Grande Portage Resources (STU:GPB) Beneish M-Score: 0.00 (As of Jun. 26, 2026)


STU:GPB Grande Portage Resources Ltd STU:GPB
22 GF Score
Price €0.22
! 1 Warning Sign
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What is Grande Portage Resources Beneish M-Score?

Grande Portage Resources STU:GPB +42.86% 22 Beneish M-Score is 0.00 as of Jun. 26, 2026. GuruFocus rates STU:GPB with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 685 Metals & Mining companies, Grande Portage Resources ranks worse than 145985.26% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

The historical rank and industry rank for Grande Portage Resources's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Grande Portage Resources was 0.00. The lowest was 0.00. And the median was 0.00.


Grande Portage Resources Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Grande Portage Resources's Beneish M-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Grande Portage Resources Beneish M-Score Chart

Grande Portage Resources Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Grande Portage Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

STU:GPB vs NEM, AU: Beneish M-Score Comparison

For the Gold subindustry, Grande Portage Resources's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grande Portage Resources Beneish M-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grande Portage Resources's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Grande Portage Resources's Beneish M-Score falls into.


STU:GPB
22GF Score
Grande Portage Resources Ltd STU:GPB
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Grande Portage Resources Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Grande Portage Resources for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Jan26) TTM:Last Year (Jan25) TTM:
Total Receivables was €0.03 Mil.
Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Gross Profit was -0.004 + -0.004 + -0.004 + -0.004 = €-0.02 Mil.
Total Current Assets was €6.04 Mil.
Total Assets was €19.68 Mil.
Property, Plant and Equipment(Net PPE) was €13.58 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.02 Mil.
Selling, General, & Admin. Expense(SGA) was €0.47 Mil.
Total Current Liabilities was €0.14 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Net Income was -0.624 + -0.129 + -0.192 + -0.156 = €-1.10 Mil.
Non Operating Income was 0.002 + 0.014 + 0.001 + -0.001 = €0.02 Mil.
Cash Flow from Operations was -0.088 + -0.118 + -0.136 + -0.151 = €-0.49 Mil.
Total Receivables was €0.01 Mil.
Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Gross Profit was -0.004 + -0.004 + -0.004 + -0.004 = €-0.02 Mil.
Total Current Assets was €0.90 Mil.
Total Assets was €14.96 Mil.
Property, Plant and Equipment(Net PPE) was €13.98 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.02 Mil.
Selling, General, & Admin. Expense(SGA) was €0.44 Mil.
Total Current Liabilities was €0.09 Mil.
Long-Term Debt & Capital Lease Obligation was €0.05 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(0.033 / 0) / (0.008 / 0)
= /
=

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(-0.016 / 0) / (-0.016 / 0)
= /
=

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (6.039 + 13.582) / 19.683) / (1 - (0.896 + 13.979) / 14.961)
=0.00315 / 0.005748
=

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=0 / 0
=

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(0.016 / (0.016 + 13.979)) / (0.016 / (0.016 + 13.582))
=0.001143 / 0.001177
=

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(0.473 / 0) / (0.438 / 0)
= /
=

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((0 + 0.137) / 19.683) / ((0.053 + 0.088) / 14.961)
=0.00696 / 0.009425
=

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(-1.101 - 0.016 - -0.493) / 19.683
=-0.031702

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Grande Portage Resources (STU:GPB) has a Beneish M-Score of 0.00 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Grande Portage Resources and its competitors. According to the industry distribution chart, Grande Portage Resources ranks #999999 out of 685 companies in the Metals & Mining industry.
Is Grande Portage Resources' Beneish M-Score too high?
Grande Portage Resources' current Beneish M-Score is 0.00. Based on the distribution chart, Grande Portage Resources ranks #999999 out of 685 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Grande Portage Resources has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Grande Portage Resources' Beneish M-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Grande Portage Resources ranks #999999 out of 685 companies for Beneish M-Score. This places Grande Portage Resources in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Metals & Mining company?
A good Beneish M-Score depends on the Metals & Mining industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Grande Portage Resources and its competitors. Grande Portage Resources's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grande Portage Resources stock overvalued right now?
Grande Portage Resources (STU:GPB) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Grande Portage Resources' overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Grande Portage Resources (STU:GPB), the current Beneish M-Score is 0.00 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Grande Portage Resources Business Description

Other Exchanges GPTRF:USAGPG:Canada
Address 1090 West Georgia Street, Suite 1050, Vancouver, BC, CAN, V6E 3V7
Grande Portage Resources Ltd is a mineral exploration company based in Canada. The principal business activities are the exploration for and development of natural resource properties namely gold, in Alaska. The company holds an interest in New Amalga Mine Gold Project located to the north of Juneau, Alaska.
22GF Score

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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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