Gold’n Futures Faces Financial Statement Filing Delay and Terminates Hercules Option Agreement

Gold’n Futures Mineral Corp. ( (TSE:FUTR) ) has provided an announcement.

Gold’n Futures Mineral Corp. announced a delay in filing its annual financial statements due to financial constraints that affected the commencement of its audit. The company has now secured funds to proceed with the audit and expects to file the necessary documents by June 30, 2025. Additionally, the Hercules-Elmhurst Property Option Agreement with Argonaut Gold Inc. has been terminated, resulting in the reversion of property rights to Alamos and no interest or reimbursement for Gold’n Futures.

Spark’s Take on TSE:FUTR Stock

According to Spark, TipRanks’ AI Analyst, TSE:FUTR is a Underperform.

Gold’n Futures Mineral Corp.’s overall stock score is heavily impacted by its weak financial performance, characterized by zero revenue and persistent losses. The lack of technical indicators and valuation metrics further contribute to a cautious outlook. Without improvement in revenue generation and financial health, the stock remains under significant pressure.

To see Spark’s full report on TSE:FUTR stock, click here.

More about Gold’n Futures Mineral Corp.

Gold’n Futures Mineral Corp. is a mineral exploration company focused on expanding its gold resources and developing viable gold mining operations through the use of geological expertise and advanced technologies.

Technical Sentiment Signal: Buy

Current Market Cap: $25.05M

For a thorough assessment of FUTR stock, go to TipRanks’ Stock Analysis page.