Gold Springs Resource (GRC) AI Stock Analysis

• Market Cap: C$22.64M
• Dividend Yield: N/A
• Average Volume (3M): 34.64K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.79
• Revenue Growth: N/A
• EPS Growth: 11.43%
• Country: CA
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 283,013,500
• 10 Day Avg. Volume: 15,061
• 30 Day Avg. Volume: 34,636
• PEG Ratio: 0.00
• Price to Book (P/B): 0.48
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -46.38
• 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: 43 Neutral
• Price Target: C$0.07 ▼(-10.00% Downside)

The score is primarily weighed down by weak financial performance (no revenue, ongoing losses, and persistent cash burn), partially offset by a low-debt balance sheet. Technicals also remain soft with the stock trading below key moving averages and negative MACD, while valuation is constrained by negative earnings and no dividend yield support.

Positive Factors

Stable Asset Base

A strong equity ratio suggests that the company has a stable asset base, which can provide a foundation for future growth and financial stability.

Low Debt Levels

Low debt levels reduce financial risk and interest obligations, allowing the company to focus resources on exploration and development activities.

Focus on Exploration

Increased exploration spending indicates a commitment to discovering new resources, which is crucial for long-term growth in the mining sector.

Negative Factors

Negative Cash Flow

Persistent negative cash flow indicates ongoing liquidity challenges, which can hinder the company's ability to fund operations and growth initiatives.

Inability to Generate Revenue

The lack of revenue generation poses a significant risk to financial health, limiting the company's ability to sustain operations without external funding.

Low Cash Reserves

Critically low cash reserves limit financial flexibility and increase the risk of insolvency, impacting the company's ability to invest in future projects.

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 project covering approximately 7,800 hectares located in eastern Lincoln County, Nevada, and western Iron County, Utah. The company was formerly known as TriMetals Mining Inc. and changed its name to Gold Springs Resource Corp. in November 2019. Gold Springs Resource Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

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 projects that can be sold or developed into producing mines. Key revenue streams include the sale of mineral rights, joint ventures, and partnerships with larger mining companies who may fund exploration in exchange for a stake in the project. Additionally, the company may generate income from any future production of gold and silver from its properties. Strategic partnerships, along with favorable market conditions for precious metals, significantly contribute to GRC's earnings potential.

Gold Springs Resource Financial Statement Overview

Summary

Gold Springs Resource is facing severe financial difficulties due to its inability to generate revenue, leading to ongoing losses and negative cash flows. The balance sheet shows a reliance on equity over debt, but the lack of profit generation and liquidity challenges are significant concerns.

Income Statement

Gold Springs Resource has consistently reported zero revenue, leading to negative gross profit, EBIT, and net income margins. The company's inability to generate revenue poses a significant risk to its financial health. Although some expense management is evident, the overall financial performance remains weak.

Balance Sheet

Despite positive stockholders' equity, the company's balance sheet reveals a reliance on equity over debt, as reflected by a low debt-to-equity ratio. However, the company is not generating returns due to persistent net losses, which negatively impact its return on equity. The equity ratio is strong, indicating a stable asset base, but profitability is lacking.

Cash Flow

Operating cash flow remains negative, and free cash flow is consistently poor due to the absence of revenue. The company's cash flow from financing activities reflects continued reliance on external funding. Free cash flow to net income ratios cannot offset the lack of operating cash flow, indicating potential liquidity risks.

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	-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

• Technical Analysis Sentiment: Negative
• Last Price: 0.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GRC, the sentiment is Negative. The current price of 0.08 is above the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.08, and below the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.34 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 Negative sentiment for TSE:GRC.

Gold Springs Resource 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%
GMV	48 Neutral	C$25.96M	-13.20	-18.67%	―	―	-98.99%
PRG	47 Neutral	C$29.98M	-19.83	-30.77%	―	―	-296.61%
GRC	43 Neutral	C$22.64M	-25.81	-2.66%	―	―	11.43%
DLTA	43 Neutral	C$21.71M	-4.75	-331.35%	―	―	44.39%

Gold Springs Resource Corporate Events

Gold Springs Resource Corp. Reports Q3 2025 Financial Results

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 loss of $0.48 million for the nine months ending September 30, 2025, with cash reserves of $0.01 million, highlighting ongoing financial challenges and the need for careful management to sustain operations.