Garibaldi Resources (GGI) AI Stock Analysis

• Market Cap: C$15.20M
• Dividend Yield: N/A
• Average Volume (3M): 48.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.26
• 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: 37 Underperform
• Price Target: ―

Garibaldi Resources faces significant financial challenges, reflected in its lack of revenue and ongoing losses. The technical analysis indicates a bearish trend with the stock trading below key moving averages and approaching oversold levels. The valuation is unattractive with a negative P/E ratio and no dividend yield. These factors combine to result in a low overall stock score.

Positive Factors

Partnership Opportunities

Potential partnerships can provide access to capital and expertise, mitigating risks and accelerating project development, crucial for a junior exploration company.

Strategic Location

The location in the Golden Triangle, known for rich mineral deposits, offers potential for significant resource discoveries, enhancing long-term growth prospects.

Debt-Free Balance Sheet

Having no debt provides Garibaldi Resources with financial flexibility, reducing interest obligations and allowing focus on strategic investments.

Negative Factors

Ongoing Losses

Persistent losses erode shareholder equity and can hinder future investment, making it challenging to achieve profitability without significant operational changes.

Negative Cash Flow

Negative cash flow highlights liquidity issues, restricting operational flexibility and necessitating continuous external funding to sustain activities.

Lack of Revenue

The absence of revenue generation poses a significant challenge, limiting the company's ability to self-fund operations and increasing reliance on external financing.

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: Negative
• Last Price: 0.10
• 50DMA: Negative
• 100DMA: Negative
• 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:GGI, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.13, and above the 200-day MA of 0.09, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 41.30 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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%
LLG	61 Neutral	C$15.24M	0.80	45.75%	―	―	158.45%
CPAU	43 Neutral	C$13.26M	-1.10	-7.76%	―	―	-123.32%
WLF	40 Underperform	C$14.95M	-75.00	-32.86%	―	―	86.96%
ELEF	39 Underperform	C$15.79M	-1.47	-179.75%	―	―	15.69%
GGI	37 Underperform	C$15.20M	-0.48	-110.71%	―	―	-2850.00%

Garibaldi Resources Corporate Events

Garibaldi Resources Gains Shareholder Support for Equity Plan

Garibaldi Resources Corp. has announced the re-approval of its 2023 equity incentive plan at their latest annual meeting. This plan includes a 10% rolling allocation for stock options and a fixed number of shares for performance-based awards. The plan is subject to final approval by the TSX Venture Exchange.