Golden Arrow Resources (GRG) AI Stock Analysis

• Market Cap: $8.02M
• Dividend Yield: N/A
• Average Volume (3M): 40.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.84
• Revenue Growth: N/A
• EPS Growth: 17.51%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Mining
• EPS (TTM): -0.04
• Shares Outstanding: 160,416,600
• 10 Day Avg. Volume: 21,247
• 30 Day Avg. Volume: 40,125
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -1.20
• P/FCF Ratio: 0.00
• 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

Golden Arrow Resources faces substantial financial hurdles with no revenue and negative cash flows, severely impacting its financial performance score. However, positive technical indicators and promising corporate developments at the San Pietro Project offset some concerns, providing a moderate outlook. Despite the technical momentum and potential resource expansion, the negative valuation and financial distress limit the overall score to 46.

Golden Arrow Resources Business Overview & Revenue Model

Company Description

Golden Arrow Resources Corporation (GRG) is a Canadian-based exploration company engaged in the discovery, acquisition, and advancement of precious and base metal deposits. It operates primarily in South America, focusing on Argentina and Chile. The company aims to leverage its expertise in identifying high-potential mineral opportunities to develop them into economically viable projects, ultimately enhancing shareholder value.

How the Company Makes Money

Golden Arrow Resources generates revenue through the exploration and development of mineral properties, which can include selling or leasing these properties to larger mining companies or entering into joint ventures. The company may also earn income through the sale of equity stakes in its projects or through royalties and streaming agreements with partners. Additionally, Golden Arrow Resources might secure funding through private placements or public equity offerings to finance its exploration activities.

Golden Arrow Resources Financial Statement Overview

Summary

Golden Arrow Resources faces significant financial challenges characterized by a lack of revenue, shrinking assets and equity, and negative cash flows. While the company maintains low debt levels, its financial health is undermined by sustained losses and reliance on cash reserves and external funding. Strategic measures to generate revenue and improve operational efficiency are critical for future stability.

Income Statement

Golden Arrow Resources shows a challenging income statement with no revenue over the past years, resulting in persistently negative gross profit, EBIT, and net income. The absence of revenue growth and consistent losses indicate financial instability and a lack of profitability, raising concerns about the company's ability to sustain operations without significant changes.

Balance Sheet

The company's balance sheet reveals a concerning trend with declining total assets and stockholders' equity over time. While the debt-to-equity ratio remains favorable due to low debt, the decreasing equity ratio and high liabilities relative to equity signify potential financial distress. The company's reliance on cash reserves is unsustainable without revenue improvements.

Cash Flow

Cash flow analysis indicates negative operating cash flows consistently, with free cash flow also negative. The company's inability to generate positive cash flow from operations or investments suggests liquidity issues. Financing cash flow is positive in some periods, indicating reliance on external funding to manage operations.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-52.52K	-299.77K	-109.67K	-111.28K	-111.28K	-30.63K
	EBIT
-6.53M	-7.86M	-6.13M	-6.80M	-4.97M	-7.33M
	EBITDA
-6.09M	-7.81M	-5.89M	-6.67M	-5.62M	-15.17M
	Net Income Common Stockholders
-6.16M	-5.82M	-6.05M	-6.05M	-5.80M	-19.84M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
438.95K	115.80K	6.23M	16.03M	23.88M	28.88M
	Total Assets
50.29M	6.51M	11.44M	17.24M	25.00M	29.90M
	Total Debt
11.66M	190.77K	427.46K	346.88K	182.32K	280.36K
	Net Debt
11.22M	74.97K	-179.25K	-556.69K	-6.43M	-2.47M
	Total Liabilities
11.96M	935.64K	1.01M	734.13K	450.88K	639.26K
	Stockholders Equity
38.33M	5.57M	10.43M	16.50M	24.55M	29.27M
Cash Flow		Free Cash Flow
-5.27M	-6.65M	-9.76M	-5.54M	-6.00M	-7.65M
	Operating Cash Flow
-5.13M	-6.63M	-5.52M	-5.28M	-5.45M	-7.29M
	Investing Cash Flow
4.34M	5.49M	5.36M	-89.33K	9.93M	1.88M
	Financing Cash Flow
803.75K	649.63K	-143.76K	-332.01K	-625.56K	7.72M

Golden Arrow Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GRG, the sentiment is Positive. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.06, and above the 200-day MA of 0.05, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.99 is Neutral, neither overbought nor oversold. The STOCH value of 30.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GRG.

Golden Arrow Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MD	50 Neutral	C$30.89M	―	-5.53%	―	-48.83%	-49.71%
Sector *	47 Neutral	$2.64B	-3.82	-29.05%	3.32%	2.72%	-29.50%
GRG	46 Neutral	$8.02M	―	-154.07%	―	―	17.51%
AOT	38 Underperform	C$98.40M	―	-3.40%	―	―	47.40%
BTR	31 Underperform	C$36.72M	―	-91.29%	―	―	7.15%
FPC	25 Underperform	C$51.70M	―	-7.12%	―	―	-9.60%

Golden Arrow Resources Corporate Events

Golden Arrow Resources Reports Significant Mineral Discoveries at San Pietro Project

Golden Arrow Resources announced the successful completion of its Phase 2 drilling program at the San Pietro Project in Chile, highlighting the discovery of a substantial mineral deposit in the Rincones target area. The results, including significant intervals of copper, gold, cobalt, and iron, are expected to positively impact the company’s upcoming Mineral Resource Estimate, signaling potential value creation and expansion opportunities for investors and stakeholders.

Golden Arrow Resources Expands Mineralization at San Pietro Project

Golden Arrow Resources has announced promising drilling results from its San Pietro Project in Chile, particularly at the Rincones target. The latest drill, SP-DDH-38, yielded a substantial copper interval, indicating a significant southern extension of mineralization that could impact the upcoming Mineral Resource Estimate. With continued expansion and promising results in Phase 2 of the drilling program, the company is optimistic about the project’s potential and its implications for future resource development.

Golden Arrow Completes Drilling at San Pietro Project

Golden Arrow Resources has successfully completed its Phase 2 drilling at the San Pietro Project in Chile, revealing significant copper, gold, cobalt, and iron mineralization. The company is now working on its first Mineral Resource Estimate, with promising potential for future expansion and additional drill targets.

Golden Arrow Boosts Funding with Successful Placement

Golden Arrow Resources has successfully increased and closed a second tranche of its non-brokered private placement, raising $90,000 through the issuance of 1.8 million units. The funds will support early-stage exploration in Argentina and general working capital. Each unit includes common shares and warrants, offering investors a potential future stake in the company’s growth.

Golden Arrow Resources Closes Private Placement Tranche

Golden Arrow Resources has successfully closed the first tranche of its non-brokered private placement, raising $442,500 through issuance of units at $0.05 each. The funds raised will support the company’s working capital and their flagship San Pietro project in Chile. The offering is subject to regulatory approval and includes a hold period under Canadian securities laws.

Golden Arrow Launches $500,000 Private Placement

Golden Arrow Resources announces a non-brokered private placement to raise $500,000 through the sale of 10 million units, each comprising a common share and a purchase warrant. This financial move aims to support the company’s working capital and its flagship San Pietro project in Chile. The initiative is pending regulatory approval and includes a four-month hold period for the securities issued.

Golden Arrow Resources Launches Private Placement

Golden Arrow Resources announces a non-brokered private placement aiming to raise $500,000 through the sale of 10 million units. Each unit comprises one common share and a warrant to purchase an additional share, supporting the company’s working capital needs. The funds will bolster Golden Arrow’s exploration activities, particularly at the San Pietro IOCG Project in Chile.