Gold Springs Resource (TSE:GRC)
TSX:GRC
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Gold Springs Resource
(TSX:GRC)
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Rating:51Neutral
Price Target:
C$0.11
▲(32.50% Upside)
Action:ReiteratedDate:01/24/26
The score is primarily held back by weak financial performance—pre-revenue operations with ongoing losses and negative free cash flow—despite a very low-debt balance sheet that reduces solvency risk. Technicals are a near-term positive with price above major moving averages and a positive MACD, but valuation remains constrained by lack of profitability and no dividend support.
Positive Factors
Very low leverage
Exceptionally low debt materially reduces solvency risk and provides the company flexibility to fund exploration or technical studies without near-term debt pressure. This structural balance-sheet strength improves optionality for joint ventures or staged financing over the next 2–6 months.
Negative Factors
Pre-revenue operations
The company's value and cash generation hinge on advancing the Gold Springs asset rather than operating revenue. Persistent pre-revenue status means ongoing funding needs and execution risk for project milestones, creating structural dependence on capital markets or partner transactions.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Exceptionally low debt materially reduces solvency risk and provides the company flexibility to fund exploration or technical studies without near-term debt pressure. This structural balance-sheet strength improves optionality for joint ventures or staged financing over the next 2–6 months.
Read all positive factors
Gold Springs Resource (GRC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$25.47M
Dividend YieldN/A
Average Volume (3M)34.64K
Price to Earnings (P/E)―
Beta (1Y)0.69
Revenue GrowthN/A
EPS Growth11.43%
CountryCA
Employees1
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding283,013,500
10 Day Avg. Volume15,061
30 Day Avg. Volume34,636
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.48
Price to Sales (P/S)0.00
P/FCF Ratio-46.38
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
Gold Springs Resource Business Overview & Revenue Model
Company Description
Gold Springs Resource Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. The company primarily explores for gold and silver deposits. It holds a 100% interest in the Gold Springs gold-silver ...
How the Company Makes Money
Gold Springs Resource makes money primarily through the exploration and development of mineral resources, specifically focusing on gold and silver deposits. The company's revenue model is centered around the discovery and advancement of mining pro...
Gold Springs Resource Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
74
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -38.90K | 0.00 | 0.00 | -53.78K | -40.88K | -26.33K |
| EBITDA | -555.60K | -497.00K | -539.00K | -1.02M | -1.48M | -857.67K |
| Net Income | -638.96K | -677.00K | -642.00K | -1.17M | 1.12M | -1.35M |
Balance Sheet | ||||||
| Total Assets | 26.94M | 26.18M | 25.80M | 25.78M | 25.17M | 23.72M |
| Cash, Cash Equivalents and Short-Term Investments | 13.92K | 36.01K | 84.58K | 278.02K | 3.82M | 1.60M |
| Total Debt | 28.73K | 27.80K | 30.24K | 29.53K | 31.55K | 31.42K |
| Total Liabilities | 2.67M | 1.47M | 597.30K | 1.44M | 587.78K | 756.91K |
| Stockholders Equity | 24.27M | 24.71M | 25.20M | 24.34M | 24.58M | 22.96M |
Cash Flow | ||||||
| Free Cash Flow | -313.09K | -253.82K | -1.58M | -623.75K | -1.18M | -1.01M |
| Operating Cash Flow | -313.09K | -253.82K | -408.86K | -460.02K | -942.34K | -942.31K |
| Investing Cash Flow | -903.55K | -559.35K | -1.23M | -3.54M | 3.16M | -1.35M |
| Financing Cash Flow | 1.19M | 763.55K | 1.46M | 530.94K | 114.84K | 52.27K |
Gold Springs Resource Technical Analysis
Positive
0.08
Price Trends
0.10
Negative
0.09
Positive
0.09
Positive
Market Momentum
>-0.01
Positive
49.97
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GRC, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.10, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.97 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GRC.
Gold Springs Resource 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% | |
51 Neutral | C$25.47M | -24.04 | -2.66% | ― | ― | 11.43% | |
47 Neutral | C$22.08M | -26.62 | -18.67% | ― | ― | -98.99% | |
47 Neutral | C$63.23M | -3.32 | -30.30% | ― | ― | -296.61% | |
46 Neutral | C$29.34M | -5.21 | -182.71% | ― | ― | 44.39% |
* Basic Materials Sector Average
TSE:GRC
Gold Springs Resource
0.09
0.02
38.46%
TSE:GMV
GMV Minerals
0.18
0.06
50.00%
TSE:DLTA
Delta Resources
0.22
0.04
19.44%
TSE:PRG
Precipitate Gold
0.49
0.40
506.25%
TSE:CVB
Compass Gold
0.19
0.00
0.00%
TSE:PINN
Pinnacle Silver and Gold
0.12
0.08
200.00%
Gold Springs Resource Corporate Events
Financial Disclosures
Gold Springs Resource Corp. Reports Q3 2025 Financial Results
Negative
Nov 13, 2025
Gold Springs Resource Corp. released its unaudited financial statements for Q3 2025, reporting a slight decrease in general and administrative expenses and an increase in exploration spending due to drilling activities. The company reported a net ...
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.