GMV Minerals (GMV) AI Stock Analysis

• Market Cap: C$21.97M
• Dividend Yield: N/A
• Average Volume (3M): 45.83K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.14
• Revenue Growth: N/A
• EPS Growth: -98.99%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 99,847,850
• 10 Day Avg. Volume: 30,113
• 30 Day Avg. Volume: 45,832
• PEG Ratio: -0.22
• Price to Book (P/B): 2.55
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -36.29
• 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: 48 Neutral
• Price Target: C$0.22 ▼(-16.15% Downside)

The score is primarily held down by weak financial performance (no revenue, ongoing losses, and persistent cash burn), partially offset by a debt-free balance sheet. Technical indicators are moderately supportive with price trading above key moving averages and positive momentum, but valuation support is limited given the negative P/E and no dividend yield.

Positive Factors

Debt-free Balance Sheet

A zero-debt balance sheet materially lowers financial risk and avoids interest expense, giving management flexibility to time financing or partnerships for exploration and development. This structural conservatism supports survival through commodity cycles and strategic optionality.

Predictable Cash Burn

Free cash flow tracking closely with reported losses indicates the cash burn is driven by operating activity rather than erratic working-capital swings or non-cash items. That predictability aids planning and modeling of financing needs over the medium term.

Exposure to Gold Sector

Being a gold-focused company embeds exposure to a historically durable store-of-value commodity and structural demand drivers (central bank activity, jewelry, investment). This industry positioning can attract strategic partners and investor interest over a multi-month horizon.

Negative Factors

No Revenue and Widening Losses

Lack of revenue and a widening net loss profile reflect an early-stage/resource business with no proven cash-generating operations. Continued losses erode equity, increase reliance on external funding, and make the path to sustainable profitability uncertain without material milestones.

Sustained Negative Cash Flow

Consistent negative operating and free cash flow means the company depends on capital markets or partners to fund operations. This structural funding dependence raises dilution and execution risk, constraining long-term project timelines and strategic choices.

Eroding Equity and Negative ROE

Declining shareholder equity and negative ROE signal capital erosion and that assets are not generating positive returns. Over time this undermines reinvestment capacity, heightens the need for external capital, and reduces the appeal to long-term investors seeking value creation.

GMV Minerals Business Overview & Revenue Model

Company Description

GMV Minerals Inc., an exploration stage company, engages in the sourcing and exploration of mineral properties in Arizona, the United States. The company primarily explores for gold deposits. It holds a 100% interest in the Mexican Hat Gold Project that consists of 42 unpatented lode mining claims covering an area of approximately 4,800 acres located in Cochise County, Arizona. The company was formerly known as Goldmember Minerals Inc. and changed its name to GMV Minerals Inc. in March 2008. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.

How the Company Makes Money

GMV Minerals generates revenue through the exploration and potential development of its mineral properties. The company seeks to discover economically viable mineral deposits, primarily gold, which can be developed into producing mines. Revenue is primarily derived from the successful sale or joint venture agreements of these mining projects to larger mining companies or through the eventual extraction and sale of precious metals. The company's earnings are influenced by factors such as mineral market conditions, exploration outcomes, and strategic partnerships with other mining entities. GMV Minerals may also rely on equity financing and capital raised from investors to fund its exploration activities and operational expenses.

GMV Minerals Financial Statement Overview

Summary

Financials reflect an early-stage/resource profile: no reported revenue, persistent and widening losses (TTM net loss ~1.9M vs ~1.5M in FY2025), and ongoing negative operating/free cash flow (TTM OCF and FCF ~-0.8M). A key positive is balance-sheet conservatism with zero debt and a meaningful equity base (~7.8M), but equity is trending down as losses consume capital.

Income Statement

GMV Minerals shows no reported revenue across the annual periods provided and TTM (Trailing-Twelve-Months), with persistent operating losses. Losses have widened in TTM (Trailing-Twelve-Months) (net loss of ~1.9M vs. ~1.5M in FY2025), indicating higher spend without offsetting top-line progress. The main positive is that the company has demonstrated an ability to operate with a relatively contained loss level in some prior years, but overall profitability and trajectory remain weak.

Balance Sheet

The balance sheet is supported by a solid equity base (TTM stockholders’ equity ~7.8M) and zero total debt, which meaningfully reduces financial risk and interest burden. However, equity has trended down from FY2024 (~8.5M) to TTM (Trailing-Twelve-Months) (~7.8M), consistent with ongoing losses consuming capital. Returns on equity are negative (TTM roughly -7%), signaling that the current asset base is not generating shareholder returns yet.

Cash Flow

Cash generation is a key weakness: operating cash flow and free cash flow are negative in every period shown, including TTM (Trailing-Twelve-Months) (operating cash flow ~-0.8M; free cash flow ~-0.8M). A positive offset is that free cash flow is broadly in line with reported losses (TTM free cash flow slightly better than net loss), suggesting losses are not being heavily amplified by working-capital or non-cash distortions. Still, the business remains dependent on funding to sustain operations given ongoing cash burn.

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	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-1.93M	-1.53M	-893.63K	-786.62K	-485.54K	-1.29M
Net Income	-1.92M	-1.53M	-893.63K	-784.40K	-485.13K	-1.29M
Balance Sheet
Total Assets	7.89M	7.95M	8.66M	8.37M	7.05M	6.98M
Cash, Cash Equivalents and Short-Term Investments	361.41K	509.26K	804.37K	1.13M	411.92K	1.24M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	71.56K	96.58K	142.06K	194.26K	102.62K	72.52K
Stockholders Equity	7.82M	7.85M	8.52M	8.17M	6.95M	6.91M
Cash Flow
Free Cash Flow	-831.43K	-552.35K	-688.62K	-509.26K	-1.44M	-1.68M
Operating Cash Flow	-791.46K	-552.35K	-688.62K	-509.26K	-373.85K	-810.64K
Investing Cash Flow	-282.17K	-456.18K	-329.86K	-168.73K	-1.07M	-876.68K
Financing Cash Flow	859.57K	715.00K	693.06K	1.40M	613.60K	2.54M

GMV Minerals Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.26
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GMV, the sentiment is Negative. The current price of 0.26 is below the 20-day moving average (MA) of 0.27, above the 50-day MA of 0.24, and above the 200-day MA of 0.23, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 37.64 is Neutral, neither overbought nor oversold. The STOCH value of 41.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GMV.

GMV Minerals 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%
ICM	50 Neutral	C$36.54M	-26.11	-59.85%	―	―	87.74%
GMV	48 Neutral	C$21.97M	-11.17	-18.67%	―	―	-98.99%
NBRK	48 Neutral	C$17.07M	125.00	13.19%	―	―	―
SWA	44 Neutral	C$18.52M	-2.04	-3995.40%	―	―	-51.94%

GMV Minerals Corporate Events

GMV Minerals Secures Long-Term Land Access for Mexican Hat as PEA Signals Robust Economics

GMV Minerals has signed an amended multi-year land licensing agreement with the Kay B. Graham Revocable Trust, a local ranching family, granting the company continued access to ranch lands for exploration drilling at its Mexican Hat gold project in Arizona. The agreement also secures long-term permission to operate a weather station and monitor water quality and quantity from wells, supporting the environmental and technical data collection needed to advance the project. In parallel, GMV highlights its 2025 Preliminary Economic Assessment for Mexican Hat, which outlines a 10-year heap-leach mine plan producing about 60,000 ounces of gold per year, with relatively low initial capital costs, a low strip ratio, and robust projected returns at both base case and higher gold prices, positioning the project as a potentially high-margin, scalable operation contingent on further technical work and permitting.

The most recent analyst rating on (TSE:GMV) stock is a Hold with a C$0.28 price target. To see the full list of analyst forecasts on GMV Minerals stock, see the TSE:GMV Stock Forecast page.

GMV Minerals Hires Machai Capital to Drive Digital Investor Outreach and Grants New Stock Options

GMV Minerals has engaged Machai Capital Inc., a data-driven investor awareness and digital marketing firm, to lead a five-month comprehensive digital media campaign aimed at boosting the company’s brand visibility and investor outreach across multiple online platforms. The agreement, which includes a C$300,000 cash payment from working capital and stock options for 300,000 common shares at $0.25, is subject to TSX Venture Exchange approval and is complemented by a broader incentive stock option grant of 2,475,000 options to directors, officers and consultants, aligning stakeholders with the company’s growth plans at its Mexican Hat gold project, where a strong 2025 PEA underscores significant economic potential.

The most recent analyst rating on (TSE:GMV) stock is a Hold with a C$0.28 price target. To see the full list of analyst forecasts on GMV Minerals stock, see the TSE:GMV Stock Forecast page.

GMV Minerals Launches C$4 Million Private Placement to Advance Arizona Gold Project

GMV Minerals Inc. has announced a non-brokered private placement to raise up to C$4,000,000 by issuing 20,000,000 units at C$0.20 per unit. The proceeds will be used to further explore and develop the Mexican Hat Gold project in Arizona and for general working capital. This move is expected to bolster GMV’s operational capabilities and enhance its position in the precious metals exploration industry. The offering is subject to necessary approvals and is expected to close in multiple tranches by January 19, 2026.

GMV Minerals Secures Drill Permits for Mexican Hat Project

GMV Minerals Inc. has received drill permits for its Mexican Hat gold project in Arizona, marking a significant step towards advancing its exploration efforts. The company plans to commence a diamond drilling program in early 2026, which aims to test and validate the resource, potentially improving mineral resource categories and optimizing pit design. The project is supported by strong historical results and a promising Preliminary Economic Assessment (PEA), positioning GMV for a meaningful drilling campaign.