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Company price
2.4 CAD 0.19 ( 8.60%)
Last update at 2026-11-04T16:41:00Z
VOLUME
168019
Market Cap
956.01M

Momentum Score

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Thesis Gold & Silver Inc., a resource development company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in Canada. The company explores for gold, silver, and precious metals deposits. It holds 100% interest in the Lawyers-Ranch project covering 495 square kilometers in the Toodoggone mining district of northern central British Columbia. The company was formerly known as Thesis Gold Inc. and changed its name to Thesis Gold & Silver Inc. in February 2026. Thesis Gold & Silver Inc. was incorporated in 2010 and is based in Vancouver, Canada.

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Day Price Range
2.29
Low
2.41
High
52 Week Price Range
0.83
Low
3.62
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Thesis Gold Inc. is a TSX Venture-listed mineral exploration company focused on advancing gold projects through exploration and resource definition. Its long-term growth drivers include successful drill results and resource development, scalable project economics if resources are defined, and potential upside from favorable gold prices and strategic land positions that could support value creation for shareholders. Investors may find the company attractive for leveraged exposure to exploration upside and commodity appreciation.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
2.21
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-2.86%
Net Debt
-
ROCE
-2.53%
Diluted EPS TTM
-0.03

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-02-28 2024-02-29 2023-02-28 2022-12-31 2022-02-28
Type yearly yearly yearly yearly yearly
Date 2025-02-28 2024-02-29 2023-02-28 2022-12-31 2022-02-28
Income before tax 0.92M 1.96M 0.42M 0.42M -7.46M
Net income -1.65M 0.89M -4.86M -4.86M -12.35M
Selling general administrative 5.03M 4.12M 3.35M 3.35M 12.27M
Gross profit - - - - -0.01M
Ebit - - -3.89M -3.81M -12.28M
Ebitda - - - -3.89M -
Operating income -5.18M -4.36M -3.89M -3.89M -12.28M
Interest expense - - - - 0.00M
Tax provision 2.57M 1.07M 5.28M 5.28M 4.89M
Interest income 0.38M 1.15M 0.46M 0.46M 0.15M
Net interest income 0.38M 1.15M 0.46M 0.46M 0.15M
Income tax expense - - 5.28M 5.28M 4.89M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 5.18M 4.36M 3.89M 3.89M 12.28M
Cost of revenue - - - - 0.01M
Total other income expense net 5.72M 5.17M 3.85M 3.85M 4.67M
Net income from continuing ops -1.65M 0.89M -4.86M -4.86M -12.35M
Net income applicable to common shares - - -4.86M -4.86M -12.35M
Breakdown 2025-02-28 2024-02-29 2023-02-28 2022-12-31 2022-02-28
Type yearly yearly yearly yearly yearly
Date 2025-02-28 2024-02-29 2023-02-28 2022-12-31 2022-02-28
Total assets 206.55M 183.83M 129.62M 129.62M 29.87M
Total liab 22.24M 21.57M 15.89M 15.89M 1.25M
Total stockholder equity 184.31M 162.26M 113.72M 113.72M 28.62M
Other current liab - - 0.72M 0.72M 3.39M
Common stock - - 128.72M 128.72M 110.66M
Capital stock 197.46M 175.25M 128.72M 128.72M 29.69M
Retained earnings -31.30M -29.65M -30.54M -30.54M -25.67M
Other liab - - 14.43M 14.43M 8.78M
Other assets - - 1.39M 1.39M 0.84M
Cash 9.39M 7.27M 17.20M 17.20M 13.20M
Total current liabilities 2.16M 4.53M 1.45M 1.45M 11.60M
Other stockholder equity - - 15.54M 15.54M 15.08M
Property plant equipment - - 100.53M 100.53M 77.12M
Total current assets 15.17M 13.26M 27.70M 27.70M 42.60M
Net tangible assets - - 113.72M 113.72M 100.07M
Short term investments 0.04M 0.01M 0.01M 0.01M 0.01M
Net receivables - - 9.87M 9.87M 10.61M
Accounts payable - - 0.63M 0.63M 8.07M
Non currrent assets other 0.59M 1.88M 1.39M 1.39M 0.24M
Non current assets total 191.38M 170.57M 101.92M 101.92M 15.96M
Capital lease obligations 0.97M 0.03M 0.12M 0.12M 0.18M
Breakdown 2025-02-28 2024-02-29 2023-02-28 2022-12-31 2022-02-28
Type yearly yearly yearly yearly yearly
Date 2025-02-28 2024-02-29 2023-02-28 2022-12-31 2022-02-28
Investments -0.03M -24.74M -23.79M -23.79M -48.80M
Change to liabilities - - -8.33M -8.33M 6.92M
Total cashflows from investing activities - - -23.79M -23.79M -48.80M
Net borrowings - - - - -0.02M
Total cash from financing activities 28.68M 10.33M 19.39M 19.39M 44.04M
Change to operating activities - - 1.56M 1.56M -0.64M
Net income -1.65M 0.89M -4.86M -4.86M -12.35M
Change in cash 2.12M -9.93M -14.29M -14.29M -2.64M
Begin period cash flow 7.27M 17.20M 31.48M 31.48M 34.12M
End period cash flow 9.39M 7.27M 17.20M 17.20M 31.48M
Total cash from operating activities -7.45M 4.48M -9.89M -9.89M 2.12M
Issuance of capital stock 30.95M 11.16M 20.62M 20.62M 40.27M
Other cashflows from investing activities - - -0.55M -0.55M -0.56M
Change to account receivables 0.02M 7.02M 0.85M 0.85M -0.96M
Other cashflows from financing activities - - -1.48M -1.48M -2.66M
Change to netincome - - 1.75M 1.75M 9.16M
Capital expenditures 0.00M 0.00M 23.23M 23.23M 48.24M
Change in working capital -3.76M 7.59M -6.77M -6.77M 5.31M
Stock based compensation 1.10M 0.10M 0.31M 0.31M 8.94M
Other non cash items -5.71M -5.17M -3.85M -3.85M -4.67M
Free cash flow -7.45M 4.48M -10.29M -10.29M -46.11M

Peer Comparison*

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 EBITDA (x)
TAU
Thesis Gold Inc
0.19
8.60%
2.40 - - - 4.20 -9.49
SGML
Sigma Lithium Resources Corp
-0.23
2.94%
7.58 - 23.09 29.72 42.12 32.66
AFM
Alphamin Res
0.02
1.60%
1.27 8.44 9.43 2.78 3.33 3.85
SLI
Standard Lithium Ltd
0.05
2.62%
1.96 - - 79.52 2.40 5.29
FWZ
Fireweed Zinc Ltd
-0.05
2.08%
2.35 - 1250.00 - 26.07 -7.01

Profile*

Thesis Gold Inc

Thesis Gold & Silver Inc., a resource development company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in Canada. The company explores for gold, silver, and precious metals deposits. It holds 100% interest in the Lawyers-Ranch project covering 495 square kilometers in the Toodoggone mining district of northern central British Columbia. The company was formerly known as Thesis Gold Inc. and changed its name to Thesis Gold & Silver Inc. in February 2026. Thesis Gold & Silver Inc. was incorporated in 2010 and is based in Vancouver, Canada.

1075 West Georgia, Vancouver, BC, Canada, V6E 3C9

672-910-0026

Name Title Year Born
Dr. Ewan Russell Webster P.Geo., Ph.D. Pres, CEO & Director 1985
Mr. Justin Bourassa Chief Financial Officer 1986
Mr. Nicholas Stajduhar Bus. Devel. Director & Independent Director 1975
Mr. Yuxin Xiang B.A., C.M.A., M.B.A. Advisor 1973
Mr. Sean Mager B.Com., B.Comm., P.Geo., P.Geol CFO & Corporate Secretary 1967
Dr. Ewan Russell Webster P.Geo., Ph.D. President, CEO & Director 1987
Mr. Dave Burwell Vice President of Corporate Development NA
Mr. Nicholas Stajduhar Vice President of Corporate Development 1977
Mr. David Garratt C.A., CPA, CA, CPA CFO & Corporate Secretary NA
Ms. Kettina Cordero Vice President of Investor Relations NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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