XTRA-GOLD RESOURCES CORP
XTGRF · Metal Mining · 46.7M shares · EDGAR filings ↗
Net buyback after stock comp: $67K (gross $108K, SBC $41K)
Grade
F38Pre-production Ghana/BC gold explorer with explicit going-concern doubt and roughly one quarter of cash runway.
Strengths
- Strong current/quick ratios (~9.9x) and a sizable gold-bullion/equity portfolio relative to liabilities
- No debt and positive headline pre-tax income from investment gains in recent years
Risks
- Going-concern qualification, no operating revenue, negative ROA/ROE and ~0.9-quarter cash runway
- Stale FY2011 data (>18 months old) and binary exploration/financing risk concentrated in a few projects
Notable findings
- Going concernOur auditors have raised substantial doubts as to our ability to continue as a going concern
Key metrics
Return on equity
22.6%
Return on assets
19.9%
Net-income growth
119.9%
Current ratio
11.0×
Free cash flow
$902K
Tangible book value
$16M
Cash & investments
$11M
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2012-11-15 | Reg FDExhibits | filing ↗ |
| 2012-11-08 | Reg FDExhibits | filing ↗ |
| 2012-06-11 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2012-02-10 | Reg FDExhibits | filing ↗ |
| 2011-06-16 | Exec/director change5.03Shareholder voteExhibits | filing ↗ |
| 2010-12-08 | Reg FDExhibits | filing ↗ |
| 2010-11-24 | Material agreement3.02Reg FDExhibits | filing ↗ |
| 2010-08-13 | Exec/director change | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-03-31 | 2025-12-31 | 0001062993-26-001749 ↗ |
| 20-F | 2025-05-15 | 2024-12-31 | 0001062993-25-009493 ↗ |
| 20-F | 2024-04-25 | 2023-12-31 | 0001062993-24-008783 ↗ |
| 20-F | 2023-03-31 | 2022-12-31 | 0001062993-23-008220 ↗ |
| 20-F | 2022-04-01 | 2021-12-31 | 0001062993-22-009125 ↗ |
| 20-F | 2021-03-31 | 2020-12-31 | 0001062993-21-003175 ↗ |
| 20-F | 2020-03-27 | 2019-12-31 | 0001062993-20-001535 ↗ |
| 20-F | 2019-03-28 | 2018-12-31 | 0001062993-19-001442 ↗ |
| 20-F | 2018-03-29 | 2017-12-31 | 0001062993-18-001411 ↗ |
| 20-F | 2017-03-30 | 2016-12-31 | 0001062993-17-001550 ↗ |
| 20-F | 2016-03-30 | 2015-12-31 | 0001062993-16-008558 ↗ |
| 20-F | 2015-03-31 | 2014-12-31 | 0001062993-15-001671 ↗ |