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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
Equity Buffer And Moderate LeverageThe company retains a meaningful equity cushion relative to its asset base, while current leverage remains moderate. This provides some financial resilience and may preserve flexibility to advance exploration, although rising debt and ongoing losses could gradually reduce that buffer.
Potential Road-related Cost SavingsIf implemented, improved road access could reduce reliance on winter roads, lower operating and logistics costs, and reduce the inventory required on site. These changes could improve the economics and practical development prospects of the Mon Gold Project over multiple periods.
Focused Gold Exploration Asset BaseA defined focus on gold exploration and advancement of mineral properties gives the company a clear strategic direction rather than a diversified set of unrelated activities. Progress at the Mon Gold Project could therefore concentrate capital and management effort on a central development opportunity.
Bears Say
No Reported RevenueZero reported revenue indicates that the company has not yet established an operating sales base to support its activities. Without recurring revenue, future progress depends heavily on exploration outcomes, asset advancement, and access to external funding rather than internally generated business income.
Persistent And Worsening LossesPersistent net and operating losses show that current activities are not generating sufficient earnings to cover costs. Continued losses can erode equity over time, weaken returns for shareholders, and increase the financing required to maintain exploration and advance the company’s projects.
Negative Operating And Free Cash FlowOngoing negative operating and free cash flow means the company is consuming cash rather than funding its activities internally. This creates continuing reliance on external funding and leaves less financial flexibility to sustain exploration, absorb setbacks, or advance projects without dilution or added debt.

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 €0.03 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 €7.17M.
      When is Sixty North Gold Mining’s upcoming earnings report date?
      Sixty North Gold Mining’s upcoming earnings report date is Sep 24, 2026 which is in 13 days.
        How were Sixty North Gold Mining’s earnings last quarter?
        Sixty North Gold Mining released its earnings results on Jun 27, 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 76,792,840 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 up 5.844%.
                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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