Signal Gold Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Signal Gold.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Metals and Mining earnings growth	41.3%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	None
Last updated	n/a

Recent future growth updates

Recent updates

Signal Gold Inc. (TSE:SGNL) Not Doing Enough For Some Investors As Its Shares Slump 26%

Jan 30

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Signal Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

TSX:SGNL - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2024	N/A	-44	-11	-4	N/A
6/30/2024	N/A	-34	-15	-3	N/A
3/31/2024	N/A	-15	-22	-5	N/A
12/31/2023	N/A	-15	-23	-3	N/A
9/30/2023	N/A	-15	-14	2	N/A
6/30/2023	N/A	-12	-1	11	N/A
3/31/2023	-8	-8	-1	6	N/A
12/31/2022	N/A	-9	-4	4	N/A
9/30/2022	8	-7	-8	5	N/A
6/30/2022	13	-6	-20	-2	N/A
3/31/2022	28	-8	-19	3	N/A
12/31/2021	28	-7	-16	4	N/A
9/30/2021	30	-5	-17	1	N/A
6/30/2021	37	0	-9	7	N/A
3/31/2021	38	4	-2	10	N/A
12/31/2020	42	8	4	14	N/A
9/30/2020	38	7	4	12	N/A
6/30/2020	34	4	0	9	N/A
3/31/2020	31	1	-6	5	N/A
12/31/2019	30	0	-9	4	N/A
9/30/2019	33	0	-8	8	N/A
6/30/2019	31	-2	-8	6	N/A
3/31/2019	33	-1	-1	12	N/A
12/31/2018	32	-2	-1	9	N/A
12/31/2017	28	2	N/A	3	N/A
8/31/2017	28	-3	N/A	6	N/A
5/31/2017	27	-4	N/A	5	N/A
2/28/2017	25	-3	N/A	4	N/A
11/30/2016	24	-2	N/A	5	N/A
8/31/2016	23	-2	N/A	4	N/A
5/31/2016	24	-1	N/A	5	N/A
2/29/2016	23	1	N/A	3	N/A
11/30/2015	25	1	N/A	4	N/A
8/31/2015	23	-3	N/A	3	N/A
5/31/2015	22	-3	N/A	3	N/A
2/28/2015	22	-2	N/A	4	N/A
11/30/2014	19	-2	N/A	3	N/A
8/31/2014	20	4	N/A	5	N/A
5/31/2014	20	4	N/A	5	N/A
2/28/2014	22	8	N/A	6	N/A
11/30/2013	23	9	N/A	8	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if SGNL's forecast earnings growth is above the savings rate (2.3%).

Earnings vs Market: Insufficient data to determine if SGNL's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if SGNL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if SGNL's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if SGNL's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if SGNL's Return on Equity is forecast to be high in 3 years time

Signal Gold Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased by 15% to CA$0.78

Price target decreased by 11% to CA$0.94

Price target decreased by 10% to CA$1.01

Consensus revenue estimates increase by 22%

Price target decreased by 19% to CA$1.13

Price target decreased to CA$1.43

Recent updates

New major risk - Shareholder dilution

Signal Gold Inc. announced that it has received CAD 10.452602 million in funding

FireFly Metals Ltd (ASX:FFM) completed the acquisition of Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million.

FireFly Metals Ltd (ASX:FFM) entered into an agreement to acquire Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million.

NeXGold Mining Corp. and Signal Gold Inc. Appoints CFO for the Combined Company

NeXGold Mining Corp. (TSXV:NEXG) entered into a definitive agreement to acquire Signal Gold Inc. (TSX:SGNL) for CAD 24.7 million.

Signal Gold Inc. Announces Additional Assay Results from Its Goldboro Project in Nova Scotia

Signal Gold Inc. Intersects Further High-Grade Gold At the Western Extension of Goldboro, Including 17.97 Gold over 2.5 Metres And19.00 g/t over 2.4 Metres

Signal Gold Inc. Announces Initial Assay Results from Exploration Drilling Program At the Western Extension of the Goldboro Deposit

Signal Gold Inc. Begins Drilling at the Western Extension of Goldboro, Targeting Increased Mineral Resources

Signal Gold Inc. Commences Exploration Work At the Hurricane and Armstrong Growth Targets Located West and Southwest, Both, of the Goldboro Deposit and Planned Mine and Mill Infrastructure At the Goldboro Project in Nova Scotia, Canada

Signal Gold Inc. to Commence Exploration At the High Priority Stewart Target North of the Goldboro Deposit

Signal Gold Inc. to Commence Exploration at the Fowler Target, Directly Along Strike to the East of the Goldboro Deposit

Signal Gold Inc. Completes Airborne Geophysical Survey and Identifies Multiple Exploration Targets in the Goldboro Gold District

Signal Gold Inc. Initiates Further Drilling at the Western Extension of Goldboro, Targeting Increased Mineral Resources

Signal Gold Inc., Annual General Meeting, May 23, 2024

New major risk - Revenue and earnings growth

Price target decreased by 15% to CA$0.78

Signal Gold Inc. Announces Final Drill Results of Growth Exploration Program, Including 76.31 g/t Over 0.5 Metres and 12.88 g/t Over 0.6 Metres

Signal Gold Inc. Outlines Near-Term 2024 Priorities, Building on Recent Success At the Goldboro Project

Signal Gold Inc. (TSE:SGNL) Not Doing Enough For Some Investors As Its Shares Slump 26%

Signal Gold Further Consolidates the Goldboro Gold District, Acquires Prospective Land Contiguous to Goldboro

Signal Gold Inc. Continues to Intersect Gold West of the Goldboro Deposit, Extends Mineralization over One Kilometre Along Strike

Signal Gold Inc. Reports Step-Out Drill Results Demonstrating Gold Mineralization Up to 450 Metres West of the Goldboro Deposit

New major risk - Financial position

Signal Gold Continues to Demonstrate Permitting Progress At the Goldboro Project

Signal Gold Inc. announced that it expects to receive CAD 2.02175 million in funding

Signal Gold Identifies Further Growth Targets to Expand the Potential of the Goldboro Gold District

Signal Gold (TSE:SGNL) Is Making Moderate Use Of Debt

Signal Gold Inc. Intersects Further High-Grade Gold At the Goldboro Project During Geotechnical Drilling, Including 23.85 g/t Gold over 6.0 Metres

Signal Gold Inc. Provides Permitting and Project Update for the Goldboro Gold Project

Signal Gold Inc. Initiates Airborne Geophysical Survey over Its Extended Land Position in the Goldboro Gold District

Signal Gold Inc. Announces Diamond Drill Results from the Growth Exploration Program at its Goldboro Project in Nova Scotia

Signal Gold Identifies Significant Growth Potential West of the Goldboro Deposit, Initiates Drilling at the Past Producing Dolliver Mountain Gold Mine

New minor risk - Profitability

Price target decreased by 11% to CA$0.94

Price target decreased by 10% to CA$1.01

New major risk - Financial position

Second quarter 2023 earnings released

Signal Gold Consolidates the Goldboro Gold District and Provides A Goldboro Project Update

Signal Gold Inc. Announces Board Changes

Maritime Resources Corp. signed an agreement to acquire Point Rousse Project from Signal Gold Inc.

Signal Gold Mobilizes Second Diamond Drill At Goldboro and Intiates A Further 10,000-Metre Growth Exploration Program

Signal Gold Inc. announced that it has received CAD 6.6888 million in funding

Signal Gold Inc. Announces the Continuation of A 50-Line Kilometre Induced Polarization Geophysical Survey At the Goldboro Project in Nova Scotia

Consensus revenue estimates increase by 22%

First quarter 2023 earnings released: CA$0.014 loss per share (vs CA$0.02 loss in 1Q 2022)

Signal Gold Inc. announced that it expects to receive CAD 7 million in funding

Does Signal Gold (TSE:SGNL) Have A Healthy Balance Sheet?

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased by 19% to CA$1.13

Is Signal Gold (TSE:SGNL) A Risky Investment?

Signal Gold Inc. Files Updated Mineral Reserves for Stog'er Tight Deposit at Point Rousse Project

Signal Gold Inc. (TSX:SGNL) acquired six exploration licenses adjacent to the Goldboro Mineral Resource in Nova Scotia, Canada from MegumaGold Corp. (OTCPK:NSAU.F) for CAD 0.7 million.

Third quarter 2022 earnings released: CA$0.006 loss per share (vs CA$0.006 loss in 3Q 2021)

Signal Gold Provides an Update on the Point Rousse Project

Signal Gold Inc. Receives Initial Results of the Induced Polarization Geophysical Survey At Its Goldboro Gold Project

Price target decreased to CA$1.43

Is Signal Gold (TSE:SGNL) Using Debt Sensibly?

Second quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.013 loss in 2Q 2021)

Signal Gold Receives Environmental Assessment Approval for its Goldboro Gold Project, Nova Scotia

Price target increased to CA$1.58

Signal Gold Inc. Gold Intersects 0.94 G/T Gold over 17 Metres and Identifies Exploration Targets Near Point Rousse in Newfoundland

Signal Gold Inc. Announces Drill Results and Identifies New Drill Targets at the Tilt Cove Gold Project, Newfoundland

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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