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Golden Goliath Resources
(GNG)
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Rating:41Neutral
Price Target:
C$0.09
▲(7.50% Upside)
Action:Reiterated
Date:04/30/26
The score is driven primarily by very weak financial performance (no revenue, ongoing losses, and persistent cash burn), which outweighs the benefit of having no debt. Technicals are modestly negative in the short term (below 20/50DMA with slightly negative MACD), and valuation is constrained by ongoing losses and no stated dividend yield.
Positive Factors
No reported debt
No reported debt materially reduces near-term solvency and interest burden risk for an exploration company. This structural strength preserves flexibility to pursue dilutive or non-dilutive financing, extend exploration timelines, and avoid covenant pressures while projects advance.
Negative Factors
No revenue; persistent losses
Absence of revenue and sustained operating losses means the business cannot self-fund exploration or development. Over months, continued losses deplete resources, force frequent external financing, and constrain strategic optionality, reducing the ability to execute multi-stage projects.
Read all positive and negative factors
Positive Factors
Negative Factors
No reported debt
No reported debt materially reduces near-term solvency and interest burden risk for an exploration company. This structural strength preserves flexibility to pursue dilutive or non-dilutive financing, extend exploration timelines, and avoid covenant pressures while projects advance.
Read all positive factors
Golden Goliath Resources (GNG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$4.44M
Dividend YieldN/A
Average Volume (3M)67.00K
Price to Earnings (P/E)―
Beta (1Y)0.74
Revenue GrowthN/A
EPS Growth74.10%
CountryCA
Employees14
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding49,368,980
10 Day Avg. Volume117,734
30 Day Avg. Volume67,004
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)4.12
Price to Sales (P/S)0.00
P/FCF Ratio-12.64
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
Golden Goliath Resources Business Overview & Revenue Model
Company Description
Golden Goliath Resources Ltd. actively engages in the procurement and exploration of various mineral resource properties. The company's primary focus lies in the discovery and development of gold and silver deposits, particularly within the Red La...
How the Company Makes Money
null...
Golden Goliath Resources Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
44
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.01K | -294.00 | 0.00 | 0.00 | 0.00 | -298.00 |
| EBITDA | -1.30M | -280.46K | -371.00 | -435.00K | -415.91K | -990.00K |
| Net Income | -1.30M | -280.75K | -3.35M | -553.00K | -597.00K | -990.00K |
Balance Sheet | ||||||
| Total Assets | 1.08M | 854.01K | 983.64K | 4.16M | 4.38M | 4.83M |
| Cash, Cash Equivalents and Short-Term Investments | 192.54K | 16.97K | 2.83K | 446.85K | 995.05K | 1.78M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 445.30K | 483.44K | 332.31K | 355.87K | 228.00K | 362.49K |
| Stockholders Equity | 635.39K | 370.57K | 651.32K | 3.81M | 4.15M | 4.47M |
Cash Flow | ||||||
| Free Cash Flow | -964.66K | -120.77K | -535.27K | -938.02K | -1.00M | -2.45M |
| Operating Cash Flow | -954.82K | -117.83K | -535.27K | -281.92K | -268.95K | -330.28K |
| Investing Cash Flow | -9.79K | 131.97K | 216.40K | 88.40K | 145.66K | -3.04M |
| Financing Cash Flow | 1.14M | 0.00 | 190.00K | 187.68K | 185.95K | 1.20M |
Golden Goliath Resources Technical Analysis
Negative
0.08
Price Trends
0.11
Negative
0.13
Negative
0.11
Negative
Market Momentum
>-0.01
Positive
34.13
Neutral
>-0.01
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 0.08 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.11, and below the 200-day MA of 0.11, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.13 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
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$8.48M | -9.55 | -17.08% | ― | ― | 19.07% | |
48 Neutral | C$1.69M | 250.00 | -33.93% | ― | ― | -100.00% | |
41 Neutral | C$4.44M | -2.65 | ― | ― | ― | 74.10% | |
| ― | C$2.41M | -0.33 | ― | ― | ― | ― | |
42 Neutral | C$9.12M | -1.52 | -48.17% | ― | ― | 4.76% |
* Basic Materials Sector Average
TSE:GNG
Golden Goliath Resources
0.09
0.04
80.00%
TSE:AWE
Thunderstruck Resources
0.15
0.11
233.33%
TSE:GSS
Gossan Resources
0.03
0.01
66.67%
TSE:LEXI.H
Lithium Energi Exploration
0.01
0.00
0.00%
TSE:RKL
Rockland Resources
0.14
0.05
55.56%
TSE:TRAC
Traction Exploration
0.85
0.01
1.19%
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.