Cassiar Gold (TSE:GLDC)
:GLDC
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Cassiar Gold
(GLDC)
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Rating:45Neutral
Price Target:
C$0.50
▼(-0.60% Downside)
Action:Reiterated
Date:05/31/26
The score is primarily constrained by weak financial performance (pre-revenue, widening losses, and continued cash burn with a shrinking equity base). Technicals are mixed and provide only limited support, while valuation is hindered by negative earnings and no dividend yield data.
Positive Factors
Low Leverage
Near-zero debt is a durable financial strength: it reduces bankruptcy and interest-rate risk, preserves strategic optionality for project financing or joint ventures, and allows management to prioritize exploration and permitting without large fixed financing costs over the next several months.
Negative Factors
Pre-revenue and Widening Losses
Being pre-revenue and posting materially wider losses is a persistent structural constraint: the company must rely on external funding to progress the project, which risks dilution or conditional financing and reflects ongoing value erosion absent near-term revenue or asset monetization.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Near-zero debt is a durable financial strength: it reduces bankruptcy and interest-rate risk, preserves strategic optionality for project financing or joint ventures, and allows management to prioritize exploration and permitting without large fixed financing costs over the next several months.
Read all positive factors
Cassiar Gold (GLDC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$75.23M
Dividend YieldN/A
Average Volume (3M)646.80K
Price to Earnings (P/E)―
Beta (1Y)2.32
Revenue GrowthN/A
EPS Growth20.17%
CountryCA
Employees3
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.06
Shares Outstanding147,501,800
10 Day Avg. Volume968,487
30 Day Avg. Volume646,798
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)3.09
Price to Sales (P/S)0.00
P/FCF Ratio-5.23
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)-0.08
Revenue Forecast (FY)N/A
Cassiar Gold Business Overview & Revenue Model
Company Description
Cassiar Gold Corp. engages in the acquisition, exploration, and development of mineral properties. It holds interest in the Cassiar gold project that covers 59,000 hectares of mineral claims located in northern British Columbia; and the Sheep Cree...
How the Company Makes Money
null...
Cassiar Gold Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -175.95K | -188.73K | -241.80K | -202.56K | -81.84K | -61.26K |
| EBITDA | -8.57M | -6.25M | -8.56M | -1.54M | -3.00M | -1.51M |
| Net Income | -7.93M | -6.44M | -7.53M | -1.74M | -2.75M | -1.60M |
Balance Sheet | ||||||
| Total Assets | 13.49M | 16.75M | 16.49M | 46.30M | 38.33M | 22.10M |
| Cash, Cash Equivalents and Short-Term Investments | 1.37M | 4.49M | 4.94M | 4.50M | 8.59M | 3.47M |
| Total Debt | 0.00 | 0.00 | 64.79K | 63.11K | 151.70K | 0.00 |
| Total Liabilities | 4.67M | 6.13M | 4.57M | 5.34M | 4.98M | 3.24M |
| Stockholders Equity | 8.83M | 10.62M | 11.92M | 40.96M | 33.35M | 18.87M |
Cash Flow | ||||||
| Free Cash Flow | -3.75M | -6.26M | -8.16M | -13.77M | -10.63M | -7.70M |
| Operating Cash Flow | -7.20M | -6.26M | -8.16M | -13.77M | -108.61K | -2.01M |
| Investing Cash Flow | -22.96K | -22.96K | -6.00K | -10.30K | -10.63M | -5.82M |
| Financing Cash Flow | 5.98M | 5.85M | 8.60M | 9.68M | 15.85M | 9.35M |
Cassiar Gold Technical Analysis
Positive
0.50
Price Trends
0.51
Positive
0.48
Positive
0.38
Positive
Market Momentum
<0.01
Positive
52.04
Neutral
59.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GLDC, the sentiment is Positive. The current price of 0.5 is below the 20-day moving average (MA) of 0.53, below the 50-day MA of 0.51, and above the 200-day MA of 0.38, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.04 is Neutral, neither overbought nor oversold. The STOCH value of 59.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GLDC.
Cassiar Gold 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$65.21M | -23.73 | -1106.38% | ― | ― | -223.08% | |
46 Neutral | C$27.71M | -5.41 | -62.77% | ― | ― | 44.27% | |
46 Neutral | C$58.89M | -9.55 | -71.61% | ― | ― | -32.42% | |
45 Neutral | C$75.23M | -9.68 | -78.97% | ― | ― | 20.17% | |
45 Neutral | C$62.07M | -25.53 | -15.36% | ― | ― | 34.73% | |
42 Neutral | C$89.01M | 230.96 | 2.25% | ― | ― | ― |
* Basic Materials Sector Average
TSE:GLDC
Cassiar Gold
0.52
0.29
121.28%
TSE:EDG
Endurance Gold
0.47
0.28
147.37%
TSE:IGO
Independence Gold
0.11
-0.04
-25.00%
TSE:IVS
Inventus Mining
0.29
0.12
72.73%
TSE:RYR
Royal Road Minerals
0.22
0.11
100.00%
TSE:KLDC
Warrior Gold Inc
0.39
0.35
875.00%
Cassiar Gold Corporate Events
Business Operations and StrategyShareholder Meetings
Cassiar Gold Launches PEA and Overhauls Incentive Plan to Advance Cassiar Project
Positive
Apr 3, 2026
Cassiar Gold has engaged engineering firm Ausenco to complete a Preliminary Economic Assessment for the near-surface Taurus gold deposit at its Cassiar project, targeting completion in the third quarter of 2026. The study will evaluate development...
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.