Great Atlantic Resources Corp (TSE:GR)
:GR
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Great Atlantic Resources
(GR)
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Rating:42Neutral
Price Target:
C$0.09
▲(7.50% Upside)
Action:ReiteratedDate:03/26/26
The score is primarily held down by very weak financial performance (no revenue, ongoing losses/cash burn, and materially negative equity). Technicals also reflect soft momentum (negative MACD, sub-neutral RSI, and price below key moving averages). Positive exploration/partner activity provides some upside optionality but is not yet supported by financial traction, and valuation support is limited given losses and no dividend.
Positive Factors
Partner-funded Exploration
Option agreements and partner-led programs shift exploration costs to third parties, reducing the firm's capital burden. This durable structural benefit preserves cash, extends operational runway, and lets the company advance prospects without needing immediate revenue or heavy balance-sheet funding.
Negative Factors
No Revenue / Ongoing Losses
The company reports no operating revenue and sustained net losses, leaving no internal earnings to fund exploration or development. Over the medium term this forces reliance on external financing, limits reinvestment capacity, and increases execution risk if capital markets tighten.
Read all positive and negative factors
Positive Factors
Negative Factors
Partner-funded Exploration
Option agreements and partner-led programs shift exploration costs to third parties, reducing the firm's capital burden. This durable structural benefit preserves cash, extends operational runway, and lets the company advance prospects without needing immediate revenue or heavy balance-sheet funding.
Read all positive factors
Great Atlantic Resources (GR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$6.31M
Dividend YieldN/A
Average Volume (3M)210.78K
Price to Earnings (P/E)―
Beta (1Y)1.35
Revenue GrowthN/A
EPS Growth-39.62%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.02
Shares Outstanding66,377,690
10 Day Avg. Volume338,207
30 Day Avg. Volume210,780
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)-0.59
Price to Sales (P/S)0.00
P/FCF Ratio-1.64
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Great Atlantic Resources Business Overview & Revenue Model
Company Description
Great Atlantic Resources Corp., an exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Atlantic Canada region. It explores for gold, silver, lead, zinc, tungsten, antimony, copper, nickel, cobalt, ...
How the Company Makes Money
Great Atlantic Resources generates revenue by advancing mineral exploration programs and selling or licensing mineral claims, properties, or discoveries to larger mining companies or investors. The company may also generate income through joint ve...
Great Atlantic Resources Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | May 2024 | May 2023 | May 2022 | May 2021 | May 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -85.35K | -95.83K | -230.00K | -250.00K | -167.00K | -73.34K |
| EBITDA | -2.67M | -1.95M | -2.37M | -3.00M | -3.60M | -2.27M |
| Net Income | -3.28M | -2.38M | -2.69M | -3.27M | -3.78M | -2.27M |
Balance Sheet | ||||||
| Total Assets | 314.37K | 364.89K | 422.51K | 1.80M | 2.94M | 1.75M |
| Cash, Cash Equivalents and Short-Term Investments | 6.88K | 3.96K | 4.52K | 23.89K | 1.01M | 1.37M |
| Total Debt | 1.49M | 695.07K | 435.48K | 407.51K | 62.41K | 136.44K |
| Total Liabilities | 6.14M | 4.40M | 2.42M | 1.15M | 352.30K | 255.05K |
| Stockholders Equity | -5.83M | -4.04M | -2.00M | 651.78K | 2.59M | 1.49M |
Cash Flow | ||||||
| Free Cash Flow | -1.56M | -1.46M | -664.94K | -2.27M | -5.85M | -2.16M |
| Operating Cash Flow | -1.56M | -1.46M | -655.57K | -2.27M | -4.34M | -2.16M |
| Investing Cash Flow | 0.00 | 0.00 | -9.37K | 99.77K | -1.51M | 37.22K |
| Financing Cash Flow | 1.56M | 1.46M | 665.92K | 1.28M | 5.55M | 3.31M |
Great Atlantic Resources Technical Analysis
Negative
0.08
Price Trends
0.12
Negative
0.10
Negative
0.11
Negative
Market Momentum
>-0.01
Negative
45.78
Neutral
76.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GR, the sentiment is Negative. The current price of 0.08 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.12, and below the 200-day MA of 0.11, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.78 is Neutral, neither overbought nor oversold. The STOCH value of 76.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GR.
Great Atlantic Resources Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
60 Neutral | C$27.23M | 0.93 | 14.20% | ― | 16.85% | ― | |
50 Neutral | C$7.53M | -9.05 | -284.00% | ― | ― | -202.42% | |
46 Neutral | C$5.79M | -16.58 | -8.50% | ― | ― | 83.68% | |
44 Neutral | C$4.54M | -13.39 | -4.20% | ― | ― | 95.92% | |
43 Neutral | C$13.05M | -11.99 | -5.30% | ― | ― | ― | |
42 Neutral | C$6.31M | -0.89 | ― | ― | ― | -39.62% |
* Basic Materials Sector Average
TSE:GR
Great Atlantic Resources
0.10
0.05
90.00%
TSE:SRI
Sparton Resources
0.03
<0.01
25.00%
TSE:PER
Peruvian Metals
0.19
0.17
825.00%
TSE:GLM
Golden Lake Exploration
0.12
0.09
283.33%
TSE:ETR
Etruscus Corp
0.09
0.00
0.00%
TSE:NLR
Northern Lights Resources
0.11
0.09
450.00%
Great Atlantic Resources Corporate Events
Business Operations and Strategy
Great Atlantic Highlights Partner-Driven Expansion and Planned Drilling at Pilley’s Island VMS Project
Positive
Mar 19, 2026
Great Atlantic Resources reported that its partner HM Exploration is advancing exploration at the Pilley’s Island base and precious metal project in north-central Newfoundland, including expanding its land position through the acquisition of...
Business Operations and Strategy
Great Atlantic Launches 2026 Exploration at Glenelg Gold–Antimony–Vanadium Project
Positive
Mar 16, 2026
Great Atlantic Resources has launched its 2026 exploration program at the Glenelg Gold–Antimony–Vanadium property in southwest New Brunswick, concentrating on zones where previous rock sampling identified gold, antimony, vanadium, lith...
Business Operations and StrategyM&A Transactions
Great Atlantic Options Mount Raymond Critical Metals Property to Slam Exploration
Positive
Mar 4, 2026
Great Atlantic Resources has granted Slam Exploration an option to earn a 100% interest in its Mount Raymond South cobalt-copper-nickel-vanadium property in northern New Brunswick. The 175-hectare property hosts documented near-surface mineralizat...
Business Operations and Strategy
Great Atlantic Plans Major 2026 Exploration Program at Keymet Silver Project in New Brunswick
Positive
Feb 25, 2026
Great Atlantic Resources plans a comprehensive 2026 exploration campaign at its 100%-owned Keymet Project in northern New Brunswick, centered on the historic Keymet Silver Mine, Elmtree Silver Mine and the Elmtree 12 vein system. The 3,340-hectare...
Business Operations and Strategy
Great Atlantic Reports New Gold Discoveries at Glenelg Property in New Brunswick
Positive
Feb 18, 2026
Great Atlantic Resources has reported new bedrock gold discoveries from its 2025 prospecting program at the Glenelg Gold-Antimony-Vanadium Property in southwest New Brunswick. Grab samples from two separate outcrops in the south-central and southe...
Business Operations and Strategy
Great Atlantic Reports New Gold Discoveries at Glenelg Property in New Brunswick
Positive
Feb 18, 2026
Great Atlantic Resources reported new gold discoveries from its 2025 prospecting program at the Glenelg Property in southwest New Brunswick, including a grab sample grading 1.72 g/t gold from a fault zone in bedrock and another sample grading 0.73...
Business Operations and Strategy
Great Atlantic Confirms 900-Meter Cobalt Anomaly at Kagoot Brook Property
Positive
Feb 11, 2026
Great Atlantic Resources reported new stream sediment sampling results from its 100%-owned Kagoot Brook Cobalt Property in northern New Brunswick, confirming a 900-meter-long section of cobalt anomalies along an eastern tributary. Ten of eleven 20...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.