Soma Gold (TSXV:SOMA) - Stock Price, News & Analysis

SOMA Stock Overview

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in South America.

About the company

SOMA fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	3/6
Financial Health	1/6
Dividends	0/6

Rewards

Earnings grew by 17.6% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Does not have a meaningful market cap (CA$54M)

Soma Gold Corp. Competitors

Mangazeya Mining

TSXV:MGZ.H

CA$45.1m

Majestic Gold

TSXV:MJS

CA$67.8m

Cabral Gold

TSXV:CBR

CA$56.9m

St. Augustine Gold and Copper

TSX:SAU

CA$80.9m

Price History & Performance

Summary of all time highs, changes and price drops for Soma Gold
Historical stock prices
Current Share Price	CA$0.57
52 Week High	CA$0.74
52 Week Low	CA$0.41
Beta	2.2
1 Month Change	3.64%
3 Month Change	-5.00%
1 Year Change	16.33%
3 Year Change	83.87%
5 Year Change	-59.29%
Change since IPO	-91.23%

Soma Gold Corp.'s (CVE:SOMA) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Mar 24

Recent updates

Soma Gold Corp.'s (CVE:SOMA) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Mar 24

Shareholder Returns

	SOMA	CA Metals and Mining	CA Market
7D	5.6%	-1.9%	-2.2%
1Y	16.3%	2.4%	8.0%

Return vs Industry: SOMA exceeded the Canadian Metals and Mining industry which returned 2.4% over the past year.

Return vs Market: SOMA exceeded the Canadian Market which returned 8.5% over the past year.

Price Volatility

Is SOMA's price volatile compared to industry and market?
SOMA volatility
SOMA Average Weekly Movement	6.5%
Metals and Mining Industry Average Movement	10.6%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.2%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: SOMA has not had significant price volatility in the past 3 months.

Volatility Over Time: SOMA's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Geoff Hampson	www.somagoldcorp.com

Soma Gold Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties in South America. Its principal operation is the El Bagre gold mining complex, which consists of an operating gold processing plant and the Cordero underground mine located in the Antioquia, Colombia. The company was formerly known as Para Resources Inc. and changed its name to Soma Gold Corp. in May 2020.

Soma Gold Corp. Fundamentals Summary

How do Soma Gold's earnings and revenue compare to its market cap?
SOMA fundamental statistics
Market cap	CA$54.14m
Earnings (TTM)	CA$1.42m
Revenue (TTM)	CA$84.49m

36.8x

P/E Ratio

0.6x

P/S Ratio

Is SOMA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOMA income statement (TTM)
Revenue	CA$84.49m
Cost of Revenue	CA$58.71m
Gross Profit	CA$25.79m
Other Expenses	CA$24.36m
Earnings	CA$1.42m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.015
Gross Margin	30.52%
Net Profit Margin	1.68%
Debt/Equity Ratio	215.7%

How did SOMA perform over the long term?

See historical performance and comparison

SOMA Stock Overview

Rewards

Risk Analysis

Soma Gold Corp. Competitors

TSXV:MGZ.H

CA$45.1m

TSXV:MJS

CA$67.8m

TSXV:CBR

CA$56.9m

TSX:SAU

CA$80.9m

Price History & Performance

Recent News & Updates

First quarter 2024 earnings released: CA$0.002 loss per share (vs CA$0.013 profit in 1Q 2023)

Full year 2023 earnings released: EPS: CA$0.031 (vs CA$0.003 in FY 2022)

Soma Gold Corp.'s (CVE:SOMA) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Insufficient new directors

Soma Gold Corp. Intersects 8.35 G/T Au over 1.0M and Reports Underground Channel Sampling At La Aurora Mine, Machuca, Antioquia, Colombia

Soma Gold Corp. Announces President and Director Taking Leave of Absence

Recent updates

First quarter 2024 earnings released: CA$0.002 loss per share (vs CA$0.013 profit in 1Q 2023)

Full year 2023 earnings released: EPS: CA$0.031 (vs CA$0.003 in FY 2022)

Soma Gold Corp.'s (CVE:SOMA) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Insufficient new directors

Soma Gold Corp. Intersects 8.35 G/T Au over 1.0M and Reports Underground Channel Sampling At La Aurora Mine, Machuca, Antioquia, Colombia

Soma Gold Corp. Announces President and Director Taking Leave of Absence

Soma Gold Corp. Announces Chief Executive Officer Changes

Soma Gold Corp. Announces Increased Production At the Cordero Mine Will Support the Restart of Operations At the El Limon Mill

Soma Gold Corp. Announces Increased Production At the Cordero Mine Will Support the Restart of Operations At the El Limon Mill

Third quarter 2023 earnings released: EPS: CA$0.035 (vs CA$0.003 in 3Q 2022)

There's Reason For Concern Over Soma Gold Corp.'s (CVE:SOMA) Price

Now 22% undervalued

Soma Gold Corp., Annual General Meeting, Dec 07, 2023

Now 21% undervalued

Second quarter 2023 earnings released: EPS: CA$0.04 (vs CA$0.023 in 2Q 2022)

Here's Why Soma Gold (CVE:SOMA) Has A Meaningful Debt Burden

Soma Gold Corp. (TSXV:SOMA) acquired 11,160 hectares package of new exploration properties in Antioquia, Colombia for $2.27 million.

Full year 2022 earnings released: EPS: CA$0.003 (vs CA$0.019 loss in FY 2021)

Is Soma Gold (CVE:SOMA) A Risky Investment?

Soma Gold Corp. Provides Production Guidance for the Year 2023

Soma Gold Corp. Announces Production Guidance for 2023

Soma Gold Corp. Announces Positive Preliminary Economic Assessment and Updated Mineral Resource for Its Colombian Projects

Third quarter 2022 earnings released: EPS: CA$0.003 (vs CA$0.017 in 3Q 2021)

Is Soma Gold (CVE:SOMA) A Risky Investment?

Soma Gold Corp. Appoints Christopher Buchanan as Vice-President - Exploration

Soma Gold Corp., Annual General Meeting, Dec 16, 2022

Second quarter 2022 earnings released: EPS: CA$0.023 (vs CA$0.018 loss in 2Q 2021)

Here's Why Soma Gold (CVE:SOMA) Has A Meaningful Debt Burden

Soma Gold Updates Exploration Results

Soma Gold Presents 2022 Exploration Plan and Corporate Update

Soma Gold Corp. Announces New Drilling and Channel Sampling Results for the On-Going Exploration Program at the Estrella-Diamantina Mineralized Trend Within its Zara Property in Antioquia, Colombia

Soma Gold Corp. Provides Update on Cordero Drilling, Regional Exploration, Dem Lineaments and High Grades and Upper Limoncito Mine

Soma Gold Corp. Announces New Drilling Results for the On-Going Exploration Program at its Properties in Antioquia, Colombia

Soma Gold Corp. Completes the Next Phase of the Infill Drilling on the Cordero-Balvina Deposit

Soma Gold Corp. Announces Updates on Gold Production

Soma Gold Corp.(TSXV:SOMA) dropped from S&P/TSX Venture Composite Index

Soma Gold Corp. Appoints Natascha Kiernan to the it's Board of Directors

Soma Gold Corp. Announces to Provide an Update on the 2020 Drilling and Construction Programs At the Cordero-Balvina Project

Soma Gold Corp. Announces Executive Changes

Soma Gold Announces Results of New Drilling Program on Extension of the Cordero-Balvina Mineralization

Soma Gold Corp. announced that it has received CAD 4.44 million in funding

Shareholder Returns

Price Volatility

About the Company

Soma Gold Corp. Fundamentals Summary

36.8x

0.6x

Earnings & Revenue