Xtra-Gold Resources Corp. (T:XTG)
Business Focus: Gold Mining
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Latest 10 SEDI filings for XTG within the last 6 months
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Company News
Sep 08, 2023 10:00 ET
Xtra-Gold Expansion Drilling Successfully Amalgamates Boomerang East / Boomerang West Targets into Major Gold System; Intersects 1.31 g/t Gold over 51.0 Metres, including 3.09 g/t Gold over 16.5 Metre
Toronto, Ontario--(Newsfile Corp. - September 8, 2023) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF) ("Xtra-Gold" or the "Company"), is pleased to announce further positive assay results for an additional 30 diamond core boreholes totalling 7,309 metres ("m") from its current exploration drilling program on the Company's wholly-owned Kibi Gold Project, located in the Kibi - Winneba greenstone belt (the "Kibi Gold Belt"), in Ghana, West Africa. Today's drilling results include 23 drill holes (6,122.5 m) focusing on the expansion of the Boomerang East gold system and 7 scout drill holes (1,186.5 m) targeting prospective litho-structural settings generated by the recently completed 3D VTEM / TMI inversion-modelling. The current drilling forms part of an aggressive in-house drilling initiative focussing on multiple resource expansion targets occupying the south-western (Zone 3) portion of the mineralization-hosting 1st-order F2 synclinorium fold structure; over 1 km beyond the limits of the currently defined Mineral Resource Estimate (the "2021 MRE", see the Company's news release of November 1, 2021).
Aug 01, 2023 10:00 ET
Xtra-Gold CFO Passes Away; New CFO Appointed
Toronto, Ontario--(Newsfile Corp. - August 1, 2023) - XTRA-GOLD RESOURCES CORP. (TSX: XTG) (OTCQB: XTGRF) ("Xtra-Gold" or the "Company") - is saddened to announce the passing of our Chief Financial Officer, Victor Nkansa.
Valuation Ratios
Industry
Sector
Beta
0.24
--
--
Price to Sales - TTM
--
2.92
4.27
Price to Book - most recent quarter
2.45
1.76
1.87
Price to Cash Flow per share - TTM
20.58
8.81
8.88
Price to Free Cash Flow per share - TTM
16.04
28.90
18.20
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Sep 15, 2023 | 1,120 | -1,178 |
| Aug 31, 2023 | 2,298 | 178 |
| Aug 15, 2023 | 2,120 | -500 |
Business Summary
| Sector: Basic Materials | Industry: Gold |
Xtra-Gold Resources Corp. is a gold exploration company. The Company has one reportable segment, being the exploration and development of resource properties. The Company has land position in prospective Kibi Greenstone Belt (Kibi Gold Belt), which represents the last greenstone belt to be drilled and developed in Ghana. The Company holds the mineral rights to five concessions (the Concessions) totaling 226 square kilometers (55,095 acres) within the Kibi Gold Belt, a Birimian greenstone belt geologically analogous to the neighboring Ashanti Gold Belt with 140 million ounces of gold reserves. Its Kwabeng project is located on the Kwabeng concession. Its Pameng project is located on the Pameng concession. Its Banso project is located on the Banso concession. Its Muoso project is located on the Muoso concession. Its subsidiaries include Xtra-Gold Exploration Limited and Xtra Oil & Gas.
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