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GR Silver Mining
(GRSL)
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Rating:50Neutral
Price Target:
C$0.30
▼(-34.78% Downside)
Action:Reiterated
Date:05/30/26
The score is held back primarily by weak financial fundamentals (no revenue, persistent losses, and ongoing cash burn despite a debt-free balance sheet). Technical indicators provide a partial offset with moderately positive momentum, while valuation is constrained by losses (negative P/E) and lack of dividend support.
Positive Factors
Debt-free balance sheet
A lack of reported debt materially lowers refinancing and interest burden risks, giving management flexibility to fund exploration or negotiate farm-outs without immediate covenant pressure. This structural strength reduces short- to medium-term liquidity stress and supports strategic optionality.
Negative Factors
No revenue / not commercial
Reporting zero revenue and repeated operating losses means the business is not self-sustaining and must rely on external capital to continue. This structural gap elevates dilution and execution risk, and limits the firm's ability to internally fund development or absorb adverse drilling outcomes.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A lack of reported debt materially lowers refinancing and interest burden risks, giving management flexibility to fund exploration or negotiate farm-outs without immediate covenant pressure. This structural strength reduces short- to medium-term liquidity stress and supports strategic optionality.
Read all positive factors
GR Silver Mining (GRSL) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$145.17M
Dividend YieldN/A
Average Volume (3M)2.97M
Price to Earnings (P/E)―
Beta (1Y)3.00
Revenue GrowthN/A
EPS Growth-129.66%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.02
Shares Outstanding509,365,540
10 Day Avg. Volume2,564,951
30 Day Avg. Volume2,974,750
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)4.27
Price to Sales (P/S)0.00
P/FCF Ratio-21.11
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
GR Silver Mining Business Overview & Revenue Model
Company Description
GR Silver Mining Ltd. is a Canadian-based company focused on the acquisition, exploration, and advancement of mineral properties, predominantly located in Mexico. Their geological investigations primarily seek out deposits containing gold, silver,...
How the Company Makes Money
null...
GR Silver Mining Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
18
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Dec 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -192.23K | -184.00K | -497.00K | -579.97K | -411.14K |
| EBITDA | -8.19M | 19.47M | -25.10M | -18.21M | -17.79M |
| Net Income | -8.36M | 19.29M | -25.60M | -18.79M | -18.20M |
Balance Sheet | |||||
| Total Assets | 38.14M | 9.72M | 10.72M | 25.28M | 28.43M |
| Cash, Cash Equivalents and Short-Term Investments | 29.50M | 1.16M | 100.57K | 902.24K | 3.08M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.27M | 1.90M | 26.88M | 20.69M | 17.16M |
| Stockholders Equity | 35.87M | 7.82M | -16.15M | 4.59M | 11.26M |
Cash Flow | |||||
| Free Cash Flow | -7.26M | -4.49M | -5.31M | -13.84M | -19.01M |
| Operating Cash Flow | -7.16M | -4.49M | -5.31M | -13.56M | -15.92M |
| Investing Cash Flow | -100.12K | 1.61M | 0.00 | -255.69K | -3.08M |
| Financing Cash Flow | 35.60M | 3.94M | 4.51M | 11.64M | 17.19M |
GR Silver Mining Technical Analysis
Negative
0.46
Price Trends
0.34
Negative
0.35
Negative
0.36
Negative
Market Momentum
>-0.01
Negative
43.09
Neutral
22.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GRSL, the sentiment is Negative. The current price of 0.46 is above the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.34, and above the 200-day MA of 0.36, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.09 is Neutral, neither overbought nor oversold. The STOCH value of 22.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GRSL.
GR Silver Mining 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% | |
60 Neutral | C$36.72M | 9.30 | 7.08% | ― | 31.45% | 0.71% | |
51 Neutral | C$172.04M | -712.30 | 0.06% | ― | 48.46% | 97.94% | |
50 Neutral | C$145.17M | -13.07 | -37.20% | ― | ― | -129.66% | |
48 Neutral | C$17.57M | -13.35 | -5.70% | ― | ― | -5.88% | |
43 Neutral | C$222.13M | -13.74 | -38.46% | ― | ― | -15.58% |
* Basic Materials Sector Average
TSE:GRSL
GR Silver Mining
0.29
0.07
32.56%
TSE:SAM
Starcore International Mine
0.40
0.05
13.96%
TSE:AGX
Silver X Mining
0.60
0.26
76.47%
TSE:AAG
Aftermath Silver
0.65
-0.20
-23.53%
TSE:SLV
Silver Dollar Resources
0.24
-0.03
-9.62%
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.