HighGold Mining Inc.

    HighGold Mining Inc.

    TTSXV:HIGH
    - -
    CAD
    - -
    - -

    Share Statistics

    As of March 31, 2023, HighGold Mining Inc. has 73.37M shares outstanding.

    Shares Outstanding73.37M

    Valuation Ratios

    These figures are as of March 31, 2023.

    PB Ratio0.89
    P/TBV Ratio0.84
    P/FCF Ratio-52.89
    P/OCF Ratio-52.89

    Financial Position

    As of March 31, 2023, HighGold Mining Inc. maintains a current ratio of 12.95, meaning it holds 12.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 0.19, indicating conservative leverage, while an interest coverage ratio of -204.91 demonstrates limited ability to service its debt obligations.

    Current Ratio12.95
    Quick Ratio11.77
    Debt / Equity0.19
    Debt / EBITDA-0.05
    Interest Coverage-204.91

    Financial Efficiency

    Over the twelve months ended March 31, 2023, HighGold Mining Inc. posted a negative return on equity (ROE) of -2.81, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -2.64, reflecting losses generated across the asset base.

    Return on Equity (ROE)-2.81
    Return on Assets (ROA)-2.64

    Dividends & Yields

    These figures cover the twelve months ended March 31, 2023. Free cash flow yield is negative at -1.89: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield reaches 0.05, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to HighGold Mining Inc. shareholders.

    Shareholder Yield0.05
    FCF Yield-1.89

    Scores

    As of March 31, 2023, HighGold Mining Inc. has an Altman Z-Score of 49.24, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score49.24