Grc.To
GRC.TO is a gold mining company that generates revenue primarily through the extraction and sale of gold, with operations focused in Canada.
Business. GRC.TO is a gold mining company that generates revenue primarily through the extraction and sale of gold, with operations focused in Canada.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
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- Company
- EarningsQ2 2026 earnings (expected)2026-07-24 · estimated
- Macro
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
GRC.TO is a gold mining company that generates revenue primarily through the extraction and sale of gold, with operations focused in Canada.
GRC.TO has a weak capital structure and liquidity position, as evidenced by a negative operating cash flow of -212,940 and a current ratio of 0.05, indicating significant short-term liquidity constraints. The company's market price of 0.08 and a price-to-book ratio of 0.94 suggest that the market values the company at a discount to its book value, which is below the typical valuation for gold mining firms.
Profitability is a major concern for GRC.TO, with a net loss of -661,670 and a return on equity of -2.75%. These figures are well below the industry norms for gold mining companies, which typically exhibit positive returns on equity and net income. The company's return on assets of -2.44% further underscores its inability to generate returns from its asset base.
The company's revenue is concentrated in gold mining operations, with no disclosed geographic diversification. This concentration increases exposure to commodity price volatility and operational risks in its primary mining regions. The lack of segment or geographic diversification data in the available financials suggests a high dependency on a single revenue stream.
GRC.TO's growth trajectory is negative, with a free cash flow of -1,558,930 and capital expenditures of -941,930, indicating that the company is not generating sufficient cash to fund its operations or expansion. The absence of positive revenue growth or expansion plans in the available data suggests a challenging outlook for the company in the near term.
The company's risk profile is characterized by low liquidity and low dilution risk. However, the negative operating income and net income indicate a high operational risk. The absence of immediate filing-based liquidity or dilution flags does not mitigate the underlying financial instability.
Recent events and filings do not indicate any significant changes in the company's financial or operational status. The lack of recent positive developments or strategic initiatives suggests that the company is not addressing its financial challenges effectively.
- GRC.TO is experiencing significant financial distress, with negative operating and net income.
- The company's liquidity position is weak, as indicated by a low current ratio and negative operating cash flow.
- GRC.TO's profitability metrics are below industry norms, with a negative return on equity and return on assets.
- The company's growth trajectory is negative, with no signs of improvement in the near term.
- There are no immediate liquidity or dilution risks, but the company's financial instability remains a concern.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Physical assets
2 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Gold Springs | Other | Gold | United States | Operating company |
| Gold Springs | Mine | Gold | United States | Operating company |
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Return On Equitynet_income / total_equity
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- GRC.TO Market data — financials · 2026-05-28
Ownership & reference
Leadership
- Antonio CantonPresident, Chief Executive Officer, Director
Insider activity
- Director, 10% owner · Common StockOther 1 880 · 2026-05-07
- Director, 10% owner · Common StockOther 1 680 · 2026-05-07
- Director, 10% owner · Common StockOther 3 360 · 2026-05-07
- Director · Common StockOther 1 344 · 2026-04-24
- Director · Common StockOther 1 344 · 2026-04-24
- Director · Common StockOther 1 344 · 2026-04-24
- Director · Common StockOther 1 344 · 2026-04-24
- Director · Common StockOther 1 344 · 2026-04-24
- Director · Common StockOther 1 344 · 2026-04-24
- Director · Common StockOther 1 344 · 2026-04-24
- Director · Common StockOther 1 000 · 2026-04-01
- VP, Finance · Common StockOther 912 · 2026-03-03
- Treasurer and Asst. Secretary · Common StockOther 924 · 2026-03-03
- VP, Human Resources · Common StockOther 1 033 · 2026-03-03
- VP, Information Technology · Common StockOther 1 062 · 2026-03-03
- EVP, Gen. Counsel & Secretary · Common StockOther 3 566 · 2026-03-03
- EVP and CFO · Common StockOther 4 275 · 2026-03-03
- Director, President and CEO · Common StockOther 9 211 · 2026-03-03
- VP, Finance · Common StockOther 504 · 2026-02-25
- VP, Finance · Common StockOther 862 · 2026-02-25
- Treasurer and Asst. Secretary · Common StockOther 504 · 2026-02-25
- Treasurer and Asst. Secretary · Common StockOther 924 · 2026-02-25
- VP, Human Resources · Common StockOther 504 · 2026-02-25
- VP, Human Resources · Common StockOther 924 · 2026-02-25
- VP, Information Technology · Common StockOther 504 · 2026-02-25
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Current ratio (FY 2025-12-31): 2.37xDerived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 4.3%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 44.9%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 32.0%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): 2.4%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -8.1%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 0.2%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 10.9%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 32.0%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): -16.1%Derived (calculated)
- Return on equity (FY 2025-12-31): 12.8%Derived (calculated)
- Return on assets (FY 2025-12-31): 6.2%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): 32.2%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 52.1%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 3.9%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 1.07xDerived (calculated)
- Net income (annual): USD 53.02MSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES 2SEC XBRL filing
- Operating income (annual): USD 95.36MSEC XBRL filing
- Operating cash flow (annual): USD 106.23MSEC XBRL filing
- Shares outstanding (annual): 26.31MSEC XBRL filing
- Total liabilities (annual): USD 445.33MSEC XBRL filing
- Current assets (annual): USD 233.69MSEC XBRL filing
- Current liabilities (annual): USD 98.61MSEC XBRL filing