TSX-V

Galore Resources Inc.

GRI.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.01
Today's Change
+0.00%
Market Cap
$1.77M
Volume
5.75K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Galore Resources Inc. focuses on acquiring and exploring mineral properties, primarily for gold deposits in North America. The company faces significant concerns, including a low financial health score of 42/100, negative returns on equity and assets, and a concerning current ratio of 0.00, indicating liquidity issues. While the debt-to-equity ratio of 0.40 suggests manageable leverage, the overall financial metrics raise red flags about the company's viability and growth potential. The stock price at $0.01 reflects these challenges, indicating a lack of investor confidence.

Based on 20 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.04
52 Week Low$0.01
Avg Volume6.51K
Beta1.36
Shares Outstanding177.30M

🔥 Valuation

Market Cap$1.77M
Enterprise Value$1.97M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Cash Runway Critical

Company has $2K in cash but burned $32K last quarter. At this burn rate, only 0.1 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-113K over the last year, representing Infinity% of revenue.

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High Debt Load

Debt of $880K is 370.2x the company's cash position of $2K.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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