Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Gold’n Futures Mineral Corp. ( (TSE:FUTR) ) has provided an announcement.
Gold’n Futures Mineral Corp. has successfully closed debt settlement agreements to resolve outstanding debts of $83,201.22 owed to various creditors for services such as legal and corporate administration. By issuing 11,885,887 common shares at a price of $0.007 per share, the company aims to preserve cash for working capital, which is deemed beneficial for its financial health and operational strategy.
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 using extensive geological expertise and advanced technologies.
Average Trading Volume: 617,774
Technical Sentiment Signal: Sell
Current Market Cap: C$34.35M
Learn more about FUTR stock on TipRanks’ Stock Analysis page.