Val-d'Or Mining Balance Sheet Health

Financial Health criteria checks 3/6

Val-d'Or Mining has a total shareholder equity of CA$4.9M and total debt of CA$347.5K, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CA$5.4M and CA$471.6K respectively.

Key information

7.1%

Debt to equity ratio

CA$347.54k

Debt

Interest coverage ratio	n/a
Cash	CA$611.93k
Equity	CA$4.89m
Total liabilities	CA$471.59k
Total assets	CA$5.36m

Recent financial health updates

No updates

Recent updates

How Many Val-d'Or Mining Corporation (CVE:VZZ) Shares Did Insiders Buy, In The Last Year?

Dec 18

Financial Position Analysis

Short Term Liabilities: VZZ's short term assets (CA$855.6K) exceed its short term liabilities (CA$471.6K).

Long Term Liabilities: VZZ has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: VZZ has more cash than its total debt.

Reducing Debt: VZZ's debt to equity ratio has increased from 0% to 7.1% over the past 5 years.

Debt Coverage: VZZ's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if VZZ's interest payments on its debt are well covered by EBIT.

Val-d'Or Mining Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Recent updates

Second quarter 2024 earnings released: EPS: CA$0.007 (vs CA$0.014 in 2Q 2023)

Val-d'Or Mining Corporation, Annual General Meeting, Oct 18, 2024

First quarter 2024 earnings released: CA$0.002 loss per share (vs CA$0.006 loss in 1Q 2023)

Val-d'Or Mining Corporation announced that it has received CAD 0.43 million in funding

Val-d'Or Mining Corporation announced that it expects to receive CAD 0.5 million in funding

Full year 2023 earnings released: CA$0.013 loss per share (vs CA$0.007 loss in FY 2022)

Third quarter 2023 earnings released: EPS: CA$0 (vs CA$0.004 in 3Q 2022)

New minor risk - Shareholder dilution

Val-D'or Mining Corporation Reconstitutes Audit Committee and Its Compensation and Corporate Governance Committee

Val-d'Or Mining Corporation, Annual General Meeting, Sep 08, 2023

Chairman exercised options to buy CA$75k worth of stock.

Val-d'Or Mining Corporation Commences Prospecting and Geochemical Survey Program on Two of Its Quebec Abitibi Greenstone Belt Properties

Less than half of directors are independent

Val-d'Or Mining Corporation announced that it expects to receive CAD 1 million in funding

Val-d'Or Mining Corporation announced that it has received $0.4 million in funding

Val-d'Or Mining Corporation announced that it expects to receive $0.4 million in funding

Less than half of directors are independent

Val-D'or Mining Corporation Commences Ground-Geophysical Program on the Riviere Lois Prospect

Val-d'Or Mining Corporation Commences Geochemical Program on Nine Quebec Properties

Val-d'Or Mining Corporation announced that it has received CAD 0.30379 million in funding

Val-d'Or Mining Corporation announced that it expects to receive CAD 0.3 million in funding

Val-d'Or Mining Corporation Appoints Deborah Honig to its Board of Directors

How Many Val-d'Or Mining Corporation (CVE:VZZ) Shares Did Insiders Buy, In The Last Year?

Val-d'Or Mining Corporation Update About the Progress on Several of Its 2020 Field Exploration Programs

Québec Nickel Corp. entered into an agreement to acquire Ducros Group of Properties from Val-d'Or Mining Corporation (TSXV:VZZ).

Val-d'Or Mining Corporation Announces the Completion of the 2020 Prospecting and Mapping Program on Its 100%-Owned Oregon Gold Prospect

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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