G2 Goldfields Inc.

G2 Goldfields Inc.

GUYGF
G2 Goldfields Inc.US flagOther OTC
6.46
USD
-0.40
- -
1.67BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
0.01
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-3.25
-1.51
0.04
-0.04
-0.03
-0.02
-0.02
-0.01
-0.11
-0.02
-0.03
-0.02
- -
-0.05
Free Cash Flow per Basic Share
-1.3
-0.32
-0.14
-0.04
-0.03
-0.05
-0.04
-0.05
-0.05
-0.05
-0.07
-0.01
- -
-0.09
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-5.07
-1.14
-1.09
-1.14
0.04
0.04
0.05
0.13
0.04
0.06
0.18
0.25
- -
0.35
Tangible Book Value per Share
1.67
0.17
0.08
0.04
0.26
0.22
0.2
0.22
0.11
0.13
0.25
0.32
- -
0.44
Basic Weighted Avg Shares
5
5
5
5
27
39
55
88
121
134
165
193
- -
233
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
-242.59
-692.52
-636.77
-1,327.88
-709.58
-1,948
-1,948
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-15
-7
- -
- -
-1
-1
-1
-1
-13
-2
-4
-3
-11
-11
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
-243.76
-2,960.04
-636.69
-1,402.63
-583.83
-1,737.66
-1,737.66
Working Capital
2
- -
- -
- -
- -
- -
- -
- -
1
1
14
14
23
23
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
8
1
- -
- -
7
8
11
20
13
17
41
62
102
102
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
-4
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
-49.06
-46.89
-17.09
-164.2
-35.15
-23.07
-7.82
-16.68
-16.58

Capital Structure

FRC

in mil. unless spec.
Aug'25
Nov'25
May'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
239
239
240
Market Capitalization
285
476
723

Working Capital

FRC

in mil. unless spec.
Aug'25
Nov'25
May'25
Total Current Assets
52
42
25
Cash, Cash Equivalents & STI
51
42
24
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
5
5
2
Payables & Accruals
5
5
2
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
437.59%
51.36%
66.31%
Free Cash Flow
94.17%
65.01%
302.56%
Net Income, GAAP
134.51%
241.3%
253.07%
Sales/Revenue/Turnover
- -
9.01%
18.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
1
2026
- -
1
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-0.02
2025
-0.01
-0.01
-0.02
- -
- -
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Daniel Joseph Noone
Full Time Employees
57
Sector
Basic Materials
Industry
Gold
Address
141 Adelaide Street West Toronto ON Canada M5H 3L5
IPO Date
Jan 8, 2021
Business
G2 Goldfields Inc. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold properties in Guyana and Canada. The company holds a 100% interest in the flagship Oko-Aremu District project, encompassing over 105,000 acres in Guyana's Cuyuni Mining District; this includes the high-grade Oko Main Zone with near-surface zones grading approximately 9 g/t gold, the bulk-tonnage Ghanie Zone, Oko Northwest Zone and recent surface discoveries along a 20-plus kilometer mineralized trend hosting orogenic gold in shear zones, breccias and quartz veins within metamorphosed sediments and volcanics. Operations target mid-scale miners and institutional investors in the precious metals sector, with principal activities in Guyana adjacent to G Mining Ventures' Oko West project and additional exploration assets in Canada. Founded in 2009 and headquartered in Toronto, Ontario, G2 Goldfields employs advanced drilling, soil sampling and geological modeling to delineate resources. In March 2025, the company announced an updated mineral resource estimate increasing indicated gold resources to 1.5 million ounces and inferred resources to 1.6 million ounces at Oko-Ghanie; recent developments include a C$49.5 million private placement closed in September 2025, a planned spin-out of non-core assets including historic producers into G3 Goldfields Inc. with management information circular filed in November 2025, ongoing 35,000-meter deep drilling program at Oko, new surface gold discoveries with intercepts such as 51.4 meters at 5.3 g/t gold, receipt of large-scale prospecting licenses in August 2025 and an anticipated updated mineral resource estimate and preliminary economic assessment in late 2025.

Company News

APIChat
  • G2 Goldfields Announces Filing and Mailing of Meeting Materials in Connection With the Acquisition by G Mining Ventures and Spin-Out With G3 Goldfields

  • G2 Goldfields Extends High-Grade OKO Resource to Depths of 1km, Intercepts 84.5m @ 3.0 g/t Au

  • G2 Goldfields Inc. (GTWO:CA) M&A Call Transcript

  • Canadian National upgraded by Bank of America on volume gains, attractive valuation

  • G Mining Ventures Announces Uniquely Synergistic Acquisition of G2 Goldfields, Creating a Tier-One Gold Mining Hub in Guyana and One of the Largest, Lowest-Cost Gold Operations in the Americas

  • G Mining Ventures to acquire G2 Goldfields, forming Guyana gold hub

  • Video - CEO Clips: G2 Goldfields Advances High-Grade Gold Project in Guyana

  • G2 Announces New Gold Discoveries Outside Existing Mineral Resources and Provides Corporate Update

  • G2 Goldfields Files Technical Report for PEA and Updated MRE for the High-Grade Oko Gold Project

  • G2 Goldfields Drilling Continues to Expand High-Grade Gold Resource at OKO

  • G2 Goldfields Delivers Maiden PEA for the High-Grade Oko Gold Project

  • G2 Goldfields Announces Voting Results from Its Shareholders Meeting

  • G2 Goldfields Announces Filing of Management Information Circular and Technical Report for Proposed Spin-Out of Non-Core Assets

  • G2 Goldfields Issues Corporate & Exploration Update

  • G2 Goldfields Provides Update on G3 Spin-Out

  • G2 Goldfields Closes C$49.5 Million Private Placement

  • G2 Goldfields Announces C$49.5 Million Private Placement

  • G2 Goldfields Provides Update on G3 Spin-Out and Shareholder Meeting Date

  • G2 Goldfields Receives Notice of Grant of Large Scale Prospecting Licenses of the Oko Gold Project

  • G2 Drills Best Holes to Date in New OKO Surface Discovery