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Sixty North Gold Mining (2F40) Stock Price & Analysis

2F40 Stock Chart & Stats

€0.05-€0.01(-20.00%)
At close: 5:30 PM GMT+1
EUR 0.06EUR 0.08EUR 0.1EUR 0.1223 Jul31 Jul6 Aug3 Sep30 Sep
Day’s Range
EUR 0.05 - EUR 0.06
52-Week Range
EUR 0.05 - EUR 0.26
Previous Close
EUR 0.07
Volume
0
Average Volume (3M)
100
Market Cap
EUR 5.55M
Enterprise Value
EUR 10.19M
Total Cash (Recent Filing)
EUR 1.84M
Total Debt (Recent Filing)
EUR 1.90M
Price to Earnings (P/E)
―
Beta
-0.14
Next Earnings
Feb 19, 2027 (Est.)
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Modest Leverage

The relatively low debt-to-equity ratio provides a financial cushion compared with a highly leveraged exploration company. Limited leverage can preserve flexibility to fund property advancement and absorb operating volatility, although continued losses could weaken that advantage over time.

Growing Equity Base

The expansion of the equity base provides a larger balance-sheet cushion for an exploration and development business. This can support continued mineral-property work and reduce immediate dependence on debt, though the benefit is tempered by negative returns and ongoing losses.

Focused Gold Exploration Strategy

A concentrated focus on gold exploration and development gives the company a defined strategic direction rather than a broadly diversified portfolio. Advancing a primary project may help direct limited resources efficiently, though the pack does not show revenue or production from the asset.

Bears Say

No Reported Revenue

The absence of reported revenue over multiple fiscal periods indicates that the company has not yet established a producing or revenue-generating operating model. This limits operating leverage, leaves performance dependent on financing and exploration progress, and delays internally funded growth.

Persistent Worsening Losses

Persistent losses, including a substantial increase in the TTM period, indicate weak earnings quality and limited evidence of a path toward sustainable profitability. Continued losses can erode the equity cushion, constrain investment in exploration, and increase reliance on future capital.

Negative Cash Generation

Negative operating and free cash flow show that the company is not currently self-funding its activities. A recurring cash deficit creates continued financing needs and can force difficult choices between advancing mineral properties, controlling overhead, and preserving balance-sheet liquidity.

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 €0.05 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 €5.55M.
When is Sixty North Gold Mining’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
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?
Not enough analysts have published a price target to calculate whether the price is overvalued.
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