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Goldshore Resources (TSE:GSHR)
:GSHR

Goldshore Resources (GSHR) AI Stock Analysis

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Goldshore Resources

(OTC:GSHR)

Rating:45Neutral
Price Target:
Goldshore Resources' stock score is primarily influenced by its financial performance, reflecting the typical challenges of an exploration-stage mining company with no revenue and ongoing losses. The technical analysis shows some short-term positive momentum, but valuation remains unattractive due to negative earnings. The corporate event involving Moss Genomics does not impact this score.

Goldshore Resources (GSHR) vs. iShares MSCI Canada ETF (EWC)

Goldshore Resources Business Overview & Revenue Model

Company DescriptionGoldshore Resources Inc., a junior gold development company, engages in the acquisition, exploration, and evaluation of natural resource properties in Canada. It owns the Moss Lake gold project consisting of 3 contiguous mining claims located in Ontario. The company is headquartered in Vancouver, Canada.
How the Company Makes MoneyGoldshore Resources makes money through the exploration and development of gold mining projects. The company's revenue model is primarily based on discovering and proving gold reserves, which can then be monetized through various means, including selling stakes in the projects, forming joint ventures, or directly mining and selling gold. Key revenue streams include capital raised from investors, strategic partnerships with other mining companies, and potential proceeds from the sale or development of its mining projects. Significant factors contributing to its earnings include the successful discovery of viable gold deposits, effective management of exploration costs, and favorable market conditions for gold prices.

Goldshore Resources Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Dec 2023Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
-83.21K-106.53K-67.31K0.00
EBIT
-3.89M-2.32M-4.76M-166.51K-39.77K
EBITDA
-3.81M-2.19M-4.69M-166.51K-39.77K
Net Income Common Stockholders
-4.06M-7.02M-13.48M-167.09K-39.96K
Balance SheetCash, Cash Equivalents and Short-Term Investments
5.27M1.24M12.11M374.23K5.88K
Total Assets
94.82M87.60M75.20M10.68M21.61K
Total Debt
266.99K319.78K333.05K22.27K0.00
Net Debt
39.41K-917.78K-11.77M-351.96K-5.88K
Total Liabilities
12.72M13.78M10.63M10.01M488.61K
Stockholders Equity
82.10M73.82M64.57M668.66K-467.00K
Cash FlowFree Cash Flow
-5.88M-26.61M-23.00M-634.05K-156.25K
Operating Cash Flow
-1.71M-2.65M-3.75M-631.65K-156.25K
Investing Cash Flow
-4.17M-23.96M-9.08M0.00
Financing Cash Flow
9.91M15.74M8.35M10.42M0.00

Goldshore Resources Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.32
Price Trends
50DMA
0.33
Negative
100DMA
0.32
Negative
200DMA
0.31
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
43.20
Neutral
STOCH
35.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GSHR, the sentiment is Negative. The current price of 0.32 is below the 20-day moving average (MA) of 0.34, below the 50-day MA of 0.33, and above the 200-day MA of 0.31, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.20 is Neutral, neither overbought nor oversold. The STOCH value of 35.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GSHR.

Goldshore Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$2.03B-1.27-21.09%3.98%2.91%-30.50%
45
Neutral
$110.16M-8.16%
$66.98M-22.65%
TSRDS
42
Neutral
C$164.52M-3.88%50.00%
C$115.54M-21.26%
$79.07M-33.36%
C$101.66M
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:GSHR
Goldshore Resources
0.32
0.06
23.53%
LONCF
Loncor Gold
0.39
0.13
50.00%
TSE:RDS
Radisson Mining Resources
0.43
0.27
168.75%
TSE:NEXG
Treasury Metals
0.80
-0.10
-11.11%
RVLGF
Revival Gold
0.37
0.16
76.19%
TSE:GHRT
Greenheart Gold Inc.
0.72
0.20
38.46%

Goldshore Resources Corporate Events

Executive/Board ChangesPrivate Placements and Financing
Moss Genomics Closes Private Placement, Acquires Ethereum, and Welcomes New Board Member
Neutral
Feb 1, 2025

Moss Genomics Inc. has successfully closed a non-brokered private placement, raising $250,000 through the issuance of common shares and has acquired 160 Ethereum cryptocurrency through the issuance of additional shares. The funds raised are intended for general working capital purposes, with all securities subject to a statutory hold period. Furthermore, Moss announced the appointment of Hunter Jordan, a seasoned executive in global real estate investments, to its Board of Directors, and granted stock options to select directors, officers, and consultants.

Executive/Board ChangesPrivate Placements and FinancingBusiness Operations and Strategy
Moss Genomics Shifts Strategy to Embrace Ethereum and Blockchain
Positive
Jan 24, 2025

Moss Genomics Inc. has announced a strategic shift involving the integration of Ethereum cryptocurrency into its business model, following the appointment of Jack Liu as CEO. This move includes establishing an Ethereum treasury division to use ETH as a financial asset, aiming to diversify financing operations and tap into the cryptocurrency market, thereby enhancing its genomics services with blockchain technology.

Goldshore Resources Expands Gold Mineralization at Moss Project
Jan 17, 2025

Goldshore Resources Inc. announced promising results from its 15,000-meter drill program at the Moss Gold Project, Northwest Ontario. The program’s aim is to expand gold mineralization within the top 100-200 meters from the surface, potentially enhancing the economic performance of the mine by increasing the resource model and reducing waste. Initial findings from the drill program have shown significant gold intercepts, indicating potential for increased gold production in the early years of the mine’s life, although these results are not yet included in the current Preliminary Economic Assessment.

Moss Genomics Expands Global Reach with Frankfurt Stock Exchange Listing
Jan 14, 2025

Moss Genomics Inc. has successfully listed its shares on the Frankfurt Stock Exchange, marking a significant step in its global expansion strategy. This dual listing, alongside its existing listing on the Canadian Securities Exchange, is expected to increase the company’s visibility in Europe, broaden market access, and attract a wider pool of international investors, thus enhancing its competitiveness in the biotechnology sector.

Moss Genomics Acquires Ethereum and Appoints New CEO
Dec 24, 2024

Moss Genomics Inc. has appointed Jack Liu as the new CEO and announced its acquisition of Ethereum assets, aiming to enhance its Web3 innovation capabilities. The company is also launching a private placement to raise $250,000 for general working capital, alongside granting stock options to key personnel.

Goldshore Resources Launches Winter Exploration Program
Dec 9, 2024

Goldshore Resources has launched its winter exploration program at the Moss Gold Project in Ontario, targeting resource expansion through diamond drilling and discovery-focused sonic drilling and geophysical programs. The company aims to reveal the ounce potential of the deposit. With strong backing and significant investment, Goldshore is poised to enhance shareholder value.

Goldshore Resources Boosts Leadership for Growth
Dec 2, 2024

Goldshore Resources has strengthened its leadership team by appointing David Stone to the Board of Directors and Sam Gibson as Vice President of Corporate Development. These strategic appointments are expected to enhance the company’s technical and financial capabilities, driving the advancement of the Moss Deposit and creating value for shareholders. Additionally, the company has granted stock options and restricted share units to its team, aligning incentives with its growth objectives.

Goldshore Resources Launches Winter Exploration Program
Nov 25, 2024

Goldshore Resources has launched a winter exploration program, awarding contracts to expand and discover resources at the Moss Gold Project. The initiative aims to enhance the economic performance by focusing on drilling the top 200 meters and exploring new drill targets along unexplored structural corridors.

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.