GT Resources is a Toronto based mining company involved in the exploration of various industry-essential minerals like Nickel, Copper, Cobalt, Palladium and precious metals like Gold, Platinum. The company has its projects spread in two different countries, namely Finland and Canada.
The Canadian projects are based in Ontario and Yukon while the Finland project is in North Central Finland. GT Resources holds 100% stake in its two Finland based projects, named Kostonjarvi Project and Lantinen Koillismaa Project; both of these projects are being explored for Nickel and Copper.
In this blog post, we’ll look at GT Resources (GT) Stock Price prediction from 2024 to 2045 along with its brief description of its historical pricing from 2016 to 2023.
GT Resources (GT) Stock Historical Stock Pricing:
| GT Resources (TSXV: GT) historical stock price year | Historical Price |
| GT Resources (TSXV: GT) historical stock price in 2016 | 0.140 CAD |
| GT Resources (TSXV: GT) historical stock price in 2017 | 0.210 CAD |
| GT Resources (TSXV: GT) historical stock price in 2018 | 0.040 CAD |
| GT Resources (TSXV: GT) historical stock price in 2019 | 0.184 CAD |
| GT Resources (TSXV: GT) historical stock price in 2020 | 0.345 CAD |
| GT Resources (TSXV: GT) historical stock price in 2021 | 0.185 CAD |
| GT Resources (TSXV: GT) historical stock price in 2022 | 0.120 CAD |
| GT Resources (TSXV: GT) historical stock price in 2023 | 0.065 CAD |
GT Resources (GT) Historical Pricing in 2016
February 2016 was the first time trading resumed in the stock of GT Resources after trading in its shares halted in October 2013. In 2016, the stock recorded its highest price in March 2016 when the stock price reached 0.360 CAD. After that the stock price began moving in a weak downtrend. The price eventually reached 0.130 CAD in October 2016 and closed at 0.140 CAD in December.
GT Resources (GT) Historical Pricing in 2017
For the most part of 2017, the stock price of GT Resources was in a downward trend. In February, after recording a ‘high’ at 0.230 CAD, the same stock went as low as 0.040 CAD in October 2017. In December, the stock price went up by 162.50% all at once, which took it to 0.210 CAD.
GT Resources (GT) Historical Pricing in 2018
Due to the sudden spike at the end of the previous year, from the very beginning of 2018, the stock price of GT Resources (GT) began to collapse. Between February and September, the stock price collapsed 81.70%. GT Resources closed at just 0.040 CAD in December 2018.
GT Resources (GT) Historical Pricing in 2019
In 2019, there was some improvement seen in the stock price of TSXV: GT. The stock price grew almost 275.17% in the whole year among uptrends and downtrends. In December 2019, the stock price jumped 0.185 CAD and ended at 0.184 CAD.
GT Resources (GT) Historical Pricing in 2020
After three month-long downtrend between January and March, the price of the shares of GT Resources began going up from April 2020. Between April 2020 and December 2021, the stock price shot up by 384.50% (from 0.050 CAD to 0.345 CAD)
GT Resources (GT) Historical Pricing in 2021
GT Resources’s stock price first moved in a sideways trend from January to June 2021. From June to September, the stock formed all red candles on the chart and its price began to go down and ended up at 0.170. In the last three months of the year, GT’s stock price again moved in a sideways momentum and closed at 0.185 CAD.
GT Resources (GT) Historical Pricing in 2022
After three months of making a new ‘higher high’, the stock price of GT Resources began to drop from April, although the downfall stabilized a bit from July. The closing price of the stock for 2022 was 0.120 CAD in December.
GT Resources (GT) Historical Pricing in 2023
In 2023, GT Resources’s shares faced a more drastic downfall compared to the downtrend of 2022. The downfall started from April 2023 and went straight up to July 2023. Again after a short period of time, the price started declining from October and finally in December the stock ceased trading at 0.065 CAD.
GT Resources (GT) Stock Price Prediction from 2024 to 2045
| GT Resources (GT) Stock Price Prediction | Prediction Price (CAD) |
| GT Resources (GT) Stock Price Prediction for 2024 | 0.035 |
| GT Resources (GT) Stock Price Prediction for 2025 | 0.050 |
| GT Resources (GT) Stock Price Prediction for 2026 | 0.060 |
| GT Resources (GT) Stock Price Prediction for 2027 | 0.057 |
| GT Resources (GT) Stock Price Prediction for 2028 | 0.065 |
| GT Resources (GT) Stock Price Prediction for 2029 | 0.066 |
| GT Resources (GT) Stock Price Prediction for 2030 | 0.071 |
| GT Resources (GT) Stock Price Prediction for 2035 | 0.105 |
| GT Resources (GT) Stock Price Prediction for 2040 | 0.154 |
| GT Resources (GT) Stock Price Prediction for 2045 | 0.227 |
GT Resources (GT) Stock Price Prediction 2024
In 2024 till now, the highest price that the stock touched was 0.085 CAD in February, while the lowest was 0.025 CAD in September and October. For this year, the closing price is expected to be within 0.045 CAD and 0.035 CAD.
| Month | Share price in CAD |
| January | 0.060 |
| February | 0.055 |
| March | 0.055 |
| April | 0.035 |
| May | 0.040 |
| June | 0.045 |
| July | 0.040 |
| August | 0.040 |
| September | 0.025 |
| October | 0.030 |
| November | 0.045 |
| December | 0.035 |
GT Resources (GT) Stock Price Prediction 2025
The average price of the stock of GT Resources (GT) for 2025 will be CAD 0.047, with a high forecast of CAD 0.050, and a lower forecast of CAD 0.045.
| Month | Share price in CAD |
| January | 0.045 |
| February | 0.046 |
| March | 0.045 |
| April | 0.046 |
| May | 0.050 |
| June | 0.047 |
| July | 0.045 |
| August | 0.047 |
| September | 0.048 |
| October | 0.050 |
| November | 0.045 |
| December | 0.050 |
GT Resources (GT) Stock Price Prediction 2026
The average price of the stock of GT Resources (GT) for 2026 will be CAD 0.052, with a high forecast of CAD 0.060, and a lower forecast of CAD 0.05.
| Month | Share price in CAD |
| January | 0.049 |
| February | 0.049 |
| March | 0.045 |
| April | 0.050 |
| May | 0.055 |
| June | 0.051 |
| July | 0.050 |
| August | 0.051 |
| September | 0.060 |
| October | 0.055 |
| November | 0.052 |
| December | 0.060 |
GT Resources (GT) Stock Price Prediction 2027
The average price of the stock of GT Resources (GT) for 2027 will be CAD 0.045, with a high forecast of CAD 0.060, and a lower forecast of CAD 0.050.
| Month | Share price in CAD |
| January | 0.053 |
| February | 0.050 |
| March | 0.054 |
| April | 0.055 |
| May | 0.054 |
| June | 0.055 |
| July | 0.050 |
| August | 0.055 |
| September | 0.060 |
| October | 0.056 |
| November | 0.055 |
| December | 0.057 |
GT Resources (GT) Stock Price Prediction 2028
The average price of the stock of GT Resources (GT) for 2028 will be CAD 0.059, with a high forecast of CAD 0.065, and a lower forecast of CAD 0.055.
| Month | Share price in CAD |
| January | 0.055 |
| February | 0.057 |
| March | 0.060 |
| April | 0.058 |
| May | 0.059 |
| June | 0.059 |
| July | 0.059 |
| August | 0.060 |
| September | 0.055 |
| October | 0.060 |
| November | 0.055 |
| December | 0.065 |
GT Resources (GT) Stock Price Prediction 2029
The average price of the stock of GT Resources (GT) for 2029 will be CAD 0.064, with a high forecast of CAD 0.070, and a lower forecast of CAD 0.062.
| Month | Share price in CAD |
| January | 0.062 |
| February | 0.060 |
| March | 0.062 |
| April | 0.063 |
| May | 0.063 |
| June | 0.065 |
| July | 0.064 |
| August | 0.064 |
| September | 0.065 |
| October | 0.070 |
| November | 0.063 |
| December | 0.066 |
GT Resources (GT) Stock Price Prediction 2030
The average price of the stock of GT Resources (GT) for 2030 will be CAD 0.069, with a high forecast of CAD 0.075, and a lower forecast of CAD 0.067.
| Month | Share price in CAD |
| January | 0.067 |
| February | 0.067 |
| March | 0.067 |
| April | 0.068 |
| May | 0.068 |
| June | 0.069 |
| July | 0.069 |
| August | 0.070 |
| September | 0.070 |
| October | 0.070 |
| November | 0.075 |
| December | 0.071 |
GT Resources (GT) Stock Price Prediction 2035
The average price of the stock of GT Resources (GT) for 2035 will be CAD 0.101, with a high forecast of CAD 0.105, and a lower forecast of CAD 0.098.
| Month | Share price in CAD |
| January | 0.098 |
| February | 0.098 |
| March | 0.099 |
| April | 0.100 |
| May | 0.100 |
| June | 0.101 |
| July | 0.102 |
| August | 0.102 |
| September | 0.103 |
| October | 0.104 |
| November | 0.104 |
| December | 0.105 |
Suggested reading: goeasy Ltd (GSY) Stock Price Prediction from 2024 to 2045 (Complete Information)
GT Resources (GT) Stock Price Prediction 2040
The average price of the stock of GT Resources (GT) for 2040 will be CAD 0.149, with a high forecast of CAD 0.154, and a lower forecast of CAD 0.144.
| Month | Share price in CAD |
| January | 0.144 |
| February | 0.145 |
| March | 0.146 |
| April | 0.140 |
| May | 0.147 |
| June | 0.148 |
| July | 0.145 |
| August | 0.150 |
| September | 0.151 |
| October | 0.152 |
| November | 0.153 |
| December | 0.154 |
GT Resources (GT) Stock Price Prediction 2045
The average price of the stock of GT Resources (GT) for 2045 will be CAD 0.219, with a high forecast of CAD 0.227, and a lower forecast of CAD 0.211.
| Month | Share price in CAD |
| January | 0.211 |
| February | 0.212 |
| March | 0.214 |
| April | 0.215 |
| May | 0.217 |
| June | 0.218 |
| July | 0.219 |
| August | 0.221 |
| September | 0.222 |
| October | 0.224 |
| November | 0.225 |
| December | 0.227 |
GT Resources (GT) Stock Technical Analysis:
Chart and trend analysis:
In a long time frame, we find the shares of GT Resources (GT) to be under a downtrend from 2021 onwards. From April 2024, the downtrend has reverted to a sideways trend.
Support and resistance analysis:
On a monthly time frame,GT Resources’s shares will face the first resistance at 0.045 CAD, hopefully by the end of the year and the next resistance at 0.55 CAD. The support level for GT Resources (GT) on a monthly time frame are currently placed at 0.030 CAD and 0.025 CAD.
GT Resources (GT) Stock Fundamental Analysis:
Company financial overview:
Company market cap: 15.53B CAD
Debt: 0
EPS: -0.010 CAD (as of year-end 2023)
Company performance:
GT Resources is still in its pre-revenue stage. The net income of the company sharply dropped to -10.68M CAD (mainly caused by the economical crisis after COVID period). In the last two years, the net income of the company has improved a bit, but the company is still far from making profits.
Disclaimer:
These stock predictions are purely informational and not financial advice. The author and blog hold no responsibility for financial losses. Always seek guidance from a certified financial advisor before making any investment decisions.
GT Resources (GT) Stock Price Prediction: FAQ
What factors can lead the share price of GT Resources to grow more?
Recently, GT Resources discovered an almost 20-meter interval containing 2.21% nickel, which is expected to contain high-grade nickel sections. This is great news for the company’s future, as it will now be able to exceed its previous estimates.
Welcome to PredictTorontoStocks! I’m Hilda J. Condit, a seasoned finance professional with a passion for the stock market and a deep-rooted connection to the Toronto Stock Exchange (TSX). With a Bachelor’s degree in Finance and specialized training from CSI Global Education’s Canadian Securities Course (CSC), I bring years of experience and expertise to the world of investment.
Over the years, I have had the privilege of working closely with the TSX, gaining valuable insights and building strong relationships with a diverse range of clients across Canada. My career has been dedicated to providing tailored investment advice and helping individuals and institutions navigate the complexities of the stock market.
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