Xtra-Gold Resources (TSX:XTG) - Stock Price, News & Analysis

XTG Stock Overview

Engages in the exploration and development of gold properties in West Africa.

XTG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 30.2% below our estimate of its fair value

Risk Analysis

Makes less than USD$1m in revenue ($0)

Earnings have declined by 43.9% per year over past 5 years

Does not have a meaningful market cap (CA$52M)

Large one-off items impacting financial results

Xtra-Gold Resources Corp. Competitors

Majestic Gold

TSXV:MJS

CA$83.4m

Orvana Minerals

TSX:ORV

CA$53.3m

Monument Mining

TSXV:MMY

CA$90.3m

Mangazeya Mining

TSXV:MGZ.H

CA$45.1m

Price History & Performance

Summary of all time highs, changes and price drops for Xtra-Gold Resources
Historical stock prices
Current Share Price	US$1.60
52 Week High	US$1.65
52 Week Low	US$0.90
Beta	0.56
11 Month Change	-1.84%
3 Month Change	25.98%
1 Year Change	68.42%
33 Year Change	44.14%
5 Year Change	240.43%
Change since IPO	-17.95%

Recent updates

Shareholder Returns

	XTG	CA Metals and Mining	CA Market
7D	1.9%	-7.2%	0.6%
1Y	68.4%	27.6%	21.5%

Return vs Industry: XTG exceeded the Canadian Metals and Mining industry which returned 38.9% over the past year.

Return vs Market: XTG exceeded the Canadian Market which returned 23.7% over the past year.

Price Volatility

Is XTG's price volatile compared to industry and market?
XTG volatility
XTG Average Weekly Movement	6.0%
Metals and Mining Industry Average Movement	10.6%
Market Average Movement	8.1%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: XTG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: XTG's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1998	n/a	James Longshore	www.xtragold.com

Xtra-Gold Resources Corp. engages in the exploration and development of gold properties in West Africa. Its flagship property is the Kibi Gold project located in the Republic of Ghana, West Africa. The company was formerly known as RetinaPharma International, Inc. and changed its name to Xtra-Gold Resources Corp. in December 2003.

Xtra-Gold Resources Corp. Fundamentals Summary

How do Xtra-Gold Resources's earnings and revenue compare to its market cap?
XTG fundamental statistics
Market cap	CA$71.83m
Earnings (TTM)	CA$976.51k
Revenue (TTM)	n/a

73.9x

P/E Ratio

0.0x

P/S Ratio

Is XTG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
XTG income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$700.53k
Earnings	US$700.53k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.015
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did XTG perform over the long term?

See historical performance and comparison

XTG Stock Overview

Rewards

Risk Analysis

Xtra-Gold Resources Corp. Competitors

TSXV:MJS

CA$83.4m

TSX:ORV

CA$53.3m

TSXV:MMY

CA$90.3m

TSXV:MGZ.H

CA$45.1m

Price History & Performance

Recent News & Updates

Now 23% undervalued

Xtra-Gold Announces Updated Mineral Resource Estimate for Its Kibi Gold Project in Ghana, West Africa

Now 20% overvalued

Xtra-Gold Resources Corp. Announces Further Positive Assay Results for an Additional 17 Diamond Core Boles Totaling 5,469.5 Metres from Its Current Exploration Drilling Program on Kibi Gold Project

Xtra-Gold Resources Corp., Annual General Meeting, Jun 14, 2024

Investor sentiment improves as stock rises 20%

Recent updates

Now 23% undervalued

Xtra-Gold Announces Updated Mineral Resource Estimate for Its Kibi Gold Project in Ghana, West Africa

Now 20% overvalued

Xtra-Gold Resources Corp. Announces Further Positive Assay Results for an Additional 17 Diamond Core Boles Totaling 5,469.5 Metres from Its Current Exploration Drilling Program on Kibi Gold Project

Xtra-Gold Resources Corp., Annual General Meeting, Jun 14, 2024

Investor sentiment improves as stock rises 20%

Xtra-Gold Resources Corp. Expands Boomerang Gold System at Depth with High-Grade Drill Intercept Grading

Now 21% undervalued after recent price drop

New major risk - Revenue and earnings growth

Xtra-Gold Resources Corp. Announces Further Positive Assay Results for an Additional 30 Diamond Core Boles Totaling 7,309 Metres from its Current Exploration Drilling Program on Kibi Gold Project

Now 21% undervalued after recent price drop

Xtra-Gold Resources Corp. Announces CFO Exchanges

Xtra-Gold Resources Corp. Continues to Expand Boomerang East Gold System

Insufficient new directors

Xtra-Gold Intersects Announces Assay Results for Additional 13 Diamond Core Boreholes At Boomerang East

Xtra-Gold Intersects 1.59 G/T Gold over 77.0 Metres, Including 3.23 G/T Gold over 31.0 Metres, At the Newly Defined Boomerang East Zone, Kibi Gold Project, Ghana

Insufficient new directors

Xtra-Gold Resources Corp., Annual General Meeting, Jun 30, 2022

Investor sentiment improved over the past week

Xtra-Gold Resources Corp. Exploration Drilling Further Confirms Resource Expansion Potential Along Southwest Extension of Zone 2 - Zone 3 Fold Structure, Kibi Gold Project, Ghana

Investor sentiment improved over the past week

Xtra-Gold Resources Corp. Defines New Gold Zone 300 Metres NW of Double 19 and Expands Boomerang Zone, Kibi Gold Project, Ghana

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Xtra-Gold Keeps Hitting Strong Gold Mineralization on Nw Fold-Limb Expansion Drilling At Double 19, Kibi Gold Project, Ghana

New 90-day high: CA$1.49

New 90-day high: CA$1.42

Investor sentiment improved over the past week

Xtra-Gold Resources Corp. Announces Assay Results for an Additional 20 Drill Holes from Its Current Resource Expansion Target Generation Program Within the Zone 2 - Zone 3 Maiden Mineral Resource Footprint Area, on the Kibi Gold Project, Ghana

Market bids up stock over the past week

The previous shareholders of Advertain On-Line Canada Inc. acquired Advertain On-Line Canada Inc. from Advertain On-Line Inc.

New 90-day high: CA$1.27

New 90-day high - CA$1.15

New 90-day high - CA$1.05

Shareholder Returns

Price Volatility

About the Company

Xtra-Gold Resources Corp. Fundamentals Summary

73.9x

0.0x

Earnings & Revenue