Goldrea Resources (GOR) AI Stock Analysis

• Market Cap: C$5.79M
• Dividend Yield: N/A
• Average Volume (3M): 66.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.01
• Revenue Growth: N/A
• EPS Growth: -20.83%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 144,866,100
• 10 Day Avg. Volume: 127,777
• 30 Day Avg. Volume: 66,796
• PEG Ratio: 0.15
• Price to Book (P/B): -3.02
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.30
• 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: 34 Underperform
• Price Target: ―

Goldrea Resources faces severe financial distress, with zero revenue and persistent losses leading to a low financial performance score. The technical analysis reflects bearish sentiment, and the negative P/E ratio highlights valuation concerns. While the recent private placement might offer some operational relief, the company's precarious financial health and negative market momentum heavily weigh down the overall score.

Positive Factors

Private Placement

The recent private placement provides necessary capital for exploration activities, potentially enhancing operational capabilities and market positioning.

Exploration Focus

The company's strategic focus on exploration and development in promising geological regions positions it to capitalize on potential mineral discoveries, supporting long-term growth.

Industry Position

Operating in North America, a region with rich mineral deposits, provides strategic advantages in accessing valuable resources and leveraging industry expertise.

Negative Factors

Financial Distress

The lack of revenue and ongoing losses highlight severe financial distress, raising concerns about the company's ability to sustain operations without significant improvement.

Negative Equity

Negative equity suggests financial instability, as liabilities exceed assets, posing risks to long-term solvency and operational sustainability.

Cash Flow Challenges

Persistent negative cash flows highlight liquidity challenges, with reliance on external financing raising sustainability concerns and limiting financial flexibility.

Goldrea Resources Business Overview & Revenue Model

Company Description

Goldrea Resources Corp. acquires, explores for, and develops mineral properties in Canada and the United States. It explores for gold, copper, silver, platinum, palladium, and nickel deposits. The company's flagship property is its owned 100% in the Cannonball property covering an area of 1,510 hectares located in northwestern British Columbia. Goldrea Resources Corp. was incorporated in 1981 and is based in Vancouver, Canada.

How the Company Makes Money

Goldrea Resources makes money through the exploration and development of mineral properties, primarily by identifying and acquiring promising sites, conducting exploration activities to determine the viability of extracting resources, and then either developing these properties into productive mines or selling interests in these properties to other mining companies. Revenue is generated through the sale of mined resources, joint ventures with other mining entities, or selling exploration rights. The company's earnings are significantly influenced by the market prices of gold and other minerals, as well as their ability to efficiently manage exploration and development costs.

Goldrea Resources Financial Statement Overview

Summary

Goldrea Resources exhibits a precarious financial position, characterized by zero revenue and persistent losses. The balance sheet shows negative equity and high leverage, raising solvency concerns. Cash flow analysis points to chronic liquidity issues, with operations unable to generate positive cash flows. Overall, the company's financial health is weak, with significant risks in maintaining operations without a turnaround.

Income Statement

The company reports zero revenue, indicating a significant challenge in generating sales. Consistently negative net incomes and EBIT margins highlight ongoing losses. The absence of revenue growth further exacerbates the financial outlook, reflecting a struggling operational capacity.

Balance Sheet

The balance sheet reveals a negative stockholders' equity, indicating potential solvency issues. With total liabilities exceeding total assets, the company is highly leveraged and faces financial instability. Positive cash and cash equivalents slightly mitigate risk but are insufficient to cover existing liabilities.

Cash Flow

The company consistently reports negative free cash flows, indicating a lack of operational cash generation. Despite some financing inflows covering cash deficits, reliance on external financing poses sustainability concerns. Operating cash flow is consistently negative, underscoring liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-195.00	-348.00	-468.00	-441.00	-790.00	-1.08K
EBITDA	-217.11K	-198.00K	-250.52K	-145.43K	-221.30K	-334.66K
Net Income	-217.31K	-213.00K	-266.84K	-679.56K	-648.39K	-653.13K
Balance Sheet
Total Assets	299.65K	24.89K	39.02K	71.03K	543.90K	150.06K
Cash, Cash Equivalents and Short-Term Investments	181.64K	6.83K	7.50K	35.03K	240.31K	94.03K
Total Debt	0.00	0.00	43.07K	0.00	0.00	0.00
Total Liabilities	235.12K	312.73K	245.03K	172.90K	198.98K	199.02K
Stockholders Equity	64.53K	-287.84K	-206.02K	-101.86K	344.92K	-48.96K
Cash Flow
Free Cash Flow	-348.66K	-84.40K	-227.19K	-704.74K	-518.75K	-320.30K
Operating Cash Flow	-348.67K	-84.40K	-227.19K	-205.54K	-328.59K	-266.61K
Investing Cash Flow	-98.25K	0.00	-4.56K	-239.20K	-435.28K	-17.99K
Financing Cash Flow	657.52K	83.73K	204.23K	239.46K	926.64K	341.70K

Goldrea Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 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:GOR, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 58.93 is Neutral, neither overbought nor oversold. The STOCH value of 38.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GOR.

Goldrea 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%
CBI	51 Neutral	C$10.24M	-6.78	-38.11%	―	―	25.69%
GNG	51 Neutral	C$2.54M	-10.45	―	―	―	-495.41%
ASHL	49 Neutral	C$5.34M	―	-81.50%	―	―	―
GQ	44 Neutral	C$4.17M	-1.27	-9999.00%	―	―	-17.96%
GR	43 Neutral	C$4.58M	-1.64	―	―	―	-39.62%
GOR	34 Underperform	C$5.79M	-15.52	―	―	―	-20.83%

Goldrea Resources Corporate Events

Goldrea Resources Appoints New Chief Financial Officer

Goldrea Resources Corp. has announced the immediate resignation of Chief Financial Officer Olumuyiwa Ogunlaiye and the appointment of Afolabi Adegbayo as the company’s new CFO. Adegbayo brings more than two decades of experience in financial reporting, planning, audit management and senior finance roles across multiple sectors, including financial services, consumer, oil and gas, and energy, and holds a CPA designation and a management and accounting degree. Management highlights that his appointment is intended to strengthen Goldrea’s financial structure and support the company’s ongoing corporate development efforts.

Goldrea Resources Amends Private Placement Amounts

Goldrea Resources Corp. has amended the amounts for its second tranche of a non-brokered private placement, selling 8,334,000 flow-through units for gross proceeds of $200,016. Each unit includes one common share and half a share purchase warrant with a three-year exercise period at five cents. This adjustment in the private placement reflects the company’s ongoing efforts to secure funding for its exploration activities, potentially impacting its operational capabilities and market positioning.

Goldrea Resources Strengthens Board with New Director Appointment

Goldrea Resources Corp. has appointed Jean-David Moore to its Board of Directors. With over two decades of experience in the mining sector and substantial interests in numerous junior mining companies, Moore’s expertise is expected to bolster Goldrea’s strategic efforts in the Golden Triangle. His appointment comes as the company aims to capitalize on the region’s potential for significant discoveries, leveraging Moore’s extensive background in forestry engineering and resource development.

Goldrea Resources Closes Second Tranche of Oversubscribed Private Placement

Goldrea Resources Corp. has announced the closing of a second tranche of its oversubscribed private placement, raising $188,016 through the sale of flow-through units. The proceeds will be used to fund exploration activities in the Golden Triangle, BC, with the issuance of common shares and warrants to investors, including insider participation under regulatory exemptions.

Goldrea Resources Secures $433,746 in Oversubscribed Private Placement

Goldrea Resources Corp. announced the closing of the first tranche of its oversubscribed private placement, raising $433,746 through the sale of 24,097,000 units. The funds will be used for the exploration of the company’s mineral properties and general administrative expenses, reflecting a strategic move to bolster its operational capabilities and market presence.

Goldrea Resources Announces $400,000 Private Placement to Fund Exploration

Goldrea Resources Corp. has announced a non-brokered private placement to raise up to $400,000. The funds will be used to finance the company’s exploration program and cover general administration expenses. This move is expected to bolster Goldrea’s operational capabilities and support its strategic objectives in the mining sector.