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Golden Arrow Resources
(GRG)
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Rating:48Neutral
Price Target:
C$0.09
▼(-6.00% Downside)
Action:Reiterated
Date:07/10/26
The score is held back primarily by weak financial performance driven by no revenue, continued losses, and sustained cash burn, despite the benefit of zero recent debt. Technicals are mixed but somewhat supportive longer-term (price above 50/100/200-day averages), while valuation remains challenged due to negative earnings and no stated dividend yield.
Positive Factors
Low leverage / Zero debt
Having zero reported debt in 2024–2025 materially reduces financial risk for an exploration company. This durable balance sheet strength preserves flexibility to pursue joint ventures, option deals, or staged project spend without near-term interest burdens or covenant constraints.
Negative Factors
No revenue & persistent losses
The absence of operating revenue and repeated net losses are structural constraints for an explorer: sustained negative earnings limit reinvestment capacity and force reliance on external capital. Over months this erodes financial resilience and increases dilution risk if funding is required.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / Zero debt
Having zero reported debt in 2024–2025 materially reduces financial risk for an exploration company. This durable balance sheet strength preserves flexibility to pursue joint ventures, option deals, or staged project spend without near-term interest burdens or covenant constraints.
Read all positive factors
Golden Arrow Resources (GRG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$16.09M
Dividend YieldN/A
Average Volume (3M)116.19K
Price to Earnings (P/E)―
Beta (1Y)1.05
Revenue GrowthN/A
EPS Growth88.35%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding169,416,600
10 Day Avg. Volume301,648
30 Day Avg. Volume116,194
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)2.14
Price to Sales (P/S)0.00
P/FCF Ratio-2.26
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, and development of mineral resource properties in South America. The company explores for iron, copper, gold, cobalt, and silv...
How the Company Makes Money
Golden Arrow Resources generally does not generate revenue from selling products or operating mines because its business is centered on mineral exploration rather than mineral production; therefore, operating revenue from commodity sales is typica...
Golden Arrow Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
48
Neutral
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -93.54K | -38.18K | -122.54K | -121.55K | -126.69K |
| EBITDA | -1.39M | -8.57M | -7.81M | -5.89M | -6.67M |
| Net Income | -1.16M | -8.37M | -5.82M | -6.05M | -6.05M |
Balance Sheet | |||||
| Total Assets | 8.04M | 6.72M | 6.51M | 11.44M | 17.24M |
| Cash, Cash Equivalents and Short-Term Investments | 2.93M | 868.62K | 115.80K | 6.23M | 16.03M |
| Total Debt | 0.00 | 0.00 | 190.77K | 427.46K | 346.88K |
| Total Liabilities | 929.91K | 1.25M | 935.64K | 1.01M | 734.13K |
| Stockholders Equity | 5.47M | 5.47M | 5.57M | 10.43M | 16.50M |
Cash Flow | |||||
| Free Cash Flow | -5.19M | -3.75M | -7.60M | -9.76M | -5.54M |
| Operating Cash Flow | -4.99M | -3.57M | -7.59M | -5.52M | -5.28M |
| Investing Cash Flow | 3.89M | -18.11K | 6.45M | 5.36M | -89.33K |
| Financing Cash Flow | 450.00K | 4.34M | 649.63K | -143.76K | -332.01K |
Golden Arrow Resources Technical Analysis
Positive
0.10
Price Trends
0.09
Positive
0.08
Positive
0.08
Positive
Market Momentum
>-0.01
Positive
53.16
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GRG, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and above the 200-day MA of 0.08, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 53.16 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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% | |
48 Neutral | C$16.09M | -13.77 | -65.04% | ― | ― | 88.35% | |
45 Neutral | C$22.12M | -12.65 | 215.47% | ― | ― | -111.50% | |
45 Neutral | C$6.91M | -1.46 | -50.61% | ― | ― | 44.22% | |
41 Neutral | C$3.50M | -2.58 | -38.11% | ― | ― | 22.13% | |
40 Underperform | C$4.44M | -13.46 | -5.85% | ― | ― | -22.73% | |
| ― | C$7.71M | -8.55 | -6.29% | ― | ― | -280.14% |
* Basic Materials Sector Average
TSE:GRG
Golden Arrow Resources
0.10
0.02
35.71%
TSE:BTT
Bitterroot Resources
0.04
-0.02
-30.00%
TSE:BVA
Bravada Gold
0.76
0.32
72.73%
TSE:CBI
Colibri Resource
0.09
-0.06
-40.00%
TSE:PRIZ
Prismo Metals Inc.
0.06
0.00
0.00%
TSE:SUR
Surface Metals
0.17
0.02
10.00%
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.