Canada's GoGold Resources fiscal year revenue doubles

GoGold Resources

11/12/2025 13:41

Overview

Canada silver and gold producer's fiscal year revenue doubled to $72.5 mln

Net income for fiscal year reached $17.3 mln

Company completed C$143 mln financing, boosting cash reserves over $240 mln

Outlook

GoGold sees strong outlook for 2026 with silver prices above $55/oz

Company plans aggressive advancement of Los Ricos North during Los Ricos South construction

GoGold has over $240 mln in cash, no debt, de-risking 2026 project execution

Result Drivers

PARRAL PERFORMANCE - Record revenue from Parral project doubled to $72.5 mln, driving cash flows and net income

STRONG BALANCE SHEET - Co has over $240 mln in cash and no debt, supporting future project execution

HIGH SILVER PRICES - Co expects strong outlook for 2026 with silver prices above $55/oz, enhancing project value

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$18.10 mln
Q4 Net Income
$5.89 mln
Q4 Basic EPS
$0.02
Q4 Operating Income
$5.20 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the diversified mining peer group is "buy"

Wall Street's median 12-month price target for GoGold Resources Inc is C$4.00, about 44.4% above its December 10 closing price of C$2.77

The stock recently traded at 45 times the next 12-month earnings vs. a P/E of 50 three months ago

Press Release: ID:nNFC3Q5kcg

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)