Gensource Potash Corp (TSE:GSP)
:GSP
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Gensource Potash
(GSP)
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Rating:52Neutral
Price Target:
C$0.14
▲(101.43% Upside)
Action:Reiterated
Date:05/01/26
The score is held back primarily by weak financial performance (pre-revenue, ongoing losses, and negative free cash flow with funding reliance risk), partially offset by constructive technicals showing an uptrend and positive momentum. Valuation remains difficult to support due to negative earnings and no dividend yield data.
Positive Factors
Strategic focus on potash for agriculture
Gensource’s explicit strategy to advance Saskatchewan potash resources into fertilizer production ties the company to a durable agricultural end-market. This product-market focus underpins long-term demand potential and validates the core business model for future commercialization and revenues.
Negative Factors
Persistent negative cash flow
Operating and free cash flows remain negative despite improvement, indicating the business cannot self-fund development. Continued negative cash generation necessitates external capital raises, which elevates dilution and execution risk and constrains ability to progress projects absent new financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Strategic focus on potash for agriculture
Gensource’s explicit strategy to advance Saskatchewan potash resources into fertilizer production ties the company to a durable agricultural end-market. This product-market focus underpins long-term demand potential and validates the core business model for future commercialization and revenues.
Read all positive factors
Gensource Potash (GSP) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$70.22M
Dividend YieldN/A
Average Volume (3M)216.71K
Price to Earnings (P/E)―
Beta (1Y)0.13
Revenue GrowthN/A
EPS Growth20.00%
CountryCA
Employees4
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding468,103,940
10 Day Avg. Volume433,745
30 Day Avg. Volume216,710
Financial Highlights & Ratios
PEG Ratio0.67
Price to Book (P/B)3.41
Price to Sales (P/S)0.00
P/FCF Ratio-53.19
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
Gensource Potash Business Overview & Revenue Model
Company Description
Gensource Potash Corporation, together with its subsidiaries, operates as a fertilizer development company in Canada. The company focuses on potash development activities. It holds interests in the Tugaske Project located in Saskatchewan; and Vang...
How the Company Makes Money
null...
Gensource Potash Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -2.03K | -37.12K | -50.15K | -52.79K | -55.14K |
| EBITDA | -2.13M | -2.44M | -4.01M | -2.10M | -4.77M |
| Net Income | -2.33M | -2.90M | -6.58M | -2.49M | -4.88M |
Balance Sheet | |||||
| Total Assets | 23.93M | 23.63M | 23.67M | 24.95M | 19.74M |
| Cash, Cash Equivalents and Short-Term Investments | 36.10K | 65.83K | 412.45K | 346.05K | 1.72M |
| Total Debt | 5.67M | 5.49M | 5.51M | 5.26M | 3.08M |
| Total Liabilities | 15.33M | 12.79M | 10.48M | 9.50M | 3.36M |
| Stockholders Equity | 8.60M | 10.84M | 13.19M | 15.45M | 16.38M |
Cash Flow | |||||
| Free Cash Flow | -550.62K | -706.26K | -2.57M | -4.69M | -6.99M |
| Operating Cash Flow | -334.15K | -530.82K | -1.88M | -1.42M | -3.78M |
| Investing Cash Flow | -364.88K | -364.63K | -692.59K | -3.27M | -3.21M |
| Financing Cash Flow | 664.91K | 549.31K | 2.64M | 3.32M | 7.95M |
Gensource Potash Technical Analysis
Neutral
0.07
Price Trends
0.16
Negative
0.13
Positive
0.10
Positive
Market Momentum
>-0.01
Positive
29.03
Positive
20.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GSP, the sentiment is Neutral. The current price of 0.07 is below the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.16, and below the 200-day MA of 0.10, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 29.03 is Positive, neither overbought nor oversold. The STOCH value of 20.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:GSP.
Gensource Potash 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% | |
52 Neutral | C$70.22M | -27.12 | -24.54% | ― | ― | 20.00% | |
48 Neutral | C$101.75M | 2,144.41 | 0.16% | ― | ― | 98.72% | |
47 Neutral | C$55.06M | -26.70 | -3.42% | ― | ― | 27.81% | |
| ― | C$86.90M | -71.49 | -22.25% | ― | ― | ― | |
48 Neutral | C$45.47M | -13.92 | 0.62% | ― | ― | -78.63% |
* Basic Materials Sector Average
TSE:GSP
Gensource Potash
0.14
0.07
100.00%
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Gensource Potash Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Gensource Potash Raises $1.44 Million in First Tranche of Private Placement
Positive
Apr 9, 2026
Gensource Potash has completed the first closing of a private placement, issuing 9,598,500 units at $0.15 each for gross proceeds of about $1.44 million, with each unit comprising one common share and one warrant exercisable at $0.25 for 18 months...
Business Operations and StrategyPrivate Placements and Financing
Gensource Potash Launches Technical Update to Double Tugaske Project Scale
Positive
Mar 6, 2026
Gensource Potash has initiated a comprehensive Technical Update for its Tugaske Project, following an exclusivity agreement with a large Southeast Asian conglomerate that will fund the work. The update aims to align project design with the partner...
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.