Guanajuato Silver Company Ltd. (TSE:GSVR)
:GSVR
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Guanajuato Silver Company
(GSVR)
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Rating:46Neutral
Price Target:
C$0.76
▲(23.77% Upside)
Action:ReiteratedDate:01/24/26
The score is held down primarily by weak financial fundamentals (ongoing losses, high leverage, and negative free cash flow despite improvement). Technicals provide partial support due to a strong uptrend and positive MACD, but extremely overbought RSI/Stoch increases near-term downside risk. Valuation remains unattractive/unclear due to a negative P/E and no dividend yield data.
Positive Factors
Existing infrastructure & district focus
GSVR’s strategy to revive historical Guanajuato districts and use existing infrastructure is a durable operational advantage. It lowers capital intensity and shortens development timelines versus greenfield builds, improving long-term project economics and allowing faster path to production and cash generation.
Negative Factors
High leverage
Material leverage creates lasting financial vulnerability for a resource developer exposed to commodity cycles. High debt levels constrain capital allocation, increase interest burden, and raise refinancing risk, limiting the company’s flexibility to fund development or withstand commodity price downturns.
Read all positive and negative factors
Positive Factors
Negative Factors
Existing infrastructure & district focus
GSVR’s strategy to revive historical Guanajuato districts and use existing infrastructure is a durable operational advantage. It lowers capital intensity and shortens development timelines versus greenfield builds, improving long-term project economics and allowing faster path to production and cash generation.
Read all positive factors
Guanajuato Silver Company (GSVR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$442.79M
Dividend YieldN/A
Average Volume (3M)5.70M
Price to Earnings (P/E)―
Beta (1Y)3.32
Revenue Growth5.58%
EPS Growth50.96%
CountryCA
Employees1,458
SectorGeneral
Sector StrengthN/A
IndustrySilver
Share Statistics
EPS (TTM)-0.01
Shares Outstanding725,893,400
10 Day Avg. Volume7,906,000
30 Day Avg. Volume5,701,174
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)3.72
Price to Sales (P/S)0.63
P/FCF Ratio-7.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$1.10Price Target Upside80.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.09
Revenue Forecast (FY)C$251.10M
Guanajuato Silver Company Business Overview & Revenue Model
Company Description
Guanajuato Silver Company Ltd. engages in the acquisition, exploration, development, and evaluation of mineral assets in Canada and Mexico. The company primarily focuses on silver and gold properties. Its flagship project is the 100% owned the El ...
How the Company Makes Money
Guanajuato Silver Company generates revenue primarily through the extraction and sale of silver and gold. The company's revenue model is built around mining operations, where it extracts precious metals from its properties and sells them in the gl...
Guanajuato Silver Company Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
40
Negative
Cash Flow
50
Neutral
| Breakdown | TTM | Mar 2025 | Dec 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 75.10M | 108.78M | 87.67M | 36.88M | 4.12M | 0.00 |
| Gross Profit | 9.41M | 3.55M | -15.63M | -6.88M | -2.23M | -15.92K |
| EBITDA | -589.25K | 1.63M | -14.23M | -13.71M | -9.07M | -2.18M |
| Net Income | -16.39M | -17.41M | -42.32M | -28.02M | -13.40M | -2.24M |
Balance Sheet | ||||||
| Total Assets | 116.37M | 102.37M | 99.64M | 85.65M | 51.32M | 10.24M |
| Cash, Cash Equivalents and Short-Term Investments | 16.20M | 4.22M | 2.59M | 8.83M | 8.23M | 5.32M |
| Total Debt | 16.64M | 22.38M | 23.07M | 20.43M | 8.76M | 27.70K |
| Total Liabilities | 90.74M | 83.89M | 85.34M | 53.14M | 20.52M | 274.86K |
| Stockholders Equity | 25.62M | 18.47M | 14.30M | 32.51M | 30.80M | 9.97M |
Cash Flow | ||||||
| Free Cash Flow | -2.90M | -8.85M | -15.06M | -18.67M | -15.34M | -2.47M |
| Operating Cash Flow | 1.70M | -3.43M | -8.15M | -15.06M | -8.93M | -2.07M |
| Investing Cash Flow | -6.59M | -7.56M | -7.57M | -11.85M | -13.96M | -1.03M |
| Financing Cash Flow | 18.68M | 18.60M | 6.52M | 27.13M | 27.12M | 7.88M |
Guanajuato Silver Company Technical Analysis
Positive
0.61
Price Trends
0.70
Negative
0.64
Negative
0.50
Positive
Market Momentum
-0.03
Negative
49.72
Neutral
83.79
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GSVR, the sentiment is Positive. The current price of 0.61 is above the 20-day moving average (MA) of 0.59, below the 50-day MA of 0.70, and above the 200-day MA of 0.50, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 49.72 is Neutral, neither overbought nor oversold. The STOCH value of 83.79 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GSVR.
Guanajuato Silver Company Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | C$32.78B | 11.93 | 16.85% | 0.88% | 25.04% | ― | |
72 Outperform | C$15.02B | 47.66 | 6.49% | 0.12% | 88.70% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$84.65M | -34.68 | -11.17% | ― | 52.70% | 60.33% | |
50 Neutral | C$160.04M | -5.43 | -27.47% | ― | ― | 49.02% | |
46 Neutral | C$442.79M | -8.58 | -108.87% | ― | 5.58% | 50.96% | |
43 Neutral | C$190.43M | -94.32 | -4.12% | ― | ― | 13.33% |
* General Sector Average
TSE:GSVR
Guanajuato Silver Company
0.59
0.44
306.90%
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29.79
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TSE:IPT
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39.88%
Guanajuato Silver Company Corporate Events
Business Operations and StrategyFinancial Disclosures
Guanajuato Silver Unveils Record 2026 Drilling Plan After Solid 2025 Output
Positive
Jan 29, 2026
Guanajuato Silver plans a record drilling campaign for 2026, with more than 75,000 metres of infill and exploration drilling across its five producing Mexican mines and the Horcon exploration asset, marking increases of over 700% versus 2025 and m...
Business Operations and Strategy
Guanajuato Silver Earns Spot on 2026 OTCQX Best 50 Ranking
Positive
Jan 22, 2026
Guanajuato Silver Company has been named to the 2026 OTCQX Best 50, recognizing it as one of the top-performing companies on the OTCQX Best Market based on 2025 total return and trading liquidity metrics. The accolade underscores the miner’s...
Business Operations and StrategyM&A Transactions
Guanajuato Silver Closes US$50 Million Acquisition of Bolanitos Mine in Mexico
Positive
Jan 15, 2026
Guanajuato Silver has closed the acquisition of the Bolanitos gold-silver mine in Guanajuato, Mexico, from Endeavour Silver for total consideration of up to US$50 million, including US$40 million paid at closing in a mix of cash and shares and up ...
Business Operations and StrategyM&A Transactions
Guanajuato Silver Wins TSXV Conditional Nod for Transformative Bolanitos Mine Deal
Positive
Dec 22, 2025
Guanajuato Silver Company has received conditional approval from the TSX Venture Exchange to proceed with its acquisition of the Bolanitos gold-silver mine in Guanajuato, Mexico, from Endeavour Silver. Management describes the deal as transformati...
Business Operations and StrategyLegal ProceedingsM&A Transactions
Guanajuato Silver Optimizes Operations Ahead of Bolanitos Acquisition
Neutral
Dec 4, 2025
Guanajuato Silver Company Ltd. is optimizing its mining operations in the Guanajuato area as it prepares to close the acquisition of the Bolanitos gold-silver mine from Endeavour Silver Corp. This includes realigning mineral-transport routes and t...
Business Operations and StrategyFinancial Disclosures
Guanajuato Silver Reports Strong Q3 2025 Financial Growth and Operational Investments
Positive
Nov 28, 2025
Guanajuato Silver Company Ltd. reported a significant improvement in its financial position for Q3 2025, with a working capital increase of $11.3 million and positive cash flows from operations totaling over $3 million for the first nine months of...
Business Operations and StrategyM&A Transactions
Guanajuato Silver Expands with Acquisition of Bolanitos Mine
Positive
Nov 24, 2025
Guanajuato Silver Company Ltd. has entered into an agreement to acquire the Bolanitos gold-silver mine in Guanajuato, Mexico, from Endeavour Silver Corp. for up to $50 million. This acquisition will expand the company’s resource base and pro...
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.