Acquires and explores mineral properties, primarily focusing on gold. Holds 100% interest in the Reo Gold Project in Burkina Faso. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
Red columns mark years that ended in a loss.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
The stock trades 48% below its peak. The market has trimmed its expectations for the company.
There is $2.4M in the vault; even if every debt were paid off, $2.4M would remain.
A loss of $809K against $0 in annual sales.
The stock sits at $0.13. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
This stock swings about 2.2 times as much as the market average. Big rallies — and big drops — can both happen fast.
No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.
One-line summary: few numbers, an untested story. Keep watching.
Not covered, because the filings we hold do not carry it: earnings execution, the revenue breakdown.