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Sixty North Gold Mining (DE:2F40)
FRANKFURT:2F40

Sixty North Gold Mining (2F40) Price & Analysis

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2F40 Stock Chart & Stats

€0.08
-€0.04(-33.03%)
At close: 4:00 PM EDT
€0.08
-€0.04(-33.03%)

Bulls Say, Bears Say

Bulls Say
Modest LeverageThe relatively low debt burden gives Sixty North Gold more financial flexibility than a highly leveraged explorer. Limited reliance on debt can reduce interest and refinancing pressure, helping preserve capacity to fund property advancement if financing conditions remain difficult.
Growing Equity CushionA larger equity base provides some balance-sheet cushion while the company advances its mineral properties. Although equity growth does not resolve operating losses, it may improve resilience and provide a broader capital foundation for exploration and development activities.
Focused Gold Exploration PortfolioA focused mandate in gold exploration and development allows management and technical resources to remain concentrated on mineral-property advancement rather than unrelated businesses. The Mon Gold Project gives the company a defined asset focus for potential future exploration progress.
Bears Say
No Reported RevenueThe absence of reported revenue means the company currently lacks an operating top line to support expenses or demonstrate commercial traction. Until a property reaches production or another revenue source emerges, financial performance remains dependent on capital availability and exploration progress.
Worsening Persistent LossesPersistent losses, with the TTM deficit worsening materially from FY2025, indicate that the current business structure is not yet generating profitable earnings. Continued losses can erode capital productivity and increase the amount of external funding needed to sustain exploration activities.
Negative Cash GenerationNegative operating and free cash flow indicate that ongoing activities consume cash rather than self-fund the business. This creates a durable financing requirement for exploration and corporate costs, while continued cash burn could increase dependence on equity or debt issuance.

Sixty North Gold Mining News

2F40 FAQ

What was Sixty North Gold Mining’s price range in the past 12 months?
Sixty North Gold Mining lowest stock price was €0.04 and its highest was €0.26 in the past 12 months.
    What is Sixty North Gold Mining’s market cap?
    Sixty North Gold Mining’s market cap is €6.94M.
      When is Sixty North Gold Mining’s upcoming earnings report date?
      Sixty North Gold Mining’s upcoming earnings report date is Feb 19, 2027 which is in 127 days.
        How were Sixty North Gold Mining’s earnings last quarter?
        Sixty North Gold Mining released its earnings results on Sep 28, 2026. The company reported -€0.003 earnings per share for the quarter.
          Is Sixty North Gold Mining overvalued?
          According to Wall Street analysts Sixty North Gold Mining’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Sixty North Gold Mining pay dividends?
            Sixty North Gold Mining does not currently pay dividends.
            What is Sixty North Gold Mining’s EPS estimate?
            Sixty North Gold Mining’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Sixty North Gold Mining have?
            Sixty North Gold Mining has 78,940,970 shares outstanding.
              What happened to Sixty North Gold Mining’s price movement after its last earnings report?
              Sixty North Gold Mining reported an EPS of -€0.003 in its last earnings report. Following the earnings report the stock price went down -2.941%.
                Which hedge fund is a major shareholder of Sixty North Gold Mining?
                Currently, no hedge funds are holding shares in DE:2F40
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Sixty North Gold Mining

                  Sixty North Gold Mining Ltd. is a Canadian company primarily engaged in the acquisition, exploration, and development of natural resource properties, with a significant emphasis on gold. The firm currently holds an option to secure an 80% ownership stake in the Mon Property, which encompasses eleven adjoining mining leases and three mineral claims covering approximately 1,537 acres in the Yellowknife region of the Northwest Territories. Additionally, it boasts full ownership of the Hangstone Property, an area consisting of ten mineral claims totaling 2,102 hectares, also situated within the Northwest Territories. Established in 2016, the company's corporate headquarters are located in Vancouver, Canada.

                  Sixty North Gold Mining (2F40) Earnings & Revenues

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