GoGold Resources Liabilities 2024

GoGold Resources Aktienanalyse

What does GoGold Resources do?

GoGold Resources Inc is a Canadian company specializing in the extraction of precious metals. The company was founded in 2011 and has its headquarters in Halifax, Nova Scotia. It currently operates two mines in Mexico: the Parral Mine and the Santa Gertrudis Mine. The business model of GoGold is based on identifying and developing untapped gold and silver resources in Mexico. The two mines operated by the company have a total area of approximately 23,000 hectares and offer significant potential for the extraction of precious metals. The Parral Mine, located in the Mexican state of Chihuahua, is considered the most important silver mine in the region. It was acquired in 2014 and has a production capacity of approximately 400,000 ounces of silver per year. On the other hand, the Santa Gertrudis Mine is a former gold mine being developed by GoGold. It is located in the state of Sonora and covers an area of approximately 22,000 hectares. GoGold utilizes an open-pit mining model, where ore is extracted from the surface of the earth. The company uses a specialized technology called VIBRO-MINING, which allows for more efficient and cost-effective extraction of precious metals than traditional methods. The company also has another pillar: it offers a technology called HYDROMINING, which allows for the recovery of precious metals from mine waste. This technology is an environmentally friendly alternative to traditional waste disposal and helps maximize the extraction of precious metals. Another product that GoGold offers is its gold and silver bars, which are made from the ore obtained in the mines and are available in various sizes. The company is committed to acting innovatively and sustainably. It works closely with the communities where its mines operate and is dedicated to social responsibility and environmental protection. GoGold also promotes education and health programs in the region and creates jobs for the local population. In summary, GoGold Resources Inc is an emerging player in the field of precious metal extraction. The company specializes in the development of untapped resources and utilizes innovative technologies to make the extraction of precious metals more efficient and cost-effective. It is committed to social responsibility and environmental protection and offers high-quality gold and silver bars. GoGold Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing GoGold Resources's Liabilities

GoGold Resources's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating GoGold Resources's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing GoGold Resources's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

GoGold Resources's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in GoGold Resources’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about GoGold Resources stock

What is the level of liabilities of GoGold Resources this year?

GoGold Resources has a debt balance of 20.9 M USD this year.

What were the liabilities of GoGold Resources compared to the previous year?

The liabilities of GoGold Resources have increased by -13.99% dropped compared to the previous year.

What are the consequences of high debt for investors of GoGold Resources?

High liabilities can pose a risk for investors of GoGold Resources, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in GoGold Resources?

Low liabilities mean that GoGold Resources has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of GoGold Resources affect the company?

An increase in liabilities of GoGold Resources can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of GoGold Resources affect the company?

A decrease in the liabilities of GoGold Resources can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of GoGold Resources?

Some factors that can influence the liabilities of GoGold Resources include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of GoGold Resources so important for investors?

The liabilities of GoGold Resources are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can GoGold Resources take to modify the liabilities?

To change its liabilities, GoGold Resources can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does GoGold Resources pay?

Over the past 12 months, GoGold Resources paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, GoGold Resources is expected to pay a dividend of 0 USD.

What is the dividend yield of GoGold Resources?

The current dividend yield of GoGold Resources is .

When does GoGold Resources pay dividends?

GoGold Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of GoGold Resources?

GoGold Resources paid dividends every year for the past 0 years.

What is the dividend of GoGold Resources?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is GoGold Resources located?

GoGold Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von GoGold Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of GoGold Resources from 10/2/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/2/2024.

When did GoGold Resources pay the last dividend?

The last dividend was paid out on 10/2/2024.

What was the dividend of GoGold Resources in the year 2023?

In the year 2023, GoGold Resources distributed 0 USD as dividends.

In which currency does GoGold Resources pay out the dividend?

The dividends of GoGold Resources are distributed in USD.