Golden Goliath Resources (GNG) AI Stock Analysis

• Market Cap: C$1.27M
• Dividend Yield: N/A
• Average Volume (3M): 15.89K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.08
• Revenue Growth: N/A
• EPS Growth: -399.62%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.13
• Shares Outstanding: 25,448,124
• 10 Day Avg. Volume: 10,410
• 30 Day Avg. Volume: 15,890
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): 55.50
• P/FCF Ratio: 55.50
• 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

Golden Goliath Resources faces significant financial challenges with no revenue, continuous losses, and weak cash flow, resulting in a low financial performance score. Despite some technical momentum, the company's negative valuation metrics further weigh down the overall score, reflecting the significant risks and uncertainties involved.

Golden Goliath Resources Business Overview & Revenue Model

Company Description

Golden Goliath Resources Ltd. is a mineral exploration company primarily engaged in the acquisition, exploration, and development of mineral properties. The company focuses on precious metals, particularly gold and silver, and operates primarily in Mexico. Its core activities involve exploring promising geological regions to identify and develop potential mining sites.

How the Company Makes Money

Golden Goliath Resources makes money through the discovery and development of mineral resources, primarily gold and silver. The company generates revenue by selling or leasing its mining properties to other mining firms or through joint ventures and partnerships. Additionally, Golden Goliath may engage in the direct extraction and sale of minerals if economically viable. Revenue is also influenced by factors such as the market prices of gold and silver, exploration results, and successful partnerships with larger mining companies.

Golden Goliath Resources Financial Statement Overview

Summary

Golden Goliath Resources is struggling financially with no revenue and continuous losses leading to poor income statement performance. While the company has no debt, its cash flow situation is weak, and the declining asset and equity levels suggest potential sustainability concerns.

Income Statement

The company has no revenue generation, leading to negative gross profit and significant net losses. EBIT and EBITDA margins are also negative, reflecting operational inefficiencies and lack of profitable activities.

Balance Sheet

The balance sheet shows a stable equity base with zero debt, which is a strong point. However, the declining asset base and stockholders' equity over time indicate potential issues in asset management and capital utilization.

Cash Flow

The company consistently reports negative operating and free cash flows, indicating cash burn without generating cash from operations. The lack of positive free cash flow growth and reliance on financing activities for liquidity is concerning.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-5.00K	0.00	0.00	0.00	-298.00	-437.00
	EBIT
-275.36K	―	-513.73K	-485.90K	-278.72K	-542.91K
	EBITDA
-412.79K	―	-552.60K	-596.59K	-989.68K	-542.48K
	Net Income Common Stockholders
-3.29M	―	-552.61K	-596.59K	-989.98K	-1.06M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.13K	2.83K	446.85K	995.05K	1.78M	3.03M
	Total Assets
995.39K	983.64K	4.16M	4.38M	4.83M	4.23M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-9.13K	-2.83K	-131.70K	-137.53K	-74.87K	-2.25M
	Total Liabilities
403.13K	332.31K	355.87K	228.00K	362.49K	197.14K
	Stockholders Equity
592.26K	651.32K	3.81M	4.15M	4.47M	4.03M
Cash Flow		Free Cash Flow
-265.74K	-535.27K	-281.92K	-1.00M	-2.45M	-1.28M
	Operating Cash Flow
-202.05K	-535.27K	-281.92K	-268.95K	-330.28K	-627.98K
	Investing Cash Flow
158.12K	216.40K	88.40K	145.66K	-3.04M	-403.32K
	Financing Cash Flow
0.00	190.00K	187.68K	185.95K	1.20M	2.93M

Golden Goliath Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GNG, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.51 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GNG.

Golden Goliath Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	81 Outperform	C$2.94B	19.63	26.82%	―	77.93%	236.93%
OR	71 Outperform	$5.36B	240.72	1.33%	0.92%	6.02%	―
BTO	66 Neutral	$5.64B	―	-18.54%	4.59%	-0.18%	-2195.85%
Sector *	47 Neutral	$2.43B	-3.06	-22.76%	3.59%	4.02%	-29.07%
AMX	46 Neutral	C$106.40M	101.14	1.20%	―	―	―
GNG	37 Underperform	C$1.27M	―	-147.05%	―	―	-399.62%