tiprankstipranks
Trending News
More News >
Goldhaven Resources Corp (TSE:GOH)
:GOH

GoldHaven Resources (GOH) AI Stock Analysis

Compare
2 Followers

Top Page

TS

GoldHaven Resources

(OTC:GOH)

39Underperform
GoldHaven Resources’ overall stock score is low due to severe financial distress marked by zero revenue, persistent losses, and negative cash flows. Technical indicators also suggest a bearish outlook with price weakness. Despite positive corporate initiatives to enhance exploration, the immediate financial and technical challenges dominate the stock's assessment, resulting in a low overall score.

GoldHaven Resources (GOH) vs. S&P 500 (SPY)

GoldHaven Resources Business Overview & Revenue Model

Company DescriptionGoldHaven Resources (GOH) is a junior exploration company focused on discovering and developing precious metal projects. The company primarily engages in the acquisition, exploration, and development of gold and silver properties in highly prospective regions. GoldHaven's core operations are centered around identifying promising geological sites and conducting exploratory drilling to assess the viability of these resources for future mining activities.
How the Company Makes MoneyGoldHaven 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
GoldHaven Resources faces significant financial distress, with zero revenue and persistent losses. The balance sheet is strong in equity but has a declining asset base, while cash flows are negative. Overall, this reflects weak financial stability and growth prospects.
Income Statement
20
Very Negative
GoldHaven Resources has consistently reported zero revenue over multiple years, indicating a lack of sales or production activity. The company also faces significant challenges with profitability, as evidenced by persistent negative EBIT and EBITDA figures. Furthermore, net income has been negative, highlighting ongoing losses. Overall, the income statement reflects poor financial health and a lack of growth prospects.
Balance Sheet
45
Neutral
The company boasts a strong equity position with stockholders' equity significantly outweighing liabilities, resulting in a low debt-to-equity ratio. However, total assets have been declining over the years, which could indicate potential risks to future stability. Despite the lack of debt burden, the company’s equity ratio is favorable, but the overall declining asset base is concerning.
Cash Flow
30
Negative
Operating cash flow has been consistently negative, indicating operational inefficiency and inability to generate cash from core activities. Free cash flow is also negative, although there has been some inflow from financing activities. The ratios of cash flows to net income are not favorable, reflecting weak cash flow management and sustainability issues.
Breakdown
Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
0.00-7.68K-30.73K-7.68K0.00
EBIT
-646.83K-9.25M-1.05M-4.39M-473.99K
EBITDA
-2.32M-9.48M-4.32M-4.23M-473.99K
Net Income Common Stockholders
-2.32M-9.49M-7.65M-4.69M-473.99K
Balance SheetCash, Cash Equivalents and Short-Term Investments
3.93K8.26K1.52M1.28M394.49K
Total Assets
43.90K1.73M10.36M10.99M1.25M
Total Debt
9.75K0.0071.69K96.89K0.00
Net Debt
5.82K-8.26K-1.45M-1.18M-394.49K
Total Liabilities
463.82K310.75K260.27K262.22K42.95K
Stockholders Equity
-419.92K1.42M10.10M10.73M1.21M
Cash FlowFree Cash Flow
-394.13K-1.60M-2.71M-5.70M-607.58K
Operating Cash Flow
-285.78K-413.82K-1.76M-3.52M-274.29K
Investing Cash Flow
11.17K-1.20M-952.66K-2.18M-333.30K
Financing Cash Flow
270.28K104.76K2.95M6.59M839.42K

GoldHaven Resources Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.10
Price Trends
50DMA
0.14
Negative
100DMA
0.23
Negative
200DMA
0.19
Negative
Market Momentum
MACD
-0.02
Negative
RSI
38.38
Neutral
STOCH
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GOH, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.14, and below the 200-day MA of 0.19, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 38.38 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 Negative sentiment for TSE:GOH.

GoldHaven Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
49
Neutral
$1.95B-1.37-21.20%3.73%0.84%-29.84%
TSPRB
47
Neutral
C$415.16M-109.44%10.27%
47
Neutral
$41.97M-14.84%-100.00%-21.05%
TSGOH
39
Underperform
C$3.54M-132.53%80.95%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:GOH
GoldHaven Resources
0.10
-0.39
-80.21%
TSE:AUMB
1911 Gold
0.22
0.11
115.00%
TSE:PRB
Probe Metals
2.04
0.53
35.10%

GoldHaven Resources Corporate Events

Executive/Board ChangesBusiness Operations and Strategy
GoldHaven Strengthens Brazilian Operations with New Country Manager
Positive
Apr 24, 2025

GoldHaven Resources has appointed Jonathan Victor Hill as its Brazilian Country Manager, leveraging his extensive experience in global mining operations and exploration. This strategic appointment is expected to enhance GoldHaven’s exploration activities at the Copeçal Gold Project in Brazil, where the company plans to conduct extensive auger drilling and geophysical surveys to better define gold-bearing anomalies, potentially leading to significant mineral discoveries.

Spark’s Take on TSE:GOH Stock

According to Spark, TipRanks’ AI Analyst, TSE:GOH is a Underperform.

GoldHaven Resources faces significant financial challenges with ongoing losses and negative cash flows, which weigh heavily on its overall stock score. The technical analysis indicates a bearish trend, further affecting its near-term outlook. While recent corporate events suggest potential improvements through exploration efforts, the immediate financial and technical weaknesses dominate the stock’s overall assessment.

To see Spark’s full report on TSE:GOH stock, click here.

Private Placements and FinancingBusiness Operations and Strategy
GoldHaven Resources Streamlines Corporate Structure
Neutral
Apr 8, 2025

GoldHaven Resources Corp. has completed a corporate reorganization aimed at simplifying its structure, enabling flow-through financings, and reducing administrative costs. The reorganization involved amalgamations with its subsidiaries and did not affect the company’s share capital or listing on the Canadian Securities Exchange.

Spark’s Take on TSE:GOH Stock

According to Spark, TipRanks’ AI Analyst, TSE:GOH is a Underperform.

GoldHaven Resources is currently facing significant financial distress with negative income and cash flow. Technical indicators suggest a bearish trend. While recent corporate events, such as exploration initiatives and successful financing, offer a glimmer of hope, overall financial health and valuation remain weak.

To see Spark’s full report on TSE:GOH stock, click here.

Executive/Board ChangesBusiness Operations and Strategy
GoldHaven Resources Launches Exploration at Copeçal Gold Project in Brazil
Positive
Mar 25, 2025

GoldHaven Resources Corp. has initiated exploration activities at its Copeçal Gold Project in Mato Grosso, Brazil, by appointing Gustavo Rosa de Almeida as the local project geologist. The company plans to conduct a comprehensive exploration program, including 2,000 meters of Auger drilling on both the East and West targets, to better define gold anomalies and prepare for deeper diamond drilling. This initiative is expected to enhance GoldHaven’s position in the gold exploration sector and potentially increase stakeholder value by identifying significant gold deposits.

Financial DisclosuresRegulatory Filings and Compliance
GoldHaven Resources Files Q2 Interim Financials
Neutral
Mar 20, 2025

GoldHaven Resources Corp. has announced the filing of its unaudited interim consolidated financial statements and management discussion and analysis for the period ending January 31, 2025. This filing is a routine part of the company’s financial transparency and may impact stakeholders by providing insights into the company’s financial health and operational progress, potentially influencing investor confidence and market positioning.

Executive/Board ChangesBusiness Operations and Strategy
GoldHaven Resources Announces Leadership Change
Neutral
Feb 27, 2025

GoldHaven Resources Corp., a company involved in the mining sector, announced the resignation of its President and CEO, Mr. Bonn Smith. Chris Cooper, a director of the company with over 20 years of experience in corporate development and management, has been appointed as the Interim CEO. This leadership change is expected to leverage Mr. Cooper’s extensive experience in guiding companies through growth strategies and financial management, potentially impacting GoldHaven’s strategic direction and operational efficiency.

Business Operations and Strategy
GoldHaven Highlights Promising Gold Prospects at Copeçal Project
Positive
Feb 19, 2025

GoldHaven Resources has announced the significant gold potential of its Copeçal Gold Project in Brazil’s Juruena Gold Province. With a strategic location in a historically productive region and previous exploration by AngloGold Ashanti revealing multiple zones of gold mineralization, the project is poised for a promising diamond drill campaign. This development not only presents an opportunity for GoldHaven but also holds implications for the broader gold market, enhancing the region’s reputation as a key player in global gold production.

Private Placements and Financing
GoldHaven Resources Secures $1.54M Through Private Placement
Positive
Feb 14, 2025

GoldHaven Resources Corp. has successfully closed a non-brokered private placement, raising approximately $1.54 million through the issuance of over six million units. Each unit consists of one common share and a warrant, with notable insider participation from the CEO and CFO. The company plans to utilize the net proceeds for exploration, administrative expenses, and general working capital, potentially enhancing its exploration capabilities and market presence.

Business Operations and Strategy
GoldHaven Advances Copeçal Gold Project in Brazil
Positive
Feb 10, 2025

GoldHaven Resources has announced significant progress on its Copeçal Gold Project in northern Mato Grosso, Brazil, which is considered a promising gold exploration property. The project builds upon historic exploration work conducted by AngloGold Ashanti, highlighting strong potential for gold mineralization. Key activities have identified two major gold anomalies, confirmed gold-bearing structures at depth, and reinforced the geological understanding of the site, positioning GoldHaven to capitalize on this promising opportunity.

Business Operations and Strategy
GoldHaven Resources Enhances Market Liquidity with ITG Partnership
Neutral
Feb 7, 2025

GoldHaven Resources Corp. has engaged Independent Trading Group (ITG) to provide market-making services to enhance the liquidity of its common shares, subject to regulatory approval. This strategic move aims to maintain a reasonable market for its shares across various trading venues, potentially boosting the company’s visibility and investor engagement. The agreement with ITG is structured as a monthly renewable contract with a compensation of CAD$6,000 per month, highlighting GoldHaven’s commitment to improving its market positioning without performance-based incentives.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.