G2 Goldfields Inc (GTWO) AI Stock Analysis

• Market Cap: C$1.69B
• Dividend Yield: N/A
• Average Volume (3M): 272.92K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.20
• Revenue Growth: 23.81%
• EPS Growth: -139.39%
• Country: CA
• Employees: 112
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.01
• Shares Outstanding: 257,069,030
• 10 Day Avg. Volume: 251,717
• 30 Day Avg. Volume: 272,922
• PEG Ratio: -0.35
• Price to Book (P/B): 7.05
• Price to Sales (P/S): 1147.92
• P/FCF Ratio: -20.99
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$5.25
• Price Target Upside: -20.09% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: C$6.50 ▼(-1.07% Downside)

The score is primarily constrained by weak financial performance—large and worsening losses alongside significant cash burn—despite a debt-free, well-capitalized balance sheet. Technicals are supportive with a strong uptrend, but overbought indicators temper the near-term setup. Valuation is challenged by negative earnings and no dividend, while positive corporate developments (PEA and planned spin-out) provide a meaningful offset.

Positive Factors

Exploration Success

The expansion of new gold discoveries in Guyana enhances G2 Goldfields' resource base, potentially increasing future revenue and market position.

Resource Expansion

The significant increase in gold resources at the Oko Project positions G2 Goldfields as a key player in the gold mining sector, supporting long-term growth.

Leadership Strengthening

Strengthening the leadership team with strategic appointments enhances G2 Goldfields' operational capabilities and investor relations, supporting future growth.

Negative Factors

Negative Cash Flow

Persistent negative cash flow highlights financial strain, limiting G2 Goldfields' ability to self-fund operations and invest in growth without external funding.

Profitability Challenges

Severe profitability challenges indicate operational inefficiencies, which could hinder G2 Goldfields' ability to achieve sustainable financial performance.

Operational Losses

Ongoing operational losses suggest that G2 Goldfields may struggle to convert exploration success into profitable outcomes, affecting long-term viability.

G2 Goldfields Inc Business Overview & Revenue Model

Company Description

G2 Goldfields Inc. engages in the acquisition and exploration of gold deposits in Guiana. It primarily holds 100% interests in the properties located in the Oko Aremu District and Puruni District, Guyana. G2 Goldfields Inc. was incorporated in 2009 and is headquartered in Toronto, Canada.

How the Company Makes Money

G2 Goldfields Inc generates revenue through the exploration and development of gold mining projects. The company focuses on increasing the value of its properties by conducting detailed geological surveys, drilling programs, and feasibility studies. Once significant gold resources are identified and validated, the company may monetize these assets through various means such as selling or leasing mining rights, entering joint ventures, or eventually moving towards production, depending on the project's scale and potential. The company's earnings are significantly affected by gold market prices, exploration successes, and strategic partnerships with other mining companies or investors.

G2 Goldfields Inc Financial Statement Overview

Summary

G2 Goldfields Inc presents a mixed financial picture. While the company maintains a strong balance sheet with no debt and substantial equity, operational performance is hindered by persistent losses and negative cash flows. The income statement shows high gross profit margins but is offset by significant net losses and negative EBIT. The company faces challenges in converting revenue into sustainable profits and generating positive cash flows, indicating potential risks if operational improvements are not realized.

Income Statement

The company shows limited revenue growth with a revenue growth rate of 19.25% in the TTM period. Profitability metrics are concerning, with a negative net profit margin of -1376.88% and an EBIT margin of -1606.66%, indicating significant operational challenges. Despite a high gross profit margin of 97.49%, the overall income statement performance is weak due to persistent losses.

Balance Sheet

The balance sheet reflects a strong equity position with an equity ratio of 96.89% and no debt, highlighting financial stability despite ongoing losses. The return on equity is negative at -8.37%, reflecting the company's inability to convert equity into profit. Overall, the company maintains a healthy asset structure with minimal liabilities.

Cash Flow

Cash flow performance indicates significant challenges, with a negative free cash flow and limited operating cash flow. The free cash flow to net income ratio is unfavorable, reflecting cash flow strains. Outstanding financing activities suggest reliance on external funding to support operations. Overall, cash flow management remains a critical issue.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	683.76K	629.50K	530.65K	315.58K	346.11K	436.33K
Gross Profit	663.85K	610.24K	518.23K	291.91K	294.15K	381.46K
EBITDA	-11.35M	-10.89M	-3.06M	-4.17M	-2.14M	-12.76M
Net Income	-11.40M	-10.94M	-3.10M	-4.43M	-2.20M	-12.92M
Balance Sheet
Total Assets	105.26M	104.84M	64.09M	43.42M	17.90M	13.92M
Cash, Cash Equivalents and Short-Term Investments	17.38M	24.37M	16.71M	15.82M	1.32M	2.11M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	3.26M	2.36M	2.48M	2.02M	967.55K	1.02M
Stockholders Equity	102.00M	102.48M	61.62M	41.40M	16.93M	12.90M
Cash Flow
Free Cash Flow	-35.33M	-34.42M	-20.14M	-10.84M	-6.27M	-6.09M
Operating Cash Flow	-6.74M	-5.02M	-1.25M	-1.05M	-1.44M	-2.41M
Investing Cash Flow	-28.86M	-29.60M	-18.91M	-10.25M	-4.83M	-3.72M
Financing Cash Flow	1.84M	42.79M	21.25M	26.12M	5.48M	7.59M

G2 Goldfields Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.57
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GTWO, the sentiment is Positive. The current price of 6.57 is above the 20-day moving average (MA) of 5.74, above the 50-day MA of 5.03, and above the 200-day MA of 3.70, indicating a bullish trend. The MACD of 0.52 indicates Negative momentum. The RSI at 71.61 is Negative, neither overbought nor oversold. The STOCH value of 82.25 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GTWO.

G2 Goldfields Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ELE	68 Neutral	C$1.58B	83.85	2.92%	―	131.18%	150.47%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
RIO	61 Neutral	C$1.45B	347.42	3.01%	―	―	―
RUP	60 Neutral	C$1.64B	―	―	―	―	―
GTWO	56 Neutral	C$1.69B	-138.61	-11.22%	―	23.81%	-139.39%
NFG	56 Neutral	$1.41B	-19.24	-50.06%	―	―	28.06%
IAU	56 Neutral	C$1.68B	-6.64	-37.59%	―	70.93%	37.37%

G2 Goldfields Inc Corporate Events

G2 Goldfields Extends High-Grade Gold Mineralisation at Guyana’s OKO Project With Deepest Drill Hit to Date

G2 Goldfields reported new diamond drilling results from its OKO Project in Guyana that further expand and confirm high-grade gold mineralisation both near surface and at depth, particularly in the Ghanie and Border zones. The latest 16-hole, 5,997-metre program delivered notable intercepts, including 39.3 g/t gold over 2.7 metres at the Border Zone and a deep 50-metre interval grading 2.4 g/t gold, including 23.5 metres at 4.0 g/t, in hole GDD256A, which is now the deepest intercept on the project and supports the geological model’s prediction of strong down-plunge continuity. With five drill rigs now committed to expanding these gold zones and additional assays pending from ongoing greenfields exploration, the results underscore the potential to grow the existing resource base, extend mine life beyond current estimates, and enhance the project’s economic and strategic significance for both the company and Guyana.

The most recent analyst rating on (TSE:GTWO) stock is a Hold with a C$6.50 price target. To see the full list of analyst forecasts on G2 Goldfields Inc stock, see the TSE:GTWO Stock Forecast page.

G2 Goldfields Unveils High-Margin Maiden PEA for Oko Gold Project in Guyana

G2 Goldfields has delivered a maiden Preliminary Economic Assessment for its high-grade Oko Gold Project in Guyana, outlining a combined open-pit and underground mine with a 14-year life and an updated mineral resource of 1.6 million ounces of gold in the Indicated category and 1.9 million ounces in the Inferred category. The study forecasts average annual production of 281,000 ounces of gold from years two through eleven at an all-in sustaining cost of $1,137 per ounce, supported by initial capital expenditures of $664 million and sustaining capital of $366 million, and indicates robust project economics with an after-tax NPV (5%) of $2.6 billion, a 39% IRR, and a 2.6-year payback at a base gold price of $3,000 per ounce, positioning Oko as a potentially high-margin, globally competitive development project within an emerging gold district in Guyana.

The most recent analyst rating on (TSE:GTWO) stock is a Buy with a C$5.50 price target. To see the full list of analyst forecasts on G2 Goldfields Inc stock, see the TSE:GTWO Stock Forecast page.

G2 Goldfields Announces Spin-Out Approval and Strategic Asset Realignment

G2 Goldfields Inc. announced the approval of a spin-out of its non-core assets into a new entity, G3 Goldfields Inc., following a shareholder meeting. The spin-out, which involves transferring certain assets and cash to G3, aims to enhance focus on core operations and is expected to be completed in the first quarter of 2026, pending regulatory approvals. This strategic move is anticipated to streamline G2’s operations and potentially unlock value for stakeholders by distributing G3 shares to G2 shareholders.

The most recent analyst rating on (TSE:GTWO) stock is a Buy with a C$5.50 price target. To see the full list of analyst forecasts on G2 Goldfields Inc stock, see the TSE:GTWO Stock Forecast page.

G2 Goldfields Plans Strategic Spin-Out of Non-Core Assets

G2 Goldfields Inc. has announced the filing of management information circulars and a technical report in preparation for a shareholder meeting to approve the spin-out of its non-core assets into a new subsidiary, G3 Goldfields Inc. This strategic move aims to streamline operations and potentially enhance shareholder value by focusing on core assets. The technical report, prepared by Micon International Limited, provides an independent assessment of these non-core assets, highlighting their potential value and impact on the company’s future exploration and development activities.

The most recent analyst rating on (TSE:GTWO) stock is a Buy with a C$5.50 price target. To see the full list of analyst forecasts on G2 Goldfields Inc stock, see the TSE:GTWO Stock Forecast page.

G2 Goldfields Advances Oko Project with New PEA and Exploration Initiatives

G2 Goldfields Inc. announced a corporate update highlighting the upcoming release of a maiden Preliminary Economic Assessment (PEA) for the Oko Gold Project in November, based on extensive drilling data. The company is also planning a spin-out of its subsidiary, G3 Goldfields Inc., which will focus on exploration properties with historical gold mines. Additionally, G2 is actively drilling to test new high-priority targets and has identified visible gold in recent drill holes, indicating potential for significant resource expansion. These developments are expected to enhance G2’s operational capabilities and strengthen its position in the gold mining industry.

The most recent analyst rating on (TSE:GTWO) stock is a Buy with a C$5.50 price target. To see the full list of analyst forecasts on G2 Goldfields Inc stock, see the TSE:GTWO Stock Forecast page.

G2 Goldfields Announces Spin-Out of Non-Core Assets to G3 Goldfields

G2 Goldfields Inc. has announced an arrangement agreement with its subsidiary G3 Goldfields Inc. to spin out certain non-core assets into G3, allowing G2 to focus on its Oko project in Guyana. This strategic move aims to unlock the value of these non-core assets for shareholders and provide G3 with the necessary capital to explore and develop these assets. The spin-out is subject to regulatory and shareholder approvals, with plans for G3 shares to be listed on the Canadian Securities Exchange.

The most recent analyst rating on (TSE:GTWO) stock is a Buy with a C$4.25 price target. To see the full list of analyst forecasts on G2 Goldfields Inc stock, see the TSE:GTWO Stock Forecast page.