Goldgroup Mining Inc (GORO) Financings
TSXV: GORO · Gold · Production stage
- Market cap$752.8M
- Share price$4.76
- 52-week range$2.65 – $8.64
- Shares outstanding158,159,598
- ExchangeTSXV
- Websitegoldgroupmining.com
Goldgroup Mining Inc. is a precious-metals producer and growth-oriented mining company with four 100%-owned assets across Mexico and the United States. The Company owns and operates the Don David Gold Mine in Oaxaca, Mexico and the Cerro Prieto Gold Mine in Sonora, Mexico, while advancing the San Francisco Gold Project in Sonora toward a potential production restart and the Back Forty Project in Michigan toward development. Goldgroup's strategy is focused on building a larger-scale intermediate precious-metals producer through a combination of production growth, exploration, mine optimization, project development and disciplined capital allocation. The Company is listed on the TSX Venture Exchange and NYSE American under the symbol 'GORO' and on the Frankfurt Exchange under the symbol '55G.'
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Goldgroup Mining Inc financial statements
Key figures read from 40 of 40 financial statement filings, Nov 10, 2016 to Aug 31, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | US$9,611 | US$366 | US$292 | US$459 | US$948 |
| Total current assets | US$34,008* | US$3,376* | US$5,118* | US$3,024* | US$4,026* |
| Total current liabilities | US$74,322 | US$12,445 | US$13,525 | US$15,823 | US$7,891 |
| Working capital | (US$40,314) | (US$9,069) | (US$8,407) | (US$12,799) | (US$3,865) |
| Exploration and evaluation assets | US$13,946 | US$307 | US$240 | US$788 | US$1,008 |
| Property, plant and equipment | US$20,378 | US$1,386 | US$1,883 | US$2,482 | US$1,385 |
| Total assets | US$71,664 | US$6,215 | US$9,419 | US$15,405 | US$10,872 |
| Debt | — | US$0 | US$100 | US$3,894 | US$1,571 |
| Total liabilities | US$86,829 | US$14,581 | US$15,788 | US$17,971 | US$11,083 |
| Shareholders' equity | (US$15,165) | (US$8,366) | (US$6,369) | (US$2,566) | (US$211) |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Cost of sales | (US$16,997) | (US$17,433) | (US$7,813) | (US$974) | (US$16,249) |
| Exploration and evaluation expense | (US$143) | — | — | — | — |
| General and administrative | (US$1,931) | (US$1,709) | (US$1,764) | (US$1,661) | (US$1,459) |
| Share-based compensation | (US$33) | (US$141) | (US$75) | (US$173) | (US$131) |
| Impairments and write-downs | (US$31,148) | — | — | — | — |
| Net income (loss) | (US$68,380) | (US$2,475) | (US$6,746) | (US$3,053) | (US$1,038) |
Cash flow statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (US$12,912)* | (US$233)* | (US$1,928)* | (US$6,582)* | US$2,239* |
| Investing cash flow | (US$10,901)* | — | US$1,779* | US$3,171* | (US$1,635)* |
| Financing cash flow | US$33,058* | — | (US$18)* | US$2,922* | (US$238)* |
| Exploration spending (capitalized) | — | — | (US$13,643) | (US$16,829) | (US$7,431) |
| Property, plant and equipment spending | (US$3,406) | — | (US$109) | (US$1,506) | (US$548) |
| Change in cash | US$9,245 | US$74 | (US$167) | (US$489) | US$366 |
| Cash at end of period | US$9,611 | US$366 | US$292 | US$459 | US$948 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Goldgroup Mining Inc financings
10 financings announced or closed by Goldgroup Mining Inc, read by Mining News Terminal, newest first.
Goldgroup Mining Inc debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Goldgroup Mining Inc has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2025-01-16 | Loan, closed / funded | — | US$1.5M | — |
| 2024-02-16 | Convertible note / loan, closed / funded | — | US$100,000 | 12%, matures 2025-06-15 |
| 2023-07-28 | Convertible note / loan, converted | — | US$2.16M | — |
| 2023-07-07 | Loan, repaid / settled | — | — | — |
| 2023-06-15 | Loan, repaid / settled | — | US$3M | 12% |
| 2022-12-12 | Convertible note / loan, signed | Calu Opportunity Fund LP | US$2.16M | 6%, matures 2023-12-31 |
| 2022-08-12 | Loan, closed / funded | Sail Natural Resources LP | US$550,000 | 5%, matures 2023-08-10 |
| 2020-06-19 | Loan, proposed | Multiple Banking Institution | US$3M | 12% |
| 2018-10-05 | Loan, repaid / settled | — | US$1.38M | 15%, matures 2016-05-03 |
| 2018-10-05 | Loan, closed / funded | Accendo Banco S.A | US$1.8M | — |
| 2017-08-30 | Credit facility, amended | Credipresto | US$10M | 12% |