Lode Gold Resources Balance Sheet Health

Financial Health criteria checks 3/6

Lode Gold Resources has a total shareholder equity of CA$22.1M and total debt of CA$3.4M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CA$27.7M and CA$5.6M respectively.

Key information

15.4%

Debt to equity ratio

CA$3.40m

Debt

Interest coverage ratio	n/a
Cash	CA$542.56k
Equity	CA$22.08m
Total liabilities	CA$5.64m
Total assets	CA$27.72m

Recent financial health updates

Recent updates

Stratabound Minerals (CVE:SB) Has Debt But No Earnings; Should You Worry?

Dec 22

Stratabound Minerals (CVE:SB) Has Debt But No Earnings; Should You Worry?

Sep 08

Stratabound Minerals (CVE:SB) Is Carrying A Fair Bit Of Debt

Oct 24

Stratabound Minerals (CVE:SB) Is Carrying A Fair Bit Of Debt

Jul 07

Stratabound Minerals (CVE:SB) Has Debt But No Earnings; Should You Worry?

Mar 14

Is Stratabound Minerals (CVE:SB) Using Too Much Debt?

Nov 26

Financial Position Analysis

Short Term Liabilities: LOD's short term assets (CA$829.7K) do not cover its short term liabilities (CA$998.6K).

Long Term Liabilities: LOD's short term assets (CA$829.7K) do not cover its long term liabilities (CA$4.6M).

Debt to Equity History and Analysis

Debt Level: LOD's net debt to equity ratio (12.9%) is considered satisfactory.

Reducing Debt: LOD's debt to equity ratio has increased from 0.6% to 15.4% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: LOD has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: LOD is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.

Lode Gold Resources Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Stratabound Minerals (CVE:SB) Has Debt But No Earnings; Should You Worry?

Stratabound Minerals (CVE:SB) Has Debt But No Earnings; Should You Worry?

Stratabound Minerals (CVE:SB) Is Carrying A Fair Bit Of Debt

Stratabound Minerals (CVE:SB) Is Carrying A Fair Bit Of Debt

Stratabound Minerals (CVE:SB) Has Debt But No Earnings; Should You Worry?

Is Stratabound Minerals (CVE:SB) Using Too Much Debt?

Recent updates

Lode Gold Resources Inc., Annual General Meeting, Dec 06, 2024

Lode Gold Resources Inc. Launches Exploration Program in New Brunswick

Lode Gold Resources Inc. announced that it has received CAD 0.5 million in funding from Fancamp Exploration Ltd.

Lode Gold Resources Inc. announced that it expects to receive CAD 0.5 million in funding from Fancamp Exploration Ltd.

Lode Gold Resources Inc. Commissions Cutting Edge QMAG Geophysical Survey on Its Golden Culvert and Win RIRGS and Orogenic Gold Projects, Yukon

Lode Gold Resources Inc. announced that it expects to receive CAD 2 million in funding

Lode Gold Resources Inc. announced that it has received CAD 2.079625 million in funding

New major risk - Shareholder dilution

High number of new directors

Lode Gold Resources Inc. Appoints Carlos Saban to Its Technical Advisory Board

Lode Gold Resources Inc. Updates on Its Mcintyre Gold Project in the Under-Explored, World-Class "Appalachian Gold Corridor"

Stratabound Minerals (CVE:SB) Has Debt But No Earnings; Should You Worry?

Stratabound Minerals Corp. Announces CEO Changes

New major risk - Shareholder dilution

Stratabound Minerals Corp. Confirms New Reduced Intrusion-Related Gold System Discovery on Its Win Gold Project in the Southern Tombstone Gold Belt, Yukon Territory

High number of new directors

Stratabound Minerals Corp. Appoints Wendy Chan and Martin Stratte to the Board of Directors

Stratabound Minerals (CVE:SB) Has Debt But No Earnings; Should You Worry?

Stratabound Minerals Corp., Annual General Meeting, Jul 06, 2023

Stratabound Minerals Corp. Announce Positive Results from the Independent Preliminary Economic Assessment for 100% Owned Fremont Gold Project Located in the Mother Lode Gold Belt, North Central California

Stratabound Minerals Corp. announced that it has received CAD 1.655 million in funding from Coast Capital Management, LP

Stratabound Minerals Corp. announced that it expects to receive CAD 2 million in funding

High number of new and inexperienced directors

Stratabound Minerals (CVE:SB) Is Carrying A Fair Bit Of Debt

Stratabound Minerals Corp. Provides an Update on Exploration Activities and Results Received to Date on Its Mcintyre Brook Gold Project

Stratabound Minerals Corp. Announces Release of Its Updated Ni 43-101 Mineral Resource Estimate

Stratabound Minerals Corp. Reports on Exploration Progress on Golden Culvert and Win Gold Projects

Stratabound Minerals (CVE:SB) Is Carrying A Fair Bit Of Debt

Stratabound Minerals Corp. Appoints Keith Boyle as Fremont Gold Project Director

Stratabound Commences Exploration At Mcintyre Brook in Emerging Triple Fault Gold District, Receives Approval of New Brunswick Funding Grant

Less than half of directors are independent

Stratabound Minerals Corp. (TSXV:SB) signed a sale agreement to acquire Ramsay Gold Claims from Slam Exploration Ltd. (TSXV:SXL) for CAD 0.1 million.

Stratabound Minerals (CVE:SB) Has Debt But No Earnings; Should You Worry?

Stratabound Minerals Corp. Reports Large Gold-In-Soil Anomaly Extending Across the Entire 4-Kilometre Property Length Averaging 285 Metres in Width At Its Fremont Gold Project Located in the Prolific Mother Lode Gold Belt of Central California

Is Stratabound Minerals (CVE:SB) Using Too Much Debt?

High number of new directors

Stratabound Minerals Corp. (TSXV:SB) completed the acquisition of California Gold Mining Inc. (CNSX:CGM) from R.W. Tomlinson Limited, Romspen Investment Corporation and others .

Stratabound Minerals Corp Commences Field Operations at its Golden Culvert Project in the Southeast Yukon Territory

Stratabound Minerals Corp Commences 2021 Exploration Campaign at its Mcintyre Brook Gold Project

Stratabound Minerals Corp. Report Assay Results Received from Its 2020 Soil Sampling Program on the Mcintyre Brook Group of Claims in an Evolving New Gold District in Northern New Brunswick

Stratabound Minerals Corp. to Report Assay Results on the Final Three Drill Holes Completed on Its Captain Copper/Cobalt/Gold/Silver Deposit, in the Bathurst District, New Brunswick

Stratabound Minerals Corp. Receives Assay Results on Five More Drill Holes Completed on Its Captain Copper/Cobalt/Gold/Silver Deposit

Stratabound Reports More Drill Results on Golden Culvert, Yukon Territory

Stratabound Minerals Corp. Reports Initial Assay Results for the First Six of Fifteen Drill Holes Completed on Its 100% Owned Captain Copper/Cobalt/Gold/Silver Deposit Located Along the "Brunswick Horizon"

Stratabound Minerals Corp. Reports Latest Drill Results on Golden Culvert, Yukon Territory

Stratabound Reports 10.31 G/T Gold over 1.6M with Visible Gold at Golden Culvert, Yukon Territory

Stratabound Minerals Corp. announced that it has received CAD 2.056972 million in funding

Stratabound Minerals Corp. Announces Hashim Ahmed as Chairman of the Board

Stratabound Minerals Corp. announced that it expects to receive CAD 2 million in funding

Stratabound Minerals Corp. Reports Results Received from its Phase 1 Field Program

New 90-day high: CA$0.29

Stratabound Minerals Corp. Appoints Chad Tappendorf to the Board of Directors

Stratabound Minerals Corp. announced that it has received CAD 6.70299 million in funding from Jerritt Canyon Canada Ltd., Coast Capital Management, LP and other investors

Stratabound Minerals Corp. Commences Drill Program on Captain Copper Cobalt Gold Deposit, Bathurst Mining District, New Brunswick

Stratabound Minerals Corp. Provides an Update on Its Golden Culvert, Yukon Territory and Mcintyre Brook, New Brunswick Gold Projects

Stratabound Minerals Corp. announced that it has received CAD 5.22799 million in funding from Jerritt Canyon Canada Ltd., Coast Capital Management, LP and other investors

Stratabound Minerals Corp. announced that it expects to receive CAD 7 million in financing

New 90-day high - CA$0.26

New 90-day high - CA$0.21

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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