Golconda Gold (GG) Stock Price, News & Analysis

Company Overview

Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd. in October 2022. The company is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$0.35 to C$0.35
• 50-Day Range: C$0.25 to C$0.35
• 52-Week Range: C$0.10 to C$0.38
• Volume: 3,400 shs
• Average Volume: 41,649 shs
• Market Capitalization: C$24.59 million
• P/E Ratio: N/A
• Dividend Yield: 23.19%
• Price Target: N/A
• Consensus Rating: N/A

GG Stock Analysis - Frequently Asked Questions

How have GG shares performed this year?

Golconda Gold's stock was trading at C$0.16 on January 1st, 2024. Since then, GG shares have increased by 115.6% and is now trading at C$0.35.
View the best growth stocks for 2024 here.

How were Golconda Gold's earnings last quarter?

Golconda Gold Ltd. (CVE:GG) released its quarterly earnings data on Monday, August, 26th. The company reported ($0.01) EPS for the quarter. The firm earned $4.08 million during the quarter. Golconda Gold had a negative trailing twelve-month return on equity of 7.90% and a negative net margin of 24.15%.

When did Golconda Gold's stock split?

Golconda Gold shares reverse split on the morning of Monday, October 24th 2022. The 1-5 reverse split was announced on Monday, October 24th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, October 24th 2022. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

How do I buy shares of Golconda Gold?

Shares of GG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Golconda Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Golconda Gold investors own include Kirkland Lake Gold (KL), Silvergate Capital (SI), Cardiff Oncology (TROV), Aurora Cannabis (ACB), Hecla Mining (HL) and Harmony Gold Mining (HMY).

Company Calendar

• Last Earnings: 8/26/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 11/26/2024

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: CVE:GG
• CUSIP: N/A
• CIK: N/A
• Web: www.galanegold.com
• Phone: +1-416-9072026
• Fax: N/A
• Employees: 210
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C($0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 6.90
• P/E Growth: N/A
• Net Income: C$-2,440,000.00
• Net Margins: -24.15%
• Pretax Margin: N/A
• Return on Equity: -7.90%
• Return on Assets: -1.59%

Debt

• Debt-to-Equity Ratio: 16.35
• Current Ratio: 0.33
• Quick Ratio: 0.20

Sales & Book Value

• Annual Sales: C$10.09 million
• Price / Sales: 2.44
• Cash Flow: C$0.01 per share
• Price / Cash Flow: 66.00
• Book Value: C$0.42 per share
• Price / Book: 0.82

Miscellaneous

• Outstanding Shares: 71,270,000
• Free Float: N/A
• Market Cap: C$24.59 million
• Optionable: Not Optionable
• Beta: 2.80