Signal Gold (OTCPK:SGNL.F) - Stock Price, News & Analysis

SGNL.F Stock Overview

Operates as a gold development and exploration company in Canada. More details

SGNL.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (CA$0)

Earnings have declined by 68.9% per year over past 5 years

Shareholders have been diluted in the past year

Does not have a meaningful market cap ($18M)

+ 1 more risk

Signal Gold Inc. Competitors

Novo Resources

OTCPK:NSRP.F

US$20.2m

Gold Resource

NYSEAM:GORO

US$15.0m

Athena Gold

OTCPK:AHNR

US$7.2m

Nevada Canyon Gold

OTCPK:NGLD

US$23.1m

Price History & Performance

Summary of all time highs, changes and price drops for Signal Gold
Historical stock prices
Current Share Price	CA$0.05
52 Week High	CA$0.12
52 Week Low	CA$0.047
Beta	1.52
11 Month Change	-21.75%
3 Month Change	-22.90%
1 Year Change	-50.00%
33 Year Change	-91.38%
5 Year Change	-71.42%
Change since IPO	-82.61%

Recent updates

Shareholder Returns

	SGNL.F	US Metals and Mining	US Market
7D	-4.0%	4.0%	2.2%
1Y	-50.0%	22.9%	31.6%

Return vs Industry: SGNL.F underperformed the US Metals and Mining industry which returned 22.9% over the past year.

Return vs Market: SGNL.F underperformed the US Market which returned 31.7% over the past year.

Price Volatility

Is SGNL.F's price volatile compared to industry and market?
SGNL.F volatility
SGNL.F Average Weekly Movement	11.1%
Metals and Mining Industry Average Movement	8.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: SGNL.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SGNL.F's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
1994	16	Kevin Bullock	www.signalgold.com

Signal Gold Inc. operates as a gold development and exploration company in Canada. The company holds a 100% interest in the Goldboro Gold project covering an area of 27, 200 hectares situated to the 175 kilometers northeast of Halifax, Nova Scotia. It also owns a Tilt Cove Gold and copper project that covers an area of approximately 19, 450 hectares located within the Baie Verte Mining District, Newfoundland.

Signal Gold Inc. Fundamentals Summary

How do Signal Gold's earnings and revenue compare to its market cap?
SGNL.F fundamental statistics
Market cap	US$12.77m
Earnings (TTM)	-US$31.67m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-0.4x

P/E Ratio

Is SGNL.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SGNL.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$44.26m
Earnings	-CA$44.26m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.17
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	105.9%

How did SGNL.F perform over the long term?

See historical performance and comparison

SGNL.F Stock Overview

Risk Analysis

Signal Gold Inc. Competitors

OTCPK:NSRP.F

US$20.2m

NYSEAM:GORO

US$15.0m

OTCPK:AHNR

US$7.2m

OTCPK:NGLD

US$23.1m

Price History & Performance

Recent News & Updates

Signal Gold Inc. announced that it has received CAD 10.452602 million in funding

FireFly Metals Ltd (ASX:FFM) completed the acquisition of Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million.

FireFly Metals Ltd (ASX:FFM) entered into an agreement to acquire Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million.

NeXGold Mining Corp. and Signal Gold Inc. Appoints CFO for the Combined Company

NeXGold Mining Corp. (TSXV:NEXG) entered into a definitive agreement to acquire Signal Gold Inc. (TSX:SGNL) for CAD 24.7 million.

Signal Gold Inc. Announces Additional Assay Results from Its Goldboro Project in Nova Scotia

Recent updates

Signal Gold Inc. announced that it has received CAD 10.452602 million in funding

FireFly Metals Ltd (ASX:FFM) completed the acquisition of Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million.

FireFly Metals Ltd (ASX:FFM) entered into an agreement to acquire Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million.

NeXGold Mining Corp. and Signal Gold Inc. Appoints CFO for the Combined Company

NeXGold Mining Corp. (TSXV:NEXG) entered into a definitive agreement to acquire Signal Gold Inc. (TSX:SGNL) for CAD 24.7 million.

Signal Gold Inc. Announces Additional Assay Results from Its Goldboro Project in Nova Scotia

Signal Gold Inc. Intersects Further High-Grade Gold At the Western Extension of Goldboro, Including 17.97 Gold over 2.5 Metres And19.00 g/t over 2.4 Metres

Signal Gold Inc. Announces Initial Assay Results from Exploration Drilling Program At the Western Extension of the Goldboro Deposit

Signal Gold Inc. Begins Drilling at the Western Extension of Goldboro, Targeting Increased Mineral Resources

Signal Gold Inc. Commences Exploration Work At the Hurricane and Armstrong Growth Targets Located West and Southwest, Both, of the Goldboro Deposit and Planned Mine and Mill Infrastructure At the Goldboro Project in Nova Scotia, Canada

Signal Gold Inc. to Commence Exploration At the High Priority Stewart Target North of the Goldboro Deposit

Signal Gold Inc. to Commence Exploration at the Fowler Target, Directly Along Strike to the East of the Goldboro Deposit

Signal Gold Inc. Completes Airborne Geophysical Survey and Identifies Multiple Exploration Targets in the Goldboro Gold District

Signal Gold Inc. Initiates Further Drilling at the Western Extension of Goldboro, Targeting Increased Mineral Resources

Signal Gold Inc., Annual General Meeting, May 23, 2024

Signal Gold Inc. Announces Final Drill Results of Growth Exploration Program, Including 76.31 g/t Over 0.5 Metres and 12.88 g/t Over 0.6 Metres

Signal Gold Inc. Outlines Near-Term 2024 Priorities, Building on Recent Success At the Goldboro Project

Signal Gold Further Consolidates the Goldboro Gold District, Acquires Prospective Land Contiguous to Goldboro

Signal Gold Inc. Continues to Intersect Gold West of the Goldboro Deposit, Extends Mineralization over One Kilometre Along Strike

Signal Gold Inc. Reports Step-Out Drill Results Demonstrating Gold Mineralization Up to 450 Metres West of the Goldboro Deposit

Signal Gold Continues to Demonstrate Permitting Progress At the Goldboro Project

Signal Gold Inc. announced that it expects to receive CAD 2.02175 million in funding

Signal Gold Identifies Further Growth Targets to Expand the Potential of the Goldboro Gold District

Signal Gold Inc. Intersects Further High-Grade Gold At the Goldboro Project During Geotechnical Drilling, Including 23.85 g/t Gold over 6.0 Metres

Signal Gold Inc. Provides Permitting and Project Update for the Goldboro Gold Project

Signal Gold Inc. Initiates Airborne Geophysical Survey over Its Extended Land Position in the Goldboro Gold District

Signal Gold Inc. Announces Diamond Drill Results from the Growth Exploration Program at its Goldboro Project in Nova Scotia

Signal Gold Identifies Significant Growth Potential West of the Goldboro Deposit, Initiates Drilling at the Past Producing Dolliver Mountain Gold Mine

Signal Gold Consolidates the Goldboro Gold District and Provides A Goldboro Project Update

Signal Gold Inc. Announces Board Changes

Maritime Resources Corp. signed an agreement to acquire Point Rousse Project from Signal Gold Inc.

Signal Gold Mobilizes Second Diamond Drill At Goldboro and Intiates A Further 10,000-Metre Growth Exploration Program

Signal Gold Inc. announced that it has received CAD 6.6888 million in funding

Signal Gold Inc. Announces the Continuation of A 50-Line Kilometre Induced Polarization Geophysical Survey At the Goldboro Project in Nova Scotia

Signal Gold Inc. announced that it expects to receive CAD 7 million in funding

Signal Gold Inc. Files Updated Mineral Reserves for Stog'er Tight Deposit at Point Rousse Project

Signal Gold Inc. (TSX:SGNL) acquired six exploration licenses adjacent to the Goldboro Mineral Resource in Nova Scotia, Canada from MegumaGold Corp. (OTCPK:NSAU.F) for CAD 0.7 million.

Signal Gold Provides an Update on the Point Rousse Project

Signal Gold Inc. Receives Initial Results of the Induced Polarization Geophysical Survey At Its Goldboro Gold Project

Signal Gold Receives Environmental Assessment Approval for its Goldboro Gold Project, Nova Scotia

Signal Gold Inc. Gold Intersects 0.94 G/T Gold over 17 Metres and Identifies Exploration Targets Near Point Rousse in Newfoundland

Signal Gold Inc. Announces Drill Results and Identifies New Drill Targets at the Tilt Cove Gold Project, Newfoundland

Signal Gold Inc. Announces Results from a Recent Drill Program at its 100%-Owned Goldboro Gold Project in Nova Scotia

Signal Gold Inc. Announce the Initiation of A 50-Line Kilometre Induced Polarization Geophysical Survey At Goldboro Gold Project

Signal Gold Provides Update on its Point Rousse Operations

Signal Gold Inc. announced that it has received CAD 5.999776 million in funding

Signal Gold Inc. announced that it expects to receive CAD 4 million in funding

Anaconda Mining Inc. Announces Management Changes

Anaconda Mining Inc. Announces Exploration Drill Results from the Point Rousse Operation in the Baie Verte Mining District of Newfoundland

Anaconda Mining Inc. Intersects 335.0 G/T Gold over 0.5 Metres At the Goldboro Gold Project, Commences 4,000 Metre Infill Drill Program