Soma Gold Corp. (V:SOMA)
Business Focus: Gold Mining
Mostly sunny as of May 01, 2024
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Insider Filings
Latest 10 SEDI filings for SOMA within the last 6 months
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Company News
Apr 30, 2024 05:00 ET
SOMA GOLD REPORTS YEAR-END FINANCIAL RESULTS AND OPERATING HIGHLIGHTS
A record 32,340 AuEq ounces were produced in 2023 – a 40% increase from the previous year. Q4-2024 AuEq production was up 25% to 7,234 ounces.Revenue for the year rose by 53% to $81.1 million. Income for 2023 reached $2.8 million, compared to $0.3 million in 2022. Q4-2024 revenue climbed 46% to $19.4 million.Adjusted EBITDA(1) reached $31.8 million, an 83% increase over the previous year. For Q4-2024, Adjusted EBITDA(1) of $5.1 million was 116% higher than Q4 of 2022. Total cash costs per ounce of gold sold(1) for 2023 was US$983, slightly lower than the US$1,002 reported in the previous yea
Apr 04, 2024 06:20 ET
SOMA ANNOUNCES GOLD PRODUCTION FOR Q1 2024 OF 7,335 AUEQ, AN 8% INCREASE FROM 2023
The Company also announces a change to the mining method at Cordero Mine
Valuation Ratios
Industry
Sector
Beta
2.20
--
--
Price to Sales - TTM
0.61
3.93
4.62
Price to Book - most recent quarter
3.49
2.09
2.07
Price to Cash Flow per share - TTM
3.67
9.93
9.64
Price to Free Cash Flow per share - TTM
14.27
27.57
20.28
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 30, 2024 | 14,356 | 7,808 |
| Apr 15, 2024 | 6,548 | -4,234 |
| Mar 31, 2024 | 10,782 | -2,093 |
Business Summary
| Sector: Basic Materials | Industry: Gold |
Soma Gold Corp. is a Canada-based mining company. The Company is focused on gold production and exploration. It is engaged in the business of acquiring, exploring, developing, and operating mining properties in South America. It owns two adjacent mining properties in Antioquia, Colombia with a combined milling capacity of 675 tpd. The Company's principal operation is the El Bagre Gold Mining Complex (El Bagre), which consists of an operating gold processing plant (the El Bagre Mill) and the Cordero underground mine. The El Limon Project (El Limon) is adjacent to the El Bagre Project and includes a past producing underground mine and a gold processing plant with a capacity of approximately 225 tpd. The Company also owns an exploration property, Tucuma Exploration Project (Tucuma) copper/gold exploration project, which is located in the Carajas metallogenic province in the State of Para, Brazil.
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