GoldHaven Resources (GOH) AI Stock Analysis

• Market Cap: C$10.99M
• Dividend Yield: N/A
• Average Volume (3M): 117.84K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.56
• Revenue Growth: N/A
• EPS Growth: 88.29%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 45,786,743
• 10 Day Avg. Volume: 150,569
• 30 Day Avg. Volume: 117,837
• PEG Ratio: 0.03
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.73
• 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: 52 Neutral
• Price Target: C$0.23 ▲(93.33% Upside)

The score is held back primarily by weak financial performance (pre-revenue with continued net losses and negative free cash flow), despite the benefit of minimal leverage and improved equity. Technicals are a relative positive with the price trading above major moving averages and supportive momentum, while valuation remains constrained by negative earnings and no dividend yield data.

Positive Factors

Low leverage

A minimal-debt balance sheet reduces default and interest-rate risk, giving management flexibility to prioritize project development over debt servicing. This durable financial conservatism supports operational continuity and partner confidence while the company advances toward commercialization.

Strengthened equity base

A materially stronger equity position versus prior periods provides a lasting capital buffer to absorb losses and fund near-term operations. This improves the company’s ability to secure non-dilutive partnerships or better financing terms as it progresses toward revenue generation.

Narrowing losses trend

A consistent reduction in operating losses shows durable progress on cost control and operational execution. Sustained narrowing improves runway projections, reduces required future financing, and raises the probability of reaching break-even within a multi-month horizon if trends continue.

Negative Factors

Pre-revenue status

Being pre-revenue is a fundamental constraint: no organic sales cash flow means the business must prove commercial viability before self-funding. This structural risk elevates execution uncertainty and prolongs reliance on external capital until sustainable revenues emerge.

Persistent cash burn

Consistent negative operating and free cash flow is a durable headwind that depletes liquidity and forces repeated funding rounds. Ongoing burn constrains strategic investments and increases dilution risk, making long-term growth contingent on either rapid scaling or cost reduction.

Dependence on external financing

Reliance on capital markets or investors creates structural vulnerability: access, pricing, and timing of funding affect execution. Historic equity volatility signals funding sensitivity, which can limit multi-year planning and expose stakeholders to dilution or funding shortfalls.

GoldHaven Resources Business Overview & Revenue Model

Company Description

GoldHaven Resources Corp., a junior exploration company, engages in acquiring, exploring, and developing mineral properties in Canada and Chile. It focuses on exploring gold, copper, and silver deposits located in the Maricunga Gold Belt of northern Chile consisting of Coya, Rio Loa, Alicia, Condor, Jacqueline, Valle, and Roma projects. The company was formerly known as Altum Resource Corp. and changed its name to GoldHaven Resources Corp. in July 2020. GoldHaven Resources Corp. was incorporated in 2019 and is headquartered in Vancouver, Canada.

How the Company Makes Money

GoldHaven Resources makes money by advancing its mineral exploration projects to a stage where they can be sold, joint-ventured, or developed into producing mines. The company primarily generates revenue through strategic partnerships and joint ventures with larger mining companies that have the capital and expertise to develop their exploration sites into operational mines. Additionally, GoldHaven may also earn income through the sale of mineral rights or by entering into royalty agreements that provide ongoing revenue streams as a percentage of the production from their developed properties. The company's earnings are significantly influenced by factors such as the success of exploration activities, fluctuations in commodity prices, and the ability to attract investment and partnerships for project development.

GoldHaven Resources Financial Statement Overview

Summary

Early-stage, pre-revenue profile with improving losses but still sizable negative earnings and ongoing cash burn. Balance sheet risk is moderated by very low leverage and a materially stronger equity base in 2025, but continued operating and free-cash-flow outflows indicate reliance on external funding.

Income Statement

The company remains pre-revenue (revenue is 0 across all periods), and profitability is weak with recurring operating losses. Losses improved materially from 2023 to 2024 and continued to narrow into 2025, but TTM (Trailing-Twelve-Months) still shows a sizable net loss of about $1.66M, indicating the business has not yet reached a self-sustaining earnings profile.

Balance Sheet

Leverage is very low (debt is minimal to zero in most periods), which reduces financial risk. Equity and assets strengthened significantly from 2024 (when equity was negative) to 2025, with stockholders’ equity around $6.1M–$6.2M and total assets around $6.3M–$6.6M. The main weakness is continued losses, which pressure returns on equity (negative in 2025), and the historical volatility in equity levels signals ongoing funding and valuation sensitivity typical of early-stage companies.

Cash Flow

Cash generation is consistently negative: operating cash flow and free cash flow are both outflows across all periods, including TTM (Trailing-Twelve-Months) operating cash flow of roughly -$1.55M and free cash flow of roughly -$1.71M. While free cash flow burn improved versus some prior years (and the latest TTM shows positive free cash flow growth versus the prior period), the company still relies on external financing to fund operations until it can scale revenue or materially reduce cash costs.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	-38.00K	-7.68K	-30.73K	-7.68K
EBITDA	-1.22M	-2.32M	-9.48M	-4.32M	-4.53M
Net Income	-1.24M	-2.32M	-9.49M	-7.65M	-4.69M
Balance Sheet
Total Assets	6.55M	43.90K	1.73M	10.36M	10.99M
Cash, Cash Equivalents and Short-Term Investments	1.27M	3.93K	8.26K	1.52M	1.28M
Total Debt	0.00	9.75K	0.00	71.69K	96.89K
Total Liabilities	379.13K	463.82K	310.75K	260.27K	262.22K
Stockholders Equity	6.17M	-419.92K	1.42M	10.10M	10.73M
Cash Flow
Free Cash Flow	-1.21M	-394.13K	-1.60M	-2.71M	-5.70M
Operating Cash Flow	-1.05M	-285.78K	-413.82K	-1.76M	-3.52M
Investing Cash Flow	-447.96K	11.17K	-1.20M	-952.66K	-2.18M
Financing Cash Flow	2.76M	270.28K	104.76K	2.95M	6.59M

GoldHaven Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.12
• 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:GOH, the sentiment is Positive. The current price of 0.12 is below the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.15, and below the 200-day MA of 0.13, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 56.16 is Neutral, neither overbought nor oversold. The STOCH value of 31.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GOH.

GoldHaven 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%
GOH	52 Neutral	C$10.99M	-4.62	-42.65%	―	―	88.29%
GLM	52 Neutral	C$11.98M	-21.82	-5.30%	―	―	―
BVA	47 Neutral	C$17.49M	-33.93	―	―	―	30.00%
HUNT	47 Neutral	C$13.33M	-4.97	―	―	―	-104.65%
GOR	34 Underperform	C$4.90M	-13.79	―	―	―	-20.83%

GoldHaven Resources Corporate Events

GoldHaven Maps Porphyry-Style Zonation at Magno, Boosting Copper and Critical Minerals Potential

GoldHaven Resources has outlined property-scale, porphyry-related metal zonation at its Magno Project in northwestern British Columbia, confirming an intrusion-driven mineral system hosting stacked copper-gold, silver-lead-zinc, tungsten-skarn and critical-mineral targets. Recent geological mapping, sampling and geochemical analysis validate historical high-grade silver-lead-zinc and tungsten occurrences, reveal significant copper values in both mineralized zones and granite intrusions, and identify strong bismuth, tellurium, antimony and indium anomalies that point to deep fluid pathways and bolster the project’s critical-minerals potential. The metal distribution and structural controls at Magno resemble major polymetallic systems such as Morococha in Peru and Coeur Mining’s nearby Silvertip Mine, suggesting a potentially large, compositionally diverse mineral system and providing a more robust framework for future drill targeting and exploration strategy.

The most recent analyst rating on (TSE:GOH) stock is a Hold with a C$0.27 price target. To see the full list of analyst forecasts on GoldHaven Resources stock, see the TSE:GOH Stock Forecast page.

GoldHaven Reports High Indium Grades at Magno Property, Underscoring Critical Mineral Potential

GoldHaven Resources has reported significant indium enrichment at its Magno Property in northwestern British Columbia, following completion of its 2025 surface exploration program. Using modern analytical techniques, the company greatly expanded its geochemical dataset and identified robust indium distribution, with values reaching up to 334 ppm—far above average crustal background levels—and closely associated with high zinc grades in the Magno and D Zones and the Kuhn and Dead Goat showings. These results suggest structurally controlled fluid pathways and proximity to intrusive heat sources, reinforcing the exploration potential of the Magno system and positioning indium as a meaningful critical mineral vector in GoldHaven’s evolving exploration model. Although the project remains at an early stage with no defined mineral resources, the company notes that the indium grades observed are comparable to those reported at established deposits, supporting continued work on a critical mineral that is increasingly important for high-tech, clean energy and strategic industrial applications in North America.

The most recent analyst rating on (TSE:GOH) stock is a Hold with a C$0.23 price target. To see the full list of analyst forecasts on GoldHaven Resources stock, see the TSE:GOH Stock Forecast page.

GoldHaven Expands Tungsten Footprint at Magno Property With New Vines Lake Discovery

GoldHaven Resources has confirmed anomalous tungsten mineralization at the historical Kuhn and Dead Goat showings on its Magno Property in northwestern British Columbia and identified a new tungsten zone at Vines Lake, where the highest-grade sample from its 2025 surface program assayed up to 6,550 ppm tungsten. The results, which outline approximately 1.3 kilometres of anomalous tungsten mineralization at the Kuhn target and demonstrate structurally controlled skarn (manto-style) mineralization across multiple zones, significantly expand the known tungsten footprint at Magno and enhance the project’s profile as a potential critical-minerals asset in a secure jurisdiction, complementing its existing silver and base-metal systems and underscoring its strategic relevance amid concentrated global tungsten supply.

The most recent analyst rating on (TSE:GOH) stock is a Hold with a C$0.18 price target. To see the full list of analyst forecasts on GoldHaven Resources stock, see the TSE:GOH Stock Forecast page.

GoldHaven Confirms Widespread Tungsten Mineralization and New Zone at Magno Property

GoldHaven Resources has confirmed anomalous tungsten mineralization at the historical Kuhn and Dead Goat showings and identified a new tungsten zone at Vines Lake on its Magno Property in northwestern British Columbia, with the highest-grade grab sample returning 6,550 ppm tungsten. The 2025 surface program validates historical data, extends the known footprint of tungsten across multiple structurally controlled skarn zones over roughly 1.3 kilometres at Kuhn, and underscores Magno’s potential strategic importance as a critical-mineral project in a secure jurisdiction, complementing the property’s existing silver and base-metal systems and potentially enhancing the company’s position in the North American tungsten supply chain.

The most recent analyst rating on (TSE:GOH) stock is a Hold with a C$0.18 price target. To see the full list of analyst forecasts on GoldHaven Resources stock, see the TSE:GOH Stock Forecast page.

GoldHaven Confirms High-Grade Silver and Tungsten at Magno Property in B.C.’s Cassiar District

GoldHaven Resources has reported preliminary assays from its 2025 surface exploration program at the Magno Property, confirming high-grade silver values up to 2,370 g/t, lead over 20%, zinc up to 19.25%, tungsten up to 6,550 ppm and indium up to 334 ppm. The campaign verified multiple historical showings, outlined new targets and revealed geochemical zoning consistent with a large intrusive-related polymetallic system, strengthening the project’s potential scale and importance as a source of both precious and critical metals and providing a more detailed geochemical framework to guide future exploration work.

The most recent analyst rating on (TSE:GOH) stock is a Hold with a C$0.12 price target. To see the full list of analyst forecasts on GoldHaven Resources stock, see the TSE:GOH Stock Forecast page.

GoldHaven Completes Inaugural Drilling at Copeçal Project, Reports Key Findings

GoldHaven Resources has completed its inaugural diamond drilling campaign at the Copeçal Gold Project, marking an important milestone with nine drill holes totaling over 1,085 meters. Key findings include the interception of sulphide mineralization at the Eastern Gold-in-Soil Anomaly, where chalcopyrite-pyrite and bornite were identified, indicating multi-phase hydrothermal activity with further assay results pending. The discovery of deep saprolite profiles in the Western anomaly area also suggests potential for gold mineralization. These developments enhance GoldHaven’s exploration efforts and may significantly impact future geological targeting and stakeholder interests.

GoldHaven Resources Confirms High-Grade Copper at Three Guardsmen Project

GoldHaven Resources has confirmed high-grade copper mineralization at its Three Guardsmen property in Northern British Columbia. The 2025 field program validated historical data and revealed new copper discoveries, with some samples showing up to 15.85% copper. This confirmation of widespread mineralization across the property suggests significant potential for the area, possibly indicating a nearby porphyry system. The findings could enhance GoldHaven’s industry positioning by highlighting the scale and potential of its mineral resources, which may attract further investment and interest from stakeholders.

GoldHaven Expands Magno Project with New Acquisition and Advanced Exploration

GoldHaven Resources Corp. has expanded its Magno Project in northwestern British Columbia by acquiring the Brian Scott claims, adding 811.17 hectares to its district-scale land position. The company has completed its 2025 exploration program, collecting 354 rock samples that confirm mineralization similar to Coeur’s Silvertip deposit. The strategic expansion by over 5,800 hectares allows for integrated interpretation of the mineralizing system, with VRIFY technology being used to enhance project visualization and support future exploration plans. This acquisition and technological integration are expected to refine geological models and guide the 2026 exploration campaign, potentially increasing the project’s scale and potential.

GoldHaven Expands Drilling at Copeçal Gold Project in Brazil

GoldHaven Resources has completed eight diamond drill holes at its Copeçal Gold Project in Brazil, with a ninth hole underway to explore promising sulphide mineralization found in a previous hole. This expansion aims to assess the potential scale of the mineralized zone, marking significant progress in their exploration efforts, which could enhance the company’s position in the gold mining sector.

GoldHaven Resources Reports Promising Drilling Results at Copeçal Project

GoldHaven Resources Corp. has announced significant progress in its exploration activities at the Copeçal Project in Brazil, with the intersection of sulphide mineralization in drill hole COP-004 at the East Target. This finding provides the first substantial evidence of potential mineralization, supporting the presence of gold anomalies at the surface. The company plans to continue its drilling program to explore the depth extension of this mineralization, which could enhance its position in the gold exploration sector and provide valuable insights for stakeholders.

GoldHaven Advances Exploration at Copeçal Project with New Drilling Milestone

GoldHaven Resources has completed its fifth diamond drill hole at the Copeçal Project in Brazil, marking the first exploration of the Western Target. This milestone is part of a broader reconnaissance drilling program aimed at evaluating gold-in-soil and geophysical anomalies across the project area. The drilling confirmed structural continuity with previous findings, and the company plans additional drilling to further refine its exploration model. Assay results for the initial holes are pending, which will provide further insights into the project’s potential.