Goldgroup Mining Stock

Goldgroup Mining Liabilities 2024

Goldgroup Mining Liabilities

18 M USD

Ticker

GGA.TO

ISIN

CA38141A1075

WKN

A1CYEE

In 2024, Goldgroup Mining's total liabilities amounted to 18 M USD, a 62.16% difference from the 11.1 M USD total liabilities 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.

Liabilities Details

Assessing Goldgroup Mining's Liabilities

Goldgroup Mining'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 Goldgroup Mining's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Goldgroup Mining'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

Goldgroup Mining'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 Goldgroup Mining’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 Goldgroup Mining stock

What is the level of liabilities of Goldgroup Mining this year?

Goldgroup Mining has a debt balance of 18 M USD this year.

What were the liabilities of Goldgroup Mining compared to the previous year?

The liabilities of Goldgroup Mining have increased by 62.16% increased compared to the previous year.

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

High liabilities can pose a risk for investors of Goldgroup Mining, 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 Goldgroup Mining?

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

How does an increase in liabilities of Goldgroup Mining affect the company?

An increase in liabilities of Goldgroup Mining 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 Goldgroup Mining affect the company?

A decrease in the liabilities of Goldgroup Mining 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 Goldgroup Mining?

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

Why is the level of liabilities of Goldgroup Mining so important for investors?

The liabilities of Goldgroup Mining 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 Goldgroup Mining take to modify the liabilities?

To change its liabilities, Goldgroup Mining 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 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 9/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/29/2024.

When did Goldgroup Mining pay the last dividend?

The last dividend was paid out on 9/29/2024.

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.