reduces dilution risk and supports continued exploration activity over the coming months.

Negative Factors

No revenue and sharply worsening losses

The company remains pre-revenue and reported a dramatic increase in losses, indicating investment intensity without offsetting cash inflows. Over a multi-month horizon, such loss escalation heightens reliance on external capital and increases execution and dilution risk absent a material discovery or transaction.

Persistent negative cash flow; funding dependence

Consistent negative operating and free cash flow means the company cannot self-fund exploration or overhead. Structurally this forces repeated financings or asset sales, raising dilution risk and constraining long-term strategic choices if capital markets tighten or deals are scarce.

Material erosion of equity base

A markedly reduced equity base weakens the balance sheet cushion against further losses and limits borrowing capacity. Over the medium term this reduces financial flexibility, weakens negotiating leverage for joint ventures or asset sales, and increases the likelihood of dilutive capital raises.

Garibaldi Resources Business Overview & Revenue Model

Company Description

Garibaldi Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties. The company explores for nickel, copper, cobalt, platinum, palladium, gold, and silver deposits. It holds interests in the Red Lion; Grizzly and Golden Bear; King and King South; E&L; Palm Spring; Sid, Sunrise and Atlin; Black Gold; and Tora Tora properties located in British Columbia, Canada. Garibaldi Resources Corp. was incorporated in 1993 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Garibaldi Resources generates revenue through the exploration and development of its mineral properties. The company primarily makes money by discovering economically viable mineral deposits, which can then be sold or developed into mining operations. This process often involves raising capital through equity financing to fund exploration activities. Garibaldi may also enter into joint ventures or partnerships with other mining companies to share the financial burden and technical expertise required for exploration and development. Additionally, if the exploration results are promising, the company might attract larger mining firms to acquire their properties, thereby providing significant financial returns. However, as a junior exploration company, Garibaldi does not currently generate consistent revenue from mineral production and relies heavily on investment and market conditions to finance its operations.

Garibaldi Resources Financial Statement Overview

Summary

Garibaldi Resources is facing significant financial difficulties. The income statement reflects a lack of revenue and ongoing losses, while the balance sheet shows no debt but accumulated losses. The cash flow statement indicates liquidity challenges with negative cash flows. Overall, the financial outlook is concerning due to reliance on external financing and operational losses.

Income Statement

Garibaldi Resources has consistently reported zero revenue, indicating no operational income streams. High negative EBIT and net income margins reflect substantial ongoing expenses relative to non-existent revenue. The lack of revenue growth is concerning and suggests operational challenges.

Balance Sheet

The company's balance sheet shows a reasonable equity ratio, indicating a stable capital structure with no debt burden. However, the continued accumulation of losses affects shareholders' equity negatively. The absence of debt is a positive aspect, but consistent losses may hamper future financial flexibility.

Cash Flow

Garibaldi Resources has negative operating and free cash flows, indicating cash outflows exceeding inflows. The lack of revenue generation paired with negative cash flow metrics highlights potential liquidity challenges. The company is reliant on external financing to support its operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-603.00	-710.00	-890.00	-47.84K	-48.49K	-49.38K
EBITDA	-31.38M	-31.30M	-707.00K	-2.87M	-1.98M	-3.05M
Net Income	-28.43M	-28.34M	-757.00K	-3.46M	-1.85M	-3.43M
Balance Sheet
Total Assets	15.04M	14.42M	44.89M	45.43M	43.34M	44.82M
Cash, Cash Equivalents and Short-Term Investments	497.71K	19.74K	122.11K	2.09M	563.95K	258.14K
Total Debt	0.00	0.00	0.00	0.00	54.00K	108.70K
Total Liabilities	3.07M	2.83M	4.96M	5.00M	3.70M	4.10M
Stockholders Equity	11.97M	11.59M	39.93M	40.42M	39.63M	40.71M
Cash Flow
Free Cash Flow	-340.78K	-116.17K	-504.84K	-4.03M	-2.79M	-8.12M
Operating Cash Flow	-340.78K	-116.17K	-504.84K	-797.42K	-680.23K	-734.71K
Investing Cash Flow	-199.18K	7.05K	-1.62M	-2.84M	-2.11M	-7.38M
Financing Cash Flow	1.00M	0.00	158.23K	5.02M	3.10M	2.18M

Garibaldi Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GGI, the sentiment is Positive. The current price of 0.11 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.12, and above the 200-day MA of 0.10, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 73.91 is Negative, neither overbought nor oversold. The STOCH value of 91.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GGI.

Garibaldi 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%
CPAU	51 Neutral	C$18.08M	-1.51	-7.76%	―	―	-123.32%
LLG	50 Neutral	C$15.24M	0.80	45.75%	―	―	158.45%
ELEF	49 Neutral	C$17.04M	-1.52	-179.75%	―	―	15.69%
GGI	46 Neutral	C$29.65M	-0.94	-110.71%	―	―	-2850.00%
MTS	45 Neutral	C$15.40M	-8.78	-92.01%	―	―	―
WLF	45 Neutral	C$17.44M	-87.50	-32.86%	―	―	86.96%

Garibaldi Resources Corporate Events

Garibaldi Resources Enhances Exploration with High-Resolution Survey at Eskay Creek

Garibaldi Resources Corp. has completed a high-resolution aeromagnetic survey over its key nickel-copper and gold properties at Eskay Creek, revealing significant magnetic anomalies that bolster the potential for expanding mineralization at its E&L and Casper projects. The survey’s results, along with advanced geophysical techniques, are expected to enhance exploration success and guide future drilling efforts, particularly as the company prepares for the next phase of exploration at the Casper gold quartz vein discovery, which has gained priority following a surge in gold prices.

Garibaldi Resources Seeks Extension on Warrant Expiry Dates

Garibaldi Resources has applied to the TSX Venture Exchange for approval to extend the expiry dates of warrants issued in December 2022 from 2025 to 2027, while maintaining the same exercise prices. This proposed extension, pending approval, could provide the company with more flexibility in managing its financial instruments and potentially enhance its market positioning.