GFG Resources Inc. (V:GFG)
Business Focus: Gold Mining
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Insider Filings
Latest 10 SEDI filings for GFG within the last 6 months
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Company News
Apr 19, 2024 17:06 ET
GFG Closes Private Placement Financing
GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) has closed its private placement financing (the “Offering”) (see news release dated February 23, 2024) for gross proceeds of C$2,505,866. In connection with the Offering, Alamos...
Apr 16, 2024 17:45 ET
GFG Issues Shares to IEP Pursuant to WWCC Gold Property Option Agreement
GFG Resources Inc. (TSX-V: GFG) (OTCQB:GFGSF) (“GFG” or the “Company”) announces that it has issued shares pursuant to the previously announced option agreement (the “Agreement”) with International Explorers and Prospectors Inc. (“IEP”) whereby GFG...
Valuation Ratios
Industry
Sector
Beta
2.32
--
--
Price to Sales - TTM
--
3.76
4.52
Price to Book - most recent quarter
0.53
2.12
1.99
Price to Cash Flow per share - TTM
--
10.56
9.61
Price to Free Cash Flow per share - TTM
--
26.50
19.38
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 19,854 | 19,550 |
| Mar 31, 2024 | 304 | -57 |
| Mar 15, 2024 | 361 | -575 |
Business Summary
| Sector: Basic Materials | Industry: Gold |
GFG Resources Inc. is a Canada-based precious metals exploration company. The principal business of the Company is to acquire, explore and develop interests in exploration and evaluation assets. The Company is focused on two prospective gold assets in tier one mining jurisdictions, Ontario and Wyoming. The Company operates three gold projects in Ontario, within the prolific gold district of Timmins, Ontario, Canada. The Montclerg Gold Project is located approximately 48 kilometers (km) east of Timmins, Ontario. The Pen Gold Project is located 50 km southwest of the prolific gold district and town of Timmins, Ontario. The Dore Gold Project is located approximately 40 km east of Newmont's Borden Gold Mine and 30 km northwest of IAMGOLD's Cote Lake gold project in Ontario. It also owns 100% of the Rattlesnake Hills Gold Project located in Central Wyoming approximately 100 km southwest of Casper on the western side of Natrona County. It comprises of 1,573 unpatented lode mining claims.
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