Cardinal Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Ghana. The company primarily explores for gold deposits. Its principal project is Namdini Gold project covering an area of 63 square kilometers located in the Bolgatanga region. Cardinal Resources Limited was incorporated in 2010 is based in West Perth, Australia. As of January 19, 2021, Cardinal Resources Limited operates as a subsidiary of Shandong Gold Mining (Hong Kong) Co., Limited.
Research context
Cardinal Resources Limited appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Basic Materials
- Industry
- Gold
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5 years, 6 months ago
Cardinal Resources Limited is currently in a long term uptrend where the price is trading 20.5% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Cardinal Resources Limited's total revenue rose by 45.4% to $61K since the same quarter in the previous year.
Its net income has dropped by 3.8% to $-8M since the same quarter in the previous year.
Finally, its free cash flow grew by 42.9% to $-4M since the same quarter in the previous year.
Based on the above factors, Cardinal Resources Limited gets an overall score of 4/5.