Golden Goliath Resources (GNG) AI Stock Analysis

• Market Cap: C$2.67M
• Dividend Yield: N/A
• Average Volume (3M): 67.00K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.32
• Revenue Growth: N/A
• EPS Growth: -495.41%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 25,448,124
• 10 Day Avg. Volume: 117,734
• 30 Day Avg. Volume: 67,004
• PEG Ratio: 0.06
• Price to Book (P/B): 4.12
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -12.64
• 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: 49 Neutral
• Price Target: C$0.10 ▲(18.75% Upside)

The score is held back primarily by weak financial performance (no revenue, continued losses, and cash burn with balance-sheet erosion). Technicals are a relative positive with price trending above key moving averages and a positive MACD, but valuation support is limited given a negative P/E and no dividend yield.

Positive Factors

Debt-Free Balance Sheet

Having no debt provides financial flexibility and reduces the risk of insolvency, allowing the company to focus on strategic investments and exploration activities without the burden of interest payments.

Focus on Precious Metals

The focus on gold and silver positions the company to benefit from long-term demand for these metals, which are often seen as safe-haven assets and can provide stability during economic fluctuations.

Strategic Partnerships

Strategic partnerships can provide access to additional resources, expertise, and capital, enhancing the company's ability to explore and develop mineral properties effectively.

Negative Factors

No Revenue Generation

The lack of revenue generation indicates an inability to monetize assets or operations, which can lead to ongoing financial instability and limit growth potential.

Negative Cash Flows

Negative cash flows suggest the company is not generating sufficient cash from its operations, which can lead to liquidity issues and reliance on external financing for survival.

Declining Asset Base

A declining asset base can indicate poor asset management and capital utilization, potentially impacting the company's ability to invest in future growth opportunities.

Golden Goliath Resources Business Overview & Revenue Model

Company Description

Golden Goliath Resources Ltd. engages in the acquisition and exploration of resource properties. The company primarily explores and develops gold and silver properties located in the Red Lake District of Ontario, Canada. It also holds a 100% interest in the San Timoteo property located in the Sierra Madre Occidental Mountains of northwestern Mexico; and the La Cruz property located in the central part of Chihuahua. Golden Goliath Resources Ltd. was incorporated in 1996 and is based in Vancouver, Canada.

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 faces severe financial challenges, with no revenue generation and continuous net losses. Despite having no debt, the company's declining asset base and negative cash flows highlight significant financial instability.

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	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	-5.29K	-294.00	0.00	0.00	0.00	-298.00
EBITDA	-280.46K	-280.46K	-371.00	-435.00K	-415.91K	-990.00K
Net Income	-281.06K	-280.75K	-3.35M	-553.00K	-597.00K	-990.00K
Balance Sheet
Total Assets	854.01K	854.01K	983.64K	4.16M	4.38M	4.83M
Cash, Cash Equivalents and Short-Term Investments	16.97K	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	483.44K	483.44K	332.31K	355.87K	228.00K	362.49K
Stockholders Equity	370.57K	370.57K	651.32K	3.81M	4.15M	4.47M
Cash Flow
Free Cash Flow	5.22K	-120.77K	-535.27K	-938.02K	-1.00M	-2.45M
Operating Cash Flow	8.16K	-117.83K	-535.27K	-281.92K	-268.95K	-330.28K
Investing Cash Flow	-2.94K	131.97K	216.40K	88.40K	145.66K	-3.04M
Financing Cash Flow	0.00	0.00	190.00K	187.68K	185.95K	1.20M

Golden Goliath Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GNG, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.08, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.71 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GNG.

Golden Goliath Resources 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%
GNG	49 Neutral	C$2.67M	-10.00	―	―	―	-495.41%
AWE	47 Neutral	C$4.24M	-3.85	-17.08%	―	―	―
GSS	46 Neutral	C$2.36M	-14.00	-33.93%	―	―	-266.67%
RKL	38 Underperform	C$2.76M	-1.07	-48.17%	―	―	42.16%
LEXI.H	35 Underperform	C$2.41M	-0.29	―	―	―	―