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Tocvan Ventures Corp.
(TOC)
Tocvan Ventures Corp. (TOC) vs. S&P 500 (SPY)
Tocvan Ventures Corp. Business Overview & Revenue Model
Tocvan Ventures Corp. Financial Statement Overview
| Breakdown | ||||
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 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 | EBIT |
| -1.51M | -2.15M | -1.30M | -1.44M | -940.91K | EBITDA |
| -1.13M | -1.70M | -434.88K | -1.44M | -940.91K | Net Income Common Stockholders |
| -1.17M | -1.76M | -3.09M | -1.44M | -940.91K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 780.03K | 1.38M | 1.92M | 149.86K | 897.22K | Total Assets |
| 10.17M | 7.90M | 7.64M | 2.84M | 1.71M | Total Debt |
| 775.21K | 1.96M | 1.92M | 0.00 | 10.92K | Net Debt |
| 673.57K | 1.94M | 1.84M | -149.86K | -886.30K | Total Liabilities |
| 2.26M | 3.62M | 4.05M | 82.39K | 103.70K | Stockholders Equity |
| 7.91M | 4.28M | 3.59M | 2.75M | 1.60M |
| Cash Flow | Free Cash Flow | |||
| -1.26M | -1.08M | -1.86M | -2.47M | -1.08M | Operating Cash Flow |
| -1.26M | -1.08M | -912.84K | -1.23M | -691.63K | Investing Cash Flow |
| -1.55M | -951.44K | -943.41K | -1.24M | -385.91K | Financing Cash Flow |
| 2.89M | 1.96M | 1.79M | 1.73M | 1.73M |
Tocvan Ventures Corp. Technical Analysis
Tocvan Ventures Corp. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
54 Neutral | C$18.07M | 3.24 | 10.15% | ― | ― | ― | |
49 Neutral | $1.95B | -1.32 | -21.23% | 3.72% | 0.87% | -29.37% | |
42 Neutral | C$103.80M | ― | -4.14% | ― | ― | 50.00% | |
39 Underperform | C$40.29M | ― | -25.75% | ― | ― | -17.70% | |
38 Underperform | C$28.01M | ― | -1021.08% | ― | ― | 61.00% | |
32 Underperform | C$4.99M | ― | -53.12% | ― | ― | -2147.62% | |
27 Underperform | C$2.71M | ― | -1265.07% | ― | ― | 9.68% |
Tocvan Ventures Corp. Corporate Events
Tocvan Ventures Corp. has announced ongoing drilling activities at its Gran Pilar Gold-Silver Project in Sonora, Mexico, with five drill holes completed and samples from three holes pending analysis. The company is also amending the terms of its share purchase warrants, extending their expiry dates and reducing exercise prices, subject to regulatory approval. Additionally, Tocvan has engaged SmartIR Marketing LTD for marketing and investor relations services to enhance its outreach and brand management.
Spark’s Take on TSE:TOC Stock
According to Spark, TipRanks’ AI Analyst, TSE:TOC is a Neutral.
Tocvan Ventures Corp. has a low overall score due to its financial instability and lack of revenue, which overshadow the positive technical indicators and promising corporate announcements regarding mineral discoveries. The company’s weak financial fundamentals significantly impact its risk profile, despite the potential for future growth from exploration successes.
To see Spark’s full report on TSE:TOC stock, click here.
Tocvan Ventures Corp. has announced significant results from its core drilling at the Gran Pilar Gold Silver Project in Sonora, Mexico. The drilling extended the Main Zone 70 meters south, revealing high-grade mineralization, including 7.2 g/t gold and 80 g/t silver over 2.6 meters. This discovery opens up potential for further resource expansion to the south, enhancing the company’s exploration prospects and resource modeling efforts. The ongoing reverse circulation drilling aims to explore additional areas, with updates on results and permitting initiatives expected soon.
Spark’s Take on TSE:TOC Stock
According to Spark, TipRanks’ AI Analyst, TSE:TOC is a Neutral.
Tocvan Ventures Corp. has a low overall score due to its financial instability and lack of revenue, which overshadow the positive technical indicators and promising corporate announcements regarding mineral discoveries. The company’s weak financial fundamentals significantly impact its risk profile, despite the potential for future growth from exploration successes.
To see Spark’s full report on TSE:TOC stock, click here.
Tocvan Ventures Corp. has recommenced drilling at its Gran Pilar Gold-Silver Project in Sonora, Mexico, focusing on expanding the northern corridors of the site. The new phase of drilling aims to build on previous successes, with significant gold mineralization already identified. The company is optimistic about the potential for further discoveries and is planning to advance its permitting for a pilot facility to process up to 50,000 tons, which could significantly enhance its production capabilities and market position.
Spark’s Take on TSE:TOC Stock
According to Spark, TipRanks’ AI Analyst, TSE:TOC is a Neutral.
Tocvan Ventures Corp. has a low overall score due to its financial instability and lack of revenue, which overshadow the positive technical indicators and promising corporate announcements regarding mineral discoveries. The company’s weak financial fundamentals significantly impact its risk profile, despite the potential for future growth from exploration successes.
To see Spark’s full report on TSE:TOC stock, click here.
Tocvan Ventures Corp. has announced a significant discovery of high-grade gold-silver mineralization at its Gran Pilar Gold Silver Project in Sonora, Mexico. The latest core drilling results revealed the highest gold-grade interval ever found outside the Main Zone, located 300 meters east, with 21.6 g/t gold and 209 g/t silver over 3 meters. This discovery, situated near the surface, is ideal for follow-up trenching and early mine development, potentially enhancing the company’s resource base and positioning in the industry. The results suggest substantial potential for further high-grade mineralization along the North Hill Trend, which remains largely unexplored.
Tocvan Ventures Corp. announced promising results from its recent core drilling at the Gran Pilar Gold Silver Project in Sonora, Mexico. The drilling revealed significant gold mineralization, including 1.6 g/t gold over 36.3 meters from the surface, with higher grades of 15.2 g/t over 1.2 meters and 5.8 g/t over 3 meters. These results represent an upgrade from previous local historic drilling, indicating potential for moderate to high-grade ore sourcing for future mining operations. The company is awaiting results from six additional drill holes, which will contribute to a maiden resource estimate and further development plans.
Tocvan Ventures Corp. has announced significant results from its recent core drilling at the Gran Pilar Gold Silver Project in Sonora, Mexico. The drilling revealed high-grade gold mineralization, with one hole returning 10.3 g/t gold over 9.7 meters, including a section with 60.6 g/t gold over 1.6 meters. These results mark the highest gold grades recorded since the project’s initial discovery in 1996. The findings highlight the rapid development potential of the Pilar site, with implications for upgrading resource potential and identifying initial mining focus areas. The results also indicate elevated copper and silver values, suggesting further exploration potential in the northwestern edge of the Main Zone.
Tocvan Ventures Corp. has announced a significant discovery of high-grade gold mineralization from its first drilling program in the expansion area of the Gran Pilar Gold Silver Project in Sonora, Mexico. The drilling results, which include a notable intersection of 19.4 g/t gold over 3.1 meters, indicate the potential for further high-grade mineralization in the region. This discovery not only highlights the broader potential of the Southern Block of the expansion area but also suggests continued mineralization beyond the known zones, which could positively impact the company’s operations and positioning within the industry.
Tocvan Ventures Corp. has successfully closed an oversubscribed private placement, raising a total of $3.15 million. The funds will be used to advance their Gran Pilar Au-Ag project in Sonora, Mexico, including resource estimation and test mining. The company is awaiting results from recent drilling activities, which are expected to provide insights into the resource potential of their expansion area.
Tocvan Ventures Corp. has completed ten core drillholes totaling 1,122 meters at the Gran Pilar Gold Silver Project in Sonora, Mexico. This drilling initiative aims to enhance the understanding of mineralization in the Main Zone, supporting the development of a geological model for a maiden resource estimate and a Preliminary Economic Assessment. The recent exploration has revealed promising geological structures and potential new targets, indicating significant exploration potential beyond the Main Zone. The results from these efforts are anticipated to have a substantial impact on future resource expansion and the company’s positioning in the gold-silver mining sector.