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Soma Gold
(SOMA)
Soma Gold (SOMA) vs. iShares MSCI Canada ETF (EWC)
Soma Gold Business Overview & Revenue Model
Soma Gold Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 98.23M | 89.37M | 81.16M | 52.96M | 39.97M | 23.05M |
| Gross Profit | 30.56M | 25.09M | 27.95M | 15.54M | 12.06M | 8.36M |
| EBITDA | 41.11M | 33.17M | 31.11M | 12.56M | 11.15M | 12.95M |
| Net Income | 9.60M | 4.23M | 2.80M | 257.54K | -1.22M | 6.72M |
Balance Sheet | ||||||
| Total Assets | 80.82M | 79.25M | 74.10M | 51.51M | 34.53M | 32.39M |
| Cash, Cash Equivalents and Short-Term Investments | 3.82M | 7.84M | 1.78M | 529.67K | 251.61K | 2.42M |
| Total Debt | 32.25M | 34.91M | 31.30M | 28.79M | 19.14M | 15.67M |
| Total Liabilities | 59.08M | 63.28M | 59.95M | 48.75M | 36.05M | 32.47M |
| Stockholders Equity | 21.73M | 15.96M | 14.15M | 2.77M | -1.52M | -74.20K |
Cash Flow | ||||||
| Free Cash Flow | 23.94M | 9.46M | 6.08M | -9.85M | -3.71M | -3.20M |
| Operating Cash Flow | 32.67M | 20.99M | 19.17M | 10.24M | 4.75M | -535.75K |
| Investing Cash Flow | -16.04M | -11.54M | -15.35M | -19.72M | -7.96M | -9.28M |
| Financing Cash Flow | -9.09M | -714.20K | -3.21M | 9.40M | 1.18M | 12.04M |
Soma Gold Technical Analysis
Soma Gold Peers Comparison
Soma Gold Corporate Events
Soma Gold Corp. announced positive results from a preliminary ore sorting study at the Cordero Mine in Colombia, indicating significant potential to enhance gold production without increasing plant capacity. The study demonstrated that the ore is amenable to sorting, achieving a 275% increase in grade while maintaining high metallurgical recovery, which could effectively double throughput and production at their mills.
The most recent analyst rating on (TSE:SOMA) stock is a Buy 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.
Soma Gold Corp. has announced that the El Limon Mill is in the ramp-up stage, with full capacity expected by December despite challenges from a labor strike at El Bagre. The company has outsourced necessary services and is installing automation to improve processing reliability. Additionally, Soma has appointed Julian Storz as Vice President of Business Development to lead efforts in mergers and acquisitions, aiming for jurisdictional diversity and new production regions. Labor negotiations at El Bagre continue, with progress made on some issues, but significant disagreements remain. The company is hopeful for a resolution before the strike reaches 60 days, after which binding arbitration will commence.
The most recent analyst rating on (TSE:SOMA) stock is a Buy 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.
Soma Gold Corp. has announced that the El Limon Mill is in the ramp-up stage, with full capacity expected by December. Despite a labor strike at El Bagre, Soma has outsourced necessary services to maintain operations. The company has also appointed Julian Storz as Vice President of Business Development to lead efforts in mergers and acquisitions, aiming for strategic growth and diversification. Labor negotiations at El Bagre continue, with the company optimistic about reaching an agreement before the strike enters binding arbitration. The El Limon Mill is expected to significantly contribute to Soma’s gold production, with plans to reach 200 TPD by early 2026.
The most recent analyst rating on (TSE:SOMA) stock is a Buy 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.
Soma Gold Corp. has entered into a definitive agreement with Red Rock Resources PLC to repurchase the net smelter returns royalty on the El Limón gold mine. This move is expected to positively impact operating margins by streamlining the asset’s cost structure and demonstrates Soma Gold’s commitment to maximizing the value of its Colombian portfolio. The transaction, which involves a cash payment and issuance of warrants, is subject to TSX Venture Exchange approval and will be funded from existing working capital.
The most recent analyst rating on (TSE:SOMA) stock is a Buy 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.
Soma Gold Corp. announced that a union representing its Colombian subsidiary’s employees has initiated a strike, leading to a suspension of operations at its Cordero Mine and El Bagre Gold Complex. Despite Soma’s efforts to negotiate in good faith with offers of increased wages and benefits, the union declined the latest proposal and rejected binding arbitration. The strike poses challenges to Soma’s operations and underscores the importance of resolving labor disputes to maintain stability and community relations.
The most recent analyst rating on (TSE:SOMA) stock is a Buy 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.
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.
Soma Gold Corp. has successfully completed the final tranche of its non-brokered private placement, raising a total of CAD$17.25 million. The funds will be used for mill expansion, ore sorting infrastructure, and accelerated exploration and development of the Nechi mine. This oversubscribed financing, which included strategic investors, provides Soma Gold with the flexibility to advance its growth plans and build long-term shareholder value.
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.
Soma Gold Corp. has successfully closed the first tranche of its non-brokered private placement, raising approximately CAD$15.5 million. The funds will be used for mill expansion, ore sorting infrastructure, exploration, and development of the Nechi mine, as well as general working capital. The company also completed a CAD$10 million debt settlement into units, further supporting its strategic growth initiatives.
Soma Gold Corp. announced the full commitment of its non-brokered private placement offering, expected to close soon, raising C$15 million. This offering, under the Listed Issuer Financing Exemption, will enhance Soma’s financial position, allowing further exploration and operational activities, potentially strengthening its industry standing.