Greenhawk Resources Inc (GRHK) AI Stock Analysis

• Market Cap: C$3.02M
• Dividend Yield: N/A
• Average Volume (3M): 39.93K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.95
• Revenue Growth: N/A
• EPS Growth: -110.45%
• Country: CA
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): <0.01
• Shares Outstanding: 86,199,165
• 10 Day Avg. Volume: 12,300
• 30 Day Avg. Volume: 39,933
• PEG Ratio: >-0.01
• Price to Book (P/B): -10.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.52
• 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: 52 Neutral
• Price Target: C$0.04 ▲(100.00% Upside)

The score is held down primarily by weak financial performance (no revenue, persistent losses, negative cash flow, and negative equity in 2024). Technicals are a key offset with strong price momentum above major moving averages, while valuation is limited by a negative P/E and no dividend data.

Positive Factors

Very Low Leverage

Effectively zero debt across recent years materially lowers insolvency and interest-rate risk. For a capital-constrained explorer, low leverage preserves optionality to raise capital or form partnerships without immediate debt-servicing burdens, supporting longer-term project timelines.

Demonstrated Cost Discipline (2021–2023)

A meaningful narrowing of losses over 2021–2023 indicates management has been able to reduce operating burn or improve expense efficiency. Sustained cost control can extend runway, making future capital needs smaller and improving prospects for achieving operational milestones.

Lean Operating Footprint

A very small headcount implies low fixed payroll overhead and a lightweight organizational structure. This reduces recurring cash outflows, allowing the company to operate longer between financings and scale via contractors or partners, important for junior resource firms.

Negative Factors

No Revenue Generation

Absent revenue, the company lacks operational cash generation and must rely on external financing or asset transactions to fund activities. This weakens long-term sustainability and puts strategic initiatives at risk if capital markets tighten or funding costs rise.

Negative Shareholders' Equity

Negative equity is a structural balance-sheet deterioration that can limit access to debt financing, raise counterparty concerns, and constrain strategic options. It signals accumulated losses that reduce financial flexibility and increase refinancing or recapitalization risk.

Persistent Cash Burn

Multi-year negative operating and free cash flow indicate ongoing cash burn and dependence on external funding or asset sales. This persistent outflow undermines resilience to market shocks and increases the likelihood of future dilutive financings or constrained project execution.

Greenhawk Resources Inc Business Overview & Revenue Model

Company Description

Greenhawk Resources Inc. operates as a mineral exploration company in Greenland. It holds 100% interest in two mineral exploration licenses and one prospecting license in the Storo Gold Project. The company was formerly known as Cryptologic Corp. and changed its name to Greenhawk Resources Inc. in May 2021. Greenhawk Resources Inc. is headquartered in Toronto, Canada.

How the Company Makes Money

Greenhawk Resources Inc generates revenue through the exploration and extraction of mineral resources from its mining properties. The company's primary revenue streams include the sale of extracted minerals such as gold and silver, which are sold to refineries and commercial buyers. Additionally, Greenhawk may engage in joint ventures or partnerships with other mining companies to co-develop properties, thereby sharing costs and profits. The company's earnings are influenced by factors such as mineral market prices, production efficiency, and the successful acquisition and development of high-potential mining sites.

Greenhawk Resources Inc Financial Statement Overview

Summary

Overall financial quality is weak: no revenue, recurring net losses, and negative operating/free cash flow across 2020–2024. While debt is effectively zero (lower leverage risk), stockholders’ equity turning negative in 2024 and declining assets materially reduce financial flexibility.

Income Statement

The company reports no revenue across the period provided, and profitability is consistently weak, with recurring operating losses and net losses in most years. Losses narrowed meaningfully from 2021 to 2022–2023, but widened again in 2024, indicating an unstable earnings trajectory. A single profitable year in 2020 appears non-recurring versus the broader multi-year loss profile.

Balance Sheet

Leverage is low in recent years (total debt is effectively zero from 2022–2024), which reduces financial risk. However, the balance sheet weakened sharply in 2024 as stockholders’ equity turned negative, a key red flag that reduces financial flexibility. Total assets also declined materially versus prior years, suggesting a smaller capital base supporting ongoing operations.

Cash Flow

Operating and free cash flow are negative from 2020 through 2024, implying continued cash burn and dependence on external funding or asset sales to sustain operations. Cash outflows improved at times (e.g., 2023 vs. 2022), but deteriorated again in 2024, showing inconsistency in cash discipline. The one year of strong positive free cash flow (2019) is not sustained in subsequent years.

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	-1.39K	-1.42K	-1.35K	-410.00	-75.32K	-86.72K
EBITDA	-3.44M	-3.57M	-1.52M	-1.17M	-15.49M	25.38M
Net Income	-3.25M	-3.36M	-1.09M	-1.11M	-15.57M	22.00M
Balance Sheet
Total Assets	57.53K	276.82K	3.59M	4.58M	5.74M	8.11M
Cash, Cash Equivalents and Short-Term Investments	44.12K	116.29K	3.58M	4.56M	5.69M	7.68M
Total Debt	0.00	0.00	0.00	0.00	14.56K	136.19K
Total Liabilities	740.46K	615.77K	140.25K	33.87K	80.47K	298.96K
Stockholders Equity	-682.93K	-338.95K	3.45M	4.54M	5.66M	7.81M
Cash Flow
Free Cash Flow	-219.66K	-763.17K	-983.11K	-1.11M	-1.85M	-1.58M
Operating Cash Flow	-219.66K	-763.17K	-978.21K	-1.11M	-1.85M	-1.50M
Investing Cash Flow	100.00	-2.70M	-4.90K	0.00	-2.05K	8.97M
Financing Cash Flow	0.00	0.00	0.00	-21.54K	-131.93K	-670.66K

Greenhawk Resources Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GRHK, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.50 is Neutral, neither overbought nor oversold. The STOCH value of 43.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GRHK.

Greenhawk Resources Inc 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%
GMR	53 Neutral	C$4.26M	-17.63	―	―	―	94.04%
GRHK	52 Neutral	C$3.02M	-1.24	-213.10%	―	―	-110.45%
NUG	41 Neutral	C$1.23M	-3.84	-88.34%	―	―	99.38%
SPOD	41 Neutral	C$940.15K	-0.36	-24.25%	―	―	-28.95%
LP	34 Underperform	C$1.24M	-0.58	―	―	―	―