GR Silver Mining (GRSL) AI Stock Analysis

• Market Cap: C$175.43M
• Dividend Yield: N/A
• Average Volume (3M): 2.97M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.62
• Revenue Growth: N/A
• EPS Growth: -235.10%
• Country: CA
• Employees: 113
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 433,166,780
• 10 Day Avg. Volume: 2,564,951
• 30 Day Avg. Volume: 2,974,750
• PEG Ratio: -0.02
• Price to Book (P/B): 6.67
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.63
• 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: 57 Neutral
• Price Target: C$0.45 ▲(2.27% Upside)

The score is capped primarily by weak financial performance (pre-revenue, ongoing losses, and negative free cash flow) despite a debt-free balance sheet. Offsetting this, the stock shows strong technical momentum and recent financing/exploration progress that strengthens near-term operational runway, but valuation remains unattractive/unclear due to losses and no dividend.

GR Silver Mining Business Overview & Revenue Model

Company Description

GR Silver Mining Ltd. engages in the acquisition, exploration, and development of mineral resource properties primarily in Mexico. The company explores for gold, silver, lead, and zinc deposits. Its projects include San Marcial project covering an area of 1,250 hectares; Plomosas silver project covering an area of 8,515 hectares located in the Rosario Mining District; and La Trinidad project covering an area of approximately 107,392.5 hectares located in Mexico. The company was formerly known as Goldplay Exploration Ltd. and changed its name to GR Silver Mining Ltd. in January 2020. GR Silver Mining Ltd. was incorporated in 2012 and is headquartered in Vancouver, Canada.

How the Company Makes Money

GR Silver Mining generates revenue primarily through the exploration and development of its mineral properties, with a focus on silver and gold. The company aims to increase its resource estimates through exploration activities and feasibility studies. Once a project is deemed economically viable, GR Silver Mining seeks to advance it to production, either independently or through joint ventures with larger mining companies. Revenue is realized when these projects begin producing and selling precious metals. Additionally, the company may engage in strategic partnerships or sell equity stakes in its projects to secure funding for exploration and development activities, which can also contribute to its revenue streams.

GR Silver Mining Financial Statement Overview

Summary

GR Silver Mining faces significant financial challenges with no revenue, ongoing losses, negative cash flows, and deteriorating equity. The lack of debt offers some leverage flexibility, but the overall financial health is weak, necessitating strategic adjustments to improve viability.

Income Statement

The company has no revenue generation and is consistently reporting negative net income, indicating ongoing operational losses. The absence of total revenue makes it impossible to calculate typical profitability margins, highlighting a challenge in achieving profitability.

Balance Sheet

The company appears to have no debt, which is a positive aspect. However, the negative stockholders' equity in the recent annual report is concerning, reflecting more liabilities than assets. This situation indicates financial instability and potential risks for investors.

Cash Flow

Negative operating and free cash flows persist, reflecting cash outflows that exceed inflows. Such trends may challenge the company's liquidity situation, although the absence of debt provides some relief.

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	-153.68K	-184.00K	-497.00K	-579.97K	-411.14K	-88.80K
EBITDA	-6.96M	19.47M	-25.10M	-18.21M	-17.79M	-8.65M
Net Income	-7.12M	19.29M	-25.60M	-18.79M	-18.20M	-8.74M
Balance Sheet
Total Assets	20.97M	9.72M	10.72M	25.28M	28.43M	10.84M
Cash, Cash Equivalents and Short-Term Investments	12.39M	1.16M	100.57K	902.24K	3.08M	4.89M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.79M	1.90M	26.88M	20.69M	17.16M	1.18M
Stockholders Equity	19.18M	7.82M	-16.15M	4.59M	11.26M	9.67M
Cash Flow
Free Cash Flow	-6.24M	-4.49M	-5.31M	-13.84M	-19.01M	-7.37M
Operating Cash Flow	-6.21M	-4.49M	-5.31M	-13.56M	-15.92M	-6.55M
Investing Cash Flow	-645.45K	1.61M	0.00	-255.69K	-3.08M	-1.18M
Financing Cash Flow	16.93M	3.94M	4.51M	11.64M	17.19M	10.58M

GR Silver Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.44
• 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:GRSL, the sentiment is Positive. The current price of 0.44 is above the 20-day moving average (MA) of 0.39, above the 50-day MA of 0.32, and above the 200-day MA of 0.23, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 59.25 is Neutral, neither overbought nor oversold. The STOCH value of 66.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GRSL.

GR Silver Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SAM	62 Neutral	C$96.15M	33.02	1.79%	―	26.16%	-8.73%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GRSL	57 Neutral	C$175.43M	-19.85	-50.60%	―	―	-235.10%
AAG	55 Neutral	C$357.80M	-19.88	-52.22%	―	―	-60.82%
SLV	52 Neutral	C$41.29M	-31.69	―	―	―	-1.67%
BCM	51 Neutral	C$189.11M	-1.38	-525.71%	―	-4.16%	-66.82%
AGX	45 Neutral	C$271.39M	-90.00	-6.09%	―	8.28%	87.46%

GR Silver Mining Corporate Events

GR Silver Mining Secures $20 Million Financing for Plomosas Silver Project Expansion

GR Silver Mining successfully closed a $20 million financing deal through an underwritten private placement offering, which included full exercise of an over-allotment option. The funds will enable the company to pursue aggressive drilling and exploration at the San Marcial Area within the Plomosas Project in Mexico, aiming to expand its resource estimates and advance projects like bulk sampling studies and the potential establishment of a pilot plant. This financing positions the company to make significant strides in development, particularly as silver prices remain robust, with 2026 set to potentially become transformative for its operations and value creation for stakeholders.

GR Silver Mining Secures $13 Million for Plomosas Project Expansion

GR Silver Mining Ltd., a company involved in the mining industry, has announced a $13 million bought deal offering of units, which will be used to advance its Plomosas Project in Mexico and for general corporate purposes. The offering consists of 43,334,000 units, each comprising one common share and a half-share purchase warrant, with proceeds to be used for project advancement and working capital. The deal is structured through a LIFE Offering and a Private Placement Offering, with the closing expected around mid-December 2025, subject to regulatory approvals.

GR Silver Mining Unveils High-Grade Silver Intercepts at San Marcial

GR Silver Mining has announced significant results from its step-out drilling at the San Marcial Area, revealing high-grade silver intercepts that extend the mineralization beyond the current resource boundary. The successful drilling results, including notable silver grades, suggest a potential for substantial resource growth, with plans for further drilling in 2026 to explore additional targets and expand the silver mineralization footprint, reinforcing the company’s confidence in the area’s silver-mineralized system.

GR Silver Mining Strengthens Leadership with New Country Manager Appointment

GR Silver Mining has appointed Dr. Cástulo Molina Sotelo as the new Country Manager for Mexico, bringing over 35 years of experience in mineral exploration and project management. This strategic appointment is expected to enhance the company’s operations as it enters a transformational phase in 2026, with significant developments planned at the Plomosas Silver Project, including a step-out drilling program at the San Marcial Area, aiming for resource expansion and long-term value creation for stakeholders.

GR Silver Mining Advances Phase II Sampling at Plomosas Mine

GR Silver Mining Ltd. has reported positive progress in its Phase II Bulk Sample Test Mining Program at the Plomosas Mine in Sinaloa, Mexico. The program aims to delineate accessible underground areas, identify high-grade mineralized material, and conduct metallurgical test work to refine process design criteria. The recent sampling has identified additional high-grade zones, supporting the company’s plans for further development and process design, which could enhance its operational capabilities and industry positioning.