| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -2.99K | 25.36K | 17.71K | 7.41K | 0.00 | 0.00 |
| Gross Profit | -2.99K | 25.36K | 13.41K | -170.11K | -111.44K | 0.00 |
| EBITDA | -3.28M | -2.87M | -2.27M | -6.68M | -10.42M | -6.83M |
| Net Income | -3.21M | -3.74M | -7.08M | -8.21M | 20.52M | -9.00M |
Balance Sheet | ||||||
| Total Assets | 4.88M | 3.38M | 6.98M | 12.10M | 15.48M | 10.20M |
| Cash, Cash Equivalents and Short-Term Investments | 4.26M | 512.61K | 1.34M | 1.18M | 1.95M | 1.51M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 689.44K | 451.34K | 112.88K | 271.59K | 420.79K | 10.57M |
| Stockholders Equity | 4.38M | 3.05M | 6.94M | 11.91M | 14.73M | -365.81K |
Cash Flow | ||||||
| Free Cash Flow | -1.02M | -877.46K | -2.16M | -7.06M | -5.02M | -8.66M |
| Operating Cash Flow | -1.01M | -877.46K | -2.16M | -7.04M | -4.97M | -7.38M |
| Investing Cash Flow | 153.76K | 30.28K | 507.03K | 981.00K | 959.19K | -1.27M |
| Financing Cash Flow | 4.21M | 0.00 | 1.76M | 5.21M | 4.20M | 10.27M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | AU$52.15M | -3.43 | -30.19% | ― | ― | 9.01% | |
47 Neutral | AU$24.13M | -6.54 | -77.71% | ― | ― | ― | |
47 Neutral | AU$36.85M | -110.00 | -2.49% | ― | ― | 37.50% | |
46 Neutral | AU$30.79M | -6.19 | -7.34% | ― | ― | ― | |
45 Neutral | AU$51.99M | -8.18 | -20.41% | ― | 400.00% | 21.71% |
Marvel Gold Limited has entered into a binding Memorandum of Understanding with Askiya Mineral Resources to sell its Yanfolila Gold Project in Mali for up to US$1.94 million. This strategic move allows Marvel to concentrate on its core asset, the Hanang Gold Project in Tanzania, while Askiya, with a strong local presence, is positioned to advance the Yanfolila project. The transaction involves several payment milestones tied to the project’s exploration success and requires Marvel to ensure the renewal and transfer of mining tenements.
Marvel Gold Limited has completed the acquisition of the Hanang Gold Project in Tanzania, receiving all necessary regulatory approvals. The company has expanded its land holdings around Hanang from 230 km² to 380 km² and identified a 3 km gold anomaly through geochemical studies. Additionally, Marvel has sold its interests in the Tabakorole project in Mali, allowing it to concentrate on the promising Hanang Project, which is situated in a highly prospective and underexplored greenstone belt. These developments are expected to enhance Marvel’s exploration potential and strengthen its position in the Tanzanian gold mining sector.
Marvel Gold Ltd. has commenced a high-resolution drone-borne magnetic survey at its Hanang Gold Project in Tanzania, covering 380 square kilometers. This survey aims to enhance the geological understanding of the mineralized belt and refine drill targets, with results expected to impact future drilling priorities. The project is conducted by local contractor SkyPM Solutions, aligning with Marvel’s commitment to supporting local expertise and participation.