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

GSHR Stock Overview

A junior gold development company, engages in the acquisition and evaluation of precious metal mineral properties in Canada.

About the company

GSHR fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Risk Analysis

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

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

Does not have a meaningful market cap (CA$82M)

Goldshore Resources Inc. Competitors

Oroco Resource

TSXV:OCO

CA$85.1m

Sailfish Royalty

TSXV:FISH

CA$89.2m

Lavras Gold

TSXV:LGC

CA$88.3m

Lion One Metals

TSXV:LIO

CA$76.0m

Price History & Performance

Summary of all time highs, changes and price drops for Goldshore Resources
Historical stock prices
Current Share Price	CA$0.26
52 Week High	CA$0.31
52 Week Low	CA$0.085
Beta	2.87
11 Month Change	0%
3 Month Change	44.44%
1 Year Change	100.00%
33 Year Change	-60.00%
5 Year Change	n/a
Change since IPO	-68.29%

Is Goldshore Resources (CVE:GSHR) In A Good Position To Deliver On Growth Plans?

May 02

Recent updates

Is Goldshore Resources (CVE:GSHR) In A Good Position To Deliver On Growth Plans?

May 02

Shareholder Returns

	GSHR	CA Metals and Mining	CA Market
7D	-13.3%	-11.1%	-5.8%
1Y	100.0%	-0.3%	6.9%

Return vs Industry: GSHR exceeded the Canadian Metals and Mining industry which returned 2.8% over the past year.

Return vs Market: GSHR exceeded the Canadian Market which returned 8.2% over the past year.

Price Volatility

Is GSHR's price volatile compared to industry and market?
GSHR volatility
GSHR Average Weekly Movement	10.2%
Metals and Mining Industry Average Movement	10.1%
Market Average Movement	8.0%
10% most volatile stocks in CA Market	16.4%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: GSHR's share price has been volatile over the past 3 months.

Volatility Over Time: GSHR's weekly volatility (10%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Mike Henrichsen	goldshoreresources.com

Goldshore Resources Inc., a junior gold development company, engages in the acquisition and evaluation of precious metal mineral properties in Canada. It owns the Moss Lake gold project and the Hillcrest Project; and an option to earn-in to the Vanguard Project, located in Ontario, Canada. Goldshore Resources Inc. is headquartered in Vancouver, Canada.

Goldshore Resources Inc. Fundamentals Summary

How do Goldshore Resources's earnings and revenue compare to its market cap?
GSHR fundamental statistics
Market cap	CA$82.20m
Earnings (TTM)	-CA$3.48m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-22.3x

P/E Ratio

Is GSHR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GSHR income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$3.48m
Earnings	-CA$3.48m

Last Reported Earnings

Mar 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 GSHR perform over the long term?

See historical performance and comparison

GSHR Stock Overview

Rewards

Risk Analysis

Goldshore Resources Inc. Competitors

TSXV:OCO

CA$85.1m

TSXV:FISH

CA$89.2m

TSXV:LGC

CA$88.3m

TSXV:LIO

CA$76.0m

Price History & Performance

Recent News & Updates

Independent Director exercised options to buy CA$290k worth of stock.

New major risk - Financial position

Is Goldshore Resources (CVE:GSHR) In A Good Position To Deliver On Growth Plans?

Goldshore Resources Inc. Appoints Michael Henrichsen as President, and Director, Effective May 1, 2024

New major risk - Share price stability

Price target increased by 9.1% to CA$0.36

Recent updates

Independent Director exercised options to buy CA$290k worth of stock.

New major risk - Financial position

Is Goldshore Resources (CVE:GSHR) In A Good Position To Deliver On Growth Plans?

Goldshore Resources Inc. Appoints Michael Henrichsen as President, and Director, Effective May 1, 2024

New major risk - Share price stability

Price target increased by 9.1% to CA$0.36

New major risk - Shareholder dilution

Goldshore Resources Inc. announced that it has received CAD 3.75 million in funding

Goldshore Resources Inc., Annual General Meeting, Jan 23, 2024

Goldshore Resources Inc. announced that it expects to receive CAD 3.75 million in funding

New minor risk - Share price stability

President recently bought CA$178k worth of stock

Goldshore Resources Inc. Provides Update on Ongoing Activities

New major risk - Shareholder dilution

Goldshore Resources Inc., Annual General Meeting, Sep 05, 2023

High number of new and inexperienced directors

Goldshore Resources Inc. Announce Assay Results from Ongoing 100,000-Meter Drill Program at the Moss Lake Project in Northwest Ontario, Canada

Goldshore Resources Inc. Announces Assay Results from Its Ongoing 100,000-Meter Drill Program At the Moss Lake Project in Northwest Ontario, Canada

Goldshore Resources Inc. has completed a Composite Units Offering in the amount of CAD 5.75 million.

Goldshore Resources Inc Announces Assay Results from Its Ongoing 100,000-Meter Drill Program at the Moss Lake Project in Northwest Ontario, Canada

Goldshore Resources Inc. Announces Mineral Resource Estimate for the Moss Lake Deposit Located At Its Moss Lake Gold Project

Price target decreased to CA$1.30

Goldshore Resources Inc. Intersects 1.34 G/T Au over 90.95M in 100 Meter Step-Out to the North

Goldshore Resources Inc. Announces Assay Results from Its Ongoing 100,000-Meter Drill Program At the Moss Lake Project in Northwest Ontario Canada

Goldshore Resources Inc. Announces Strong Initial Drilling Results from the East Coldstream Deposit 13 Kilometers Northeast of Moss Lake

Goldshore Intersects 29.05M @ 2.99 g/t Au in 100m Down-Dip Step-Out

Goldshore Resources Inc. Announces Assay Results from Previously Unsampled Historic Drill Core at the Moss Lake Project in Northwest Ontario, Canada

Goldshore Resources Inc. Announces Assay Results from Moss Lake Project in Northwest Ontario, Canada

Goldshore Resources Inc. Confirms High Grade Mineralization in the Main Zone

Goldshore Resources Inc. Provides Update on Technical Disclosure

Goldshore Resources Inc. Drills 78.35m at 1.17 g/t Au and Delineates Higher Grade Lenses Within Moss Lake Deposit

Goldshore Resources Inc. Drills 65.0M at 1.04 G/T Au At the Qes Zone Total Width of the Main Zone Expands from 300M-350M to 600M-650M

Goldshore Resources Announces Commencement of Drilling At Coldstream

Goldshore Resources Inc., Announces Assay Results from its Ongoing 100,000-Meter Drill Program At the Moss Lake Project in Northwest Ontario, Canada

Goldshore Resources Inc. announced that it has received CAD 0.5 million in funding

Goldshore Resources Inc. Announces Assay Results in Hole MQD-22-014 from Its Ongoing 100,000-Meter Drill Program At the Moss Lake Project in Northwest Ontario, Canada

No independent directors

Goldshore Resources Inc. Provides Update on Its Moss Lake Project Activities

Goldshore Resources Inc., Annual General Meeting, Jun 23, 2022

Goldshore Resources Inc. Announces Assay Results from Its Ongoing 100,000-Meter Drill Program At the Moss Lake Project in Northwest Ontario, Canada

Goldshore Resources Inc. announced that it has received CAD 10 million in funding

Goldshore Resources Inc. Announces High Grade Go Assay Results from Hole MMD-21-008, Which Continues to Confirm Gold Mineralization At the Moss Lake Gold Deposit in Northwest Ontario, Canada

Goldshore Resources Inc. Announces High Grade Go Assay Results from Hole MMD-21-008, Which Continues to Confirm Gold Mineralization At the Moss Lake Gold Deposit in Northwest Ontario, Canada

Goldshore Resources Inc. Announces Gold Assay Results from Holes MMD-21-006 and MQD-21-009

Goldshore Resources Inc. Announces Gold Assay Results from Hole MMD-21-007

Goldshore Resources Inc. announced that it has received CAD 10 million in funding

President recently bought CA$156m worth of stock

Shareholder Returns

Price Volatility

About the Company

Goldshore Resources Inc. Fundamentals Summary

0.0x

-22.3x

Earnings & Revenue