Goliath Resources Limited

Goliath Resources Limited

0.78
EUR
-0.03
(-4.04%)
-0.10EPS
180.59MMarket Cap
Oct 23Next Earn
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.38
-0.9
-0.43
-0.36
-0.43
-0.58
-1.15
-0.47
-0.26
-0.16
-0.23
-0.28
-0.25
-0.17
Free Cash Flow per Basic Share
-0.38
-0.85
-0.31
-0.45
-0.42
-0.35
-0.65
-0.51
-0.18
-0.08
-0.13
-0.23
-0.18
-0.24
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.94
0.58
0.39
0.22
0.04
-0.13
0.32
0.19
0.02
0.11
0.2
0.07
0.03
0.24
Tangible Book Value per Share
0.94
0.58
0.39
0.22
0.04
-0.13
0.32
0.19
0.02
0.11
0.2
0.07
0.03
0.24
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
4
7
9
36
60
74
102
162
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
-5
-3
-2
-6
-14
-21
-25
-27
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
2
1
- -
5
14
6
3
42
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
- -
- -
- -
- -
- -
2
1
- -
5
14
6
3
42
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-16.49
-53.35
-39.97
-53.79
-147.07
- -
- -
-192.41
-296.22
-201.02
-137.34
-206.11
-526.67
-110.26

Capital Structure

CAD

•

in mil. unless spec.
Sep'25
Dec'25
Mar'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
164
173
177
Market Capitalization
494
424
290

Working Capital

CAD

•

in mil. unless spec.
Sep'25
Dec'25
Mar'25
Total Current Assets
32
53
53
Cash, Cash Equivalents & STI
29
49
51
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
5
12
11
Payables & Accruals
4
1
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-162.9%
327.78%
-44.41%
Free Cash Flow
307.59%
65.07%
9.25%
Net Income, GAAP
325.15%
64.42%
19.65%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.11
-0.03
-0.02
-0.09
-0.25
2025
-0.02
-0.04
-0.05
-0.06
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

CEO
Roger Rosmus
Full Time Employees
12
Sector
Non-energy minerals
Industry
Precious metals
Address
82 Richmond Street East Toronto ON Canada M5C 1P1
IPO Date
Mar 13, 2007
Business
Goliath Resources Limited is a Canadian precious metals exploration company focusing primarily on high-grade gold projects in the prolific Golden Triangle region of northwestern British Columbia and the Abitibi Greenstone Belt in Quebec. The company specializes in the acquisition, exploration, and evaluation of mineral properties with core assets including the Golddigger, Lucky Strike, Copperhead, Bingo, B-ALL Syndicate, Nelligan, and DSM projects. Goliath's flagship asset is the Golddigger property in the Golden Triangle, hosting the Surebet high-grade gold discovery, which is a large, previously undrilled gold system located in a world-class geological and mining-friendly jurisdiction. The Golddigger site benefits from proximity to tidewater and nearby infrastructure including a permitted mill site at Kitsault. Goliath’s exploration activities emphasize extensive drilling programs, having completed over 64,000 meters in 110 drill holes in 2025, with a 100% hit rate on the Surebet discovery, which remains open for expansion. Metallurgical testing at the site has demonstrated excellent recoveries of gold through gravity and flotation processes, highlighting potential economic recovery of gold, silver, copper, lead, and zinc. The company also operates in geopolitical safe jurisdictions amenable to mining in Canada, supported by memberships in collaborative research organizations such as CASERM. Recent corporate developments include a C$23 million bought deal private placement in 2025, several strategic investments notably by institutional investors including Crescat Capital, Eric Sprott, and a Singapore-based global commodity group increasing their ownership stake. Goliath has also significantly increased its fully funded 2025 drill program from 40,000 to 60,000 meters based on new high-grade visible gold findings. The company is actively advancing its acquisition strategy, recently fast-tracking to 49% ownership in the Golddigger property and acquiring key mineral claim blocks in Quebec’s Abitibi Greenstone Belt. These strategic moves support accelerated exploration efforts and reflect a major operational scale-up. Founded in 2007 and headquartered in Toronto, Ontario, Goliath Resources Limited positions itself as a project generator and precious metals explorer with a focus on high-potential, underexplored assets that demonstrate significant mineralization for gold and associated metals. The company pursues a business model combining rigorous field exploration, strategic funding rounds, and partnerships with key institutional and strategic investors to drive growth and project development. In summary, Goliath Resources Limited is a focused precious metals exploration company specializing in gold projects in Canada’s Golden Triangle and Abitibi Greenstone Belt, offering a portfolio of exploration assets backed by significant drilling success, strong metallurgical results, recent strategic capital raises, and accelerated ownership acquisition in flagship properties that enhance its resource potential and development prospects.

Company News

  • Goliath Reports Several Holes, Up To 9.89 g/t AuEq Over 12.00 Meters From Surebet Zone Confirming Continuity, As Well As 24.97 Meters Of 0.70 g/t AuEq From Newly Identified And Extensive Big Bulk Zone, Golddigger Property, Golden Triangle, B.C.

  • Goliath Successfully Completes 48,443 Meters Of Drilling in 97 Drill Holes in 94 Days, With A 100% Hit Rate And Expands Footprint Of High-Grade Surebet Gold Discovery To 2.01 Km2 That Remains Open, Golddigger Property, Golden Triangle, B.C.

  • Goliath Drills Up To 9.12 g/t AuEq Over 11.27 Meters With Visible Gold And Expands Bonanza Zone At The High-Grade Gold Surebet Discovery That Remains Open For Expansion, Golden Triangle, B.C.

  • Goliath Reports Multiple Holes With Visible Gold And Up To 13.81 g/t Au Over 4.85 Meters From Golden Gate Zone, 5.27 g/t AuEq Over 9.85 Meters From Surebet Zone At The High-Grade Gold Surebet Discovery that Remains Open for Expansion, Golden Triangle, B.C.

  • Gold Runner Exploration Expands Golden Girl Property in the Golden Triangle of B.C. Following Completion of Airborne Magnetic Survey and Initial Exploration Results

  • Goliath Intersects 26.80 g/t Au Over 2.30 Meters Within 14.28 g/t Au Over 4.32 Meters From The New Volcanic Wedge Zone Between The Bonanza And Golden Gate Zones That Remains Open For Expansion, On The High-Grade Gold Surebet Discovery, Golden Triangle, B.C.

  • RETRANSMISSION: Gold Runner Exploration Samples Up To 25,306 Grams per Ton Silver With 11.22 Grams per Ton Gold For a Gold Equivalent of 12.7 Ounces per Ton in New 350 Meter Gold Stack Trend on the 100% Controlled Golden Girl Property, Golden Triangle, B.C.

  • Goliath Confirms Multiple Broad Intervals Of Gold Mineralization Connecting The Bonanza And Golden Gate Zones That Remain Open For Expansion, Drilling Continues On The High-Grade Gold Surebet Discovery, Golden Triangle, B.C.

  • Goliath's 2026 Drilling Expands Golden Gate Zone From 0.85 Km² To 1.17 Km² And Bonanza Zone From 1.27 Km² to 1.51 Km² And Remains Open For Expansion, Drilling Continues On The High-Grade Gold Surebet Discovery, Golden Triangle, B.C.

  • Goliath Reports Multiple Holes Up To 7.38 g/t AuEq Over 35.7 Meters, Including 19.51 g/t AuEq Over 8.32 Meters at the High-Grade Gold Surebet Discovery that Remains Open for Expansion, Golden Triangle, B.C.

  • Goliath Reports Up To 9.87 G/T Au Over 5.00 Meters, Confirms A 320 Meter Expansion Of Golden Gate Zone to The Northeast, Remains Open, On High-Grade Gold Surebet Discovery, Golden Triangle, B.C.

  • Goliath Reports Up To 8.09 G/T AuEq Over 16.00 Meters, Assays Confirm Gold Mineralization In Expanded Bonanza and Golden Gate Zones On High-Grade Gold Surebet Discovery, Golden Triangle, B.C.

  • Gold Runner Exploration Receives 5 Year Drilling Permit at Golden Girl Property, Golden Triangle B.C.

  • Goliath Significantly Expands Bonanza Zone By 750 Meters and Golden Gate Zone By 600 Meters On High-Grade Gold Surebet Discovery, Remains Open, Golden Triangle, B.C.

  • Drills Are Turning At Goliath Resources Fully Funded 50,000 Meter Expansion Drill Program On High-Grade Gold Surebet Discovery, Golden Triangle, B.C.

  • Goliath Resources Mobilizes For A Fully Funded 50,000 Meter Expansion Drill Program On Surebet Discovery, Golden Triangle, B.C.

  • Goliath Resources Strengthens Its Advisory Board With The Addition Of Alan Edwards

  • Gold Runner Exploration Announces Closing of Upsized Institutionally Supported Non-Brokered Private Placement Financing of Flow-Through Units and Charity Flow Through Units for $3.1 Million

  • Gold Runner Exploration Upsizes Non-Brokered Private Placement Financing of Flow-Through Units and Charity Flow Through Units to $3,100,000

  • Goliath Resources Acquires 100% Ownership Of The Golddigger Property Hosting The High-Grade Surebet Gold Discovery And Buys Down 1% Of The NSR, Golden Triangle, B.C.