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Great Atlantic Resources
(GR)
Select Model
Select Model
Rating:40Underperform
Price Target:
C$0.07
▼(-4.29% Downside)
Action:Downgraded
Date:09/22/26
The score is driven primarily by very weak financial performance (no revenue, persistent losses, ongoing cash burn, and negative equity), which creates elevated funding and solvency risk. Technical indicators are also soft (negative MACD and below longer-term moving averages), while valuation offers limited support due to a negative P/E and no dividend.
Positive Factors
Mineral exploration focus
A dedicated focus on mineral-property acquisition and exploration gives the company a defined strategic identity and exposure to potential resource discovery. Although outcomes remain uncertain, advancing a focused portfolio can create long-term optionality through successful evaluation or development.
Negative Factors
No commercial revenue base
The absence of reported revenue means the company has not yet established a commercial operating base capable of funding activities internally. Persistent losses alongside no sales leave future progress dependent on exploration success, financing access, or eventual asset monetization.
Read all positive and negative factors
Positive Factors
Negative Factors
Mineral exploration focus
A dedicated focus on mineral-property acquisition and exploration gives the company a defined strategic identity and exposure to potential resource discovery. Although outcomes remain uncertain, advancing a focused portfolio can create long-term optionality through successful evaluation or development.
Read all positive factors
Great Atlantic Resources (GR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$4.65M
Dividend YieldN/A
Average Volume (3M)26.56K
Price to Earnings (P/E)―
Beta (1Y)0.33
Revenue GrowthN/A
EPS Growth-15.10%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.05
Shares Outstanding66,377,690
10 Day Avg. Volume28,098
30 Day Avg. Volume26,556
Financial Highlights & Ratios
PEG Ratio-0.20
Price to Book (P/B)-1.36
Price to Sales (P/S)0.00
P/FCF Ratio-5.69
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
Great Atlantic Resources Business Overview & Revenue Model
Company Description
Great Atlantic Resources Corp. is an exploration firm dedicated to identifying, acquiring, and evaluating mineral deposits throughout Atlantic Canada. The company actively seeks a diverse array of precious and base metals, such as gold, silver, le...
How the Company Makes Money
Great Atlantic Resources does not appear to generate recurring operating revenue from the sale of products or services based on publicly available, company-level information accessible in this context. As an exploration-stage issuer, its economic ...
Great Atlantic Resources Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
8
Very Negative
| Breakdown | May 2025 | May 2024 | May 2023 | May 2022 | May 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -98.00K | -95.83K | -230.00K | -250.00K | -167.00K |
| EBITDA | -2.72M | -1.95M | -2.37M | -3.00M | -3.60M |
| Net Income | -3.14M | -2.38M | -2.69M | -3.27M | -3.78M |
Balance Sheet | |||||
| Total Assets | 209.43K | 364.89K | 422.51K | 1.80M | 2.94M |
| Cash, Cash Equivalents and Short-Term Investments | 7.50K | 3.96K | 4.52K | 23.89K | 1.01M |
| Total Debt | 902.46K | 695.07K | 435.48K | 407.51K | 62.41K |
| Total Liabilities | 6.56M | 4.40M | 2.42M | 1.15M | 352.30K |
| Stockholders Equity | -6.35M | -4.04M | -2.00M | 651.78K | 2.59M |
Cash Flow | |||||
| Free Cash Flow | -1.52M | -1.46M | -664.94K | -2.27M | -5.85M |
| Operating Cash Flow | -1.52M | -1.46M | -655.57K | -2.27M | -4.34M |
| Investing Cash Flow | 0.00 | 0.00 | -9.37K | 99.77K | -1.51M |
| Financing Cash Flow | 1.52M | 1.46M | 665.92K | 1.28M | 5.55M |
Great Atlantic Resources Technical Analysis
Negative
0.07
Price Trends
0.07
Negative
0.07
Negative
0.09
Negative
Market Momentum
>-0.01
Positive
43.19
Neutral
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GR, the sentiment is Negative. The current price of 0.07 is below the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.07, and below the 200-day MA of 0.09, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.19 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GR.
Great Atlantic Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
57 Neutral | C$9.18M | 5.46 | 179.78% | ― | ― | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
46 Neutral | C$19.97M | -24.53 | -39.11% | ― | -9.78% | -116.00% | |
43 Neutral | C$2.73M | -5.77 | -48.88% | ― | ― | 53.49% | |
41 Neutral | C$3.22M | -8.77 | -7.79% | ― | ― | -7.41% | |
40 Underperform | C$4.65M | -1.22 | 57.88% | ― | ― | -15.10% |
* General Sector Average
TSE:GR
Great Atlantic Resources
0.07
-0.07
-51.72%
TSE:SRI
Sparton Resources
0.02
>-0.01
-25.00%
TSE:PER
Peruvian Metals
0.14
0.11
350.00%
TSE:ETR
Etruscus Corp
0.05
-0.07
-56.52%
TSE:NLR
Northern Lights Resources
0.14
0.06
75.00%
Great Atlantic Resources Corporate Events
Business Operations and Strategy
Great Atlantic Steps Up New Brunswick Push With EMP Sponsorship and Busy 2026 Field Season
Positive
Sep 3, 2026
Great Atlantic Resources has been named a Gold Sponsor of the 51st annual Exploration, Mining and Petroleum New Brunswick Conference, underscoring its commitment to the province’s resource sector. Senior executives, including President and C...
Business Operations and Strategy
Great Atlantic Restructures to Launch Atlantic Canada Tungsten Mining Unit
Positive
Sep 1, 2026
Great Atlantic Resources has created a wholly owned subsidiary, Atlantic Canada Tungsten Mining Corp., as part of an internal restructuring to consolidate and advance its tungsten assets in Atlantic Canada. The move is aimed at positioning the com...
Business Operations and Strategy
Great Atlantic Resources Expands Critical Metals Footprint Around Mount Pleasant Mine
Positive
Aug 26, 2026
Great Atlantic Resources has substantially expanded its tungsten-tin-indium land holdings in the Mount Pleasant area of southwestern New Brunswick. Through staking three new mineral claims partially surrounding the past-producing Mount Pleasant tu...
Business Operations and Strategy
Great Atlantic Advances Tungsten Exploration at South Quarry Property
Positive
Aug 25, 2026
Great Atlantic Resources has launched its 2026 prospecting and rock geochemical sampling program at the South Quarry Tungsten Property in central Newfoundland, focusing on priority areas defined by past soil and rock anomalies. The work includes s...
Business Operations and Strategy
Great Atlantic Partner Launches EM Surveys at Newfoundland VMS Project
Positive
Aug 18, 2026
Great Atlantic Resources and its option partner HM Exploration are advancing exploration at the Pilley’s Island Project in north-central Newfoundland, a VMS-focused property prospective for copper, zinc, lead, silver and gold. The project li...
Business Operations and Strategy
Great Atlantic Partner Confirms High-Grade Polymetallic Zones at Pilley’s Island
Positive
Aug 5, 2026
Great Atlantic reported additional assays from HM Exploration’s Phase One drilling at the Pilley’s Island Project in Newfoundland, confirming significant copper, zinc, silver and gold mineralization in both upper and lower lenses. The ...
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.