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Gensource Potash Corporation, together with its subsidiaries, operates as a fertilizer development company in Canada. It focuses on potash development activities. The company's flagship project is the Tugaske project located in Saskatchewan. Gensource Potash Corporation is headquartered in Saskatoon, Canada.
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Gensource Potash Corporation is a Canada-listed developer advancing potash projects in Saskatchewan to supply fertilizer markets via modular, small-footprint production facilities. Major long-term growth drivers include global fertilizer demand trends and the company's aim for lower-capital, scalable project delivery to accelerate commissioning, which may benefit investors seeking leveraged exposure to potash fundamentals through a development-stage operator.
Principal risks are execution and financing risk typical of development-stage miners, plus commodity price volatility, permitting and regulatory delays, and reliance on securing offtake and project financing.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Income before tax | -2.90M | -6.58M | -2.49M | -4.88M | -1.00M |
| Net income | -2.90M | -6.58M | -2.49M | -4.88M | -1.00M |
| Selling general administrative | 1.88M | 3.31M | 2.03M | 4.63M | 0.83M |
| Selling and marketing expenses | - | - | 0.45M | 0.17M | 0.11M |
| Gross profit | -0.04M | -0.05M | -0.05M | -0.06M | -0.06M |
| Reconciled depreciation | 0.04M | 0.05M | 0.05M | 0.06M | 0.06M |
| Ebit | - | -4.01M | -2.53M | -4.86M | -0.99M |
| Ebitda | - | -3.96M | -2.48M | -4.80M | -0.93M |
| Depreciation and amortization | - | 0.05M | 0.05M | 0.06M | 0.06M |
| Operating income | -1.91M | -4.01M | -2.53M | -4.86M | -0.99M |
| Other operating expenses | - | 4.01M | 2.53M | 4.86M | 1.00M |
| Interest expense | 1.07M | 0.40M | 0.34M | 0.06M | 0.02M |
| Interest income | 0.00M | 0.01M | 0.00M | 0.01M | 0.01M |
| Net interest income | -1.06M | -1.04M | -0.34M | -0.05M | -0.01M |
| Income tax expense | - | -0.00M | 0.34M | 0.06M | 0.02M |
| Total revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total operating expenses | 1.91M | 3.96M | 2.48M | 4.81M | 0.94M |
| Cost of revenue | 0.04M | 0.05M | 0.05M | 0.06M | 0.06M |
| Total other income expense net | 0.08M | -2.57M | 0.38M | 0.04M | 0.00M |
| Net income from continuing ops | -2.90M | -6.58M | -2.49M | -4.88M | -1.00M |
| Net income applicable to common shares | - | - | - | -4.88M | -1.00M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 23.63M | 23.67M | 24.95M | 19.74M | 14.52M |
| Other current assets | - | 0.06M | - | - | - |
| Total liab | 12.79M | 10.48M | 9.50M | 3.36M | 0.54M |
| Total stockholder equity | 10.84M | 13.19M | 15.45M | 16.38M | 13.98M |
| Deferred long term liab | - | - | - | 0.94M | 0.37M |
| Other current liab | - | 5.21M | 0.14M | 0.28M | 0.48M |
| Common stock | - | 45.81M | - | 40.99M | 34.71M |
| Capital stock | 45.81M | 45.81M | 42.42M | 40.99M | 34.71M |
| Retained earnings | -43.04M | -40.14M | -33.56M | -31.07M | -26.19M |
| Other assets | - | - | - | 0.94M | 0.37M |
| Cash | 0.06M | 0.41M | 0.34M | 1.71M | 0.75M |
| Total current liabilities | 12.79M | 10.48M | 6.61M | 0.32M | 0.53M |
| Current deferred revenue | - | -4.96M | - | - | - |
| Net debt | 6.27M | 4.86M | 4.83M | 1.23M | - |
| Short term debt | - | 5.27M | - | - | - |
| Short long term debt | 6.33M | 5.47M | 2.33M | - | - |
| Short long term debt total | - | 5.27M | - | - | - |
| Other stockholder equity | - | 7.45M | - | 0.07M | - |
| Property plant equipment | - | - | - | 16.63M | 13.35M |
| Total current assets | 0.36M | 0.73M | 0.72M | 2.17M | 0.80M |
| Long term investments | - | - | - | - | 0.01M |
| Net tangible assets | - | - | - | 16.38M | 13.98M |
| Short term investments | 0.00M | 0.00M | 0.01M | 0.01M | - |
| Net receivables | - | 0.25M | - | 0.14M | 0.04M |
| Long term debt | - | - | 2.84M | 2.94M | - |
| Accounts payable | 6.45M | 4.96M | 4.09M | 0.28M | 0.48M |
| Accumulated other comprehensive income | - | 0.07M | - | - | - |
| Non currrent assets other | - | 4.59M | - | - | - |
| Non current assets total | 23.27M | 22.94M | 24.23M | 17.57M | 13.72M |
| Capital lease obligations | 0.00M | 0.05M | 0.10M | 0.14M | 0.06M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | -0.36M | -0.69M | -3.27M | -3.21M | -4.30M |
| Change to liabilities | - | - | - | 0.00M | 0.00M |
| Total cashflows from investing activities | - | - | - | -3.21M | -4.23M |
| Net borrowings | 0.55M | - | - | 2.91M | -0.08M |
| Total cash from financing activities | 0.55M | 2.64M | 3.32M | 7.95M | -0.26M |
| Change to operating activities | - | - | - | -0.60M | -1.38M |
| Net income | -2.90M | -6.58M | -2.49M | -4.88M | -1.00M |
| Change in cash | -0.35M | 0.07M | -1.37M | 0.96M | -6.74M |
| Begin period cash flow | 0.41M | 0.34M | 1.71M | 0.75M | 7.49M |
| End period cash flow | 0.06M | 0.41M | 0.34M | 1.71M | 0.75M |
| Total cash from operating activities | -0.53M | -1.88M | -1.42M | -3.78M | -2.18M |
| Issuance of capital stock | 0.00M | 2.75M | 1.17M | 5.23M | 1.40M |
| Depreciation | 0.04M | 0.05M | 0.05M | 0.06M | 0.06M |
| Other cashflows from investing activities | - | - | - | - | -0.08M |
| Other cashflows from financing activities | - | -0.05M | 2.21M | 2.80M | -0.29M |
| Change to netincome | - | - | - | 1.64M | 0.15M |
| Capital expenditures | 0.36M | 0.69M | 3.27M | 3.21M | 4.30M |
| Change in working capital | 1.52M | 0.48M | 0.98M | -0.60M | -1.38M |
| Stock based compensation | 0.54M | 1.62M | 0.04M | 1.59M | 0.13M |
| Other non cash items | 0.27M | 4.28M | -0.00M | 0.05M | 0.02M |
| Free cash flow | -0.90M | -2.57M | -4.69M | -6.99M | -6.48M |
Sector: Basic Materials Industry: Other Industrial Metals & Mining
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| GSP Gensource Potash Corporation |
-0.01 7.41% |
0.12 | - | 6.89 | 154.44 | 3.70 | 75.02 | -25.17 |
| SGML Sigma Lithium Resources Corp |
0.10 1.28% |
7.91 | - | 23.09 | 29.72 | 42.12 | 23.03 | 32.66 |
| AFM Alphamin Res |
0.03 2.00% |
1.27 | 8.44 | 9.43 | 2.78 | 3.33 | 2.13 | 3.85 |
| SLI Standard Lithium Ltd |
0.11 5.76% |
2.02 | - | - | 79.52 | 2.40 | 83.96 | 5.29 |
| FWZ Fireweed Zinc Ltd |
0.03 1.25% |
2.43 | - | 1250.00 | - | 26.07 | - | -7.01 |
Gensource Potash Corporation, together with its subsidiaries, operates as a fertilizer development company in Canada. It focuses on potash development activities. The company's flagship project is the Tugaske project located in Saskatchewan. Gensource Potash Corporation is headquartered in Saskatoon, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Micheal John Ferguson P.Eng. | Pres, CEO & Director | NA |
| Mr. Alton Anderson C.A., CPA | CFO & Director | NA |
| Mr. T. Robert Theoret B.Comm., CIM | VP of Corp. Fin. & Bus. Devel. | NA |
| Ms. Deborah Ann Morsky | Corp. Sec. & VP of Corp. Services | NA |
| Mr. Micheal John Ferguson P.Eng. | President, CEO & Director | NA |
| Mr. Alton Anderson C.A., CPA | Chief Financial Officer | NA |
| Mr. T. Robert Theoret B.Comm., CIM | Vice President of Corporate Finance & Business Development | NA |
| Ms. Deborah Ann Morsky | Corporate Secretary & VP of Corporate Services | NA |
| Mr. T. Robert Theoret B.Comm., CIM | Vice President of Finance & Business Development | NA |
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