GoldON Resources Ltd (TSE:GLD)
:GLD
Top Page
GoldON Resources
(GLD)
Select Model
Select Model
Rating:43Neutral
Price Target:
C$0.09
▼(-13.00% Downside)
Action:ReiteratedDate:04/04/26
Overall score is constrained primarily by weak financial fundamentals (pre-revenue, ongoing losses and negative free cash flow) and bearish technicals (below key moving averages with negative MACD). A debt-free balance sheet with positive equity offers some support, but valuation is not compelling given losses and no dividend yield.
Positive Factors
Balance Sheet Strength
Reported no debt and positive TTM equity (~$0.94M) provides a conservatively levered capital structure. This reduces immediate solvency risk and gives management flexibility to fund near-term exploration without the fixed-payment burden that indebted peers face, supporting operational continuity.
Negative Factors
Pre-Revenue Operations
The company remains pre-revenue with persistent operating losses and negative EBIT/EBITDA. Without an operating revenue stream, the business lacks internal cash generation to cover exploration costs and overhead, making long-term sustainability contingent on successful resource development or continued external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Strength
Reported no debt and positive TTM equity (~$0.94M) provides a conservatively levered capital structure. This reduces immediate solvency risk and gives management flexibility to fund near-term exploration without the fixed-payment burden that indebted peers face, supporting operational continuity.
Read all positive factors
GoldON Resources (GLD) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$6.19M
Dividend YieldN/A
Average Volume (3M)181.15K
Price to Earnings (P/E)―
Beta (1Y)0.78
Revenue GrowthN/A
EPS Growth79.47%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding68,775,200
10 Day Avg. Volume260,314
30 Day Avg. Volume181,148
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)3.01
Price to Sales (P/S)0.00
P/FCF Ratio-6.57
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
GoldON Resources Business Overview & Revenue Model
Company Description
Gold Finder Resources Ltd., an exploration stage company, engages in the exploration of mineral properties in Canada. The company primarily explores for gold and silver deposits. It holds interests in the West Madsen project located in the Red Lak...
How the Company Makes Money
null...
GoldON Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
54
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Sep 2025 | Jun 2024 | Sep 2023 | Jun 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -48.00 | -96.00 | -13.55K | -152.00 | -188.00 | -236.00 |
| EBITDA | -328.97K | -463.93K | -302.72K | -4.74M | -1.14M | -534.84K |
| Net Income | -328.41K | -464.84K | -1.02M | -4.75M | -1.14M | -536.00K |
Balance Sheet | ||||||
| Total Assets | 965.60K | 890.83K | 323.13K | 797.01K | 4.85M | 5.91M |
| Cash, Cash Equivalents and Short-Term Investments | 327.00K | 291.30K | 245.90K | 116.10K | 366.13K | 835.68K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 20.70K | 53.72K | 35.50K | 93.70K | 31.34K | 79.34K |
| Stockholders Equity | 944.90K | 837.11K | 287.63K | 703.31K | 4.82M | 5.83M |
Cash Flow | ||||||
| Free Cash Flow | -335.56K | -383.16K | -274.62K | -926.06K | -478.05K | -3.37M |
| Operating Cash Flow | -332.81K | -383.17K | -206.89K | -289.17K | -155.45K | -846.93K |
| Investing Cash Flow | -120.19K | -494.43K | -24.82K | -596.89K | -297.60K | -2.52M |
| Financing Cash Flow | 635.00K | 922.00K | 400.00K | 617.03K | 0.00 | 3.23M |
GoldON Resources Technical Analysis
Positive
0.10
Price Trends
0.10
Negative
0.09
Negative
0.07
Positive
Market Momentum
>-0.01
Negative
50.84
Neutral
72.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GLD, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.10, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.84 is Neutral, neither overbought nor oversold. The STOCH value of 72.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GLD.
GoldON Resources 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% | |
45 Neutral | C$5.86M | -15.61 | ― | ― | ― | 35.79% | |
43 Neutral | C$6.19M | -26.07 | -40.98% | ― | ― | 79.47% | |
43 Neutral | C$4.37M | -2.76 | -604.93% | ― | ― | 18.99% | |
| ― | C$4.49M | -7.84 | -14.12% | ― | ― | ― |
* Basic Materials Sector Average
TSE:GLD
GoldON Resources
0.09
0.05
125.00%
TSE:MTH
Mammoth Resources
0.06
0.04
175.00%
TSE:MEX
Mexican Gold Corp
0.11
0.05
69.23%
TSE:GSPR
GSP Resource
0.10
<0.01
5.26%
TSE:MLKM
Mayo Lake Minerals, Inc.
0.04
0.02
100.00%
GoldON Resources Corporate Events
Business Operations and Strategy
Gold Finder Reports Modest Soil Anomalies at West Madsen Gold Project
Neutral
Feb 11, 2026
Gold Finder Resources reported results from its latest soil sampling and prospecting program on Block A of the West Madsen gold project in Ontario’s Red Lake camp. The fall work focused on infill and extension “A” horizon soil li...
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.