Trans Canada Gold Balance Sheet Health

Financial Health criteria checks 6/6

Trans Canada Gold has a total shareholder equity of CA$904.1K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.2M and CA$264.2K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$81.86k
Equity	CA$904.06k
Total liabilities	CA$264.23k
Total assets	CA$1.17m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: RCTR.F's short term assets (CA$230.7K) exceed its short term liabilities (CA$218.6K).

Long Term Liabilities: RCTR.F's short term assets (CA$230.7K) exceed its long term liabilities (CA$45.6K).

Debt to Equity History and Analysis

Debt Level: RCTR.F is debt free.

Reducing Debt: RCTR.F 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: RCTR.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: RCTR.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.

Trans Canada Gold Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Trans Canada Gold Corp. Strengthens its Land and Lease Position and Prepares for Drilling its Second Multilateral Well

Trans Canada Gold Corp. announced that it has received CAD 0.349 million in funding from T8X Capital Ltd. and another investor

Trans Canada Gold Corp. announced that it has received CAD 0.349 million in funding

Trans Canada Gold Corp. Completes Its Eighth Full Month of Steady Oil Production for the Month of May 2024, on Its Lloydminster Multilateral Horizontal Heavy Oil Well and Prepares for Drilling Its Second Multilateral Well in Mid July

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

Trans Canada Gold Corp. Appoints Christian Timmins to Board of Directors

Trans Canada Gold Corp. Completes Its Third Full Month of Successful Steel Oil Production for the Year of December Shipping Another 7,032 Barrels, on Its Newly Drilled Multilateral Horizontal Heavy Oil Well, Situated Near Lloydminster, Alberta

Trans Canada Gold Corp. Announces Second Full Year of Successful Oil Production, Shipping Another 7,296 Bbls, on Its Newly Drilled Multi-Lateral Well on Production, Situated Near Lloydminster, Alberta

Trans Canada Gold Corp. Announces October Oil Production, Shipping over 6,939 Barrels, on Its Successfully Drilled Multilateral Horizontal Heavy Oil Well on Production, Situated Near Lloydminster, Alberta

Trans Canada Gold Corp., Annual General Meeting, Dec 18, 2023

Trans Canada Gold Corp. Has Now Successfully Drilled and Encountered Oil on Its Target Zone of Interest Multilateral Horizontal Heavy Oil Well Situated Near Lloydminster, Alberta

Trans Canada Gold Corp. Completes the 3rd Leg of the New Well

Trans Canada Gold Corp. Commences Drilling Its Multi-Lateral Oil Well Situated Near Lloydminster, Alberta

Trans Canada Gold Corp. Begins Pre-Setting Surface Casing Preparing to Begin Drilling Its Multilateral Horizontal Heavy Oil Well Situated Near Lloydminster, Alberta

Trans Canada Gold Corp. Begins Surface and Pad Preparations to Begin Drilling Its Multi-Lateral Oil Well Located Near Lloydminster, Alberta

Trans Canada Gold Corp. announced that it has received CAD 0.5 million in funding

Trans Canada Gold Corp. Provides Drilling Update on Well Agreement with Croverro Energy Ltd. of Calgary, Alberta to Drill A Multilateral Horizontal Heavy Oil Well Situated Near Lloydminster, Alberta

Trans Canada Gold Corp., Annual General Meeting, Dec 19, 2022

Trans Canada Gold Corp. announced that it expects to receive CAD 0.6 million in funding

Trans Canada Gold Corp. Completes A Helicopter Heli-Gt Magnetic Survey over the Crippleback Lake Gold Project in the Corridor of Gold in Central Newfoundland

Trans Canada Gold Corp. Commences Regional Helicopter-Borne Heli-Gt Triaxial Magnetic Gradiometer Survey on the Crippleback Lake Gold Project Situated 45 Km South of Grand Falls-Windsor, in Central Newfoundland

Trans Canada Gold Corp. Announces That It Has Now Received Permit Approval for Planned Mineral Exploration Work from the Government of Newfoundland and Labrador

Trans Canada Gold Corp. Submits Permitting for Planned Exploration Work at the Crippleback Lake Gold Project in Central Newfoundland

Trans Canada Gold Corp. (TSXV:TTG) completed the acquisition of Gold Crow Gold Property.

Trans Canada Gold Corp. announced that it has received CAD 0.325 million in funding

Trans Canada Gold Corp. Confirms the Existence of Historical High-Grade Nickel, Copper While Compiling Detailed Review of Historical Datasets from Falconbridge Nickel on the Dinorwic Gold Property Situated Near Dryden, Ontario

Trans Canada Gold Corp. Appoints A New Gold Technical Advisory Team

Trans Canada Gold Corp. announced that it has received CAD 0.682248 million in funding

Arctic Hunter Energy Inc. Appoints Brian Game to its Advisory Board

Arctic Hunter Announces the Completion of A Detailed Field Reconnaisssaince and Site Visit of A Highly Prospective District Scale Gold Property Situated in Northwestern Ontario

Arctic Hunter Energy Inc. (TSXV:AHU) completed the acquisition of Dinorwic Gold Property Located near Dryden, Ontario.

Arctic Hunter Energy Inc. announced that it expects to receive CAD 0.75 million in funding

Arctic Hunter Energy Inc. (TSXV:AHU) entered into agreement to acquire Dinorwic Gold Property Located near Dryden, Ontario for CAD 0.7 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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