Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Gold79 Mines Ltd. (V:AUU)

Business Focus: Diversified Mining

Get the company report for the most recent outlook updated daily

Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for AUU within the last 6 months
Loading...
See all filings within the past 6 months

Company News

Nov 21, 2022 07:00 ET
Gold79 Announces Closing of Private Placement Financing
Ottawa, Ontario--(Newsfile Corp. - November 21, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce the closing of its non-brokered private placement financing, raising gross proceeds of $947,324 through the issuance of 27,066,401 units at $0.035 per unit. Each unit consists of one common share of the Company and one whole common share purchase warrant. A total of 27,066,401 warrants were issued, with each warrant entitling the holder to purchase one common share of the Company at a price of $0.05 per share until November 18, 2025. The warrants are callable, at the option of the Company, in the event that the 20-day volume-weighted average price of the Company's common share meets or exceeds $0.08 for ten consecutive trading days based on trades on the TSX Venture Exchange and Alternative Trading Systems. Subscribers will be notified of the call provision being triggered and will have a 30-day period to exercise the warrants.
Read full article
Nov 07, 2022 07:00 ET
Gold79 Announces Private Placement Financing of up to $1,000,000
Ottawa, Ontario--(Newsfile Corp. - November 7, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce the initiation of a non-brokered private placement to raise gross proceeds of up to $1,000,000, comprising 28,571,428 units (each a "Unit"), at $0.035 per Unit (the "Offering"). Each Unit consists of one common share of the Company and one whole common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one common share of the Company at a price of $0.05 per share for a period of 36 months following the date of issuance. Additionally, the Warrants will be callable during the 36 month period, at the option of the Company, in the event that the 20-day volume-weighted average price of the Company's common shares meets or exceeds $0.08 for ten consecutive trading days based on trades on the TSX Venture Exchange and Alternative Trading Systems. Subscribers will be notified of the call provision being triggered and will have a 30-day period to exercise the warrants.
Read full article
See more news stories

Valuation Ratios

Industry
Sector
Beta
2.05
--
--
Price to Sales - TTM
--
5.33
4.61
Price to Book - most recent quarter
--
2.08
1.99
Price to Cash Flow per share - TTM
--
11.39
8.62
Price to Free Cash Flow per share - TTM
--
22.17
19.31
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Nov 30, 202240,335292
Nov 15, 202240,04310,336
Oct 31, 202229,707-232,768
See Short Report

Business Summary

Sector:  Basic Materials Industry:  Diversified Mining

Gold79 Mines Ltd. is a Canada-based exploration-stage junior mining company. The Company is engaged in the identification, acquisition, evaluation and exploration of mineral properties in North America. The Company's Gold Chain project is located in Mohave County, Arizona. The Gold Chain Project is comprised of approximately 15 patented claims, covering approximately 264 acres and over 361 lode claims on BLM land comprising about 7,180 acres (2,907 hectares). Its Jefferson Canyon gold-silver Project (JCP) is located in southern Nevada, Nye County. Tip Top Gold Project has approximately 143 claims covering approximately 1,062 hectares in total area. Its Greyhound Property is located in Nunavut, Canada and it comprises a total of about 15 claims covering approximately 15,123 hectares. Its Taviche Project is comprised of the Higo Blanco concession covering approximately 986 hectares.

See business summary

 

Twitter

Search (past week) for $AUU.CA AUU.V