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Goliath Resources
(GOT)
Goliath Resources (GOT) vs. iShares MSCI Canada ETF (EWC)
Goliath Resources Business Overview & Revenue Model
Goliath Resources Financial Statement Overview
| Breakdown | TTM | Sep 2025 | Jun 2024 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -31.70K | -111.79K | -108.04K | 0.00 | 0.00 | 0.00 |
| EBITDA | -25.18M | -30.86M | -24.98M | -20.97M | -13.52M | -5.81M |
| Net Income | -26.94M | -30.97M | -25.09M | -20.97M | -13.47M | -5.84M |
Balance Sheet | ||||||
| Total Assets | 52.79M | 45.25M | 4.65M | 9.98M | 14.86M | 5.93M |
| Cash, Cash Equivalents and Short-Term Investments | 49.38M | 43.40M | 3.14M | 9.09M | 13.55M | 5.24M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 12.17M | 11.92M | 1.25M | 3.86M | 642.57K | 459.77K |
| Stockholders Equity | 40.62M | 33.32M | 3.40M | 6.12M | 14.22M | 5.47M |
Cash Flow | ||||||
| Free Cash Flow | -41.01M | -28.06M | -18.74M | -17.15M | -7.98M | -2.77M |
| Operating Cash Flow | -41.01M | -28.06M | -18.71M | -16.95M | -7.98M | -2.77M |
| Investing Cash Flow | 4.65M | 0.00 | -22.68K | -200.90K | 0.00 | 0.00 |
| Financing Cash Flow | 60.66M | 57.16M | 12.86M | 12.67M | 16.38M | 7.77M |
Goliath Resources Technical Analysis
Goliath Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | C$282.75M | 597.10 | 2.21% | ― | 694.29% | ― | |
49 Neutral | C$382.14M | -102.28 | -5.28% | ― | ― | -71.82% | |
45 Neutral | C$446.95M | -9.37 | -151.33% | ― | ― | -198.87% | |
44 Neutral | C$274.69M | -26.97 | -90.85% | ― | ― | 26.29% | |
43 Neutral | C$396.25M | -55.40 | -4.59% | ― | ― | -14.43% | |
43 Neutral | C$216.32M | -7.09 | -19.58% | ― | ― | -34.83% |
Goliath Resources Corporate Events
Goliath Resources has secured full ownership of its Golddigger Property in British Columbia’s Golden Triangle, issuing 3,000,000 common shares to the J2 Syndicate to acquire the remaining 51% interest and consolidate 100% control over the high-grade Surebet gold discovery. The company also reduced the net smelter return royalty on the property by buying down 1% of the existing 3% NSR, while revising key terms of its option agreement, including timing and thresholds for future mineral resource estimates and related contingent payments.
In a separate development, Goliath confirmed it will not extend the expiry date of 2,590,673 common share purchase warrants held by McEwen Inc., after the TSX Venture Exchange declined approval under its acquisition policies. Those warrants, with a strike price of $2.50, are now set to expire on March 10, 2026, which may modestly affect McEwen’s future equity participation but leaves Goliath’s current capital plans for drilling and exploration intact.
The most recent analyst rating on (TSE:GOT) stock is a Sell with a C$2.00 price target. To see the full list of analyst forecasts on Goliath Resources stock, see the TSE:GOT Stock Forecast page.
Goliath Resources Limited, a precious metals explorer in British Columbia’s Golden Triangle, is advancing large-scale drilling programs in a stable Canadian mining jurisdiction. Backed by high-profile investors and aligned with academic-industry initiatives through CASERM, the company is pursuing an aggressive exploration strategy aimed at unlocking value in its gold-focused portfolio.
The company has applied to the TSX Venture Exchange to extend by six months the expiry of 2,590,673 common share purchase warrants issued to McEwen Inc. as part of a C$10 million strategic private placement completed in March 2025. If approved, the warrants, exercisable at $2.50 per share, will now expire on September 10, 2026, preserving a key strategic investor’s potential ownership upside and signaling ongoing support for Goliath’s exploration and financing plans.
The most recent analyst rating on (TSE:GOT) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Goliath Resources stock, see the TSE:GOT Stock Forecast page.
Goliath Resources reported that incorporating silver, copper, lead and zinc into assays from its Surebet discovery increased overall gold-equivalent grades by an average 19.6% in 56 drill holes, with standout intercepts including 24.16 g/t AuEq over 7.00 meters. Across 110 holes from the 2025 season and more than 156,000 meters drilled to date, the company has expanded a vast stacked vein system that remains open and shows strong continuity, with 100% of holes intersecting gold mineralization and 92% displaying visible gold.
The company highlighted metallurgical test work showing strong recoveries for gold and base metals using simple gravity and flotation, and confirmed that all drill holes intersect substantial quartz‑sulphide mineralization across a 1.8 km² system. With high‑grade gold identified in three distinct rock packages and evidence pointing to a nearby magmatic “Motherlode” source, Goliath plans a fully funded 2026 drill program to further expand five main mineralized zones and vector toward the causative intrusive, reinforcing Surebet’s potential to become one of the most significant recent gold discoveries in the Golden Triangle.
The most recent analyst rating on (TSE:GOT) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Goliath Resources stock, see the TSE:GOT Stock Forecast page.
Goliath Resources reported updated gold-equivalent drill results from its Surebet discovery in British Columbia’s Golden Triangle, showing an average 13.2% increase in grade when silver, copper, lead and zinc are included in 54 holes. Multiple high-grade intercepts, including up to 10.83 g/t gold equivalent over 22.82 meters, underscore robust grades and widths across the system.
All drill holes completed to date at Surebet have intersected gold mineralization and substantial quartz-sulphide zones, confirming strong continuity across five main gold-rich zones and 46 mineralized lodes that remain open for expansion. The company plans a fully funded 2026 drill campaign focused on enlarging these zones and vectoring toward a potential “Motherlode” intrusive source, with assays from a further 56 holes still pending and expected to guide future exploration and value creation for stakeholders.
The most recent analyst rating on (TSE:GOT) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Goliath Resources stock, see the TSE:GOT Stock Forecast page.
Goliath Resources has upgraded its U.S. trading status from the OTCQB Venture Market to the higher-tier OTCQX Best Market, where it now trades under the symbol GOTRF, a move that underscores its adherence to stronger financial and governance standards and is expected to improve visibility among U.S. investors. The company’s flagship Golddigger property and Surebet discovery, which feature favorable metallurgy, strong infrastructure access, and ongoing research support through membership in leading mining-focused research consortium CASERM, position Goliath strategically within the Golden Triangle’s established precious metals district.
The Golddigger property benefits from proximity to tidewater, permitted mill infrastructure, road access, power, and nearby communities such as Alice Arm, Kitsault, Terrace, and Prince Rupert, enhancing potential development and logistics options. Goliath’s collaboration with CASERM has enabled advanced geoscience research on Surebet over the past three years, reinforcing its technical understanding of the deposit and its long-term exploration and development strategy in a globally recognized mining jurisdiction.
The most recent analyst rating on (TSE:GOT) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Goliath Resources stock, see the TSE:GOT Stock Forecast page.
Goliath Resources has been selected to showcase drill core from its Surebet high-grade gold discovery at PDAC 2026’s Core Shack, a prominent platform at the world’s leading mineral exploration and mining convention, highlighting the project’s technical merits to a global audience of investors and industry professionals. The invitation underscores growing industry interest in the Golddigger Property’s scale, continuity and metallurgy, and could strengthen Goliath’s visibility, financing prospects and strategic positioning within the competitive Golden Triangle exploration landscape, particularly given the project’s strong infrastructure access and proximity to major historical and current deposits.
The most recent analyst rating on (TSE:GOT) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Goliath Resources stock, see the TSE:GOT Stock Forecast page.
Goliath Resources has amended its option agreement with The J2 Syndicate to accelerate its ownership of the Golddigger property in British Columbia’s Golden Triangle from 49% to 100%, while cutting the net smelter royalty on the asset from 3% to 2% in exchange for issuing 3 million common shares, subject to TSX Venture Exchange approval. The revised terms also push back the deadline for publishing a maiden resource estimate to 2030, significantly reduce potential cash obligations tied to future resource size, and set out change-of-control provisions, together strengthening Goliath’s long-term economic interest in the high-grade Surebet gold discovery and providing greater flexibility in project advancement and potential corporate transactions.
The most recent analyst rating on (TSE:GOT) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Goliath Resources stock, see the TSE:GOT Stock Forecast page.
Goliath Resources has reported final gold-only assay results from 70 drill holes in its 2025 campaign at the Surebet project, confirming high-grade gold mineralization across five main zones, including standout intercepts such as 19.13 g/t gold over 6.10 meters in the Golden Gate Zone and 10.58 g/t gold over 8.30 meters in the Bonanza Zone. The company emphasizes that all drill holes to date have intersected gold, with 76% showing visible gold, significantly expanding the known extent and continuity of mineralization in 46 lodes that remain open, while 110 additional holes still await multi-element gold-equivalent assays and a fully funded 2026 drill program is planned to further grow these zones and target a potential intrusive “Motherlode” source, underscoring the project’s growing scale and importance for stakeholders.
The most recent analyst rating on (TSE:GOT) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Goliath Resources stock, see the TSE:GOT Stock Forecast page.
Goliath Resources Limited reported that all items at its January 14, 2026 annual and special shareholders’ meeting were approved, including the re-election of its board of directors, re-appointment of its auditor, re-approval and amendment of its omnibus equity incentive plan, and shareholder authorization for a share consolidation of up to seven old shares for one new share. Despite receiving shareholder approval, the board of directors chose not to proceed with the share consolidation, a decision that maintains the current share structure while the company advances its fully funded exploration programs and potentially positions itself to capitalize on forthcoming assay results and ongoing drilling in the Golden Triangle.
The most recent analyst rating on (TSE:GOT) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Goliath Resources stock, see the TSE:GOT Stock Forecast page.
Goliath Resources has been selected to showcase its core at the AME Roundup 2026 Core Shack in Vancouver and will also exhibit throughout the four-day AME Roundup conference, underscoring industry interest in its Surebet gold discovery at the Golddigger Property. In addition, the company will present and host booths at the Vancouver Resource Investment Conference and the Metals Investor Forum in January 2026, positioning itself prominently in front of investors, analysts and industry peers at a time of heightened attention to precious metals exploration plays in the Golden Triangle.
The most recent analyst rating on (TSE:GOT) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Goliath Resources stock, see the TSE:GOT Stock Forecast page.