Golconda Gold (GG) Stock Forecast, Price & News

Golconda Gold's stock was trading at C$0.31 at the beginning of 2023. Since then, GG shares have decreased by 58.1% and is now trading at C$0.13.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023.
View our GG earnings forecast.

Golconda Gold Ltd. (CVE:GG) issued its quarterly earnings results on Wednesday, August, 23rd. The company reported ($0.01) earnings per share (EPS) for the quarter. The company earned $3.34 million during the quarter. Golconda Gold had a negative net margin of 39.70% and a negative trailing twelve-month return on equity of 11.23%.

Golconda Gold (CVE:GG) pays an annual dividend of C$0.08 per share and currently has a dividend yield of 0.00%.

Golconda Gold shares reverse split on the morning of Monday, October 24th 2022. The 1-5 reverse split was announced on Monday, October 24th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, October 24th 2022. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Golconda Gold investors own include Kirkland Lake Gold (KL), Cardiff Oncology (TROV), Aurora Cannabis (ACB), Hecla Mining (HL), Harmony Gold Mining (HMY), Organigram (OGI), Energous (WATT), American Airlines Group (AAL) and Alibaba Group (BABA).

Golconda Gold trades on the Canadian Venture Exchange (CVE) under the ticker symbol "GG."

Shares of GG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of GG stock can currently be purchased for approximately C$0.13.

Golconda Gold (CVE:GG) has a market capitalization of C$9.27 million and generates C$9.59 million in revenue each year. The company earns C$-3,810,000.00 in net income (profit) each year or C($0.08) on an earnings per share basis.

The company employs 210 workers across the globe.

Golconda Gold's mailing address is 181 Bay St Suite 1800, TORONTO, ON M5J 2T9, Canada. The official website for the company is www.galanegold.com. The company can be reached via phone at +1-416-9072026.