GFG Resources (TSXV:GFG) - Stock Price, News & Analysis

GFG Stock Overview

Engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. More details

GFG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Earnings have declined by 61.1% per year over past 5 years

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

Has less than 1 year of cash runway

Does not have a meaningful market cap (CA$37M)

+ 1 more risk

GFG Resources Inc Competitors

Cerrado Gold

TSXV:CERT

CA$38.8m

Rua Gold

TSXV:RUA

CA$35.7m

Abitibi Metals

CNSX:AMQ

CA$36.9m

Provenance Gold

CNSX:PAU

CA$37.6m

Price History & Performance

Summary of all time highs, changes and price drops for GFG Resources
Historical stock prices
Current Share Price	CA$0.15
52 Week High	CA$0.21
52 Week Low	CA$0.065
Beta	2.22
11 Month Change	-18.42%
3 Month Change	29.17%
1 Year Change	106.67%
33 Year Change	10.71%
5 Year Change	-18.42%
Change since IPO	-89.67%

Here's Why We're Watching GFG Resources' (CVE:GFG) Cash Burn Situation

Oct 13

Recent updates

Here's Why We're Watching GFG Resources' (CVE:GFG) Cash Burn Situation

Oct 13

Is GFG Resources (CVE:GFG) In A Good Position To Invest In Growth?

Feb 16

Shareholder Returns

	GFG	CA Metals and Mining	CA Market
7D	3.3%	3.3%	1.7%
1Y	106.7%	31.8%	24.0%

Return vs Industry: GFG exceeded the Canadian Metals and Mining industry which returned 32.2% over the past year.

Return vs Market: GFG exceeded the Canadian Market which returned 23.4% over the past year.

Price Volatility

Is GFG's price volatile compared to industry and market?
GFG volatility
GFG Average Weekly Movement	11.7%
Metals and Mining Industry Average Movement	10.3%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: GFG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: GFG's weekly volatility (12%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Brian Skanderbeg	www.gfgresources.com

GFG Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold deposits. GFG Resources Inc. is headquartered in Saskatoon, Canada.

GFG Resources Inc Fundamentals Summary

How do GFG Resources's earnings and revenue compare to its market cap?
GFG fundamental statistics
Market cap	CA$37.37m
Earnings (TTM)	-CA$1.25m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-30.0x

P/E Ratio

Is GFG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GFG income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$1.25m
Earnings	-CA$1.25m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0052
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did GFG perform over the long term?

See historical performance and comparison

GFG Stock Overview

Risk Analysis

GFG Resources Inc Competitors

TSXV:CERT

CA$38.8m

TSXV:RUA

CA$35.7m

CNSX:AMQ

CA$36.9m

CNSX:PAU

CA$37.6m

Price History & Performance

Recent News & Updates

Vice President of Exploration recently bought CA$54k worth of stock

Axcap Ventures Inc. and GFG Resources Inc Release Mineral Resource Estimate for the Rattlesnake Hills Gold Project in Wyoming

Here's Why We're Watching GFG Resources' (CVE:GFG) Cash Burn Situation

New major risk - Financial position

Vice President of Exploration recently bought CA$54k worth of stock

GFG Resources Inc, Annual General Meeting, Nov 14, 2024

Recent updates

Vice President of Exploration recently bought CA$54k worth of stock

Axcap Ventures Inc. and GFG Resources Inc Release Mineral Resource Estimate for the Rattlesnake Hills Gold Project in Wyoming

Here's Why We're Watching GFG Resources' (CVE:GFG) Cash Burn Situation

New major risk - Financial position

Vice President of Exploration recently bought CA$54k worth of stock

GFG Resources Inc, Annual General Meeting, Nov 14, 2024

GFG Resources Inc. Extends Gold Mineralization to Depth and Confirms Multiple High Grade Vein Systems with 23.08 g/t Gold over 7.6 m at the Aljo Target - Main Zone

New minor risk - Share price stability

GFG Resources Inc. Drills 13.94 G/T Gold over 7.1 Metres with Significant Visible Gold At the Aljo Mine Target (East of Timmins)

GFG Resources Inc Kick Off 6,000 Metre Drill Program and Initiates Regional Surface Exploration Programs Across Its Timmins Portfolio

Insufficient new directors

New minor risk - Shareholder dilution

GFG Resources Inc announced that it expects to receive CAD 3.3 million in funding

GFG Resources Inc Provides an Update on Goldarm Project

Gfg Resources Inc. Reports Further Gold Assay Results from the Recently Completed 2023 Phase 2 Drill Program At Its Montclerg Gold Project

New minor risk - Share price stability

New major risk - Financial position

GFG Resources Inc, Annual General Meeting, Nov 14, 2023

GFG Resources Inc. Reports the Final Gold Assay Results from Its 13-Hole 2023 Phase 1 Drill Program At the Montclerg Gold Project, Located 40 Kilometres East of Timmins, Ontario

GFG Resources Inc. Drills 9.97 g/t Gold over 8.1 Metres at its Montclerg Gold Project Located in the Timmins Gold District

GFG Resources Announces Executive Changes

GFG Resources Inc announced that it expects to receive CAD 3 million in funding from Alamos Gold Inc. and other investors

GFG Resources Inc Expands High-Grade Gold Mineralization At Montclerg Including 8.46 G/T Gold over 5.0 Metres

GFG Drills Significant Gold Mineralization in Multiple Zones At Montclerg Including 9.85 G/T Gold over 16.0 Metres

GFG Resources Inc Starts Phase 2 2022 Drilling At Montclerg, East of the Prolific Timmins Gold District

GFG Resources Inc announced that it has received CAD 2.051743 million in funding from Alamos Gold Inc.

GFG Resources Inc Appoints Natalie Pietrzak-Renaud as Vice President, Exploration

GFG Resources Inc announced that it expects to receive CAD 2 million in funding

GFG Resources Inc Confirms Continuity Drills 3.40 g/t Au Over 15.0 m at the Montclerg Gold Project, East of the Prolific Timmins Gold District

GFG Resources Inc. Reports New Assay Results from Its 2022 Phase 1 Drill Program At the Montclerg Gold Project

GFG Resources Inc Reports Encouraging Initial Assay Results from the First Seven Holes of Its 2022 Phase 1 Drill Program At the Montclerg Gold Project

GFG Resources Inc (TSXV:GFG) completed the acquisition of Aljo Mine Gold Claims in the Timmins Gold District.

GFG Resources Inc (TSXV:GFG) acquired Aljo Mine Gold Claims in the Timmins Gold District from International Explorers and Prospectors Inc. for CAD 1.2 million.

GFG Resources Inc Announces the Resignation of Rob Mackie as Vice President of Exploration

GFG Resources Inc (TSXV:GFG) entered into a binding letter of intent to acquire Aljo Mine Gold Claims in the Timmins Gold District for CAD 1.2 million.

Is GFG Resources (CVE:GFG) In A Good Position To Invest In Growth?

GFG Resources Inc. Reports New Assay Results from Significant Gold Mineralization At the Montclerg Gold Project

GFG Intercepts Multiple Gold Zones in First Hole at the Montclerg Gold Project and Provides Corporate Update

GFG Resources Inc announced that it has received CAD 3.114655 million in funding

President recently sold CA$102k worth of stock

GFG Provides Initial Drill Results from 2021 Phase 1 Drill Program at the Pen Gold Project West of Timmins, ON

GFG Resources Inc. Provides Update on On-Going Exploration Program at 100% Owned Pen Gold Project in Ontario, Canada

GFG Resources Inc. Provides Results from 2020 Phase 2 Drill Program and Begins 4,000 M Drill Program At the Pen Gold Project West of Timmins

GFG Resources Inc. Announces Initial Drill Results from Recently Completed Phase 2 Drill Program at the Pen Gold Project West of Timmins

GFG Resources Inc Identifies New High-Grade Gold Target and Provides Drilling Update at the Pen Gold Project, West of Timmins, ON

New 90-day low: CA$0.21

GFG Resources Inc Auditor Raises 'Going Concern' Doubt

New 90-day high: CA$0.29

New 90-day high - CA$0.27

Shareholder Returns

Price Volatility

About the Company

GFG Resources Inc Fundamentals Summary

0.0x

-30.0x

Earnings & Revenue