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GoldON Resources Ltd (TSE:GLD)
:GLD

GoldON Resources (GLD) AI Stock Analysis

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TSE:GLD

GoldON Resources

(GLD)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
C$0.09
▲(41.67% Upside)
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and negative operating/free cash flow implying continued financing/dilution risk). Offsetting factors include an improving technical trend (price above key moving averages with positive MACD) and supportive corporate updates around governance approvals and active exploration, while valuation remains constrained by loss-making results and no dividend.
Positive Factors
Debt-Free Balance Sheet
Operating without debt provides financial flexibility and reduces risk, allowing the company to focus resources on exploration and development.
Strategic Rebranding
Rebranding to Gold Finder Resources signals a strategic shift to explore new jurisdictions, potentially opening up new opportunities for growth.
Management Changes
New experienced leadership can drive strategic exploration and leverage market opportunities, potentially improving operational efficiency and growth.
Negative Factors
Zero Revenue
The lack of revenue generation highlights challenges in monetizing assets, impacting financial stability and long-term sustainability.
Continuous Losses
Persistent losses and cash burn indicate operational inefficiencies, posing risks to financial health and limiting growth potential.
Declining Equity
Declining equity reflects financial instability, reducing the company's ability to finance operations and invest in growth opportunities.

GoldON Resources (GLD) vs. iShares MSCI Canada ETF (EWC)

GoldON Resources Business Overview & Revenue Model

Company DescriptionGoldON Resources Ltd. is a Canada-based mineral exploration company focused on discovering and developing high-value gold and other precious metal deposits. Operating primarily in the mining sector, the company holds a portfolio of properties in the prolific gold-producing regions of Ontario, Canada. GoldON Resources is committed to increasing shareholder value through strategic exploration activities and partnerships.
How the Company Makes MoneyGoldON Resources makes money through the exploration and development of mineral properties, primarily targeting gold deposits. The company's revenue model is centered around increasing the value of its mineral assets through exploration activities, which may lead to selling or joint venturing these assets with larger mining companies. Key revenue streams include raising capital through equity financing to fund exploration projects, and potential revenue from property sales or joint ventures if significant mineral resources are discovered. Additionally, partnerships with other mining companies can provide both financial and technical resources to advance exploration and development efforts.

GoldON Resources Financial Statement Overview

Summary
GoldON Resources faces substantial financial challenges with zero revenue, continuous losses, and negative cash flows. The lack of profitability, declining equity, and negative cash flow management indicate significant financial instability, despite the absence of debt.
Income Statement
GoldON Resources has consistently reported zero revenue across all periods, leading to negative gross profits and net income. The persistent losses indicate significant financial challenges. The company's EBIT and EBITDA margins are negative, reflecting operational inefficiencies and a lack of profitability.
Balance Sheet
The company's balance sheet shows no debt, which is a positive aspect; however, the equity has been declining over time, reducing the equity ratio. The decreasing stockholders' equity and low level of total assets indicate potential risks in financial stability.
Cash Flow
The cash flow statement highlights negative operating and free cash flows, indicating cash burn. While the company has managed to secure financing in some periods, the negative free cash flow to net income ratio suggests inefficient cash management and challenges in covering operational costs.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-72.00-96.00-13.55K-152.00-188.00-236.00
EBITDA-299.11K-463.93K-302.72K-4.74M-1.14M-534.84K
Net Income-300.04K-464.84K-1.02M-4.75M-1.14M-536.00K
Balance Sheet
Total Assets848.19K890.83K323.13K797.01K4.85M5.91M
Cash, Cash Equivalents and Short-Term Investments250.41K291.30K245.90K116.10K366.13K835.68K
Total Debt0.000.000.000.000.000.00
Total Liabilities56.06K53.72K35.50K93.70K31.34K79.34K
Stockholders Equity792.13K837.11K287.63K703.31K4.82M5.83M
Cash Flow
Free Cash Flow-731.20K-383.16K-274.62K-926.06K-478.05K-3.37M
Operating Cash Flow-298.95K-383.17K-206.89K-289.17K-155.45K-846.93K
Investing Cash Flow-504.23K-494.43K-24.82K-596.89K-297.60K-2.52M
Financing Cash Flow420.00K922.00K400.00K617.03K0.003.23M

GoldON Resources Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.06
Price Trends
50DMA
0.08
Positive
100DMA
0.07
Positive
200DMA
0.06
Positive
Market Momentum
MACD
<0.01
Positive
RSI
50.59
Neutral
STOCH
41.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GLD, the sentiment is Neutral. The current price of 0.06 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.08, and above the 200-day MA of 0.06, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.59 is Neutral, neither overbought nor oversold. The STOCH value of 41.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:GLD.

GoldON Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
50
Neutral
C$7.94M-13.7918.99%
49
Neutral
C$5.67M-16.67-40.98%79.47%
45
Neutral
C$5.33M-7.5835.79%
43
Neutral
C$4.06M-9.65-25.74%98.11%
39
Underperform
C$3.37M-14.12%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:GLD
GoldON Resources
0.09
0.06
200.00%
TSE:MTH
Mammoth Resources
0.05
0.04
400.00%
TSE:AMZ
Azucar Minerals
0.06
0.03
83.33%
TSE:MEX
Mexican Gold Corp
0.20
0.15
300.00%
TSE:GSPR
GSP Resource
0.13
0.02
13.04%
TSE:MLKM
Mayo Lake Minerals, Inc.
0.03
<0.01
50.00%

GoldON Resources Corporate Events

Business Operations and StrategyShareholder Meetings
Gold Finder Resources Secures Shareholder Approval for Key Resolutions
Positive
Nov 17, 2025

Gold Finder Resources Ltd. announced that its shareholders approved all resolutions at the annual general meeting, with over 98.5% of votes in favor. The resolutions included the reelection of directors, appointment of an auditor, and re-approval of the company’s stock option plan, which is subject to final acceptance by the TSX Venture Exchange. This approval is expected to strengthen the company’s governance and operational framework, potentially enhancing its market position and stakeholder confidence.

Business Operations and Strategy
Gold Finder Resources Launches Fall Exploration at West Madsen Gold Property
Positive
Oct 29, 2025

Gold Finder Resources Ltd. has initiated a fall fieldwork program at its West Madsen Gold Property in Red Lake, Ontario. This program aims to explore gold anomalies identified in the summer and test the theory that the key Balmer-Confederation contact may be located further south than previously thought. The property is strategically positioned next to West Red Lake Gold Mines’ Madsen Gold Mine, where recent high-grade gold intersections have been reported, enhancing the potential significance of Gold Finder’s exploration efforts.

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.Date of analysis: Dec 30, 2025