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Golconda Gold TSXV:GG Stock Report

Last Price

CA$0.28

Market Cap

CA$18.5m

7D

21.3%

1Y

46.2%

Updated

23 Dec, 2024

Data

Company Financials

GG Stock Overview

Engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. More details

GG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Golconda Gold Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Golconda Gold
Historical stock prices
Current Share PriceCA$0.28
52 Week HighCA$0.38
52 Week LowCA$0.13
Beta2.73
1 Month Change-9.52%
3 Month Change5.56%
1 Year Change46.15%
3 Year Change-54.40%
5 Year Change-43.00%
Change since IPO-93.13%

Recent News & Updates

Improved Revenues Required Before Golconda Gold Ltd. (CVE:GG) Stock's 27% Jump Looks Justified

Oct 27
Improved Revenues Required Before Golconda Gold Ltd. (CVE:GG) Stock's 27% Jump Looks Justified

Is Golconda Gold (CVE:GG) Weighed On By Its Debt Load?

Oct 23
Is Golconda Gold (CVE:GG) Weighed On By Its Debt Load?

Little Excitement Around Golconda Gold Ltd.'s (CVE:GG) Revenues

Aug 28
Little Excitement Around Golconda Gold Ltd.'s (CVE:GG) Revenues

Recent updates

Improved Revenues Required Before Golconda Gold Ltd. (CVE:GG) Stock's 27% Jump Looks Justified

Oct 27
Improved Revenues Required Before Golconda Gold Ltd. (CVE:GG) Stock's 27% Jump Looks Justified

Is Golconda Gold (CVE:GG) Weighed On By Its Debt Load?

Oct 23
Is Golconda Gold (CVE:GG) Weighed On By Its Debt Load?

Little Excitement Around Golconda Gold Ltd.'s (CVE:GG) Revenues

Aug 28
Little Excitement Around Golconda Gold Ltd.'s (CVE:GG) Revenues

Shareholders Will Probably Hold Off On Increasing Golconda Gold Ltd.'s (CVE:GG) CEO Compensation For The Time Being

May 31
Shareholders Will Probably Hold Off On Increasing Golconda Gold Ltd.'s (CVE:GG) CEO Compensation For The Time Being

Golconda Gold Ltd. (CVE:GG) Shares Fly 30% But Investors Aren't Buying For Growth

Mar 16
Golconda Gold Ltd. (CVE:GG) Shares Fly 30% But Investors Aren't Buying For Growth

Is Golconda Gold (CVE:GG) A Risky Investment?

Mar 05
Is Golconda Gold (CVE:GG) A Risky Investment?

Lacklustre Performance Is Driving Golconda Gold Ltd.'s (CVE:GG) Low P/S

Jan 07
Lacklustre Performance Is Driving Golconda Gold Ltd.'s (CVE:GG) Low P/S

Health Check: How Prudently Does Golconda Gold (CVE:GG) Use Debt?

Nov 15
Health Check: How Prudently Does Golconda Gold (CVE:GG) Use Debt?

Golconda Gold (CVE:GG) Has Debt But No Earnings; Should You Worry?

Aug 02
Golconda Gold (CVE:GG) Has Debt But No Earnings; Should You Worry?

Golconda Gold (CVE:GG) Is Carrying A Fair Bit Of Debt

Dec 16
Golconda Gold (CVE:GG) Is Carrying A Fair Bit Of Debt

Here's Why Galane Gold (CVE:GG) Can Manage Its Debt Responsibly

Mar 02
Here's Why Galane Gold (CVE:GG) Can Manage Its Debt Responsibly

Is Galane Gold (CVE:GG) A Risky Investment?

Oct 28
Is Galane Gold (CVE:GG) A Risky Investment?

Statutory Earnings May Not Be The Best Way To Understand Galane Gold's (CVE:GG) True Position

Sep 03
Statutory Earnings May Not Be The Best Way To Understand Galane Gold's (CVE:GG) True Position

Galane Gold Ltd.'s (CVE:GG) About To Shift From Loss To Profit

Mar 02
Galane Gold Ltd.'s (CVE:GG) About To Shift From Loss To Profit

Did The Underlying Business Drive Galane Gold's (CVE:GG) Lovely 520% Share Price Gain?

Feb 01
Did The Underlying Business Drive Galane Gold's (CVE:GG) Lovely 520% Share Price Gain?

Is Galane Gold (CVE:GG) Using Too Much Debt?

Dec 28
Is Galane Gold (CVE:GG) Using Too Much Debt?

Shareholder Returns

GGCA Metals and MiningCA Market
7D21.3%-3.0%-2.0%
1Y46.2%16.8%15.2%

Return vs Industry: GG exceeded the Canadian Metals and Mining industry which returned 16.8% over the past year.

Return vs Market: GG exceeded the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is GG's price volatile compared to industry and market?
GG volatility
GG Average Weekly Movement15.8%
Metals and Mining Industry Average Movement10.2%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

Stable Share Price: GG's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: GG's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/aRavi Soodwww.golcondagold.com

Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa; and the Summit Property in the United States. The company was formerly known as Galane Gold Ltd.

Golconda Gold Ltd. Fundamentals Summary

How do Golconda Gold's earnings and revenue compare to its market cap?
GG fundamental statistics
Market capCA$18.53m
Earnings (TTM)-CA$3.73m
Revenue (TTM)CA$16.54m

1.2x

P/S Ratio

-5.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GG income statement (TTM)
RevenueUS$11.49m
Cost of RevenueUS$10.20m
Gross ProfitUS$1.29m
Other ExpensesUS$3.88m
Earnings-US$2.59m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.036
Gross Margin11.21%
Net Profit Margin-22.57%
Debt/Equity Ratio15.3%

How did GG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 22:43
End of Day Share Price 2024/12/23 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

Golconda Gold Ltd. is covered by 3 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
Rahul PaulCanaccord Genuity
Alison TurnerEdison Investment Research
Siddharth RajeevFundamental Research Corp.