Spanish Mountain Gold Ltd.

TSXV:SPA Stock Report

Market Cap: CA$44.5m

Spanish Mountain Gold Balance Sheet Health

Financial Health criteria checks 6/6

Spanish Mountain Gold has a total shareholder equity of CA$98.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$99.6M and CA$952.9K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$1.41m
EquityCA$98.67m
Total liabilitiesCA$952.90k
Total assetsCA$99.62m

Recent financial health updates

We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully

Sep 10
We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully

Here's Why We're Watching Spanish Mountain Gold's (CVE:SPA) Cash Burn Situation

May 23
Here's Why We're Watching Spanish Mountain Gold's (CVE:SPA) Cash Burn Situation

Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Invest In Growth?

Jan 26
Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Invest In Growth?

Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Deliver On Growth Plans?

Sep 28
Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Deliver On Growth Plans?

We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully

Mar 09
We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully

We're Keeping An Eye On Spanish Mountain Gold's (CVE:SPA) Cash Burn Rate

Nov 22
We're Keeping An Eye On Spanish Mountain Gold's (CVE:SPA) Cash Burn Rate

Recent updates

We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully

Sep 10
We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully

Here's Why We're Watching Spanish Mountain Gold's (CVE:SPA) Cash Burn Situation

May 23
Here's Why We're Watching Spanish Mountain Gold's (CVE:SPA) Cash Burn Situation

Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Invest In Growth?

Jan 26
Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Invest In Growth?

Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Deliver On Growth Plans?

Sep 28
Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Deliver On Growth Plans?

We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully

Mar 09
We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully

We're Keeping An Eye On Spanish Mountain Gold's (CVE:SPA) Cash Burn Rate

Nov 22
We're Keeping An Eye On Spanish Mountain Gold's (CVE:SPA) Cash Burn Rate

We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully

Aug 02
We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully

Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Invest In Growth?

Feb 22
Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Invest In Growth?

Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Deliver On Growth Plans?

Jul 27
Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Deliver On Growth Plans?

Financial Position Analysis

Short Term Liabilities: SPA's short term assets (CA$1.8M) exceed its short term liabilities (CA$770.5K).

Long Term Liabilities: SPA's short term assets (CA$1.8M) exceed its long term liabilities (CA$182.4K).

Debt to Equity History and Analysis

Debt Level: SPA is debt free.

Reducing Debt: SPA had no debt 5 years ago.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SPA has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: SPA is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:43
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Spanish Mountain Gold Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marc JohnsonM Partners Inc.
Alka SinghRodman & Renshaw, LLC