Goldshore Resources Balance Sheet Health

Financial Health criteria checks 5/6

Goldshore Resources has a total shareholder equity of CA$85.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$98.7M and CA$13.1M respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$6.23m
Equity	CA$85.65m
Total liabilities	CA$13.05m
Total assets	CA$98.70m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GSHR.F's short term assets (CA$6.6M) exceed its short term liabilities (CA$715.4K).

Long Term Liabilities: GSHR.F's short term assets (CA$6.6M) do not cover its long term liabilities (CA$12.3M).

Debt to Equity History and Analysis

Debt Level: GSHR.F is debt free.

Reducing Debt: GSHR.F has not had any debt for past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GSHR.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GSHR.F is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.

Goldshore Resources Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

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

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

Goldshore Resources Inc. Provides Update on Ongoing Activities

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

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

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

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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