Golden Lake Exploration (CNSX:GLM) - Stock Price, News & Analysis

GLM Stock Overview

A junior mining exploration company, engages in the acquisition, exploration, and development of mineral property assets. More details

GLM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Shareholders have been substantially diluted in the past year

Earnings have declined by 7.4% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$4M)

+ 1 more risk

Golden Lake Exploration Inc. Competitors

Zena Mining

TSXV:ZCC.H

CA$3.7m

Heritage Mining

CNSX:HML

CA$4.1m

Golden Ridge Resources

TSXV:GLDN

CA$4.4m

York Harbour Metals

TSXV:YORK

CA$4.1m

Price History & Performance

Summary of all time highs, changes and price drops for Golden Lake Exploration
Historical stock prices
Current Share Price	CA$0.045
52 Week High	CA$0.085
52 Week Low	CA$0.035
Beta	2.68
11 Month Change	-30.77%
3 Month Change	-25.00%
1 Year Change	-35.71%
33 Year Change	-70.00%
5 Year Change	-71.88%
Change since IPO	-65.38%

Recent updates

Shareholder Returns

	GLM	CA Metals and Mining	CA Market
7D	12.5%	-0.6%	1.0%
1Y	-35.7%	25.4%	23.0%

Return vs Industry: GLM underperformed the Canadian Metals and Mining industry which returned 31.8% over the past year.

Return vs Market: GLM underperformed the Canadian Market which returned 24% over the past year.

Price Volatility

Is GLM's price volatile compared to industry and market?
GLM volatility
GLM Average Weekly Movement	17.1%
Metals and Mining Industry Average Movement	10.5%
Market Average Movement	8.4%
10% most volatile stocks in CA Market	17.8%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: GLM's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: GLM's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
2018	n/a	Mike England	www.goldenlakex.com

Golden Lake Exploration Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of mineral property assets. It explores for gold, silver, lead, and copper deposits. Its flagship property holds a 100% interest in the Jewel Ridge project covering an area of 728 hectares located in the Eureka mining district, Nevada.

Golden Lake Exploration Inc. Fundamentals Summary

How do Golden Lake Exploration's earnings and revenue compare to its market cap?
GLM fundamental statistics
Market cap	CA$4.47m
Earnings (TTM)	-CA$1.24m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-3.6x

P/E Ratio

Is GLM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLM income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$7.33k
Gross Profit	-CA$7.33k
Other Expenses	CA$1.23m
Earnings	-CA$1.24m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.012
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did GLM perform over the long term?

See historical performance and comparison

GLM Stock Overview

Risk Analysis

Golden Lake Exploration Inc. Competitors

TSXV:ZCC.H

CA$3.7m

CNSX:HML

CA$4.1m

TSXV:GLDN

CA$4.4m

TSXV:YORK

CA$4.1m

Price History & Performance

Recent News & Updates

Golden Lake Exploration Inc. Completes Drilling Program on its Jewel Ridge Property in the Battle Mountain-Eureka Gold Trend, Eureka County, Nevada

Golden Lake Exploration Inc. Set to Drill Magnet Ridge Induced Polarization Anomaly & Provides Drilling Update on its Jewel Ridge Property in the Battle Mountain-Eureka Gold Belt, Eureka County, Nevada

Golden Lake to Expand Current Drill Program to Include the Sterling Tunnel Mine Locale At Jewel Ridge, Battle Mountain-Eureka Gold Belt, Eureka County, Nevada

New major risk - Shareholder dilution

Golden Lake Exploration Inc. Retains HD Drilling Services to Undertake the Upcoming Drill Program At the Jewel Ridge Project, Nevada

Golden Lake Exploration Inc. announced that it has received CAD 0.75 million in funding

Recent updates

Golden Lake Exploration Inc. Completes Drilling Program on its Jewel Ridge Property in the Battle Mountain-Eureka Gold Trend, Eureka County, Nevada

Golden Lake Exploration Inc. Set to Drill Magnet Ridge Induced Polarization Anomaly & Provides Drilling Update on its Jewel Ridge Property in the Battle Mountain-Eureka Gold Belt, Eureka County, Nevada

Golden Lake to Expand Current Drill Program to Include the Sterling Tunnel Mine Locale At Jewel Ridge, Battle Mountain-Eureka Gold Belt, Eureka County, Nevada

New major risk - Shareholder dilution

Golden Lake Exploration Inc. Retains HD Drilling Services to Undertake the Upcoming Drill Program At the Jewel Ridge Project, Nevada

Golden Lake Exploration Inc. announced that it has received CAD 0.75 million in funding

Bureau of Land Management Accepts Golden Lake Exploration Inc.'s Plan of Operations for Upcoming Diamond Drilling on Its Jewel Ridge Gold-Silver-Zinc-Lead Property, Eureka County, Nevada

New major risk - Financial position

New major risk - Share price stability

New minor risk - Shareholder dilution

Golden Lake Exploration Inc. Reports High Silver Values from the Newly Staked Pinto Property in White Pine County, Nevada

Golden Lake Exploration Inc. announced that it expects to receive CAD 0.75 million in funding

Golden Lake Exploration Inc., Annual General Meeting, May 16, 2024

Golden Lake Exploration Inc. Commences Property-Wide Magnetotelluric (Mt) Survey on Its Jewel Ridge Property in the South Eureka Gold Belt, Eureka County, Nevada

New minor risk - Share price stability

Golden Lake Exploration Inc., Annual General Meeting, Mar 30, 2023

Golden Lake Obtains High-Grade Gold, Silver, Lead & Zinc Assays from Sampling on Its Jewel Ridge Property, Eureka County, Nevada

Golden Lake Exploration Inc. Appoints Allan Barry Laboucan to Advisory Board

High number of new and inexperienced directors

Golden Lake Exploration Inc. Reports Remaining Assay Results from Its Phase 2 Diamond Drill Program

High number of new and inexperienced directors

High number of new and inexperienced directors

Golden Lake Extends the "Red Zone" At the Hamburg Mine Zone, Jewel Ridge Project, Nevada

Golden Lake Exploration Inc. (CNSX:GLM) acquired Lord Byron Patented Claims for $0.07 million.

Golden Lake Exploration Inc. (CNSX:GLM) acquired One Full Monty Property and Two Claims on Copperview Property, Princeton, BC for CAD 0.08 million.

Golden Lake Reports "18.71 Metres Averaging 2.85 G/T Gold and 20.5 G/T Ag" from Hamburg Mine Zone, Jewel Ridge Project, Nevada

Golden Lake Exploration Beings Permitting Process for Maiden Diamond Drill Program at Four Target Locations on its 37,814-Hectare Copperview Project in British Columbia

Golden Lake Exploration Inc. Announces Additional Drill Hole Assays and the Commencement of Drilling At the Jewel Ridge Project, Nevada

Golden Lake Exploration Inc. (CNSX:GLM) acquired two claims blocks for $0.02 million.

Golden Lake Samples Return Up to 9,920 G/T Silver in Grab Samples Returned from West Copperview Property Adjacent to Kodiak Copper Corp.'s MPD Property

Golden Lake Exploration Inc. Provides Update of Activities on the Copperview Property, Located Contiguous to the North, South, and West of the "Mpd Property"

Golden Lake Exploration Inc. Reports Assay Results from the First Three Diamond Drill Holes of the Phase 2 Program on the Eureka Target

Golden Lake Exploration Receives Approval to Drill on Blm Lands on the Jewel Ridge Property

Golden Lake Exploration Inc. Initiates Phase 2 Diamond Drilling on the Jewel Ridge Property, Nevada

Golden Lake Exploration Inc. Reports on Ongoing Activities Directed At A Major Exploration Program for 2021, Including 20,000 Feet of Diamond Drilling, on the Company's Keystone Jewel Ridge Gold Property, Located Near the Town of Eureka, NV

Golden Lake Exploration Inc. Announces Board Changes

Golden Lake Exploration Inc. announced that it has received CAD 10.037432 million in funding

Independent Director recently sold CA$77k worth of stock

Golden Lake Exploration Inc. announced that it expects to receive CAD 5.4 million in funding

Golden Lake Exploration Inc. Reports the Discovery of a High-Grade (Gold-Silver-Lead-Zinc) Mineralized Oxide Zone in Diamond Drill Hole JR-20-DD12

New 90-day high: CA$0.55

Golden Lake Reports 303 g/t Silver and 11.2 g/t Gold from Surface Grab Samples at the South Eureka Zone, Jewel Ridge Property, Nevada

Golden Lake Exploration Inc. Announces Resignation of Vic Bradley as Chairman and Director

Golden Lake Exploration Inc. Announces Resignation of Giulio Bonifacio from Board of Directors

Golden Lake Exploration Inc. Reports Further Assay Results from the Summer Drill Program on the Keystone Jewel Ridge Gold Property

Director recently bought CA$63k worth of stock

Golden Lake Exploration Inc. Reports Completion of its Initial Reconnaissance Program on the Copperview Project

Maiden Jewel Ridge Drill Program Returns 2.80 G/T Au over 22.9 Meters, Including 4.38 G/T Au over 12.2 Meters, from Eureka Tunnel Zone

New 90-day high: CA$0.30

New 90-day high - CA$0.23

Shareholder Returns

Price Volatility

About the Company

Golden Lake Exploration Inc. Fundamentals Summary

0.0x

-3.6x

Earnings & Revenue