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White Metal Resources Corp (TSE:TGOL)
:TGOL

White Metal Resources (TGOL) Price & Analysis

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TGOL Stock Chart & Stats

C$0.06
<C$0.01(11.11%)
At close: 4:00 PM EST
C$0.06
<C$0.01(11.11%)

Bulls Say, Bears Say

Bulls Say
Conservative Balance Sheet (no Debt)Having no reported debt is a durable financial strength for an exploration company: it reduces solvency risk, preserves flexibility to pursue drilling and permitting, and lowers near-term refinancing pressure. This supports multi‑month project continuity despite operating losses.
Growing Equity Base Supports FundingA steadily increasing equity base signals successful capital raises and available shareholder funding. For an early‑stage explorer this durability in funding reduces immediate dilution risk, sustains ongoing programs, and provides runway to advance targets over the next several months.
Clear Exploration-focused Business ModelA focused early‑stage exploration model creates clear, milestone‑driven value paths (drill results, resource definition). The company's programmatic approach to geological surveys and drilling concentrates capital toward high‑leverage discovery events, a durable structural advantage if execution continues.
Bears Say
No Revenue And Recurring Operating LossesAbsence of operating revenue and persistent losses indicate the business has not yet validated commercial economics, forcing reliance on external capital. Over 2–6 months this continues to limit margin sustainability and underscores the need for successful exploration or financing to reach profitability.
Negative Operating And Free Cash FlowSustained negative OCF and FCF are a structural weakness for an explorer: they create continuous funding requirements, raise dilution/refinancing risk, and constrain the ability to scale programs. Even with equity, repeated cash burn can pressure project timelines and capital strategy.
Negative Returns On Equity; Capital Not Generating Operating ProfitsNegative ROE over multiple years shows inefficient capital deployment: funds raised have yet to convert into profitable operations or value‑creating assets. This structural inefficiency increases the risk that further funding will be needed before investors see returns.

White Metal Resources News

TGOL FAQ

What was White Metal Resources Corp’s price range in the past 12 months?
White Metal Resources Corp lowest stock price was C$0.04 and its highest was C$0.14 in the past 12 months.
    What is White Metal Resources Corp’s market cap?
    White Metal Resources Corp’s market cap is C$36.49M.
      When is White Metal Resources Corp’s upcoming earnings report date?
      White Metal Resources Corp’s upcoming earnings report date is Mar 06, 2026 which is in 11 days.
        How were White Metal Resources Corp’s earnings last quarter?
        White Metal Resources Corp released its earnings results on Dec 01, 2025. The company reported C$0 earnings per share for the quarter, the consensus estimate of N/A by C$0.
          Is White Metal Resources Corp overvalued?
          According to Wall Street analysts White Metal Resources Corp’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does White Metal Resources Corp pay dividends?
            White Metal Resources Corp does not currently pay dividends.
            What is White Metal Resources Corp’s EPS estimate?
            White Metal Resources Corp’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does White Metal Resources Corp have?
            White Metal Resources Corp has 280,657,960 shares outstanding.
              What happened to White Metal Resources Corp’s price movement after its last earnings report?
              White Metal Resources Corp reported an EPS of C$0 in its last earnings report, expectations of N/A. Following the earnings report the stock price went same 0%.
                Which hedge fund is a major shareholder of White Metal Resources Corp?
                Currently, no hedge funds are holding shares in TSE:TGOL
                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

                  Company Description

                  White Metal Resources Corp

                  Thunder Gold Corp., a junior exploration company, engages in the acquisition, exploration, and development of mining properties in Canada. The company's flagship property is the Tower Mountain gold project located in northwestern Ontario. It also holds interests in the Taranis (Okohongo) Copper-Silver Project and DorWit Copper-Silver project located in located Namibia; and Far Lake Copper-Silver Property located in Thunder Bay, Ontario. The company was formerly known as White Metal Resources Corp. and changed its name to Thunder Gold Corp. in July 2022. Thunder Gold Corp. was founde din 1981 and is based in Thunder Bay, Canada.

                  White Metal Resources (TGOL) Earnings & Revenues

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