Sanu Gold Corp (SANU) Financials
CSE: SANU · Gold · Exploration stage
- Market cap$76.8M
- Share price$0.200
- 52-week range$0.190 – $0.345
- Shares outstanding384,178,038
- ExchangeCSE
- Properties3
- Websitesanugoldcorp.com
Located within the Siguiri Basin, a world class gold district that is host to several operating mines and major new discoveries, Sanu Gold is exploring three high quality gold exploration permits in Guinea, West Africa. The Company has defined multi-kilometer long gold-bearing structures on each of the gold exploration permits, with multiple high-value drill targets and is targeting multi-million ounce gold discoveries. Sanu is operated by a highly experienced team, with successful records of discovery, resource development and mine permitting.
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Sanu Gold Corp financial statements
Key figures read from 13 of 14 financial statement filings, Nov 29, 2022 to Oct 26, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | |
|---|---|---|---|---|
| Cash and equivalents | C$17,097,338 | C$7,937,174 | C$150,524 | C$832,391 |
| Total current assets | C$17,820,581* | C$25,958,582* | C$167,578* | C$879,331* |
| Exploration and evaluation assets | C$2,479,021 | C$2,479,021 | C$10,690,780 | C$8,116,860 |
| Property, plant and equipment | C$745,289 | C$760,670 | C$762,776 | C$746,388 |
| Total assets | C$21,044,891 | C$29,198,273 | C$11,621,134 | C$9,742,579 |
| Debt | — | — | C$176,390 | C$0 |
| Total liabilities | C$797,100 | C$478,243 | C$831,201 | C$568,510 |
| Shareholders' equity | C$20,247,791 | C$28,720,030 | C$10,789,933 | C$9,174,069 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jun 2026 | FY Jun 2025 | FY Jun 2024 | FY Jun 2023 | |
|---|---|---|---|---|
| Exploration and evaluation expense | C$7,936,815 | C$6,238,714 | — | — |
| General and administrative | C$2,094,671 | C$1,039,318 | C$1,079,078 | C$1,836,959 |
| Share-based compensation | C$2,604,140 | C$953,837 | C$189,532 | C$449,203 |
| Net income (loss) | (C$11,445,879) | (C$1,911,488) | (C$1,906,684) | (C$2,885,305) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jun 2026 | FY Jun 2025 | FY Jun 2024 | FY Jun 2023 | |
|---|---|---|---|---|
| Operating cash flow | (C$10,635,328) | (C$7,883,421) | (C$1,490,598) | (C$3,718,860) |
| Investing cash flow | C$19,425,992 | (C$3,614,319) | (C$2,699,285) | (C$1,689,074) |
| Financing cash flow | C$369,500 | C$19,284,390 | C$3,508,016 | C$2,924,982 |
| Exploration spending (capitalized) | — | — | (C$2,648,701) | (C$2,408,060) |
| Property, plant and equipment spending | (C$49,253) | (C$114,319) | — | — |
| Proceeds from share issues | C$0 | C$19,275,390 | C$3,333,016 | C$2,924,982 |
| Change in cash | C$9,160,164 | C$7,786,650 | (C$681,867) | (C$2,482,952) |
| Cash at end of period | C$17,097,338 | C$7,937,174 | C$150,524 | C$832,391 |
Sanu Gold Corp financings
3 financings announced or closed by Sanu Gold Corp, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-03-25 | Sanu Gold Corp (SANU) | Private placement, non-brokered | Closed, 1 tranche | $12.0M | $0.280 | Sanu Gold Announces $10 Million Private Placement Led by Montage Gold & the Lundin Family |
| 2024-12-02 | Sanu Gold Corp (SANU) | Private placement, non-brokered | Closed, 1 tranche | $5.5M | $0.072 | Sanu Gold Announces Strategic Partnership with Montage Gold & Strategic Investment by the Lundin Family |
| 2024-09-06 | Sanu Gold Corp (SANU) | Private placement, non-brokered | Closed, 1 tranche | $5.0M | $0.050 | Sanu Gold Announces $5 Million Private Placement Led by AngloGold Ashanti and Capital Limited |