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G2 Goldfields Inc

Company price
0.98 CAD -0.02 ( 2.00%)
Last update at 2024-04-08T19:42:00Z
VOLUME
111253
Market Cap
132.08M

Momentum Score

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G2 Goldfields Inc. engages in the acquisition and exploration of gold deposits in Guiana. It primarily holds 100% interests in the properties located in the Oko Aremu District and Puruni District, Guyana. G2 Goldfields Inc. was incorporated in 2009 and is headquartered in Toronto, Canada.

Source: TradingView
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Day Price Range
0.97
Low
1.03
High
52 Week Price Range
0.57
Low
0.96
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
1.00
Dividend Yield
-
Revenue TTM
0.33M
Revenue Per Share
0.00
Gross Profit TTM
0.32M
Debt / Equity
-
ROE
-12.75%
Net Debt
-
ROCE
-9.03%
Diluted EPS TTM
-0.03

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-05-31 2022-05-31 2021-05-31 2020-05-31 2019-05-31
Type yearly yearly yearly yearly yearly
Date 2023-05-31 2022-05-31 2021-05-31 2020-05-31 2019-05-31
Income before tax -4.43M -2.20M -12.83M -1.21M -1.02M
Net income -4.43M -2.20M -12.92M -1.21M -1.02M
Selling general administrative 3.79M 2.50M 3.40M 1.67M 1.01M
Gross profit 0.29M 0.29M 0.38M 0.46M -
Reconciled depreciation 0.02M 0.05M 0.05M 0.04M -
Ebit -3.74M -1.84M -2.55M -1.05M -0.95M
Ebitda - -2.14M -12.76M -1.17M -1.02M
Operating income -4.19M -2.20M -3.02M -1.21M -1.01M
Interest expense 0.03M 0.01M 0.01M 0.01M 0.00M
Tax provision - 0.00M 0.09M - -
Interest income 0.12M - - - -
Net interest income 0.10M -0.01M -0.01M -0.01M -0.00M
Income tax expense - - 0.09M - -
Total revenue 0.32M 0.35M 0.44M 0.50M 0.00M
Total operating expenses 4.51M 2.55M 3.46M 1.70M 1.01M
Cost of revenue 0.02M 0.05M 0.05M 0.04M -
Total other income expense net -0.33M 0.02M -9.79M 0.00M -0.01M
Net income from continuing ops -4.43M -2.20M -12.92M -1.21M -1.02M
Net income applicable to common shares -4.43M -2.20M -12.92M -1.21M -1.02M
Breakdown 2023-05-31 2022-05-31 2021-05-31 2020-05-31 2019-05-31
Type yearly yearly yearly yearly yearly
Date 2023-05-31 2022-05-31 2021-05-31 2020-05-31 2019-05-31
Total assets 43.42M 17.90M 13.92M 20.95M 11.92M
Total liab 2.02M 0.97M 1.02M 1.35M 0.97M
Total stockholder equity 41.40M 16.93M 12.90M 19.59M 10.96M
Other current liab 0.07M 0.14M 0.26M - 0.17M
Common stock 84.49M 57.86M 52.01M 45.93M 36.34M
Capital stock 84.49M 57.86M 52.01M 45.93M 36.34M
Retained earnings -54.19M -49.77M -47.56M -34.65M -33.44M
Other liab - - - 0.40M -
Other assets 0.47M - - - 0.28M
Cash 15.77M 1.25M 2.04M 0.58M 1.09M
Total current liabilities 2.02M 0.97M 1.02M 0.96M 0.97M
Other stockholder equity -0.65M -1.38M -0.33M 1.02M 1.59M
Property plant equipment 26.89M 16.33M 11.53M 20.29M 10.41M
Total current assets 16.06M 1.56M 2.39M 0.65M 1.24M
Net tangible assets 41.40M 16.93M 12.90M 19.59M 10.96M
Short term investments 0.05M 0.06M 0.07M 0.01M 0.01M
Net receivables 0.06M 0.21M 0.21M 0.02M 0.12M
Accounts payable 1.95M 0.83M 0.77M 0.96M 0.80M
Non currrent assets other - - - - 10.69M
Non current assets total 27.36M 16.33M 11.53M 20.29M 10.69M
Breakdown 2023-05-31 2022-05-31 2021-05-31 2020-05-31 2019-05-31
Type yearly yearly yearly yearly yearly
Date 2023-05-31 2022-05-31 2021-05-31 2020-05-31 2019-05-31
Investments 0.02M 0.01M -0.05M -0.05M -0.05M
Change to liabilities 1.12M 0.03M -0.16M -0.04M 0.31M
Total cashflows from investing activities -10.25M -4.83M -3.72M -3.83M -1.88M
Total cash from financing activities 26.12M 5.48M 7.59M 3.93M 2.91M
Change to operating activities -0.06M -0.08M -0.31M 0.19M 0.16M
Net income -4.43M -2.20M -12.92M -1.21M -1.02M
Change in cash 14.52M -0.78M 1.45M -0.51M 0.78M
Begin period cash flow 1.25M 2.04M 0.58M 1.09M 0.31M
End period cash flow 15.77M 1.25M 2.04M 0.58M 1.09M
Total cash from operating activities -1.05M -1.36M -2.41M -0.61M -0.25M
Issuance of capital stock 27.17M 3.06M 5.00M 1.35M 3.03M
Depreciation 0.27M 0.05M 0.05M 0.04M 0.04M
Other cashflows from investing activities -0.47M -0.47M -0.47M -0.47M -
Change to account receivables 0.01M 0.02M -0.07M 0.11M -0.07M
Other cashflows from financing activities -1.96M -0.05M -0.32M -0.01M -0.36M
Change to netincome 2.04M 0.82M 10.99M 0.31M 0.36M
Capital expenditures 9.79M 4.83M 3.67M 3.93M 1.88M
Change in working capital 1.06M -0.02M -0.55M 0.26M 0.40M
Stock based compensation 2.04M 0.81M 1.60M 0.82M 0.36M
Other non cash items - - 9.74M - -
Free cash flow -10.84M -6.27M -6.09M -4.54M -2.13M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
GTWO
G2 Goldfields Inc
-0.02
2.00%
0.98 - - 397.09 3.21 360.14 -26.79
OMG
Omai Gold Mines Corp
0.03
1.78%
1.72 - - - 62.63 - -4.09
ASE
Asante Gold Corporation
-0.01
1.52%
0.65 - 6.57 2.23 269.42 2.23 49.52
THX
Thor Explorations Ltd.
0.05
5.43%
0.97 3.41 2.77 2.87 1.88 1.80 2.44
MKO
Mako Mining Corp
-0.16
1.45%
10.89 18.47 2.34 6.21 4.73 4.31 10.00

Profile*

G2 Goldfields Inc

G2 Goldfields Inc. engages in the acquisition and exploration of gold deposits in Guiana. It primarily holds 100% interests in the properties located in the Oko Aremu District and Puruni District, Guyana. G2 Goldfields Inc. was incorporated in 2009 and is headquartered in Toronto, Canada.

141 Adelaide Street West, Toronto, ON, Canada, M5H 3L5

416 628 5904

Name Title Year Born
Mr. J. Patrick Sheridan M.Sc. Exec. Chairman NA
Mr. Daniel Joseph Noone B.Sc., BAPSCI (GEOL), M.B.A., MBA Pres, CEO & Director 1968
Mr. Carmelo Marrelli ACIS, B.Comm., CA, CGA, CPA Chief Financial Officer 1971
Mr. Torben Michalsen Chief Operating Officer NA
Mr. Boaz Wade B.Sc. VP of Exploration - Guiana Shield NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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