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Baru Gold
(BARU)
Baru Gold (BARU) vs. S&P 500 (SPY)
Baru Gold Business Overview & Revenue Model
Baru Gold Financial Statement Overview
| Breakdown | |||||
| TTM | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -42.33K | -124.51K | -124.54K | -27.24K | -27.24K | 0.00 | EBIT |
| -895.75K | -1.87M | -2.01M | -4.01M | -1.07M | -1.37M | EBITDA |
| -1.69M | -2.00M | -1.89M | -4.04M | -1.22M | -1.37M | Net Income Common Stockholders |
| -2.41M | -3.28M | -2.30M | -4.07M | -1.93M | -1.39M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 235.39K | 38.11K | 511.37K | 1.93M | 566.38K | 61.83K | Total Assets |
| 10.06M | 9.40M | 8.20M | 6.55M | 3.27M | 2.12M | Total Debt |
| 2.88M | 1.94M | 1.63M | 10.01K | 200.08K | 90.48K | Net Debt |
| 2.64M | 1.90M | 1.12M | -1.92M | -366.30K | 28.65K | Total Liabilities |
| 8.97M | 6.89M | 3.14M | 1.43M | 2.77M | 2.73M | Stockholders Equity |
| 1.08M | 2.51M | 5.06M | 5.12M | 499.97K | -604.40K |
| Cash Flow | Free Cash Flow | ||||
| -262.46K | -734.14K | -4.86M | -4.82M | -837.45K | -1.14M | Operating Cash Flow |
| -581.88K | -283.43K | -2.30M | -3.22M | -230.81K | -974.21K | Investing Cash Flow |
| 198.44K | -450.71K | -2.56M | -1.59M | -606.64K | -170.57K | Financing Cash Flow |
| 717.79K | 260.88K | 3.44M | 6.18M | 1.34M | 1.14M |
Baru Gold Technical Analysis
Baru Gold Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | C$2.92B | 18.59 | 26.82% | ― | 77.93% | 236.93% | |
56 Neutral | C$5.51B | 247.32 | 1.33% | 0.89% | 1.62% | -232.31% | |
47 Neutral | $2.64B | -3.21 | -21.68% | 3.30% | 4.19% | -30.23% | |
39 Underperform | $318.97M | ― | -76.48% | ― | ― | 41.94% | |
35 Underperform | C$11.68M | ― | -140.34% | ― | ― | 30.15% |
Baru Gold Corporate Events
Baru Gold Corp has announced a re-pricing of its non-brokered private placement to raise up to $1,000,000 through the issuance of 25,000,000 common shares at $0.04 per share. The funds will be used primarily to pay outstanding land use taxes on the Sangihe Gold Project, a necessary step for obtaining an upgrade to Production Operations from the Indonesian Ministry of Energy and Mineral Resources. This move is expected to facilitate future non-dilutive funding opportunities for project development once the upgrade is approved.
Baru Gold Corp has announced a non-binding Letter of Intent for a USD$35,000,000 investment from a Singapore-based family office specializing in mining and real estate. This investment, which would give the investor a 60% equity stake, aims to advance the Sangihe Project into production, pending due diligence and necessary approvals.
Baru Gold Corp. has updated its stakeholders about the status of a Management Cease Trade Order (MCTO) issued by the British Columbia Securities Commission. The order restricts company’s insiders from trading its securities until the filing of the quarterly financial statements for November 2024 is complete. The company has filed its annual financial statements and expects to meet the filing deadline for its quarterly reports, maintaining transparency with bi-weekly updates as required.
Baru Gold Corp has filed a Technical Report and Mineral Resource Estimate for its Sangihe Gold and Silver Project in preparation for production operations. The report, compliant with National Instrument 43-101 standards, reflects a significant macroeconomic shift, including a more than doubling of gold prices, prompting a redesign of production plans. The resource estimate covers a small fraction of the total project area, indicating modest changes in resource categories since 2017, with 114,000 oz of gold and 1.93 Moz of silver in the ‘indicated’ category and 91,000 oz of gold and 1.08 Moz of silver in the ‘inferred’ category.
Baru Gold Corp has submitted the final technical documentation required for transitioning its Sangihe Gold Project in Indonesia from exploration to production operations. The only remaining step for approval is the payment of taxes, after which production can commence, ensuring compliance with Indonesian law and potentially enhancing the company’s operational status and market positioning.
Baru Gold Corp announced an amendment to the terms of its 13,136,799 outstanding common share purchase warrants. The expiry dates of these warrants, originally set for February and March 2025, will be extended to July and August 2025 with an exercise price of $0.10 per warrant. This amendment is subject to the approval of the TSX Venture Exchange, and none of the warrants are held by insiders. This change reflects the company’s strategic financial management and could influence investor interest by providing extended timeframes for warrant exercise.
Baru Gold Corp. has announced an amendment to the terms of its common share purchase warrants. The expiration dates for these warrants, initially set for January and February 2025, have been extended to June and July 2025, respectively, with an exercise price of $0.10 per warrant. The company retains the right to accelerate the expiry date under specific conditions, and the amendments are pending approval from the TSX Venture Exchange.
Baru Gold Corp has appointed Sri Darmawan as the new Chief Operating Officer for its Sangihe Gold Project. With over 30 years of experience in gold mining, Darmawan brings expertise in metallurgy and resource management, as well as a proven track record in working with governmental agencies for permits and sustainable practices. His leadership is expected to enhance the company’s operational efficiency and support its growth initiatives, positioning Baru Gold for a successful expansion phase.
Baru Gold Corp has provided an update regarding the Management Cease Trade Order (MCTO) issued by the British Columbia Securities Commission. The order restricts trading by the company’s officers, board, and insiders, while allowing the public to trade the company’s securities. Baru Gold confirms that all payments to the auditor have been completed and that the preparation of their financial statements for the year ending August 31, 2024, is nearly finished. The company is confident in completing these filings within a month, which would lead to the revocation of the MCTO. They have also committed to issuing bi-weekly updates until the delay is resolved.
Baru Gold Corp., based in Vancouver, has announced that it has received approval for a Management Cease Trade Order (MCTO) from the British Columbia Securities Commission. This approval was necessary because the company could not meet the deadline to file its audited annual financial statement and MD&A for the period ending August 31, 2024. The delay is due to the need for additional time to secure capital for the audit. As a result, certain company executives and insiders are restricted from trading shares until the filings are completed. The company aims to complete the filings by February 28, 2025, and will provide bi-weekly updates as required.