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Kalo Gold Holdings
(KALO)
Kalo Gold Holdings (KALO) vs. S&P 500 (SPY)
Kalo Gold Holdings Business Overview & Revenue Model
Kalo Gold Holdings Financial Statement Overview
| Breakdown | |||||
| TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -35.44K | 0.00 | -36.15K | -26.20K | -10.89K | -3.12K | EBIT |
| -1.67M | ― | -3.02M | -2.71M | -4.40M | -483.77K | EBITDA |
| -1.65M | ― | -3.02M | -2.70M | -3.63M | -480.65K | Net Income Common Stockholders |
| -2.12M | ― | -3.50M | -2.72M | -5.87M | -483.06K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 798.34K | 1.19M | 453.47K | 70.61K | 420.99K | 257.75K | Total Assets |
| 1.37M | 1.45M | 1.19M | 454.69K | 680.37K | 308.70K | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -798.34K | -1.19M | -453.47K | -70.61K | -420.99K | -257.75K | Total Liabilities |
| 435.04K | 524.84K | 651.63K | 750.20K | 179.30K | 333.70K | Stockholders Equity |
| 938.86K | 925.34K | 537.55K | -295.52K | 501.06K | -25.00K |
| Cash Flow | Free Cash Flow | ||||
| -1.14M | -796.89K | -1.60M | -2.21M | -2.89M | -194.64K | Operating Cash Flow |
| -1.13M | -796.89K | -1.57M | -2.10M | -2.83M | -187.08K | Investing Cash Flow |
| 0.00 | 90.40K | -25.93K | -97.44K | 2.85M | 186.82K | Financing Cash Flow |
| 1.45M | 1.45M | 2.03M | 1.85M | 112.42K | 49.30K |
Kalo Gold Holdings Technical Analysis
Kalo Gold Holdings Peers Comparison
Kalo Gold Holdings Corporate Events
Kalo Gold Corp. has announced an increase in its non-brokered private placement from $2 million to $4.52 million due to significant market demand. The funds will be used for a diamond drilling program at the Vatu Aurum Project in Fiji, focusing on the Namalau Trend and other targets, as well as for general working capital and marketing purposes. This expansion could enhance Kalo Gold’s exploration capabilities and potentially strengthen its position in the gold exploration industry.
Spark’s Take on TSE:KALO Stock
According to Spark, TipRanks’ AI Analyst, TSE:KALO is a Neutral.
Kalo Gold Holdings faces substantial financial obstacles, primarily due to lack of revenue and negative cash flows, which significantly weigh down its score. However, promising corporate developments in exploration projects present potential upside. The technical analysis indicates short-term stability, but the valuation remains problematic due to unprofitability. Overall, the company’s future heavily relies on successful exploration outcomes.
To see Spark’s full report on TSE:KALO stock, click here.
Kalo Gold Corp. has announced the renewal of its Special Prospecting Licence (SPL) 1511 for three years, allowing continued exploration at the Coqeloa site in Fiji. The site has been reclassified as a high-priority, vertically preserved epithermal gold target, thanks to recent reinterpretations of legacy data and insights from other Pacific Rim gold systems. This reclassification, achieved without additional field costs, positions Coqeloa as a promising exploration target, potentially leading to significant gold discoveries, and underscores Kalo Gold’s strategic focus on leveraging existing data to enhance its exploration efforts.
Spark’s Take on TSE:KALO Stock
According to Spark, TipRanks’ AI Analyst, TSE:KALO is a Neutral.
Kalo Gold Holdings faces significant financial challenges, including negative profitability and cash flow issues, which weigh heavily on the overall stock score. However, positive technical indicators and promising corporate developments related to exploration projects provide a speculative upside. The stock’s valuation remains challenged, but recent strategic moves and potential gold discoveries offer a glimmer of hope for future growth.
To see Spark’s full report on TSE:KALO stock, click here.
Kalo Gold Corp. has announced a non-brokered private placement of up to 40 million units at $0.05 per unit, aiming to raise $2 million. The funds will be used for a diamond drilling program at the Vatu Aurum Project in Fiji, targeting high-priority zones and advancing other exploration targets. The offering is subject to TSXV approval and includes a four-month hold period for the units. The company has appointed 3L Capital Inc. as a financial adviser for the transaction, with plans to use the proceeds for drilling, general working capital, and marketing.
Kalo Gold Corp. has announced a significant exploration and operational update for its Vatu Aurum Gold Project in Fiji, highlighting a 9,000-meter diamond drilling program set to commence in April 2025. The company aims to explore high-priority zones along the Namalau Trend and expand to other areas as new data emerges. This initiative is part of Kalo Gold’s strategy to realize the potential of a vertically intact epithermal gold system, which could position the company as a major player in the gold mining sector. Additionally, Kalo Gold has engaged Velocity Trade Capital Ltd. to provide market liquidity services, aiming to reduce trading volatility and improve share liquidity, reflecting a strategic move to enhance investor confidence and market presence.
Kalo Gold Corp. has identified 25 high-priority gold targets within the Aurum Epithermal Field of the Vatu Aurum Project in Fiji, highlighting the project’s district-scale potential. The integration of 12,079 soil samples with historical data has led to a new geological model, confirming significant mineralized corridors and setting the stage for a multi-phase exploration program in 2025, which includes trenching, soil sampling, geological mapping, and drilling.
Kalo Gold Corp. has announced the identification of three distinct gold depositional environments at its Vatu Aurum Project in Fiji, including the newly discovered Namalau Trend and the Qiriyaga Complex. This discovery, based on extensive historical data analysis, highlights the project’s district-scale potential and includes plans for an upcoming drill program targeting high-priority areas to confirm and expand gold mineralization.
Kalo Gold Corp. has announced promising results from its Vatu Aurum Project in Fiji, revealing a significant epithermal gold system within the Namalau Trend. The geological and geochemical features identified are comparable to major Pacific Rim gold deposits, suggesting a substantial district-scale gold target. The findings include gold values up to 2.06 grams per tonne and favorable geochemical signatures, indicating the presence of a potentially valuable gold-bearing system. This development positions Kalo Gold as a notable player in the Pacific Rim gold exploration sector and may have significant implications for stakeholders as further exploration could confirm the economic viability of these targets.