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Cora Gold
(LSE:CORA)
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Rating:48Neutral
Price Target:
8.00 p
▼(-31.91% Downside)
Action:N/A
Date:05/19/26
The score is primarily constrained by weak financial performance (pre-revenue losses and persistent cash burn), partially offset by a debt-free balance sheet. Technicals are mixed with longer-term trend support but muted momentum, while valuation signals are limited due to negative earnings and no dividend data.
Positive Factors
Debt-free balance sheet
A persistent zero-debt position provides durable financial flexibility for an exploration company. It reduces interest burdens and refinancing risk, allowing capital raised to be allocated directly to drilling and permitting. This structural strength lowers solvency risk across cycles and supports long-term project advancement.
Negative Factors
Pre-revenue and persistent losses
Being pre-revenue with recurring net losses means the business cannot self-fund exploration or development from operations. Over the medium term this requires repeated external funding rounds, raising dilution risk and potentially constraining the pace of project advancement if capital terms tighten.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A persistent zero-debt position provides durable financial flexibility for an exploration company. It reduces interest burdens and refinancing risk, allowing capital raised to be allocated directly to drilling and permitting. This structural strength lowers solvency risk across cycles and supports long-term project advancement.
Read all positive factors
Cora Gold (CORA) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£63.14M
Dividend YieldN/A
Average Volume (3M)392.90K
Price to Earnings (P/E)―
Beta (1Y)>-0.01
Revenue GrowthN/A
EPS Growth-15.00%
CountryUK
Employees19
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding765,296,800
10 Day Avg. Volume443,676
30 Day Avg. Volume392,905
Financial Highlights & Ratios
PEG Ratio-1.22
Price to Book (P/B)1.54
Price to Sales (P/S)0.00
P/FCF Ratio-15.84
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)>-0.01
Revenue Forecast (FY)N/A
Cora Gold Business Overview & Revenue Model
Company Description
Cora Gold Limited, operating alongside its subsidiaries, concentrates on the discovery and progression of mineral resources throughout West Africa. The primary objective of the company is to identify gold deposits. Its principal asset is the Sanan...
How the Company Makes Money
null...
Cora Gold Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
25
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -1.54M | -827.98K | -60.00K | -866.00K | -1.07M |
| Net Income | -1.48M | -1.09M | -4.97M | -2.66M | -386.00K |
Balance Sheet | |||||
| Total Assets | 28.28M | 26.09M | 24.38M | 27.16M | 18.24M |
| Cash, Cash Equivalents and Short-Term Investments | 1.53M | 879.00K | 461.00K | 5.38M | 4.51M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 159.06K | 216.00K | 193.00K | 570.00K | 216.00K |
| Stockholders Equity | 28.12M | 25.88M | 24.18M | 26.59M | 18.02M |
Cash Flow | |||||
| Free Cash Flow | -2.74M | -2.35M | -4.92M | -9.22M | -2.99M |
| Operating Cash Flow | -1.24M | -1.00M | -1.65M | -847.00K | -641.00K |
| Investing Cash Flow | -1.56M | -1.34M | -3.26M | -8.38M | -2.35M |
| Financing Cash Flow | 3.46M | -13.63M | 0.00 | 10.08M | 5.44M |
Cora Gold Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
54 Neutral | £16.65M | -23.37 | -17.24% | ― | ― | -100.00% | |
51 Neutral | £54.62M | -23.73 | -32.61% | ― | ― | 6.19% | |
48 Neutral | £63.14M | -36.98 | -4.66% | ― | ― | -15.00% | |
46 Neutral | £43.05M | -2.67 | -28.28% | ― | ― | -458.82% | |
42 Neutral | £8.54M | -7.00 | -14.14% | ― | ― | 86.31% | |
42 Neutral | £14.69M | -29.48 | -4.26% | ― | ― | 18.18% |
* Basic Materials Sector Average
GB:CORA
Cora Gold
8.25
2.00
32.00%
GB:AAU
Ariana Resources
1.60
-0.13
-7.25%
GB:ORR
Oriole Resources PLC
0.36
0.12
54.35%
GB:WSBN
Wishbone Gold
22.25
-35.75
-61.64%
GB:LEX
Lexington Gold
2.85
-0.60
-17.39%
GB:PAT
Panthera Resources Plc
21.00
8.00
61.54%
Cora Gold Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Cora Gold to Outline Sanankoro Growth Strategy in Investor Webinar
Positive
Jul 7, 2026
Cora Gold Limited, the AIM-listed West African gold developer, will host an investor webinar on 16 July 2026, led by CEO Bert Monro. The event, organised by Turner Pope Investments, is open to shareholders and interested parties and will feature a...
Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
Cora Gold Wins Full Shareholder Backing at AGM as Sanankoro Build Moves Ahead
Positive
Jun 24, 2026
Cora Gold Limited, a West Africa-focused gold developer with key assets in Mali and Senegal, is advancing its flagship Sanankoro Gold Project in Mali’s Yanfolila Gold Belt towards open-pit oxide production. The company’s strategy is su...
Business Operations and StrategyPrivate Placements and Financing
Cora Gold CEO Exercises Warrants as Share Capital Rises Ahead of Sanankoro Push
Positive
Jun 11, 2026
Cora Gold Limited has announced that Chief Executive Officer and Director Robert Monro has exercised warrants over 242,105 ordinary shares at 7 pence each, raising £16,947.35 for the company. The new shares are expected to be admitted to trad...
Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
Cora Gold readies investors as fully funded Sanankoro project nears construction
Positive
Jun 9, 2026
Cora Gold Limited, the AIM-listed West African gold developer, has published an updated corporate presentation and scheduled a live online investor briefing for 12 June 2026, offering updates on recent operational and corporate progress. Managemen...
Business Operations and Strategy
Cora Gold Launches Major Drill Campaign to Extend Sanankoro Mine Life
Positive
Jun 8, 2026
Cora Gold is launching a major 2026 drilling campaign at its Sanankoro Gold Project in Mali, aiming to grow its current 1.044 million ounce JORC-compliant resource and extend the mine life beyond the 10.2 years defined in its 2025 feasibility stud...
Business Operations and StrategyPrivate Placements and Financing
Cora Gold Starts FEED at Fully Funded Sanankoro Project in Mali
Positive
May 26, 2026
Cora Gold, a West Africa-focused gold developer, is concentrating on advancing its flagship Sanankoro Gold Project in southern Mali, which is planned as an open pit oxide mine and supported by a fully funded development package. The company is led...
Business Operations and StrategyFinancial DisclosuresShareholder Meetings
Cora Gold Publishes 2025 Annual Report and Sets June AGM as Key Projects Advance
Neutral
May 19, 2026
Cora Gold Limited, the West Africa-focused gold developer listed on AIM, has published its 2025 Annual Report and consolidated financial statements, along with the notice of its 2026 Annual General Meeting. These documents, approved by the board o...
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresPrivate Placements and FinancingShareholder Meetings
Cora Gold Secures Strategic Funding as Sanankoro DFS Boosts Reserves
Positive
May 18, 2026
Cora Gold has reported further progress at its Sanankoro project, where a 2024 mineral resource estimate confirmed more than 1 million ounces of gold and a 2025 definitive feasibility study outlined a 26% increase in reserves, robust economics and...
Business Operations and StrategyPrivate Placements and Financing
Cora Gold Issues New Shares on Option Exercise as Mali Project Advances
Positive
Apr 20, 2026
Cora Gold Limited, a West African-focused gold developer with key assets in Mali and Senegal, is advancing its flagship Sanankoro open-pit oxide gold project in southern Mali, supported by strong feasibility metrics and a management team experienc...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.