Breakdown | |||||
TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
57.46M | 36.50M | 30.26M | 36.05M | 53.23M | 39.55M | Gross Profit |
21.15M | 12.19M | -3.95M | 5.32M | 19.61M | 8.95M | EBIT |
12.41M | 3.23M | -11.84M | 2.61M | 8.00M | 3.95M | EBITDA |
19.05M | 10.70M | -6.24M | 6.77M | 13.79M | 47.26M | Net Income Common Stockholders |
3.45M | 1.58M | -7.89M | 692.00K | 7.08M | 43.15M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
1.03M | 72.03M | 95.23M | 73.34M | 66.84M | 52.63M | Total Assets |
150.83M | 312.43M | 302.42M | 264.68M | 225.32M | 183.10M | Total Debt |
42.16M | 0.00 | 775.00K | 1.02M | 959.00K | 1.69M | Net Debt |
41.13M | -72.03M | -94.46M | -72.32M | -65.88M | -50.94M | Total Liabilities |
60.13M | 27.93M | 20.87M | 24.35M | 19.06M | 12.27M | Stockholders Equity |
90.69M | 284.50M | 281.56M | 240.33M | 206.26M | 170.83M |
Cash Flow | Free Cash Flow | ||||
9.88M | -11.88M | -8.46M | -1.18M | 12.10M | 3.71M | Operating Cash Flow |
10.00M | -10.68M | -7.42M | -976.00K | 12.38M | 5.95M | Investing Cash Flow |
-11.18M | -11.20M | -14.90M | -24.70M | -19.70M | -5.88M | Financing Cash Flow |
-737.00K | -976.00K | 44.40M | 32.43M | 20.45M | 50.93M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
80 Outperform | $3.10B | 13.43 | 12.07% | ― | 30.33% | ― | |
76 Outperform | $1.25B | 14.42 | 9.62% | 0.61% | 31.23% | 110.49% | |
66 Neutral | $758.29M | 153.02 | 1.21% | ― | 74.02% | ― | |
58 Neutral | $1.80B | ― | -14.41% | ― | 4.45% | -3193.40% | |
57 Neutral | $3.00B | 23.40 | 16.27% | 0.94% | ― | 61.66% | |
51 Neutral | $2.02B | -1.14 | -21.36% | 3.64% | 2.88% | -30.57% |
GoGold Resources reported a production of 555,479 silver equivalent ounces for the quarter ending March 31, 2025, from its Parral operation. The strong cash flow from Parral is expected to fund further exploration at Los Ricos South and strengthen the company’s balance sheet for upcoming developments. This strategic move is anticipated to enhance GoGold’s value creation and provide flexibility in advancing its projects.
Spark’s Take on TSE:GGD Stock
According to Spark, TipRanks’ AI Analyst, TSE:GGD is a Neutral.
GoGold Resources’ overall stock score reflects a strong balance sheet and positive corporate events, which support potential growth. However, significant challenges remain in terms of cash flow management and stock overvaluation. The technical analysis suggests caution, particularly in the short term. Investors should consider these factors when evaluating the stock’s potential.
To see Spark’s full report on TSE:GGD stock, click here.
GoGold Resources Inc. has successfully closed its bought deal offering, raising C$86.25 million through the sale of 47,391,500 common shares. The proceeds will be used for the development and exploration of the Los Ricos South and North projects, as well as for general corporate purposes, potentially strengthening GoGold’s position in the mining industry.
GoGold Resources has filed a final short form prospectus for its $75,002,200 bought deal public offering of common shares, priced at $1.82 per share, with the potential to raise an additional $11,250,330 if the over-allotment option is fully exercised. The offering, expected to close on April 4, 2025, has received conditional approval from the Toronto Stock Exchange, and aims to bolster the company’s financial position and market presence, although the shares will not be available in the United States.
GoGold Resources announced the re-election of its board of directors at its annual meeting, with all nominees receiving a majority of votes. The reappointment of KPMG LLP as auditors was also confirmed. This event underscores GoGold’s stable governance and continued focus on its strategic projects in Mexico, which may positively impact its operational efficiency and stakeholder confidence.
GoGold Resources Inc. has announced a C$75 million bought deal financing agreement with a syndicate of underwriters led by BMO Capital Markets. The proceeds will be used for the development of the Los Ricos South project, exploration activities at both Los Ricos South and North projects, and general corporate purposes. This financing is expected to bolster GoGold’s operational capabilities and enhance its project development in Mexico, potentially strengthening its position in the silver and gold production industry.
GoGold Resources Inc. has filed a National Instrument 43-101 Feasibility Study for its Los Ricos South Project in Jalisco State, Mexico. The study outlines a 15-year mine life with a re-engineered underground mine plan, projecting an after-tax NPV of $355 million and an IRR of 28% at base case metal prices. The project anticipates producing 80 million payable silver equivalent ounces, with initial capital costs of $227 million. This development marks a significant step for GoGold, positioning the company to commence construction of its first mine in the Los Ricos district, with potential for further expansion and exploration in the area.
GoGold Resources Inc. announced record financial results for the first quarter of 2025, with the Parral facility generating $19.1 million in revenue from the sale of 625,972 silver equivalent ounces. This marks a notable increase in cash flow by over $4 million, attributed to the successful implementation of the SART Zinc circuit. The company sees Parral as a key contributor to funding future projects such as Los Ricos South, reflecting its strong operational performance and financial health.