Granada Gold Mine Inc (TSE:GGM)
:GGM
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Granada Gold Mine Inc
(GGM)
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Rating:41Neutral
Price Target:
C$0.04
▲(2.50% Upside)
Action:ReiteratedDate:04/25/26
The score is primarily constrained by weak financial performance (no revenue, ongoing losses, negative cash flow, and deeply negative equity), which implies continued dependence on external funding. Technicals add further pressure as the stock trades below major moving averages with negative MACD and weak RSI/Stoch readings. Valuation support is limited due to a negative P/E and no dividend yield.
Positive Factors
Reduced cash burn
A materially reduced cash burn versus 2020–2022 improves the company’s operational runway and reduces near-term financing urgency. This durable improvement lowers dilution risk per funding round and increases the chance of advancing exploration milestones before new capital is required.
Negative Factors
Deep negative shareholders' equity
Consistently deeply negative shareholders’ equity (≈-$13.6M) reflects accumulated deficits and weak balance sheet health. This structural weakness reduces financial flexibility, increases the risk of dilutive recapitalizations, and can hinder the company’s ability to secure non-dilutive financing or favorable terms.
Read all positive and negative factors
Positive Factors
Negative Factors
Reduced cash burn
A materially reduced cash burn versus 2020–2022 improves the company’s operational runway and reduces near-term financing urgency. This durable improvement lowers dilution risk per funding round and increases the chance of advancing exploration milestones before new capital is required.
Read all positive factors
Granada Gold Mine Inc (GGM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$9.77M
Dividend YieldN/A
Average Volume (3M)511.90K
Price to Earnings (P/E)―
Beta (1Y)1.28
Revenue GrowthN/A
EPS Growth-8.00%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding227,265,930
10 Day Avg. Volume517,589
30 Day Avg. Volume511,904
Financial Highlights & Ratios
PEG Ratio0.27
Price to Book (P/B)-0.30
Price to Sales (P/S)0.00
P/FCF Ratio-15.31
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
Granada Gold Mine Inc Business Overview & Revenue Model
Company Description
Granada Gold Mine Inc., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada. It explores for gold deposits. The company holds 100% interest in the Granada property, which comprises 2 mining leases a...
How the Company Makes Money
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Granada Gold Mine Inc Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
18
Very Negative
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -39.83K | -36.78K | 3.02K | -56.56K | -44.85K |
| EBITDA | -1.42M | -1.79M | -2.15M | -2.87M | -5.20M |
| Net Income | -1.82M | -1.93M | -2.88M | -4.08M | -3.63M |
Balance Sheet | |||||
| Total Assets | 516.32K | 851.86K | 892.10K | 2.22M | 3.80M |
| Cash, Cash Equivalents and Short-Term Investments | 48.35K | 120.96K | 134.48K | 474.99K | 1.83M |
| Total Debt | 1.50M | 1.39M | 1.28M | 1.18M | 1.77M |
| Total Liabilities | 14.15M | 13.07M | 11.34M | 9.81M | 9.40M |
| Stockholders Equity | -13.64M | -12.22M | -10.45M | -7.60M | -5.60M |
Cash Flow | |||||
| Free Cash Flow | -264.62K | -6.26K | -122.75K | -1.86M | -5.49M |
| Operating Cash Flow | -264.62K | -6.26K | -122.75K | -1.82M | -5.30M |
| Investing Cash Flow | 66.49K | 0.00 | 6.00K | -36.18K | 92.46K |
| Financing Cash Flow | 200.00K | 0.00 | 0.00 | 1.80M | 5.13M |
Granada Gold Mine Inc Technical Analysis
Positive
0.04
Price Trends
0.06
Positive
0.06
Positive
0.05
Positive
Market Momentum
>-0.01
Negative
52.24
Neutral
166.67
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GGM, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.05, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.24 is Neutral, neither overbought nor oversold. The STOCH value of 166.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GGM.
Granada Gold Mine Inc Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | C$19.72M | -7.16 | 405.04% | ― | ― | -128.42% | |
49 Neutral | C$25.41M | -1.18 | -82.33% | ― | ― | -193.13% | |
43 Neutral | C$5.77M | -18.17 | -341.20% | ― | ― | -88.89% | |
41 Neutral | C$9.77M | -3.18 | ― | ― | ― | -8.00% |
* Basic Materials Sector Average
TSE:GGM
Granada Gold Mine Inc
0.04
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43.33%
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Granada Gold Mine Inc Corporate Events
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
Granada Gold Mine Shifts to Semi-Annual Reporting Under Venture Issuer Pilot
Neutral
Apr 9, 2026
Granada Gold Mine Inc., a Quebec-based gold exploration company developing the historic Granada Gold Property near Rouyn-Noranda, operates a 14.73-square-kilometer land package with multiple mineralized structures and a history of high-grade under...
Business Operations and StrategyPrivate Placements and Financing
Granada Gold Mine Clarifies Finder’s Fees and Warrant Terms on Recent Offering
Positive
Mar 9, 2026
Granada Gold Mine Inc. has clarified the terms of its recently closed share offering, confirming it paid C$135,730 in cash finders’ fees and issued 2,714,600 non-transferable finder’s warrants. Each warrant allows the holder to purchas...
Business Operations and StrategyPrivate Placements and Financing
Granada Gold Mine Raises C$2.95 Million in Oversubscribed Private Placement
Positive
Feb 18, 2026
Granada Gold Mine Inc. has closed an oversubscribed private placement, raising C$2.95 million through the issuance of 58,949,400 units at C$0.05 each, with each unit including a share and a five-year warrant exercisable at C$0.075. The financing, ...
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.