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Home CompaniesGold X2 Mining Inc.

Gold X2 Mining Inc.

Basic Materials Gold
PortfolioPortfolio WatchlistWatchlist
Company price
5.5 CAD 0.25 ( 4.76%)
Last update at 2026-11-06T14:30:00Z
VOLUME
411
Market Cap
755.74M

Momentum Score

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Gold X2 Mining Inc., engages in the exploration and development of gold in Canada. It holds 100% in the Moss Gold Project located in Ontario, Canada. The company was formerly known as Goldshore Resources Inc. and changed its name to Gold X2 Mining Inc. in September 2025. The company is headquartered in Vancouver, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
5.50
Low
5.54
High
52 Week Price Range
0.30
Low
2.00
High

Momentum Score

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Loading momentum score…

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

Gold X2 Mining Inc., listed on the TSX Venture Exchange as AUXX.V, appears to be a junior mineral exploration company focused on gold projects though public disclosures are limited. Long-term growth may be driven by successful exploration and delineation of an economic resource, securing permits and project financing, and advancing toward development. Investors may find speculative upside if the company delivers material assay results and moves toward defined resources and feasibility work.
Key risks include early-stage exploration uncertainty, absence of operating revenues, high financing and dilution risk, sensitivity to gold prices and permitting or geopolitical challenges in operating jurisdictions.

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
5.25
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-8.03%
Net Debt
-
ROCE
-4.20%
Diluted EPS TTM
-0.02

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -3.79M -2.34M -6.65M -0.17M
Net income -5.98M -7.02M -13.48M -0.17M
Selling general administrative 3.47M 3.52M 4.35M 0.13M
Gross profit -0.07M -0.11M -0.07M -
Reconciled depreciation 0.08M 0.13M 0.09M -
Operating income -4.63M -5.01M -5.82M -0.17M
Interest expense 0.01M 0.02M 0.02M -
Tax provision 2.19M 4.68M 6.83M -
Interest income 0.27M 0.11M 0.00M -
Net interest income 0.26M 0.08M -0.02M -0.00M
Total revenue 0.00M 0.00M 0.00M 0.00M
Total operating expenses 4.63M 5.01M 5.82M 0.17M
Cost of revenue 0.07M 0.11M 0.07M -
Total other income expense net 0.59M 2.59M -0.81M -
Net income from continuing ops -5.98M -7.02M -13.48M -0.17M
Breakdown 2024-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 111.69M 87.60M 75.20M 18.73M
Total liab 19.02M 13.78M 10.63M 15.19M
Total stockholder equity 92.67M 73.82M 64.57M 3.54M
Other current liab - - 1.00M -
Capital stock 105.81M 73.06M 54.94M 3.86M
Retained earnings -27.93M -21.23M -14.23M -0.75M
Cash 15.38M 1.24M 12.11M 2.23M
Total current liabilities 1.35M 1.88M 2.57M 15.19M
Total current assets 16.00M 1.85M 13.42M 17.70M
Net receivables - - - 0.00M
Accounts payable 0.79M 1.34M 1.92M -
Non current assets total 95.69M 85.75M 61.78M 1.03M
Capital lease obligations 0.20M 0.32M 0.33M 0.02M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments - - - -0.16M -
Net borrowings -0.07M - -0.12M -0.08M -
Total cash from financing activities 18.26M - 15.74M 8.35M 10.42M
Net income -5.98M -3.04M -7.02M -13.48M -0.75M
Change in cash 10.11M - -10.87M -4.48M 9.79M
Begin period cash flow 5.27M 1.24M 12.11M 16.59M 0.01M
End period cash flow 15.38M 5.27M 1.24M 12.11M 9.79M
Total cash from operating activities -2.52M - -2.65M -3.75M -0.63M
Issuance of capital stock 13.97M - 17.29M 10.00M 1.00M
Depreciation 0.08M - 0.13M 0.09M -
Change to account receivables - - - - 0.01M
Capital expenditures 5.63M 0.00M 23.96M 19.40M 0.00M
Change in working capital -0.23M - 0.07M -0.85M -0.46M
Stock based compensation 2.00M - 2.07M 2.84M -
Other non cash items -0.59M - -2.58M 0.81M -
Free cash flow -8.15M - -26.61M -23.15M -0.63M

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)
AUXX
Gold X2 Mining Inc.		 0.25
4.76%		 5.50 - - - 6.06 -4.27
OMG
Omai Gold Mines Corp		 -0.01
0.59%		 1.68 - - - 62.63 -4.09
ASE
Asante Gold Corporation		 -0.02
3.23%		 0.60 - 6.57 2.23 269.42 49.52
THX
Thor Explorations Ltd.		 -
-%		 1.00 3.41 2.77 2.87 1.88 2.44
MKO
Mako Mining Corp		 -0.28
2.55%		 10.68 18.47 2.34 6.21 4.73 10.00

Profile*

Gold X2 Mining Inc.

Gold X2 Mining Inc., engages in the exploration and development of gold in Canada. It holds 100% in the Moss Gold Project located in Ontario, Canada. The company was formerly known as Goldshore Resources Inc. and changed its name to Gold X2 Mining Inc. in September 2025. The company is headquartered in Vancouver, Canada.

450 Commerce Place, Vancouver, BC, Canada, V6C 3A6

https://goldx2.com

Name Title Year Born
Mr. Michael Henrichsen P.Geo. CEO, President & Director 1973
Mr. Peter Flindell Vice President of Exploration NA
Ms. Juciane Gomes Goncalves Interim Chief Financial Officer NA
Mr. Sam Gibson Vice President of Corporate Development NA
Mr. Michael Kanevsky C.A., CPA CFO & Corporate Secretary 1983
Mr. Peter Flindell Chief Operating Officer NA
Mr. Michael Kanevsky C.A., CPA CFO & Corporate Secretary 1982

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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