Gungnir Resources (GUG) AI Stock Analysis

• Market Cap: C$4.19M
• Dividend Yield: N/A
• Average Volume (3M): 39.08K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.15
• Revenue Growth: N/A
• EPS Growth: -13.33%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 119,629,780
• 10 Day Avg. Volume: 34,000
• 30 Day Avg. Volume: 39,083
• PEG Ratio: 0.26
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.59
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: C$0.04 ▲(75.00% Upside)

The score is held back primarily by weak fundamentals (no revenue, persistent losses, and negative free cash flow), partially offset by a strong technical uptrend (price above major moving averages with positive MACD). Valuation is also a drag because the negative P/E reflects ongoing losses and there is no dividend yield data.

Positive Factors

Zero Debt / Conservative Balance Sheet

A debt-free capital structure materially reduces solvency risk for an exploration-stage miner that has intermittent cash flows. Over 2–6 months this preserves optionality to pursue deals, joint ventures or farm-outs without immediate interest burden, lowering bankruptcy risk.

Clear Monetization Pathways

As an early-stage explorer, Gungnir’s business model relies on structural exits — asset sales, JV/option agreements, or advancing discoveries. These durable monetization routes align with industry practice and allow value realization without needing near-term operating revenue or mine construction.

Specialized Early-Stage Gold Exploration Focus

Concentrated expertise in early-stage gold exploration is a strategic asset: it targets high-value discoveries and enables deal flow with majors seeking new prospects. Over months this specialization supports partnerships and optioning potential, key to advancing assets without building production.

Negative Factors

No Revenue / Persistent Losses

Absence of operating revenue and multi-year losses signal a lack of an internally generating business model. Persisting losses erode capital, limit reinvestment capacity, and increase dependence on external funding or asset disposals to sustain exploration and corporate functions over the medium term.

Negative Operating and Free Cash Flow

Consistent negative OCF and FCF indicate the company burns cash to fund exploration and overhead. This creates a durable reliance on capital markets or partners; repeated funding rounds can dilute shareholders and constrain long-term project continuity if markets tighten or partner interest wanes.

Eroding Equity and Negative ROE

Declining shareholder equity and sustained negative ROE reflect value erosion from operating losses. Over a multi-month horizon this shrinks the company’s financial buffer, raises future financing needs, and weakens negotiating leverage in JV or sale discussions compared with better-capitalized peers.

Gungnir Resources Business Overview & Revenue Model

Company Description

Gungnir Resources Inc., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties. The company primarily explores for gold, nickel, copper, cobalt, and base metals. Its key project is the Knaften property that covers an area of approximately 4,887 hectares located in northern Sweden. The company was formerly known as Anglo Swiss Resources Inc. and changed its name to Gungnir Resources Inc. in April 2014. Gungnir Resources Inc. was founded in 1966 and is based in Surrey, Canada.

How the Company Makes Money

Gungnir Resources makes money primarily through the exploration and potential development of mineral resources. Its revenue model is based on discovering commercially viable mineral deposits, which can be monetized through various avenues such as selling the mineral rights, entering into joint ventures with larger mining companies, or eventually developing and operating its own mining operations. Key revenue streams include equity financing, strategic partnerships, and potential future revenues from the sale or licensing of mineral deposits. The company's earnings are significantly influenced by the success of its exploration activities, market conditions for the minerals it targets, and its ability to secure financing and partnerships to advance its projects.

Gungnir Resources Financial Statement Overview

Summary

Gungnir Resources faces financial challenges typical of early-stage mining companies with no revenue and consistent losses. The strong equity position and absence of debt provide some stability but are offset by negative cash flows and declining cash reserves, which may necessitate future capital raising. The company needs to focus on improving operational efficiencies and exploring revenue-generating opportunities.

Income Statement

Gungnir Resources has no revenue over the reported periods, leading to negative profit margins. The company is incurring significant losses, as evidenced by negative EBIT and EBITDA margins. The consistent negative net income highlights ongoing challenges in achieving profitability, typical for companies in the mining sector at early exploration stages.

Balance Sheet

The balance sheet reflects a strong equity position with no debt, resulting in a debt-to-equity ratio of zero, which is a positive indicator. The equity ratio is high, suggesting that the company is primarily financed through equity. However, diminishing cash reserves over recent periods could pose future liquidity challenges.

Cash Flow

The cash flow statement shows negative free cash flow across all periods, indicating cash outflows exceeding inflows, which is concerning. Operating cash flow is also consistently negative, reflecting cash losses from operations. The reliance on financing activities in previous years hints at potential funding needs to sustain operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-689.52K	-517.78K	-735.00K	-950.00K	-878.42K	-631.00K
Net Income	-685.41K	-565.00K	-711.00K	-963.00K	-900.00K	-628.00K
Balance Sheet
Total Assets	4.25M	4.55M	5.08M	5.74M	3.94M	3.46M
Cash, Cash Equivalents and Short-Term Investments	331.22K	657.74K	1.31M	2.50M	1.19M	1.25M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	23.33K	26.68K	49.50K	51.43K	50.33K	24.27K
Stockholders Equity	4.23M	4.52M	5.03M	5.69M	3.89M	3.43M
Cash Flow
Free Cash Flow	-676.25K	-651.92K	-647.79K	-1.43M	-1.05M	-975.63K
Operating Cash Flow	-559.49K	-471.27K	-647.79K	-672.60K	-495.88K	-633.93K
Investing Cash Flow	-174.09K	-180.65K	-540.87K	-520.80K	-550.30K	-357.48K
Financing Cash Flow	0.00	0.00	0.00	2.50M	990.08K	677.00K

Gungnir Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GUG, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.18 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GUG.

Gungnir Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GUG	51 Neutral	C$4.19M	-6.86	-15.09%	―	―	-13.33%
MOLT	49 Neutral	C$4.22M	-1.08	-107.16%	―	―	-124.20%
OPHR	47 Neutral	C$3.46M	-1.56	-42.37%	―	―	50.00%
OPW	44 Neutral	C$3.15M	-0.66	―	―	―	32.88%
SMP	17 Underperform	C$4.18M	-0.35	-231.76%	―	―	-286.86%

Gungnir Resources Corporate Events

Gungnir’s Lappvattnet Nickel Project Gains National Interest Status in Sweden

Gungnir Resources has announced that its Lappvattnet Nickel Project in Sweden has been designated a ‘Property of National Interest’ by the Swedish Geological Survey. This designation is significant as it protects the project from competing land uses, potentially streamlining future permitting processes and enhancing the company’s ability to attract partners and investments for exploration and development. The Lappvattnet and Rormyrberget deposits, located in the Vasterbotten District, are among Sweden’s top nickel sulphide deposits, with substantial nickel resources. The company is also actively seeking new leadership and funding to advance its projects, including potential partnerships and asset transactions.