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; and the Summit Property in the United States. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd. in October 2022. Golconda Gold Ltd. is based in Toronto, Canada.
Research context
Galane Gold Ltd appears in PyInvesting’s TSX Venture 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
Galane Gold Ltd is currently in a long term downtrend where the price is trading 8.0% below its 200 day moving average.
From a valuation standpoint, the stock is 99.8% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.9.
Galane Gold Ltd's total revenue rose by 19.8% to $15M since the same quarter in the previous year.
Its net income has dropped by 267.6% to $-812K since the same quarter in the previous year.
Finally, its free cash flow grew by 269.6% to $1M since the same quarter in the previous year.
Based on the above factors, Galane Gold Ltd gets an overall score of 3/5.