G2 Goldfields Inc (TSE:GTWO)
TSX:GTWO
Top Page
G2 Goldfields Inc
(TSX:GTWO)
Select Model
Select Model
Rating:46Neutral
Price Target:
C$5.00
▲(6.38% Upside)
Action:ReiteratedDate:03/21/26
The score is primarily constrained by ongoing losses and significant cash burn, alongside bearish technical momentum. Offsetting these risks, the company’s zero-debt balance sheet and growing equity/asset base reduce financial fragility, but valuation signals are not supportive due to continued unprofitability.
Positive Factors
Zero Debt Balance Sheet
A zero-debt capital structure materially reduces financial risk for an exploration company, preserving flexibility to time financing and allocate capital to drilling and studies. This durable strength lowers insolvency risk and supports continued exploration activity over the next several quarters.
Negative Factors
Negative Operating Cash Flow
Sustained negative operating cash flow indicates the business is not self-funding and will need external capital to continue exploration and operations. Over 2-6 months this raises financing risk, potential dilution, and constrains the pace of project advancement absent new funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Zero Debt Balance Sheet
A zero-debt capital structure materially reduces financial risk for an exploration company, preserving flexibility to time financing and allocate capital to drilling and studies. This durable strength lowers insolvency risk and supports continued exploration activity over the next several quarters.
Read all positive factors
G2 Goldfields Inc (GTWO) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.21B
Dividend YieldN/A
Average Volume (3M)272.92K
Price to Earnings (P/E)―
Beta (1Y)1.62
Revenue Growth23.81%
EPS Growth-139.39%
CountryCA
Employees112
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.01
Shares Outstanding258,234,000
10 Day Avg. Volume251,717
30 Day Avg. Volume272,922
Financial Highlights & Ratios
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$10.08Price Target Upside114.47% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.02
Revenue Forecast (FY)C$1.05M
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 200...
How the Company Makes Money
null...
G2 Goldfields Inc Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
66
Positive
Cash Flow
24
Negative
| Breakdown | TTM | May 2025 | May 2024 | Aug 2023 | Aug 2022 | Aug 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 973.07K | 629.50K | 530.65K | 315.58K | 346.11K | 436.33K |
| Gross Profit | 946.68K | 610.24K | 518.23K | 291.91K | 294.15K | 381.46K |
| EBITDA | -12.06M | -10.89M | -3.06M | -4.17M | -2.14M | -12.76M |
| Net Income | -12.11M | -10.94M | -3.10M | -4.43M | -2.20M | -12.92M |
Balance Sheet | ||||||
| Total Assets | 153.93M | 104.84M | 64.09M | 43.42M | 17.90M | 13.92M |
| Cash, Cash Equivalents and Short-Term Investments | 59.18M | 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 | 3.92M | 2.36M | 2.48M | 2.02M | 967.55K | 1.02M |
| Stockholders Equity | 150.02M | 102.48M | 61.62M | 41.40M | 16.93M | 12.90M |
Cash Flow | ||||||
| Free Cash Flow | -33.00M | -34.42M | -20.14M | -10.84M | -6.27M | -6.09M |
| Operating Cash Flow | -7.08M | -5.02M | -1.25M | -1.05M | -1.44M | -2.41M |
| Investing Cash Flow | -26.18M | -29.60M | -18.91M | -10.25M | -4.83M | -3.72M |
| Financing Cash Flow | 49.82M | 42.79M | 21.25M | 26.12M | 5.48M | 7.59M |
G2 Goldfields Inc Technical Analysis
Negative
4.70
Price Trends
6.42
Negative
5.84
Negative
4.57
Positive
Market Momentum
-0.44
Positive
32.29
Neutral
14.81
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GTWO, the sentiment is Negative. The current price of 4.7 is below the 20-day moving average (MA) of 5.91, below the 50-day MA of 6.42, and above the 200-day MA of 4.57, indicating a neutral trend. The MACD of -0.44 indicates Positive momentum. The RSI at 32.29 is Neutral, neither overbought nor oversold. The STOCH value of 14.81 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GTWO.
G2 Goldfields Inc 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$1.47B | 281.23 | 2.92% | ― | 131.18% | 150.47% | |
52 Neutral | C$1.38B | -169.61 | -3.47% | ― | ― | ― | |
46 Neutral | C$1.21B | -114.38 | -10.56% | ― | 23.81% | -139.39% | |
46 Neutral | C$1.01B | -76.39 | -12.24% | ― | ― | ― | |
46 Neutral | C$1.55B | -6.94 | -48.77% | ― | 70.93% | 37.37% | |
45 Neutral | C$807.80M | -20.02 | -57.71% | ― | ― | 28.06% |
* Basic Materials Sector Average
TSE:GTWO
G2 Goldfields Inc
4.70
1.48
45.96%
TSE:ELE
Elemental Royalties
22.96
9.16
66.38%
TSE:RUP
Rupert Resources
5.88
1.76
42.72%
TSE:RIO
Rio2
2.36
1.48
168.18%
TSE:NFG
New Found Gold
2.34
0.65
38.87%
TSE:IAU
i-80 Gold Corp
1.84
0.96
109.09%
G2 Goldfields Inc Corporate Events
Business Operations and Strategy
G2 Goldfields Unveils New Oko Gold Discoveries and Ramps Up 100,000-metre Drill Program
Positive
Feb 11, 2026
G2 Goldfields Inc. has launched a 100,000-metre drilling program at its Oko Gold Project in Guyana, aimed at both expanding existing resources and upgrading inferred ounces for a planned feasibility study. The campaign is supported by eight drill ...
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
G2 Goldfields Files PEA Technical Report Showing Robust Economics at Oko Gold Project
Positive
Feb 2, 2026
G2 Goldfields has filed an NI 43-101 technical report supporting a preliminary economic assessment and updated mineral resource estimate for its high-grade Oko Gold Project in Guyana, confirming indicated resources of 1.6 million ounces of gold at...
Business Operations and Strategy
G2 Goldfields Extends High-Grade Gold Mineralisation at Guyana’s OKO Project With Deepest Drill Hit to Date
Positive
Jan 6, 2026
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, 5,99...
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.