GoGold Resources' Q3 revenue rises to $17.7 mln

GoGold Resources

06/08/2025 14:10

Overview

GoGold Q3 revenue rises to $17.7 mln, driven by Parral project

Net income reaches $8.2 mln, reflecting improved profitability

Cash position strengthens by $61 mln, including $57 mln financing

Outlook

Company anticipates permit for Los Ricos South project

Result Drivers

PARRAL PROJECT - Parral tailings reprocessing project generated $17.7 mln in revenue from silver equivalent sales

CASH FLOW - Operating cash flow of $7 mln exceeded spending at Los Ricos and corporate costs, per CEO Brad Langille

CASH POSITION - Cash increased by $61 mln during the qtr, including $57 mln from financing

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$17.71 mln
Q3 Net Income
$8.21 mln
Q3 Basic EPS
$0.022
Q3 Operating Income
$4.63 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"

Wall Street's median 12-month price target for GoGold Resources Inc is C$3.25, about 34.5% above its August 5 closing price of C$2.13

The stock recently traded at 46 times the next 12-month earnings vs. a P/E of 55 three months ago

Press Release: ID:nNFC1JcV0v

(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.)