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Golconda Gold TSXV:GG Stock Report

Last Price

CA$0.22

Market Cap

CA$19.6m

7D

-30.2%

1Y

57.1%

Updated

27 Aug, 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.

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

Golconda Gold Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Golconda Gold
Historical stock prices
Current Share PriceCA$0.22
52 Week HighCA$0.38
52 Week LowCA$0.09
Beta2.82
11 Month Change-8.33%
3 Month Change-8.33%
1 Year Change57.14%
33 Year Change-71.61%
5 Year Change-41.33%
Change since IPO-94.70%

Recent News & Updates

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

Recent updates

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
7D-30.2%-0.1%1.1%
1Y57.1%12.7%13.4%

Return vs Industry: GG exceeded the Canadian Metals and Mining industry which returned 15.5% over the past year.

Return vs Market: GG exceeded the Canadian Market which returned 15.3% over the past year.

Price Volatility

Is GG's price volatile compared to industry and market?
GG volatility
GG Average Weekly Movement29.4%
Metals and Mining Industry Average Movement10.0%
Market Average Movement8.1%
10% most volatile stocks in CA Market16.9%
10% least volatile stocks in CA Market3.1%

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

Volatility Over Time: GG's weekly volatility has increased from 23% to 29% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aNick Brodiewww.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$19.60m
Earnings (TTM)-CA$3.27m
Revenue (TTM)CA$13.56m

1.2x

P/S Ratio

-4.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GG income statement (TTM)
RevenueUS$10.09m
Cost of RevenueUS$8.96m
Gross ProfitUS$1.13m
Other ExpensesUS$3.56m
Earnings-US$2.44m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.034
Gross Margin11.15%
Net Profit Margin-24.15%
Debt/Equity Ratio16.4%

How did GG perform over the long term?

See historical performance and comparison