New Copper DiscoveryThe discovery of new copper resources strengthens Geologica's asset portfolio, potentially enhancing its market position and future revenue streams.

Antimony Market PositionWith rising antimony prices due to export restrictions, Geologica's new targets could improve its strategic market position and value proposition.

Exploration FinancingThe financing initiative supports ongoing exploration, enabling Geologica to capitalize on its mineral projects and potentially increase future revenue.

Bears Say

Financial InstabilityOngoing financial instability and high leverage pose risks to Geologica's operations, limiting its ability to sustain long-term growth and profitability.

Negative Cash FlowPersistent negative cash flows indicate reliance on external financing, which can strain resources and hinder the company's financial flexibility.

High LeverageHigh leverage and negative equity raise solvency concerns, potentially impacting Geologica's ability to finance operations and invest in growth opportunities.

Geologica Resource Corp. News

Geologica Resource Corp. Changes Auditor to Enhance Financial Oversight

Geologica Resource Corp. ( ($TSE:GRCM) ) has issued an update. Geologica Resource Corp. has announced a change in...

9M ago

Geologica Resource Corp. Expands Gold Exploration in Atlin Gold Camp

The latest update is out from Geologica Resource Corp. ( ($TSE:GRCM) ). Geologica Resource Corp. has announced the...

10M ago

Geologica Resource Corp. Expands Gold Exploration in Atlin Gold Camp

An announcement from Geologica Resource Corp. ( ($TSE:GRCM) ) is now available. Geologica Resource Corp. has announced the...

11M ago

Geologica Resource Corp. Unveils Promising Gold Discovery at Lincoln Creek

The latest announcement is out from Geologica Resource Corp. ( ($TSE:GRCM) ). Geologica Resource Corp. has announced the...

12M ago

Geologica Resource Corp. Unveils New Copper Discovery at Topley

Geologica Resource Corp. ( ($TSE:GRCM) ) has shared an announcement. Geologica Resource Corp. has announced the discovery of...

1y ago

Geologica Resource Corp. Identifies New Antimony Targets Amid Rising Prices

Geologica Resource Corp. ( ($TSE:GRCM) ) has issued an announcement. Geologica Resource Corp. has identified new antimony targets...

1y ago

Geologica Resource Corp. Advances Antimony Exploration Amid Market Constraints

Geologica Resource Corp. ( ($TSE:GRCM) ) has shared an announcement. Geologica Resource Corp. has announced its plans to...

1y ago

GRCM

Geologica Resource Corp. Announces New Financing Initiative

Geologica Resource Corp. (TSE:GRCM) has released an update. Geologica Resource Corp. has announced a flow-through financing initiative, offering...

1y ago

GRCM

Geologica Resource Corp. Updates Financing Terms

Geologica Resource Corp. (TSE:GRCM) has released an update. Geologica Resource Corp. has updated the terms for its $300,000...

1y ago

GRCM

Geologica Resource Corp. Seeks Funding for Mineral Exploration

Geologica Resource Corp. (TSE:GRCM) has released an update. Geologica Resource Corp. aims to raise C$300,000 by issuing 6...

1y ago

GRCM

GRCM FAQ

What was Geologica Resource Corp.’s price range in the past 12 months?

Geologica Resource Corp. lowest stock price was C$0.01 and its highest was C$0.03 in the past 12 months.

What is Geologica Resource Corp.’s market cap?

Currently, no data Available

When is Geologica Resource Corp.’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Geologica Resource Corp.’s earnings last quarter?

Currently, no data Available

Is Geologica Resource Corp. overvalued?

According to Wall Street analysts Geologica Resource Corp.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Geologica Resource Corp. pay dividends?

Geologica Resource Corp. does not currently pay dividends.

What is Geologica Resource Corp.’s EPS estimate?

Geologica Resource Corp.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Geologica Resource Corp. have?

Geologica Resource Corp. has 30,532,654 shares outstanding.

What happened to Geologica Resource Corp.’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Geologica Resource Corp.?

Currently, no hedge funds are holding shares in TSE:GRCM

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Geologica Resource Corp.

Geologica Resource Corp., an exploration and development company, focuses on the acquisition, exploration, and development of mineral properties in North America. Its principal project is the Topley copper gold project consisting of 7 mineral claims totaling an area of approximately 2,706 hectares located in British Colombia. The company was formerly known as Cabbay Holdings Corp. and changed its name to as Geologica Resource Corp. in February 2021. The company was incorporated in 2016 and is headquartered in Vancouver, Canada. Geologica Resource Corp. operates as a subsidiary of Tower One Wireless Corp.