Goldsource Mines Inc. Logo

Goldsource Mines Inc.

GXS.V

(1.5)
Stock Price

0,71 CAD

-48.39% ROA

-57.27% ROE

-8.53x PER

Market Cap.

42.455.657,00 CAD

29.4% DER

0% Yield

0% NPM

Goldsource Mines Inc. Stock Analysis

Goldsource Mines Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Goldsource Mines Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

2 PBV

The stock's PBV ratio (1.38x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

3 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

4 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

5 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

6 ROE

The stock's ROE indicates a negative return (-51.37%) on shareholders' equity, suggesting poor financial performance.

7 ROA

The stock's ROA (-56.83%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

8 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (0) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Goldsource Mines Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Goldsource Mines Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Goldsource Mines Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Goldsource Mines Inc. Revenue
Year Revenue Growth
1996 100.000
1997 1.000.000 90%
1998 4.300.000 76.74%
1999 4.100.000 -4.88%
2000 2.932.820 -39.8%
2001 4.428.153 33.77%
2002 5.565.313 20.43%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Goldsource Mines Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Goldsource Mines Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 1.284.702 100%
2009 2.315.468 44.52%
2010 687.781 -236.66%
2011 604.960 -13.69%
2012 441.277 -37.09%
2013 501.580 12.02%
2014 1.077.670 53.46%
2015 1.450.977 25.73%
2016 1.046.754 -38.62%
2017 1.019.650 -2.66%
2018 780.014 -30.72%
2019 1.675.215 53.44%
2020 1.185.307 -41.33%
2021 1.613.297 26.53%
2022 1.393.647 -15.76%
2023 1.231.520 -13.16%
2023 372.679 -230.45%
2024 2.091.824 82.18%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Goldsource Mines Inc. EBITDA
Year EBITDA Growth
1996 7.300.000
1997 -100.000 7400%
1998 1.500.000 106.67%
1999 800.000 -87.5%
2000 2.151.414 62.82%
2001 2.490.259 13.61%
2002 920.061 -170.66%
2003 -393.376 333.89%
2004 -311.746 -26.18%
2005 -435.525 28.42%
2006 -542.203 19.67%
2007 -306.864 -76.69%
2008 3.316.728 109.25%
2009 -2.315.468 243.24%
2010 1.541.275 250.23%
2011 -604.960 354.77%
2012 15.337.118 103.94%
2013 3.417.290 -348.81%
2014 -1.164.493 393.46%
2015 -1.616.909 27.98%
2016 -4.272.411 62.15%
2017 -2.615.088 -63.38%
2018 -2.789.256 6.24%
2019 -5.836.633 52.21%
2020 -6.394.128 8.72%
2021 -9.501.880 32.71%
2022 -6.017.910 -57.89%
2023 -3.676.628 -63.68%
2023 -4.750.210 22.6%
2024 -4.351.400 -9.17%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Goldsource Mines Inc. Gross Profit
Year Gross Profit Growth
1996 100.000
1997 300.000 66.67%
1998 2.300.000 86.96%
1999 1.400.000 -64.29%
2000 913.726 -53.22%
2001 1.090.232 16.19%
2002 1.642.689 33.63%
2003 -379.504 532.85%
2004 -293.141 -29.46%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 -60.550 100%
2019 -64.369 5.93%
2020 -57.942 -11.09%
2021 -38.072 -52.19%
2022 -39.192 2.86%
2023 -13.976 -180.42%
2023 -168.936 91.73%
2024 -173.560 2.66%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Goldsource Mines Inc. Net Profit
Year Net Profit Growth
1996 -7.900.000
1997 -100.000 -7800%
1998 700.000 114.29%
1999 -400.000 275%
2000 -2.622.381 84.75%
2001 -2.866.835 8.53%
2002 105.419 2819.47%
2003 -32.237 427.01%
2004 -276.469 88.34%
2005 -761.101 63.68%
2006 -263.712 -188.61%
2007 -100.266 -163.01%
2008 -4.978.579 97.99%
2009 -2.151.595 -131.39%
2010 -2.868.364 24.99%
2011 -1.035.685 -176.95%
2012 -16.208.145 93.61%
2013 -4.442.516 -264.84%
2014 -1.132.327 -292.34%
2015 -1.355.188 16.45%
2016 -4.895.742 72.32%
2017 -3.657.611 -33.85%
2018 -3.710.462 1.42%
2019 -6.661.753 44.3%
2020 -9.119.806 26.95%
2021 -9.520.263 4.21%
2022 -6.112.922 -55.74%
2023 -3.552.164 -72.09%
2023 -4.976.883 28.63%
2024 -4.437.092 -12.17%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Goldsource Mines Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1996 -48
1997 0 0%
1998 1 0%
1999 0 0%
2000 -2 100%
2001 -2 50%
2002 0 0%
2003 0 0%
2004 -1 0%
2005 -1 100%
2006 0 0%
2007 0 0%
2008 -3 100%
2009 -1 -100%
2010 -1 0%
2011 0 0%
2012 -6 100%
2013 -2 -500%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Goldsource Mines Inc. Free Cashflow
Year Free Cashflow Growth
1996 -10.400.000
1997 200.000 5300%
1998 1.200.000 83.33%
1999 -400.000 400%
2000 1.134.846 135.25%
2001 -42.628 2762.21%
2002 80.285 153.1%
2003 -812.705 109.88%
2004 -332.559 -144.38%
2005 -548.765 39.4%
2006 -2.455.927 77.66%
2007 -404.974 -506.44%
2008 -5.798.254 93.02%
2009 -10.469.030 44.62%
2010 -5.062.925 -106.78%
2011 -2.584.483 -95.9%
2012 -1.151.653 -124.42%
2013 -516.646 -122.91%
2014 -2.340.834 77.93%
2015 -6.923.036 66.19%
2016 -5.318.599 -30.17%
2017 -2.900.824 -83.35%
2018 -2.795.404 -3.77%
2019 -5.260.841 46.86%
2020 -6.644.310 20.82%
2021 -8.822.336 24.69%
2022 -5.802.663 -52.04%
2023 -3.779.914 -53.51%
2023 -864.022 -337.48%
2024 -887.262 2.62%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Goldsource Mines Inc. Operating Cashflow
Year Operating Cashflow Growth
1996 -1.000.000
1997 200.000 600%
1998 1.800.000 88.89%
1999 100.000 -1700%
2000 1.142.072 91.24%
2001 287.581 -297.13%
2002 80.285 -258.2%
2003 -792.705 110.13%
2004 -205.350 -286.03%
2005 -213.463 3.8%
2006 -297.698 28.3%
2007 -127.700 -133.12%
2008 -422.302 69.76%
2009 -1.033.580 59.14%
2010 -354.038 -191.94%
2011 -697.259 49.22%
2012 -484.934 -43.78%
2013 -516.646 6.14%
2014 -1.655.991 68.8%
2015 -852.923 -94.15%
2016 -3.978.754 78.56%
2017 -2.478.122 -60.56%
2018 -2.667.036 7.08%
2019 -5.100.690 47.71%
2020 -6.477.568 21.26%
2021 -8.384.857 22.75%
2022 -5.730.652 -46.32%
2023 -3.724.862 -53.85%
2023 -850.548 -337.94%
2024 -887.262 4.14%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Goldsource Mines Inc. Capital Expenditure
Year Capital Expenditure Growth
1996 9.400.000
1997 0 0%
1998 600.000 100%
1999 500.000 -20%
2000 7.226 -6819.46%
2001 330.209 97.81%
2002 0 0%
2003 20.000 100%
2004 127.209 84.28%
2005 335.302 62.06%
2006 2.158.229 84.46%
2007 277.274 -678.37%
2008 5.375.952 94.84%
2009 9.435.450 43.02%
2010 4.708.887 -100.38%
2011 1.887.224 -149.51%
2012 666.719 -183.06%
2013 0 0%
2014 684.843 100%
2015 6.070.113 88.72%
2016 1.339.845 -353.05%
2017 422.702 -216.97%
2018 128.368 -229.29%
2019 160.151 19.85%
2020 166.742 3.95%
2021 437.479 61.89%
2022 72.011 -507.52%
2023 55.052 -30.81%
2023 13.474 -308.58%
2024 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Goldsource Mines Inc. Equity
Year Equity Growth
1996 3.700.000
1997 10.400.000 64.42%
1998 11.100.000 6.31%
1999 10.800.000 -2.78%
2000 8.136.225 -32.74%
2001 5.269.390 -54.41%
2002 5.374.809 1.96%
2003 987.694 -444.18%
2004 1.299.843 24.01%
2005 7.525.337 82.73%
2006 7.310.548 -2.94%
2007 7.236.157 -1.03%
2008 19.809.775 63.47%
2009 19.480.163 -1.69%
2010 18.084.200 -7.72%
2011 20.811.021 13.1%
2012 4.626.444 -349.83%
2013 492.260 -839.84%
2014 14.770.236 96.67%
2015 14.124.072 -4.57%
2016 9.671.698 -46.04%
2017 10.754.036 10.06%
2018 10.195.638 -5.48%
2019 12.221.373 16.58%
2020 11.105.347 -10.05%
2021 15.428.474 28.02%
2022 9.834.134 -56.89%
2023 9.585.370 -2.6%
2023 7.924.788 -20.95%
2024 6.816.341 -16.26%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Goldsource Mines Inc. Assets
Year Assets Growth
1996 4.100.000
1997 11.100.000 63.06%
1998 11.800.000 5.93%
1999 11.500.000 -2.61%
2000 9.875.490 -16.45%
2001 7.101.959 -39.05%
2002 6.805.478 -4.36%
2003 1.022.817 -565.37%
2004 1.324.263 22.76%
2005 7.967.462 83.38%
2006 8.024.108 0.71%
2007 7.908.780 -1.46%
2008 20.542.629 61.5%
2009 20.090.107 -2.25%
2010 18.258.477 -10.03%
2011 21.361.720 14.53%
2012 4.693.453 -355.14%
2013 588.229 -697.9%
2014 14.963.825 96.07%
2015 16.008.567 6.53%
2016 12.248.276 -30.7%
2017 11.586.766 -5.71%
2018 10.933.947 -5.97%
2019 13.228.654 17.35%
2020 11.932.182 -10.87%
2021 16.439.605 27.42%
2022 10.614.181 -54.88%
2023 10.353.273 -2.52%
2023 9.282.242 -11.54%
2024 10.283.685 9.74%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Goldsource Mines Inc. Liabilities
Year Liabilities Growth
1996 400.000
1997 700.000 42.86%
1998 700.000 0%
1999 700.000 0%
2000 1.739.265 59.75%
2001 1.832.569 5.09%
2002 1.430.669 -28.09%
2003 35.123 -3973.31%
2004 24.420 -43.83%
2005 442.125 94.48%
2006 713.560 38.04%
2007 672.623 -6.09%
2008 732.854 8.22%
2009 609.944 -20.15%
2010 174.277 -249.99%
2011 550.699 68.35%
2012 67.009 -721.83%
2013 95.969 30.18%
2014 193.589 50.43%
2015 1.884.495 89.73%
2016 2.576.578 26.86%
2017 832.730 -209.41%
2018 738.309 -12.79%
2019 1.007.281 26.7%
2020 826.835 -21.82%
2021 1.011.131 18.23%
2022 780.047 -29.62%
2023 767.903 -1.58%
2023 1.357.454 43.43%
2024 3.467.344 60.85%

Goldsource Mines Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0
Net Income per Share
-0.08
Price to Earning Ratio
-8.53x
Price To Sales Ratio
0x
POCF Ratio
-11.82
PFCF Ratio
-11.64
Price to Book Ratio
6.23
EV to Sales
0
EV Over EBITDA
-8.8
EV to Operating CashFlow
-11.65
EV to FreeCashFlow
-11.48
Earnings Yield
-0.12
FreeCashFlow Yield
-0.09
Market Cap
0,04 Bil.
Enterprise Value
0,04 Bil.
Graham Number
0.46
Graham NetNet
-0.01

Income Statement Metrics

Net Income per Share
-0.08
Income Quality
0.72
ROE
-0.57
Return On Assets
-0.48
Return On Capital Employed
-0.63
Net Income per EBT
1
EBT Per Ebit
1.01
Ebit per Revenue
0
Effective Tax Rate
-0

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0
Operating Profit Margin
0
Pretax Profit Margin
0
Net Profit Margin
0

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.06
Free CashFlow per Share
-0.06
Capex to Operating CashFlow
0.02
Capex to Revenue
0
Capex to Depreciation
-0.36
Return on Invested Capital
-0.56
Return on Tangible Assets
-0.48
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0

Balance Sheet

Cash per Share
0,04
Book Value per Share
0,11
Tangible Book Value per Share
0.11
Shareholders Equity per Share
0.11
Interest Debt per Share
0.03
Debt to Equity
0.29
Debt to Assets
0.19
Net Debt to EBITDA
0.13
Current Ratio
1.15
Tangible Asset Value
0,01 Bil.
Net Current Asset Value
0,00 Bil.
Invested Capital
0.29
Working Capital
0,00 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
37973.5
Debt to Market Cap
0.05

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Goldsource Mines Inc. Dividends
Year Dividends Growth

Goldsource Mines Inc. Profile

About Goldsource Mines Inc.

Goldsource Mines Inc., an exploration stage company, engages in exploration and development of resource properties in Canada and Guyana. It holds 100% interest in the Eagle Mountain gold project that covers an area of approximately 5,050 hectares located in central Guyana, South America. The company was formerly known as International Antam Resources Ltd. and changed its name to Goldsource Mines Inc. in February 2004. Goldsource Mines Inc. was incorporated in 1983 and is headquartered in Vancouver, Canada.

CEO
Mr. Stephen Parsons P.Eng.
Employee
0
Address
570 Granville Street
Vancouver, V6C 3P1

Goldsource Mines Inc. Executives & BODs

Goldsource Mines Inc. Executives & BODs
# Name Age
1 Mr. Bernard Poznanski B.Sc., L.L.B., L.L.M.
Corporate Secretary
70
2 Ms. Kimberly Newsome
Vice President of Finance
70
3 Mr. Ioannis Tsitos M.Sc., MSc
President & Director
70
4 Mr. Nathan Eric Fier CPG., P.Eng.
Executive Chairman
70
5 Mr. Stephen Parsons P.Eng.
Chief Executive Officer
70
6 Ms. Jada Soomer
Director of Communications
70
7 Mr. Kevin Pickett
Chief Geologist
70

Goldsource Mines Inc. Competitors