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Soma Gold ( (TSE:SOMA) ) has shared an update.
Soma Gold Corp. reported a significant financial turnaround in the first half of 2025, with a 21% increase in revenue and a net income of $4.8 million compared to a loss in the previous year. The company has resolved mechanical issues at its el Bagre Mill and completed construction of a new leach tank, which is expected to enhance gold production. With the el Limon Mill ramping up and processing higher-grade ore, Soma anticipates increased annual production, positioning it for growth in the gold mining industry.
The most recent analyst rating on (TSE:SOMA) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Soma Gold stock, see the TSE:SOMA Stock Forecast page.
Spark’s Take on TSE:SOMA Stock
According to Spark, TipRanks’ AI Analyst, TSE:SOMA is a Neutral.
Soma Gold’s overall stock score is driven by its solid financial performance, characterized by strong revenue growth and improving profitability margins. However, technical analysis indicates short-term bearish momentum, and the valuation is moderate. The absence of a dividend yield and reliance on debt financing are potential concerns.
To see Spark’s full report on TSE:SOMA stock, click here.
More about Soma Gold
Soma Gold Corp. is a mining company focused on gold production and exploration, owning two adjacent mining properties in Antioquia, Colombia, with a combined milling capacity of 675 TPD. The company is committed to sustainability and community engagement, and also owns an exploration property in Brazil.
Average Trading Volume: 185,350
Technical Sentiment Signal: Buy
Current Market Cap: C$139.1M
For a thorough assessment of SOMA stock, go to TipRanks’ Stock Analysis page.