Goldsource Mines Inc.

Goldsource Mines Inc.

GXSFF
Goldsource Mines Inc.US flagOther OTC
0.51
USD
+0.01
- -
31.41MMarket Cap
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-1.44
-0.42
-6
-1.64
-0.16
-0.28
-0.36
-0.22
-0.18
-0.23
-0.25
-0.2
-0.12
-0.08
Free Cash Flow per Basic Share
-0.19
-1.06
-0.43
-0.19
-0.32
-0.55
-0.4
-0.18
-0.13
-0.18
-0.18
-0.18
-0.11
-0.08
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-7.95
-6.92
-12.24
-12.65
-4.92
-3.11
-3.3
0.28
0.18
0.19
0.11
0.16
0.03
0.03
Tangible Book Value per Share
9.07
8.53
1.71
0.18
1.92
0.88
0.72
0.66
0.49
0.41
0.3
0.32
0.19
0.17
Basic Weighted Avg Shares
2
2
3
3
7
13
13
16
21
29
37
48
52
56
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
1
1
1
1
1
- -
- -
- -
Net Income, GAAP
-3
-1
-16
-4
-1
-4
-5
-4
-4
-7
-9
-10
-6
-5
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
1
2
1
- -
7
- -
-2
- -
- -
3
4
8
3
3
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
18
21
5
- -
14
11
10
11
10
12
11
15
10
10
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
-89.43
-144.64
-190.88
-161.61
-129.16
-186.78

Capital Structure

FRC

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
52
60
60
Market Capitalization
20
17
12

Working Capital

FRC

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
2
4
3
Cash, Cash Equivalents & STI
2
3
2
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
264.61%
1.64%
-36.26%
Free Cash Flow
53.45%
21.88%
-34.23%
Net Income, GAAP
16.75%
17.3%
-35.79%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.04
-0.03
-0.02
- -
-0.12
2023
-0.02
-0.02
-0.01
-0.02
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Stephen Parsons
Sector
Basic Materials
Industry
Gold
Address
570 Granville Street Vancouver BC Canada V6C 3P1
IPO Date
Feb 13, 2009
Business
Goldsource Mines Inc. (Ticker: GXSFF) operates as a Canada-based mineral exploration and development company focused on advancing gold projects in Guyana, South America; its principal asset is the 100%-owned Eagle Mountain Gold Project, an advanced-stage exploration property covering approximately 5,050 hectares in the mineral-rich Guiana Shield region, featuring opencast resources with high-grade quartz veins, disseminated gold mineralization along multiple vein systems over several kilometers of strike length, and ongoing drilling to expand resources and test deeper targets, complemented by metallurgical studies, engineering evaluations, and community engagement programs. Founded in 1983 and headquartered in Vancouver, British Columbia, the company targets gold deposits through acquisition, exploration, evaluation, and development activities, primarily serving mining industry stakeholders with interests held via permits and joint ventures under Guyana's supportive policies. In July 2024, Goldsource Mines Inc. was acquired by Mako Mining Corp. (TSXV: MKO) through a court-approved plan of arrangement, whereby Mako issued 0.22 common shares for each Goldsource share, resulting in Mako gaining full ownership of the Eagle Mountain project and integrating it into its portfolio alongside the high-grade San Albino gold mine in Nicaragua; post-acquisition, Goldsource shares were delisted from the TSX Venture Exchange, the company ceased to be a reporting issuer under Canadian securities laws, and Mako announced leadership transitions including Eric Fier as Non-executive Chairman and Akiba Leisman continuing as CEO, with further management changes planned.

Company News

APIChatGPT
  • Mako Mining Acquires Goldsource Mines

  • Mako Mining Acquires Goldsource Mines

  • Goldsource Securityholders Approve Arrangement with Mako Mining Corp.

  • Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend Goldsource Shareholders Vote FOR the Arrangement Resolution with Mako Mining Corp.

  • Goldsource Announces One-Week Postponement of Special Meeting of Securityholders

  • Managed Gold Fund Holdings and Attribution Analysis - May 2024

  • Goldsource Announces Filing of Management Information Circular for Special Meeting of Securityholders to Approve the Arrangement with Mako Mining Corp.

  • Mako Mining to Acquire Goldsource Mines Creating a Scalable Diversified Gold Producer with a Platform for Growth

  • Mako Mining to Acquire Goldsource Mines Creating a Scalable Diversified Gold Producer with a Platform for Growth

  • Goldsource Announces Filing of NI 43-101 Technical Report for the Eagle Mountain Gold Project

  • Goldsource Announces Positive Preliminary Economic Assessment for the Eagle Mountain Gold Project; After-Tax IRR of 57% and NPV5% of US$292 Million

  • Goldsource Provides Update on Upcoming Preliminary Economic Assessment and Comments on the Border Controversy Between Guyana and Venezuela

  • Goldsource Announces Stock Option Grant

  • Goldsource Provides Update on Engineering and Exploration Activities for Eagle Mountain; Drilling Intersects 9.1 m (ETW) Grading 4.41 gpt at the Soca Prospect

  • Goldsource Announces Stock Option Grant

  • Goldsource Announces Stock Option Grant and Appointment of Kimberly Newsome as Vice President, Finance

  • Goldsource Announces Additional Drill Results at Eagle Mountain Including 24.0 Metres (ETW) Grading 3.87 gpt Gold; Infill Program Substantially Complete, Resource Update on Track

  • Goldsource Announces Additional Drill Results at Eagle Mountain; 5.3 metres (ETW) Grading 15.73 gpt Gold and 16.0 metres (ETW) grading 1.44 gpt Gold from Surface

  • Goldsource Announces Additional Drill Results at Eagle Mountain; 20 metres (ETW) Grading 2.61 gpt Gold from Surface and 3.5 metres (ETW) Grading 18.14 gpt Gold at the Toucan Prospect

  • Goldsource Announces Filing of NI 43-101 Technical Report for the Eagle Mountain Project