Goldshore Resources (DB:8X00) - Stock Price, News & Analysis

8X00 Stock Overview

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

8X00 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Earnings have grown 19.9% per year over the past 5 years

Risk Analysis

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

Highly volatile share price over the past 3 months compared to the German market

Does not have a meaningful market cap (€86M)

Shareholders have been diluted in the past year

Goldshore Resources Inc. Competitors

Pearl Gold

DB:02P

€11.3m

Greenland Resources

DB:M0LY

€78.4m

BRAIN Biotech

XTRA:BNN

€68.8m

Eisen- und Hüttenwerke

DB:EIS

€202.4m

Price History & Performance

Summary of all time highs, changes and price drops for Goldshore Resources
Historical stock prices
Current Share Price	CA$0.18
52 Week High	CA$0.28
52 Week Low	CA$0.043
Beta	2.91
11 Month Change	-21.74%
3 Month Change	-15.09%
1 Year Change	174.81%
33 Year Change	-55.67%
5 Year Change	n/a
Change since IPO	-67.49%

Recent updates

Shareholder Returns

	8X00	DE Metals and Mining	DE Market
7D	9.8%	3.1%	-0.02%
1Y	174.8%	-27.0%	8.2%

Return vs Industry: 8X00 exceeded the German Metals and Mining industry which returned -27.2% over the past year.

Return vs Market: 8X00 exceeded the German Market which returned 8.2% over the past year.

Price Volatility

Is 8X00's price volatile compared to industry and market?
8X00 volatility
8X00 Average Weekly Movement	20.7%
Metals and Mining Industry Average Movement	11.7%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: 8X00's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: 8X00's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of German stocks.

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?
8X00 fundamental statistics
Market cap	€59.04m
Earnings (TTM)	-€1.72m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-34.3x

P/E Ratio

Is 8X00 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8X00 income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$2.51m
Earnings	-CA$2.51m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0076
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did 8X00 perform over the long term?

See historical performance and comparison

8X00 Stock Overview

Rewards

Risk Analysis

Goldshore Resources Inc. Competitors

DB:02P

€11.3m

DB:M0LY

€78.4m

XTRA:BNN

€68.8m

DB:EIS

€202.4m

Price History & Performance

Recent News & Updates

Goldshore Resources Inc. announced that it has received CAD 13.972358 million in funding

Goldshore Set for Discovery-Focused Winter Exploration Program

Goldshore Resources Inc. announced that it expects to receive CAD 12.5 million in funding

Goldshore Resources Inc. Provides an Update on Resource Expansion Targets At the Moss Deposit

Goldshore Resources Inc. Reports Drill Results from Summer Program

New major risk - Financial position

Recent updates

Goldshore Resources Inc. announced that it has received CAD 13.972358 million in funding

Goldshore Set for Discovery-Focused Winter Exploration Program

Goldshore Resources Inc. announced that it expects to receive CAD 12.5 million in funding

Goldshore Resources Inc. Provides an Update on Resource Expansion Targets At the Moss Deposit

Goldshore Resources Inc. Reports Drill Results from Summer Program

New major risk - Financial position

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

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

President recently bought €121k 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

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