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Avanti Gold Corp. (formerly was VALU/Valorem Resources Inc. until 2023-04-20)

Company price
0.3 CAD -0.01 ( 4.76%)
Last update at 2026-11-03T20:35:00Z
VOLUME
124054
Market Cap
152.43M

Momentum Score

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Avanti Gold Corp. operates as a mineral exploration company in the Democratic Republic of the Congo and the Republic of Seychelles. The company primarily explores for gold properties. It holds agreement to acquire a 100% interest in the Kraaipan Gold Project, which is located in the Republic of Seychelles; and holds interest in Misisi Gold Project located in the Fizi territory of South Kivu province in the Democratic Republic of the Congo. The company was formerly known as Valorem Resources Inc. and changed its name to Avanti Gold Corp. in April 2023. Avanti Gold Corp. is headquartered in Vancouver, Canada.

Source: TradingView
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Day Price Range
0.28
Low
0.31
High
52 Week Price Range
0.03
Low
1.10
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
AI Summary

Avanti Gold Corp. (AGC.CN), formerly Valorem Resources Inc., has limited public disclosures and appears to be a junior mineral exploration company focused on precious metals. Major long-term growth drivers may include successful discovery and delineation of mineral resources and advancement of projects toward development, which could support value creation for investors seeking exploration exposure.
Material risks include high exploration-stage failure risk, absence of operating revenues, dependence on external financing that may cause dilution, and regulatory or permitting challenges in the mining sector.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.32
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
-3.81M
Debt / Equity
-
ROE
-467.75%
Net Debt
0.48M
ROCE
35.68%
Diluted EPS TTM
-0.07

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Type yearly yearly yearly yearly
Date 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Income before tax -9.25M -4.57M -15.58M -3.49M
Minority interest 0.35M 0.48M 0.14M 0.00M
Net income -8.89M -4.08M -15.43M -3.49M
Selling general administrative 1.89M 2.64M 1.44M 1.77M
Gross profit - -0.53M 0.00M -
Operating income -3.54M -4.40M -1.73M -2.38M
Interest expense 0.10M 0.15M 0.02M 0.00M
Net interest income -0.10M -0.15M -0.02M 0.00M
Total revenue 0.00M 0.00M 0.00M 0.00M
Total operating expenses 3.54M 4.40M 1.73M 2.38M
Cost of revenue - 0.53M 0.00M -
Total other income expense net -5.61M -0.02M -13.82M -1.10M
Net income from continuing ops -9.25M -4.57M -15.58M -3.49M
Breakdown 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Type yearly yearly yearly yearly
Date 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Total assets 0.09M 0.30M 0.35M 0.06M
Total liab 10.00M 7.27M 5.94M 1.08M
Total stockholder equity -7.25M -4.65M -3.63M -1.02M
Capital stock 26.30M 21.01M 20.26M 8.64M
Retained earnings -40.08M -31.18M -27.19M -11.72M
Cash 0.01M 0.24M 0.28M 0.06M
Total current liabilities 10.00M 7.27M 5.94M 1.08M
Net debt - 0.48M - 0.04M
Short long term debt - 0.72M - 0.10M
Total current assets 0.09M 0.30M 0.35M 0.06M
Accounts payable 6.94M 3.79M 3.11M 0.70M
Non current assets total 0.00M 0.00M 0.00M 0.00M
Breakdown 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Type yearly yearly yearly yearly
Date 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Net borrowings 0.14M 0.72M 0.10M 0.00M
Total cash from financing activities 0.64M 1.43M 2.98M 0.22M
Net income -8.89M -4.08M -15.43M -3.49M
Change in cash -0.26M -0.90M -0.19M -0.03M
Begin period cash flow 0.24M 0.28M 0.06M 0.08M
End period cash flow 0.01M 0.24M 0.28M 0.06M
Total cash from operating activities -0.90M -2.32M -2.51M -0.25M
Issuance of capital stock 0.51M 0.00M 2.75M 0.22M
Capital expenditures 0.00M 0.00M 0.00M 0.00M
Change in working capital 3.26M 0.44M -1.06M 1.15M
Stock based compensation 1.15M 1.66M 0.64M 1.40M
Other non cash items 3.94M 0.14M -0.08M 0.69M
Free cash flow -0.90M -2.32M -2.51M -0.25M

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 EBITDA (x)
AGC
Avanti Gold Corp. (formerly was VALU/Valorem Resources Inc. until 2023-04-20)
-0.01
4.76%
0.30 - - - 9.15 -5.15
AMQ
Abitibi Metals Corp.
-0.01
1.61%
0.61 - - - 3.05 -
NOM
Norsemont Mining Inc
0.02
3.08%
0.67 - - 601.02 4.53 -2.32
SANU
Sanu Gold Corp.
0.01
2.56%
0.20 - - - 4.76 -4.57
BLLG
Blue Lagoon Resources Inc
0.01
1.96%
0.52 - - 195.68 6.29 -2.73

Profile*

Avanti Gold Corp. (formerly was VALU/Valorem Resources Inc. until 2023-04-20)

Avanti Gold Corp. operates as a mineral exploration company in the Democratic Republic of the Congo and the Republic of Seychelles. The company primarily explores for gold properties. It holds agreement to acquire a 100% interest in the Kraaipan Gold Project, which is located in the Republic of Seychelles; and holds interest in Misisi Gold Project located in the Fizi territory of South Kivu province in the Democratic Republic of the Congo. The company was formerly known as Valorem Resources Inc. and changed its name to Avanti Gold Corp. in April 2023. Avanti Gold Corp. is headquartered in Vancouver, Canada.

1055 West Hasting Street, Vancouver, BC, Canada, V6E 2E9

403 681 2549

Name Title Year Born
Dr. Colin Porter Vice President of Exploration NA
Mr. Mohamed Cisse CEO & COO NA
Mr. Swapan Kakumanu ACA, ACWA, CGA CFO & Corporate Secretary 1969
Mr. Mohamed Cisse Chief Executive Officer NA
Mr. Swapan Kakumanu ACA, ACWA, CGA CFO & Corporate Secretary 1970

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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