Go Metals (GOCO) AI Stock Analysis

• Market Cap: C$1.47M
• Dividend Yield: N/A
• Average Volume (3M): 127.74K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.49
• Revenue Growth: N/A
• EPS Growth: 33.05%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 26,660,616
• 10 Day Avg. Volume: 166,041
• 30 Day Avg. Volume: 127,743
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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$0.05 ▼(-10.00% Downside)

The score is primarily constrained by weak financial performance (no revenue, ongoing losses, and negative free cash flow despite recent improvements). Technicals provide partial support via a generally improving trend and neutral momentum, while valuation remains unfavorable/unclear due to negative earnings and no dividend.

Positive Factors

Low leverage / minimal debt

A near-zero debt profile materially lowers financial risk and interest obligations, providing structural flexibility while the company addresses operational weaknesses. Low leverage preserves optionality for financing or strategic moves without immediate solvency pressure.

Improving operating losses

A sustained narrowing of operating losses signals operational progress and tighter cost control, which is a durable indicator of management effectiveness. If maintained, this trend reduces required external funding and advances the path toward breakeven and eventual profitability.

Material operating cash flow improvement in 2025

A marked reduction in operating cash burn is structurally important: it extends runway, lowers funding frequency, and demonstrates improving cash conversion. Continued improvement in operating cash flow would materially increase chances of achieving self-sustaining operations.

Negative Factors

No reported revenue

Absence of revenue across reported periods indicates an unproven commercial model and weak product-market validation. Without recurring sales, durable cash generation and margin scalability remain speculative, increasing execution risk and reliance on external capital for survival.

Persistent negative free cash flow

Chronic negative free cash flow erodes liquidity and forces repeated external financing, which can dilute stakeholders and constrain strategic investments. Over the medium term, ongoing cash burn undermines balance sheet resilience and heightens refinancing and execution risk.

Material equity erosion

Substantial decline in shareholders' equity reflects cumulative losses and reduces the firm's capital buffer. This weakens creditworthiness, limits capacity to fund growth internally, and makes the company more vulnerable to shocks absent a sustained move to profitability or fresh capital.

Go Metals Business Overview & Revenue Model

Company Description

Go Metals Corp., an exploration stage company, acquires, explores, and develops mineral resource properties in Canada. Its project is the Yukon Monster property, an iron, oxide, copper, and gold property covering an area of approximately 63.5 square kilometers located in the Yukon Dawson mining district. The company also holds interest in HSP Nickel Project located approximately 130 km in the Havre-Saint-Pierre. Go Metals Corp. was incorporated in 2012 and is based in Vancouver, Canada.

How the Company Makes Money

Go Metals makes money by engaging in the exploration and development of mineral properties. The company generates revenue through the discovery and subsequent sale or joint venture of promising mineral deposits. Key revenue streams include selling ownership stakes in successful mineral projects to larger mining companies or entering into joint ventures that provide funding for further exploration and development. Additionally, Go Metals may earn income by licensing its mineral rights or through strategic partnerships with major industry players interested in acquiring access to critical metal resources.

Go Metals Financial Statement Overview

Summary

Go Metals faces significant financial challenges characterized by a lack of revenue, persistent losses, and negative cash flows. While the company's balance sheet shows financial stability with no debt and strong equity, the inability to generate income remains a critical issue. To improve its financial position, the company needs to focus on revenue generation, cost management, and operational efficiency.

Income Statement

Go Metals has consistently reported zero revenue across all periods, leading to negative gross profits and net losses. The lack of revenue growth is a significant concern. The company's EBIT and EBITDA margins are negative, indicating ongoing operational challenges. Net profit margins also remain negative, highlighting the need for substantial improvement in revenue generation and cost management to achieve profitability.

Balance Sheet

The balance sheet shows a strong equity position with a high equity ratio, indicating financial stability. The absence of debt is a positive indicator of financial health. However, the company has not been able to leverage its equity effectively to generate income, as seen in the negative ROE. The company's asset base has grown over time, yet it has not translated into improved profitability.

Cash Flow

Go Metals has consistently reported negative free cash flow, indicating challenges in generating cash from its operations. The negative operating cash flow to net income ratio reflects operational inefficiencies. While there have been positive financing cash flows, mainly from financing activities, the operating cash flow remains a concern, impacting overall liquidity and financial flexibility.

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	-5.31K	-1.33K	-15.93K	-16.16K	-9.33K	-2.33K
EBITDA	-139.33K	-403.64K	-798.00K	-2.80M	-624.31K	-1.19M
Net Income	-105.76K	-405.00K	-815.00K	-2.82M	-642.16K	-1.08M
Balance Sheet
Total Assets	655.85K	577.27K	1.05M	2.66M	2.20M	652.02K
Cash, Cash Equivalents and Short-Term Investments	353.92K	267.51K	382.95K	2.00M	1.56M	348.08K
Total Debt	0.00	0.00	1.48K	17.90K	38.99K	47.43K
Total Liabilities	27.52K	42.74K	106.03K	1.08M	418.88K	295.42K
Stockholders Equity	628.33K	534.52K	939.52K	1.58M	1.78M	356.60K
Cash Flow
Free Cash Flow	-193.33K	-113.94K	-1.69M	-2.20M	-789.76K	-999.71K
Operating Cash Flow	-193.33K	-99.87K	-1.69M	-2.20M	-771.49K	-999.71K
Investing Cash Flow	-20.07K	-15.57K	-23.86K	-35.27K	-28.62K	-32.59K
Financing Cash Flow	93.00K	0.00	93.00K	2.68M	2.01M	1.34M

Go Metals Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GOCO, the sentiment is Neutral. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.05, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.71 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:GOCO.

Go Metals 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%
GOCO	48 Neutral	C$1.47M	-3.16	-67.84%	―	―	33.05%
GBML	47 Neutral	C$1.14M	-1.28	-15.38%	―	―	41.13%
VOLT	47 Neutral	C$1.11M	4.55	―	―	―	―
EOM	42 Neutral	C$2.13M	-0.30	20.83%	―	―	-47.92%