GR Silver Mining (TSE:GRSL)
:GRSL
Want to see TSE:GRSL full AI Analyst Report?
Top Page
GR Silver Mining
(GRSL)
Select Model
Select Model
Rating:50Neutral
Price Target:
C$0.36
▼(-21.74% 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 debt-free balance sheet materially reduces refinancing and interest-rate risk, preserving financial optionality for exploration and development spending. Over 2–6 months this durability lowers default risk and gives management leeway to time financing or asset transactions without near-term debt pressure.
Negative Factors
No revenue and recurring operating losses
The absence of operating revenue and persistent operating losses mean the company is not yet cash-generative and remains dependent on external capital. Over 2–6 months this undermines self-funding ability, raises execution risk for exploration programs, and limits investment in value-driving activities without new financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free balance sheet materially reduces refinancing and interest-rate risk, preserving financial optionality for exploration and development spending. Over 2–6 months this durability lowers default risk and gives management leeway to time financing or asset transactions without near-term debt pressure.
Read all positive factors
GR Silver Mining (GRSL) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$183.27M
Dividend YieldN/A
Average Volume (3M)2.97M
Price to Earnings (P/E)―
Beta (1Y)3.06
Revenue GrowthN/A
EPS Growth-129.66%
CountryCA
Employees113
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.02
Shares Outstanding509,095,520
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. 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...
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
Neutral
0.46
Price Trends
0.35
Positive
0.40
Negative
0.34
Positive
Market Momentum
0.01
Positive
47.60
Neutral
13.89
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GRSL, the sentiment is Neutral. The current price of 0.46 is above the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.35, and above the 200-day MA of 0.34, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 47.60 is Neutral, neither overbought nor oversold. The STOCH value of 13.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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$53.24M | 13.99 | 7.08% | ― | 31.45% | 0.71% | |
51 Neutral | C$206.45M | 6,894.41 | -16.70% | ― | 48.46% | 97.94% | |
50 Neutral | C$183.27M | -17.96 | -45.94% | ― | ― | -129.66% | |
48 Neutral | C$20.56M | -21.97 | -5.70% | ― | ― | -5.88% | |
43 Neutral | C$259.64M | -13.73 | -38.46% | ― | ― | -15.58% |
* Basic Materials Sector Average
TSE:GRSL
GR Silver Mining
0.33
0.16
88.57%
TSE:SAM
Starcore International Mine
0.49
0.18
61.13%
TSE:AGX
Silver X Mining
0.63
0.39
157.14%
TSE:AAG
Aftermath Silver
0.66
-0.04
-5.71%
TSE:SLV
Silver Dollar Resources
0.28
0.04
17.02%
GR Silver Mining Corporate Events
Business Operations and StrategyExecutive/Board Changes
GR Silver Mining Founder and CEO Márcio Fonseca Passes Away; Interim Leadership Appointed
Negative
Mar 26, 2026
GR Silver Mining has announced the sudden passing of President, CEO and founder Márcio Fonseca, a veteran of more than 30 years in mining and mining finance and a widely respected leader in the sector. The board has appointed Executive Chair ...
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.