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African Gold Ltd. (DE:8XJ)
FRANKFURT:8XJ
8XJ Stock Chart & Stats
€0.37
<€0.01(3.45%)
At close: 4:00 PM EST
€0.37
<€0.01(3.45%)
Day’s Range― - ―
52-Week Range€0.03 - €0.57
Previous CloseN/A
Volume0.00
Average Volume (3M)3.64K
Market Cap
€296.21M
Enterprise Value€481.58M
Total Cash (Recent Filing)€11.89M
Total Debt (Recent Filing)€0.00
Price to Earnings (P/E)―
Beta0.97
Next Earnings
Mar 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding561,916,140
10 Day Avg. Volume3,800
30 Day Avg. Volume3,639
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)1.66
Price to Sales (P/S)0.00
P/FCF Ratio-6.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Financial LeverageVery low leverage reduces financial risk and supports operational flexibility across commodity cycles. For an exploration company this durable balance-sheet strength lowers near-term solvency pressure, making it easier to fund drill programs or negotiate financing on reasonable terms.
Focused Exploration StrategyA focused business model—discovering and developing gold projects in Africa—creates durable strategic clarity. Specialization can build technical expertise, concentrate capital deployment, and capture upside from successful discoveries, providing asymmetric optionality over time.
Positive Equity BufferDespite erosion, reported net equity (~8.5M in 2024) provides a tangible capital buffer versus insolvent peers. This residual equity supports continuation of exploration activity and gives management runway to pursue value-creating milestones before requiring immediate, large-scale external funding.
Bears Say
No Revenue GenerationThe absence of revenue from 2020–2024 indicates the company remains pre-revenue and dependent on exploration success for monetization. Without operating income, long-term viability requires either a material discovery or asset sale, increasing structural execution and funding risk over the medium term.
Widening Net LossesNet losses accelerating to ~7.3M in 2024 from prior years signal rising cash needs and deteriorating operating performance. Persistent and widening deficits erode shareholder equity, increase the probability of dilutive capital raises, and constrain ability to progress projects without external support.
Persistent Cash BurnConsistently negative operating cash flow and materially negative free cash flow (~-2.24M in 2024) show structural cash burn. Sustaining exploration and development will require recurring external funding, creating dilution or leverage risk and limiting the company's ability to self-fund project advancement.
African Gold Ltd. News
8XJ FAQ
What was African Gold Ltd.’s price range in the past 12 months?
African Gold Ltd. lowest stock price was €0.03 and its highest was €0.57 in the past 12 months.
What is African Gold Ltd.’s market cap?
African Gold Ltd.’s market cap is €296.21M.
When is African Gold Ltd.’s upcoming earnings report date?
African Gold Ltd.’s upcoming earnings report date is Mar 26, 2026 which is in 35 days.
How were African Gold Ltd.’s earnings last quarter?
African Gold Ltd. released its earnings results on Sep 12, 2025. The company reported -€0.017 earnings per share for the quarter, missing the consensus estimate of N/A by -€0.017.
Is African Gold Ltd. overvalued?
According to Wall Street analysts African Gold Ltd.’s price is currently Overvalued.
Does African Gold Ltd. pay dividends?
African Gold Ltd. does not currently pay dividends.
What is African Gold Ltd.’s EPS estimate?
African Gold Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does African Gold Ltd. have?
African Gold Ltd. has 561,916,140 shares outstanding.
What happened to African Gold Ltd.’s price movement after its last earnings report?
African Gold Ltd. reported an EPS of -€0.017 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -1.183%.
Which hedge fund is a major shareholder of African Gold Ltd.?
Currently, no hedge funds are holding shares in DE:8XJ
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
African Gold Ltd. Stock Smart Score
Neutral
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
308.69%
12-Months-Change
Fundamentals
Return on Equity
-140.97%
Trailing 12-Months
Asset Growth
89.55%
Trailing 12-Months
Company Description
African Gold Ltd.
African Gold Limited engages in acquiring, exploring, evaluating, and exploiting mineral resource projects in Africa. The company explores for gold, nickel, cobalt, copper, lithium, tantalum, niobium, and beryllium deposits. It holds interests in various permits in Cote d'Ivoire and Mali. The company was incorporated in 2018 and is headquartered in Subiaco, Australia.
Technical Analysis
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Options Prices
Currently, No data available
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