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Home CompaniesVolcanic Gold Mines Inc

Volcanic Gold Mines Inc

Basic Materials Gold
PortfolioPortfolio WatchlistWatchlist
Company price
0.085 CAD -0.01 ( 5.56%)
Last update at 2026-11-04T14:32:00Z
VOLUME
29535
Market Cap
6.24M

Momentum Score

…

Volcanic Gold Mines Inc. together with its subsidiaries, engages in the acquisition, exploration, and evaluation of mineral properties in Guatemala. The company explores for gold and silver deposits. It holds 60% interest in the Holly and Motagua Norte gold-silver properties in Guatemala. The company was formerly known as Volcanic Metals Corp. and changed its name to Volcanic Gold Mines Inc. in January 2017. Volcanic Gold Mines Inc. was incorporated in 2007 and 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
0.09
Low
0.09
High
52 Week Price Range
0.07
Low
0.25
High

Momentum Score

…
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

Volcanic Gold Mines Inc (TSXV:VG) is a junior Canadian mineral exploration company focused on advancing gold targets in Central America. Its long-term growth drivers include successful resource discovery, systematic drilling to define mineralization, and leverage to gold prices. Investors may find the company attractive for exploration upside and potential value creation if projects progress toward resource definition.

Key investment risks include high exploration and development risk with no guaranteed discovery, financing and dilution risk, geopolitical and regulatory uncertainty in host jurisdictions, and sensitivity to gold price volatility.

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
0.09
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
-0.04M
Debt / Equity
-
ROE
-69.60%
Net Debt
-3.16M
ROCE
-235.64%
Diluted EPS TTM
-0.03

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

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
Income before tax -2.64M -2.29M -2.66M -4.40M -2.26M
Minority interest 0.00M 0.00M 0.00M 0.00M -0.18M
Net income -2.64M -2.29M -2.66M -4.40M -2.26M
Selling general administrative 0.65M 0.28M 0.42M 1.12M 1.82M
Selling and marketing expenses - 2.10M - - -
Gross profit -0.05M -0.05M -0.04M -0.03M -0.00M
Reconciled depreciation 0.05M 0.05M 0.04M 0.03M 0.00M
Ebit - -2.43M -2.65M -4.30M -2.27M
Ebitda - -2.38M -2.61M -4.27M -2.27M
Depreciation and amortization - 0.05M 0.04M 0.03M 0.00M
Operating income -2.47M -2.43M -2.65M -4.30M -2.27M
Other operating expenses - 2.43M 2.70M 4.36M 2.27M
Interest expense 0.00M - - 0.00M 0.00M
Interest income 0.05M 0.14M 0.09M 0.03M 0.01M
Net interest income 0.05M 0.14M 0.09M 0.03M 0.01M
Income tax expense - -0.00M -0.04M 0.04M -0.01M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 2.47M 2.38M 2.66M 4.33M 2.27M
Cost of revenue 0.05M 0.05M 0.04M 0.03M 0.00M
Total other income expense net -0.23M 0.14M -0.05M -0.07M 0.00M
Net income from continuing ops -2.64M -2.29M -2.66M -4.40M -2.26M
Net income applicable to common shares - - - -4.40M -2.26M
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
Total assets 1.28M 3.66M 5.94M 8.62M 11.94M
Other current assets - 0.02M 0.01M 0.01M 0.01M
Total liab 0.32M 0.23M 0.27M 0.25M 0.22M
Total stockholder equity 1.14M 3.60M 5.86M 8.54M 11.90M
Other current liab - 0.04M - - -
Common stock - 26.58M 26.58M 25.14M 24.69M
Capital stock 26.58M 26.58M 26.58M 25.14M 24.69M
Retained earnings -27.60M -24.96M -22.68M -20.15M -15.91M
Other assets - - 0.06M 0.06M 0.06M
Cash 0.84M 3.16M 5.60M 8.22M 11.72M
Total current liabilities 0.24M 0.23M 0.27M 0.25M 0.22M
Net debt - -3.16M - - -
Other stockholder equity - - 1.96M 3.55M 3.11M
Property plant equipment - - 0.24M 0.27M 0.10M
Total current assets 0.98M 3.20M 5.64M 8.29M 11.78M
Net tangible assets - - - 8.54M 11.90M
Net receivables 0.12M 0.02M 0.02M 0.01M 0.02M
Accounts payable - 0.20M 0.19M 0.25M 0.19M
Accumulated other comprehensive income - 1.99M - - -
Non currrent assets other - 0.06M - - -
Non current assets total 0.31M 0.46M 0.30M 0.33M 0.16M
Capital lease obligations 0.10M - - - -
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 -0.00M -0.21M -0.02M -0.20M -0.11M
Change to liabilities - - 0.00M 0.07M 0.05M
Total cashflows from investing activities - - - -0.20M -0.11M
Total cash from financing activities - 0.00M 0.00M 0.35M 12.46M
Change to operating activities - - - -0.01M -0.03M
Net income -2.64M -2.29M -2.66M -4.40M -2.26M
Change in cash -2.32M -2.43M -2.63M -3.50M 11.56M
Begin period cash flow 3.16M 5.60M 8.22M 11.72M 0.16M
End period cash flow 0.84M 3.16M 5.60M 8.22M 11.72M
Total cash from operating activities -2.32M -2.23M -2.61M -3.65M -0.79M
Issuance of capital stock - 0.00M 0.00M 0.38M 13.61M
Depreciation 0.05M 0.05M 0.04M 0.03M 0.00M
Change to account receivables - -0.00M -0.00M 0.00M -0.01M
Other cashflows from financing activities - -0.21M 0.00M -0.04M -1.16M
Change to netincome - - -0.03M 0.66M 1.46M
Capital expenditures 0.01M 0.21M 0.04M 0.20M 0.10M
Change in working capital -0.11M -0.02M 0.03M 0.06M 0.01M
Stock based compensation 0.18M 0.04M -0.03M 0.66M 1.46M
Other non cash items 0.00M 0.14M 0.00M 0.72M 1.47M
Free cash flow -2.33M -2.43M -2.65M -3.84M -0.89M

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)
VG
Volcanic Gold Mines Inc		 -0.01
5.56%		 0.09 - - 71.03 3.17 33.47 -0.58
OMG
Omai Gold Mines Corp		 -
-%		 1.69 - - - 62.63 - -4.09
ASE
Asante Gold Corporation		 0.02
3.03%		 0.68 - 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		 -0.34
3.08%		 10.71 18.47 2.34 6.21 4.73 4.31 10.00

Profile*

Volcanic Gold Mines Inc

Volcanic Gold Mines Inc. together with its subsidiaries, engages in the acquisition, exploration, and evaluation of mineral properties in Guatemala. The company explores for gold and silver deposits. It holds 60% interest in the Holly and Motagua Norte gold-silver properties in Guatemala. The company was formerly known as Volcanic Metals Corp. and changed its name to Volcanic Gold Mines Inc. in January 2017. Volcanic Gold Mines Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.

1111 Melville Street, Vancouver, BC, Canada, V6E 3V6

604 801 5432

https://volgold.com

Name Title Year Born
Mr. Simon T. P. Ridgway Founder, Pres, CEO & Director 1949
Mr. Kevin Bales Chief Financial Officer 1967
Mr. Matthew Booth Exploration Mang. NA
Mr. Alex Vaides Chief Project Geologist NA
Ms. Sally Whittall Company Sec. 1960
Mr. James Martin Dawson P.Geo., M.Sc., P.Eng. Technical Advisor and Member of Advisory Board 1941
Mr. Simon T. P. Ridgway Founder, President, CEO & Director 1949
Mr. Adam David Buchanan Vice President of Corporate Development NA
Dr. Luc English Vice President of Exploration NA
Ms. Sally Whittall Company Secretary 1960

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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