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Goldgroup Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of gold-bearing mineral properties in Mexico and the Americas. It holds a 100% interest in the Cerro Prieto project comprising San Felix, San Francisco, Elba, Huerta de Oro, Reyna de Plata, Cerro Prieto North, and the Argonauta 6 mineral concessions located in the Cucurpe Mining District, Sonora, Mexico; and the San José de Gracia property, consisting of 34 mineral concessions covering approximately 69,000 hectares situated in Sinaloa State, Mexico. The company is based in Vancouver, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Goldgroup Mining Inc. is a Canadian company listed on the TSX Venture focused on gold and silver projects in Mexico. Long-term growth drivers include advancing existing operations, exploration-driven resource expansion and sensitivity to higher metal prices. The company may appeal to investors seeking junior precious-metals exposure with potential operational leverage to rising gold and silver markets.
Material risks include commodity-price volatility, execution and permitting hurdles in Mexico and ongoing dependence on external financing to fund exploration and development.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -2.34M | -6.64M | -3.05M | -0.83M |
| Net income | -2.48M | -6.75M | -3.05M | -1.04M |
| Selling general administrative | 3.09M | 3.35M | 3.24M | 3.01M |
| Gross profit | 1.97M | 1.44M | -0.48M | 0.54M |
| Reconciled depreciation | 0.93M | 0.61M | 0.12M | 1.67M |
| Operating income | -1.34M | -2.07M | -3.79M | -2.57M |
| Interest expense | 0.02M | 0.17M | 0.22M | 0.20M |
| Tax provision | 0.13M | 0.11M | 0.00M | 0.21M |
| Net interest income | -0.00M | -0.19M | -0.24M | -0.21M |
| Total revenue | 20.37M | 9.79M | 0.55M | 18.44M |
| Total operating expenses | 21.71M | 11.86M | 4.35M | 21.01M |
| Cost of revenue | 18.40M | 8.35M | 1.03M | 17.90M |
| Total other income expense net | -1.00M | -4.39M | 0.98M | 1.95M |
| Net income from continuing ops | -2.48M | -6.75M | -3.05M | -1.04M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 6.21M | 9.42M | 15.40M | 10.87M |
| Total liab | 14.58M | 15.79M | 17.97M | 11.08M |
| Total stockholder equity | -8.37M | -6.37M | -2.57M | -0.21M |
| Other current liab | 1.45M | 0.01M | 0.02M | - |
| Capital stock | 141.58M | 141.25M | 137.96M | 137.86M |
| Retained earnings | -158.61M | -156.14M | -149.39M | -146.34M |
| Cash | 0.37M | 0.29M | 0.46M | 0.95M |
| Total current liabilities | 12.45M | 13.54M | 15.82M | 7.89M |
| Net debt | - | - | 3.44M | - |
| Short long term debt | - | - | 3.89M | - |
| Total current assets | 3.38M | 5.12M | 3.02M | 4.03M |
| Short term investments | - | - | 0.00M | 0.69M |
| Long term debt | - | 0.10M | - | 0.59M |
| Inventory | 2.20M | 3.00M | 0.77M | 0.76M |
| Accounts payable | 10.99M | 13.47M | 11.52M | 6.54M |
| Non current assets total | 2.84M | 4.30M | 12.38M | 6.85M |
| Capital lease obligations | 0.03M | 0.08M | 0.15M | 0.17M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2010-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2010-12-31 |
| Investments | - | 0.00M | 0.69M | 0.62M | - |
| Net borrowings | -0.17M | 0.01M | 2.08M | -0.10M | - |
| Total cash from financing activities | 0.52M | -0.02M | 2.92M | -0.24M | - |
| Net income | -2.48M | -6.75M | -3.05M | -1.04M | -8.66M |
| Change in cash | 0.07M | -0.17M | -0.49M | 0.37M | - |
| Begin period cash flow | 0.29M | 0.46M | 0.95M | 0.58M | - |
| End period cash flow | 0.37M | 0.29M | 0.46M | 0.95M | 0.58M |
| Total cash from operating activities | -0.23M | -1.93M | -6.58M | 2.24M | - |
| Issuance of capital stock | 0.70M | 0.00M | 0.47M | 0.00M | - |
| Depreciation | 0.75M | 0.25M | 0.08M | 0.71M | - |
| Dividends paid | - | - | 0.00M | 0.00M | - |
| Change to inventory | 0.23M | -2.34M | -0.00M | 2.41M | - |
| Capital expenditures | 0.21M | 13.75M | 18.34M | 7.98M | 0.00M |
| Change in working capital | -0.69M | -0.82M | -3.56M | 1.83M | - |
| Stock based compensation | 0.14M | 0.07M | 0.17M | 0.13M | - |
| Other non cash items | 0.17M | -0.10M | 0.26M | 0.21M | - |
| Free cash flow | -0.45M | -15.68M | -24.92M | -5.74M | - |
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) |
|---|---|---|---|---|---|---|---|---|
| OMG Omai Gold Mines Corp |
0.20 13.76% |
1.70 | - | - | - | 62.63 | - | -4.09 |
| ASE Asante Gold Corporation |
0.06 9.48% |
0.64 | - | 6.57 | 2.23 | 269.42 | 2.23 | 49.52 |
| THX Thor Explorations Ltd. |
0.06 6.98% |
0.92 | 3.41 | 2.77 | 2.87 | 1.88 | 1.80 | 2.44 |
| MKO Mako Mining Corp |
0.76 7.47% |
10.94 | 18.47 | 2.34 | 6.21 | 4.73 | 4.31 | 10.00 |
Goldgroup Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of gold-bearing mineral properties in Mexico and the Americas. It holds a 100% interest in the Cerro Prieto project comprising San Felix, San Francisco, Elba, Huerta de Oro, Reyna de Plata, Cerro Prieto North, and the Argonauta 6 mineral concessions located in the Cucurpe Mining District, Sonora, Mexico; and the San José de Gracia property, consisting of 34 mineral concessions covering approximately 69,000 hectares situated in Sinaloa State, Mexico. The company is based in Vancouver, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Ralph Edward Shearing B.Sc., P.Geo., P.Geol. | Chief Executive Officer | 1957 |
| Mr. Anthony Bob Balic | CFO, Company Secretary & Director | 1982 |
| Mr. Anthony Bob Balic CPA | CFO, Company Secretary & Director | 1982 |
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