Galleon Gold (TSXV:GGO) - Stock Price, News & Analysis

GGO Stock Overview

Engages in acquiring, exploring, and developing mineral properties in Canada and the United States. More details

GGO fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Risk Analysis

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

Has less than 1 year of cash runway

Does not have a meaningful market cap (CA$14M)

Shareholders have been diluted in the past year

Galleon Gold Corp. Competitors

Zeus North America Mining

CNSX:ZEUS

CA$13.0m

Spark Energy Minerals

CNSX:SPRK

CA$14.6m

Tuktu Resources

TSXV:TUK

CA$23.2m

Max Power Mining

CNSX:MAXX

CA$12.3m

Price History & Performance

Summary of all time highs, changes and price drops for Galleon Gold
Historical stock prices
Current Share Price	CA$0.20
52 Week High	CA$0.33
52 Week Low	CA$0.095
Beta	1.21
11 Month Change	-26.79%
3 Month Change	6.49%
1 Year Change	95.24%
33 Year Change	-65.83%
5 Year Change	-59.00%
Change since IPO	-98.14%

Recent updates

Shareholder Returns

	GGO	CA Metals and Mining	CA Market
7D	-2.4%	6.6%	2.2%
1Y	95.2%	32.2%	23.4%

Return vs Industry: GGO exceeded the Canadian Metals and Mining industry which returned 32.1% over the past year.

Return vs Market: GGO exceeded the Canadian Market which returned 23.4% over the past year.

Price Volatility

Is GGO's price volatile compared to industry and market?
GGO volatility
GGO Average Weekly Movement	12.6%
Metals and Mining Industry Average Movement	10.4%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	2.9%

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

Volatility Over Time: GGO's weekly volatility (13%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	2	Robert Russell	galleongold.com

Galleon Gold Corp. engages in acquiring, exploring, and developing mineral properties in Canada and the United States. The company primarily explores for gold, silver, and associated base and precious metals. Its flagship project is the West Cache Gold project that consists of a mining lease, 18 patented mining claims, and two mining licenses of occupation covering an area of approximately 10,370 hectares located in west of Timmins, Ontario.

Galleon Gold Corp. Fundamentals Summary

How do Galleon Gold's earnings and revenue compare to its market cap?
GGO fundamental statistics
Market cap	CA$13.66m
Earnings (TTM)	-CA$4.70m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.9x

P/E Ratio

Is GGO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GGO income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$4.70m
Earnings	-CA$4.70m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.071
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	7.4%

How did GGO perform over the long term?

See historical performance and comparison

GGO Stock Overview

Risk Analysis

Galleon Gold Corp. Competitors

CNSX:ZEUS

CA$13.0m

CNSX:SPRK

CA$14.6m

TSXV:TUK

CA$23.2m

CNSX:MAXX

CA$12.3m

Price History & Performance

Recent News & Updates

New major risk - Market cap size

Price target increased by 19% to CA$3.50

New major risk - Financial position

New major risk - Market cap size

Galleon Gold Corp. Announces the Passing of Chief Operating Officer, Timothy G. Smith

Galleon Gold Corp. announced that it has received CAD 1.41 million in funding from 2176423 Ontario Ltd. and other investors

Recent updates

New major risk - Market cap size

Price target increased by 19% to CA$3.50

New major risk - Financial position

New major risk - Market cap size

Galleon Gold Corp. Announces the Passing of Chief Operating Officer, Timothy G. Smith

Galleon Gold Corp. announced that it has received CAD 1.41 million in funding from 2176423 Ontario Ltd. and other investors

Galleon Gold Corp., Annual General Meeting, May 28, 2024

New major risk - Share price stability

Galleon Gold Corp. Files Notice of Project Status with Ministry of Mines - Moving the West Cache Gold Project to Advanced Stage Exploration

New minor risk - Share price stability

Insufficient new directors

Galleon Gold Corp. (TSXV:GGO) completed the acquisition of remaining 20% stake in Neal Idaho Gold Project from 2176423 Ontario Ltd.

Galleon Gold Corp. announced that it expects to receive CAD 3 million in funding

Galleon Gold Corp. Reports Positive Progress of Permitting Activities at its 100% Owned West Cache Gold Project in Timmins, Ontario

Price target decreased to CA$3.35

Galleon Gold Initiates Geotechnical Drilling Program At West Cache Project in the Timmins Gold Camp

Galleon Gold Corp. Reports Initial Drill Results from Its 2022 Drill Program At Its West Cache Gold Project

Galleon Gold Corp. Provides Update on Permitting for Underground Bulk Sample At West Cache Gold Project

Galleon Gold Completes Fourth Hole of 2022 Drill Program At West Cache Gold Project

Galleon Gold Completes First Two Drill Holes of 2022 Drill Program At West Cache Gold Project

Leeuwin Metals PTYLtd. acquired William Lake Property Located in Manitoba, Canada from Galleon Gold Corp. (TSXV:GGO)

Galleon Gold Corp. Commences Drill Program At the West Cache Gold Project

High number of new directors

Galleon Gold Corp. Provides an Exploration Update for Its 100% Owned West Cache Gold Project in Timmins, Ontario

Galleon Gold Corp., Annual General Meeting, Jun 21, 2022

High number of new directors

Galleon Gold Corp. announced that it expects to receive CAD 5 million in funding

Galleon Gold Corp. (TSXV:GGO) entered into an agreement to acquire 100% interest in 91 mineral claims and 12 patent claims in Timmins Ontario from 2205730 Ontario Inc. for CAD 0.12 million.

Galleon Gold Corp. Provides the Following Corporate and Project Update on Its West Cache Gold Project , Timmins Ontario

Galleon Gold Corp. Updates Mineral Resource Estimate for the West Cache Project, Timmins, Ontario

Noble Mineral Exploration Inc. (TSXV:NOB) and 11530313 Canada Inc. entered into an agreement to acquire Non-Core Ontario Properties from Galleon Gold Corp. (TSXV:GGO) for CAD 0.42 million.

Galleon Gold Corp. Announces Strong Gold Recoveries in Recent Metallurgical Studies for West Cache Project

Galleon Gold Corp. Announces Final Assay Results from the 2021 East Pit Extension Drill Program at its 100% Owned West Cache Gold Project, Timmins, Ontario

Galleon Gold Announces New Discovery At West Cache

Galleon Gold Corp.'s Initial Metallurgical Studies Show High Gold Recovery for West Cache Gold Project

Galleon Gold Corp. Announce Additional Zone #9 Intercepts from Its 100% Owned West Cache Gold Project, Timmins, Ontario

Galleon Gold Corp. Provides Update on Baseline and Permitting Programs at West Cache Gold Project

Quebec Aur Limited entered into an agreement to acquire Non-Core Quebec Properties from Galleon Gold Corp. (TSXV:GGO).

Galleon Gold Corp. Provides an Update on the Ongoing Drill Program at its 100% Owned West Cache Gold Project, Timmins, Ontario

Galleon Gold Corp. Announces Additional Results from Ongoing Drill Program at its 100% Owned West Cache Gold Project, Timmins, Ontario

Galleon Gold Corp. Provides an Update on its Ongoing Drill Program at its West Cache Gold Project, Timmins, Ontario

Galleon Gold's Zone #9 Continues to Intersect High-Grade Gold At West Cache Gold Project

Galleon Gold Corp. Receives Expanded Drill Permit on its West Cache Gold Project

Galleon Gold Drills 100th Hole At West Cache Gold

Galleon Gold Corp. Continues to Intersect High Grade Gold At Its West Cache Gold Project

Galleon Gold Corp. Elects Richard F. Nanna as Director

Galleon Gold Corp. Adds Second Drill Rig at West Cache Gold Project and Commences Phase Two Drill Program

Galleon Gold Corp. Reports Continued Expansion of the Recently Discovered Zone #9 High-Grade Gold System on its 100% Owned West Cache Gold Project, Timmins, Ontario

Galleon Gold Corp. Confirms High Grade Discovery Zone - West Cache Gold Project

Galleon Gold Corp. announced that it expects to receive CAD 8 million in funding

Shareholder Returns

Price Volatility

About the Company

Galleon Gold Corp. Fundamentals Summary

0.0x

-2.9x

Earnings & Revenue