FireFox Gold Balance Sheet Health

Financial Health criteria checks 6/6

FireFox Gold has a total shareholder equity of CA$1.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.6M and CA$333.1K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$92.56k
Equity	CA$1.25m
Total liabilities	CA$333.10k
Total assets	CA$1.59m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: FIY's short term assets (CA$377.3K) exceed its short term liabilities (CA$333.1K).

Long Term Liabilities: FIY has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: FIY is debt free.

Reducing Debt: FIY has not had any debt for 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: FIY has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: FIY is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.

FireFox Gold Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Firefox Gold Corp. Announces Completion of A Successful New Exploration Trenching Campaign That Has Extended Surface High-Grade Gold Mineralization At the East Target, Within the Company's 100%-Held Mustajärvi Gold Project in Lapland, Finland

Firefox Gold Corp. Announces Completion of A Successful New Exploration Trenching Campaign That Has Extended Surface High-Grade Gold Mineralization At the East Target, Within the Company's 100%-Held Mustajärvi Gold Project in Lapland, Finland

FireFox Gold Corp., Annual General Meeting, Dec 12, 2024

FireFox Gold Corp. Announces Fall Exploration Program at Lapland Gold Projects, Finland

FireFox Gold Corp. announced that it expects to receive CAD 2 million in funding

New major risk - Financial position

Less than half of directors are independent

FireFox Gold Corp. Appoints Robb McNaughton to its Board of Directors

Firefox Gold Corp. Announces Completion of Another Drilling Campaign at its 100%-Held Mustajärvi Gold Project in Lapland, Finland

New major risk - Market cap size

FireFox Gold Corp. announced that it has received CAD 1.42575 million in funding from Agnico Eagle Mines Limited

New major risk - Financial position

FireFox Gold Corp., Annual General Meeting, Dec 13, 2023

FireFox Gold Corp. announced that it expects to receive CAD 1.4 million in funding

FireFox Reports Extensions from Major Step-out Drilling and 6.87m of 59.12 g/t Gold in the First Trench at the East Target, Mustajärvi Gold Project, Finland

FireFox Gold Corp. Drills 20.4 Metres at 5.1 g/t Gold and Extends the Footprint of Mineralization at Mustajarvi East Target in Finland

FireFox Gold Reports Results from Reconnaissance Drill Program at Sarvi Project, Lapland, Finland

Firefox Gold Completes Step-Out Drill Program and Reports Strong Cobalt Intercept At Mustajärvi Gold Project, Finland

Firefox Gold Corp. Completes Second Drill Program At Sarvi Project, Lapland, Finland

FireFox Drills more Shallow High-Grade Gold at Mustajärvi East Target in Finland Including 13.05m at 15.04 g/t Gold and 12.44m at 14.34 g/t Gold

FireFox Gold Corp. Provides an Exploration Update for the Jeesiö and Northern Group Projects, Finland

FireFox Gold Corp. Reports Results from First Three Drill Holes of Fall 2022 Core Drilling Campaign At Its 100%-Held Mustajärvi Gold Project in Lapland, Finland

FireFox Gold Corp. Announces Board Changes

FireFox Gold Corp. announced that it expects to receive CAD 0.5 million in funding

FireFox Gold Corp. Follows-Up High-Grade Gold with Drill Program at Mustajärvi Gold Project, Finland

FireFox Gold Corp. announced that it has received CAD 0.506 million in funding

Insufficient new directors

FireFox Gold Corp., Annual General Meeting, Dec 01, 2022

FireFox Gold Corp. announced that it expects to receive CAD 1 million in funding

FireFox Gold Encounters Significant Coarse Gold at the East Target on the Mustajärvi Project, Finland

Insufficient new directors

Firefox Gold Reports More Shallow High-Grade Gold from the East Target at the Mustajärvi Project, Finland

Firefox Gold Corp. Reports Additional Results from Its 2022 Core Drilling Program At the 100%-Held Mustajarvi Gold Project

Firefox Gold Identifies Potential Gold-Hosting Structures At Naula Project in Lapland, Finland

Firefox Gold Corp. Reports Additional Results from 2022 Core Drilling Program At Mustajärvi Gold Project in Lapland, Finland

FireFox Gold Corp. announced that it has received CAD 0.50201 million in funding

FireFox Gold Corp. announced that it expects to receive CAD 1 million in funding

FireFox Gold Provides an Exploration Update on Its Sarvi and Mustajärvi Projects, Lapland, Finland

Firefox Gold Corp. Completes Airborne Magnetics Survey and Moves Forward with Permit Applications At Kolho Property, Lapland, Finland

FireFox Gold Corp. Drills More High-Grade Gold At the Mustajärvi Project

FireFox Gold Corp. Moves Drill to Next Promising Target: Sarvi Project, Finland

FireFox Gold Corp. Announces the Results of the Final Four Holes of the Phase 4 Diamond Drilling Program At Its 100%-Owned Mustajärvi Project

FireFox Gold Corp. Announces Commencement of Systematic Mechanized Exploration on Its 100%-Controlled Sarvi Project

FireFox Gold Corp. Reports Significant Gold from First-Ever Drilling at the Saittavaara Prospect, on the Jeesiö Project in Northern Finland

FireFox Gold Drills 93.88 g/t Gold over 1.35 Metres at Mustajärvi Project, Finland

FireFox Gold Corp. announced that it has received CAD 3 million in funding from Tin International AG and other investors

FireFox Gold Corp. announced that it expects to receive CAD 2 million in funding from Tin International AG

Firefox Gold Corp. Secures Vast New Gold Concessions in Central Lapland Greenstone Belt, Finland

FireFox Gold Corp. Announces Commencement of a New, Detailed, Bottom-Of-Till (Bot) Sampling Campaign

FireFox Gold Corp. (TSXV:FFOX) agreed to acquire Jeesiö Gold Project from Magnus Minerals Ltd. for CAD 1.27 million.

FireFox Gold Corp. Extends Strike of High-Grade Gold with 2020 Drilling at Mustajärvi Gold Project, Finland

FireFox Gold Corp. Strengthens Its Exploration Team in Finland

FireFox Gold Corp. Announces Executive Changes

FireFox Gold Corp. Starts Drilling at its 100% Held Mustaja rvi Gold Project in the Central Lapland Greenstone Belt in Northern Finland

FireFox Gold Corp. announced that it has received CAD 2.143494 million in funding

FireFox Gold Corp. announced that it expects to receive CAD 2 million in funding

FireFox Gold Corp. Reports Up to 10.5 g/t Gold from Newly Expanded Southern Targets at the Jeesiö Project in Northern Finland

FireFox Gold Delineates Multiple Drill Targets and Plans Fall Drill Program at Mustajärvi Gold Project

Quinton Hennigh Joins Firefox Gold Corp. Technical Advisory Board

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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