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Rua Gold
(OTC:RUA)
Rua Gold (RUA) vs. S&P 500 (SPY)
Rua Gold Business Overview & Revenue Model
Rua Gold Financial Statement Overview
| Breakdown | ||||
| Dec 2023 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
| -1.98M | -2.38M | -1.08M | -108.46K | -256.22K | EBITDA |
| -1.98M | -2.38M | -1.08M | -108.46K | -256.22K | Net Income Common Stockholders |
| -1.96M | -4.45M | -2.20M | -146.00K | -256.25K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| ― | ― | 9.15M | 1.63K | 22.45K | Total Assets |
| ― | ― | 12.17M | 11.36K | 28.04K | Total Debt |
| 805.00 | 22.07K | 20.99K | 24.88K | 23.07K | Net Debt |
| ― | 20.93K | -6.58M | 23.25K | 622.00 | Total Liabilities |
| ― | ― | 121.22K | 70.12K | 91.84K | Stockholders Equity |
| ― | ― | 12.04M | -58.76K | -63.80K |
| Cash Flow | Free Cash Flow | |||
| ― | ― | -1.04M | -20.82K | -212.17K | Operating Cash Flow |
| ― | ― | -1.04M | -20.82K | -212.17K | Investing Cash Flow |
| ― | ― | -4.48M | 0.00 | 0.00 | Financing Cash Flow |
| 805.00 | ― | 12.11M | 0.00 | 23.00K |
Rua Gold Technical Analysis
Rua Gold Peers Comparison
Rua Gold Corporate Events
Rua Gold Inc. has announced the discovery of two major gold-bearing structures on its Glamorgan project in New Zealand. This development, following the first phase of surface exploration, has resulted in the tripling of its land package. The findings suggest a substantial epithermal gold system, enhancing the company’s exploration potential and positioning it strategically near existing major gold deposits. The commencement of CSAMT ground geophysics and plans for targeted diamond drilling underscore the project’s significance and potential impact on Rua Gold’s operations.
Rua Gold Inc. has reported significant findings from its drilling campaign at the Reefton Project in New Zealand, where visible gold and antimony have been intersected at the Murray Creek site. The results demonstrate a vertical continuity of high-grade gold mineralization, with assays showing gold ranging from 11.1 to 34.1 g/t and antimony potential with 1.35% stibnite recorded. The introduction of Devico Navi-drilling is enhancing the precision and cost-effectiveness of resource definition. These promising outcomes suggest potential for early development opportunities and strengthen Rua Gold’s position in the gold mining industry.
Rua Gold Inc. has announced the use of VRIFY AI technology to enhance and prioritize its drilling targets in the Cumberland gold camp, part of the Reefton Goldfield. This strategic move aims to capitalize on exceptional historic drill intercepts, such as GAL001, to accelerate exploration efforts. The company plans to initiate drilling by the end of January, expanding their 2025 exploration program, which could potentially strengthen their market position by increasing gold production and attracting stakeholder interest.
Rua Gold has granted over 1.7 million stock options to its team and 219,405 deferred share units to its non-executive directors, aligning incentives with future company performance. The company’s strategic focus on high-grade gold projects in New Zealand highlights its dominant position in the Reefton Gold District and the promising Glamorgan Project.
Rua Gold Inc. is set to consolidate its shares on a six-to-one basis effective December 6, 2024, streamlining its stock structure without changing the company name. With approximately 53.6 million shares post-consolidation, Rua Gold continues to focus on high-grade gold projects in New Zealand, aiming to capitalize on its strategic holdings in the Reefton Gold District and the Glamorgan Project.
Rua Gold Inc. plans a share consolidation to enhance its financial flexibility for potential financing and acquisitions. The company, focused on gold exploration in New Zealand, is poised to control a significant portion of the Reefton Goldfield. Rua Gold combines traditional and modern techniques in pursuit of sustainable and responsible mineral exploration.
Rua Gold has completed the acquisition of Siren Gold’s Reefton assets, securing over 95% of the Reefton Goldfield and positioning itself as the leading explorer in the region. This strategic move allows Rua Gold to develop a scalable mining operation in a historically productive area, with immediate drilling set to commence on promising targets.