Go Metals Balance Sheet Health

Financial Health criteria checks 4/6

Go Metals has a total shareholder equity of CA$939.5K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.0M and CA$106.0K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$382.95k
Equity	CA$939.52k
Total liabilities	CA$106.03k
Total assets	CA$1.05m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GOCO.F's short term assets (CA$767.0K) exceed its short term liabilities (CA$106.0K).

Long Term Liabilities: GOCO.F has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: GOCO.F is debt free.

Reducing Debt: GOCO.F has no debt compared to 5 years ago when its debt to equity ratio was 5%.

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: GOCO.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GOCO.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.9% each year

Go Metals Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Recent updates

Go Metals Corp., Annual General Meeting, Sep 24, 2024

Go Metals Corp. announced that it has received CAD 0.1 million in funding

Go Metals Corp. Announces Results from Airborne EM Survey At KM98

Go Metals Announces RC Drill Results at HSP Property

Go Metals Corp. Announces Board Changes

Go Metals Corp. Mobilizes the Drill to the HSP Nickel-Copper Project, North of Havre-Saint-Pierre on the Cote-Nord of Quebec

Go Metals Corp Provides Update on Geophysics and Ground Program at HSP Nickel- Copper Project

Go Metals Corp., Annual General Meeting, Sep 26, 2023

Go Metals Corp. Announces That the Company Is Working with Contractors and Local First Nations to Plan the Phase 2 Drill Program At HSP

Go Metals Corp. Hits Nickel-Copper-Cobalt Mineralization At All Targets

Go Metals Corp. Announces Results from the New PGE Zone Discovery on the HSP Exploration Stage Nickel-Copper-Cobalt (Ni-Cu-Co) Sulphide Project Located in Quebec

Go Metals Corp. Announces Preliminary Results as Part of New Discovery on HSP Exploration Stage Nickel-Copper-Cobalt Sulphide Project Located in Quebec

Go Metals Corp. announced that it has received CAD 2.188606 million in funding

Go Metals Corp. announced that it expects to receive CAD 1.5048 million in funding

Go Metals Intersects Wide Intervals of Nickel and Copper Sulphides

Go Metals Corp. Begins Drilling At HSP Nickel-Copper PGE Project

Go Metals Corp., Annual General Meeting, Sep 28, 2022

Go Metals Corp. announced that it has received CAD 0.600001 million in funding

Go Metals 2.4 Km Drill Program At Nickel-Copper Sulphide Project

Go Metals Corp. Announces Results from the HSP Project, A Polymetallic Property with Nickel, Copper, and PGE Mineralization in Eastern Quebec

Go Metals Corp. announced that it has received CAD 0.15 million in funding

Go Metals Corp. Updates Exploration Progress from the HSP Polymetallic Battery Metals Project in Eastern Quebec

Go Metals Corp. Mobilizes Crews to Havre-Saint-Pierre, Quebec in Preparation for Two Early-Season Programs

Go Metals Corp. Provides an Update Regarding the Exploration on Both Its 100% Owned Monster Iocg Project

Go Metals Corp. announced that it has received CAD 0.65 million in funding

Go Metals Corp. announced that it expects to receive CAD 0.75675 million in funding from Palisades Goldcorp Ltd.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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