Great Atlantic Resources (GR) AI Stock Analysis

• Market Cap: C$2.85M
• Dividend Yield: N/A
• Average Volume (3M): 31.03K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.21
• Revenue Growth: N/A
• EPS Growth: 34.31%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.04
• Shares Outstanding: 56,989,666
• 10 Day Avg. Volume: 8,893
• 30 Day Avg. Volume: 31,034
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -1.00
• 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

Great Atlantic Resources is primarily weighed down by severe financial instability and overvaluation concerns. However, recent corporate events like acquisitions and promising mineral discoveries offer a glimmer of potential for future improvement. Technical analysis suggests moderate momentum but with caution due to possible volatility.

Great Atlantic Resources Business Overview & Revenue Model

Company Description

Great Atlantic Resources (GR) is a Canadian exploration company focused on the discovery and development of mineral properties in Atlantic Canada. The company primarily operates in the precious and base metals sectors, with a strong emphasis on gold, silver, and antimony exploration. Great Atlantic Resources is committed to advancing its portfolio of properties through strategic exploration programs and partnerships, aiming to increase shareholder value by identifying and developing economically viable mineral resources.

How the Company Makes Money

Great Atlantic Resources generates revenue primarily through the exploration and development of its mineral properties. The company invests in exploration activities to identify potential mineral deposits and subsequently seeks to monetize these assets through partnerships, joint ventures, or outright sales to larger mining companies. Additionally, Great Atlantic Resources may earn revenue by entering into option agreements, where other companies pay for the right to acquire an interest in their properties. The company's value proposition is significantly influenced by the market demand for the minerals it explores, particularly gold and silver, which can impact the potential financial returns from its projects.

Great Atlantic Resources Financial Statement Overview

Summary

Great Atlantic Resources exhibits significant financial distress across all key verticals. Persistent losses, high leverage, and negative equity highlight severe financial instability, raising concerns about its operational viability.

Income Statement

The income statement shows consistent revenue absence with negative gross profit and net losses. EBIT and EBITDA margins are deeply negative, indicating significant operational challenges.

Balance Sheet

The balance sheet reflects a negative stockholders' equity, suggesting insolvency risks. High debt-to-equity ratio and negative equity ratio indicate substantial financial instability.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, with heavy reliance on financing activities. The company struggles with cash generation, posing concerns over sustainability.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-112.28K	-229.81K	-250.04K	-166.86K	-73.34K	-72.33K
	EBIT
-1.66M	-2.67M	-3.11M	-3.64M	-2.34M	-1.38M
	EBITDA
-1.72M	-2.37M	-3.00M	-3.60M	-2.17M	-1.43M
	Net Income Common Stockholders
-2.10M	-2.69M	-3.27M	-3.78M	-2.26M	-1.51M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
115.87K	4.52K	23.89K	1.01M	1.37M	123.00K
	Total Assets
171.32K	422.51K	1.80M	2.94M	1.75M	485.68K
	Total Debt
0.00	435.48K	407.51K	62.41K	136.44K	374.38K
	Net Debt
-115.87K	434.02K	407.03K	-831.40K	-1.06M	368.07K
	Total Liabilities
181.72K	2.42M	1.15M	352.30K	255.05K	764.27K
	Stockholders Equity
-10.40K	-2.00M	651.78K	2.59M	1.49M	-278.59K
Cash Flow		Free Cash Flow
-1.86M	-664.94K	-2.27M	-5.85M	-2.16M	-1.26M
	Operating Cash Flow
-1.85M	-655.57K	-2.27M	-4.34M	-2.16M	-1.26M
	Investing Cash Flow
-9.37K	-9.37K	99.77K	-1.51M	37.22K	0.00
	Financing Cash Flow
1.86M	665.92K	1.28M	5.55M	3.31M	1.26M

Great Atlantic Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.05
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GR, the sentiment is Positive. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.42 is Neutral, neither overbought nor oversold. The STOCH value of -16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GR.

Great Atlantic Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BTO	66 Neutral	$5.37B	―	-18.54%	4.59%	-0.18%	-2195.85%
Sector *	47 Neutral	$2.43B	-3.06	-22.76%	3.59%	4.02%	-29.07%
NFG	39 Underperform	C$318.97M	―	-76.48%	―	―	41.94%
GR	38 Underperform	C$2.85M	―	134.74%	―	―	34.31%
BTR	31 Underperform	C$35.88M	―	-91.29%	―	―	7.15%
FPC	30 Underperform	C$59.31M	―	-7.12%	―	―	-9.60%

Great Atlantic Resources Corporate Events

Great Atlantic Expands with Nashwaak Lake Tungsten Property Acquisition

Great Atlantic Resources Corp has acquired a 100% interest in the Nashwaak Lake Tungsten Property in western New Brunswick, strategically located near Northcliff Resources Ltd’s Sisson Project. This acquisition is significant for Great Atlantic as the property shows promising tungsten mineralization, bolstering the company’s portfolio and potentially enhancing its market position in the tungsten mining sector.

Great Atlantic Reports Promising Gold and Copper Results at Golden Promise

Great Atlantic Resources Corp. has reported significant findings from its 2024 rock sampling program at the Golden Promise Property, revealing highly anomalous gold and copper values. Eleven of thirteen samples from two trench sites showed notable gold concentrations, with highlights including a boulder sample with 0.964 g/t gold and another sample with over 1% copper, indicating promising potential for future mining operations.

Great Atlantic Resources Unveils High-Grade Gold Discovery at Golden Promise

Great Atlantic Resources Corp. has reported high-grade gold findings from its eighth drill hole at the Jaclyn Main Zone of its Golden Promise Gold Property. The drilling revealed two significant gold veins, with one yielding 42.70 g/t gold over 0.82 meters and the other producing 39.18 g/t gold over 0.52 meters. This development is part of a fully funded drilling program, consisting of eight cross-cutting drill holes completed in late 2024, targeting potential areas for a 2025 bulk sample extraction in collaboration with Novamera Inc. The results could enhance the company’s operational capacity and market positioning within the gold mining industry.

Great Atlantic Unveils High-Grade Gold Discoveries at Newfoundland Property

Great Atlantic Resources has announced promising results from its diamond drilling program at the Golden Promise Gold Property in central Newfoundland. The sixth and seventh holes of the program have intersected high-grade gold, with significant visible gold observed in quartz veins. These findings bolster the company’s plans to extract a bulk sample from the Jaclyn Main Zone in 2025, marking a critical step forward in their exploration efforts.

Great Atlantic Resources Reports Promising Drill Results at Golden Promise Property

Great Atlantic Resources Corp. has announced significant results from the fifth drill hole of its 2024 diamond drilling program at the Golden Promise Gold Property in central Newfoundland. The results revealed two gold-bearing veins with notable concentrations, which are part of the Jaclyn Main Zone where a bulk sample extraction is planned for 2025. These findings could enhance the company’s operational prospects and market positioning within the gold mining sector.