Golden Arrow Resources Corporation (TSE:GRG)
:GRG
Top Page
Golden Arrow Resources
(GRG)
Select Model
Select Model
Rating:46Neutral
Price Target:
C$0.08
▼(-22.00% Downside)
Action:ReiteratedDate:01/14/26
The score is driven primarily by weak financial performance—no revenue, ongoing losses, and continued cash burn—partly offset by a low-leverage (debt-free) balance sheet. Technicals are supportive with an uptrend, but overbought signals increase pullback risk. Valuation is constrained by negative earnings and no dividend support.
Positive Factors
Debt-free balance sheet
A zero-debt profile materially reduces financial distress and interest burden for an exploration company. Over the medium term this preserves flexibility to time equity raises or partner transactions, lowering bankruptcy risk and supporting project optionality.
Negative Factors
No operating revenue
Absence of operating revenue means the firm cannot self-fund operations; value creation depends entirely on exploration success or financings. Over months this raises execution risk, increases dependence on capital markets, and makes growth contingent on uncertain project outcomes.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt profile materially reduces financial distress and interest burden for an exploration company. Over the medium term this preserves flexibility to time equity raises or partner transactions, lowering bankruptcy risk and supporting project optionality.
Read all positive factors
Golden Arrow Resources (GRG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$10.16M
Dividend YieldN/A
Average Volume (3M)116.19K
Price to Earnings (P/E)―
Beta (1Y)0.99
Revenue GrowthN/A
EPS Growth40.18%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding169,416,600
10 Day Avg. Volume301,648
30 Day Avg. Volume116,194
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)1.32
Price to Sales (P/S)0.00
P/FCF Ratio-1.92
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
Golden Arrow Resources Business Overview & Revenue Model
Company Description
Golden Arrow Resources Corporation, a natural resource company, engages in the identification, acquisition, exploration, development, and advancing of precious and base metal projects in South America. The company explores for gold, silver, zinc, ...
How the Company Makes Money
Golden Arrow Resources generates revenue through the exploration and development of mineral properties, which can include selling or leasing these properties to larger mining companies or entering into joint ventures. The company may also earn inc...
Golden Arrow Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
48
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -22.91K | -38.18K | -122.54K | -121.55K | -126.69K | -153.27K |
| EBITDA | -4.40M | -8.57M | -7.81M | -5.89M | -6.67M | -5.20M |
| Net Income | -4.32M | -8.37M | -5.82M | -6.05M | -6.05M | -5.80M |
Balance Sheet | ||||||
| Total Assets | 7.74M | 6.72M | 6.51M | 11.44M | 17.24M | 25.00M |
| Cash, Cash Equivalents and Short-Term Investments | 252.88K | 868.62K | 115.80K | 6.23M | 16.03M | 23.88M |
| Total Debt | 0.00 | 0.00 | 190.77K | 427.46K | 346.88K | 182.32K |
| Total Liabilities | 890.79K | 1.25M | 935.64K | 1.01M | 734.13K | 450.88K |
| Stockholders Equity | 6.87M | 5.47M | 5.57M | 10.43M | 16.50M | 24.55M |
Cash Flow | ||||||
| Free Cash Flow | -2.80M | -3.75M | -7.60M | -9.76M | -5.54M | -6.00M |
| Operating Cash Flow | -2.82M | -3.57M | -7.59M | -5.52M | -5.28M | -5.45M |
| Investing Cash Flow | -1.63M | -18.11K | 6.45M | 5.36M | -89.33K | 9.93M |
| Financing Cash Flow | 3.95M | 4.34M | 649.63K | -143.76K | -332.01K | -625.56K |
Golden Arrow Resources Technical Analysis
Negative
0.10
Price Trends
0.08
Negative
0.08
Negative
0.07
Negative
Market Momentum
>-0.01
Positive
40.74
Neutral
57.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GRG, the sentiment is Negative. The current price of 0.1 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.08, and above the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.74 is Neutral, neither overbought nor oversold. The STOCH value of 57.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GRG.
Golden Arrow 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% | |
51 Neutral | C$3.57M | -3.88 | -38.11% | ― | ― | 25.69% | |
47 Neutral | C$21.54M | -5.69 | 215.47% | ― | ― | 30.00% | |
46 Neutral | C$10.16M | -2.29 | -65.04% | ― | ― | 40.18% | |
46 Neutral | C$9.03M | -9.13 | -50.61% | ― | ― | -3.49% | |
44 Neutral | C$8.87M | -12.78 | -5.85% | ― | ― | -16.67% | |
| ― | C$8.62M | -1.89 | -6.29% | ― | ― | 61.93% |
* Basic Materials Sector Average
TSE:GRG
Golden Arrow Resources
0.06
0.02
33.33%
TSE:BTT
Bitterroot Resources
0.07
0.04
100.00%
TSE:BVA
Bravada Gold
0.75
0.47
167.86%
TSE:CBI
Colibri Resource
0.11
-0.07
-38.29%
TSE:PRIZ
Prismo Metals Inc.
0.09
0.02
21.43%
TSE:SUR
Surface Metals
0.19
0.09
80.95%
Golden Arrow Resources Corporate Events
Business Operations and Strategy
Golden Arrow Hires Maximus to Bolster Investor Relations and Market Presence
Positive
Jan 13, 2026
Golden Arrow Resources has engaged Vancouver-based Maximus Investor Relations Ltd., led by Shawn Perger, as an investor relations consultant under a one-year renewable agreement valued at $125,000 annually, subject to TSX Venture Exchange approval...
Business Operations and Strategy
Golden Arrow Confirms Broad Near-Surface Gold Zone at Noemi Target in Chile
Positive
Jan 12, 2026
Golden Arrow Resources reported strong trenching results at the Noemi gold target within its San Pietro IOCG project in Chile, confirming a near-surface, structurally hosted gold system with multiple wide intervals above 1 g/t gold across a 380-me...
Business Operations and StrategyRegulatory Filings and Compliance
Golden Arrow Secures Environmental Approval for San Pietro Project in Chile
Positive
Nov 10, 2025
Golden Arrow Resources has received environmental approval for its San Pietro Copper-Gold Project in Chile, marking a significant milestone in its development. The approval allows for the expansion of drilling operations, which is expected to enha...
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.