Goldgroup Mining - Stock

Goldgroup Mining Debt 2024

Goldgroup Mining Debt

3.5 USD

Ticker

GGA.TO

ISIN

CA38141A1075

WKN

A1CYEE

In 2024, Goldgroup Mining's total debt was 3.5 USD, a 337.5% change from the 0.8 USD total debt recorded in the previous year.

Goldgroup Mining Aktienanalyse

What does Goldgroup Mining do?

Goldgroup Mining Inc is a Canadian mining company specializing in exploring, developing, and operating gold and silver mines in Mexico. The company was founded in 1984 and is headquartered in Vancouver, British Columbia. Goldgroup Mining Inc has become a leading gold and silver producer in Mexico over the years and currently operates several mining projects in the country. The business model of Goldgroup Mining Inc is based on acquiring undeveloped and underdeveloped precious metal projects and converting them into producing mines. The company pursues a strategy focused on organic growth and targeted acquisitions. The vision is to become a leading precious metal producer in Mexico and a preferred partner for other mining companies in the region. Goldgroup operates two main projects in Mexico: one in Sonora and the other in Sinaloa. The Sonora project includes two underground open-pit mines and a concentrator plant for processing the extracted material. The Caballo Blanco pit is located in the Sierra Madre Occidental in the state of Sinaloa. Together, these mines produce approximately 50,000 ounces of gold equivalent annually. Gold and silver production are the main products offered by Goldgroup Mining Inc. The company has also found other important precious metals such as copper, zinc, and lead in its mines. These are usually produced as by-products or blends with the main products. However, the focus of Goldgroup Mining Inc is on the production of gold and silver products. In addition to exploring, developing, and producing precious metals, Goldgroup Mining Inc also offers consulting services to other mining companies. The company has the necessary expertise and experience in the mining industry to assist other companies in implementing their projects. These consulting services include conducting feasibility studies, project financing, project planning, and project management. Goldgroup Mining Inc has established a strong presence in Mexico's precious metal industry. The company has built relationships with local communities and governments to promote collaboration and cooperation. The goal of Goldgroup Mining Inc is not only to be successful but also to act responsibly and sustainably. The company makes efforts to promote environmentally friendly mining practices and ensure that its activities comply with industry standards. Overall, Goldgroup Mining Inc is a leading mining company specializing in the exploration, development, and production of precious metals in Mexico. The company pursues a strategy of organic growth and targeted acquisitions to expand its portfolio of precious metal projects. Gold and silver production are the main products offered by the company, but it also provides consulting services to other mining companies. Goldgroup Mining operates according to the highest industry standards and is also committed to acting in line with the needs of communities and the environment. Goldgroup Mining ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Goldgroup Mining's Debt Structure

Goldgroup Mining's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Goldgroup Mining's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Goldgroup Mining’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Goldgroup Mining’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Goldgroup Mining Stock

What is the debt of Goldgroup Mining this year?

Goldgroup Mining has a debt level of 3.5 USD this year.

What was the debt of Goldgroup Mining compared to the previous year?

The debt of Goldgroup Mining has increased by 337.5% compared to the previous year increased.

What are the consequences of high debt for investors in Goldgroup Mining?

High debt can pose a risk for investors of Goldgroup Mining, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Goldgroup Mining?

Low debt means that Goldgroup Mining has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Goldgroup Mining affect the company?

An increase in debt of Goldgroup Mining can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Goldgroup Mining affect the company?

A reduction in debt of Goldgroup Mining can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Goldgroup Mining?

Some factors that can influence the debt of Goldgroup Mining include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Goldgroup Mining so important for investors?

The debts of Goldgroup Mining are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Goldgroup Mining take to change the debt?

To change the debt, Goldgroup Mining can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Goldgroup Mining pay?

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

What is the dividend yield of Goldgroup Mining?

The current dividend yield of Goldgroup Mining is .

When does Goldgroup Mining pay dividends?

Goldgroup Mining pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Goldgroup Mining?

Goldgroup Mining paid dividends every year for the past 0 years.

What is the dividend of Goldgroup Mining?

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

In which sector is Goldgroup Mining located?

Goldgroup Mining is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Goldgroup Mining kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Goldgroup Mining from 6/27/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/27/2024.

When did Goldgroup Mining pay the last dividend?

The last dividend was paid out on 6/27/2024.

What was the dividend of Goldgroup Mining in the year 2023?

In the year 2023, Goldgroup Mining distributed 0 USD as dividends.

In which currency does Goldgroup Mining pay out the dividend?

The dividends of Goldgroup Mining are distributed in USD.

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Andere Kennzahlen von Goldgroup Mining

Our stock analysis for Goldgroup Mining Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Goldgroup Mining Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.