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Xali Gold Corp.
(XGC)
Xali Gold Corp. (XGC) vs. iShares MSCI Canada ETF (EWC)
Xali Gold Corp. Business Overview & Revenue Model
Xali Gold Corp. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | -274.00 | -326.00 |
| EBITDA | 967.55K | 0.00 | -808.90K | -1.22M | -969.75K | -618.88K |
| Net Income | 964.34K | 1.27M | -942.79K | -1.53M | -1.30M | -1.09M |
Balance Sheet | ||||||
| Total Assets | 32.96K | 51.72K | 660.90K | 746.56K | 631.69K | 289.90K |
| Cash, Cash Equivalents and Short-Term Investments | 9.70K | 38.29K | 16.30K | 37.03K | 33.52K | 32.67K |
| Total Debt | 114.77K | 109.94K | 45.25K | 46.02K | 8.18K | 0.00 |
| Total Liabilities | 3.28M | 3.15M | 5.37M | 4.52M | 3.07M | 2.44M |
| Stockholders Equity | -3.24M | -3.10M | -4.71M | -3.77M | -2.44M | -2.15M |
Cash Flow | ||||||
| Free Cash Flow | -77.89K | -65.38K | -195.46K | -34.86K | -336.23K | -85.66K |
| Operating Cash Flow | -77.89K | -65.38K | -195.46K | -21.59K | -265.97K | -78.89K |
| Investing Cash Flow | 0.00 | 0.00 | 175.00K | -13.27K | -127.75K | -44.45K |
| Financing Cash Flow | 82.62K | 87.37K | -239.00 | 38.36K | 394.57K | 149.25K |
Xali Gold Corp. Technical Analysis
Xali Gold Corp. Peers Comparison
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 | C$17.59M | 0.81 | 289.73% | ― | ― | ― | |
53 Neutral | C$16.91M | -1.44 | -82.13% | ― | ― | 1.73% | |
52 Neutral | C$12.12M | 11.33 | ― | ― | ― | ― | |
51 Neutral | C$14.76M | -4.32 | -44.50% | ― | ― | -221.30% | |
45 Neutral | C$12.74M | -0.07 | -74.45% | ― | -45.17% | -100.74% | |
42 Neutral | C$9.90M | -0.31 | -19.15% | ― | ― | -380.83% |
Xali Gold Corp. Corporate Events
Xali Gold Corp. has begun work on its recently acquired Pico Machay Gold Project in Peru, launching community engagement and preparing technical fieldwork and environmental studies needed to secure drilling permits. The company has outlined a four-part plan to fast-track Pico Machay into production, including detailed sampling and geological mapping to refine understanding of the deposit, preparation of an environmental technical report to obtain a surface drilling permit within a few months, initiation of a new Preliminary Economic Assessment and broader environmental studies for future development, and negotiation of a 20-year community agreement to cover activities from exploration through to full-scale operations. Pico Machay, located in a well-established mining district in the Southern Peru Epithermal Gold-Silver Belt, hosts significant historical measured, indicated and inferred gold resources based on reverse circulation drilling and prior engineering work that envisioned a low-cost open-pit heap-leach mine, suggesting strong upside potential for Xali Gold as it updates the resource, tests un-drilled targets and seeks to convert historical estimates into current compliant resources.
The most recent analyst rating on (TSE:XGC) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Xali Gold Corp. stock, see the TSE:XGC Stock Forecast page.
Xali Gold Corp. has closed the acquisition of the Pico Machay Gold Project in Peru by purchasing Minera Calipuy S.A.C. from Pan American Silver and its subsidiary Aquiline Resources, securing full ownership of an advanced-stage gold asset with a near-term production objective. The company has made an initial US$500,000 payment and agreed to a structured, secured payment schedule of up to US$17 million over five years, including a contingent payment tied to delineating more than 1.25 million ounces of gold resources, while granting Pan American an unlimited and indefinite indemnity over all project liabilities. The deal gives Xali Gold 100% interest in 17 mining rights in good standing to 2039 and leaves the project subject to an existing 1% net smelter return royalty now held by Triple Flag Precious Metals, as Xali Gold prepares to update the historical resource estimate and revisit prior engineering work to fast-track Pico Machay toward production.
Xali Gold Corp. has closed the first tranche of a non-brokered private placement, raising C$1.5 million, with a second tranche of up to C$0.5 million expected in early January 2026. The funds will be used primarily to make a US$500,000 payment to Pan American Silver Corp. to finalize the acquisition of the Pico Machay gold property in Peru, support exploration work on the project, and provide working capital, marking a key step in Xali Gold’s growth strategy as it advances a near-term production asset and strengthens its position in the regional gold exploration sector.
Xali Gold Corp. reported that the TSX Venture Exchange is progressing toward final approval of its acquisition of the Pico Machay gold deposit in Peru, with both the transaction and the first tranche of a related non-brokered private placement expected to close by the end of the week, subject to exchange acceptance. The company has filed and received approval for an amended NI 43-101-compliant technical report on Pico Machay, incorporating minor changes requested by the TSX-V, and highlights Pico Machay’s near-term production potential as an open-pit, heap-leach operation in the Southern Peru Epithermal Gold-Silver Belt, where prior work and conservative historical gold price assumptions suggest material upside for shareholders.
Xali Gold Corp. has announced the closing of the first tranche of its non-brokered private placement to raise approximately C$1 million, with a second tranche of C$0.5 million planned shortly after. This funding will largely finance the acquisition and advancement of the Pico Machay property in Peru—an advanced exploration stage gold project—alongside general corporate expenses. The initiative reflects strong support from Peruvian investors and aligns with the company’s commitment to enhancing operations in key locations while leveraging its local expertise.
Xali Gold Corp. has filed a National Instrument 43-101 compliant technical report for the Pico Machay Gold Project in Peru, a significant step in acquiring the project. The report, prepared by an independent qualified person, supports the company’s strategy to enhance shareholder value through exploration and development. The Pico Machay project, located in a well-established mining district, offers near-term production opportunities and potential for expansion, positioning Xali Gold to capitalize on untapped exploration targets.
Xali Gold Corp. has announced a non-brokered private placement to raise approximately C$1.5 million to support its focus on the Pico Machay gold project in Peru. The funds will primarily be used for the acquisition and exploration of Pico Machay, with the remainder allocated to general corporate purposes. The private placement is subject to TSX Venture Exchange approval and may be increased if demand exceeds the available units.
Xali Gold Corp. has completed due diligence site visits at the Pico Machay Gold Project in Peru, confirming the integrity of historical data and uncovering significant exploration potential. The project, acquired through a Share Purchase Agreement with Pan American Silver Corp., shows a much larger alteration footprint than previously understood, indicating substantial opportunities for resource expansion and new discoveries.
Xali Gold Corp. has agreed to transfer its rights to the El Oro Tailings Project in Mexico to Kappes, Cassiday and Associates (KCA). This agreement allows KCA to process and sell all recovered gold and silver, with Xali Gold receiving a gross royalty from the sales. The transfer includes Xali Gold’s Mexican subsidiary and shifts all legal and operational responsibilities to KCA. This move is expected to enhance the project’s development and benefit stakeholders by leveraging KCA’s expertise in tailings reprocessing.
Xali Gold Corp. has granted incentive stock options to its directors, officers, employees, and consultants to purchase 2.2 million common shares at $0.05 per share, with a five-year term. The company also announced that its acquisition of the Pico Machay Gold Project in Peru is a fundamental acquisition, pending approval from the TSX Venture Exchange. This project, with its potential for low-cost production and untested exploration targets, represents significant upside potential for Xali Gold, enhancing its position in the gold exploration industry.
Xali Gold Corp. has announced plans to advance the Pico Machay Gold Project in Peru, a significant acquisition under a Share Purchase Agreement with Pan American Silver Corp. The project, located in a well-established mining district, boasts a historic resource of over 700,000 ounces of gold. Xali Gold intends to conduct fieldwork, including exploration and metallurgical testing, to update the resource estimate and optimize previous engineering studies. The company aims to move the project towards near-term production, capitalizing on current gold prices and leveraging the project’s low-cost, low-strip ratio open pit heap-leach potential.
Xali Gold Corp. has announced plans to advance the Pico Machay Gold Project in Peru, following the acquisition of the project through a Share Purchase Agreement with Pan American Silver Corp. The project is considered a fundamental acquisition for Xali Gold, and trading of the company’s shares will resume following the lifting of a trading halt. The company plans to commence fieldwork to explore high-potential targets, confirm grades, and conduct metallurgical testing, with the aim of updating the historic resource estimate and optimizing previous engineering studies. This move is expected to enhance the project’s economic potential and position Xali Gold for near-term production, leveraging current high gold prices.
Xali Gold Corp. has entered into an agreement to acquire Minera Calipuy S.A.C, which owns the Pico Machay Gold Project in Peru, from Pan American Silver Corp. This acquisition marks a significant step for Xali Gold as it aims to enhance its operations in Peru’s prolific gold-silver belt. With a historic resource already identified and a favorable gold price environment, the project offers immediate value and potential for expansion. Xali Gold plans to update resource estimates and explore additional targets to increase production potential, leveraging its expertise and local partnerships.